Momentum Movers

• $POET down 22% after securing $400M in financing through a registered direct offering of common shares and warrants. 
• $FIG up 13% after the company reported better-than-expected Q1 financial results and raised its FY26 sales guidance.
  $NVDA down 4% amid general market weakness and a lack of new developments regarding chip sales in China. 
• $SLV down 8% as silver prices dropped sharply amid rising bond yields and broader market pressure. 
• $MU down 6% as shares of memory-sector stocks pulled back, possibly due to monthly options expiration putting pressure on call-heavy stocks. 
• $CBRS down 10% as momentum cooled in the recent IPO amid general market pressure. 
• $NOW up 5% as shares of software companies were broadly higher on sector rotation.
• $MSFT up 3% after Bill Ackman disclosed a new position in the company. 
• $USO up 4% as tensions in the Middle East persisted while the U.S. weighs new action following the summit in China. 
• $CRCL down 8% as shares of crypto-related companies fell amid a drop in cryptocurrency prices.

Sector Performance

Market News

• SpaceX reportedly picked Nasdaq for IPO, and plans to list as early as June 12th. 
• Treasury yields surged on Friday, with the 30-year yield at its highest point since 2007. 

Upcoming Events 5/18/26

• NAHB Housing Market Index (May)
• US Foreign Bond Buying – T-Bonds (Mar)
• Earnings: $BIDU, $TOYO, $AGYS, $FATN, $GOSS, $NRXP, $BRC, $CGEN, $RNW