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Stock Market 12 May 2026

D-Wave’s Bookings Spike Keeps QBTS in Play, but the Revenue Math Still Has to Catch Up

D-Wave’s Bookings Spike Keeps QBTS in Play, but the Revenue Math Still Has to Catch Up

D-Wave reported first-quarter bookings of $33.4 million, up nearly 2,000% from a year earlier, driven by a $20 million system sale to Florida Atlantic University. Revenue dropped 81% to $2.9 million, and net loss widened to $18.4 million. QBTS shares closed Monday up 6.47% at $24.03. Operating expenses more than doubled to $56.5 million, partly due to the Quantum Circuits acquisition.
FuelCell Energy Stock Hits 52-Week High as AI Data Center Power Bets Lift FCEL

FuelCell Energy Stock Hits 52-Week High as AI Data Center Power Bets Lift FCEL

FuelCell Energy shares surged 16.35% to a 52-week high of $15.94 Monday, with trading volume tripling the average, as investors bet on fuel cells for powering AI data centers. The company reported Q1 revenue of $30.5 million and a net loss of $26.1 million. FuelCell’s backlog fell to $1.17 billion, and management outlined plans to expand factory capacity in Connecticut. Plug Power and Bloom Energy shares also rose sharply.
Navitas Semiconductor Stock Rally Hits $125 Million Test After India GaN Launch

Navitas Semiconductor Stock Rally Hits $125 Million Test After India GaN Launch

Navitas Semiconductor filed to sell up to $125 million in Class A stock through an at-the-market program after its shares surged 24% to $22.65, following an India product launch with Cyient Semiconductors. The share sale, part of a $250 million shelf registration, names Craig-Hallum and UBS as agents. First-quarter revenue rose to $8.6 million, but the company posted a $27.8 million GAAP operating loss.
Sega Cancels ‘Super Game’ as Live-Service Gamble Runs Out of Road

Sega Cancels ‘Super Game’ as Live-Service Gamble Runs Out of Road

Sega Sammy has canceled its “Super Game” project and shifted over 100 developers to core franchise teams, citing weak free-to-play performance and losses at Rovio and Stakelogic. The company reported a net loss of ¥5.8 billion for the year ended March 31, despite a 13.7% rise in net sales to ¥487.5 billion. Sega will continue with planned revivals of key titles but most lack release dates.
Gasoline Price Today: RBOB Rises as Hormuz Risk Beats Pump-Price Relief Talk

Gasoline Price Today: RBOB Rises as Hormuz Risk Beats Pump-Price Relief Talk

RBOB gasoline futures rose about 2% to $3.67 a gallon early Tuesday, tracking gains in crude and heating oil as U.S.-Iran talks stalled and Strait of Hormuz flows faced disruption. U.S. gasoline inventories fell 2.5 million barrels, now 4% below the five-year average. AAA reported the national pump average at $4.504 a gallon. President Trump said he would seek to suspend the federal gasoline tax, pending congressional approval.
12 May 2026
Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Brent crude traded near $107 a barrel and WTI at $101 on Tuesday as OPEC output fell by 830,000 barrels per day in April, the lowest in over 20 years. Saudi Aramco warned the market is losing about 100 million barrels a week with only a handful of tankers crossing the Strait of Hormuz daily. Traders cited stalled U.S.-Iran talks and ongoing Hormuz disruptions as key drivers. Prediction markets see a slow return to normal traffic.
12 May 2026
Australia Stock Market Today: ASX 200 Falls as Banks Drop Before Budget, Miners Rally on Copper

Australia Stock Market Today: ASX 200 Falls as Banks Drop Before Budget, Miners Rally on Copper

The S&P/ASX 200 fell 0.36% to 8,670.7 on Tuesday, led lower by banks, tech stocks, and CSL ahead of the federal budget. ANZ and NAB dropped 2.1% each, while Life360 plunged 10.9% after a user-growth glitch despite strong revenue. DroneShield slid 9.9% after disclosing an ASIC probe. Miners rose, with BHP up 2.5% as copper hit a record high.
WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

WORK Medical Technology Group’s Nasdaq-listed shares surged 206% Monday to $3.92 after announcing an AI partnership with Shanghai Novabioplus Biotechnology. The stock swung between $0.19 and $4.09 before falling 48% in early Tuesday premarket. The companies plan to develop AI-driven models for protein and biological data but disclosed no financial terms or customer details.
Microvast Stock Slides After MVST Q1 Earnings: 48% Revenue Drop Raises Liquidity Stakes

Microvast Stock Slides After MVST Q1 Earnings: 48% Revenue Drop Raises Liquidity Stakes

Microvast Holdings reported first-quarter revenue of $60.6 million, down 48% from a year earlier, citing delivery delays and regional pressures. Adjusted results swung to a $14.6 million loss, while cash use rose and the company warned current funds may not cover operations for the next year without new financing. Shares fell about 5% early Tuesday. Gross margin dropped to 31.6% from 36.9%.
IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ shares rose 15.54% to $56.89 Monday after SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition. The vote clears a major hurdle, but the deal still needs regulatory approval. SkyWater shareholders will receive $15 in cash and $20 in IonQ stock per share. IonQ reported first-quarter revenue of $64.7 million, up 755% from a year earlier.
India Stock Market Today: Nifty Falls as Rupee Hits Record Low

India Stock Market Today: Nifty Falls as Rupee Hits Record Low

Indian stocks fell for a fourth session Tuesday, with the Nifty 50 down 1.45% and Sensex losing 1.63% as the rupee hit a record low and Brent crude climbed above $106 a barrel. Foreign investors have pulled over $20 billion since the Iran war began. IT shares dropped sharply after OpenAI’s new AI venture, while ONGC and Oil India gained on royalty cuts. Consumer inflation data is due at 4 p.m. IST.
12 May 2026
Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti reported first-quarter revenue of $4.4 million, up from $1.5 million a year earlier, but posted a $26.0 million operating loss as spending on research and system development rose. The company launched its 108-qubit system on major cloud platforms and ended March with $569 million in cash and no debt. Shares closed at $20.51, up 8.29% before results.
AST SpaceMobile Stock: Q1 Miss Puts $3.5 Billion Cash Cushion And 2026 Satellite Bet In Focus

AST SpaceMobile Stock: Q1 Miss Puts $3.5 Billion Cash Cushion And 2026 Satellite Bet In Focus

AST SpaceMobile posted a first-quarter net loss of $191 million, with revenue rising to $14.7 million but still missing estimates. The company maintained its 2026 revenue forecast and said three BlueBird satellites remain on track for a mid-June Falcon 9 launch. Cash at quarter’s end stood at $3.46 billion. AST recently received U.S. regulatory approval triggering a $45 million Verizon prepayment.
12 May 2026
Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Inc. shares jumped 14% in premarket trading after first-quarter revenue surged to $3.7 million from $39,000 a year earlier, mainly due to acquisitions of Luminar Semiconductor and NuCrypt. The company posted a $4.1 million net loss and $19.8 million in operating expenses, ending March with $1.4 billion in cash and $16 million in contract backlog.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.05.2026

LIVEMarkets rolling coverageStarted: May 12, 2026, 12:00 AM EDTUpdated: May 12, 2026, 11:59 PM EDT Texas Stock Exchange Leases Space at Uptown Dallas Bank of America Tower May 12, 2026, 11:53 PM EDT. The Texas Stock Exchange (TXSE) signed a lease at the Bank of America Tower at Parkside in Dallas, aiming to establish its Texas Market Center headquarters. The lease contains conditions allowing TXSE to exit without penalties if the city denies approval of an electronic ticker on the tower. Backed by major investors including BlackRock, Goldman Sachs and Citadel Securities, TXSE secured SEC approval last fall to challenge
12 May 2026
US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

The S&P 500 and Nasdaq closed at record highs Monday, lifted by a surge in semiconductor stocks. After-hours, BuzzFeed soared on news of Byron Allen’s $120 million stake and CEO appointment, while GoPro jumped after announcing a strategic review. Hims & Hers fell following a surprise quarterly loss. Investors await Tuesday’s inflation data amid shifting Fed rate cut expectations.

Stock Market Today

  • Leverage Shares Unveils World's First 3x Leveraged SpaceX ETP on LSE
    June 12, 2026, 6:22 AM EDT. Leverage Shares launched six new leveraged and inverse exchange-traded products (ETPs) on the London Stock Exchange, including the first-ever 3x leveraged SpaceX ETP, coinciding with SpaceX's public market debut. The new offerings include exposure to SpaceX, AI chipmaker Cerebras Systems, and memory semiconductor firms Samsung Electronics and SK Hynix, alongside long and short DRAM-focused ETPs. These products, trading under the tickers ELON and MUSK, provide investors with amplified and inverse exposure to these sectors. Leverage Shares reported a record $1.6 billion assets under management and robust trading activity, with $8.1 billion turnover in the first five months of 2026. The firm aims to equip traders with advanced tools amid significant market events.

Latest articles

SoFi Stock Bounces as Investors Eye S&P 500 and Bull Case

SoFi Stock Bounces as Investors Eye S&P 500 and Bull Case

12 June 2026
SoFi surged 5.04% to $16.67 Thursday and traded higher pre-market after Wall Street’s rally, but with a high beta and a “Hold” analyst consensus, the stock remains best suited for risk-tolerant, long-term investors as it missed S&P 500 inclusion and faces valuation concerns despite strong Q1 growth.
Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

12 June 2026
Virgin Galactic soared 21.66% to $5.73 on surging volume as investors snapped up space stocks ahead of SpaceX’s IPO, with the company also redeeming $30.524 million in debt by issuing 6.7 million shares, reducing interest costs but adding dilution; after-hours trading pushed shares up another 13.26% to $6.49, even as Wall Street’s average price target remains below Thursday’s close.
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