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Stock Market 13 May 2026

Cisco Stock Surges After Q3 Earnings as AI Orders Spark Job Cuts and Bigger Forecast

Cisco Stock Surges After Q3 Earnings as AI Orders Spark Job Cuts and Bigger Forecast

Cisco shares rose 14% in after-hours trading Wednesday after the company raised its annual revenue forecast and announced nearly 4,000 job cuts to fund AI investments. Fiscal Q3 revenue reached $15.8 billion, up 12%, with net income of $3.4 billion. Cisco now expects fiscal 2026 revenue of up to $63 billion. The company reported $5.3 billion in AI infrastructure orders so far this year.
13 May 2026
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Applied Optoelectronics Stock Surges Again as AI Data-Center Demand Outruns Supply

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

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.
13 May 2026
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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

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.
13 May 2026
US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

The S&P 500 closed at 7,444.14 and the Nasdaq at 26,404.74, both record highs, while the Dow slipped 0.13% to 49,693.63. April producer prices jumped 1.4%, the largest monthly rise since March 2022, pushing back Fed rate-cut expectations. Prediction markets now see a long pause in U.S. policy easing. Tech stocks, especially AI-linked shares, led gains despite the inflation surprise.
13 May 2026
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Biggest Stock Movers Today: Fervo, Nebius and Ford Surge as Wix Sinks on AI Spending Shock

Biggest Stock Movers Today: Fervo, Nebius and Ford Surge as Wix Sinks on AI Spending Shock

Fervo Energy surged 33% in its Nasdaq debut, raising $1.89 billion and reaching a $10.21 billion valuation. Nebius, Ford, Akamai, and Wolfspeed climbed as investors sought AI-infrastructure stocks. Wix and Dynatrace fell after earnings. Producer prices jumped 1.4% in April, the biggest monthly rise in four years, while rate-cut expectations for 2026 dropped.
13 May 2026
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AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

Nvidia climbed 2.7% to $226.81 in afternoon trading, pushing its market value above $5.5 trillion, as AI-linked stocks rallied despite a 1.4% jump in U.S. producer prices for April. The PHLX Semiconductor Index gained 2.8%, while prediction markets showed 98% odds against a June Fed rate cut. Nebius surged 19.7% after reporting $399 million in quarterly revenue and plans for a major AI facility in Pennsylvania.
13 May 2026
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Apple Inc’s $4.4 Trillion Fight: EU AI Rules, China Talks and a Stock Near $300

Apple Inc’s $4.4 Trillion Fight: EU AI Rules, China Talks and a Stock Near $300

Apple warned EU regulators that proposed rules to open Android to rival AI services could create “profound risks” for users and devices, according to a Reuters report. The European Commission is weighing measures under the Digital Markets Act, with a final decision expected by July 27. Apple shares rose 1.6% to $299.47 after the news. CEO Tim Cook is also traveling to China with President Trump for trade talks this week.
13 May 2026
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Aurora Innovation Stock Jumps After Volvo-DSV Autonomous Truck Launch in Texas

Aurora Innovation Stock Jumps After Volvo-DSV Autonomous Truck Launch in Texas

Volvo Autonomous Solutions and DSV launched commercial autonomous freight runs in Texas using a Volvo VNL truck with Aurora’s driver system, operating between Dallas and Houston with a safety driver on board. Aurora shares rose 15% after the announcement, valuing the company at $16.2 billion. Aurora reported $1 million in Q1 revenue and a $223 million net loss, with $273 million in cash and $952 million in short-term investments as of March 31.
13 May 2026
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Archer Aviation Stock Rises As FAA Air Taxi Milestone Runs Into A $218 Million Loss

Archer Aviation Stock Rises As FAA Air Taxi Milestone Runs Into A $218 Million Loss

Archer Aviation shares rose 4.7% Wednesday after the company reported progress on FAA certification for its Midnight air taxi, despite a $217.7 million first-quarter net loss. Midnight has completed Phase 3 of the FAA’s four-phase process but still lacks full type certification. Archer expects initial U.S. operations this year under a federal pilot program. The company ended March with $1.78 billion in cash.
13 May 2026
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Nu Holdings Stock Slides Before Nubank Earnings. The Q1 Bar Is High

Nu Holdings Stock Slides Before Nubank Earnings. The Q1 Bar Is High

Nu Holdings shares fell 3.3% to $12.84 in New York on Wednesday ahead of its first-quarter results, due after the market closes May 14. Analysts expect earnings per share of $0.20 and revenue of $5.06 billion. The company ended 2025 with 131 million customers and record profit, but investors remain cautious over credit quality and funding costs. A conference call is scheduled for 6 p.m. ET Thursday.
13 May 2026
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SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

SoFi acquired PrimaryBid’s technology to expand IPO access for retail investors, confirmed by both companies. SoFi shares fell 2.9% to $15.44 after Truist cut its price target, citing concerns over loan and technology platforms. The acquisition follows a drop in technology-platform accounts and comes as SoFi reported strong first-quarter revenue and member growth. Terms of the deal were not disclosed.
13 May 2026
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Navitas Stock Jumps After $122 Million Raise: Why The AI Power Chip Bet Matters Now

Navitas Stock Jumps After $122 Million Raise: Why The AI Power Chip Bet Matters Now

Navitas Semiconductor raised about $122 million in net proceeds from an at-the-market share sale, nearly completing a $125 million program launched two days earlier, according to a securities filing. The company sold over 6.5 million Class A shares as of May 12. Navitas shares rose 10.5% to $21.28, valuing the company at $4.9 billion. First-quarter revenue fell to $8.6 million from $14 million a year earlier.
13 May 2026
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POET Technologies Stock Is Back in Focus After COO Hire, Marvell Fallout and Class-Action Deadline

POET Technologies Stock Is Back in Focus After COO Hire, Marvell Fallout and Class-Action Deadline

POET Technologies appointed Sandeep Kumar chief operating officer on May 11 as it prepares its Malaysia plant for higher-volume production. The move comes after Marvell Semiconductor canceled all Celestial AI purchase orders and a U.S. securities lawsuit was filed against POET and two executives. POET shares rose 1.4% to $13.92 in early afternoon trading, with volume above 26 million shares.
13 May 2026
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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

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.
13 May 2026
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Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

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

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.
13 May 2026
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Ford Stock Just Jumped. Ford Energy Is Why Wall Street Is Looking Again

Ford Stock Just Jumped. Ford Energy Is Why Wall Street Is Looking Again

Ford shares jumped 8.5% to $13.01 Wednesday after Morgan Stanley highlighted the company’s CATL-licensed energy storage business as a potential earnings driver. Ford Energy, launched May 11, plans to supply battery storage systems to U.S. data centers and utilities from its Kentucky plant, with first deliveries set for late 2027. Morgan Stanley estimates the unit could generate $500–$600 million in annual EBIT at 20 GWh capacity.
13 May 2026
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Stock Market Today: Dow Drops as Hot Inflation Data Puts Fed Rate Cuts on Ice

Stock Market Today: Dow Drops as Hot Inflation Data Puts Fed Rate Cuts on Ice

The U.S. producer price index jumped 1.4% in April, its largest monthly rise since March 2022, pushing the S&P 500 down 0.10% and the Dow off 0.35% late Wednesday morning. The Nasdaq edged up 0.07% as chip stocks rebounded, with the Philadelphia semiconductor index gaining 1.7%. Traders increased bets on no Fed rate cuts this year after the inflation data.
13 May 2026
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Stock Market Today

  • Asian Shares Rally, Oil Prices Dip as Trump Claims Iran War Talks Progress
    June 12, 2026, 2:32 AM EDT. Asian shares surged sharply, with South Korea's Kospi jumping 7.8% and Tokyo's Nikkei rising 3.5%, following U.S. President Donald Trump's claim of a breakthrough in Iran war talks. Key tech stocks led gains, including Samsung Electronics (+11.2%) and Tokyo Electron (+10.3%). Oil prices eased amid optimism after Trump called off military strikes, with Brent crude down 1.7% to $88.87 per barrel. The development eased earlier market jitters from heightened U.S.-Iran tensions that had pushed oil prices and inflation concerns higher. Market experts expressed caution, citing fragile ceasefire prospects. Wall Street also rallied notably, with the S&P 500 up 1.8%. The geopolitical shift boosted investor sentiment but details on the deal remain sparse.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
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