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Stock Market 7 May 2026

DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash will spend about $100 million on gas relief for drivers in the first half of 2026 as U.S. fuel prices climb, with $50 million booked in Q1 and over $50 million expected in Q2. Shares rose 11% in premarket trading after the company forecast higher second-quarter order value. First-quarter orders rose 27% to 933 million, but revenue missed analyst estimates. CFO Ravi Inukonda said some investments were delayed to fund the program.
US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

S&P 500 and Nasdaq futures hovered near record highs early Thursday after both indexes closed at records Wednesday, boosted by chip stocks. Oil prices fell further as talks progressed on a limited U.S.-Iran deal, with Brent crude trading near $98 a barrel. Weekly U.S. jobless claims are due at 8:30 a.m. ET. Friday’s payrolls report is seen as the main test for the Federal Reserve.
Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Nvidia acquired $500 million in Corning warrant rights as part of a multiyear optical-connectivity agreement. Corning will build three U.S. plants, increase optical capacity tenfold, and add over 3,000 jobs. Corning shares jumped nearly 12% premarket, while Nvidia rose 5.7%. The deal ties Corning’s fiber business more closely to AI data-center expansion.
Publix Leadership Shake-Up: Todd Jones Retires After 46 Years But Keeps Board Seat

Publix Leadership Shake-Up: Todd Jones Retires After 46 Years But Keeps Board Seat

Publix Super Markets executive chairman Todd Jones will retire from that role May 31 after 46 years, remaining as board chairman, the company said. The announcement follows first-quarter results showing sales up 2% to $16.1 billion but net earnings down 21.5% to $794 million, partly due to federal drug-pricing changes. CEO Kevin Murphy said Jones will continue to provide leadership in his board role.
7 May 2026
National Grid Stock Drops Before Results After JPMorgan Cuts Target

National Grid Stock Drops Before Results After JPMorgan Cuts Target

National Grid shares fell 1.56% to 1,278p in London ahead of full-year results due May 14. JPMorgan cut its price target to 1,440p, citing recent trading updates but kept an “overweight” rating. The company has warned that U.S. customer refunds and storm costs will reduce underlying EPS by about 1p. National Grid’s market value stands near £63.5 billion with a 3.66% dividend yield.
HSBC Stock Rebounds, But a $400 Million Private-Credit Hit Still Hangs Over Shares

HSBC Stock Rebounds, But a $400 Million Private-Credit Hit Still Hangs Over Shares

HSBC shares held steady in London Thursday after a $400 million fraud-related charge tied to private credit exposure. The loss followed the collapse of UK mortgage lender Market Financial Solutions and knocked nearly 6% off HSBC stock earlier in the week. First-quarter pretax profit fell to $9.4 billion, missing analyst estimates. The Financial Stability Board warned Wednesday of rising risks from bank links to private credit.
7 May 2026
Rolls-Royce Stock Extends Rally as Buyback and Engine-Hour Outlook Lift RR.L

Rolls-Royce Stock Extends Rally as Buyback and Engine-Hour Outlook Lift RR.L

Rolls-Royce shares climbed 1.1% to 1,293.7p in London on Thursday, extending gains after the company reaffirmed its 2026 profit and cash flow targets and reported a 5% rise in large engine flying hours. The company has repurchased 50.9 million shares under its £2.3 billion buyback. Management maintained guidance despite Middle East disruption concerns. Analyst consensus for 2026 EBIT stands at £4.13 billion.
7 May 2026
Australia Stock Market Today: ASX 200 Rallies as Miners Jump and Energy Shares Crack

Australia Stock Market Today: ASX 200 Rallies as Miners Jump and Energy Shares Crack

The S&P/ASX 200 closed up 0.96% at 8,878.1, led by miners and gold stocks after oil prices fell on hopes of a U.S.-Iran deal. Energy shares dropped, with Woodside Energy down 4.2% and Santos off 3.3%. Materials gained 3.7% as metal prices rose. The government ordered LNG exporters to reserve 20% of output for the east coast market from July 2025, hitting gas-linked stocks.
India Stock Market Today: Nifty Holds Green, Sensex Slips as Auto Stocks Ride Oil Relief

India Stock Market Today: Nifty Holds Green, Sensex Slips as Auto Stocks Ride Oil Relief

The Nifty 50 edged up 0.08% to 24,349.30 while the Sensex slipped 0.03% to 77,936.80 in Thursday afternoon trade, as auto stocks gained and IT, FMCG shares fell. Brent crude dropped 2% to $99 a barrel, easing pressure on the rupee, which strengthened to 94.2525 per dollar. Foreign investors sold 58.35 billion rupees in equities on Wednesday despite a prior rally. Iran-U.S. peace talks remain unresolved.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 07.05.2026

LIVEMarkets rolling coverageStarted: May 7, 2026, 12:00 AM EDTUpdated: May 7, 2026, 11:59 PM EDT 3 ASX Penny Stocks with Market Caps Over A$600 Million May 7, 2026, 11:52 PM EDT. Boss Energy Limited, with a market cap of A$601.93 million, focuses on uranium extraction in Australia and the U.S. Despite reporting a net loss of A$7.92 million, it has no debt and strong short-term assets, trading 44% below estimated fair value. The company expects earnings growth of 52.95% annually. Other notable penny stocks with significant market caps include Regal Partners at A$985.55 million and West African Resources at A$3.62
7 May 2026
Whirlpool Stock Plunges After Q1 Loss, Dividend Halt and Biggest Price Hike in a Decade

Whirlpool Stock Plunges After Q1 Loss, Dividend Halt and Biggest Price Hike in a Decade

Whirlpool shares dropped 16% after the company reported a first-quarter net loss of $85 million, suspended its dividend, and cut its 2026 profit outlook. Net sales fell 9.6% to $3.27 billion as U.S. appliance demand slumped, which Whirlpool linked to the war in Iran. The company plans its largest price hike in over a decade and will cut $150 million in costs. North American EBIT plunged to $6 million from $149 million.
Why Redwire Stock Fell After a Record Backlog: Q1 Miss and $350 Million Share Sale Plan

Why Redwire Stock Fell After a Record Backlog: Q1 Miss and $350 Million Share Sale Plan

Redwire reported first-quarter revenue of $97.0 million, missing analyst estimates and sending shares down about 10% after hours. Net loss widened to $76.5 million, driven by over $44 million in non-recurring costs. The company announced plans to sell up to $350 million in common stock. Backlog reached a record $498.1 million, and 2026 revenue guidance was reaffirmed.
Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet shares jumped up to 24% after the company raised its full-year revenue outlook and posted first-quarter revenue of $1.85 billion, beating estimates. Billings climbed 31% to $2.09 billion, and free cash flow hit a record $1.01 billion. Fortinet also launched new firewalls aimed at AI-driven workloads, positioning itself against rivals like Palo Alto Networks and Cisco.

Stock Market Today

  • Ariadne Australia Insider Buying Indicates Confidence Despite Price Drop
    June 12, 2026, 7:36 PM EDT. Ariadne Australia Limited (ASX:ARA) insiders were net buyers over the past year, with Executive Director Gary Weiss purchasing shares worth AU$106,000 at AU$0.53 each, above the current price of AU$0.48. This insider buying above current levels suggests confidence in the stock's value. Insiders collectively hold 60% of the company's shares, valued at approximately AU$55 million, aligning their interests with shareholders. No insider trades occurred in the last three months, but the year-long buying trend signals optimism about the company's future. Investors should note one warning sign associated with the stock. Insider ownership and transactions remain key indicators of management's commitment and outlook for Ariadne Australia.

Latest articles

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

13 June 2026
Super Micro Computer priced 45.45 million shares at $27.50 and depositary shares linked to 7% mandatory convertible preferred stock, aiming to raise up to $7 billion, sending SMCI down 4.7% to $30.46 as investors weigh dilution risk against $39 billion in non-binding AI server orders and await proof these orders convert to profitable revenue without further margin or share count pressure.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia Market Cap Hovers Near $5 Trillion; Vera China Launch and Blackwell Score Spotlight AI Demand Again

13 June 2026
Nvidia closed at $205.19, up 0.16%, as investors weighed strong AI infrastructure demand—including a $10 billion KKR-led Helix Digital Infrastructure launch with Nvidia as an anchor—against high valuation and risks like stalled China GPU shipments, heavy reliance on TSMC, and potential data-center power shortages, with the next major stock catalyst set for the June 24 annual meeting.
Nokia Oyj Gains 10% After JPMorgan’s AI Move

Nokia Oyj Gains 10% After JPMorgan’s AI Move

13 June 2026
Nokia soared 10.06% to €12.97 after JPMorgan raised its price target to €18, citing AI and cloud growth, making it the top OMX Helsinki 25 performer; the next key catalyst is Nokia’s Q2 and half-year report on July 23, with analysts divided as the average target remains below the current price despite bullish forecasts.
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