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/
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/
TechStock²
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%.
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/
https://ts2.tech/en/navitas-shares-jump-again-hot-streak-faces-dilution-risk-with-ai-bet/
TechStock²
Navitas Shares Jump Again, Hot Streak Faces Dilution Risk With AI Bet
Navitas Semiconductor shares rose to around $32 in premarket trading Tuesday, up 9.4% from Friday’s $29.25 close.
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/
https://ts2.tech/en/marvell-jumps-before-earnings-with-ai-trade-pointing-at-200/
TechStock²
Marvell jumps before earnings with AI trade pointing at $200
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.
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/
https://ts2.tech/en/micron-stock-rises-early-as-ai-memory-demand-faces-new-test/
TechStock²
Micron Stock Rises Early as AI Memory Demand Faces New Test
Micron shares traded at $779.05 before Tuesday’s open, up 3.7% from Friday’s $751.00 close.
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/
https://ts2.tech/en/rolls-royce-share-price-today-why-the-ftse-100-engine-maker-is-rising-again/
TechStock²
Rolls-Royce Share Price Today: Why the FTSE 100 Engine Maker Is Rising Again
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.
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/
https://ts2.tech/en/lloyds-shares-trade-above-100p-in-london/
TechStock²
Lloyds Shares Trade Above 100p in London
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.
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/
https://ts2.tech/en/infleqtion-shares-up-31-this-week-after-100-million-quantum-contract-eyes-on-tuesday-trading/
TechStock²
Infleqtion Shares Up 31% This Week After $100 Million Quantum Contract, Eyes on Tuesday Trading
Infleqtion shares surged 11.2% Friday to $16.35, capping a 31.4% weekly gain ahead of the Memorial Day market closure.
Plug Power shares closed at $3.78 on May 22 after a volatile week, rebounding 14.2% on May 21 following news of a final investment decision for its 30-megawatt Barrow Green Hydrogen project in the UK. The company reported Q1 revenue up 22% to $163.5 million and improved gross margin, but analysts remain cautious, with price targets ranging from $2.50 to $5. U.S. markets were closed May 25 for Memorial Day.
https://ts2.tech/en/plug-power-stock-pauses-after-a-wild-week-the-next-test-is-cash/
https://ts2.tech/en/plug-power-stock-pauses-after-a-wild-week-the-next-test-is-cash/
TechStock²
Plug Power Stock Pauses After a Wild Week. The Next Test Is Cash.
Plug Power shares closed at $3.78 on May 22 after a volatile week, rebounding 14.2% on May 21 following news of a final investment decision for its 30-megawatt Barrow
Archer Aviation (ACHR) closed Friday at $6.36, up 5.1% for the week, before slipping to $6.29 in after-hours trading. The company reported a Q1 net loss of $217.7 million on $1.6 million revenue, with $1.78 billion in cash at quarter’s end. Archer says it completed Phase 3 of FAA certification for its Midnight eVTOL. Investors await updates on Phase 4 testing and U.S. pilot program plans.
https://ts2.tech/en/archer-aviation-stock-paused-monday-traders-watching-tuesday-for-achr-direction/
https://ts2.tech/en/archer-aviation-stock-paused-monday-traders-watching-tuesday-for-achr-direction/
TechStock²
Archer Aviation Stock Paused Monday, Traders Watching Tuesday for ACHR Direction
Archer Aviation (ACHR) closed Friday at $6.36, up 5.1% for the week, before slipping to $6.29 in after-hours trading.
Xanadu’s TSX shares rose 5.18% to C$21.85 on Monday, while its Nasdaq line was closed for Memorial Day after ending Friday at $15.18. The company last week announced a $300 million equity facility and said a quantum-memory advance could halve certain operating costs. Investors are watching dilution risk and upcoming meetings with TD Cowen on May 28. First-quarter net loss widened to $20.6 million on $2.8 million revenue.
https://ts2.tech/en/xanadu-stock-is-moving-while-nasdaq-sleeps-the-300-million-question-investors-face/
https://ts2.tech/en/xanadu-stock-is-moving-while-nasdaq-sleeps-the-300-million-question-investors-face/
TechStock²
Xanadu Stock Is Moving While Nasdaq Sleeps — The $300 Million Question Investors Face
Xanadu’s TSX shares rose 5.18% to C$21.85 on Monday, while its Nasdaq line was closed for Memorial Day after ending Friday at $15.18.
Keel Infrastructure’s Toronto-listed shares rose 6.94% to CA$7.09 on Monday, while its Nasdaq line remained closed for Memorial Day after ending Friday at $4.81, up 3.66%. Investors are watching Keel’s pivot from bitcoin mining to leasing power-backed data centers for AI. First-quarter revenue fell 23% to $37 million, with a $128 million loss from continuing operations. Keel reported $533 million in liquidity.
https://ts2.tech/en/keel-infrastructure-stock-is-jumping-now-comes-the-ai-lease-test/
https://ts2.tech/en/keel-infrastructure-stock-is-jumping-now-comes-the-ai-lease-test/
TechStock²
Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test
Keel Infrastructure’s Toronto-listed shares rose 6.94% to CA$7.09 on Monday, while its Nasdaq line remained closed for Memorial Day after ending Friday at $4.81, up
Rivian shares closed Friday at $14.22, up 0.49% for the day and 3.1% for the week, outpacing the Nasdaq ahead of the Memorial Day market closure. The stock rebounded after early-week losses, with investors watching R2 delivery progress and launch costs. Rivian’s R2 SUV lineup starts at $45,000, with first deliveries planned for 2026. CEO RJ Scaringe said production has begun in Illinois.
https://ts2.tech/en/rivian-stock-just-got-a-long-weekend-jolt-now-comes-the-45000-r2-test/
https://ts2.tech/en/rivian-stock-just-got-a-long-weekend-jolt-now-comes-the-45000-r2-test/
TechStock²
Rivian shares move higher into long weekend as $45,000 R2 hits next test
Rivian shares closed Friday at $14.22, up 0.49% for the day and 3.1% for the week, outpacing the Nasdaq ahead of the Memorial Day market closure.
Marvell Technology shares jumped 6.08% to $208.26 on Tuesday before its fiscal Q1 2027 earnings release set for May 27. HSBC, Susquehanna, and Citi all raised their price targets, citing strong demand for Marvell’s AI-related chips and data-center products. Marvell reported $6.10 billion in data-center revenue for fiscal 2026, up from 40% to 74% of total revenue in two years. CEO Matt Murphy will keynote at COMPUTEX next week.
https://ts2.tech/en/marvell-rises-ahead-of-results-as-ai-hype-moves-shares/
https://ts2.tech/en/marvell-rises-ahead-of-results-as-ai-hype-moves-shares/
TechStock²
Marvell Rises Ahead of Results as AI Hype Moves Shares
Marvell Technology shares jumped 6.08% to $208.26 on Tuesday before its fiscal Q1 2027 earnings release set for May 27.
Ford shares rose 2.6% Tuesday, hitting a 52-week high of $15.54 on heavy volume after the Memorial Day break, as investors responded to its push into battery energy storage. The gains followed news of a five-year supply deal with EDF for up to 20 GWh of battery systems. Ford outperformed GM and Tesla, while the S&P 500 advanced 0.61%. First-quarter revenue reached $43.3 billion, with net income of $2.5 billion.
https://ts2.tech/en/ford-stock-breaks-above-15-as-wall-street-finds-a-new-story-beyond-trucks/
https://ts2.tech/en/ford-stock-breaks-above-15-as-wall-street-finds-a-new-story-beyond-trucks/
TechStock²
Ford Stock Breaks Above $15 as Wall Street Finds a New Story Beyond Trucks
Ford shares rose 2.6% Tuesday, hitting a 52-week high of $15.54 on heavy volume after the Memorial Day break, as investors responded to its push into battery energy
Intel shares rose 3.1% to $123.52 Tuesday, with over 107 million shares traded, as investors bet on AI chip demand and U.S.-backed semiconductor production. The move followed a Memorial Day market closure and came amid record closes for the S&P 500 and Nasdaq. AMD gained 7.8%, Nvidia slipped 0.3%. Reuters reported the U.S. government’s stake in Intel has grown to over $50 billion.
https://ts2.tech/en/intel-stock-jumps-again-the-comeback-trade-wall-street-cant-ignore/
https://ts2.tech/en/intel-stock-jumps-again-the-comeback-trade-wall-street-cant-ignore/
TechStock²
Intel Stock Jumps Again — The Comeback Trade Wall Street Can’t Ignore
Intel shares rose 3.1% to $123.52 Tuesday, with over 107 million shares traded, as investors bet on AI chip demand and U.S.-backed semiconductor production.
Micron shares surged 19.3% to $895.88 Tuesday, lifting its market value past $1 trillion for the first time after UBS raised its price target to $1,625. The Philadelphia semiconductor index hit a record, jumping 5.5%. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year ago. The company said its high-bandwidth memory supply for 2026 is already sold out.
https://ts2.tech/en/micron-tops-1t-as-ai-memory-play-draws-wall-street/
https://ts2.tech/en/micron-tops-1t-as-ai-memory-play-draws-wall-street/
TechStock²
Micron tops $1T as AI memory play draws Wall Street
Micron shares surged 19.3% to $895.88 Tuesday, lifting its market value past $1 trillion for the first time after UBS raised its price target to $1,625.
Redwire shares jumped 26% to $22.04 Tuesday, with trading volume over 105 million, after U.S. markets reopened post-Memorial Day. The move followed news of major drone orders, a record $498.1 million backlog, and a possible $350 million share sale. Redwire reported first-quarter revenue up 57.9% but posted a $76.5 million net loss. Broader space stocks also rallied.
https://ts2.tech/en/redwire-stock-rockets-26-as-the-space-trade-comes-back-fast/
https://ts2.tech/en/redwire-stock-rockets-26-as-the-space-trade-comes-back-fast/
TechStock²
Redwire Stock Rockets 26% as the Space Trade Comes Back Fast
Redwire shares jumped 26% to $22.04 Tuesday, with trading volume over 105 million, after U.S. markets reopened post-Memorial Day.
Plug Power shares rose 1.5% to $3.84 Tuesday on heavy volume, as traders watched for margin gains to support the stock’s rally. The company reported Q1 revenue up 22% to $163.5 million and a negative 13% gross margin. Plug ended the quarter with $223 million in unrestricted cash. It approved a 30-megawatt green hydrogen project in Barrow-in-Furness, England.
https://ts2.tech/en/plug-power-shares-gain-cash-still-an-issue/
https://ts2.tech/en/plug-power-shares-gain-cash-still-an-issue/
TechStock²
Plug Power Shares Gain, Cash Still an Issue
Plug Power shares rose 1.5% to $3.84 Tuesday on heavy volume, as traders watched for margin gains to support the stock’s rally.
Nokia shares closed up 5.9% at 13.84 euros in Helsinki Tuesday, hitting a 52-week high of 13.98 euros. The stock has surged over 140% this year, trading at its highest since 2008. First-quarter operating profit rose 54% to 281 million euros, beating estimates. AI and cloud sales made up 8% of total sales, rising 49% year-on-year.
https://ts2.tech/en/nokia-stock-move-puts-investors-on-edge-over-ai-bets/
https://ts2.tech/en/nokia-stock-move-puts-investors-on-edge-over-ai-bets/
TechStock²
Nokia stock move puts investors on edge over AI bets
Nokia shares closed up 5.9% at 13.84 euros in Helsinki Tuesday, hitting a 52-week high of 13.98 euros.
Intuitive Machines shares fell 8.1% to $35.16 Tuesday after NASA awarded key lunar rover contracts to Astrolab and Lunar Outpost, leaving the company out. Trading volume topped 45 million amid a brief halt for volatility. Most space stocks and the Nasdaq rose during the session. Intuitive Machines remains involved in other NASA lunar projects.
https://ts2.tech/en/intuitive-machines-shares-fall-after-company-misses-nasa-rover-bid/
https://ts2.tech/en/intuitive-machines-shares-fall-after-company-misses-nasa-rover-bid/
TechStock²
Intuitive Machines Shares Fall After Company Misses NASA Rover Bid
Intuitive Machines shares fell 8.1% to $35.16 Tuesday after NASA awarded key lunar rover contracts to Astrolab and Lunar Outpost, leaving the company out.
Momentus Inc. surged 96.6% to $14.51 late Tuesday after filing to register up to $200 million in securities for possible sale. Trading volume hit 74.5 million shares, nearly doubling the stock. Director Chris Hadfield bought 2,000 shares at $7.19 each on May 21. The company’s Vigoride 8 vehicle passed a key NASA-backed design review for a 2027 mission.
https://ts2.tech/en/momentus-shares-soar-after-200-million-filing/
https://ts2.tech/en/momentus-shares-soar-after-200-million-filing/
TechStock²
Momentus Shares Soar After $200 Million Filing
Momentus Inc. surged 96.6% to $14.51 late Tuesday after filing to register up to $200 million in securities for possible sale.