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NASDAQ:FLEX 5 January 2026 - 6 May 2026

Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex will spin off its Cloud and Power Infrastructure unit as a separate public company, with CEO Revathi Advaithi set to lead the new entity, SpinCo. Flex shares jumped 28.4% premarket to $123.84 after reporting Q4 net sales of $7.5 billion, up 17%. SpinCo will target AI data center infrastructure, aiming for 65%-75% revenue growth in fiscal 2027. Key financial details and regulatory approvals remain undisclosed.
6 May 2026
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Flex stock rises as AI data-center trade returns; eyes on May 13 Investor Day

Flex stock rises as AI data-center trade returns; eyes on May 13 Investor Day

Flex Ltd shares rose about 1% to $64.95 in early afternoon New York trading Wednesday, as chip and AI-linked stocks rallied. The stock traded between $63.58 and $66.24. Investors are watching for Flex’s next update on data-center power and cooling growth, with its Investor Day set for May 13 in Austin. Flex last reported quarterly net sales of $7.1 billion and repaid $597 million in notes due February 2026.
11 February 2026
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Plexus stock jumps 7% in midday trade as contract manufacturers rally after CPI

Plexus stock jumps 7% in midday trade as contract manufacturers rally after CPI

Plexus Corp (PLXS) shares surged about 7% to $171.65 Tuesday, outpacing peers in a broad electronics manufacturing rally. The move followed a December inflation report showing consumer prices up 2.7% year-on-year. Analysts expect Plexus to report Q1 EPS near $1.77 on January 28. The stock now trades above the average analyst target of $159.
13 January 2026
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Fabrinet stock slides nearly 7% today as contract manufacturers sell off; earnings in focus

Fabrinet stock slides nearly 7% today as contract manufacturers sell off; earnings in focus

Fabrinet shares dropped 6.7% to $447.36 by early afternoon Monday, defying gains in the S&P 500 and Nasdaq. The decline came ahead of the company’s quarterly update, with investors watching for signs of demand shifts after management set a high revenue target for the December quarter. Jabil, Celestica, and Flex also fell. The ISM manufacturing PMI slipped to 47.9 in December, signaling contraction.
5 January 2026
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Stock Market Today

  • FTSE 100 Slips Amid Rising U.S. Bond Yields and Iran Tensions
    May 20, 2026, 6:30 AM EDT. The FTSE 100 fell 0.50% as global markets reacted to surging U.S. bond yields and geopolitical tensions between the U.S. and Iran. The 30-year U.S. Treasury yield remained near a 16-year high of 5.17%, while the 10-year yield hovered close to 4.66%. UK inflation softened to 2.8% in April, below expectations, easing pressure on the Bank of England for further rate hikes. However, producer price inflation rose sharply to 4%, driven by supply disruptions linked to Middle East tensions. Geopolitical concerns intensified after President Trump hinted at possible military action against Iran, escalating market uncertainty. The pound weakened slightly against the dollar, and Bank of England Governor Andrew Bailey was set to discuss the economic outlook amid these developments.

Latest articles

Entergy’s AI stock boost draws Wall Street’s attention—with a twist

Entergy’s AI stock boost draws Wall Street’s attention—with a twist

20 May 2026
Entergy shares have risen 33.3% over the past year, outpacing the S&P 500 and utilities sector, as investors bet on surging electricity demand from data centers and industrial growth. In April, Entergy raised its four-year capital plan by 33% to $57 billion, driven largely by Meta data center projects. First-quarter adjusted earnings reached $399 million, or 86 cents a share. Entergy also finalized a service deal with HYUNDAI-POSCO Louisiana.
Bolt CEO Said Firing HR Fixed Problems. Here’s What Happened Next

Bolt CEO Said Firing HR Fixed Problems. Here’s What Happened Next

20 May 2026
Bolt CEO Ryan Breslow defended cutting the company’s HR department at Fortune’s Workplace Innovation Summit, saying it had “created problems that didn’t exist.” The move follows Bolt’s April layoffs of about 30% of staff as it pivots to AI and a consumer finance app. Breslow said Bolt is “back in startup mode” and replaced HR with a smaller people operations team. Bolt was once valued at $11 billion.
San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

20 May 2026
OCI Energy and CPS Energy have begun building a 120-megawatt battery storage facility in southeastern Bexar County, aiming for commercial operation in 2027. The project follows a rise in average outage duration for CPS Energy customers to 75.38 minutes in 2025. OCI will own the facility, with CPS holding operational control. ING is financing construction, and LG Energy Solution Vertech is supplying batteries.
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