UK Stock Market Today: FTSE 100 Rebounds as Diageo, Miners and Banks Lead Early Rally

UK Stock Market Today: FTSE 100 Rebounds as Diageo, Miners and Banks Lead Early Rally

The FTSE 100 rose 1.6% to around 10,387 in early London trade Wednesday, rebounding after Tuesday’s sharp drop. Miners and banks led gains, while BP and Shell slipped as Brent crude retreated. Gilt yields eased, but traders remained cautious over UK political and inflation risks. Retailer Next edged higher after raising its profit forecast for 2026/27.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 06.05.2026

LIVEMarkets rolling coverageStarted: May 6, 2026, 12:00 AM EDTUpdated: May 6, 2026, 11:59 PM EDT Pfizer Shares Seen Undervalued by 57.6% Amid Mixed Market Sentiment May 6, 2026, 11:53 PM EDT. Pfizer (PFE) closed at US$26.53, showing a 24.9% return over the past year but with mixed recent performance, including a 4.7% drop over the last 30 days. A Discounted Cash Flow (DCF) analysis values the stock at US$62.52, implying it is about 57.6% undervalued compared to the current price. The DCF model projects Free Cash Flow rising from US$8.94 billion to US$16.03 billion by 2030. Pfizer trades at a
6 May 2026
US Stock Market Today After Hours: S&P 500, Nasdaq Hit Records as AMD Jumps on AI Demand

US Stock Market Today After Hours: S&P 500, Nasdaq Hit Records as AMD Jumps on AI Demand

U.S. stocks closed at record highs Tuesday, with the S&P 500 up 0.81% and the Nasdaq gaining 1.03%. AMD surged 12% after hours on a strong revenue forecast, while Intel rose 13% on reports Apple may use its chipmaking services. Super Micro Computer jumped 17% in late trading after projecting higher-than-expected revenue. The PHLX semiconductor index hit a record, up 55% this year.
Upstart Stock Tumbles After Earnings: The Profit Miss Investors Couldn’t Ignore

Upstart Stock Tumbles After Earnings: The Profit Miss Investors Couldn’t Ignore

Upstart Holdings shares dropped 13.9% to $26.84 in after-hours trading Tuesday after reporting a wider first-quarter net loss of $6.6 million and lower adjusted EBITDA, despite a 44% revenue jump to $308.2 million. Loan volume and originations surged, but margins narrowed, missing analyst profit expectations. CEO Paul Gu led his first earnings report since taking over May 1.
Occidental Petroleum Beats Earnings, but the Debt Story Is What Investors Will Watch

Occidental Petroleum Beats Earnings, but the Debt Story Is What Investors Will Watch

Occidental Petroleum reported first-quarter adjusted earnings of $1.06 per share, beating analyst expectations, as U.S. production averaged 1.426 million boed and net income reached $3.2 billion. Revenue fell short at $5.11 billion, and the company lowered its full-year production outlook. Occidental repaid $7.1 billion in debt through May 5, reducing principal debt to $13.3 billion. CEO Vicki Hollub will retire June 1.
Klaviyo Just Beat Q1 Estimates. The CFO Exit Is What Investors Are Watching

Klaviyo Just Beat Q1 Estimates. The CFO Exit Is What Investors Are Watching

Klaviyo shares fell 19% in extended trading Tuesday after CFO Amanda Whalen announced plans to step down, despite the company reporting first-quarter revenue up 28% to $358 million and raising its 2026 outlook. Whalen will remain CFO through August 21 and then serve as an advisor. The company beat consensus estimates and reported GAAP net income of $9 million, reversing a loss from a year earlier.
Morgan Stanley Faces U.S. Probe That Could Test Wall Street’s Offshore Banker Playbook

Morgan Stanley Faces U.S. Probe That Could Test Wall Street’s Offshore Banker Playbook

FINRA is investigating Morgan Stanley’s Budapest investment-banking analyst program after a whistleblower alleged staff worked on U.S. and European deals without proper licenses and mishandled client data, Reuters and the Wall Street Journal reported. The probe focuses on licensing, supervision, and client-data controls. Morgan Stanley did not immediately comment. Shares closed up 0.7% at $189.25.
5 May 2026
Astera Labs Stock Rises After AI Earnings Beat, But a Bigger Test Comes Next

Astera Labs Stock Rises After AI Earnings Beat, But a Bigger Test Comes Next

Astera Labs posted first-quarter revenue of $308.4 million, up 93% year-over-year, and adjusted earnings of 61 cents a share, both above analyst estimates. Shares rose 1.27% after hours. The company forecast second-quarter revenue of $355 million to $365 million, also ahead of expectations. CEO Jitendra Mohan cited strong demand for PCIe 6 products and initial shipments of the Scorpio X-Series AI switch.
Arista Stock Drops After Q1 Earnings Beat as AI Guidance Leaves Wall Street Wanting More

Arista Stock Drops After Q1 Earnings Beat as AI Guidance Leaves Wall Street Wanting More

Arista Networks reported first-quarter revenue up 35% to $2.709 billion, beating estimates, with adjusted earnings of 87 cents a share. The company forecast second-quarter sales of about $2.8 billion, roughly in line with Wall Street expectations. Shares fell 5.8% after hours to $160.35. Gross margin declined to 61.9% from 63.7% a year earlier.
AMD Earnings Tonight Could Decide Whether Its AI Stock Rally Has Gone Too Far

AMD Earnings Tonight Could Decide Whether Its AI Stock Rally Has Gone Too Far

AMD shares rose 4.2% to $355.92 Tuesday ahead of first-quarter results due after the market close, following an HSBC downgrade that briefly sent the stock lower. Wall Street expects revenue of about $9.9 billion and adjusted earnings of $1.29 a share, both up roughly a third from last year. Data-center revenue is projected to jump 53% to $5.6 billion. Rival Intel rallied, while Nvidia slipped during the session.
Cellectar Biosciences Stock: $140 Million Deal Puts Iopofosine FDA Filing in Focus

Cellectar Biosciences Stock: $140 Million Deal Puts Iopofosine FDA Filing in Focus

Cellectar Biosciences secured up to $140 million in new financing and reported a 83.6% overall response rate for iopofosine I 131 in a Phase 2b study for Waldenström macroglobulinemia. The company’s cash had fallen to $13.2 million at the end of 2025, raising doubts about its ability to continue. Shares traded heavily, with volume surging to 53.78 million. Cellectar plans a confirmatory trial and possible FDA filing.
Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze Stock Soars as AI Storage Demand Lifts 2026 Outlook

Backblaze shares rose $2.96 to $7.60 Tuesday after the company raised its 2026 revenue and adjusted EBITDA margin forecasts. First-quarter revenue climbed 12% to $38.7 million, with B2 Cloud Storage up 24% to $22.4 million. The company cited strong demand from AI customers, who now account for a growing share of business. Core backup services remain weak amid heavy competition.
DuPont Stock Surges as 2026 Forecast Raise and $275 Million Buyback Ease Cost Fears

DuPont Stock Surges as 2026 Forecast Raise and $275 Million Buyback Ease Cost Fears

DuPont raised its 2026 sales and profit forecasts after first-quarter net sales rose 4% to $1.681 billion, beating estimates. The company announced a $275 million accelerated share repurchase and said adjusted earnings per share climbed to 55 cents, above analyst expectations. Shares jumped 8.5% to $49.27 in late trading. DuPont completed the $1.2 billion sale of its Aramids business on April 1.
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Stock Market Today

  • Dow Surges Past 50,000, S&P 500 and Nasdaq Hit Records on AI Rally
    May 14, 2026, 4:27 PM EDT. U.S. stocks climbed sharply Thursday as the Dow Jones Industrial Average retook the 50,000 mark and the S&P 500 and Nasdaq Composite surged to fresh all-time highs. Nvidia shares jumped over 4%, pushing its market value to a record $5.7 trillion amid strong demand for AI chips and U.S. approval of sales to several Chinese firms. The AI trade reignited optimism as President Trump and Xi Jinping began a high-stakes U.S.-China summit, focusing on trade, technology, and geopolitical tensions. Meanwhile, Cisco stock rose following an earnings beat and restructuring plan focusing on AI. Higher oil prices linked to geopolitical risks helped lift U.S. retail sales, underscoring inflationary pressures impacting rate cut expectations.

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AST SpaceMobile Stock Jumps as AT&T, Verizon and T-Mobile Move to End Dead Zones

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AST SpaceMobile shares rose 11.8% to $83.66 after AT&T, T-Mobile, and Verizon agreed in principle to form a joint venture for satellite-based direct-to-device service. The company said it expects to play a central role as carriers seek to extend coverage beyond cell towers. The venture still requires definitive agreements. Competition includes SpaceX, Skylo, and Amazon’s Globalstar partnership.
US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

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The Dow Jones closed above 50,000, with the S&P 500 and Nasdaq hitting new highs as Cisco shares surged after raising its AI infrastructure outlook and announcing nearly 4,000 job cuts. Nvidia gained after U.S. approval for Chinese firms to buy its H200 chips. Cerebras Systems soared 89% on its IPO debut. U.S. retail sales rose 0.5% in April; jobless claims increased by 12,000.
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