Today: 14 May 2026

Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz reported first-quarter net sales of $6.05 billion, beating analysts’ estimates and sending shares up 3.6% in early trading. Organic net sales fell 0.4% as higher prices failed to offset lower volumes. The company maintained its 2026 outlook despite inflation and an expected hit from reduced SNAP benefits. CEO Steve Cahillane said pausing a planned split freed funds for brand investment.
6 May 2026
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Hut 8 Stock Jumps After $9.8 Billion Texas AI Data Center Lease Speeds Its AI Pivot

Hut 8 Stock Jumps After $9.8 Billion Texas AI Data Center Lease Speeds Its AI Pivot

Hut 8 shares surged 32% Wednesday after the company signed a 15-year, $9.8 billion lease for 352 megawatts of IT capacity at its Beacon Point data center in Texas. The deal boosts Hut 8’s contracted AI data center capacity to 597 MW and total contract value to $16.8 billion. Revenue for the first quarter rose to $71 million, but net loss widened to $253.1 million, mainly due to unrealized losses on digital assets.
6 May 2026
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Super Micro Stock Jumps 19% as AI Server Forecast Overrides Revenue Miss

Super Micro Stock Jumps 19% as AI Server Forecast Overrides Revenue Miss

Super Micro Computer shares rose 19% after the company forecast stronger-than-expected fourth-quarter revenue and profit. Net sales for the quarter ended March 31 jumped to $10.24 billion, with net income at $483 million. The company’s outlook topped analyst estimates, but revenue missed some forecasts due to customer and supply-chain delays. Shares traded at $33.13, up $5.30 from Tuesday’s close.
6 May 2026
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Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase will cut about 700 jobs, or 14% of its global workforce, as it restructures around artificial intelligence and responds to weak crypto markets. The company expects to complete the layoffs in the second quarter at a cost of $50 million to $60 million. CEO Brian Armstrong cited both market downturn and AI-driven automation as reasons for the move. U.S. staff will receive at least 16 weeks’ pay and six months of health coverage.
6 May 2026
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Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Technology will report fiscal Q1 2027 results on May 27, following a 66.7% stock surge in April and heightened investor focus on its Nvidia partnership and data-center business. U.S. chip stocks, including Marvell, rose Wednesday after AMD’s upbeat outlook on AI infrastructure demand. Marvell’s fiscal 2026 revenue climbed 42% to $8.2 billion, driven by strong AI demand and new design wins.
6 May 2026
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Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel shares jumped 6% in U.S. premarket trading Wednesday after AMD raised its server CPU growth forecast and reported a 57% surge in data-center revenue. Apple has held early talks with Intel and Samsung about making device processors in the U.S., Bloomberg reported. Intel’s Q1 revenue rose 7% to $13.6 billion, with its Data Center and AI unit up 22%.
6 May 2026
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Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex will spin off its Cloud and Power Infrastructure unit as a separate public company, with CEO Revathi Advaithi set to lead the new entity, SpinCo. Flex shares jumped 28.4% premarket to $123.84 after reporting Q4 net sales of $7.5 billion, up 17%. SpinCo will target AI data center infrastructure, aiming for 65%-75% revenue growth in fiscal 2027. Key financial details and regulatory approvals remain undisclosed.
6 May 2026
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Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix shares fell 3.4% to $87.57 Tuesday after co-founder Reed Hastings disclosed a major insider sale ahead of his planned board departure in June. The stock traded below $88 in pre-market Wednesday, pressured by a weak second-quarter outlook and ongoing investor concerns. Hastings sold 407,550 shares on May 1, according to an SEC filing. Competition from Paramount and Disney continues to intensify.
6 May 2026
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SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

The VanEck Semiconductor ETF (SMH) jumped to $522.69 premarket Wednesday, up $16.25, as AMD shares surged nearly 18% after forecasting Q2 revenue of $11.2 billion and reporting 38% Q1 revenue growth. Intel, Arm, Qualcomm, and Micron also rose. SMH is up 40.69% year to date, with Nvidia and Taiwan Semiconductor among its largest holdings. TSMC reported Q1 revenue up 40.6% to $35.90 billion.
6 May 2026
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CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave will report first-quarter results May 7 after the market close, with Wall Street expecting a loss of 91 cents per share on $1.97 billion in revenue. Shares traded at $127.89, up 2% premarket. The company ended 2025 with a $66.8 billion revenue backlog and recently signed major deals with Meta, Anthropic, and Jane Street. Guidance calls for up to $2 billion in Q1 revenue and $30–$35 billion in 2026 capital spending.
6 May 2026
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IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Ltd will acquire Mirantis Inc in an all-share deal worth about $625 million, expanding into cloud software and AI infrastructure. IREN shares rose 10.6% to $54.74 after the announcement. Mirantis will operate as a standalone subsidiary, supporting IREN’s AI cloud deployments. The deal is subject to regulatory approval and customary closing conditions.
6 May 2026
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Nebius Stock Near Record High After $643 Million Eigen AI Deal — Q1 Earnings Could Decide The Next Move

Nebius Stock Near Record High After $643 Million Eigen AI Deal — Q1 Earnings Could Decide The Next Move

Nebius agreed to acquire Eigen AI for about $643 million in cash and shares, aiming to expand into higher-margin AI software. Nebius shares hovered near record highs at $175.92 after the deal, ahead of its May 13 Q1 earnings report. The company will integrate Eigen AI’s tools into its Token Factory platform and gain a Bay Area engineering presence. Investors are watching for updates on recurring revenue and data-center expansion.
6 May 2026
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Novo Nordisk Stock Jumps After Wegovy Pill Sales Surprise in Lilly Obesity Fight

Novo Nordisk Stock Jumps After Wegovy Pill Sales Surprise in Lilly Obesity Fight

Novo Nordisk raised its 2026 outlook after early U.S. sales of its new Wegovy weight-loss pill surpassed 2 million prescriptions since January, beating expectations. Shares jumped as much as 9.2% in Copenhagen. Adjusted first-quarter sales fell 10% to 70.06 billion crowns, but reported net sales rose 24% to 96.82 billion crowns after a U.S. drug pricing provision reversal.
6 May 2026
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Oil Plunges As Trump Halts Hormuz Mission And Iran Deal Hopes Surge

Oil Plunges As Trump Halts Hormuz Mission And Iran Deal Hopes Surge

President Donald Trump paused a U.S. naval operation to move commercial ships through the Strait of Hormuz as Washington and Tehran neared a memorandum to end the Gulf war, according to Reuters. Brent crude fell over 8% to about $100 a barrel on the news. Iran has not publicly accepted the deal. A CMA CGM container ship was attacked in the strait on Tuesday, injuring crew and damaging the vessel.
6 May 2026
US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

U.S. stock index futures surged early Wednesday, with Dow futures up 558 points and Nasdaq 100 futures rising 1.6%, driven by AMD’s strong revenue forecast and progress in U.S.-Iran talks to end the Gulf war. Brent crude dropped 8.44% to $100.60. AMD shares jumped nearly 18% pre-market, while Intel and Arm Holdings also gained. The S&P 500 and Nasdaq closed at record highs Tuesday.
6 May 2026
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Stock Market Today

  • Sensex and Nifty Rise Over 1% on Hopes of Policy Support Amid Currency Volatility
    May 14, 2026, 3:21 PM EDT. Indian markets closed higher Thursday with the Sensex up 1.06% and the Nifty 1.18%, fueled by gains in pharmaceutical, healthcare, metal, and banking stocks. The rise followed optimism around potential policy measures aimed at curbing currency volatility, including tax relief for foreign investors and restrictions on capital outflows. Pharma and healthcare sectors led gains as investors shifted to defensive stocks. Metal stocks benefited from strong global prices and improving Chinese demand outlook. Banking indices also advanced, while IT stocks fell 2% due to selling pressure. Market sentiment was boosted by positive global cues after the Trump-Xi meeting, increasing hopes for economic cooperation. The rupee showed volatility but recovered following reports of proposals to support capital inflows.

Latest articles

Digi Power X Stock Slides Before Earnings as $1.1 Billion AI Deal Faces First Test

Digi Power X Stock Slides Before Earnings as $1.1 Billion AI Deal Faces First Test

14 May 2026
MIAMI, May 14, 2026, 15:07 EDT Digi Power X Inc. shares fell sharply on Thursday as investors cut exposure before the AI infrastructure company’s first-quarter results, due Friday morning. The Nasdaq-listed stock traded at $7.28 at 14:50 ET, down about 14% from the prior close, after touching an intraday high of $9.25; volume topped 34 million shares. The timing matters. Digi Power X has promised an operations update with results for the quarter ended March 31, its first scheduled report after a run of announcements on AI data centers, GPU rentals and new equity capacity. The company said the conference
Smart Powerr Stock Nearly Quadruples as Nasdaq Delisting Threat Shadows CREG

Smart Powerr Stock Nearly Quadruples as Nasdaq Delisting Threat Shadows CREG

14 May 2026
Smart Powerr shares jumped to 78.83 cents, up nearly 59 cents from the previous close, after hitting 90.37 cents intraday. The surge followed news that Nasdaq warned the company over its sub-$1 share price and possible suspension. Trading volume reached about 395 million shares. The company said a hearing request would delay any suspension but gave no assurance of keeping its Nasdaq listing.
Manulife Financial Corporation Stock Slides Nearly 6% After Q1 Earnings Miss Despite Asia Jump

Manulife Financial Corporation Stock Slides Nearly 6% After Q1 Earnings Miss Despite Asia Jump

14 May 2026
Manulife reported first-quarter core earnings of C$1.84 billion, up 8% on a constant-currency basis, but U.S.-listed shares fell about 6% after core EPS missed estimates. Net income attributable to shareholders more than doubled to C$1.15 billion. Asia core earnings rose 22%, while Canada and U.S. results weakened and Global Wealth and Asset Management saw C$4.4 billion in net outflows.
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