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Stock Market 12 May 2026

Why Broadwind Stock Is Surging: Investors Reprice a Wind Exit Into a Power-Demand Story

Why Broadwind Stock Is Surging: Investors Reprice a Wind Exit Into a Power-Demand Story

Broadwind shares surged about 70% to $3.46 Tuesday after its Q1 loss of $0.02 per share beat estimates and revenue topped forecasts at $34.06 million. Orders rose 23% despite total revenue falling 7.5% year over year. The company recently sold its Texas facility and withdrew 2026 guidance following its wind-tower exit. Trading volume exceeded 10 million shares.
12 May 2026
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GitLab Layoffs Send Stock Lower as AI ‘Agentic Era’ Bet Tests Investor Patience

GitLab Layoffs Send Stock Lower as AI ‘Agentic Era’ Bet Tests Investor Patience

GitLab Inc. will cut jobs and restructure global operations to fund artificial-intelligence agents, sending shares down 9.6% to $23.18 Tuesday. The company did not specify the number of roles affected. CEO Bill Staples said most savings will be reinvested, with details expected at the June 2 earnings call. Raymond James downgraded the stock, citing execution risks and slowing growth.
12 May 2026
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NuScale’s Selloff Is About More Than a Q1 Miss: Investors Want Contracts, Not Nuclear Optionality

NuScale’s Selloff Is About More Than a Q1 Miss: Investors Want Contracts, Not Nuclear Optionality

NuScale Power shares fell 11.4% to $11.78 Tuesday after Citi cut its price target to $7 and the company reported Q1 revenue of $565,000, far below the $7 million consensus. Net loss widened to $44 million from $14 million a year earlier. Trading volume reached 28.7 million shares by mid-afternoon. NuScale cited completed engineering work and lower licensing revenue for the drop.
12 May 2026
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USBC Stock Spikes as a Thin Float Turns a Tokenized-Deposit Bet Into a Momentum Trade

USBC Stock Spikes as a Thin Float Turns a Tokenized-Deposit Bet Into a Momentum Trade

USBC shares surged nearly 59% to $0.81 Tuesday, hitting $0.8824 intraday on over 71 million shares traded, despite no new company news. The move came as Bitcoin and crypto stocks fell, making USBC an outlier. Volume was almost six times the float, with short interest low. Traders cited the firm’s tokenized deposit plans and Bitcoin treasury strategy.
12 May 2026
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PACS Group Stock Jumps as Raised EBITDA Outlook Cuts Through Regulatory Noise

PACS Group Stock Jumps as Raised EBITDA Outlook Cuts Through Regulatory Noise

PACS Group shares surged 23% Tuesday after Q1 results beat estimates, with revenue up 11.2% to $1.42 billion and net income rising to $80.7 million. The company raised its 2026 adjusted EBITDA outlook to $605–$625 million and authorized a $250 million buyback. PACS still faces DOJ and SEC investigations and internal-control issues. Over 2.1 million shares traded as the stock hit $41.63 before settling near $39.30.
12 May 2026
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Under Armour’s Selloff Shows Investors Still Don’t Trust the Turnaround Math

Under Armour’s Selloff Shows Investors Still Don’t Trust the Turnaround Math

Under Armour shares plunged nearly 20% Tuesday after the company forecast fiscal 2027 adjusted earnings of 8 to 12 cents per share, far below analysts’ 23-cent estimate. Revenue for the quarter fell 1% to $1.17 billion, with North America sales down 7%. The company raised its restructuring cost estimate to $305 million and expects the overhaul to finish by the end of 2026.
12 May 2026
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Apple Holds Up as Hot Inflation Hits Tech, With Investors Paying for iPhone Demand and AI Optionality

Apple Holds Up as Hot Inflation Hits Tech, With Investors Paying for iPhone Demand and AI Optionality

Apple shares rose 0.4% to $293.85 at midday Tuesday, outperforming Microsoft, Alphabet and Nvidia, which traded lower. The stock gained after record March-quarter results, a $100 billion buyback, and anticipation for AI announcements at WWDC. The S&P 500 fell 0.9% and Nasdaq dropped 1.6% as inflation rose 3.8% in April. Apple reported $111.2 billion in quarterly revenue and raised its dividend to $0.27 per share.
12 May 2026
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RKLB Stock Pulls Back After Breakout as Neutron Demand Starts to Set the Price

RKLB Stock Pulls Back After Breakout as Neutron Demand Starts to Set the Price

Rocket Lab shares fell 2.4% to $114.58 Tuesday after hitting an all-time high of $123.94 Monday, following a 40% rally last week. The company reported Q1 revenue of $200.3 million, a $2.2 billion backlog, and more launch contracts booked in three months than in all of 2025. Investors cited both profit-taking and continued bullish sentiment on Neutron and defense demand.
12 May 2026
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SoFi Stock Slips as Truist Puts the Lending-Platform Question Back in Front of Investors

SoFi Stock Slips as Truist Puts the Lending-Platform Question Back in Front of Investors

SoFi Technologies traded near $15.75 midday Tuesday, down 51 cents, after Truist cut its price target to $17 and maintained a Hold rating. The move followed record Q1 results but reflected investor doubts about the strength of SoFi’s technology and loan-platform businesses. SoFi’s recent PrimaryBid acquisition did not offset the pressure. Other fintech stocks, including Upstart and Robinhood, also fell.
12 May 2026
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Circle Stock Gives Back Its Earnings Pop as Arc Ambition Meets Rate Reality

Circle Stock Gives Back Its Earnings Pop as Arc Ambition Meets Rate Reality

Circle Internet Group shares fell 5.1% to $125.05 by late morning Tuesday after an early surge post-earnings. Revenue for the quarter rose 20% to $694 million but missed one forecast, while net income dropped 15% to $55 million. USDC in circulation climbed 28% to $77 billion. The stock swung from $139.63 to $122.20 as investors weighed growth against rate-sensitive income.
12 May 2026
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Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla shares fell 3.9% to $427.60 by midday Tuesday after April inflation data came in hotter than expected and Reuters reported slow progress in Tesla’s Texas robotaxi rollout. The stock had surged in recent days on optimism over AI and China, but concerns about execution and valuation resurfaced. Reuters tests found long waits and limited robotaxi availability in Austin, with about 50 Tesla vehicles versus over 250 for Waymo.
12 May 2026
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PayPal Stock Stalls Near $45 as Truist Cut Tests the Lores Turnaround

PayPal Stock Stalls Near $45 as Truist Cut Tests the Lores Turnaround

PayPal shares hovered near $45 midday Tuesday, little changed despite a price target cut to $44 and a maintained Sell rating from Truist. The firm cited rising rewards spending and soft international payment volume. PayPal reported Q1 total payment volume up 11% to $463.96 billion, but projected a 3% drop in Q2 transaction margin dollars and a 9% decline in adjusted EPS.
12 May 2026
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Hims & Hers’ GLP-1 Reset Hits the Stock as Investors Reprice Growth Quality

Hims & Hers’ GLP-1 Reset Hits the Stock as Investors Reprice Growth Quality

Hims & Hers Health shares fell 14.6% to $24.89 Tuesday after a Q1 net loss of $92.1 million, reversing a $49.5 million profit a year ago. Revenue rose 4% to $608.1 million, but gross margin dropped to 65% from 73% as the company shifted from compounded GLP-1s to branded drugs like Wegovy and Ozempic. Subscribers climbed to 2.584 million, while monthly revenue per subscriber slipped to $80.
12 May 2026
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POET Stock Rebounds as New COO Gives AI-Photonics Rally a Fresh Test

POET Stock Rebounds as New COO Gives AI-Photonics Rally a Fresh Test

POET Technologies named Sandeep Kumar as chief operating officer, triggering a 2.95% stock rise to $14.31 on heavy volume after shares hit $15.15 intraday. Kumar, formerly of Silicon Labs, will oversee Malaysia manufacturing as the company targets high-volume production. The move comes after Marvell canceled Celestial AI orders, which had weighed on the stock. Broader tech indices fell Tuesday, but POET shares outperformed.
12 May 2026
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Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

The Dow fell 297.98 points to 49,406.49 at 10:00 a.m. ET after April CPI data showed a 3.8% annual rise and energy prices jumped 17.9%. Goldman Sachs and Caterpillar led declines, accounting for most of the drop. The S&P 500 lost 0.57% and the Nasdaq slid 0.92%. Traders pulled back bets on near-term Fed rate cuts as oil topped $100.
12 May 2026
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US Stock Market Live: Hot CPI and Oil Shock Break Wall Street’s Record Run

US Stock Market Live: Hot CPI and Oil Shock Break Wall Street’s Record Run

U.S. stocks fell Tuesday after April CPI rose 0.6%, with energy and shelter driving inflation above forecasts. The S&P 500 ETF dropped 0.7%, Nasdaq-tracking QQQ lost 1.2%, and small caps slid 1.8% by mid-morning. Treasury yields climbed, and prediction markets showed a high chance of no Fed rate cuts in 2026. Brent crude jumped 3.4% to $107.72 as Middle East tensions disrupted oil flows.
12 May 2026
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Stock Market Today

  • S&P 500 Futures Rise as Energy Inflation Challenges Fed Patience
    June 12, 2026, 5:06 AM EDT. US stock futures climbed, with E-mini S&P 500 up 0.8%, as investors monitor persistent energy-driven inflation. May consumer prices rose 0.5%, led by a 7% jump in gasoline costs, straining household budgets and lifting mortgage rates to 6.6%. Producer price growth is forecast to slow to 0.7% monthly, raising questions about the Federal Reserve's ability to stay patient on interest rates. Tech and rate-sensitive sectors like housing and small caps remain in focus. Key gainers included Sandisk (+14.5%) on AI memory demand and Coupang (+14.1%) after a data breach fine deemed manageable. Oracle (-8.5%), Autodesk (-7.1%), and Adobe (-6.3%) fell on mixed earnings and guidance. Investors await fresh US manufacturing, housing, and global trade data for clearer economic direction.

Latest articles

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

12 June 2026
Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
SpaceX lands $75 billion IPO at $135 a share

SpaceX lands $75 billion IPO at $135 a share

12 June 2026
SpaceX raised $75 billion in the world’s largest IPO, pricing 555,555,555 Class A shares at $135 each for a $1.77 trillion valuation; SPCX begins trading Friday on Nasdaq, with the first trade set to reveal if public investors accept the IPO price amid analyst targets up to $190 and concerns over current losses and index inclusion delays.
AAL rallies 9% as airline stocks surge and Google inks SAF deal

AAL rallies 9% as airline stocks surge and Google inks SAF deal

12 June 2026
American Airlines shares soared 9.17% to $14.65 after announcing a sustainable aviation fuel agreement with Google covering 35 million gallons over three years, as part of a broad airline and stock market rally; early premarket trading indicated a further rise to $14.75, with investors also digesting new shareholder-meeting results and record first-quarter revenue despite a net loss.
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