Today: 8 May 2026
HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot’s first-quarter revenue rose 23% to $881 million, beating estimates, but shares fell 11.9% after the company warned of a slow start to the second quarter and longer sales cycles tied to new AI-based pricing. Net income reached $32.6 million, reversing a year-ago loss. Customer count climbed 16% to 299,458. HubSpot forecast second-quarter revenue of up to $898 million.
Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack shares plunged as much as 30.4% after the company reported a first-quarter net loss and missed revenue estimates, with margins pressured by rising beef and operating costs. Revenue rose 14.3% to $366.7 million, below forecasts, while operating loss reached $2.6 million. The company named Michelle Hook as its new CFO, effective May 11. Shares last traded at $69.24, down $27.27 from the prior close.
Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Kunlunxin, Baidu’s AI chip unit, has started the process for a Shanghai STAR Market IPO while maintaining plans for a Hong Kong listing. Baidu’s Hong Kong shares rose 5.75% after the news. The move comes as Chinese investors seek domestic AI chipmakers amid U.S. export curbs. Kunlunxin signed a pre-IPO tutoring agreement with China International Capital Corp on April 29.
Australia Stock Market Today: ASX 200 Tumbles as Oil Shock Erases Nearly $50 Billion

Australia Stock Market Today: ASX 200 Tumbles as Oil Shock Erases Nearly $50 Billion

The S&P/ASX 200 fell 1.51% to 8,744.40, its sharpest drop in seven weeks, as renewed U.S.-Iran fighting sent oil above $100 a barrel and erased nearly A$50 billion from the market. Banks, miners, and energy stocks declined, with Westpac leading losses after trading ex-dividend. Macquarie reversed early gains despite a profit beat. Tabcorp plunged 14.2% after AUSTRAC launched an enforcement probe.
India Stock Market Today: Sensex Drops 665 Points, Nifty Falls Below 24,150 As Oil Shock Hits Dalal Street

India Stock Market Today: Sensex Drops 665 Points, Nifty Falls Below 24,150 As Oil Shock Hits Dalal Street

The BSE Sensex dropped 665.35 points to 77,179.17 and the Nifty 50 fell 186.45 points to 24,140.20 by 2 p.m. IST Friday, as Brent crude topped $100 a barrel and the rupee slipped 0.3% to 94.5325 per dollar. Foreign investors sold 340.89 crore rupees in equities Thursday, while domestic funds bought 441 crore rupees. Britannia shares fell up to 5% after announcing price hikes due to higher freight costs.
UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

The FTSE 100 fell 0.75% to 10,200.29 in Friday morning trade, extending losses as renewed U.S.-Iran clashes pushed Brent oil above $100 a barrel. Labour’s local election setbacks weighed on sterling and gilts, adding political risk to the market downturn. Airlines including IAG warned of lower profits due to rising fuel costs. European shares tracked lower, with the STOXX 600 down 0.8%.
Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology shares rose 1.7% in early premarket trading Friday after a 7.05% drop Thursday, closing at $160.01. The company, which reported fiscal 2026 revenue of $8.195 billion with 74% from data centers, is set to release first-quarter results on May 27. Nvidia invested $2 billion in Marvell in March. Marvell recently acquired Polariton Technologies to boost its data-center chip capabilities.
CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike shares rose 8% Thursday as investors returned to cybersecurity stocks linked to AI demand, despite a weaker S&P 500. CEO George Kurtz sold 5,000 shares under a pre-set plan but retains over 2.2 million shares. The company will report fiscal Q1 2027 results on June 3. CrowdStrike also promoted Amanda Adams to senior vice president of global alliances.
Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog reported first-quarter revenue above $1 billion for the first time, up 32% to $1.006 billion, and raised its 2026 sales forecast to as much as $4.34 billion. Shares jumped $45.02 to $188.73. The company said it had 4,550 large customers at the end of March, up 21% from a year earlier. Datadog also launched GPU Monitoring and secured FedRAMP High certification for its government product.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 08.05.2026

8 May 2026
LIVEMarkets rolling coverageStarted: May 8, 2026, 12:00 AM EDTUpdated: May 8, 2026, 7:32 AM EDT Stock Market Update: Dow, S&P 500, Nasdaq Slip as Oil Prices Rise and AI Trade Pauses May 8, 2026, 7:32 AM EDT. Stock markets dipped as oil prices climbed, causing the Dow, S&P 500, and Nasdaq to slip. Apple (AAPL) reached a fresh intraday record high, marking its highest since December, following Wednesday's record close. The Roundhill Magnificent Seven ETF (MAGS) also hit an all-time intraday high for the first time since October. Key indexes showing new intraday highs included the Nasdaq Composite, S&P MidCap
US Stock Market After-Hours Update: Futures Slip as Oil Jumps on Fresh Iran Fighting

US Stock Market After-Hours Update: Futures Slip as Oil Jumps on Fresh Iran Fighting

U.S. stock futures fell Thursday after the U.S. and Iran exchanged fire, pushing oil prices above $96 a barrel and raising concerns over inflation. The S&P 500 closed down 0.38%, with chip stocks leading declines; Arm, Intel, and AMD each dropped, while Nvidia and Microsoft gained nearly 2%. Nvidia announced a $2.1 billion investment in IREN and a multi-billion-dollar prepayment to Corning. Coinbase shares slid 5% after a surprise loss.
Innodata Stock Jumps After Q1 Earnings Beat: Why the AI Data Trade Is Back in Focus

Innodata Stock Jumps After Q1 Earnings Beat: Why the AI Data Trade Is Back in Focus

Innodata reported first-quarter revenue up 54% to $90.1 million and net income of $14.9 million, both above expectations. The company raised its 2026 revenue growth forecast to at least 40% after securing a $51 million contract with a major tech customer. INOD shares surged 29% in after-hours trading. CEO Jack Abuhoff said the new customer could become Innodata’s second-largest this year.
Agilon Health Stock More Than Doubles After Q1 Beat. The Turnaround Test Starts Now

Agilon Health Stock More Than Doubles After Q1 Beat. The Turnaround Test Starts Now

agilon health shares jumped 118% to $60.66 Thursday after the company reported first-quarter net income of $49 million, up from $12 million a year earlier, despite a 7% drop in revenue to $1.42 billion. The company raised its 2026 outlook and named Tim O’Rourke as CEO, succeeding Ronald A. Williams. Membership fell 11% to 536,000. Multiple analysts upgraded the stock following the results.
Centrica Shares Sink as British Gas Owner’s Retail Warning Overshadows £370 Million Severn Deal

Centrica Shares Sink as British Gas Owner’s Retail Warning Overshadows £370 Million Severn Deal

Centrica shares dropped 5.16% after warning retail energy earnings will hit the low end of 2026 forecasts, despite announcing a £370 million deal to buy the Severn gas power plant. The company expects retail EBITDA near £500 million, while infrastructure EBITDA should exceed £650 million. Severn is set to add up to £60 million in annual EBITDA from 2027. Shareholders approved all AGM resolutions, including a final dividend.
Paramount-Warner Bros Deal Faces New California Antitrust Test as Lawmakers Push Bonta

Paramount-Warner Bros Deal Faces New California Antitrust Test as Lawmakers Push Bonta

Thirty-four California Democrats in Congress urged state Attorney General Rob Bonta to scrutinize Paramount Skydance’s planned $111 billion takeover of Warner Bros. Discovery for antitrust harm. The lawmakers cited recent job losses in Los Angeles and warned of further consolidation. Bonta has not announced legal action. Warner Bros. Discovery shareholders approved the merger in April.
SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales

SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales

SiTime shares jumped 27.9% to $797.31 after first-quarter revenue rose 88% to $113.6 million, driven by AI data-center demand. The company raised its 2026 revenue growth outlook to at least 80% and forecast June-quarter revenue of $140–$150 million. Its CED unit posted $75.7 million in revenue, up 158% from a year earlier. SiTime still reported a GAAP net loss of $5.2 million for the quarter.
Palo Alto Networks Zero-Day Alert Puts PAN-OS Firewall Customers on Patch Watch

Palo Alto Networks Zero-Day Alert Puts PAN-OS Firewall Customers on Patch Watch

8 May 2026
Palo Alto Networks confirmed active exploitation of a critical PAN-OS firewall flaw, CVE-2026-0300, allowing remote code execution with root access. Fixes will begin rolling out May 13, leaving customers to rely on mitigations. The U.S. CISA added the bug to its Known Exploited Vulnerabilities list. Researchers said exploitation remains limited and likely state-sponsored.
Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it shifts to an AI-first model. Shares dropped more than 13% after its second-quarter revenue forecast missed Wall Street estimates. The company expects up to $150 million in charges from the restructuring, mostly in the second quarter. First-quarter revenue rose 34% to $639.8 million, with net loss narrowing to $22.9 million.
Trade Desk Stock Gets Hit Again as Weak Outlook Wipes Out Q1 Sales Beat

Trade Desk Stock Gets Hit Again as Weak Outlook Wipes Out Q1 Sales Beat

The Trade Desk shares dropped 16% in after-hours trading after the company forecast second-quarter revenue below analyst expectations, despite beating first-quarter sales estimates. Revenue rose 12% to $688.9 million, but adjusted earnings per share missed forecasts at 28 cents. The stock traded near $19.66, down from a $23.49 close. The company’s outlook implies slower growth and follows recent analyst target cuts.
Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics shares dropped over 10% in post-market trading Thursday after first-quarter revenue and second-quarter guidance missed analyst estimates. Quarterly revenue rose 51% to $151.1 million, but the company posted a GAAP net loss of $14.3 million. Data-center revenue more than doubled to $81.4 million. The company completed its first volume shipment of 800G products to a hyperscale customer.
Dow Jones Today After The Bell: Dow Drops 313 Points Below 50,000 as Oil Whipsaws Wall Street

Dow Jones Today After The Bell: Dow Drops 313 Points Below 50,000 as Oil Whipsaws Wall Street

The Dow Jones Industrial Average fell 313.62 points to 49,596.97, closing below 50,000 after declines in oil and chip stocks. Brent crude settled at $100.06 a barrel, down 1.2%. Arm Holdings dropped sharply on supply concerns, while Nvidia and Microsoft rose nearly 2%. Initial jobless claims rose to 200,000, and the Cleveland Fed signaled rates will remain on hold.
S&P 500 Today: Why Wall Street’s Record Run Stalled After the Bell

S&P 500 Today: Why Wall Street’s Record Run Stalled After the Bell

The S&P 500 fell 0.38% to 7,337.11 on Thursday as chip stocks slid, with Intel and AMD each dropping about 3%. The PHLX Semiconductor Index lost 2.7%, while Arm’s U.S. shares declined after a warning on smartphone demand and supply limits. Jobless claims rose by 10,000 to 200,000, and Cleveland Fed President Beth Hammack signaled rates will likely stay on hold. The U.S. Trade Court ruled against Trump’s 10% global tariffs after the market close.
US Stock Market After the Bell: S&P 500 Slips From Record as Chip Rally Cracks, Oil Keeps Wall Street on Edge

US Stock Market After the Bell: S&P 500 Slips From Record as Chip Rally Cracks, Oil Keeps Wall Street on Edge

U.S. stocks fell Thursday as the S&P 500 lost 0.38% and chip stocks retreated, with Intel and AMD each down about 3%. The PHLX chip index dropped 2.7%. Oil prices slid, with Brent settling at $100.06 a barrel. Whirlpool shares hit a 14-year low after slashing its profit forecast and suspending its dividend.
MercadoLibre Stock Falls: The 49% Revenue Jump Wasn’t Enough

MercadoLibre Stock Falls: The 49% Revenue Jump Wasn’t Enough

MercadoLibre’s first-quarter net profit dropped 15.6% to $417 million, missing analyst forecasts, as spending on logistics, credit, and free shipping increased. Revenue jumped 49% to $8.8 billion, beating expectations. Shares fell about 4% in post-market trading. Gross merchandise value rose 42% to $19 billion, with rapid growth in Brazil and Mercado Pago users.
Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now

Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now

Opendoor’s first-quarter revenue reached $720 million, beating analyst estimates but dropping 38% from a year ago. The company’s net loss widened to $173 million, or 18 cents per share. CEO Kaz Nejatian cited faster home resales and improved inventory, but high mortgage rates continue to weigh on sales. Opendoor expects second-quarter revenue to grow about 25% from the first quarter.
Airbnb Q1 Earnings: 2026 Revenue Outlook Raised as Bookings Jump, But Middle East War Hits Travel

Airbnb Q1 Earnings: 2026 Revenue Outlook Raised as Bookings Jump, But Middle East War Hits Travel

Airbnb raised its 2026 revenue forecast after first-quarter bookings jumped, with revenue up 18% to $2.68 billion and gross booking value rising 19% to $29.2 billion. Net income was $160 million, or 26 cents a share, missing analyst profit estimates but beating on sales. The company cited strong demand in the Americas and higher prices, offsetting cancellations in Europe, the Middle East, and Asia Pacific.
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