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NASDAQ:WYNN 8 May 2026

Wynn Resorts Stock Falls Despite Q1 Beat as UAE Delay Clouds a Big Macau Bet

Wynn Resorts Stock Falls Despite Q1 Beat as UAE Delay Clouds a Big Macau Bet

Wynn Resorts shares fell $7.21 to $99.64 Friday despite beating first-quarter profit estimates, as investors reacted to a delayed UAE resort timeline and a new $900 million-plus expansion at Wynn Palace in Macau. Operating revenue rose 9.2% to $1.86 billion and adjusted profit reached $1.25 a share, topping forecasts. Wynn Palace revenue jumped 23% to $659.3 million. Construction on the new Macau tower starts in late 2026.
8 May 2026
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Stock Market Today

  • SoFi Acquires PrimaryBid IPO Tool Amid Mixed Market Reactions
    May 13, 2026, 4:30 PM EDT. SoFi Technologies acquired PrimaryBid's IPO allocation technology to boost its presence in capital markets for retail investors. Despite this strategic move, shares fell 2.9% to $15.44 after Truist cut the price target from $20 to $17, citing concerns in both loan and technology segments. The acquisition ends PrimaryBid's run as an independent fintech and marks SoFi's deeper push into IPO access, where competitors like Robinhood also operate. SoFi posted strong Q1 results with a 43% revenue jump to $1.10 billion and increased members by 35%, yet a 16% fall in technology platform accounts and cautious Q2 revenue guidance suggest challenges ahead. Investors remain wary amid persistent rate pressures impacting consumer lenders.

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Apple Gives Alphabet a Rare Ally in Europe’s AI-Android Fight

Apple Gives Alphabet a Rare Ally in Europe’s AI-Android Fight

13 May 2026
Apple warned EU regulators that proposed Digital Markets Act rules forcing Android to open key features to rival AI services could endanger privacy and security. The intervention came on the last day of a European Commission consultation, with a decision expected by July 27. Alphabet’s shares rose 4% to $402.98 after strong Q1 results and news of a planned yen bond sale to fund AI infrastructure.
Applied Optoelectronics Stock Surges Again as AI Data-Center Demand Outruns Supply

Applied Optoelectronics Stock Surges Again as AI Data-Center Demand Outruns Supply

13 May 2026
Applied Optoelectronics shares surged 21% Wednesday, trading at $227.05 after strong demand from AI data centers pushed first-quarter data-center revenue to $81.4 million, up from $32 million a year ago. CFO Stefan Murry said supply remains the main constraint, with demand expected to outpace output through mid-2027. AOI shipped its first volume 800G products to a hyperscale customer. The company posted a first-quarter net loss of $14.3 million.
Dow Jones Today: Why the Dow Slipped While AI Stocks Drove Wall Street Higher

Dow Jones Today: Why the Dow Slipped While AI Stocks Drove Wall Street Higher

13 May 2026
The Dow Jones Industrial Average fell 90.72 points to 49,669.84 on Wednesday, while the S&P 500 and Nasdaq rose, lifted by gains in chip and AI stocks. Producer prices jumped 1.4% in April, the largest monthly increase since March 2022. The Senate confirmed Kevin Warsh as Federal Reserve chair in a 54-45 vote. Prediction markets showed a 97% chance the Fed holds rates steady in June.

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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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