Today: 13 May 2026

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

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

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.
13 May 2026
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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

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.
13 May 2026
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Inter Venezuela Taps Harmonic for 5G-Ready Fiber Backhaul as Network Demand Rises

Inter Venezuela Taps Harmonic for 5G-Ready Fiber Backhaul as Network Demand Rises

Inter Venezuela has launched a nationwide XGS-PON mobile backhaul service using Harmonic’s virtualized fiber equipment, aiming to support 5G network expansion. Movistar Venezuela reported 168 active 5G stations in 18 cities as of April. Harmonic recently raised its 2026 broadband revenue outlook to up to $495 million after strong first-quarter growth. Harmonic shares rose 3.2% to $13.37, valuing the company at $1.5 billion.
13 May 2026
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Anthropic Launches Claude for Small Business to Take On Payroll, Invoices and Marketing

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, PayPal, HubSpot, and Canva. The product offers 15 preset workflows and skills for tasks such as payroll, invoicing, and campaign management. U.S. small businesses number 36.2 million and employ 62.3 million people, according to the SBA. PayPal and Canva are among launch partners.
13 May 2026
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Navitas Stock Jumps After $122 Million Raise: Why The AI Power Chip Bet Matters Now

Navitas Stock Jumps After $122 Million Raise: Why The AI Power Chip Bet Matters Now

Navitas Semiconductor raised about $122 million in net proceeds from an at-the-market share sale, nearly completing a $125 million program launched two days earlier, according to a securities filing. The company sold over 6.5 million Class A shares as of May 12. Navitas shares rose 10.5% to $21.28, valuing the company at $4.9 billion. First-quarter revenue fell to $8.6 million from $14 million a year earlier.
13 May 2026
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POET Technologies Stock Is Back in Focus After COO Hire, Marvell Fallout and Class-Action Deadline

POET Technologies Stock Is Back in Focus After COO Hire, Marvell Fallout and Class-Action Deadline

POET Technologies appointed Sandeep Kumar chief operating officer on May 11 as it prepares its Malaysia plant for higher-volume production. The move comes after Marvell Semiconductor canceled all Celestial AI purchase orders and a U.S. securities lawsuit was filed against POET and two executives. POET shares rose 1.4% to $13.92 in early afternoon trading, with volume above 26 million shares.
13 May 2026
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Ondas Stock on Watch After SkyLance Test and Mistral Share Filing Before Q1 Earnings

Ondas Stock on Watch After SkyLance Test and Mistral Share Filing Before Q1 Earnings

Ondas Inc.’s Rotron Aerospace completed a firing demo of its SkyLance long-range one-way effector ahead of Ondas’s Q1 results release. Ondas shares fell 12 cents to $8.92 after the company filed for resale of 2.77 million shares tied to its $175 million Mistral acquisition. The Mistral deal boosted Ondas’s backlog to $457 million as of March 31. Rotron was acquired in March for $6.7 million cash and 3.33 million shares.
13 May 2026
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UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

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.
13 May 2026
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Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

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.
13 May 2026
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Ford Stock Just Jumped. Ford Energy Is Why Wall Street Is Looking Again

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.
13 May 2026
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Truckers Face May 14 Deadline As FMCSA’s Motus Registration System Replaces Legacy Tools

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.
13 May 2026
Cerebras IPO Frenzy Tests Wall Street’s $50 Billion AI Chip Bet

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.
13 May 2026
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AMD’s Quiet Marvell Stake Puts AI Chip Investors on Alert

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.
13 May 2026
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Stock Market Today: Dow Drops as Hot Inflation Data Puts Fed Rate Cuts on Ice

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.
13 May 2026
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Stock Market Today

  • Sensex and Nifty Inch Higher After Four Days of Losses Amid Volatile Trading
    May 13, 2026, 2:51 PM EDT. Domestic equity benchmarks Sensex and Nifty recovered marginally on Wednesday after a steep four-day decline, supported by value buying in blue-chip stocks including Tata Steel, Bharti Airtel and Larsen & Toubro. The BSE Sensex closed 49.74 points higher at 74,608.98, while the NSE Nifty 50 added 33.05 points to 23,412.60, crossing the crucial 23,400 level. Broader markets outperformed with MidCap and SmallCap indices up. However, the market remains cautious due to rising crude oil prices near $108 a barrel, rupee depreciation hitting a record low against the dollar, and global inflation pressures intensified by geopolitical tensions in the Middle East. Mixed earnings reports also affected stock moves, with MTAR Technologies rallying and Tata Power declining. Investors continue to monitor global developments including US inflation data and US-Iran tensions.

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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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