Stock Market 7 May 2026

Centrica Shares Sink as British Gas Owner’s Retail Warning Overshadows £370 Million Severn Deal

Centrica dropped 5.16% to 198.7 pence on Thursday, as the British Gas parent flagged that retail energy earnings are tracking near the lower end of its 2026 target. That outlook weighed on shares, even with news of a £370 million power-station deal landing the same day.

8 May 2026

LSE:CNA·Stock Market·UK Economy

Paramount-Warner Bros Deal Faces New California Antitrust Test as Lawmakers Push Bonta

Thirty-four Democratic members of Congress from California are pressing state Attorney General Rob Bonta to give Paramount Skydance’s proposed takeover of Warner Bros. Discovery a hard look, flagging possible antitrust issues. In their letter, they’re asking Bonta to step in if he finds the deal could hurt competition—a key standard for regulators looking to stop mergers. Their push adds political firepower to a state review that’s shaping up as a significant hurdle for the $111 billion Hollywood tie-up.

8 May 2026

NASDAQ:PARA·NASDAQ:WBD·Stock Market

SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales

Shares of SiTime Corporation skyrocketed Thursday, with the Santa Clara chipmaker posting a big first-quarter revenue gain and boosting its full-year forecast. That was enough to catapult this niche timing component supplier into the top ranks among AI infrastructure stocks for the session. The stock finished up 27.9% at $797.31, logging a fresh intraday record, according to Investor’s Business Daily.

8 May 2026

Data Centers·NASDAQ:SITM·Stock Market

Trade Desk Stock Gets Hit Again as Weak Outlook Wipes Out Q1 Sales Beat

The Trade Desk shares fell about 16% in after-hours trading on Thursday after the advertising-technology company forecast second-quarter revenue below Wall Street expectations, overshadowing a first-quarter sales beat. The stock was quoted near $19.66 after closing the regular session at $23.49.

8 May 2026

Earnings Reports·NASDAQ:TTD·Stock Market

Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Shares of Applied Optoelectronics dropped over 10% in early after-hours moves Thursday, as the optical-networking firm turned in first-quarter revenue and a second-quarter forecast that both missed analyst expectations—taking some air out of what’s been a popular AI-infrastructure play. Still, revenue increased 51% from the prior year, coming in at $151.1 million.

8 May 2026

Artificial Intelligence·Earnings Reports·NASDAQ:AAOI·Stock Market·Technology

Dow Jones Today After The Bell: Dow Drops 313 Points Below 50,000 as Oil Whipsaws Wall Street

The Dow Jones Industrial Average dropped 313.62 points, or 0.6%, finishing at 49,596.97 on Thursday—falling back under the 50,000 mark, as Wall Street retreated from its highs. A shaky session for oil and a selloff in chip stocks didn’t help. The S&P 500 closed down 0.4% to 7,337.11. The Nasdaq Composite eased 0.1% to 25,806.20.

7 May 2026

NASDAQ:AMD·NASDAQ:ARM·NASDAQ:INTC·NASDAQ:MSFT·NASDAQ:NVDA·Oil Prices·Stock Market

S&P 500 Today: Why Wall Street’s Record Run Stalled After the Bell

Chipmakers like Intel and AMD reversed earlier AI-fueled advances, dragging the S&P 500 down 0.38% to 7,337.11 by the close on Thursday. The Nasdaq slipped 0.13% to 25,806.20, while the Dow finished 0.63% lower at 49,596.97. Of the S&P 500’s 11 sectors, just two were left in positive territory.

7 May 2026

NASDAQ:AMD·NASDAQ:ARM·NASDAQ:INTC·NASDAQ:MSFT·NASDAQ:NVDA·Stock Market

US Stock Market After the Bell: S&P 500 Slips From Record as Chip Rally Cracks, Oil Keeps Wall Street on Edge

U.S. stocks finished in the red Thursday. The S&P 500 gave up 0.38% to end at 7,337.11, snapping this week’s record streak after chipmakers stumbled. The Nasdaq slipped 0.13% to 25,806.20. Over in the Dow: down 0.63% to 49,596.97. Intel and AMD both lost about 3%. Arm’s U.S.-listed shares slumped, and the PHLX chip index, tracking semiconductors, dropped 2.7%.

7 May 2026

NASDAQ:AMD·NASDAQ:ARM·NASDAQ:INTC·Oil Prices·Stock Market

MercadoLibre Stock Falls: The 49% Revenue Jump Wasn’t Enough

MercadoLibre dropped in after-hours trading Thursday, as the Latin American e-commerce and fintech firm posted a first-quarter profit decline. That overshadowed a 49% surge in revenue, which still beat Wall Street’s forecasts. Results for the quarter ended March 31 landed after U.S. markets closed.

7 May 2026

Earnings Reports·NASDAQ:MELI·Stock Market

Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now

Opendoor Technologies surprised Wall Street with stronger first-quarter revenue, pushing the company to predict adjusted EBITDA breakeven for Q2—a milestone for its turnaround effort. Still, the headlines weren’t all positive: sales dropped 38% year over year, and its GAAP net loss deepened to $173 million.

7 May 2026

Earnings Reports·NASDAQ:OPEN·Real Estate·Stock Market

CoreWeave Stock Faces $99 Billion AI Backlog Test After Q1 Revenue Beat

CoreWeave Inc came in ahead of quarterly revenue forecasts Thursday, reporting first-quarter sales of $2.08 billion—buoyed by rising demand for AI computing power in its cloud unit. The Nvidia-backed firm disclosed a revenue backlog of $99.4 billion. Net loss increased, with higher costs weighing on results.

7 May 2026

Stock Market

Moody’s Says South Africa Debt Has Peaked, But Iran War Could Slow Growth

South Africa’s government debt is holding its stabilization course for this year, Moody’s Ratings said, with the agency pointing to improved revenue, restrained spending, and manageable funding costs. Those factors give the country a credit-positive lean ahead of an expected ratings decision this month, even as the Iran war weighs on growth prospects.

7 May 2026

NYSE:MCO·NYSE:SPGI·Stock Market

AMD Stock Cools After AI Earnings Surge. The Bigger Story Is CPUs

Shares of Advanced Micro Devices slipped Thursday, giving back some ground after a big run-up following its earnings. Still, the core takeaway from the company’s latest results stayed intact: AI spending is pushing further into servers, and AMD is capturing more of that flow. The stock last traded at $408.42, off $12.97 from the prior close, reversing part of Wednesday’s jump sparked by a robust forecast.

7 May 2026

Earnings Reports·NASDAQ:AMD·Stock Market

Rocket Lab Q1 Earnings Just Changed the RKLB Stock Debate

Rocket Lab posted record quarterly revenue and narrowed its first-quarter loss on Thursday, putting its soaring backlog in the spotlight for investors following a sharp rally in RKLB shares.

7 May 2026

Earnings Reports·NASDAQ:RKLB·Rocket Lab·Space Industry·Stock Market

HawkEye 360 Stock Jumps 30% After $416 Million IPO—What HAWK’s NYSE Debut Signals Now

HawkEye 360 made its New York Stock Exchange entrance with shares popping 30% above the IPO price on Thursday, putting the satellite signals-intelligence outfit at about $3.15 billion in market value. The opening trade landed at $33.80, well above the $26 per share set at pricing.

7 May 2026

IPO News·NYSE:HAWK·Stock Market

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

The U.S. Department of Agriculture on Thursday locked in new rules that force retailers taking SNAP food benefits to stock a broader selection of staple foods—a change set to impact convenience stores, small grocers, bodegas, and supermarkets enrolled in the federal food-aid program. SNAP, short for the Supplemental Nutrition Assistance Program, provides food support for low-income American households.

7 May 2026

NASDAQ:FOXA·Stock Market

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

Lumen Technologies dropped roughly 13% Thursday after Level 3 Financing, its subsidiary, set the price on $1 billion in 7.5% senior notes maturing in 2037. The debt sale brought renewed attention to Lumen’s balance sheet as it dives further into cloud and AI networking. Senior notes, by definition, take priority over certain other claims in repayment order.

7 May 2026

Artificial Intelligence·NYSE:LUMN·Stock Market·Technology

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

Capital One is the target of a proposed class action in Virginia federal court, with plaintiffs NTech Consulting LLC and Nikhil Navkal accusing the bank of wiping out earned credit-card rewards when customer accounts were closed. The suit, filed against Capital One N.A., landed in the U.S. District Court for the Eastern District of Virginia.

7 May 2026

NYSE:COF·Stock Market

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

Shares of GE Vernova Inc. slipped in Thursday afternoon trading, pulling back from their recent surge as one of Wall Street’s standout AI-power names. The stock traded at $1,048, off $70.96 from Wednesday’s close. Earlier, it kicked off at $1,107.81 and hit $1,122.30 before turning lower, according to market data.

7 May 2026

Artificial Intelligence·NYSE:GE·Stock Market·TSX:6501

Coca-Cola Consolidated Stock Slides 16% as Q1 Sales Jump Masks Margin Hit

Coca-Cola Consolidated, Inc. dropped roughly 16.6% by Thursday afternoon, sliding to $175.60—a $34.92 loss—after posting upbeat first-quarter sales but coming up shy on adjusted profit. That mixed outcome sent cost worries straight to the forefront for the biggest U.S. bottler. Shares of Coca-Cola Co. edged a bit lower, while PepsiCo and Keurig Dr Pepper traded slightly up.

7 May 2026

Earnings Reports·NASDAQ:COKE·Stock Market

Stock Market 7 May 2026 - 8 May 2026