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Stock Market 7 May 2026

USDA Just Changed SNAP Store Rules: What Retailers Must Stock by Fall

USDA Just Changed SNAP Store Rules: What Retailers Must Stock by Fall

USDA finalized stricter SNAP stocking rules Thursday, requiring stores to offer at least 28 varieties across protein, grains, dairy, and produce, effective fall 2026. Small grocers and convenience stores face new compliance hurdles. Independent grocers welcomed the change but called for flexible rollout. USDA said SNAP retailers process over $90 billion in benefits annually.
7 May 2026
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Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies shares dropped 13% after its Level 3 unit priced $1 billion in 7.5% senior notes due 2037, raising concerns about its debt. First-quarter revenue fell 9% to $2.9 billion, with adjusted loss widening to 47 cents a share. Lumen agreed to buy Alkira for $475 million in cash. Long-term debt stood at $12.96 billion as of March 31, down from $17.44 billion at 2025’s end.
7 May 2026
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Capital One Class Action: Cardholders Say Bank Canceled Rewards They Had Already Earned

Capital One Class Action: Cardholders Say Bank Canceled Rewards They Had Already Earned

Capital One faces a proposed class action in Virginia federal court alleging it canceled earned credit-card rewards after closing customer accounts, even when cardholders were not in default. Plaintiffs NTech Consulting LLC and Nikhil Navkal claim Capital One withheld over $10,000 in rewards and bonuses. The lawsuit follows a separate $425 million settlement over Capital One 360 Savings accounts approved last month.
7 May 2026
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GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova shares dropped $70.96 to $1,048 Thursday afternoon after a recent rally, following news of a Texas power project with Blue Energy aimed at supporting AI data centers. The project will use GE Vernova’s BWRX-300 small modular nuclear reactors and gas turbines, with initial power delivery targeted for 2030. GE Vernova reported $18.3 billion in Q1 orders, up 71% organically.
7 May 2026
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Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software reported a 17% jump in first-quarter revenue to $508.2 million, but a $279 million impairment charge drove its net loss to $347 million. Shares fell 1.8% midday. Adjusted EBITDA rose to $138 million, and free cash flow climbed to $66 million. CEO Matt Bromberg said AI-driven ad system Vector saw revenue rise 80% year over year.
7 May 2026
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Zoetis Stock Tumbles After Guidance Cut as Pet Owners Push Back on Vet Costs

Zoetis Stock Tumbles After Guidance Cut as Pet Owners Push Back on Vet Costs

Zoetis shares dropped about 20% after the company cut its 2026 outlook and missed first-quarter earnings estimates. U.S. companion-animal sales fell 11% amid fewer vet visits and increased competition. The company now expects 2026 adjusted earnings of $6.85 to $7.00 a share, down from a previous forecast of up to $7.10. U.S. revenue declined 8% to $1.1 billion.
7 May 2026
Duolingo Stock Jumps, But the Real Test Is Bookings

Duolingo Stock Jumps, But the Real Test Is Bookings

Duolingo shares rose 7.4% Thursday afternoon to $112.81 after first-quarter results showed revenue up 27% to $292 million and net income of $43.5 million. Daily active users reached 56.5 million, up 21%. The company forecast slower bookings growth, guiding to $283.5 million for the second quarter, as it ramps up AI investment and content expansion.
7 May 2026
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Planet Fitness Stock Plunges After Weak Sign-Ups Trigger 2026 Guidance Cut

Planet Fitness Stock Plunges After Weak Sign-Ups Trigger 2026 Guidance Cut

Planet Fitness shares fell 31% midday Thursday after the company cut its 2026 outlook, citing weaker first-quarter net member adds and lower same-club sales growth, now expected at about 1%. The company paused a planned Black Card price hike and withdrew its three-year forecast. Revenue rose 21.9% to $337.2 million, but net member growth slowed to about 700,000, down from 1 million a year earlier.
7 May 2026
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Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies shares surged over 30% in U.S. trading Thursday after the company forecast a second-quarter rebound and declared a cash dividend. First-quarter revenue reached $199 million, down 2% from the prior quarter but at the top end of guidance. Himax expects Q2 revenue to rise 10–13%, with gross margin near 32%. Automotive chip sales and WiseEye AI for smart glasses drove investor focus.
7 May 2026
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StubHub Stock Faces 13% Earnings Swing as STUB’s May 13 Test Nears

StubHub Stock Faces 13% Earnings Swing as STUB’s May 13 Test Nears

Options traders are pricing in a 13% swing for StubHub Holdings shares ahead of its May 13 earnings report, with the stock near $7.72 on Thursday. The company will release first-quarter results after markets close, following a March report showing 2025 gross merchandise sales of $9.2 billion and revenue of $1.7 billion. StubHub recently agreed to pay $10 million to settle FTC charges over ticket-price disclosure.
7 May 2026
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Dow Jones Today: Dow Falls Below 50,000 as Chip Retreat Tests Wall Street Rally

Dow Jones Today: Dow Falls Below 50,000 as Chip Retreat Tests Wall Street Rally

The Dow Jones Industrial Average fell 303.43 points to 49,607.16 by early afternoon Thursday, slipping below 50,000 after opening above that level. The S&P 500 and Nasdaq hit new highs earlier but lost ground as chip stocks declined and traders awaited Friday’s jobs report. Caterpillar and Merck led Dow losses. Oil prices dropped, with Brent crude down over 3% amid talks of a possible U.S.-Iran deal.
7 May 2026
US Stock Market Today: Dow Slips Below 50,000 as S&P 500, Nasdaq Fight to Hold Record Highs

US Stock Market Today: Dow Slips Below 50,000 as S&P 500, Nasdaq Fight to Hold Record Highs

The Dow slipped below 50,000 by midday Thursday as oil prices fell nearly 3% on hopes for a U.S.-Iran deal, dragging energy shares lower. The S&P 500 and Nasdaq hovered near record highs, with tech stocks steady. Jobless claims rose to 200,000, less than expected. Index funds SPY and DIA were down about 0.2% and 0.5%, respectively, while QQQ was flat.
7 May 2026
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Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Inc. shares fell 2.3% to $59.78 after the company posted $676 million in revenue and $9 million in net income for its fiscal second quarter, reversing a year-earlier loss. The warehouse robotics firm reported a $22.7 billion backlog and forecast third-quarter revenue of $700 million to $720 million. Systems in deployment rose to 70 from 46 a year ago.
7 May 2026
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Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm shares surged 11% to $213.93 Thursday after the company disclosed a leading hyperscaler will receive its custom AI chips later this year. The stock touched $223.58 intraday, lifting its market value to $229 billion. Fiscal Q2 revenue reached $10.6 billion, with $5.4 billion in share buybacks so far in 2026. Investors debated whether Qualcomm remains undervalued as AI chip demand grows.
7 May 2026
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Howmet Aerospace Stock Jumps: HWM Raises 2026 Forecast as Jet Demand Powers Profit Beat

Howmet Aerospace Stock Jumps: HWM Raises 2026 Forecast as Jet Demand Powers Profit Beat

Howmet Aerospace reported first-quarter revenue up 19% to $2.31 billion and adjusted EPS up 42% to $1.22, both above analyst estimates. The company raised its 2026 revenue forecast by $550 million at the midpoint and completed its $1.8 billion acquisition of Consolidated Aerospace Manufacturing in April. Engine Products sales rose 29% to $1.25 billion.
7 May 2026
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Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster has laid off about 350 employees, or 8% of its global workforce, affecting staff in 25 countries. The cuts came a day after parent company Live Nation reported a $371 million operating loss, despite revenue growth. The layoffs follow an April jury verdict finding Live Nation and Ticketmaster illegally monopolized U.S. live event markets; penalties remain pending.
7 May 2026
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CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike shares surged to $503.51 Thursday morning, up $35.44, after launching a new mobile partner app and naming key partner award winners at its Americas Partner Symposium. The stock rebounded from a Wednesday drop, following an upgrade from Mizuho and renewed investor focus on its AI-security strategy. Fourth-quarter revenue rose 23% to $1.31 billion, with annual recurring revenue at $5.25 billion as of Jan. 31.
7 May 2026
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Stock Market Today

  • Rezolve AI Plans $300 Million Buyback Amid Valuation Debate
    June 12, 2026, 6:08 PM EDT. Rezolve AI (RZLV) is under the spotlight after announcing a US$300 million share buyback funded from cash reserves. Trading at US$2.53, the stock gained 5.86% in one day but shows a 9.96% decline over 30 days. The company reaffirmed its 2026 revenue guidance and appointed a new Chief Marketing Officer, signaling confidence in growth. A popular market narrative values the stock at US$10.00, suggesting significant undervaluation, driven by potential recurring revenue growth and improved margins. However, risks around ambitious revenue targets and vendor integrations persist. Contrarily, some models, like Simply Wall St's discounted cash flow analysis, value the stock as low as US$0.15. Investors face a wide valuation gap, weighing Rezolve AI's future growth prospects against execution risks.

Latest articles

Alumis Shares Surge 16% as Traders Eye New Drug Move

Alumis Shares Surge 16% as Traders Eye New Drug Move

12 June 2026
Alumis soared 15.55% to $24.15 on double average volume after strong analyst support and late-stage psoriasis data, but remains a high-risk, loss-making biotech with no approved products; key investor focus is on Phase 2b lupus data due Q3 and a planned psoriasis NDA filing in Q4, with future stock moves hinging on these clinical and regulatory milestones.
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