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Critical Metals Jumps on 15-Year Rare Earth Supply Deal

May 21, 2026 12:50 pm
Key Moments Critical Metals Corp (NASDAQ:CRML) gained 10% after signing a 15-year binding offtake agreement with REalloys Inc. (NASDAQ:ALOY) for rare earth concentrate from the Tanbreez Project in Southern Greenland. REalloys agreed to buy 15% of Tanbreez’s annual rare earth concentrate output, with priority access to volumes rich in dysprosium and terbium and a Right […] Read more

Grocery Stocks Slide on Walmart Outlook, Kroger Cuts

May 21, 2026 12:39 pm
Key Moments Kroger Co. (NYSE:KR) fell 5% as investors reacted to Walmart Inc. (NYSE:WMT) results and Kroger’s plans for broad price reductions. Walmart guided second-quarter adjusted EPS to a range of 72c to 74c, below the 75c consensus estimate. Kroger CEO Greg Foran said the company is preparing to test and roll out substantial price […] Read more

IBM Rallies on $1B U.S. Quantum Computing Grant Deal

May 21, 2026 10:50 am
Key Moments IBM (NYSE:IBM) shares climbed 6.6% Thursday after the Commerce Department said the company will receive $1 billion in quantum computing funding. The $1 billion award is part of a $2 billion U.S. government package spread across nine quantum-computing companies, including equity stakes. GlobalFoundries (NASDAQ:GFS) is set to receive $375 million, while most other […] Read more

Google Commits $15B to Missouri Data Centers, Power Buildout

May 21, 2026 8:58 am
Key Moments Google announced a $15 billion infrastructure investment in Missouri, centered on a new data center in New Florence, Montgomery County. Governor Mike Kehoe highlighted that the initiative will create jobs and bolster local businesses and communities. Google has arranged more than one gigawatt of new generation capacity in Missouri and is backing over […] Read more

Nvidia Extends AI Growth on Data Center Demand, Vera Chips

May 21, 2026 8:45 am
Key Moments Nvidia projected second-quarter revenue of $91 billion, plus or minus 2%. This beat LSEG estimates of $86.84 billion. It also announced an $80 billion share buyback plan. CEO Jensen Huang highlighted the new “Vera” CPU line. It targets a $200 billion market. Nvidia expects up to $20 billion in revenue from it by […] Read more

AMD Invests $10B to Boost Taiwan AI Supply Chain

May 21, 2026 8:37 am
Key Moments Advanced Micro Devices announced plans to invest more than $10 billion in Taiwan’s artificial intelligence ecosystem. The initiative focuses on expanding AMD’s manufacturing capabilities in collaboration with Taiwanese partners. AMD will work with ASE and SPIL to advance more power-efficient technologies for AI systems and processors. Strategic Investment in Taiwan’s AI Infrastructure Advanced […] Read more

AI, Retail, Energy Stocks Lead U.S. Pre-Market Moves

May 20, 2026 1:24 pm
Key Moments U.S. equity index futures traded higher, with Nasdaq 100 futures up by 208 points, or 0.7%, ahead of Nvidia’s quarterly earnings release. Analog Devices advanced after agreeing to buy Empower Semiconductor for about $1.5 billion in cash to expand its AI-oriented power management business. Energy stocks including Chevron, Exxon Mobil, and several oil […] Read more

Palo Alto Networks’ Surge Tests Investors Before June

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 more

Goldman Sachs Guides SpaceX Toward Major IPO

May 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 more

Micron Rallies on AI Memory Upgrade Calls

May 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 more