News 22 May 2026

UK & AU Stock Market Today: Live Updates 23.05.2026

UK & AU Stock Market Today: Live Updates 23.05.2026

Rolls-Royce shares have stayed flat for eight months, lagging behind tech stocks such as Nvidia and Alphabet, which gained over 20%. Higher oil prices and reduced airline flights have cut into Rolls-Royce’s engine servicing revenue. The company expects first-half results to meet, but not beat, forecasts. Momentum trading interest has faded after a steep rally from 2023 to 2025.
May 23, 2026
Hesai Stock Jumps on 1 Million-Unit Lidar Deal, but There’s a Catch

Hesai Stock Jumps on 1 Million-Unit Lidar Deal, but There’s a Catch

Hesai’s U.S.-listed shares fell 2.6% in premarket trading Friday after the company announced an order exceeding 1 million lidar units from an unnamed top-tier European automaker. Hong Kong shares rose 4.8%. Daiwa raised its price target, but Bernstein, SocGen, and Citi cut theirs after earnings. First-quarter revenue rose 29.6% to $98.7 million, with net income of RMB18.3 million.
May 22, 2026
Portillo’s Stock Near 52-Week Low as CFO Shake-Up Puts Turnaround Plan in Focus

Portillo’s Stock Near 52-Week Low as CFO Shake-Up Puts Turnaround Plan in Focus

Portillo’s shares traded at $4.10 premarket Friday, near a 52-week low, after the company named Pamela Smith interim CFO following Michelle Hook’s exit. The move comes weeks after Portillo’s reported a first-quarter net loss and flat same-restaurant sales. Analysts have lowered price targets and growth expectations as the chain slows expansion plans.
May 22, 2026
HeartBeam Shares Hover Near $1 With Cash, Launch Timeline in Focus

HeartBeam Shares Hover Near $1 With Cash, Launch Timeline in Focus

HeartBeam Inc. shares rose 2% to $0.94 in premarket trading Friday, nearing $1 as investors weighed early sales efforts against ongoing funding risks. The company reported a $4.7 million Q1 net loss and $2 million in cash at March 31, later raising $11.5 million in April. HeartBeam expects no material revenue in 2026 and disclosed “substantial doubt” about its ability to continue operating. No new company news was released Friday.
May 22, 2026
Catalyst Bancorp Trades Close to $16 Ahead of Lakeside Deal

Catalyst Bancorp Trades Close to $16 Ahead of Lakeside Deal

Catalyst Bancorp shares hovered near $15.91 in thin premarket trading Friday as investors awaited progress on its $41.1 million acquisition of Lakeside Bancshares. The company’s latest filing showed routine annual-meeting votes, with no new earnings or dividend news. U.S. stock markets will close Monday for Memorial Day. Catalyst reported first-quarter net income of $558,000, up from $456,000 in the prior quarter.
May 22, 2026
NNBR Stock Moves Before Open After 2 Million-Share Vote — What Traders Are Watching

NNBR Stock Moves Before Open After 2 Million-Share Vote — What Traders Are Watching

NN Inc shareholders approved a 2 million-share increase to its equity incentive plan at the May 20 annual meeting, raising potential dilution concerns. Shares traded at $2.42 premarket Friday, up 2.5% in 24 hours, ahead of the Memorial Day market closure. First-quarter sales rose 12.1% to $118.5 million, but the company posted a $6.8 million net loss and reported $170.4 million in total debt.
May 22, 2026
Tyra Biosciences Stock Has a Data Question Investors Can’t Ignore

Tyra Biosciences Stock Has a Data Question Investors Can’t Ignore

Tyra Biosciences shares traded at $33.02 ahead of Friday’s Nasdaq session, below their 52-week high of $40.65. The company reported $383.5 million in cash at March 31 and a first-quarter net loss of $39.3 million. Three Phase 2 trials of dabogratinib are underway or planned, with initial bladder-cancer data expected in August. Wolfe Research initiated coverage this week, citing potential peak sales of $300–400 million.
May 22, 2026
Cogent Stock Rises as Legal Cloud Stays in Focus Ahead of Holiday

Cogent Stock Rises as Legal Cloud Stays in Focus Ahead of Holiday

Cogent Communications closed Thursday at $18.37, up 3.38%, after 909,466 shares traded. Pomerantz LLP announced an investigation into possible securities fraud tied to Cogent’s first-quarter results and a 19% stock drop on May 4. Cogent reported March-quarter service revenue of $239.2 million, down from the prior quarter. U.S. markets are closed Monday for Memorial Day.
May 22, 2026
Ucommune Stock Drops 9% Ahead of U.S. Holiday

Ucommune Stock Drops 9% Ahead of U.S. Holiday

Ucommune International shares fell 9.2% to $2.96 on Nasdaq Thursday, with after-hours quotes at $2.98. The Chinese flexible-office operator’s market value stood near $2.04 million, after trading volume more than doubled its daily average. The drop followed a May 12 filing revealing a $1.3 million, three-year GPU server lease and a recent 1-for-10 reverse stock split. Ucommune’s 2025 net loss narrowed to $5.2 million.
May 22, 2026
Turtle Beach Rises as CFO Leaves, 2026 Outlook in Focus

Turtle Beach Rises as CFO Leaves, 2026 Outlook in Focus

Turtle Beach shares rose 3.83% to $11.12 Thursday after the company named Andrew Clipsham interim CFO, replacing Mark Weinswig, who resigns June 15. The company reaffirmed its 2026 outlook despite reporting a first-quarter net loss of $15.2 million on $42.2 million in revenue. Turtle Beach expects full-year 2026 net revenue of $335–$355 million and adjusted EBITDA of $44–$48 million.
May 22, 2026
Uxin Stock Drops Close to 52-Week Low as Chongqing Deal Sits in Focus

Uxin Stock Drops Close to 52-Week Low as Chongqing Deal Sits in Focus

Uxin Limited’s U.S.-traded shares fell 7.56% to $2.20 on Thursday after the company announced a new used-car superstore project in Chongqing. The stock touched a 52-week low of $2.14, with about 189,500 shares traded. Uxin expects the Chongqing site to open in 2026 with capacity for over 5,000 vehicles. The company reported 2025 revenue of 3.24 billion yuan, up 78.6% year-over-year.
May 22, 2026
Caring Brands Rises 11% as Nasdaq Deadline Hits for CABR

Caring Brands Rises 11% as Nasdaq Deadline Hits for CABR

Caring Brands Inc. shares jumped 11.1% to $0.9887 Thursday ahead of a Nasdaq deadline for the company to submit a compliance plan. The wellness firm reported no revenue for Q1 and a $2 million net loss. Shareholders are set to vote on issuing more stock and increasing authorized shares to 500 million. Nasdaq warned the company for falling below the $2.5 million equity requirement.
May 22, 2026
FWONA Formula One Stock Gets Attention Ahead of Canada

FWONA Formula One Stock Gets Attention Ahead of Canada

FWONA closed Thursday at $82.31, down 0.64%, with no after-hours movement. The stock is trading below its October 2025 high of $99.52. Formula 1 begins its Canadian Grand Prix weekend in Montreal on Friday, marking the circuit’s first Sprint weekend. Former Red Bull boss Christian Horner is advising Oakley Capital on sports investments, with interest reported around Alpine and BYD.
May 22, 2026
Horizon Bancorp Shares Rise Ahead of Memorial Day With Margins in View

Horizon Bancorp Shares Rise Ahead of Memorial Day With Margins in View

Horizon Bancorp shares closed Thursday at $18.42, their highest since May 8, after rising for two sessions. First-quarter net income reached $26.2 million, with net interest income up 19.1% to $62.2 million and total deposits at $5.4 billion. The bank’s market value stands near $945 million, well below Indiana peers. Friday’s session is the last before the Memorial Day market closure.
May 22, 2026
FMFC Stock Under 40 Cents Before CFO Exit: The June Date Investors Cannot Ignore

FMFC Stock Under 40 Cents Before CFO Exit: The June Date Investors Cannot Ignore

Kandal M Venture Limited’s shares closed at $0.3765 on Thursday, down 4.44%, ahead of a finance leadership change and a June Nasdaq compliance deadline. The company faces possible delisting if its stock does not reach $1 by June 22, 2026. Kwok Yi Feng steps down as CFO after Friday’s session, with Lam Tai Mau taking over as financial controller. Kandal reported a 17% drop in revenue for the six months ended Sept. 30, 2025.
May 22, 2026
Iveda Shares Slip Near 31 Cents Before Nasdaq Review

Iveda Shares Slip Near 31 Cents Before Nasdaq Review

Iveda Solutions shares fell 5.6% to $0.3116 Thursday, near a 52-week low and well below Nasdaq’s $1 minimum bid. The company reported Q1 revenue of $1.49 million, mostly from two Taiwan customers, and a net loss of $532,831. Cash rose to $5.7 million after a stock sale, but operating cash flow was negative. Nasdaq has warned Iveda of noncompliance with listing rules.
May 22, 2026

Stock Market Today

  • SpaceX Successfully Launches Redesigned Starship in Pre-IPO Test
    May 23, 2026, 4:12 AM EDT. SpaceX, led by Elon Musk, successfully launched its redesigned Starship vehicle, showcasing the core technology behind its planned initial public offering (IPO), potentially the largest in history. The test flight demonstrated critical advancements in reusable spaceflight systems, reinforcing investor confidence ahead of the high-profile IPO. This marks a key milestone for SpaceX as it aims to expand its commercial footprint. The successful launch could influence market sentiment and valuations related to the private space industry.