Today: 18 May 2026
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Artificial Intelligence 16 May 2026 - 17 May 2026

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares closed at $118.21 after a 22% weekly gain, following strong earnings and an increased AI revenue outlook. The stock jumped 17% Thursday, its biggest one-day rise in over 20 years, adding about $70 billion in market value. Cisco reported $15.8 billion in Q3 revenue and announced nearly 4,000 job cuts. Arista Networks and Hewlett Packard Enterprise shares fell as Cisco surged.
17 May 2026
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Figma Shares Jump 13%, Next Up: AI Revenue Numbers Monday

Figma Shares Jump 13%, Next Up: AI Revenue Numbers Monday

Figma shares jumped 13.24% Friday to $22.92 after the company raised its 2026 sales outlook and reported first-quarter revenue up 46% to $333.4 million. The company credited AI features for boosting paid user conversions and said net dollar retention hit 139%. After-hours trading saw the stock slip 1.57%. Figma now expects full-year revenue between $1.422 billion and $1.428 billion.
17 May 2026
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Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

Nokia shares closed Friday at 11.905 euros in Helsinki, up 8.8% from May 8 after a four-day trading week. The stock’s rally follows strong first-quarter results, with AI and cloud sales up 49% and a raised 2026 growth target. Nokia named Emma Falck as Mobile Infrastructure president, effective September 1. The OMX Helsinki 25 ended Friday at 6,272.91, up 0.5% from the previous week.
17 May 2026
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Ford Stock’s Rally Pauses as Orders Take Focus

Ford Stock’s Rally Pauses as Orders Take Focus

Ford shares fell 7.46% Friday to $13.40, but still closed the week up about 9% after a surge driven by optimism over its new energy-storage business. Trading volume hit 108.27 million shares. Morgan Stanley highlighted Ford’s partnership with CATL and potential as a supplier to U.S. data centers. Ford reported Q1 net profit of $2.5 billion and raised its 2026 adjusted EBIT guidance.
17 May 2026
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Intel’s AI Stock Surge Stalls Out

Intel’s AI Stock Surge Stalls Out

Intel shares fell 6.2% Friday to $108.77, capping a 12.9% weekly drop as the Philadelphia semiconductor index slid 4%. Investors cut exposure to chipmakers amid concerns over AI-driven valuations and higher oil prices. UBS said Intel’s server CPU market share dropped to 54.9% in Q1, down from 64.4% a year earlier. Intel faces a test at the J.P. Morgan technology conference on May 19.
17 May 2026
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OpenAI Faces New Valuation Hurdle in $1 Trillion IPO Push

OpenAI Faces New Valuation Hurdle in $1 Trillion IPO Push

Anthropic has agreed to a $30 billion funding round at a $900 billion valuation, surpassing OpenAI’s last reported $852 billion mark, the Financial Times reported. OpenAI closed a $122 billion round in March and announced a new deployment company with $4 billion in backing. U.S. stock markets remain closed until Monday. SoftBank reported $45 billion in cumulative gains from its OpenAI stake.
17 May 2026
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Anthropic’s $900 Billion Fundraising Draws Attention to IPO Timeline

Anthropic’s $900 Billion Fundraising Draws Attention to IPO Timeline

Anthropic has reportedly agreed to terms for a $30 billion funding round valuing the company at about $900 billion, according to the Financial Times. The deal, if completed, would nearly triple its last confirmed valuation of $380 billion in February. The Wall Street Journal said the round is led by Greenoaks, Sequoia, Dragoneer, and Altimeter, and could exceed the $30 billion target.
17 May 2026
Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet shares closed at $396.78 Friday, down 1.07% after Pershing Square, led by Bill Ackman, fully exited its stake to fund a new Microsoft position. Alphabet also raised $3.6 billion in its first yen bond sale, the largest by a foreign company. First-quarter revenue rose 22% to $109.9 billion, with Google Cloud revenue up 63% to $20 billion.
16 May 2026
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Fortinet stock hits new high on AI security moves

Fortinet stock hits new high on AI security moves

Fortinet shares closed at a record $122.78 on Friday, up 0.75%, defying a 1.5% drop in the Nasdaq composite. The stock rose 7.6% for the week, boosted by strong first-quarter results and an AI-security partnership with Nvidia. Trading volume reached about 5.5 million shares. U.S. markets are closed for the weekend; Fortinet will present at J.P. Morgan’s technology conference on Tuesday.
16 May 2026
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Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian shares jumped 8.16% to $87.46 Friday but ended the week down 4.5%. Truist Securities reiterated a Buy rating and $100 target after the Team 26 event, citing AI monetization as a key issue. Nasdaq regular trading resumes Monday. Atlassian last posted a fiscal Q3 revenue gain of 32% year-over-year to $1.787 billion but reported a GAAP operating loss of $56.3 million.
16 May 2026
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Palantir Steady as Nasdaq Slides Before Monday

Palantir Steady as Nasdaq Slides Before Monday

Palantir closed Friday at $133.99, up 0.2%, but lost 2.8% for the week after a sharp midweek drop. The Nasdaq is closed for the weekend, with trading set to resume Monday. Palantir’s first-quarter revenue jumped 85% to $1.63 billion, but valuation concerns linger as its price-earnings ratio nears 150. Broader tech stocks, including Nvidia and AMD, fell sharply Friday.
16 May 2026
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Stock Market Today

  • Asia Shares Slip as Oil Prices and Bond Yields Rise on Gulf Tensions
    May 17, 2026, 9:17 PM EDT. Asian share markets declined Monday amid fresh drone attacks in the Gulf, which elevated oil prices and bond yields. The rise in energy costs adds pressure to fixed income markets, while investors await earnings from Nvidia, a key player in artificial intelligence (AI) technology. The Nvidia report will test confidence in the AI sector's growth prospects amid current market volatility.

Latest articles

Rigetti Stock Struggles, Demand for Answers Grows

Rigetti Stock Struggles, Demand for Answers Grows

18 May 2026
Rigetti shares fell 7.37% Friday to $17.85, down about 5.8% for the week, amid heavy trading after earnings. The company reported Q1 revenue of $4.4 million and an operating loss of $26 million. Nasdaq Composite lost 1.5% Friday, while other quantum stocks also declined. CEO Subodh Kulkarni is set to speak at a virtual symposium May 21.
Super Micro Shares Slip, Eyes on Monday for SMCI

Super Micro Shares Slip, Eyes on Monday for SMCI

18 May 2026
Super Micro Computer shares closed at $31.04 Friday, down 6% on the day and 12.2% since May 8, as the Nasdaq fell 1.54%. The company reports $10.24 billion in March-quarter sales, missing analyst estimates and down from $12.7 billion the prior quarter, with a 9.9% gross margin and $6.6 billion in operating cash outflow. Management will address investors Monday at a J.P. Morgan conference.
Exxon to Be Watched Monday After Oil Rally and Court Ruling

Exxon to Be Watched Monday After Oil Rally and Court Ruling

18 May 2026
Exxon Mobil closed Friday at $157.92, up 3.4%, after a surge in crude prices lifted energy stocks. Brent crude settled at $109.26 a barrel and WTI at $105.42, both jumping on concerns over shipping near the Strait of Hormuz. A Texas jury found Exxon not liable in a long-running investor lawsuit. Trading resumes Monday; U.S. markets are closed for the weekend.
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