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NASDAQ:NTRA 5 May 2026

GeneDx Stock Crash: WGS Plunges After Guidance Cut Raises Reimbursement Fears

GeneDx Stock Crash: WGS Plunges After Guidance Cut Raises Reimbursement Fears

GeneDx shares dropped 51% to $33.12 after the company cut its 2026 revenue forecast and lowered full-year guidance to $475–$490 million. First-quarter revenue rose 17% to $102.3 million, but missed expectations as reimbursement rates and product mix hurt sales. The company posted an adjusted net loss of $8.2 million. Management maintained its target for positive adjusted net income this year.
5 May 2026
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Stock Market Today

  • 3 Stocks Positioned for Strong Gains Despite Recent Rallies
    May 13, 2026, 1:05 PM EDT. The stock market has reached new highs since late March, yet Nvidia, Micron Technology, and a third unnamed stock remain compelling buys based on their valuations and growth prospects through 2027. Nvidia, trading near its all-time highs with a $5 trillion market cap, could see a 50% gain if forward earnings rise as expected. Micron benefits from a severe memory chip shortage, driving revenue from $13.6 billion to an anticipated $33.5 billion next quarter. Despite its cyclical industry, Micron trades at a low 13 times forward earnings, signaling potential upside. These stocks are poised to capitalize on booming tech and data infrastructure investments over the coming years.

Latest articles

UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

13 May 2026
UiPath Inc. shares dropped 5.9% to $9.42 on Wednesday, with trading volume above 22 million, after the company launched a new integration for AI coding agents but investors waited for clearer demand signals ahead of its May 28 earnings call. UiPath reported fourth-quarter revenue of $481 million, up 14%, and reached full-year GAAP profitability for the first time.
Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

13 May 2026
Wolfspeed shares surged over 21% to $65.13 Wednesday, with trading volume exceeding 18 million shares and market value reaching $2.55 billion. The rally followed Citrini Research’s endorsement, tying Wolfspeed’s silicon carbide chips to rising AI data-center demand. Wolfspeed reported a $120 million net loss last quarter and expects negative gross margins to continue. Some analysts remain cautious despite the stock’s recent gains.
LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows

LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows

13 May 2026
LinkedIn will cut about 5% of its workforce, affecting roles in marketing, engineering, and product teams, according to internal memos and sources. The move comes as LinkedIn reported a 12% revenue increase last quarter and surpassed 1.3 billion members. The company has over 17,500 employees worldwide. Microsoft shares were little changed following the news.

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Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

13 May 2026
Intel shares fell about 2% to $118.23 in early trading Wednesday, after a six-week rally added over $440 billion in market value. Short interest is near a 52-week high, with bearish traders facing more than $12 billion in paper losses, according to S3 Partners. Chip stocks now make up 18% of the S&P 500’s weight, driving most of this year’s index gains.
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