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Stock Market 6 May 2026

Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix Stock Just Fell Under $90 — Reed Hastings’ $38 Million Sale Is Only Part of the Story

Netflix shares fell 3.4% to $87.57 Tuesday after co-founder Reed Hastings disclosed a major insider sale ahead of his planned board departure in June. The stock traded below $88 in pre-market Wednesday, pressured by a weak second-quarter outlook and ongoing investor concerns. Hastings sold 407,550 shares on May 1, according to an SEC filing. Competition from Paramount and Disney continues to intensify.
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 will report first-quarter results May 7 after the market close, with Wall Street expecting a loss of 91 cents per share on $1.97 billion in revenue. Shares traded at $127.89, up 2% premarket. The company ended 2025 with a $66.8 billion revenue backlog and recently signed major deals with Meta, Anthropic, and Jane Street. Guidance calls for up to $2 billion in Q1 revenue and $30–$35 billion in 2026 capital spending.
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 will acquire Mirantis Inc in an all-share deal worth about $625 million, expanding into cloud software and AI infrastructure. IREN shares rose 10.6% to $54.74 after the announcement. Mirantis will operate as a standalone subsidiary, supporting IREN’s AI cloud deployments. The deal is subject to regulatory approval and customary closing conditions.
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 agreed to acquire Eigen AI for about $643 million in cash and shares, aiming to expand into higher-margin AI software. Nebius shares hovered near record highs at $175.92 after the deal, ahead of its May 13 Q1 earnings report. The company will integrate Eigen AI’s tools into its Token Factory platform and gain a Bay Area engineering presence. Investors are watching for updates on recurring revenue and data-center expansion.
6 May 2026
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Novo Nordisk Stock Jumps After Wegovy Pill Sales Surprise in Lilly Obesity Fight

Novo Nordisk Stock Jumps After Wegovy Pill Sales Surprise in Lilly Obesity Fight

Novo Nordisk raised its 2026 outlook after early U.S. sales of its new Wegovy weight-loss pill surpassed 2 million prescriptions since January, beating expectations. Shares jumped as much as 9.2% in Copenhagen. Adjusted first-quarter sales fell 10% to 70.06 billion crowns, but reported net sales rose 24% to 96.82 billion crowns after a U.S. drug pricing provision reversal.
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 paused a U.S. naval operation to move commercial ships through the Strait of Hormuz as Washington and Tehran neared a memorandum to end the Gulf war, according to Reuters. Brent crude fell over 8% to about $100 a barrel on the news. Iran has not publicly accepted the deal. A CMA CGM container ship was attacked in the strait on Tuesday, injuring crew and damaging the vessel.
6 May 2026
US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

U.S. stock index futures surged early Wednesday, with Dow futures up 558 points and Nasdaq 100 futures rising 1.6%, driven by AMD’s strong revenue forecast and progress in U.S.-Iran talks to end the Gulf war. Brent crude dropped 8.44% to $100.60. AMD shares jumped nearly 18% pre-market, while Intel and Arm Holdings also gained. The S&P 500 and Nasdaq closed at record highs Tuesday.
6 May 2026
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QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

The Invesco QQQ Trust ETF rose 1.3% to $681.61 in early premarket trading Wednesday, tracking gains in Nasdaq 100 futures after AMD reported a 38% jump in quarterly revenue and strong AI demand. AMD shares surged nearly 18% premarket, while other chip stocks and tech-focused ETFs also advanced. The S&P 500 and Nasdaq Composite closed at record highs Tuesday.
6 May 2026
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Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And FedEx

Amazon Stock Nears $3 Trillion As Logistics Push Takes Aim At UPS And FedEx

Amazon stock rose 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close. The company launched Amazon Supply Chain Services, opening its logistics network to outside businesses, prompting FedEx and UPS shares to drop over 9% Monday. Amazon’s first-quarter net income reached $30.3 billion, boosted by AWS sales growth and a $16.8 billion gain from Anthropic.
6 May 2026
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AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD shares surged nearly 18% in premarket trading Wednesday after forecasting second-quarter revenue of about $11.2 billion, topping analyst estimates. First-quarter revenue rose 38% to $10.3 billion, driven by a 57% jump in data-center sales. Intel, Arm, and Qualcomm also gained before the bell. CEO Lisa Su said data centers are now AMD’s main growth engine.
6 May 2026
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SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

S&P 500 futures rose 0.32% and Nasdaq 100 futures climbed 0.81% early Wednesday after the S&P 500 and Nasdaq closed at record highs Tuesday. AMD surged nearly 18% premarket on strong AI demand, lifting chip stocks and boosting the tech-heavy SPDR S&P 500 ETF Trust, which closed Tuesday at $723.77 with $740.5 billion in assets. Hopes for a U.S.-Iran peace deal also supported gains.
6 May 2026
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Nvidia Stock’s AI Lead Just Got a Harder Test as AMD Surges and Alphabet Closes In

Nvidia Stock’s AI Lead Just Got a Harder Test as AMD Surges and Alphabet Closes In

Nvidia shares have dropped 9% over six sessions since an April 27 record, while the Philadelphia semiconductor index gained more than 5%. AMD surged nearly 18% in premarket trading after forecasting strong data-center chip demand and beating revenue expectations. Nvidia rose just 0.44%. Alphabet is nearing Nvidia’s market value, with both companies close to $4.8 trillion.
6 May 2026
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Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

Meta Stock Faces Fresh AI Reckoning as Spending and Lawsuits Mount

Meta shares closed down 0.9% at $604.96 Tuesday as investors weighed rising AI spending against ad revenue growth. Five major publishers sued Meta in New York, alleging unauthorized use of copyrighted works to train its Llama AI models. Meta raised its 2026 capital expenditure forecast to up to $145 billion, citing higher data center and chip costs. Ireland’s media regulator opened probes into Facebook and Instagram under the EU Digital Services Act.
6 May 2026
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Tesla Stock Is Back in the Spotlight After a 219,000-Car Recall. The Bigger Issue Is Europe.

Tesla Stock Is Back in the Spotlight After a 219,000-Car Recall. The Bigger Issue Is Europe.

Tesla closed Tuesday at $389.37, down 0.8%, after recalling 218,868 U.S. vehicles over delayed rearview camera images. The recall, affecting several models, follows a software update. European regulators remain divided on approving Tesla’s Full Self-Driving system, with some raising safety concerns. April sales rose in Sweden, France, Denmark, and the Netherlands but fell in Norway, Spain, Portugal, and Italy.
6 May 2026
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Apple’s $250 Million Siri Payout Hits iPhone Buyers After AI Promise Fell Short

Apple’s $250 Million Siri Payout Hits iPhone Buyers After AI Promise Fell Short

Apple agreed to pay $250 million to settle a U.S. class action over delayed Siri AI features, according to a court filing in San Jose. The deal covers U.S. buyers of certain iPhone 15 and 16 models purchased between June 2024 and March 2025. Eligible claimants are set to receive at least $25 per device. The settlement requires court approval and includes no admission of wrongdoing by Apple.
6 May 2026
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U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

Nasdaq 100 futures rose 0.69% early Wednesday, boosted by AMD’s strong forecast and easing oil prices amid hopes for a U.S.-Iran deal. AMD reported Q1 revenue up 38% to $10.3 billion and projected Q2 revenue of about $11.2 billion. Super Micro Computer shares jumped 18% after raising its outlook. Brent crude fell 1.5% to $108.18 a barrel.
6 May 2026
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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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