Finance 23 May 2026 - 24 May 2026

Heritage Financial Stock Is Quiet Now, but One Bank Margin Test Could Decide What Comes Next
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Heritage Financial Stock Is Quiet Now, but One Bank Margin Test Could Decide What Comes Next

Heritage Financial Corp. shares closed at $27.25 Friday, down 0.33%, lagging bank sector gains as investors weighed the impact of its Olympic Bancorp acquisition. First-quarter net income was $18.9 million, with net interest margin rising to 3.96%. Management expects cost savings after completing systems integration in Q3. A recent SEC filing disclosed a cybersecurity incident involving an internal file-share server.
May 30, 2026
GeneDx Shares Watch After Holder Filings in Holiday Week
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GeneDx Shares Watch After Holder Filings in Holiday Week

GeneDx shares closed at $47.31 Friday, up 16% from last week but still 30% below early May levels after a post-earnings drop. SEC filings show Eli Casdin and Keith Meister now hold 13.7% and 17.9% stakes, respectively, after recent open-market purchases. The company cut 2026 revenue guidance and reported Q1 revenue of $102.3 million, missing expectations by $12 million. U.S. markets reopen Tuesday after Memorial Day.
May 24, 2026
Surgery Partners Slides Before Memorial Day—Eyes on Tuesday’s Open
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Surgery Partners Slides Before Memorial Day—Eyes on Tuesday’s Open

Surgery Partners closed Friday at $13.40, up from Thursday but down from Monday’s $13.92, with 967,747 shares traded. Nasdaq will pause for Memorial Day, delaying the next session to Tuesday. The company last reaffirmed 2026 guidance on May 5, reporting Q1 revenue up 4.5% to $810.9 million but adjusted EBITDA down 1.5% to $102.3 million and a net loss of $35.9 million.
May 24, 2026
StepStone Stock Pauses After Earnings Gains
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StepStone Stock Pauses After Earnings Gains

StepStone Group closed Friday at $53.74, down 1.83% for the day but up 0.4% from the prior week. The company reported $885 billion in total capital responsibility and declared dividends totaling $0.83 per share, both payable June 30. BMO Capital and Barclays raised price targets, while Oppenheimer cut its target but kept an Outperform rating. Nasdaq will be closed Monday for Memorial Day.
May 24, 2026
National Vision Stock in Focus After Post-Earnings Slide
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National Vision Stock in Focus After Post-Earnings Slide

National Vision Holdings shares closed Friday at $17.13, up 0.94% for the day but down 1.8% on the week, ahead of a Memorial Day market closure. The company reported Q1 revenue up 6.6% to $543.9 million and net income of $31.2 million. Management maintained its 2026 outlook and announced an expanded military retail agreement. Several analysts cut price targets despite mostly positive ratings.
May 24, 2026
IZEA Stock’s Buyback Window Opens After a Revenue Reset. Here’s What Traders Watch Next
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IZEA Stock’s Buyback Window Opens After a Revenue Reset. Here’s What Traders Watch Next

Quantum Computing Inc. (QUBT) jumped 7.89% to close at $12.31 Friday, with volume at 67.5 million shares, after the U.S. Commerce Department announced $2.013 billion in quantum funding that excluded QUBT. IBM, GlobalFoundries, D-Wave, and Rigetti were named as award recipients. Nasdaq is closed Monday for Memorial Day; trading resumes Tuesday.
May 24, 2026
Astera Labs Hits Record High Ahead of Next Week
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Astera Labs Hits Record High Ahead of Next Week

Astera Labs shares closed at a record $306.88 on Friday, up 32% from the prior week’s close, after strong buying driven by management appearances and focus on its Scorpio switch for AI clusters. First-quarter revenue jumped 93% to $308.4 million, with guidance for up to $365 million in the second quarter. U.S. equity markets will be closed Monday for Memorial Day.
May 24, 2026
Lunai Bioworks Heads Into Key Week After Reverse Split, Ongoing Court Battle
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Lunai Bioworks Heads Into Key Week After Reverse Split, Ongoing Court Battle

Lunai Bioworks closed at $2.26 Friday, down 2.62%, after a 1-for-8 reverse split aimed at regaining Nasdaq compliance. A Delaware magistrate judge granted Lunai expedited discovery over alleged naked short selling. Nasdaq will remain closed Monday for Memorial Day. Lunai continues to face listing deadlines and reported a $2.57 million net loss for the March quarter.
May 24, 2026
Ocugen Shares Flat Ahead of Holiday-Shortened Week for Eye-Therapy Bid
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Ocugen Shares Flat Ahead of Holiday-Shortened Week for Eye-Therapy Bid

Ocugen shares closed Friday at $1.34 with 3.9 million shares traded, little changed ahead of the Memorial Day break. The company recently closed a $130 million convertible note sale, using $32.7 million to repay debt and reserving the rest for general purposes. Ocugen will present at the Stifel 2026 Virtual Ophthalmology Forum on Tuesday. The company has completed enrollment in two late-stage eye-disease programs.
May 24, 2026
Tenon Medical faces fresh Nasdaq issue ahead of Tuesday
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Tenon Medical faces fresh Nasdaq issue ahead of Tuesday

Tenon Medical said it no longer meets Nasdaq’s $2.5 million minimum stockholders’ equity rule, triggering a July 6 deadline to submit a compliance plan. TNON closed Friday at $0.7175, up 0.38%, with the next trading session set for Tuesday after the Memorial Day market holiday. Tenon reported $1.895 million in stockholders’ equity as of March 31 and remains under a separate Nasdaq bid-price warning.
May 24, 2026
Viavi Shares Hit Holiday Week After $557M Debt Move
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Viavi Shares Hit Holiday Week After $557M Debt Move

Viavi Solutions closed Friday at $49.51, up 1.08% but down 3.8% for the week, ahead of a U.S. market holiday. The company raised about $557.2 million net from a stock offering priced at $45 per share and plans to repay $450 million of a seven-year term loan. Viavi reported fiscal Q3 revenue up 42.8% to $406.8 million, while GAAP net income fell 67.2% to $6.4 million.
May 24, 2026
Inflection Point VI’s New Nasdaq Symbols Are Out; $10.15 In Focus This Week
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Inflection Point VI’s New Nasdaq Symbols Are Out; $10.15 In Focus This Week

Inflection Point Acquisition Corp. VI units closed Friday at $10.15, near their IPO price, as the SPAC’s shares and warrants traded separately in their first week. Class A shares last traded at $10.03, warrants at $0.655. The company raised $253 million in its March IPO, all placed in trust. Nasdaq will remain closed through Memorial Day, with trading set to resume Tuesday.
May 24, 2026
Coinbase Layoffs: 700 Jobs Cut as Brian Armstrong Bets on AI in Crypto Slowdown
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Coinbase Dips Ahead of Holiday; Catalyst Could Hit Soon

Coinbase Global shares fell 4.4% Friday to $184.99, ending the week down 5.3% as the SEC delayed a plan to allow trading of tokenized stocks. The drop came despite Wall Street gains, with crypto-linked stocks lagging as bitcoin and ether prices remained volatile. Coinbase recently reported a $394.1 million quarterly loss and announced 700 job cuts. U.S. markets will be closed Monday for Memorial Day.
May 24, 2026
Sinclair Shares Rise at Week’s End, Attention Turns to Next Week’s Trading
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Sinclair Shares Rise at Week’s End, Attention Turns to Next Week’s Trading

Sinclair Inc. shares closed at $13.86 Friday, up 1.76% but down 1.1% for the week after a sharp Tuesday drop, lagging broader indexes. The company declared a 25-cent quarterly dividend, payable June 9 to holders as of May 26. Nasdaq will close Monday for Memorial Day. Sinclair reported Q1 revenue of $807 million, up 4% year-over-year, and reaffirmed 2026 guidance.
May 24, 2026
Skye Bioscience Rallies; Holiday Week Puts Focus on Tuesday
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Skye Bioscience Rallies; Holiday Week Puts Focus on Tuesday

Skye Bioscience shares rose 16% to $0.8293 Friday after a safety panel cleared a higher-dose cohort in its nimacimab obesity-drug study. The stock’s gain contrasted with a sector decline and comes ahead of a Nasdaq closure for Memorial Day. No neuropsychiatric adverse events were reported in the first cohort. Skye expects top-line data from the CBeyond Expansion Study in the fourth quarter.
May 24, 2026
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Stock Market Today

  • ASX Investors Face Hidden Overexposure to US 'Magnificent 7' Tech Giants
    May 29, 2026, 8:06 PM EDT. Many Australian investors may unknowingly hold significant stakes in the US tech giants known as the 'Magnificent 7'-Microsoft, Amazon, Alphabet, Meta Platforms, Apple, Tesla, and NVIDIA. These companies dominate various US exchange-traded funds (ETFs) like BetaShares Nasdaq 100 (NDQ), Schwab U.S. Large-Cap Growth (SCHG), iShares S&P 500 (IVV), and others widely held in Australia. In addition, large positions in listed investment companies (LICs) such as MFF Capital and ETFs like VanEck Morningstar Wide Moat (MOAT) further increase exposure. Superannuation funds also typically include these stocks, amplifying collective investment risk. Investors should audit their portfolios to understand the extent of their indirect and direct holdings in these tech behemoths amid their growing market dominance.