## Top Trending Stocks Today (May 24, 2026) & Why They're Moving Based on data from **Finviz** and **Yahoo Finance**, here are today's top trending stocks and the key drivers behind their movements: ### 1. **Navitas Semiconductor (NVTS) — +20.06%** - **Why it's moving:** The stock is surging due to its strategic pivot toward high-power markets, specifically **AI data centers and high-performance computing**. Navitas is an **Nvidia partner** and is developing power chips integral to Nvidia's next-generation 800V high-voltage direct current (HVDC) data centers. The rally was amplified by short covering ahead of Nvidia's earnings report, which confirmed strong market fundamentals. ### 2. **Rigetti Computing (RGTI) — +19.23%** - **Why it's moving:** As a pure-play quantum computing stock, Rigetti is benefiting from renewed investor interest in the quantum computing sector. The company recently announced advancements in its quantum processor technology and partnerships, driving speculative buying. ### 3. **BlackBerry (BB) — +18.00%** - **Why it's moving:** BlackBerry's QNX embedded operating system is gaining traction in the automotive AI software market. The company reported **record QNX segment revenue of $78.7 million (up 20% YoY)**, with the system now embedded in over **275 million vehicles** and a royalty backlog of **$950 million**. Design wins at BMW and Volvo have further fueled the rally. ### 4. **QTREX Quantum (QTEX) — +17.50%** - **Why it's moving:** The stock is surging after the company (formerly Inspira Technologies) rebranded to **QTREX Quantum Ltd.** and began trading under the new ticker **QTEX** on Nasdaq. The rebrand reflects a strategic focus on **additive manufacturing electronics and quantum connectivity infrastructure**, targeting critical hardware bottlenecks in scalable quantum computing systems. ### 5. **SoundHound AI (SOUN) — +16.80%** - **Why it's moving:** SoundHound AI is gaining momentum as a leader in **voice AI and conversational intelligence**. The company recently announced new partnerships with major automotive and restaurant chains, expanding its AI voice technology deployment. Investor optimism is also driven by the broader AI software trend. ### 6. **MicroVision (MVIS) — +15.50%** - **Why it's moving:** MicroVision is rising on speculation about potential **automotive lidar partnerships** and progress in its **display-only projection technology**. The company's lidar sensors are being evaluated by several major automakers for next-generation driver-assistance systems. ### Key Market Context: - **Automotive AI rotation:** Investors are shifting capital from mega-cap AI compute plays (like NVIDIA) toward smaller, specialized automotive AI software companies (BlackBerry, Mobileye, Aurora Innovation). - **Quantum computing hype:** Rebranding and strategic pivots toward quantum technology (QTREX Quantum, Rigetti) are attracting speculative interest. - **Short covering:** Some stocks (like Navitas) saw amplified moves due to short sellers closing positions after positive news. *Sources: Finviz top gainers, Yahoo Finance, Motley Fool, 24/7 Wall St., The Quantum Insider.*