Today: 2 May 2026

Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront began trading on the Nasdaq after pricing its IPO at $14 per share, raising about $485 million by selling 34.6 million shares. The deal values the company at roughly $2 billion, or $2.6 billion on a fully diluted basis. CEO David Fortunato and co-founders rang the opening bell in Times Square. Wealthfront sold 21.5 million primary shares, with the rest sold by existing shareholders.
12 December 2025
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Top Stock Gainers Today (Dec. 12, 2025, 12:30 p.m. ET): cbdMD, Canopy Growth, Tilray Lead a Cannabis-Fueled Rally

Top Stock Gainers Today (Dec. 12, 2025, 12:30 p.m. ET): cbdMD, Canopy Growth, Tilray Lead a Cannabis-Fueled Rally

cbdMD (YCBD) surged 126.6% to $1.43 by 12:30 p.m. ET, leading US stock gainers amid reports President Trump may ease federal marijuana restrictions. Major indexes fell, with the S&P 500 down 1.05% and Nasdaq 100 off 1.8%. Small-cap and cannabis stocks outperformed on policy speculation and company news.
12 December 2025
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AI Stocks Today (Dec. 12, 2025): Broadcom and Oracle Spark Fresh AI Bubble Fears as Nvidia, AMD and Big Tech Slide at Midday

AI Stocks Today (Dec. 12, 2025): Broadcom and Oracle Spark Fresh AI Bubble Fears as Nvidia, AMD and Big Tech Slide at Midday

Broadcom shares fell about 10% by midday Friday after warning on margins tied to AI sales, triggering a sharp selloff in AI and semiconductor stocks. Nvidia dropped 2.2%, AMD 4%, and Oracle 5%. The Nasdaq-100 slid 1.7% and semiconductor ETFs lost over 3.5%. Investors shifted into sectors seen as less exposed to AI valuation risk.
12 December 2025
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Wheaton Precious Metals WPM Stock Surges to Fresh Highs on the Silver Rally: Latest News, Forecasts, and What to Watch on December 12, 2025

Wheaton Precious Metals WPM Stock Surges to Fresh Highs on the Silver Rally: Latest News, Forecasts, and What to Watch on December 12, 2025

Wheaton Precious Metals traded near $117 on December 12, 2025, after hitting an intraday high of $120.47, boosted by surging silver prices. Silver reached new records in December, with Reuters citing a high of $64.31 following a Federal Reserve rate cut. Wheaton reported record Q3 revenue of $476 million and net earnings of $367 million.
12 December 2025
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ServiceNow (NOW) Stock News: 5-for-1 Split Approaches as AI Expansion and Analyst Forecasts Keep Shares in Focus (Dec. 12, 2025)

ServiceNow (NOW) Stock News: 5-for-1 Split Approaches as AI Expansion and Analyst Forecasts Keep Shares in Focus (Dec. 12, 2025)

ServiceNow shares traded near $860 on Dec. 12, 2025, ahead of a 5-for-1 stock split set for December 18. The Options Clearing Corporation confirmed contract adjustments will take effect on the same date. The stock remains below its 52-week high of $1,198.09. Investors are watching AI product launches and recent M&A activity.
12 December 2025
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Lumentum (LITE) Stock Slides on AI-Tech Selloff as Analysts Lift Price Targets to $380 — What Today’s News and Forecasts Say (Dec. 12, 2025)

Lumentum (LITE) Stock Slides on AI-Tech Selloff as Analysts Lift Price Targets to $380 — What Today’s News and Forecasts Say (Dec. 12, 2025)

Lumentum Holdings shares fell about 10% to $332 during Friday’s U.S. session, with heavy volume and wide intraday swings. The drop followed a broader selloff in AI-linked tech stocks as investors shifted away from high-valuation names. Lumentum, a key supplier of optical components for AI infrastructure, has seen over 60% of its revenue tied to AI and cloud demand, according to recent company estimates.
12 December 2025
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Gold Holds Near a Seven-Week High as Dollar Weakens; Silver Hits Fresh Record Above $64 After Split Fed Rate Cut

Gold Holds Near a Seven-Week High as Dollar Weakens; Silver Hits Fresh Record Above $64 After Split Fed Rate Cut

Silver hit a record $64.64 an ounce on Friday before retreating, while gold traded above $4,300 per ounce, near a seven-week high, as the U.S. dollar weakened after the Federal Reserve’s divided rate cut. The Fed lowered its benchmark rate to 3.50%–3.75% amid internal disagreement, fueling bets on further easing. Platinum reached a 14-year peak; palladium also gained.
12 December 2025
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Geron Stock (NASDAQ: GERN) News Today: Restructuring, Analyst Ratings, and 2026 Catalysts (Dec. 12, 2025)

Geron Stock (NASDAQ: GERN) News Today: Restructuring, Analyst Ratings, and 2026 Catalysts (Dec. 12, 2025)

Geron Corporation shares fell 5% to $1.32 on Dec. 12 after the company announced plans to cut about one-third of its 260-person workforce. The restructuring aims to lower 2026 expenses and focus resources on RYTELO’s commercial growth. Analysts maintained a neutral stance as RYTELO’s Q3 revenue slipped 3% quarter-over-quarter to $47.2 million.
12 December 2025
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Warner Bros. Discovery Stock (WBD) Today: Netflix Deal vs. Paramount’s $30 Tender Offer, Latest News, Analyst Forecasts and What Comes Next (Dec. 12, 2025)

Warner Bros. Discovery Stock (WBD) Today: Netflix Deal vs. Paramount’s $30 Tender Offer, Latest News, Analyst Forecasts and What Comes Next (Dec. 12, 2025)

Paramount Skydance launched a $30-per-share all-cash tender offer for all of Warner Bros. Discovery on Dec. 8, 2025, challenging Netflix’s $27.75-per-share bid for WBD’s studios and HBO Max. WBD shares are trading in the high-$20s as investors weigh the rival bids, regulatory risks, and the fate of the company’s cable networks.
12 December 2025
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Freeport-McMoRan Stock (FCX) News Today, Forecasts, and Analyst Outlook (Dec. 12, 2025)

Freeport-McMoRan Stock (FCX) News Today, Forecasts, and Analyst Outlook (Dec. 12, 2025)

Freeport-McMoRan shares traded near $47.25 midday Friday, down 1.8%, as copper prices hit record highs and new class-action lawsuit notices surfaced. The stock moved between $46.82 and $48.93, with volume in the high single-digit millions. Copper reached $11,771/ton this week, with 2026 forecasts split between deficit and surplus. Investors are watching Grasberg’s recovery and U.S. policy shifts.
12 December 2025
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Royal Caribbean Cruises Ltd. (RCL) Stock Today: Buyback, Dividend, and Fed Rate Cuts Drive Momentum — Latest News, Forecasts, and Analyst Targets (Dec. 12, 2025)

Royal Caribbean Cruises Ltd. (RCL) Stock Today: Buyback, Dividend, and Fed Rate Cuts Drive Momentum — Latest News, Forecasts, and Analyst Targets (Dec. 12, 2025)

Royal Caribbean stock surged 7.4% Thursday to close at $279.70 after announcing a $2 billion share buyback and a $1.00 quarterly dividend. Shares traded near $278.74 Friday, slightly lower, with an intraday range of $276.92 to $282.57. The move follows the Federal Reserve’s rate cut, which boosted travel stocks. RCL is up about 20% year-to-date.
12 December 2025
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Broadcom Stock Slides After Q4 Earnings: AI Chip Revenue Set to Double, but Margin Pressure Rattles Investors

Broadcom Stock Slides After Q4 Earnings: AI Chip Revenue Set to Double, but Margin Pressure Rattles Investors

Broadcom reported record quarterly revenue of $18.02 billion and raised its outlook, but shares fell over 8% Friday. Investors focused on management’s warning that rising AI hardware sales will pressure gross margins, with CFO Kirsten Spears projecting a sequential decline of about 100 basis points. Fiscal year revenue hit $63.89 billion, up 24%. Free cash flow for the quarter was $7.47 billion.
12 December 2025
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Oriental Culture Holding (NASDAQ: OCG) Stock Rebounds After 89% Crash as Company Files $200M ATM Offering — Latest News, Forecasts, and Analysis (Dec. 12, 2025)

Oriental Culture Holding (NASDAQ: OCG) Stock Rebounds After 89% Crash as Company Files $200M ATM Offering — Latest News, Forecasts, and Analysis (Dec. 12, 2025)

Oriental Culture Holding (NASDAQ: OCG) shares swung from $0.65 to $1.98 on Dec. 12, 2025, after plunging 89% the previous session. The volatility followed a Dec. 11 SEC filing for a $200 million at-the-market share offering with AGP/Alliance Global Partners. Trading volume reached 59.6 million shares. The new authorization matches the company’s recent market value.
12 December 2025
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Booking Holdings (BKNG) Stock News on Dec. 12, 2025: Price Action, Dividend, Buybacks, Analyst Targets, and 2026 Travel Outlook

Booking Holdings (BKNG) Stock News on Dec. 12, 2025: Price Action, Dividend, Buybacks, Analyst Targets, and 2026 Travel Outlook

Booking Holdings (BKNG) traded near $5,300 on Dec. 12, 2025, with a market cap around $172 billion, about 8% below its 52-week high. Q3 results showed $9 billion in revenue and $3.8 billion in adjusted EBITDA, both up year-over-year. The company is paying a $9.60 quarterly dividend on Dec. 31. Investors are weighing strong travel demand and shareholder returns against regulatory risks.
12 December 2025
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Citigroup Stock (NYSE: C) Today: JPMorgan Upgrade Sparks Fresh Optimism for 2026 as Citi’s Turnaround Hits Key Milestones

Citigroup Stock (NYSE: C) Today: JPMorgan Upgrade Sparks Fresh Optimism for 2026 as Citi’s Turnaround Hits Key Milestones

JPMorgan upgraded Citigroup to “Overweight” on December 12, 2025, raising its price target to $124. Citi shares traded near $111.91, close to recent highs after a 59% gain this year. RBC also lifted its target to $121. Citi’s Q3 results showed $22.1 billion in revenue and $3.8 billion net income, with shares now trading around book value.
12 December 2025
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Stock Market Today

  • GLP-1 Weight Loss Drugs Spark Growing Market for Hair Treatment Products
    May 2, 2026, 11:12 AM EDT. GLP-1 drugs, widely used for weight loss, have a common side effect: hair loss, fueling a rising demand for targeted hair treatment products. Brands like Redken, Nutrafol, and KeraFactor are innovating and marketing treatments aimed at users experiencing hair thinning due to rapid weight loss induced by these medications. Retailers such as Ulta report increased customer interest in such products. Experts highlight the merging of health, wellness, and beauty as a significant investment opportunity. With GLP-1 use doubling since early 2024 and projections estimating 25 million American users by 2030, the market for hair care solutions linked to these drugs is set to expand considerably.

Latest article

Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

2 May 2026
Zscaler shares rose 6.99% to $139.81 on May 1, with trading volume near 2.9 million, as technology stocks rallied and the Nasdaq Composite closed above 25,000 for the first time. The gain followed stronger earnings and forecasts from software peers like Atlassian. Zscaler’s market value stood at $22.5 billion, well below its 52-week high of $336.99. Analysts remain mixed, with some cutting price targets despite maintaining Buy ratings.
Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

2 May 2026
Wolfspeed shares surged nearly 25% Friday, closing at $36.76 after Capital Ventures International and Susquehanna disclosed a 5% stake. The company, which exited Chapter 11 last year, will report fiscal Q3 earnings May 5. Wolfspeed recently raised $475.9 million to reduce debt but continues to post losses amid weak EV demand and rising competition from larger chipmakers.
Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

2 May 2026
Stryker missed first-quarter profit and revenue estimates after a March cyberattack disrupted operations, reporting net sales of $6.0 billion and adjusted earnings per share of $2.60. Shares fell 6.47% to $294.73 on May 1. The company said the incident had a material impact on the quarter but kept its 2026 outlook unchanged. Some delayed sales and procedures may shift into later quarters.
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