Today: 13 May 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

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.
13 May 2026
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VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet

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.
13 May 2026
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Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

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.
13 May 2026
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Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms

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.
13 May 2026
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Sivers Semiconductors AB Stock Jumps as MSCI Add Meets Nasdaq Listing Push

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.
13 May 2026
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British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now

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.
13 May 2026
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Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test

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.
13 May 2026
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CLARITY Act Vote Faces Trump Ethics Fight as Labor, Banks Push Back

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.
13 May 2026
Copper Price Nears Record High As Supply Crunch And AI Demand Drive $14,000 Rally

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.
13 May 2026
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Broadwind Stock Doubles as Wind Exit Turns Into a Power-Generation Repricing

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.
13 May 2026
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Eos Energy Stock Jumps as Cerberus Deal Reframes the Cash-Burn Question

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.
13 May 2026
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Red Cat Stock Sinks as Discounted $225 Million Sale Tests Drone Boom Thesis

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.
13 May 2026
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Stock Market Today

  • Analog Devices (ADI) Stock Valuation Assessment Amid Strong Price Gains
    May 13, 2026, 2:53 PM EDT. Analog Devices (ADI) stock has surged nearly 20% in the past 30 days and delivered an 87.95% total shareholder return over one year, drawing investor attention. The stock trades at $419.65, about 6.8% above its modeled fair value of $392.94, indicating potential overvaluation. Drivers include growth from robotics and automation expanding ADI's addressable market and boosting revenue. However, risks remain from increased competition in China and rising manufacturing and R&D costs that could pressure margins. Investors should weigh ADI's growth potential against these challenges when considering inclusion in portfolios.

Latest articles

Palantir Stock Slides as Zelenskiy Meeting Puts War-AI Bet in Focus

Palantir Stock Slides as Zelenskiy Meeting Puts War-AI Bet in Focus

13 May 2026
Palantir shares fell 4.4% to $129.97 Wednesday as CEO Alex Karp met President Volodymyr Zelenskiy in Kyiv to discuss expanding AI use in Ukraine’s war effort. Kyiv’s Brave1 Dataroom project, launched with Palantir, is training AI models to intercept Russian drones. Russia fired at least 800 drones at Ukraine on Wednesday, killing six. Palantir’s U.S. government and commercial revenue surged in the first quarter.
Why Grab Holdings Stock Is Back Under Pressure After a Big Q1 Beat

Why Grab Holdings Stock Is Back Under Pressure After a Big Q1 Beat

13 May 2026
Grab shares fell 1.1% to $3.60 in New York after first-quarter revenue beat estimates, rising 24% to $955 million. Profit jumped to $120 million from $10 million a year earlier. Investors weighed strong results against Indonesia’s new 8% ride-hailing commission cap. Grab kept its 2026 revenue and adjusted EBITDA outlook unchanged.
SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

13 May 2026
SoFi acquired PrimaryBid’s technology to expand IPO access for retail investors, confirmed by both companies. SoFi shares fell 2.9% to $15.44 after Truist cut its price target, citing concerns over loan and technology platforms. The acquisition follows a drop in technology-platform accounts and comes as SoFi reported strong first-quarter revenue and member growth. Terms of the deal were not disclosed.

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Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet

Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet

13 May 2026
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.
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