What Moved Markets — 5pm ET, May 11, 2026

Headlines

•Satya Nadella testifies in Musk-OpenAI trial — Microsoft faces $135B claim over nonprofit mission shift
$MSFT finance.yahoo.com seekingalpha.com bloomberg.com
•Applovin shares rise over 4% after key trading signal at $451.86
$APP benzinga.com
•Why Sandisk (Not Micron) Could Be the Biggest Winner Of the AI Memory Era
$MU $NVDA $SNDK $SNDK $WDC fool.com
•Ilya Sutskever discloses nearly $7 billion stake in AI firm — former OpenAI executive's holding valued at ~$7 billion
$MSFT reuters.com
•AST SpaceMobile Q1 earnings miss — ASTS stock falls after hours
$ASTS benzinga.com investors.com
•Midland States Bancorp appoints Claire Stack as CFO (MSBI:NASDAQ)
$MSBI seekingalpha.com
•Simon Property Group in charts: Base minimum rent rises to $61.99 per sqft
$SPG seekingalpha.com