Stock Market 7 May 2026

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

Unity Software Inc. reported first-quarter revenue up 17% on Thursday, crediting growth in its ad and creation tools. Still, a $279 million impairment related to winding down legacy operations dragged net loss to $347 million.

7 May 2026

Artificial Intelligence·NYSE:U·Stock Market·Technology

AAON Stock Jumps as Q1 Earnings, BASX Backlog Force a 2026 Guidance Reset

AAON Inc. shares jumped Thursday after the Tulsa HVAC manufacturer posted record first-quarter sales, boosted its 2026 forecast, and noted its backlog had topped $2.1 billion.

7 May 2026

Earnings Reports·NASDAQ:AAON·Stock Market

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

Shares of Zoetis Inc. dropped roughly 20% Thursday after the animal-health firm trimmed its full-year guidance, blaming fewer vet visits and weaker demand for premium treatments among U.S. pet owners. In afternoon New York trading, the stock changed hands at $88.44.

7 May 2026

Stock Market

Intuit Stock Rises As QuickBooks Workforce Pushes Into Payroll And HR

Intuit Inc. rolled out QuickBooks Workforce in the U.S., making a sharper move to expand from small-business accounting into payroll and HR as the software sector scrambles to keep up with new AI-powered rivals. The company says the new product targets small and mid-market firms, and will be integrated into QuickBooks Online, QuickBooks Online Advanced, and Intuit Enterprise Suite.

7 May 2026

NASDAQ:INTU·Stock Market

Duolingo Stock Jumps, But the Real Test Is Bookings

Duolingo shares bounced roughly 7.4% higher Thursday afternoon, trimming some of the week’s declines. Investors sized up the language app maker’s AI investment plans against a more cautious bookings forecast. Shares last changed hands around $112.81, putting Duolingo’s market cap close to $5.26 billion.

7 May 2026

NASDAQ:DUOL·Stock Market

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

Shares of Planet Fitness took a sharp dive Thursday as the gym chain slashed its outlook for 2026 revenue and profit growth. The company pointed to sluggish sign-ups over the crucial New Year window—typically a busy stretch—that it expects will drag on performance for the rest of the year.

7 May 2026

NASDAQ:PLNT·Stock Market

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

Himax Technologies surged over 30% in U.S. trading on Thursday, with the Taiwan-based display-chip company projecting a second-quarter comeback and announcing a cash dividend. The update threw fresh attention on its automotive display and low-power AI segments. Nasdaq-listed shares were last seen at $16.17, up $3.84, after spiking to $17.94 earlier in the session.

7 May 2026

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

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

StubHub Holdings is staring down its next earnings report with options traders bracing for a 13% swing—another gauge of sentiment for the ticket marketplace, which only went public less than a year ago. That projected move, pulled from Bloomberg’s options data, is tied to StubHub’s quarterly results set for May 13.

7 May 2026

Earnings Reports·NASDAQ:STUB·Stock Market

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

The Dow Jones Industrial Average couldn’t hang onto the 50,000 level Thursday. After opening at 50,002.39 and hitting an early peak of 50,130.20, the index faded, dipping to 49,607.16 by early afternoon, according to Investing.com. Wall Street’s historic rally lost a bit of steam.

7 May 2026

Stock Market

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

Stocks lost ground by midday Thursday. The Dow Jones Industrial Average couldn’t hold 50,000, S&P 500 dipped after an early record attempt, and tech continued to carry much of the load as oil prices eased. Index ETFs tracked the move: SPY dropped roughly 0.2%, QQQ hovered close to unchanged, while DIA slipped 0.5% as of 12:48 p.m. ET.

7 May 2026

Nasdaq·NASDAQ:QQQ·NYSE:DIA·NYSE:SPY·Stock Market·US Economy

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

Symbotic Inc. shares fell Thursday, trading around $59.78—off roughly 2.3%—after the warehouse robotics maker reported a $9 million net profit and $676 million in revenue for its fiscal second quarter, which ended March 28. Symbotic left its $22.7 billion backlog unchanged and projected increased revenue for the current quarter.

7 May 2026

Artificial Intelligence·NASDAQ:SYM·Robotics·Stock Market

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

Qualcomm surged $21.36 to finish at $213.93 on Thursday, up roughly 11%. Investors appeared to circle back to the idea that the smartphone-chip giant could be a lower-priced entry to AI hardware. Shares touched $223.58 at their peak, giving the company a market cap near $229 billion.

7 May 2026

NASDAQ:QCOM·Stock Market·Technology

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

Shares of Howmet Aerospace shot higher Thursday as the Pittsburgh-based aircraft-parts supplier topped Wall Street’s first-quarter forecasts and raised its guidance for 2026, citing robust orders from commercial aerospace, defense, and gas turbine segments. Quarterly revenue jumped 19% to $2.31 billion, with adjusted EPS up 42% to $1.22.

7 May 2026

Aerospace Industry·Earnings Reports·NYSE:HWM·Stock Market

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

Ticketmaster has eliminated roughly 350 positions—about 8% of its workforce worldwide—amid a revamp that targets engineering, product, and design divisions, along with reductions in contractor roles. Employees in 25 countries were impacted. The executive leadership team, though, stays put, according to Pollstar.

7 May 2026

NASDAQ:LYV·Stock Market

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

CrowdStrike climbed past $500 early Thursday, erasing Wednesday’s slide as traders appeared to re-engage with the cybersecurity company’s AI-focused strategy and its efforts to boost partner-driven sales. Shares last changed hands at $503.51, up $35.44 after ending the previous session at $468.07, down 1.78%.

7 May 2026

Artificial Intelligence·Cybersecurity·NASDAQ:AMZN·NASDAQ:CRWD·NASDAQ:NVDA·NASDAQ:ZS·NYSE:ACN·NYSE:MFG·Stock Market

Shake Shack Stock (SHAK) Plunges 28% After Earnings Miss, Beef Costs and New CFO Move

Shake Shack shares tumbled roughly 28%, landing at $69.53 early Thursday after the burger chain posted a quarterly loss, came up short on revenue, and announced Michelle Hook would become its next CFO. The stock dropped as low as $67.21 during the session.

7 May 2026

Earnings Reports·NYSE:SHAK·Restaurant Industry·Stock Market

SoundHound AI (SOUN) Stock Faces 16% Earnings Swing as Traders Test the AI Hype

SoundHound AI shares traded up roughly 2.3% to $9.59 by late Thursday morning, with traders bracing for volatility ahead of the voice-AI company’s first-quarter results, scheduled after the U.S. market close. SoundHound plans to kick off its earnings call at 5 p.m. ET.

7 May 2026

Earnings Reports·NASDAQ:LPSN·NASDAQ:SOUN·Stock Market

Why Hut 8 Stock Is in Focus After a $9.8 Billion AI Data Center Deal

Hut 8 Corp. landed a $9.8 billion, 15-year lease deal for phase one of its Beacon Point AI data center campus in Nueces County, Texas, marking a major step as the company moves further into AI-powered infrastructure beyond its bitcoin mining roots. The company didn’t disclose the tenant’s name but described it as a high-investment-grade firm set to tap 352 megawatts of IT capacity—essentially the power available to run servers and associated hardware.

7 May 2026

Data Centers·NASDAQ:HUT·Stock Market

Beyond Meat Stock Drops as Weak Sales Forecast Tests Its Plant-Protein Pivot

Beyond Meat shares slid roughly 14% Thursday morning after the company’s second-quarter revenue outlook came up short of analyst expectations. The plant-based meat maker told investors it sees sales in the $60 million to $65 million range for the quarter, versus the $67 million analysts had penciled in, according to LSEG data cited by Reuters. Shares of BYND were recently trading just below $0.89.

7 May 2026

NASDAQ:BYND·Stock Market

Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake surged roughly 10% Thursday, propelled by a software sector rally after Datadog boosted its full-year forecast—a jolt that shifted attention back to the data-cloud firm just three weeks ahead of its next earnings release. Shares changed hands at $153.21 as of 10:06 a.m. in New York.

7 May 2026

Artificial Intelligence·NYSE:SNOW·Stock Market·Technology