Today: 11 July 2026
Browse Category

Stock Market 8 May 2026

GD Culture Group Stock Faces Crucial $10.75 Buyout Test After Wild Nasdaq Swings

GD Culture Group Stock Faces Crucial $10.75 Buyout Test After Wild Nasdaq Swings

GD Culture Group Limited is taking a $10.75-per-share all-cash go-private offer to the board, naming three directors—Lei Zhang, Yun Zhang, and Shuaiheng Zhang—to a newly formed special committee after Wealthy Concord Limited and East Valley Technology Limited made their bid. That committee now has authority to bring in independent legal and financial advisers as it weighs the proposal.
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 Inc. shares leapt roughly 89% early Friday, powered by a record-setting first quarter and a boost to its 2026 growth forecast. The AI data-engineering firm now sees potential new Big Tech deals generating about $51 million in revenue for this year. INOD last changed hands at $86.31, just off an intraday high of $90.13.
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 is raking in eye-popping inflows—more than $5 billion since its April 2 debut. Just Thursday, $1.1 billion landed in the fund as investors hunt for ways to play the memory chips powering artificial intelligence. DRAM crossed the $1 billion asset mark in only 10 sessions. CNBC, citing Goldman Sachs, notes that only a few ETF debuts—think spot bitcoin funds, LQD, GLD, and JPMorgan’s BBCA—have ever drawn assets this quickly.
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

Shares of HawkEye 360 soared 30% as the satellite intelligence firm opened on the New York Stock Exchange Thursday, landing a valuation near $3.15 billion following its $416 million initial public offering. Edward Best, a partner with Willkie Farr & Gallagher, pointed to the IPO pricing as evidence of “strong market appetite for defense-related IPOs.”
Fluence Energy Stock Jumps Again: Why Wall Street Is Watching Its $5.6 Billion Backlog

Fluence Energy Stock Jumps Again: Why Wall Street Is Watching Its $5.6 Billion Backlog

Fluence Energy Inc. grabbed the spotlight Friday as Roth/MKM bumped the battery storage name to Buy and hiked its price target to $26—twice its previous view—following a surge in orders and fresh supply deals with two big cloud computing players. Shares, which soared about 40%, were recently trading at $18.97. Roth/MKM had previously rated the stock Neutral and cited the company’s record backlog for the bullish turn, according to Investing.com.
Carvana Stock Split Takes Effect: Why CVNA’s 5-for-1 Move Has Wall Street Watching

Carvana Stock Split Takes Effect: Why CVNA’s 5-for-1 Move Has Wall Street Watching

Carvana’s five-for-one stock split became effective Thursday, putting the online used-car dealer’s strong recovery right back in the market’s sights. The Class A shares are set to start trading split-adjusted on the New York Stock Exchange when markets open Friday, according to a securities filing. The forward split increases share count and reduces the price per share, but investors’ stakes remain unchanged.
8 May 2026
Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare is laying off over 1,100 employees—about a fifth of its staff—while overhauling its business to focus on artificial intelligence. The company beat expectations for first-quarter earnings, yet its stock tumbled nearly 19% in after-hours trading. The reason? Cloudflare’s revenue guidance for the second quarter missed the mark, coming in just shy of analysts’ estimates.
Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI locked in an upsized $400 million private sale of 0% convertible senior notes maturing in 2032, opting to swap out secured borrowings for debt with no periodic interest as it sharpens its focus on healthcare data and diagnostics. The deal, raised from the original $350 million, is slated for a May 12 close. Tempus plans to use the proceeds to pay off $307.7 million in loans, cover roughly $27.2 million for capped-call hedges, and for general corporate purposes.
Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase Global Inc. swung to another quarterly loss, its second in a row, as softer crypto markets battered trading revenue and shrinking crypto asset values weighed on results. The exchange posted a net loss of $394.1 million for the first quarter, or $1.49 per share—down from a $65.6 million profit in the same period last year. Friday’s U.S. market open looms with pressure on the company.
Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Technologies Inc. shares looked primed for a sharp move higher Friday, after the company revealed a $1.8 billion, seven-year cloud infrastructure deal with a U.S. AI model developer it declined to name. It’s the firmest indication yet that Akamai’s rented compute push is picking up traction. For the first quarter, Akamai reported revenue up 6% to $1.074 billion. Its Cloud Infrastructure Services segment—the distributed compute business—jumped 40% to $95 million.
Go toTop