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Stock Market 8 May 2026

Novavax Stock Jumps As Pfizer Deal Cash Puts Vaccine Turnaround Back In Focus

Novavax Stock Jumps As Pfizer Deal Cash Puts Vaccine Turnaround Back In Focus

Novavax shares jumped 13% Friday after first-quarter revenue reached $139.5 million, beating estimates. Licensing and partner payments, including $30 million from Pfizer’s Matrix-M deal, offset weak COVID-19 vaccine demand. The stock traded at $10.45 with volume over 8.4 million shares. Investors await the company’s appearance at BofA’s health-care conference on May 13.
POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Technologies shares rose Friday, climbing $1.39 to $10.97, despite new shareholder notices tied to a securities class action over its U.S. tax disclosures and cancelled Celestial AI orders. The lawsuit, filed April 28 in New Jersey federal court, names POET, CFO Thomas Mika, and CEO Suresh Venkatesan as defendants. Investors have until June 29 to seek lead plaintiff status for the proposed class.
nLIGHT Stock Jumps as Defense Laser Sales Drive 55% Revenue Surge

nLIGHT Stock Jumps as Defense Laser Sales Drive 55% Revenue Surge

nLIGHT Inc shares jumped 10.3% to $72.98 Friday after reporting a 55.2% surge in Q1 revenue to $80.2 million and a swing to a $645,000 profit, driven by record defense sales. Aerospace and defense accounted for $55.1 million, or nearly 69% of total revenue. The company launched its HADES high-energy laser system for military use. Cash holdings rose to $298.2 million after a February stock offering.
Traws Pharma Stock Jumps As Biotech Targets Hantavirus After Cruise Ship Deaths

Traws Pharma Stock Jumps As Biotech Targets Hantavirus After Cruise Ship Deaths

Traws Pharma said it will advance clinical candidates for hantavirus after a cruise-ship outbreak killed three people, with no lead drug named yet. WHO confirmed five hantavirus cases on the MV Hondius, three fatal, and said person-to-person spread is limited. Traws shares jumped 21.8% after the announcement. The company has no approved products and recently raised $10 million in private funding.
OPEN Stock Drops as Opendoor’s Bigger Q1 Loss Tests Turnaround Hopes

OPEN Stock Drops as Opendoor’s Bigger Q1 Loss Tests Turnaround Hopes

Opendoor Technologies shares fell 4.5% to $5.08 after reporting a first-quarter net loss of $173 million, wider than last year, despite revenue of $720 million topping analyst estimates. The company doubled acquisition contracts to over 5,000 and cut stale inventory, but homes sold dropped to 1,921. General and administrative expenses jumped $104 million, mainly from equity pay. Opendoor forecast Q2 revenue up 25% and adjusted EBITDA near breakeven.
Eos Energy Stock Jumps 22% Before Earnings as AI Power Trade Takes Hold

Eos Energy Stock Jumps 22% Before Earnings as AI Power Trade Takes Hold

Eos Energy shares surged nearly 22% to $7.75 Friday ahead of its May 13 quarterly report, as investors watch for signs of a manufacturing rebound. The company recently projected Q1 revenue of $56–$57 million, below some analyst estimates, and announced a joint development deal with TURBINE-X Energy. A securities class action was filed May 5, alleging fraud tied to operational issues and a steep stock drop.
US Stock Market Today: S&P 500, Nasdaq Hit Records as Jobs Surprise Keeps Wall Street Rally Alive

US Stock Market Today: S&P 500, Nasdaq Hit Records as Jobs Surprise Keeps Wall Street Rally Alive

The S&P 500 and Nasdaq reached record highs midday Friday, lifted by stronger-than-expected April jobs data and gains in Nvidia and Apple. Nonfarm payrolls rose by 115,000 last month while unemployment held at 4.3%. Brent crude traded at $101.65, and the 10-year Treasury yield stood at 4.346%. U.S. consumer sentiment fell to a record low, according to the University of Michigan.
Dow Jones Today: Jobs Beat Keeps Wall Street Rally Alive, But Fed Problem Grows

Dow Jones Today: Jobs Beat Keeps Wall Street Rally Alive, But Fed Problem Grows

The Dow Jones slipped 0.03% to 49,584.21 late Friday morning, lagging the S&P 500 and Nasdaq after April nonfarm payrolls rose by 115,000 and unemployment held at 4.3%. Strong hiring dampened hopes for a Federal Reserve rate cut. Nasdaq tech shares, including Nvidia and Apple, gained over 2%. The University of Michigan’s May sentiment index fell to 48.2 as consumers cited high gasoline prices and tariffs.
Antelope Enterprise Stock Jumps After Bitcoin ‘Genius Plan’ Triggers a $95,000 Buyback

Antelope Enterprise Stock Jumps After Bitcoin ‘Genius Plan’ Triggers a $95,000 Buyback

Antelope Enterprise reported $190,000 in realized gains from its Bitcoin strategy and will use $95,000 for a share buyback starting June 6. Shares surged over 275% to $1.91 in heavy Nasdaq trading, with volume above 162 million. The company’s market value reached about $13.1 million. The board approved the buyback after gains from its “Genius Plan.”
Toast Stock Drops 15% After Q1 Earnings—Why TOST’s Raised 2026 Outlook Wasn’t Enough

Toast Stock Drops 15% After Q1 Earnings—Why TOST’s Raised 2026 Outlook Wasn’t Enough

Toast shares dropped 15% Friday after the company raised its 2026 adjusted EBITDA outlook and reported a 22% jump in first-quarter revenue to $1.63 billion. Net income more than doubled to $126 million, while annualized recurring run-rate climbed 26% to $2.2 billion. The stock fell as investors focused on hardware costs and a lower-than-expected earnings per share.
Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit’s Credit Karma opened its platform to Americans with no credit history, targeting about 17 million “credit invisible” adults. Shares fell 4.4% to $388.85 Friday morning after the move and the launch of a new QuickBooks workforce product. Intuit reports fiscal Q3 results May 20, following a quarter that included the peak U.S. tax season.
Robo.ai Stock Jumps After $100 Million Neurovia Deal: Why the All-Share AI Bet Matters

Robo.ai Stock Jumps After $100 Million Neurovia Deal: Why the All-Share AI Bet Matters

Robo.ai agreed to acquire Neurovia AI Limited for $100 million in stock, sending its Nasdaq-listed shares up about 61% on Friday. The deal, subject to closing conditions, will be paid with 149,097,957 Class B shares priced at $0.6707 each, locked up for up to eight years. Robo.ai reported 2025 revenue of $950,000, down 92% from the previous year, with a net loss of $167.34 million.
Eaton Stock Rebounds After AI Data-Center Orders Surge, But Margin Worries Still Bite

Eaton Stock Rebounds After AI Data-Center Orders Surge, But Margin Worries Still Bite

Eaton shares rose 1.3% to $404.44 in early New York trading Friday after a 5.3% drop the previous session. The company reported record Q1 sales of $7.5 billion and a 240% surge in data-center orders, but segment margins fell to 22.7%. Eaton raised its 2026 organic growth outlook to 9%-11%. KeyBanc lifted its price target to $480, citing strong electrical demand.
Innodata Stock Jumps on AI Revenue Beat: The $51 Million Big Tech Deal Driving INOD Higher

Innodata Stock Jumps on AI Revenue Beat: The $51 Million Big Tech Deal Driving INOD Higher

Innodata shares jumped 89% Friday after the company reported record first-quarter revenue of $90.1 million, up 54% year-over-year, and raised its 2026 growth outlook. New Big Tech contracts could add $51 million in revenue this year, with one expected to become Innodata’s second-largest customer in 2026. Adjusted earnings reached 42 cents a share, beating analyst estimates. The company ended March with $117.4 million in cash.
Wall Street’s New AI Chip Bet Just Took In $1 Billion In One Day

Wall Street’s New AI Chip Bet Just Took In $1 Billion In One Day

Roundhill Investments’ Memory ETF (DRAM) has attracted over $5 billion since its April 2 launch, including $1.1 billion on Thursday, as investors target memory chip makers tied to AI. The ETF traded at $50.59, up 8.7% Thursday morning, with volume above 9 million shares. Samsung, SK Hynix, and Micron make up the bulk of holdings. DRAM has posted inflows every session since launch and is up about 70%.
HawkEye 360 Stock Jumps 30% After $416 Million IPO as Defense-Space Demand Builds

HawkEye 360 Stock Jumps 30% After $416 Million IPO as Defense-Space Demand Builds

HawkEye 360 shares surged 30% in their NYSE debut Thursday, valuing the satellite intelligence firm at $3.15 billion after a $416 million IPO. The company, based in Herndon, Virginia, operates over 30 satellites and reported 2025 sales of $118 million, mostly to the U.S. government. HawkEye plans to use IPO funds to pay down debt and cover a recent acquisition. Most of its revenue comes from the National Reconnaissance Office.

Stock Market Today

  • Bitcoin Hits $59,000 Bottom, Signaling End of Crypto Winter, Says Standard Chartered Analyst
    June 12, 2026, 3:19 PM EDT. Bitcoin has bottomed at around $59,000, marking a 53% decline from its October high and signaling the end of the crypto winter, Standard Chartered analyst Geoffrey Kendrick said. Data from CoinDesk confirms bitcoin hit $59,375 on June 5. Kendrick forecasts bitcoin reaching $100,000 and ether $4,000 by year-end. Key factors include significant bitcoin ETF selling, with over $5.72 billion redeemed since early May, alongside ETF investors reallocating funds to Elon Musk's SpaceX IPO, which debuted on Nasdaq about 26% above its $150 initial price.

Latest articles

Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

12 June 2026
Nu Holdings stock stayed flat after Nubank blamed a false liquidation notice to customers on an operational error, with shares still 36% below their 52-week high despite a $1 billion buyback; the next key catalyst is Q2 earnings in mid-August, as investors weigh strong growth and AI initiatives against rising credit losses and recent reputational risks.
FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

12 June 2026
FreeCast (NASDAQ: CAST) soared 147% to $1.59 on nearly 148 million shares after expanding its DIRECTV partnership to residential and Platform-as-a-Service channels, but the surge came amid extreme volatility, ongoing heavy losses, just $119,302 in cash, and a going-concern warning, with no new financial terms or subscriber targets disclosed.
Cuprina jumps after Nasdaq compliance update, but risks remain

Cuprina jumps after Nasdaq compliance update, but risks remain

12 June 2026
CUPR soared 74% to $4.20 after Cuprina said Nasdaq confirmed it had regained compliance with minimum bid price rules, removing immediate delisting risk following a 1-for-8 share consolidation; Friday’s rally reflects relief over trading continuity, but with 2025 revenue at just US$38,789 and net loss at US$3.63 million, investors now await proof of commercial traction in chronic wound care markets.
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