Today: 12 May 2026
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Artificial Intelligence 4 May 2026 - 5 May 2026

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s $25 Billion Buyback Looks Big. Microsoft’s $190 Billion AI Capex Bill Looks Bigger

Netflix’s board approved an extra $25 billion in share buybacks after the company ended talks to buy Warner Bros Discovery assets and received a $2.8 billion breakup fee. On Tuesday, Netflix shares fell 2.3% to $88.89, while Microsoft dropped 0.8% and PulteGroup rose 2.6%. Microsoft plans $190 billion in AI and cloud spending this year. PulteGroup and Mobileye also expanded buybacks following stock declines.
5 May 2026
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SMH ETF Nears Record As AI Chip Boom Raises One Big Valuation Question

SMH ETF Nears Record As AI Chip Boom Raises One Big Valuation Question

VanEck Semiconductor ETF (SMH) traded at $520.28 late Tuesday morning, near a record high, up $13.49 from its previous close. The fund’s net asset value rose 40.69% this year and 140.37% over one year through May 4, with total assets at $59.12 billion. Intel, a major SMH holding, jumped $13.72 to $109.50 after reports of talks with Apple. TSMC reported Q1 revenue up 40.6% year-over-year to $35.90 billion.
5 May 2026
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SoundHound AI (SOUN) Stock Slides as OASYS Launch Puts Q1 Earnings in Focus

SoundHound AI (SOUN) Stock Slides as OASYS Launch Puts Q1 Earnings in Focus

SoundHound AI shares fell 4.3% to $9.06 on Tuesday after launching its OASYS self-learning AI system ahead of Thursday’s earnings report. The company is expected to post a first-quarter loss of 5 cents per share on $42.7 million in revenue, with options traders bracing for an 18% swing after results. SoundHound’s market value stands at about $3.73 billion. The stock has gained over 40% in the past month but remains slightly down for the year.
5 May 2026
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Figma Stock Faces a Crucial AI Test as Earnings Loom

Figma Stock Faces a Crucial AI Test as Earnings Loom

Figma shares traded near $20 early Tuesday, down sharply from a 52-week high of $142.92, as investors awaited first-quarter results due May 14. The company forecast Q1 revenue of $315–$317 million, up 38% year-over-year, with AI features under scrutiny for their impact on growth and costs. Analyst price targets have dropped, with consensus at “Hold.” Competitors include Adobe and Google’s new Stitch tool.
5 May 2026
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Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest Stock Jumps After AI Ad Tools Lift Revenue Forecast Above Wall Street

Pinterest forecast second-quarter revenue of $1.133 billion to $1.153 billion, above analyst expectations, sending shares up 15% in after-hours trading. First-quarter revenue rose 18% to $1.008 billion, with global monthly active users reaching a record 631 million. The company reported a net loss of $74 million and adjusted EBITDA of $207 million for the quarter.
5 May 2026
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Duolingo Stock Drop Shows Why Investors Are Questioning Its AI Learning Bet

Duolingo Stock Drop Shows Why Investors Are Questioning Its AI Learning Bet

Duolingo shares dropped over 12% in premarket trading Tuesday after the company forecast slower bookings and lower margins for the year, despite beating first-quarter estimates. Revenue rose 27% to $292 million, daily active users hit 56.5 million, and net income reached $43.5 million. Management said returns on new AI features may not appear until 2027 or later.
5 May 2026
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IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN shares jumped 8.37% to $49.48 Monday after the company energized its 1.4-gigawatt Sweetwater 1 data center in Texas, connecting its substation to the ERCOT grid. The company said power delivery will ramp up as the site is built out. IREN also announced a definitive agreement to acquire Mirantis. The stock was quoted at $50.16 before Tuesday’s U.S. open.
5 May 2026
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Micron Stock’s AI Memory Run Sends It Into U.S. Market-Cap Elite

Micron Stock’s AI Memory Run Sends It Into U.S. Market-Cap Elite

Micron Technology shares traded at $576.45 premarket Tuesday, valuing the company at about $658.3 billion. Fiscal Q2 revenue reached $23.86 billion, with net income of $13.79 billion, as demand for high-bandwidth memory in AI data centers surged. DRAM and NAND sales jumped on sharp price increases, but the company warned of potential margin risks if demand slows. Micron plans to exit its consumer memory business by February 2026.
5 May 2026
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CRWV Stock Jumps Before Earnings: Why Meta’s $21 Billion AI Deal Has Wall Street Watching

CRWV Stock Jumps Before Earnings: Why Meta’s $21 Billion AI Deal Has Wall Street Watching

CoreWeave shares climbed 5.4% to $125.43 in premarket trading Tuesday after Meta committed about $21 billion for cloud capacity through 2032. Jefferies estimates recent contracts could lift CoreWeave’s backlog above $95 billion, up from $66.8 billion at year-end. The company reports first-quarter results Thursday. CoreWeave posted a $1.17 billion net loss in 2025 on $5.13 billion in revenue.
5 May 2026
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Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries reported fiscal Q2 new orders surged 97% to $490 million, lifting backlog to a record $1.8 billion. Profit slipped 1% to $45.9 million, missing analyst forecasts along with revenue. The company disclosed a post-quarter data center order exceeding $400 million, its largest ever. Shares fell nearly 2% before recovering slightly after hours.
5 May 2026
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Pinterest Stock Surges After Q1 Earnings Beat as AI Ad Push Lifts Revenue Outlook

Pinterest Stock Surges After Q1 Earnings Beat as AI Ad Push Lifts Revenue Outlook

Pinterest shares jumped 15% to $24.06 in after-hours trading after first-quarter revenue beat estimates and the company issued a strong second-quarter outlook. Revenue rose 18% to $1.008 billion, with global monthly active users up 11% to 631 million. The quarter saw a net loss of $73.6 million, but adjusted earnings reached 27 cents per share, topping forecasts. Pinterest cited ongoing economic and regulatory risks in its outlook.
4 May 2026
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Mobile-health Network Solutions Stock Jumps After $119 Million AI Health Deal: What MNDR Investors Need To Know

Mobile-health Network Solutions Stock Jumps After $119 Million AI Health Deal: What MNDR Investors Need To Know

Mobile-health Network Solutions signed a non-binding US$119 million framework with Hector Capital to fund planned acquisitions of BIMA and M&M Helix. The deal follows MNDR’s separate US$126 million data-center financing plan. MNDR shares jumped about 60% to $1.52 after the news. The agreement requires further valuation, approvals, and definitive contracts.
4 May 2026
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Sivers Semiconductors Stock Jumps 47% as Nasdaq Push and AI Optics Bet Hit Deadline Week

Sivers Semiconductors Stock Jumps 47% as Nasdaq Push and AI Optics Bet Hit Deadline Week

Sivers Semiconductors shares jumped 47.24% to SEK 55.95 in Stockholm, extending 2024 gains to over 1,200%. Shareholders face a May 5 deadline to participate in a SEK 125 million directed share issue ahead of a May 11 vote. The company delayed its 2025 annual report to May 15 to meet U.S. audit standards for a possible Nasdaq New York dual listing. Market value stood at SEK 16.59 billion.
4 May 2026
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Blaize Stock Jumps as $15 Million Winmate AI Deal Targets Defense Hardware

Blaize Stock Jumps as $15 Million Winmate AI Deal Targets Defense Hardware

Blaize Holdings shares jumped 33.5% to $2.71 after announcing a partnership with Taiwan’s Winmate Inc. to integrate Blaize AI chips into rugged field systems. The companies target about $15 million in business in the first year, though this reflects a sales goal, not confirmed revenue. Trading volume exceeded 34 million shares. Blaize reports first-quarter results May 14.
4 May 2026
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Nokia Stock Hits 17-Year High as AI Data-Center Pivot Draws New Buyers

Nokia Stock Hits 17-Year High as AI Data-Center Pivot Draws New Buyers

Nokia shares surged 6.3% in Helsinki on Monday, hitting a 17-year high after the company announced the sale of its fixed wireless access device business to Inseego and reported rising sales linked to AI data centers. Nokia will receive up to an 11% stake in Inseego as part of the deal, expected to close in the fourth quarter. First-quarter orders from AI and cloud customers reached 1 billion euros, up 49%.
4 May 2026
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CoreWeave Stock Jumps Before Earnings as OpenAI Risk Tests the $700 Billion AI Boom

CoreWeave Stock Jumps Before Earnings as OpenAI Risk Tests the $700 Billion AI Boom

CoreWeave shares climbed 5.8% to $125.89 Monday, valuing the company at $62.7 billion ahead of its first-quarter earnings report due Thursday. The move follows recent volatility tied to concerns over OpenAI, which accounts for about a third of CoreWeave’s contracted revenue. CoreWeave reported $5.13 billion in 2025 revenue and a $66.8 billion backlog at year-end. Citi raised its price target to $155, citing strong backlog growth.
4 May 2026
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Why Micron Stock Is Surging Again as AI Memory Boom Fuels a $1,000 Wall Street Call

Why Micron Stock Is Surging Again as AI Memory Boom Fuels a $1,000 Wall Street Call

Micron Technology shares surged to $584.58 Monday after touching $592.49, extending gains on bets that AI data centers will drive demand for advanced memory. The company reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier, and raised its dividend by 30%. Wall Street analysts boosted price targets, with D.A. Davidson setting Micron at $1,000. SanDisk’s strong results fueled further comparisons.
4 May 2026
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Datavault AI Stock Falls as $60 Million Share Sale Puts Its GPU Network Bet Under Pressure

Datavault AI Stock Falls as $60 Million Share Sale Puts Its GPU Network Bet Under Pressure

Datavault AI Inc. shares dropped about 20% after announcing a $60 million stock offering, adding 109.1 million shares at roughly 55 cents each. Proceeds will fund its planned GPU edge network. The company also agreed to acquire CyberCatch Holdings in an all-stock deal valued at C$136.8 million. Datavault reported 2025 revenue of $39.1 million but remains unprofitable for the year.
4 May 2026
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Stock Market Today

  • QuantumScape Shares Rise 9.35% After Q1 Earnings Beat Expectations
    May 12, 2026, 5:51 PM EDT. QuantumScape Corporation (NASDAQ: QS) shares jumped 9.35% following its Q1 2026 earnings report, which showed a smaller-than-expected loss of $0.16 per share versus Wall Street's forecast of $0.18. Despite continuing losses of $100.8 million driven by heavy R&D spending, QS's strong cash position of $904.7 million and a working capital cushion of $872.1 million reassure investors. The stock's advance from mid-$6s in late April to around $8.26 on May 11 reflects growing optimism about the firm's solid-state lithium-metal battery technology. Market participants remain focused on progress toward commercialization, with robust trading momentum indicating confidence in QS's potential for electric vehicle applications.

Latest article

British American Tobacco Stock Jumps as FDA Shift Gives Vuse and Velo a Cleaner Read

British American Tobacco Stock Jumps as FDA Shift Gives Vuse and Velo a Cleaner Read

12 May 2026
British American Tobacco shares jumped 5.82% in London to £46.34 after the FDA signaled a softer enforcement stance on some e-cigarette and nicotine pouch products. A U.S. judge also dismissed BAT’s North Korea sanctions case following a $630 million settlement. The FTSE 100 slipped 0.04%. BAT’s U.S.-listed ADR closed up 5.3% at $63.64.
Camtek Stock Falls 16% After Earnings Beat as Margin Pressure and Hot CPI Hit AI Chip Trade

Camtek Stock Falls 16% After Earnings Beat as Margin Pressure and Hot CPI Hit AI Chip Trade

12 May 2026
Camtek shares fell 15.8% to $174.63 despite beating Q1 revenue and adjusted EPS estimates by small margins. Q1 revenue rose 2.5% year over year, but non-GAAP EPS dropped to $0.70 from $0.79 and operating margin narrowed to 25.5%. Management guided Q2 revenue to $129–$131 million and expects second-half revenue to rise over 25%. Broader market pressure followed a hot April CPI and rising Treasury yields.
Oscar Health stock rises in premarket after 2026 revenue outlook; House subpoenas add a fresh risk

Oscar Health Stock Extends Post-Earnings Repricing as Margins Outweigh ACA Risk

12 May 2026
Oscar Health shares rose 7.9% to $23.73 late Tuesday, with volume near 13 million, after posting strong Q1 profit and lower claims costs despite missing revenue estimates. The company’s medical loss ratio fell to 70.5% from 75.4% a year earlier. Membership climbed to 3.17 million. ACA enrollment churn and policy risk remain concerns.
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