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Stock Market 6 May 2026

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights firms ramped up their class-action alerts Wednesday, spotlighting litigation against POET Technologies Inc. The AI photonics maker is under scrutiny just days after Marvell Semiconductor scrapped all Celestial AI-linked orders. Levi & Korsinsky flagged a June 29 lead-plaintiff deadline, naming CEO Suresh Venkatesan and CFO Thomas Mika as defendants in the case.
6 May 2026
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Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir Technologies shares dropped 1.4% to $134.04 late Wednesday morning, deepening a selloff that’s followed its recent earnings release. That’s even with the data analytics and AI software firm delivering its strongest revenue growth yet as a public company and upping its full-year forecast. The stock finished Tuesday at $135.91.
6 May 2026
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Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Holdings plc’s U.S. shares jumped $22.58 to hit $231.42 in New York morning trading Wednesday, up roughly 11%, ahead of the British chip designer’s fiscal fourth-quarter report due after the bell. The rally pushed Arm squarely into focus again for the AI-chip trade, which has shifted recently from graphics chips over to server CPUs.
6 May 2026
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Disney Earnings Beat Wall Street as Streaming Profits Surge and Parks Hold Up

Disney Earnings Beat Wall Street as Streaming Profits Surge and Parks Hold Up

Walt Disney topped expectations Wednesday, with streaming and theme park gains providing a boost for new CEO Josh D’Amaro in his first earnings outing. Revenue hit $25.2 billion, while adjusted earnings per share landed at $1.57 for the quarter ending March 28. Both numbers cleared the bar set by analysts — they were looking for $24.78 billion and $1.49, according to Reuters and LSEG data.
6 May 2026
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Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel stock climbed ahead of Wednesday’s U.S. open, pushing its recent rally further as AMD’s bullish outlook fueled hopes that AI-driven demand is spreading past Nvidia’s GPUs and into the server processor segment—where Intel is a heavyweight. According to Reuters, Intel was up 6% premarket. AMD, meanwhile, surged close to 18%.
6 May 2026
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Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex is carving out its Cloud and Power Infrastructure unit into a new standalone public company, the latest move meant to let investors more easily track its slice of the AI data center and power-gear market. For now, the spinoff is called SpinCo. Revathi Advaithi, Flex’s current CEO, is set to take the helm at SpinCo, while Michael Hartung, the company’s president, will step in as chief executive at what’s left of Flex.
6 May 2026
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CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave steps into the spotlight after Thursday’s close with its first-quarter results, setting up a test for how much investors are still willing to pay for a big pile of AI cloud contracts—even as the price tag for expansion climbs. The company’s results call is slated for May 7 at 5 p.m. ET. Ahead of the U.S. market open, shares last traded at $127.89, putting them up about 2% from the previous close.
6 May 2026
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IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Stock Jumps After $625 Million Mirantis Deal Deepens AI Cloud Push

IREN Ltd plans to acquire Mirantis Inc in an all-share transaction pegged at roughly $625 million, a move that folds cloud software and enterprise support into the ex-bitcoin miner’s expanding AI infrastructure push. Mirantis specializes in cloud platforms and Kubernetes orchestration—software for managing and deploying apps at scale.
6 May 2026
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Nebius Stock Near Record High After $643 Million Eigen AI Deal — Q1 Earnings Could Decide The Next Move

Nebius Stock Near Record High After $643 Million Eigen AI Deal — Q1 Earnings Could Decide The Next Move

Nebius Group shares hovered close to record highs Wednesday, with the Amsterdam-based AI cloud firm announcing plans to acquire Eigen AI. Investors appear to be watching this deal as a sign of Nebius’s push from leasing out hard-to-find computing power into selling higher-margin software. The Nasdaq-listed shares last changed hands at $175.92, just shy of the all-time closing peak set Monday at $176.42.
6 May 2026
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Verizon CEO Just Drew a Line on Free Phones. Customers Should Read the Fine Print

Verizon CEO Just Drew a Line on Free Phones. Customers Should Read the Fine Print

Verizon Communications CEO Dan Schulman is tightening the screws on giveaways, pulling back from the practice of handing out free phones and service lines to retain customers. Schulman is wagering that improvements in service and more precise marketing can keep users loyal without leaning on those costly promotions. “We are no longer giving away lines for free,” Schulman said, as reported by TheStreet.
6 May 2026
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Oil Plunges As Trump Halts Hormuz Mission And Iran Deal Hopes Surge

Oil Plunges As Trump Halts Hormuz Mission And Iran Deal Hopes Surge

President Donald Trump abruptly halted a brief U.S. naval push to escort commercial vessels through the Strait of Hormuz. According to Reuters, which cited a Pakistani mediation source, Washington and Tehran are nearing agreement on a one-page memorandum aimed at ending the Gulf war. Oil prices tumbled on the developments, with traders reading the moves as the strongest indication so far that diplomatic talks are outpacing preparations for conflict.
6 May 2026
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