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Stock Market 10 May 2026

CoreWeave Stock Draws Cathie Wood Buying and a Wells Fargo Target Raise After AI Cloud Selloff

CoreWeave Stock Draws Cathie Wood Buying and a Wells Fargo Target Raise After AI Cloud Selloff

ARK funds bought 113,076 shares of CoreWeave for $12.9 million after the Nvidia-backed firm’s stock fell 11% on weak guidance. CoreWeave reported a $740 million quarterly loss and raised its 2026 capital expenditure forecast to $31 billion. Wells Fargo raised its price target to $155, while Truist kept a Hold rating. CoreWeave’s revenue backlog reached $99.4 billion.
SoundHound AI Stock Fell After Record Revenue. Cash Burn Is What Spooked Wall Street

SoundHound AI Stock Fell After Record Revenue. Cash Burn Is What Spooked Wall Street

SoundHound AI shares dropped 7.8% to $8.88 Friday after posting record Q1 revenue of $44.2 million, up 52%, but reporting a wider adjusted EBITDA loss of $26.7 million and lower gross margin. Investors cited concerns over cash burn, margins, and the cost of acquisitions, including the planned $43 million LivePerson deal. The company maintained its 2026 revenue forecast of $225–$260 million.
10 May 2026
Super Micro Stock Faces Monday Test as AI Server Rally Runs Into China Export Cloud

Super Micro Stock Faces Monday Test as AI Server Rally Runs Into China Export Cloud

SiamAI denied exporting AI servers to China, following allegations it helped circumvent U.S. export controls on Super Micro Computer and Nvidia chips. Super Micro shares closed Friday at $35.37, up 5.2%. The company reported fiscal Q3 net sales of $10.2 billion and net income of $483 million. U.S. markets reopen Monday, with the stock under scrutiny over export risks.
Opendoor Stock Just Got a Hard Profit Test After Q1 Loss Widened

Opendoor Stock Just Got a Hard Profit Test After Q1 Loss Widened

Opendoor Technologies reported a wider first-quarter net loss of $173 million and revenue fell to $720 million, as homes sold dropped to 1,921. The company expects second-quarter adjusted EBITDA to be near break-even and forecasts revenue to rise about 25% from the first quarter. Shares last traded at $5.01, down 31 cents. Gross margin improved to 10.0%, and aged inventory fell to 10%.
Eos Energy (EOSE) Stock Jumps 26% Before Q1 Results As Battery Ramp Faces Hard Test

Eos Energy (EOSE) Stock Jumps 26% Before Q1 Results As Battery Ramp Faces Hard Test

Eos Energy Enterprises shares surged 25.9% to $8.01 Friday, with trading volume hitting 53.9 million ahead of its May 13 first-quarter earnings report. The company pre-announced revenue of $56–$57 million, citing record shipments and output. Eos completed factory acceptance testing for its second battery line, targeting initial production by quarter’s end. Alessandro Lagi will become CFO on June 8.
SoFi Technologies CEO Buys the Dip After Selloff. Investors Still Want a Bigger Answer

SoFi Technologies CEO Buys the Dip After Selloff. Investors Still Want a Bigger Answer

SoFi CEO Anthony Noto bought 15,878 shares for about $249,769 on May 8, raising his direct stake to 11.93 million shares, according to an SEC filing. The move followed a 12% stock drop after SoFi kept its 2026 revenue outlook unchanged despite record first-quarter results. Net revenue rose 43% to $1.10 billion, net income more than doubled to $166.7 million, and deposits reached $40.2 billion.
10 May 2026
BlackBerry Stock Rally Faces New Test as 26.8 Million-Share Buyback Starts

BlackBerry Stock Rally Faces New Test as 26.8 Million-Share Buyback Starts

BlackBerry’s renewed share buyback begins May 12, allowing repurchase of up to 26.8 million shares after its U.S. stock hit a one-year high. The move follows strong QNX software results and comes weeks after the company declared its turnaround complete. BlackBerry has not committed to a fixed number of shares and may buy on multiple exchanges. Any repurchased shares will be cancelled.
Tesla Stock Rally Faces a Bigger Test Than China Sales: Europe’s Full Self-Driving Decision

Tesla Stock Rally Faces a Bigger Test Than China Sales: Europe’s Full Self-Driving Decision

Tesla is seeking approval from Irish authorities for its Full Self-Driving software, RTÉ reported Sunday. The move follows provisional approval in the Netherlands and comes amid divided opinions among European regulators over safety and branding. Tesla shares closed at $428.35 after gains linked to China sales and AI optimism. The company did not respond to regulatory concerns raised in several Nordic countries.
Coterra Energy Stock Vanishes From NYSE After Devon Deal — What Investors Get Now

Coterra Energy Stock Vanishes From NYSE After Devon Deal — What Investors Get Now

Devon Energy completed its all-stock merger with Coterra Energy, removing Coterra from the NYSE as of May 7. Each Coterra share was converted into 0.70 Devon shares plus cash for fractional shares. Devon announced an $8 billion buyback plan and raised its fixed dividend to 32 cents per share. The combined company is headquartered in Houston and trades under the “DVN” ticker.
Intel Stock Surges on Apple Chip Deal Report: Why Intel Foundry Faces Its Biggest Test

Intel Stock Surges on Apple Chip Deal Report: Why Intel Foundry Faces Its Biggest Test

Intel has reached a preliminary agreement to manufacture some chips for Apple, according to the Wall Street Journal, though neither company commented and details remain unclear. Intel shares jumped 13.9% Friday, while Apple rose 2%. The U.S. government reportedly played a major role in the talks. Intel Foundry posted a $2.44 billion operating loss last quarter despite $5.4 billion in revenue.
US Stock Market Week Ahead: Wall Street’s Record Rally Faces a Make-or-Break CPI Week

US Stock Market Week Ahead: Wall Street’s Record Rally Faces a Make-or-Break CPI Week

The S&P 500 and Nasdaq closed at record highs Friday, with the S&P 500 up 0.84% to 7,398.93 and the Nasdaq gaining 1.71% to 26,247.08. Investors await April inflation and retail sales data this week, with the Labor Department set to release CPI figures Tuesday. Cisco and Applied Materials will report earnings, while Chinese and U.S. officials meet for trade talks in South Korea starting May 12.
10 May 2026
MARA Holdings Stock Faces a Monday Test After Its $1.5 Billion Long Ridge Power Bet

MARA Holdings Stock Faces a Monday Test After Its $1.5 Billion Long Ridge Power Bet

MARA Holdings will report first-quarter results before a 5 p.m. webcast on May 11, as investors watch its $1.5 billion deal to buy Long Ridge Energy & Power. The company seeks noteholder approval to avoid triggering a $600 million bond buyback tied to the acquisition. MARA closed Friday at $12.94, up 2%. The deal would give MARA a 505-megawatt Ohio gas plant and land for AI data-center expansion.

Stock Market Today

  • Fifth Third Bancorp Moves to NYSE, Retains FITB Ticker
    June 12, 2026, 10:46 AM EDT. Fifth Third Bancorp will begin trading on the New York Stock Exchange (NYSE) on June 12, transferring from Nasdaq while keeping its FITB ticker symbol. The Cincinnati-based bank's move follows its recent acquisition of Comerica Bank and plans to establish a Texas headquarters near Dallas. Tim Spence, CEO, highlighted the transition aimed at delivering long-term value to shareholders. NYSE President Lynn Martin hailed the transfer as the largest bank move in history, welcoming Fifth Third to the NYSE community. The bank's depository shares will trade under new ticker symbols to be announced later.

Latest articles

Charles Schwab Expands Money Talk as Fresh Filings Show Farallon, Elevation Point Cut SCHW Stakes

Options Get Attention as Schwab’s STAX Bounces With AI Stocks

12 June 2026
Schwab’s Trading Activity Index jumped to 55.08 in May from 50.10 in April as retail investors returned to equities—especially tech stocks—while also shifting toward ETFs and options for risk management, signaling renewed participation in the AI-led rally but with increased caution, according to Schwab’s monthly data.
Fifth Third Begins NYSE Trading After Leaving Nasdaq

Fifth Third Begins NYSE Trading After Leaving Nasdaq

12 June 2026
Fifth Third Bancorp completed the largest bank transfer in NYSE history as its shares began trading on the exchange June 12 under the unchanged ticker FITB, with stock up 1.35% to $54.14 in early trading after closing at $53.42 on Nasdaq; the move follows its merger with Comerica, forming the ninth-largest U.S. bank with $294 billion in assets.
Tesla Shares Bounce After Belgium FSD Approval Puts Eyes Back on Europe Autonomy

Tesla Shares Slip as SpaceX’s $75 Billion IPO Shakes Up Musk Plays

12 June 2026
SpaceX’s record $75 billion IPO at $135 per share values the company at $1.77 trillion, surpassing Tesla and Meta, while Tesla shares fell nearly 10% this week as investors reportedly sold TSLA to buy into SpaceX’s massive retail allocation, raising concerns about ongoing selling pressure and shifting Musk-linked capital.
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