Anthropic Launches Claude for Small Business to Take On Payroll, Invoices and Marketing
Anthropic launched Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks,
Quantum Computing Stock Pulls Back After Revenue Surge as Costs Cloud QUBT Rally
Quantum Computing Inc. shares fell 5.4% to $11.14 Wednesday after a sharp post-earnings rise. First-quarter revenue jumped to $3.69 million from $39,000, mainly from Luminar and NuCrypt acquisitions, but operating expenses more
UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test
UiPath Inc. shares dropped 5.9% to $9.42 on Wednesday, with trading volume above 22 million, after the company launched a new integration for AI coding agents but investors waited for clearer demand signals ahead of its May 28 earnings call. UiPath reported fourth-quarter revenue of $481 million, up 14%, and reached full-year GAAP profitability for the first time.
Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet
Wolfspeed shares surged over 21% to $65.13 Wednesday, with trading volume exceeding 18 million shares and market value reaching $2.55 billion. The rally followed Citrini Research’s endorsement, tying Wolfspeed’s silicon carbide chips to rising AI data-center demand. Wolfspeed reported a $120 million net loss last quarter and expects negative gross margins to continue. Some analysts remain cautious despite the stock’s recent gains.
LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows
LinkedIn will cut about 5% of its workforce, affecting roles in marketing, engineering, and product teams, according to internal memos and sources. The move comes as LinkedIn reported a 12% revenue increase last quarter and surpassed 1.3 billion members. The company has over 17,500 employees worldwide. Microsoft shares were little changed following the news.
Ford Stock Just Jumped. Ford Energy Is Why Wall Street Is Looking Again
Ford shares jumped 8.5% to $13.01 Wednesday after Morgan Stanley highlighted the company’s CATL-licensed energy storage business as a potential earnings driver. Ford Energy, launched May 11, plans to supply battery storage systems to U.S. data centers and utilities from its Kentucky plant, with first deliveries set for late 2027. Morgan Stanley estimates the unit could generate $500–$600 million in annual EBIT at 20 GWh capacity.
Truckers Face May 14 Deadline As FMCSA’s Motus Registration System Replaces Legacy Tools
The Federal Motor Carrier Safety Administration will retire its legacy registration systems at 8 p.m. ET on May 14, with the new Motus: USDOT Registration System set to launch after a brief transition. Registration changes will be unavailable for about four days during data migration. Companies missing the update window may face manual business and identity checks. FMCSA sent 2.2 million deadline notices to registrants.
Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet
Cerebras Systems is set to price its IPO above the $150–$160 per share range, Bloomberg reported, with orders more than 20 times available shares, according to Reuters. The company will offer 30 million shares and begin trading Thursday on Nasdaq under the ticker CBRS. Morningstar estimates the revised range could value Cerebras near $50 billion. Cerebras reported over $500 million in revenue last year but remains unprofitable.
AMD’s Quiet Marvell Stake Puts AI Chip Investors on Alert
Marvell Technology shares rose nearly 10% Wednesday after a filing showed AMD held 65,516 shares at the end of March, valued at $6.49 million then and about $11.8 million at current prices. The disclosure drew attention as Marvell is a key supplier for AI data-center hardware. The Philadelphia SE Semiconductor index is up 64% since March. Analysts raised Marvell’s price targets, citing AI demand and hyperscaler investment.
NIO Stock Is Moving Again As ES8 Sales Put Profit Hopes Back In Play
NIO’s U.S.-listed shares rose 43.5 cents to $6.515 Wednesday, valuing the company at about $13.6 billion, as April deliveries climbed 22.8% to 29,356 vehicles. The ES8 SUV accounted for 44% of April’s volume. NIO’s first-quarter results are due May 21. The company remains smaller than rivals XPeng, Li Auto, and BYD.
Stock Market Today: Dow Drops as Hot Inflation Data Puts Fed Rate Cuts on Ice
The U.S. producer price index jumped 1.4% in April, its largest monthly rise since March 2022, pushing the S&P 500 down 0.10% and the Dow off 0.35% late Wednesday morning. The Nasdaq edged up 0.07% as chip stocks rebounded, with the Philadelphia semiconductor index gaining 1.7%. Traders increased bets on no Fed rate cuts this year after the inflation data.
Dow Jones Live Today: Blue-Chip Index Falls as Hot Inflation Puts Fed-Cut Hopes on Ice
The Dow Jones fell 0.35% and the S&P 500 slipped 0.10% Wednesday after April producer prices jumped 1.4%, the largest monthly gain since March 2022. Nasdaq edged up 0.07%. Futures and prediction markets shifted, showing most traders now expect no Federal Reserve rate cuts this year.
Plug Power Stock Rally Has a Catch: Revenue Beat, Cash Burn Still in View
Plug Power reported first-quarter revenue of $163.5 million, up 22% from a year earlier, driven by material handling and electrolyzer sales. Net loss widened to $245.3 million from $196.7 million, while cash used in operations increased to $150 million. Electrolyzer revenue jumped to $40.8 million. Shares fell 1.5% Wednesday morning to $3.505.
Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again
Nokia appointed Siemens executive Emma Falck to lead its Mobile Infrastructure unit starting Sept. 1 and join its group leadership team. Nokia shares rose 5.5% in Helsinki after first-quarter profit jumped 54% and sales to AI and cloud customers increased 49%. The company also launched new agentic AI tools for broadband networks. Falck previously held senior roles at Siemens, BCG, and KONE.
Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back
Intel shares fell about 2% to $118.23 in early trading Wednesday, after a six-week rally added over $440 billion in market value. Short interest is near a 52-week high, with bearish traders facing more than $12 billion in paper losses, according to S3 Partners. Chip stocks now make up 18% of the S&P 500’s weight, driving most of this year’s index gains.
Coterra Energy Stock Is Gone. Devon’s $58 Billion Shale Deal Now Faces Its First Test
Coterra filed SEC amendments May 11 to deregister unsold securities after its merger with Devon Energy closed. Coterra shares stopped trading May 7, with holders receiving 0.70 Devon share per Coterra share. Devon approved an $8 billion buyback and higher fixed dividend as the combined company begins trading under the Devon name.
VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet
PJ Millennium entities, linked to a CATL affiliate, agreed to buy up to 650.4 million VNET Class A shares from SDHG-controlled sellers for $1.4486 each. The deal would give the buyers up to 38.1% of VNET, with closing expected in Q4 2026. VNET’s Nasdaq-listed ADRs jumped over 30% in U.S. trading. The transaction involves existing shares and does not inject new capital into VNET.
Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play
BofA raised its Coherent Corp. price target to $400, citing demand for high-speed optical transceivers used in AI data centers, but kept a Neutral rating. Coherent reported fiscal Q3 revenue up 21% to $1.81 billion, with Datacenter & Communications revenue jumping 41%. The stock traded near $374. China trade talks and export-control risks remain concerns for the sector.
WeRide Stock Slides Despite Record Q1 Revenue as Robotaxi Losses Loom
WeRide posted record Q1 revenue of RMB114.1 million, up 57.6% year-on-year, but its U.S.-listed shares fell 7.1% in premarket trading as losses stayed high. The company’s global robotaxi fleet reached about 1,300 vehicles by April 30. Net loss widened to RMB389.1 million, while R&D spending rose 11.5% to RMB363.3 million.
SoftBank Group Profit Surges on OpenAI Stake as $64 Billion Bet Faces Cash Test
SoftBank reported January-March net profit more than tripled to ¥1.83 trillion, driven by gains from its OpenAI stake. Full-year net income rose to ¥5.002 trillion, the highest ever by a Japanese company. SoftBank’s OpenAI investment reached $34.6 billion as of March 31, set to increase to $64.6 billion after planned 2026 tranches. The company drew $20 billion from a $40 billion bridge loan to fund additional OpenAI investments.
Why Nextpower Stock Is Jumping: Raised 2027 Outlook, Record Backlog And An $80.5 Million Deal
Nextpower raised its fiscal 2027 revenue forecast after reporting record 2026 revenue and agreeing to buy Zigor and Apex Power conversion assets for up to $80.5 million. Shares jumped 12.5% premarket. Fiscal 2026 revenue rose 20% to $3.56 billion. Spanish foreign-investment approval and deal integration remain key risks.
Crypto ATM Crackdown Spreads as $389 Million Scam Losses Put Kiosks in Crosshairs
Spokane Valley has ordered all virtual-currency kiosks removed within 30 days after police linked them to fraud and one suicide. The FBI reported $389 million in losses tied to crypto ATMs in 2025, with older adults suffering most. Minnesota banned the machines statewide this month. Industry groups argue such bans hurt legitimate users and dispute fraud allegations.
Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms
U.S. producer prices rose 1.4% in April, the largest monthly gain since March 2022, with the Producer Price Index up 6.0% year-over-year, the Bureau of Labor Statistics said Wednesday. Energy prices surged 7.8%, gasoline 15.6%. S&P 500 futures turned negative after the data. The American Petroleum Institute reported U.S. crude inventories fell by 2.2 million barrels last week.
Antelope Enterprise Stock Jumps Again as Bitcoin Gain and Buyback Put AEHL in Focus
Antelope Enterprise Holdings shares jumped 47.55% to $2.11 Tuesday after a 135% surge Friday. The company reported $190,000 in gains from its Bitcoin “Genius Plan” and approved a $95,000 share buyback. A May 11 SEC filing showed Streeterville Capital and affiliates reported zero ownership of Antelope shares. Nearly 49.8 million shares traded Tuesday.
Sivers Semiconductors AB Stock Jumps as MSCI Add Meets Nasdaq Listing Push
Sivers Semiconductors shares surged 31.3% to 56.65 crowns after MSCI added the company to its Sweden small-cap index. Shareholders recently approved a private placement of 8.62 million shares at 14.50 crowns each, raising about 125 million crowns. Sivers is preparing accounts to U.S. standards as it considers a dual listing on Nasdaq New York. The company delayed its 2025 annual report to May 15.
British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now
Britain’s £500 million energy debt relief scheme for low-income households remains stalled, with consumer arrears projected to top £7 billion by year-end. Ofgem says the scheme’s launch depends on new data-sharing laws, while ministers have yet to approve changes. Energy UK reports household energy debt has doubled in three years. British Gas alone saw over £1 billion in unpaid bills last year.
Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test
Britain’s £500 million energy debt relief plan for low-income households remains stalled, as consumer arrears are projected to exceed £7 billion by year-end. Ofgem says the scheme’s launch depends on government data-sharing legislation. Energy UK reports household energy debt has more than doubled in three years. British Gas alone saw over £1 billion in unpaid bills last year.
CLARITY Act Vote Faces Trump Ethics Fight as Labor, Banks Push Back
The Senate Banking Committee will vote Thursday on the Digital Asset Market Clarity Act, facing late opposition from labor unions, banks, and Democrats citing President Trump’s crypto ties. The latest draft would ban rewards on idle stablecoin balances but allow transaction-based rewards. The American Bankers Association says the bill leaves loopholes. The committee meets May 14 at 10:30 a.m.
Copper Price Nears Record High As Supply Crunch And AI Demand Drive $14,000 Rally
Copper prices on the London Metal Exchange rose above $14,000 a ton, nearing January’s record, as supply concerns mounted over Freeport-McMoRan’s Grasberg mine and sulfuric acid shortages. Comex copper futures in New York hit a record $6.6455 a pound. Chinese refined copper output dropped 3% in April. Freeport said Grasberg should return to full production by end-2027, despite earlier confusion over possible delays.
Broadwind Stock Doubles as Wind Exit Turns Into a Power-Generation Repricing
Broadwind shares jumped 117% to $4.41 Tuesday after Q1 results showed a $0.02 per-share loss, beating forecasts, and $34.06 million in revenue. The company reported $37.4 million in new orders and highlighted a shift from wind towers to gas-turbine and power-infrastructure work. Early Wednesday premarket trading held near $4.40. Broadwind recently sold its Abilene, Texas, facility for up to $19.5 million.
EchoStar Stock Rises as FCC Approval Reprices the SpaceX Bet — and the Escrow Risk
EchoStar shares rose over 4% premarket Wednesday after the FCC approved $40 billion in spectrum sales to AT&T and SpaceX. The deal includes a $2.4 billion escrow condition imposed by regulators. EchoStar’s first-quarter revenue dropped to $3.67 billion, with declines in pay-TV and broadband subscribers.
Eos Energy Stock Jumps as Cerberus Deal Reframes the Cash-Burn Question
Eos Energy shares surged over 23% premarket Wednesday after Q1 revenue jumped 445% to $57 million and the company unveiled Frontier Power USA, a Cerberus-backed venture with a 2 GWh capacity reservation. Eos reported adjusted EPS of $0.12, beating forecasts for a loss. Cerberus will commit $100 million in equity, with Eos targeting $150 million via a rights offering. The company used $119.7 million in operating cash in Q1.
Red Cat Stock Sinks as Discounted $225 Million Sale Tests Drone Boom Thesis
Red Cat priced 23.94 million new shares at $9.40, raising about $225 million and sending RCAT down 12% in premarket trading. The new shares represent nearly 20% dilution for existing holders. Q1 revenue surged 849% to $15.5 million, but the company posted a $26.6 million net loss and used $31.9 million in operating cash. Proceeds are for general corporate purposes, not a specific project.
Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again
Nvidia CEO Jensen Huang joined President Trump’s China delegation, fueling speculation about renewed U.S. chip sales to China and lifting Nasdaq 100 futures by 0.82% premarket. Micron shares jumped 6.2%. The market moved on potential policy shifts and inflation concerns. Polymarket and Kalshi data showed traders expect no Fed rate cuts in 2026, pressuring high-valuation AI stocks.
Tesla Stock Faces a China Test as FSD Hopes Meet Robotaxi Friction
Tesla shares fell 2.6% to $433.45 Tuesday, ending a four-day rally as investors weighed China regulatory risks, robotaxi rollout delays, and persistent U.S. inflation. Tesla announced a $250 million battery investment in Berlin, while Reuters tests showed limited robotaxi availability in Austin. Betting markets see little chance of near-term Fed rate cuts.
Oil Slips, but the Real Trade Is Still Hormuz Risk
Brent crude fell 0.2% to $107.58 a barrel and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting in Beijing. The IEA reported global oil supply fell by 1.8 million barrels a day in April, outpacing a demand drop. The Strait of Hormuz remains a chokepoint, with limited alternative routes. High prices and delayed Fed rate cuts continue to pressure demand.