BUSINESS

Lionsgate Studios' shares rose 15.80% after reporting Q4 2026 earnings that exceeded expectations, driven by strong film performance and library sales, with revenue reaching $906.5 million.

Intel and IBM showed contrasting financial performances in 2026, with Intel focusing on AI and foundry business, while IBM excelled in software and quantum computing. Analysts offer varied ratings.

AXT Inc. shares rose 16.37% due to strong demand for indium phosphide products in AI applications, with improved financial results and positive analyst actions boosting investor confidence.

BlackBerry shares rose nearly 19% due to QNX software success and a major U.S. security certification. The company reported strong financial results and strategic partnerships in automotive AI.

Navitas Semiconductor's shares rose nearly 20% due to AI infrastructure momentum and analyst price target increases, despite reporting a Q1 net loss. The company focuses on high-power markets.

Nokia shares rose 9.55% following positive analyst actions and AI networking innovations. The company reported strong Q1 2026 financial results, boosting its growth outlook for the year.

Dell Technologies' shares rose over 15% on May 22, 2026, driven by strong AI server demand and analyst upgrades. The company reported significant revenue growth and maintained a positive outlook.

The FTSE 100 rose 0.16% on May 22, 2026, driven by energy stocks amid geopolitical tensions. The index ended a four-week losing streak, reflecting investor focus on commodity prices and central bank policies.

Rigetti Computing's shares soared after announcing a $100 million funding agreement with the U.S. Department of Commerce to advance superconducting quantum computing research, highlighting significant growth and future potential.

Apple plans to launch the iPhone 18 Pro Max in September 2026, featuring design refinements, camera upgrades, and improved performance. A foldable iPhone is also expected to debut alongside.

Zoom's shares rose 12.86% after reporting strong Q1 2027 earnings, driven by AI adoption and enterprise demand, leading to raised full-year guidance and increased share repurchase authorization.

Blake Lively and Ryan Reynolds face $2.1 million in mechanics liens from contractors over construction work on their Lewisboro estate. The project has stalled, and no public comments have been made.

Infleqtion Inc. shares rose nearly 20% following a $100 million funding letter from the U.S. Department of Commerce, boosting its quantum computing advancements and market position.

GameStop has increased its stake in eBay to 6.55% after a $56 billion acquisition proposal was rejected. CEO Ryan Cohen remains committed to strategic investments and operational improvements.

The Dow Jones Industrial Average closed at a record 50,642.00, driven by technology and industrial stocks, as investor confidence in the Federal Reserve's interest rate path grew.

Advance Auto Parts' shares rose 19.63% after reporting strong Q1 2026 results, with net sales of $2.6 billion and a 3.5% increase in comparable store sales, exceeding expectations.

Elon Musk announced SpaceXAI, seeking engineers and physicists for AI roles without requiring prior AI experience. The initiative aims to integrate AI into aerospace, focusing on autonomous systems and spacecraft design.

D-Wave Quantum's shares rose 24% after reports of a $100 million U.S. government funding package. The company, focusing on quantum computing, reported strong bookings despite a revenue dip.

Palantir Technologies reported an 85% revenue increase in Q1 2026, raising its full-year guidance. The company continues to expand its AI platform, with strong growth in U.S. commercial revenue.

IonQ Inc. shares rose sharply following a record first-quarter performance and increased full-year revenue guidance, driven by strong demand for its quantum computing systems.

Walmart's shares fell after first-quarter results exceeded revenue estimates but included a cautious outlook due to consumer spending pressures and economic uncertainties.

IBM shares rose 3.85% following positive developments in quantum computing and strong earnings, highlighting its strategic focus on AI and cloud services.

GameStop's shares fluctuate as it navigates market reactions to its $56 billion proposal to acquire eBay, which was rejected. CEO Ryan Cohen continues to push strategic initiatives amid mixed analyst views.

The Dow Jones fell 232 points due to rising oil prices and Treasury yields, reflecting inflation concerns and geopolitical tensions in the Middle East, impacting investor sentiment.

President Trump invested up to $5 million in Kura Sushi USA, boosting its stock despite his known dislike for sushi. The investment was part of a larger portfolio managed by advisers.

Quantum computing stocks rose after the U.S. announced $2 billion in grants to nine companies, including IBM and GlobalFoundries, as part of a strategy to enhance technological leadership.

Samsung Electronics' largest union postponed a planned strike after reaching a tentative wage deal, allocating 12% of semiconductor profits for bonuses. The union will vote on the agreement soon.

Elevra Lithium Limited's shares rose nearly 9% as the company advances its North American strategy, securing funding and divesting non-core assets to focus on lithium production and expansion.

The S&P/ASX 200 index rose 1.62% as softer employment data eased rate hike fears, with financial and energy stocks leading gains amid positive global cues.