May 20, 2026 1:07 pm
Key Moments Palo Alto Networks Inc (NASDAQ: PANW) has climbed from under $150 at the end of March to around $240, advancing more than 70% and closing higher in seven consecutive sessions through the end of last week. The rally has driven the stock to record highs and pushed its relative strength index (RSI) to […]
Read moreMay 20, 2026 12:42 pm
Key Moments SpaceX has reportedly selected Goldman Sachs as the lead underwriter for its planned IPO, with several major U.S. banks lined up behind it. The offering is currently expected at a valuation of $1.25 trillion (€1.05tn) or more, with analysts pointing to Starlink as a key driver. SpaceX is said to be weighing an […]
Read moreMay 20, 2026 10:10 am
Key Moments Micron Technology shares rose 4.2% in pre-market trading to $727.8 following a wave of bullish Wall Street analyst calls. Melius Research, Citigroup, and Mizuho sharply increased their price targets, with Melius lifting its target to $1,100 while reiterating a Buy rating. Investors are tracking Nvidia’s Q1 earnings and a planned strike by more […]
Read moreMay 20, 2026 8:56 am
Key Moments Major Chinese chipmaking names rallied on Wednesday, with Semiconductor Manufacturing International Corp and Hua Hong Semiconductor Ltd soaring in Hong Kong trading. Gains followed unverified social media chatter about a 3 nanometer technology breakthrough in China and expectations that a planned strike at Samsung could shift some demand. Global chip suppliers to NVIDIA […]
Read moreMay 20, 2026 8:37 am
Key Moments JPMorgan has officially launched its Chase digital retail bank in Germany, making the app available for download and the website operational. Germany becomes Chase’s second European market, following its earlier entry into Britain in 2021. The German offering starts with a free savings account, with additional accounts and products planned for next year. […]
Read moreMay 19, 2026 2:28 pm
Key Moments Ford Motor Company (NYSE: F) has formalized its Ford Energy subsidiary and signed a 20 GWh battery supply framework agreement with EDF Power Solutions North America. Ford’s “Model e” division posted a $777 million EBIT loss in the first quarter of 2026, prompting a strategic redeployment of battery investments toward utility-scale storage. Management […]
Read moreMay 19, 2026 2:10 pm
Key Moments Amazon has stopped supporting Kindle e-readers released in 2012 and earlier, blocking new book downloads and software updates after May 20. The company is steering users toward newer models with a 20% device discount and $20 in e-book credits, with current Kindle prices ranging from $110 to $680. Long-time Kindle owners are stockpiling […]
Read moreMay 19, 2026 1:50 pm
Key Moments Oracle (NYSE:ORCL) bonds traded significantly tighter than the broader technology investment-grade universe, based on Bloomberg BVAL data. DXC Technology and Concentrix bonds showed notably wider spreads versus peers on a three-month relative basis. Salesforce’s 5.2% 2033 bond registered the highest trading volume among tightening bonds at $16.18 million. Oracle Leads Tightening in Tech […]
Read moreMay 19, 2026 1:23 pm
Key Moments Airbus (EPA:AIR) has instructed thousands of employees to reduce non-industrial spending by 10%, according to three industry sources cited by Reuters. The directive applies to the commercial aircraft division and corporate headquarters and is separate from the existing LEAD cost-saving program. The initiative targets the use of external contractors as supply chain disruptions […]
Read moreMay 19, 2026 12:32 pm
Key Moments Donald Trump disclosed that he sold Amazon.com Inc (NASDAQ: AMZN) shares in February as part of a broader reshuffling of his equity portfolio. Amazon shares have eased slightly after a powerful rally through April but continue to trade just below a recent all-time high. Wall Street remains broadly optimistic on Amazon, with TD […]
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