Today: 13 May 2026
Browse Category

NASDAQ:VEEV 1 May 2026

Stock Market Today

  • SanDisk Shares Drop 6% Amid Sector Selloff Despite Strong Q2 Results
    May 12, 2026, 9:18 PM EDT. SanDisk Corp. stock fell 6.17% to $1,452.02 on May 12, dragged down by a semiconductor sector selloff linked to rising inflation and energy prices. Despite the decline, SanDisk has gained over 400% since early 2026. The decline follows hotter-than-expected April CPI inflation at 3.8%, raising concerns about prolonged Federal Reserve rate hikes, and a surge in crude oil above $100 per barrel amid geopolitical tensions. SanDisk's fundamentals remain robust, with Q2 revenue tripling to $5.95 billion, driven by AI-driven data centre demand. Earnings per share topped estimates by nearly $9, while margins and free cash flow improved. The company secured over $11 billion in multi-year supply contracts and eliminated long-term debt, reinforcing confidence despite short-term sector pressures.

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