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Stock Market 13 May 2026

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

Nokia appointed Siemens executive Emma Falck to lead its Mobile Infrastructure unit starting Sept. 1 and join its group leadership team. Nokia shares rose 5.5% in Helsinki after first-quarter profit jumped 54% and sales to AI and cloud customers increased 49%. The company also launched new agentic AI tools for broadband networks. Falck previously held senior roles at Siemens, BCG, and KONE.
VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet

VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet

PJ Millennium entities, linked to a CATL affiliate, agreed to buy up to 650.4 million VNET Class A shares from SDHG-controlled sellers for $1.4486 each. The deal would give the buyers up to 38.1% of VNET, with closing expected in Q4 2026. VNET’s Nasdaq-listed ADRs jumped over 30% in U.S. trading. The transaction involves existing shares and does not inject new capital into VNET.
Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

BofA raised its Coherent Corp. price target to $400, citing demand for high-speed optical transceivers used in AI data centers, but kept a Neutral rating. Coherent reported fiscal Q3 revenue up 21% to $1.81 billion, with Datacenter & Communications revenue jumping 41%. The stock traded near $374. China trade talks and export-control risks remain concerns for the sector.
13 May 2026
Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms

Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms

U.S. producer prices rose 1.4% in April, the largest monthly gain since March 2022, with the Producer Price Index up 6.0% year-over-year, the Bureau of Labor Statistics said Wednesday. Energy prices surged 7.8%, gasoline 15.6%. S&P 500 futures turned negative after the data. The American Petroleum Institute reported U.S. crude inventories fell by 2.2 million barrels last week.
Sivers Semiconductors AB Stock Jumps as MSCI Add Meets Nasdaq Listing Push

Sivers Semiconductors AB Stock Jumps as MSCI Add Meets Nasdaq Listing Push

Sivers Semiconductors shares surged 31.3% to 56.65 crowns after MSCI added the company to its Sweden small-cap index. Shareholders recently approved a private placement of 8.62 million shares at 14.50 crowns each, raising about 125 million crowns. Sivers is preparing accounts to U.S. standards as it considers a dual listing on Nasdaq New York. The company delayed its 2025 annual report to May 15.
Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test

Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test

Britain’s £500 million energy debt relief plan for low-income households remains stalled, as consumer arrears are projected to exceed £7 billion by year-end. Ofgem says the scheme’s launch depends on government data-sharing legislation. Energy UK reports household energy debt has more than doubled in three years. British Gas alone saw over £1 billion in unpaid bills last year.
13 May 2026
CLARITY Act Vote Faces Trump Ethics Fight as Labor, Banks Push Back

CLARITY Act Vote Faces Trump Ethics Fight as Labor, Banks Push Back

The Senate Banking Committee will vote Thursday on the Digital Asset Market Clarity Act, facing late opposition from labor unions, banks, and Democrats citing President Trump’s crypto ties. The latest draft would ban rewards on idle stablecoin balances but allow transaction-based rewards. The American Bankers Association says the bill leaves loopholes. The committee meets May 14 at 10:30 a.m.
13 May 2026
Broadwind Stock Doubles as Wind Exit Turns Into a Power-Generation Repricing

Broadwind Stock Doubles as Wind Exit Turns Into a Power-Generation Repricing

Broadwind shares jumped 117% to $4.41 Tuesday after Q1 results showed a $0.02 per-share loss, beating forecasts, and $34.06 million in revenue. The company reported $37.4 million in new orders and highlighted a shift from wind towers to gas-turbine and power-infrastructure work. Early Wednesday premarket trading held near $4.40. Broadwind recently sold its Abilene, Texas, facility for up to $19.5 million.
Eos Energy Stock Jumps as Cerberus Deal Reframes the Cash-Burn Question

Eos Energy Stock Jumps as Cerberus Deal Reframes the Cash-Burn Question

Eos Energy shares surged over 23% premarket Wednesday after Q1 revenue jumped 445% to $57 million and the company unveiled Frontier Power USA, a Cerberus-backed venture with a 2 GWh capacity reservation. Eos reported adjusted EPS of $0.12, beating forecasts for a loss. Cerberus will commit $100 million in equity, with Eos targeting $150 million via a rights offering. The company used $119.7 million in operating cash in Q1.
13 May 2026
Red Cat Stock Sinks as Discounted $225 Million Sale Tests Drone Boom Thesis

Red Cat Stock Sinks as Discounted $225 Million Sale Tests Drone Boom Thesis

Red Cat priced 23.94 million new shares at $9.40, raising about $225 million and sending RCAT down 12% in premarket trading. The new shares represent nearly 20% dilution for existing holders. Q1 revenue surged 849% to $15.5 million, but the company posted a $26.6 million net loss and used $31.9 million in operating cash. Proceeds are for general corporate purposes, not a specific project.
Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

Nvidia CEO Jensen Huang joined President Trump’s China delegation, fueling speculation about renewed U.S. chip sales to China and lifting Nasdaq 100 futures by 0.82% premarket. Micron shares jumped 6.2%. The market moved on potential policy shifts and inflation concerns. Polymarket and Kalshi data showed traders expect no Fed rate cuts in 2026, pressuring high-valuation AI stocks.

Stock Market Today

  • Flutter Entertainment to Delist from London Exchange, Focus on New York Trading
    June 12, 2026, 3:06 AM EDT. Flutter Entertainment PLC announced plans to delist its ordinary shares from the London Stock Exchange. The company will concentrate its trading activities on the New York Stock Exchange, aiming to streamline operations and enhance shareholder value. This move reflects Flutter's strategic shift towards the U.S. market, where liquidity and investor engagement are expected to be stronger. Investors in both regions will need to adjust to the new trading arrangements as the company phases out its London listing.

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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