ServiceNow Stock Draws Large Institutional Interest, Latest Filings Suggest ChangeInstitutional investors including Glenview Trust, Coldstream Capital, and MMBG Investment Advisors sharply increased ServiceNow stakes in the fourth quarter, SEC filings show. ServiceNow shares last traded near $102, valuing the firm at about $106 billion. First-quarter revenue rose 22% to $3.77 billion. Analysts and investors are weighing the company’s AI prospects against sector caution. https://ts2.tech/en/servicenow-stock-draws-large-institutional-interest-latest-filings-suggest-change/

Rigetti Stock’s $100 Million Quantum Deal Has One Big Catch Traders Can’t Ignore
Rigetti Computing shares dipped 0.23% to $26.36 in early premarket trading Tuesday after a two-day surge of over 50%. The move follows Rigetti’s May 21 announcement of a letter of intent with the U.S. Commerce Department for up to $100 million in funding. The award involves issuing new stock to the government at a discounted price, raising dilution risk for current shareholders.
https://ts2.tech/en/rigetti-stocks-100-million-quantum-deal-has-one-big-catch-traders-cant-ignore/

Navitas Semiconductor shares rose to around $32 in premarket trading Tuesday, up 9.4% from Friday’s $29.25 close. Two SEC filings from May 22 detailed the issuance of over 3.2 million merger earnout shares and the settlement of a SPAC-era sponsor share dispute. The company remains unprofitable and has increased its share count under prior agreements. First-quarter revenue reached $8.6 million, down from $14 million a year ago.
https://ts2.tech/en/navitas-shares-jump-again-hot-streak-faces-dilution-risk-with-ai-bet/

Marvell Technology traded at $206.75 in premarket Tuesday, up 5.3% from Friday’s close, ahead of its fiscal first-quarter results due after the close Wednesday. Options markets are pricing in a move of up to 12% after earnings. Analysts expect Q1 revenue near $2.41 billion and adjusted EPS of 80 cents, almost 30% higher than last year. Stifel raised its price target to $210, citing strength in optical interconnects.
https://ts2.tech/en/marvell-jumps-before-earnings-with-ai-trade-pointing-at-200/

Micron shares traded at $779.05 before Tuesday’s open, up 3.7% from Friday’s $751.00 close. The company began producing 1-alpha DRAM at its expanded Manassas, Virginia plant, a $2 billion project set to quadruple DDR4 wafer output. U.S. markets reopen Tuesday after the Memorial Day holiday.
https://ts2.tech/en/micron-stock-rises-early-as-ai-memory-demand-faces-new-test/

Rolls-Royce Holdings shares rose 0.8% to 1,258.8p in early London trade Tuesday after the Spring Bank Holiday, tracking the FTSE 100. The company reaffirmed 2026 profit guidance at its April 30 annual meeting, citing a 5% rise in large-engine flying hours to 115% of 2019 levels in Q1. Rolls has completed over £750 million of a planned £7–9 billion buyback. Analysts warn of ongoing execution risks.
https://ts2.tech/en/rolls-royce-share-price-today-why-the-ftse-100-engine-maker-is-rising-again/

Lloyds Banking Group shares rose over 1% at Tuesday’s open in London, trading above 100p for the first session after the Spring Bank Holiday. The bank filed for a 500 million share block admission tied to staff plans, set for May 27. Lloyds recently bought back 5 million shares at 99.57p each and posted a Q1 pretax profit of £2 billion, up 33%. Barclays and NatWest also gained over 1% in early trading.
https://ts2.tech/en/lloyds-shares-trade-above-100p-in-london/

Infleqtion shares surged 11.2% Friday to $16.35, capping a 31.4% weekly gain ahead of the Memorial Day market closure. The rally followed a May 21 letter of intent with the U.S. Commerce Department for up to $100 million in proposed funding under the CHIPS Act. The award is not final and depends on meeting development milestones. U.S. equity markets reopen Tuesday after the holiday.
https://ts2.tech/en/infleqtion-shares-up-31-this-week-after-100-million-quantum-contract-eyes-on-tuesday-trading/