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,
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
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.
Micron Stock Today: AI Memory Bounce Meets China Trade Hope and a Crowded Chart
Micron Technology traded up 5.93% premarket to $812.06 after closing Tuesday down 3.61%. The rebound follows dip-buying in semiconductors, BofA’s price target hike to $950, and CEO Mehrotra’s inclusion in Trump’s China delegation. Micron reported Q2 revenue of $23.86 billion, nearly triple last year, and guided Q3 revenue to $33.5 billion with 81% gross margin.
IREN Stock’s Nvidia Boost Now Faces a $2.6 Billion Reality Check
IREN raised $2.6 billion in an upsized convertible-note sale after announcing a Nvidia-backed AI infrastructure plan. Nvidia secured a five-year option to buy up to 30 million IREN shares at $70 each. The companies aim to deploy up to 5 gigawatts of AI data-center capacity, focusing on IREN’s Texas sites. IREN shares rose 2.6% premarket; Nvidia gained 0.6%.
US Stock Market Today: Nasdaq Futures Bounce, but Hot CPI Keeps the Fed Risk Alive
Nasdaq 100 futures rose 0.82% premarket as traders bought back into chip stocks ahead of Trump’s China visit, while Dow futures fell 0.3%. April CPI climbed 0.6% month over month, with energy accounting for over 40% of the increase. Oil hovered near $106 a barrel, fueling inflation concerns and reducing expectations for Fed rate cuts. Markets now see a higher chance of a December rate hike.
Intuitive Machines Stock Jumps Before Earnings as Space Force Win Reframes the LUNR Debate
Intuitive Machines shares jumped 8.35% to $34.77 in premarket trading after the company announced selection for the U.S. Space Force’s Andromeda contract, which has a raised ceiling of over $6.2 billion. The move pushed LUNR above its 52-week high ahead of Thursday’s earnings. The Andromeda contract allows Intuitive Machines to compete for future task orders in space domain awareness.
NKT Shares Hit a Fresh High as Record Cable Orders Reframe the 2026 Story
NKT shares jumped 6.45% to DKK 1,048 in Copenhagen after Q1 operational EBITDA hit €97 million, beating expectations by 15%, and the margin reached 16.0%. The company reported a record €4.2 billion in new orders, lifting its Transmission backlog to €13.5 billion. Revenue at standard metal prices fell 3% to €610 million, with organic growth down 4%. Guidance was unchanged.
Alibaba’s Earnings Test Is Whether AI Can Pay for the Delivery Fight
Alibaba’s U.S. ADRs rose 1.02% to $136.15 in early premarket trading Wednesday, after closing down 1.84% at $134.78 ahead of fiscal fourth-quarter results due before the U.S. open. Revenue is expected to rise to 282.44 billion yuan, but net profit is projected to fall to 11.71 billion yuan. Investors remain cautious as AI and cloud spending weigh on margins.
JD.com Rises as Retail Margin Beat Offsets Food-Delivery Cost Fears
JD.com’s Hong Kong shares closed up 8.3% after first-quarter revenue and adjusted profit beat expectations. U.S.-listed ADRs rose 3.2% premarket. Operating margin improved to 5.6% as food-delivery losses narrowed, though net income fell 53% to RMB5.1 billion due to higher costs. Management signaled hopes for stronger electronics sales later in the year.
U.S. Stock Futures Rebound as AI Bid Fights Hot CPI and Oil Shock
Nasdaq 100 futures jumped 255.75 points to 29,425.75 early Wednesday, outpacing S&P 500 and Dow contracts after April CPI rose 3.8% year-over-year and energy prices surged 17.9%. The rebound follows a sharp selloff on hot inflation data, with investors favoring AI-linked stocks while broader market sentiment remains cautious.
Digi Power X Stock Jumps as Investors Price the AI Data-Center Pivot Before Q1 Update
Digi Power X Inc. shares traded near $9 in early premarket Wednesday after closing at $8.39, up nearly 13%. The move follows a 10-year, $1.1 billion AI data-center deal with Cerebras Systems and anticipation of Friday’s Q1 results. Volume surged to 21 million shares Tuesday. Investors are watching for proof that new AI contracts will generate real revenue.
Nebius Stock’s Pre-Market Bounce Puts the AI Factory Trade Back on Trial
Nebius Group shares rose 3.53% to $185.42 in early extended trading after a 3.76% drop Tuesday, ahead of its Q1 earnings release. The company broke ground on a gigawatt-scale AI factory in Missouri and announced a technology deal with Clarifai’s founder and team. NBIS is up 32.79% in the past month and 454.18% over the past year. Investors are weighing rapid expansion against ongoing losses and heavy capital spending.
Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins
Wolfspeed shares closed Tuesday at $53.72, up 6.8%, then showed a premarket quote of $77.00, a 43% jump, as traders focused on debt reduction and high short interest. Fiscal Q3 revenue fell 19% to $150.2 million, gross margin remained negative, but net loss narrowed and interest expense dropped 39%. Short interest stood at 16.1 million shares, about a third of the float.
India Stock Market Today: Nifty, Sensex Rebound as Oil Relief Meets Rupee Risk
Nifty 50 rose 0.67% to 23,535.05 and Sensex gained 0.48% near 74,913 by early afternoon Wednesday, rebounding after a four-day, 4% slide. Gains followed softer crude prices, a steadier rupee, and India’s move to raise gold and silver import duties to 15%. Precious metals surged while jewellers fell. Banks, IT, and auto stocks remained weak.
Ouster Stock Jumps as NVIDIA Tie-Up Tests the Line Between Real Demand and Rich Valuation
Ouster shares rose 6.1% to $28.75 in early premarket trading after its Rev8 lidar sensors qualified for NVIDIA’s DRIVE Hyperion autonomous-vehicle platform. The company reported first-quarter revenue of $49 million and a net loss of $17.5 million. Investors cited the NVIDIA qualification as a potential new channel, though no purchase order was announced.