Today: 13 May 2026

Cytokinetics stock jumps today as CYTK traders focus on Myqorzo launch and insider filing

Cytokinetics stock jumps today as CYTK traders focus on Myqorzo launch and insider filing

Cytokinetics shares climbed 3.7% to $63.63 Wednesday, bucking a weaker market as investors awaited Myqorzo’s U.S. launch in January. A Form 4 showed Chief Commercial Officer Andrew Callos sold 1,809 shares at $62.44 on Dec. 29 under a pre-set plan. The drug, approved this month, will be distributed with a REMS safety program. Investors are watching for pricing details and initial uptake.
Uber stock slips as SpotHero acquisition-talk report emerges in year-end trade

Uber stock slips as SpotHero acquisition-talk report emerges in year-end trade

Uber shares slipped 0.3% to $81.87 after a report said the company has held talks to acquire parking app SpotHero, which was last valued at about $290 million. SpotHero operates in over 400 North American cities. Traders await confirmation of the talks and Uber’s next earnings report, expected Feb. 4. Lyft rose 0.2% while DoorDash fell 0.2% in afternoon trading.
Bank of America stock dips as Fed repo borrowing hits a record at year-end

Bank of America stock dips as Fed repo borrowing hits a record at year-end

Bank of America shares slipped 0.3% Wednesday, tracking declines across U.S. bank stocks as year-end funding pressures drove a record $74.6 billion draw from the Fed’s standing repo facility. The secured overnight financing rate touched 3.77% Monday before easing. U.S. initial jobless claims fell to 199,000 for the week ended Dec. 27. Markets will close Thursday for New Year’s Day.
ServiceNow stock slips in year-end trade as thin volumes hit growth names — what to watch next

ServiceNow stock slips in year-end trade as thin volumes hit growth names — what to watch next

ServiceNow shares fell 0.3% to $153.81 in thin afternoon trading Wednesday, tracking a broader tech pullback as year-end liquidity dried up. The move followed a 5-for-1 stock split and news of a $7.75 billion deal to acquire cybersecurity firm Armis. Investors are also weighing a CEO contract amendment effective Jan. 1. About 2.8 million shares traded in a narrow range.
31 December 2025
Trump offshore wind freeze heads to court as judge seeks classified evidence in Dominion case

Trump offshore wind freeze heads to court as judge seeks classified evidence in Dominion case

A federal judge in Virginia has delayed Dominion Energy’s attempt to restart offshore construction on its Coastal Virginia Offshore Wind project, pending review of classified material cited by the Trump administration to justify its stop-work order. The government must submit the material to the court by Jan. 9, with the next hearing set for Jan. 16. The pause is costing Dominion over $5 million a day.
31 December 2025
CoreWeave stock drops as insider sale filing hits thin year-end trade — what’s next for CRWV

CoreWeave stock drops as insider sale filing hits thin year-end trade — what’s next for CRWV

CoreWeave shares fell 3.1% to $71.63 Wednesday afternoon after a filing showed Chief Strategy Officer Brian Venturo sold 281,250 shares on Dec. 24 under a pre-arranged plan. The sale drew attention in thin year-end trading, with the stock hitting a session low of $71.46. Investors are awaiting updates on financing and the next earnings report. The Nasdaq 100 was down 0.3% in the same session.
31 December 2025
Visa stock slips as escrow-linked share conversion update hits year-end trade

Visa stock slips as escrow-linked share conversion update hits year-end trade

Visa shares slipped 0.3% to $352.48 Wednesday after the company updated conversion rates for legacy class B shares following a $500 million deposit into its U.S. litigation escrow account. The new rates, effective Dec. 23, lower the conversion ratios for class B-1 and B-2 shares. Mastercard, American Express, and PayPal also traded slightly lower. Investors await Visa’s quarterly results on Jan. 27.
31 December 2025
Goldman Sachs stock slips on New Year’s Eve as Fed repo borrowing hits a record

Goldman Sachs stock slips on New Year’s Eve as Fed repo borrowing hits a record

Goldman Sachs shares fell 0.3% to $881.64 in thin year-end trading Wednesday. The New York Fed’s repo facility saw record borrowing at $74.6 billion, underscoring strong demand for cash. Wall Street’s main indexes edged lower, with the Dow down 0.19% and the S&P 500 off 0.15%. Investors are watching for Goldman’s Jan. 15 earnings and the Fed’s Jan. 27-28 meeting.
31 December 2025
Pitney Bowes NT 43 drops 3% today as Treasury yields rise — what’s next for PBI.PRB

Pitney Bowes NT 43 drops 3% today as Treasury yields rise — what’s next for PBI.PRB

Pitney Bowes’ NT 43 notes fell 3.0% to $21.04 Wednesday as U.S. 10-year yields rose and year-end trading thinned. About 50,000 shares changed hands, with prices ranging from $21.00 to $21.72. The drop followed a recent cash tender offer, with $75.7 million of the notes accepted for purchase out of $425 million outstanding. Pitney Bowes’ common shares slipped 0.85% to $10.56.
31 December 2025

Stock Market Today

  • Analog Devices (ADI) Stock Valuation Assessment Amid Strong Price Gains
    May 13, 2026, 2:53 PM EDT. Analog Devices (ADI) stock has surged nearly 20% in the past 30 days and delivered an 87.95% total shareholder return over one year, drawing investor attention. The stock trades at $419.65, about 6.8% above its modeled fair value of $392.94, indicating potential overvaluation. Drivers include growth from robotics and automation expanding ADI's addressable market and boosting revenue. However, risks remain from increased competition in China and rising manufacturing and R&D costs that could pressure margins. Investors should weigh ADI's growth potential against these challenges when considering inclusion in portfolios.

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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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QuantumScape Stock Jump: Eagle Line Puts $11 Million Behind Battery Bet

QuantumScape Stock Jump: Eagle Line Puts $11 Million Behind Battery Bet

13 May 2026
QuantumScape shares closed up 4.9% at $8.42 Tuesday and rose further after hours, following news of $11 million in first-quarter customer billings and progress at its Eagle Line pilot facility. The company reported a $100.8 million GAAP net loss for the quarter and continues to operate at a loss while ramping solid-state battery production.
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