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NASDAQ:FERM 13 May 2026

Fermi Stock Faces A High-Stakes Q1 Test As Founder Fight Deepens

Fermi Stock Faces A High-Stakes Q1 Test As Founder Fight Deepens

Toby Neugebauer and allied shareholders filed new proxy materials to press for board changes at Fermi Inc., despite the board’s claim that the May 29 special meeting has been canceled. The group plans to use separate proxy cards for the disputed May 29 vote and a shareholder-called meeting expected around June 30. Fermi’s board opposes Neugebauer’s push for control and a quick sale. First-quarter results are due Thursday.
13 May 2026
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Stock Market Today

  • Greatland Resources Rises 5.8% on High-Grade Gold Drill Results Near Telfer
    May 13, 2026, 6:02 PM EDT. Greatland Resources (ASX:GGP) surged 5.8% after deep diamond drill WRC14503A at Pinnacles prospect intersected 58.7 meters grading 6.5 grams per tonne gold and 0.1% copper. This high-grade mineralisation lies 1.2 km south of the West Dome Underground resource, near Telfer's underground crusher and hoist. The intercept highlights potential to integrate new zones with existing infrastructure, possibly aiding future mine plans and economics. Investors watch how quickly high-grade underground ore offsets reliance on stockpiles amid ongoing capital demands. Greatland projects A$2.2 billion revenue by 2029 but faces a 3% downside risk to current price based on fair value estimates. Diverse valuations reflect differing views on sustaining underground feed and portfolio depth.

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BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

14 May 2026
Bitcoin fell below $80,000 in New York Wednesday, trading at $79,371 after U.S. inflation data and renewed outflows from spot bitcoin funds. U.S. spot bitcoin ETFs saw $233.2 million in net outflows on May 12, reversing a prior inflow. Producer prices rose 1.4% in April, the biggest jump since March 2022. Ether dropped 1.3% to $2,255.55; Solana fell 4.1% to $90.89.
XRP Price Stalls Near $1.42 as ETF Cash Runs Into a Fed Problem

XRP Price Stalls Near $1.42 as ETF Cash Runs Into a Fed Problem

13 May 2026
XRP fell to $1.42 on Wednesday, down about 1% over 24 hours, despite U.S.-listed spot XRP ETFs posting $25.8 million in inflows Monday, their highest since January. The token’s market value stood near $88 billion with $2.29 billion in daily trading. Bitcoin and Ether also declined, as hotter U.S. inflation erased expectations for Fed rate cuts this year.
Wall Street’s Tomorrow Test: Retail Sales, Fed Rate Risk and a Trump-Xi Trade Push

Wall Street’s Tomorrow Test: Retail Sales, Fed Rate Risk and a Trump-Xi Trade Push

13 May 2026
U.S. retail sales data for April is due Thursday at 8:30 a.m. EDT, offering a key signal on consumer spending after inflation jumped. The S&P 500 and Nasdaq closed at record highs Wednesday, led by tech shares, despite producer prices posting their biggest monthly gain in four years. Prediction markets show a near-unanimous expectation that the Federal Reserve will hold rates steady in June.
Mobileye Stock Jumps 14% as Robotaxi Plans Pull Investors Back In

Mobileye Stock Jumps 14% as Robotaxi Plans Pull Investors Back In

13 May 2026
Mobileye shares surged 14.1% to $10.53 on Nasdaq Wednesday after the company reported a 27% jump in first-quarter revenue and raised its 2026 outlook. The company authorized a $250 million share buyback. After-hours trading was flat. Mobileye cited strong EyeQ chip demand but warned of risks from China market uncertainty and a recent goodwill write-down.
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