Today: 13 May 2026
Browse Category

NASDAQ:MGI 7 May 2026

Stock Market Today

  • Coincheck Group Shares Jump 30% on Strategic Deals and Acquisition News
    May 12, 2026, 8:42 PM EDT. Coincheck Group N.V. (Nasdaq: CNCK) stock surged 30% intraday to $2.40 on May 12 following major announcements despite a mixed Q4 fiscal 2026 earnings report. Total revenue rose 4% year-over-year to $752 million, driven by higher transaction revenue, but adjusted revenue fell 18% due to lower marketplace trading volume. Net loss for the quarter was $7.6 million versus a $4 million profit a year earlier. The surge reflected news of KDDI Corporation acquiring a 14.9% stake in Coincheck for $65 million and a new partnership to expand Japan's digital asset market. Additionally, Coincheck completed a 99.8% acquisition of Canadian asset manager 3iQ and named its CEO as Coincheck's new head. 3iQ also recently co-launched a multi-crypto ETF with Scotiabank, boosting investor confidence.

Latest article

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

13 May 2026
Tech stocks led declines Tuesday after April CPI data showed consumer prices rose 0.6% for the month and 3.8% year-over-year, pushing Treasury yields higher and weighing on rate-cut hopes. Brent crude settled above $107, fueling inflation concerns. The S&P 500 slipped 11.88 points to 7,400.96, while the Nasdaq lost 185.92 to 26,088.20. Chip stocks fell sharply, with Qualcomm down 11% and Intel off 6.8%.
Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

13 May 2026
Karman Holdings shares closed up 6.2% at $62.48 on May 12, then fell 11% after hours following first-quarter results and a raised 2026 outlook. Q1 revenue jumped 51% to $151.2 million, net income reached $7.8 million, and backlog hit $1.0 billion. Adjusted EPS matched the $0.11 estimate. The company announced over $1 billion in new contingent demand commitments.
Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

13 May 2026
Velo3D shares surged 24.7% to $17.53 in after-hours trading Tuesday after first-quarter revenue rose 48% to $13.8 million and net loss narrowed to $7.0 million. Gross margin improved to 17.2%. The company raised $50 million in April but remains loss-making, with a recent going-concern warning. Backlog stood near $30 million, with repeat orders above 70% of total.
Go toTop