By WSJ Staff
ServiceNow (NOW): Bank of America analysts said ServiceNow would benefit from AI, and gave the stock a buy rating yesterday, sending it up 8%. The business-software company's shares are up again premarket; they were still down about a third year to date as of yesterday's close.
CoreWeave (CRWV): The stock is down premarket after The Wall Street Journal reported that Alphabet $(GOOGL)$ and Blackstone (BX) plan to create an artificial-intelligence cloud company to rival CoreWeave using Google's specialized chips. CoreWeave competitor Nebius (NBIS) is also down premarket. Alphabet and Blackstone shares ticked up ahead of the bell.
SK Hynix (KR:000660), Samsung Electronics (KR:005930): Shares of the two chip companies, which have driven up Korea's stock market for much of the year, fell, dragging down the Kospi index.
Vallourec (FR:VK): ArcelorMittal said it sold down its stake in Vallourec, a French maker of steel tubes. Shares fell in Paris.
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(END) Dow Jones Newswires
May 19, 2026 05:24 ET (09:24 GMT)
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