Today: 14 May 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.05.2026

LIVEMarkets rolling coverageStarted: May 12, 2026, 12:00 AM EDTUpdated: May 12, 2026, 11:59 PM EDT Texas Stock Exchange Leases Space at Uptown Dallas Bank of America Tower May 12, 2026, 11:53 PM EDT. The Texas Stock Exchange (TXSE) signed a lease at the Bank of America Tower at Parkside in Dallas, aiming to establish its Texas Market Center headquarters. The lease contains conditions allowing TXSE to exit without penalties if the city denies approval of an electronic ticker on the tower. Backed by major investors including BlackRock, Goldman Sachs and Citadel Securities, TXSE secured SEC approval last fall to challenge
12 May 2026
US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

The S&P 500 and Nasdaq closed at record highs Monday, lifted by a surge in semiconductor stocks. After-hours, BuzzFeed soared on news of Byron Allen’s $120 million stake and CEO appointment, while GoPro jumped after announcing a strategic review. Hims & Hers fell following a surprise quarterly loss. Investors await Tuesday’s inflation data amid shifting Fed rate cut expectations.
Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack shares closed down 8.0% at $64.50 Monday after UBS cut its price target to $79 from $104, extending losses from last week’s first-quarter miss. The company reported a net loss of $290,000 on revenue of $366.7 million, with adjusted EBITDA down 9.3%. Michelle Hook started as CFO Monday as the chain faces rising beef costs and higher expenses.
Keel Infrastructure Q1 Results: $533 Million AI Data-Center Pivot Hits Its First Major Test

Keel Infrastructure Q1 Results: $533 Million AI Data-Center Pivot Hits Its First Major Test

Keel Infrastructure Corp reported a first-quarter loss of $128 million as revenue from legacy operations dropped 23% to $37 million. The company, formerly Bitfarms, said it has $533 million in liquidity to support leasing at three North American AI data-center sites this year. Keel has secured 350 megawatts at Panther Creek and 110 megawatts at Sharon in Pennsylvania.
12 May 2026
D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum will report first-quarter results before markets open Tuesday, with consensus revenue estimates around $4.14 million, sharply below last year’s $15 million. Shares rose 6.5% to $24.03 Monday and traded higher after hours. The company disclosed $32.8 million in bookings as of Feb. 25, including a $20 million sale to Florida Atlantic University. Analyst John McPeake maintained a Buy rating and $43 target ahead of the report.
Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s family office will invest $120 million for a 52% stake in BuzzFeed, making him chairman and CEO and moving founder Jonah Peretti to a new AI-focused role. Allen Family Digital will pay $20 million in cash and issue a $100 million promissory note. BuzzFeed shares surged 156% after the deal, which values the stock at $3 per share, a 265.9% premium to Friday’s close. BuzzFeed’s Q1 revenue fell 12.4% to $31.6 million.
12 May 2026
Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International reported first-quarter net income of $7.3 million, down 62% from a year earlier, with revenue falling 5% to $128.6 million. Shares plunged 17.5% to $62.45 at the Nasdaq close and dropped further in after-hours trading. The company did not issue full-year guidance. Gross margin fell to 22.9% from 29.7% a year earlier.
Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Health shares dropped about 10% after the company missed first-quarter revenue estimates and reported a $92.1 million net loss, reversing a profit from a year earlier. Revenue rose 4% to $608.1 million, but gross margin fell to 65% and operating expenses increased. Subscriber count grew 9%, though monthly revenue per user declined. The company raised its 2026 sales forecast but cut its profit outlook.
e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty shares dropped 9.3% to $55.19 Monday, hitting a new 52-week low ahead of fiscal Q4 results due May 20. The decline followed a Morgan Stanley downgrade citing U.S. market-share losses, despite e.l.f.’s claims of recent gains. Coty and Estée Lauder also fell, signaling broader pressure on beauty stocks. e.l.f. cited higher tariffs and costs, with margins slipping and debt rising after acquiring Rhode.
Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox reported first-quarter revenue of $214.4 million, up 44% from a year earlier, and booked $2.5 billion in new work, pushing backlog to $2.7 billion. Shares jumped about 30% to $18.91 despite a wider net loss of $79.6 million, mainly due to non-cash stock costs. The company cited strong demand from AI data centers and signed a $2.4 billion deal to build four power plants for Base Electron.
Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify shares fell 7.13% to $102.54 Monday after last week’s earnings and the release of annual-meeting materials highlighting an AI governance vote set for June 16. A shareholder proposal asks Shopify to adopt a responsible-use AI policy, which the board opposes. First-quarter revenue rose 34% to $3.17 billion, but investors remain focused on rising expenses and AI strategy.
GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology shares jumped 38.7% Monday to $11.72, with trading and call-option volume far above average. The company reported fiscal 2026 revenue of $25.1 million, up 22%, but posted a $13.2 million net loss. CEO Lee-Lean Shu filed to sell 143,062 shares after the close under a preset plan. GSI recently won a $2 million U.S. Army contract for its Gemini-II AI platform.
Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings shares fell 4.9% to $157.80 Monday, extending losses as travel stocks dropped on concerns over Middle East disruptions. The company cut its full-year revenue growth target to high single digits and forecast slower second-quarter growth. Gross bookings rose 15% to $53.8 billion in Q1, but executives warned of broader impacts if disruptions persist. Expedia and Airbnb also declined.
11 May 2026
Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning shares surged 10.84% to $207.21 Monday after BofA added the company to its “U.S. 1 List,” following last week’s Nvidia partnership. Corning and Nvidia plan to expand U.S. optical connectivity manufacturing, with Nvidia investing over $500 million and additional factory funding. Corning expects to reach a $20 billion annualized sales run rate by end of 2026. First-quarter core sales rose 18% to $4.35 billion.
Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical shares dropped 6.6% Monday to $417.80, hitting a 12-month low after the FDA classified a recall of its SureForm stapler reloads as the most serious type, citing four injuries and one death. The company reported first-quarter revenue up 23% to $2.77 billion, but warned tariffs and safety issues could affect 2026 results. Johnson & Johnson advanced its rival OTTAVA robot in a key gastric-bypass study.
11 May 2026
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Stock Market Today

  • Why Tourmaline Oil (TSX:TOU) Remains a Strong Buy Despite Oil Price Volatility
    May 13, 2026, 10:30 PM EDT. Tourmaline Oil (TSX:TOU), a Calgary-based energy producer, stands out for its resilience amid fluctuating oil prices. Specializing mainly in natural gas with significant operations in Alberta and British Columbia, it offers investors exposure beyond crude oil, including liquids and LNG-linked demand. The company's Q1 2026 results showed robust cash flow of C$862.2 million and net earnings of C$657.6 million, supported by strategic acquisitions and ongoing expansions. Tourmaline's manageable net debt of C$1.5 billion and a 3% dividend yield reflect financial stability. Despite potential pressure from weak Western Canadian gas prices, the firm projects strong free cash flow around C$900 million for 2026 and 2027. This positions Tourmaline as a resilient energy stock for those seeking steady returns even if oil prices retreat.

Latest articles

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

Enovix Stock Drops After Q1 Beat as Smartphone Battery Tests Stay Unfinished

14 May 2026
Enovix shares dropped 12.9% to $6.35 after hours Wednesday despite beating first-quarter revenue and adjusted-loss estimates. The decline followed news that smartphone battery qualification remains unfinished, with the company passing 72 of 75 customer tests. Revenue rose 49% to $7.6 million. Enovix cited progress in defense, industrial, and smart-eyewear sales.
Lightwave Logic Stock Jumps as AI-Photonics Bet Heads for a 2027 Production Test

Lightwave Logic Stock Jumps as AI-Photonics Bet Heads for a 2027 Production Test

14 May 2026
Lightwave Logic reported Q1 revenue up 27% to $29,000 and a net loss widening to $6.3 million. Shares rose 14% after the company said it is negotiating a supply and licensing deal for high-volume production in 2027. Four Fortune 500 customers are now in Stage 3 prototyping. Cash and equivalents totaled about $100 million as of May 11.
USA Rare Earth Stock Watch: Q1 Revenue, $1.75 Billion Cash and the China Supply Crunch

USA Rare Earth Stock Watch: Q1 Revenue, $1.75 Billion Cash and the China Supply Crunch

14 May 2026
USA Rare Earth reported Q1 revenue of $5.7 million and a net loss of $67 million, ending March with $1.75 billion in cash after a $1.5 billion PIPE. The company expects to sign documents this month for $1.6 billion in U.S. Commerce Department funding. Texas awarded a $14.18 million grant for the Round Top project. USA Rare Earth agreed in April to acquire Brazil’s Serra Verde for $2.8 billion.
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