# Brent crude futures ‌jumped 1.7% to $106.82 a barrel.

*semiconductor · news · 2026-05-21 · Devdiscourse*

## Key points

- Iran's Supreme Leader ordered near-weapons-grade uranium not be sent abroad, complicating nuclear negotiations.
- SpaceX revealed its IPO filing, disclosing significant spending on AI to transform its business model.
- IBM and other quantum computing companies are receiving Trump administration grants in exchange for equity stakes.
- Intuit cut 17% of its workforce and lowered its annual TurboTax revenue forecast, causing a 15.9% share drop.
- Nvidia announced an $80 billion share buyback program and forecast strong Q2 revenue despite slower growth expectations.

**Companies:** Walmart, Nvidia, IBM, GlobalFoundries, D-Wave Quantum, Rigetti Computing
**Countries:** United States, Iran

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/technology/3916982-us-stocks-wall-st-eyes-lower-open-as-oil-jumps-on-renewed-iran-supply-fears)

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