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Stock Market 11 May 2026 - 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.
Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack shares closed down 8.0% at $64.50 Monday after UBS cut its price target to $79 from $104, extending losses from last week’s first-quarter miss. The company reported a net loss of $290,000 on revenue of $366.7 million, with adjusted EBITDA down 9.3%. Michelle Hook started as CFO Monday as the chain faces rising beef costs and higher expenses.
D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum will report first-quarter results before markets open Tuesday, with consensus revenue estimates around $4.14 million, sharply below last year’s $15 million. Shares rose 6.5% to $24.03 Monday and traded higher after hours. The company disclosed $32.8 million in bookings as of Feb. 25, including a $20 million sale to Florida Atlantic University. Analyst John McPeake maintained a Buy rating and $43 target ahead of the report.
Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s family office will invest $120 million for a 52% stake in BuzzFeed, making him chairman and CEO and moving founder Jonah Peretti to a new AI-focused role. Allen Family Digital will pay $20 million in cash and issue a $100 million promissory note. BuzzFeed shares surged 156% after the deal, which values the stock at $3 per share, a 265.9% premium to Friday’s close. BuzzFeed’s Q1 revenue fell 12.4% to $31.6 million.
12 May 2026
Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International reported first-quarter net income of $7.3 million, down 62% from a year earlier, with revenue falling 5% to $128.6 million. Shares plunged 17.5% to $62.45 at the Nasdaq close and dropped further in after-hours trading. The company did not issue full-year guidance. Gross margin fell to 22.9% from 29.7% a year earlier.
Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Health shares dropped about 10% after the company missed first-quarter revenue estimates and reported a $92.1 million net loss, reversing a profit from a year earlier. Revenue rose 4% to $608.1 million, but gross margin fell to 65% and operating expenses increased. Subscriber count grew 9%, though monthly revenue per user declined. The company raised its 2026 sales forecast but cut its profit outlook.
e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty shares dropped 9.3% to $55.19 Monday, hitting a new 52-week low ahead of fiscal Q4 results due May 20. The decline followed a Morgan Stanley downgrade citing U.S. market-share losses, despite e.l.f.’s claims of recent gains. Coty and Estée Lauder also fell, signaling broader pressure on beauty stocks. e.l.f. cited higher tariffs and costs, with margins slipping and debt rising after acquiring Rhode.
Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox reported first-quarter revenue of $214.4 million, up 44% from a year earlier, and booked $2.5 billion in new work, pushing backlog to $2.7 billion. Shares jumped about 30% to $18.91 despite a wider net loss of $79.6 million, mainly due to non-cash stock costs. The company cited strong demand from AI data centers and signed a $2.4 billion deal to build four power plants for Base Electron.
Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify shares fell 7.13% to $102.54 Monday after last week’s earnings and the release of annual-meeting materials highlighting an AI governance vote set for June 16. A shareholder proposal asks Shopify to adopt a responsible-use AI policy, which the board opposes. First-quarter revenue rose 34% to $3.17 billion, but investors remain focused on rising expenses and AI strategy.
GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology shares jumped 38.7% Monday to $11.72, with trading and call-option volume far above average. The company reported fiscal 2026 revenue of $25.1 million, up 22%, but posted a $13.2 million net loss. CEO Lee-Lean Shu filed to sell 143,062 shares after the close under a preset plan. GSI recently won a $2 million U.S. Army contract for its Gemini-II AI platform.
Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings shares fell 4.9% to $157.80 Monday, extending losses as travel stocks dropped on concerns over Middle East disruptions. The company cut its full-year revenue growth target to high single digits and forecast slower second-quarter growth. Gross bookings rose 15% to $53.8 billion in Q1, but executives warned of broader impacts if disruptions persist. Expedia and Airbnb also declined.
11 May 2026
Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning shares surged 10.84% to $207.21 Monday after BofA added the company to its “U.S. 1 List,” following last week’s Nvidia partnership. Corning and Nvidia plan to expand U.S. optical connectivity manufacturing, with Nvidia investing over $500 million and additional factory funding. Corning expects to reach a $20 billion annualized sales run rate by end of 2026. First-quarter core sales rose 18% to $4.35 billion.
Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical shares dropped 6.6% Monday to $417.80, hitting a 12-month low after the FDA classified a recall of its SureForm stapler reloads as the most serious type, citing four injuries and one death. The company reported first-quarter revenue up 23% to $2.77 billion, but warned tariffs and safety issues could affect 2026 results. Johnson & Johnson advanced its rival OTTAVA robot in a key gastric-bypass study.
11 May 2026
Dow Jones Today: Why Wall Street Rose After the Bell Despite Oil Shock

Dow Jones Today: Why Wall Street Rose After the Bell Despite Oil Shock

The Dow Jones Industrial Average rose 100.46 points, or 0.20%, to 49,709.62 on Monday, with the S&P 500 and Nasdaq also closing higher. Semiconductor and AI-related chip stocks led gains, offsetting concerns over rising oil prices and stalled U.S.-Iran talks. Investors await the consumer price index for signs of broader inflation. Some airline shares fell as higher crude prices weighed on the sector.
11 May 2026

Stock Market Today

  • Canadian Natural Resources Stock Review: Modestly Undervalued Amid Mixed Performance
    June 12, 2026, 6:59 AM EDT. Canadian Natural Resources (TSX:CNQ) has experienced mixed recent share performance, with a 4.1% decline over the past week and 4.5% over three months, but a strong year-to-date gain of 34.8%. Trading at CA$63.52, the stock is viewed as modestly undervalued with a fair value estimate of CA$71.05, indicating a 10.6% discount. This valuation reflects expected benefits from Canada's infrastructure expansions, like the TMX pipeline and LNG Canada projects, improving market access for CNQ's energy products. Investors should consider potential risks including stricter emission regulations and possible export bottlenecks, which could pressure costs and limit price gains despite stable production. The stock's performance warrants close analysis of growth prospects and market conditions.

Latest articles

OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

12 June 2026
SpaceX’s $75 billion IPO sets a $1.77 trillion valuation benchmark as it prepares to begin Nasdaq trading Friday, more than doubling Saudi Aramco’s 2019 record and making SpaceX one of the most valuable U.S.-listed companies, with the first sessions expected to influence how investors and bankers approach upcoming OpenAI and Anthropic IPOs.
Rocket Lab Gains Nasdaq-100 Inclusion, Shares Jump: Price Action, Risk and Catalyst Details

Rocket Lab Gains Nasdaq-100 Inclusion, Shares Jump: Price Action, Risk and Catalyst Details

12 June 2026
Rocket Lab will join the Nasdaq-100 before the market opens June 22, triggering index-fund buying; RKLB closed Thursday at $114.78, up 9.26%, and was quoted at $122.98 in extended trading after the news, as investors weigh record Q1 revenue, a $2.2 billion backlog, and upcoming Electron and Neutron launches against continued losses and a high price-to-sales ratio.
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