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Stock Market 6 May 2026

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

The Dow Jones rose about 500 points Wednesday, reaching 49,795.34 by midday, as falling oil prices and strong AI stock gains lifted Wall Street. Brent crude dipped below $100 after reports of possible U.S.-Iran progress. The S&P 500 and Nasdaq hit record highs. Disney and AMD both reported results above estimates, while U.S. private payrolls posted their largest gain in over a year.
US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

The S&P 500 and Nasdaq hit record highs Wednesday as AMD shares surged nearly 17% on a strong revenue forecast, boosting AI-linked stocks. The Dow rose 510 points, oil prices dropped nearly 7% on reports of U.S.-Iran progress, and ADP reported 109,000 private-sector jobs added in April. Brent crude fell to $102.24 a barrel.
Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora cut its full-year revenue growth forecast after missing quarterly revenue estimates, sending shares down 13.5% to $264.49. U.S. Healthcare Solutions revenue rose 2.9% to $68.8 billion, below analyst expectations. Total revenue reached $78.4 billion, missing Wall Street’s $81.09 billion estimate. The company raised its adjusted earnings forecast and plans $1 billion in share buybacks by end of 2026.
6 May 2026
SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge shares dropped 6% Wednesday after the company posted a wider-than-expected adjusted Q1 loss, despite revenue rising 46% year-over-year to $310.5 million. The stock traded at $41.91 midday. U.S. revenue fell 20% from the prior quarter, while European sales rose 14%. The company forecast Q2 revenue of $325 million to $355 million and said Nexis production was fully booked in Europe.
Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo shares plunged about 30% Wednesday after CFO Amanda Whalen announced plans to step down later this year, despite the company beating first-quarter estimates and raising its 2026 revenue outlook. The stock traded near $16.33 by midday. The company forecast slower Q2 growth and lower margins, prompting Stifel to cut its price target. Whalen will stay through August 21 before moving to an advisory role.
TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics shares dropped 23% to $72.88 after first-quarter adjusted earnings of 30 cents per share missed estimates and profit fell to $7.3 million from $25.7 million. Revenue rose 21% to $173.9 million but missed forecasts, while gross margin slipped to 58% from 61% as operating expenses jumped. The company maintained its 2026 revenue outlook of $727–$757 million.
QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
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 law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
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 shares fell 1.4% to $134.04 despite reporting record quarterly revenue growth and raising its 2026 outlook. U.S. commercial revenue missed estimates by $10 million, triggering the drop. First-quarter revenue rose 85% to $1.63 billion, while government sales climbed 84%. Bank of America maintained a Buy rating but warned expectations remain high.
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’ U.S. shares jumped 11% to $231.42 Wednesday before its fiscal Q4 results, lifted by optimism around AI infrastructure and AMD’s strong outlook. Wall Street expects Arm to post $1.47 billion in revenue and 59 cents EPS. UBS raised its price target to $245, citing server CPU market growth. Arm will report after the U.S. close and host a webcast at 22:00 BST.
IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ will report first-quarter results after the market closes Wednesday, with analysts expecting revenue of $49.8 million and a loss of 46 cents per share. Shares rose 2.6% to $49.26 in morning trading, valuing the company at $14.5 billion. IonQ’s $1.8 billion SkyWater Technology acquisition remains pending regulatory and shareholder approval. The company launched a commercial InSAR satellite radar product on Monday.
Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz reported first-quarter net sales of $6.05 billion, beating analysts’ estimates and sending shares up 3.6% in early trading. Organic net sales fell 0.4% as higher prices failed to offset lower volumes. The company maintained its 2026 outlook despite inflation and an expected hit from reduced SNAP benefits. CEO Steve Cahillane said pausing a planned split freed funds for brand investment.
Super Micro Stock Jumps 19% as AI Server Forecast Overrides Revenue Miss

Super Micro Stock Jumps 19% as AI Server Forecast Overrides Revenue Miss

Super Micro Computer shares rose 19% after the company forecast stronger-than-expected fourth-quarter revenue and profit. Net sales for the quarter ended March 31 jumped to $10.24 billion, with net income at $483 million. The company’s outlook topped analyst estimates, but revenue missed some forecasts due to customer and supply-chain delays. Shares traded at $33.13, up $5.30 from Tuesday’s close.
Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Technology will report fiscal Q1 2027 results on May 27, following a 66.7% stock surge in April and heightened investor focus on its Nvidia partnership and data-center business. U.S. chip stocks, including Marvell, rose Wednesday after AMD’s upbeat outlook on AI infrastructure demand. Marvell’s fiscal 2026 revenue climbed 42% to $8.2 billion, driven by strong AI demand and new design wins.
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 shares jumped 6% in U.S. premarket trading Wednesday after AMD raised its server CPU growth forecast and reported a 57% surge in data-center revenue. Apple has held early talks with Intel and Samsung about making device processors in the U.S., Bloomberg reported. Intel’s Q1 revenue rose 7% to $13.6 billion, with its Data Center and AI unit up 22%.
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 will spin off its Cloud and Power Infrastructure unit as a separate public company, with CEO Revathi Advaithi set to lead the new entity, SpinCo. Flex shares jumped 28.4% premarket to $123.84 after reporting Q4 net sales of $7.5 billion, up 17%. SpinCo will target AI data center infrastructure, aiming for 65%-75% revenue growth in fiscal 2027. Key financial details and regulatory approvals remain undisclosed.
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Stock Market Today

  • Top TSX Dividend Stocks To Watch In May 2026
    May 14, 2026, 9:12 AM EDT. Canadian investors eye top TSX dividend stocks in May 2026 amid geopolitical shifts and economic changes. Notable names include Great-West Lifeco (TSX:GWO) with a 3.5% yield, backed by stable earnings and a CA$68.28 billion market cap, and Lundin Gold (TSX:LUG) with a 5.6% yield, supported by strong revenue growth from its Ecuador mining operations. High dividend coverage and consistent payouts mark these stocks as potential buffers against market volatility. Other significant dividend payers are Rogers Sugar, Power Corporation, and Firm Capital Mortgage Investment, exhibiting yields from 3.09% to 8.61%. These selections reflect investor preference for income stability amid improving labor markets and heightened geopolitical caution.

Latest articles

Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

14 May 2026
Ondas Inc. raised its 2026 revenue target to at least $390 million after first-quarter revenue jumped to $50.1 million, beating both its own and Wall Street estimates. Shares rose 14% in premarket trading. The company posted an operating loss of $42.7 million, while net income was boosted by a $389.5 million non-cash gain. Pro forma backlog reached $457 million at quarter’s end.
Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple Backs Google in EU AI Fight as iPhone Rules Loom

14 May 2026
Apple warned the European Commission that proposed EU rules forcing Google’s Android to open core features to rival AI assistants could endanger privacy, security, and device performance. The Commission’s feedback period closed Wednesday, with a final decision expected by July 27. Apple argued the measures could set a precedent for its own platforms. Google also opposes the plan, calling it an “unwarranted intervention.”
Precigen Stock Jumps as Papzimeos Sales Change the Story for PGEN Investors

Precigen Stock Jumps as Papzimeos Sales Change the Story for PGEN Investors

14 May 2026
Precigen shares jumped 14.1% in early trading after first-quarter revenue reached $23.3 million, beating estimates, and net loss narrowed to $7.9 million from $54.2 million a year earlier. Papzimeos, its new RRP therapy, generated $21.6 million in net product revenue. The company ended March with $56.7 million in cash and expects current funds and Papzimeos sales to last through 2026.
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