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NASDAQ:BLZE 5 May 2026

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.
5 May 2026
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Stock Market Today

  • Lloyds Banking Group Joins UK Innovation Fund Despite Shares Trading Below Valuation
    May 16, 2026, 1:23 AM EDT. Lloyds Banking Group has committed capital to a UK-focused innovation fund targeting startups linked to university research, alongside British Business Bank and Aviva Investors. This move extends Lloyds' role into early-stage venture capital, complementing its core banking services. Shares currently trade about 18% below analyst price targets and are flagged as over 50% undervalued compared to estimated fair value. The stock has declined nearly 9% in the past month. Investors should monitor capital allocation to the fund, potential new fee income, and risks from exposure to higher-risk ventures amid a low allowance for bad loans and an unstable dividend history. This initiative highlights Lloyds' increasing involvement in UK growth sectors beyond traditional lending.

Latest articles

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
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