Tech Up on IPO, Nvidia Optimism -- Tech Roundup

Dow Jones05:19

Shares of technology companies rose amid initial-public offering excitement.

ChatGPT-maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks. Bankers at firms including Goldman Sachs and Morgan Stanley have been helping the artificial-intelligence giant on a draft IPO prospectus it plans to file confidentially with regulators soon, possibly as early as Friday.

Separately, Elon Musk's rocketry and AI company SpaceX on Wednesday filed an investor prospectus for a stock offering expected to raise potentially tens of billions of dollars as soon as mid-June.

Nvidia shares gained ahead of the AI bellwether's earnings report. Nvidia was more or less flat after hours as a slight down-tick in gross margins offset blockbuster revenue growth and torrid demand for AI computing resources.

Shares of home-booking platform Airbnb rallied after it unveiled new services including grocery delivery and airport pickups.

Samsung Electronics' management and its union leaders reached a tentative bonus-pay agreement at the 11th hour, averting a strike at the world's largest memory-chip maker.

Google has begun testing several new ad formats in both standard search results and its AI Mode as the race to turn artificial intelligence into ad revenue picks up.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 20, 2026 17:19 ET (21:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Nvidia was more or less flat after hours as a slight down-tick in gross margins offset blockbuster revenue growth and torrid demand for AI computing resources. \n</p>\n<p>\n  Shares of home-booking platform Airbnb rallied after it unveiled new services including grocery delivery and airport pickups. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a>' management and its union leaders reached a tentative bonus-pay agreement at the 11th hour, averting a strike at the world's largest memory-chip maker. \n</p>\n<p>\n  Google has begun testing several new ad formats in both standard search results and its AI Mode as the race to turn artificial intelligence into ad revenue picks up. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 17:19 ET (21:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Up on IPO, Nvidia Optimism -- Tech Roundup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Up on IPO, Nvidia Optimism -- Tech Roundup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-21 05:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Shares of technology companies rose amid initial-public offering excitement. \n</p>\n<p>\n  ChatGPT-maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks. 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Bankers at firms including Goldman Sachs and Morgan Stanley have been helping the artificial-intelligence giant on a draft IPO prospectus it plans to file confidentially with regulators soon, possibly as early as Friday. \n\n\n  Separately, Elon Musk's rocketry and AI company SpaceX on Wednesday filed an investor prospectus for a stock offering expected to raise potentially tens of billions of dollars as soon as mid-June. \n\n\nNvidia shares gained ahead of the AI bellwether's earnings report. 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