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Stock Market 12 May 2026

Terns Pharmaceuticals stock stops trading as Merck’s $53 cash deal takes over the chart

Terns Pharmaceuticals stock stops trading as Merck’s $53 cash deal takes over the chart

Terns Pharmaceuticals shares aren’t budging—not surprising, since the merger is done and Nasdaq trading is finished. The last quote for the stock came in at $52.95, just shy of Merck’s $53-per-share cash deal. With Terns now fully absorbed into Merck, its common stock has dropped off the Nasdaq Global Select Market and won’t trade again.
Archer Aviation Stock Drops as FAA Progress Runs Into Cash-Burn Math

Archer Aviation Stock Drops as FAA Progress Runs Into Cash-Burn Math

Shares of Archer Aviation dropped hard Tuesday, now changing hands at $6.11, down roughly 6.6%. Even with a positive regulatory update, investors zeroed in on the company’s still-sizeable capital requirements before it can convert flight trials into commercial operations. The price swung throughout the session—opening at $6.34, touching $6.66, and sliding toward $6.06.
12 May 2026
RKLB Stock Pulls Back After Breakout as Neutron Demand Starts to Set the Price

RKLB Stock Pulls Back After Breakout as Neutron Demand Starts to Set the Price

Rocket Lab shares pulled back on Tuesday, giving back some ground after their sharp climb to new highs. The action didn’t point to a big shift in sentiment—buyers continued snapping up shares on weakness, even as some holders locked in gains after the post-earnings surge. Both sides stayed active, but the day’s drop looked more like a pause than a reversal in RKLB’s trajectory.
Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla shares slipped on Tuesday, with the AI narrative still in play. The rally had been fueled by optimism for Full Self-Driving—Tesla’s for-pay driver-assist system, which continues to need a human at the wheel—potentially catching on in China. But Tuesday’s action felt like a reality check, as the market weighed just how much of that promise it’s willing to price in without seeing tangible results.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY

Pfizer

NYSE: PFE 93 / 100
#2 TACTICAL BUY

AMD

NASDAQ: AMD 91 / 100
#3 STRONG BUY

AerCap

NYSE: AER 90 / 100
#4 BUY ONLY ON PULLBACK

Booking Holdings

NASDAQ: BKNG 88 / 100
#5 BUY ON WEAKNESS

Visa

NYSE: V 86 / 100
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Editorial model selection. Not personalised advice.