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Stock Market 12 May 2026

Rocket Lab (NASDAQ:RKLB) Shares Rise After $663 Million Contracts Lift Neutron Prospects
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.
IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

Shares of IREN Limited slid Tuesday after investors were handed the tab for the fresh narrative they'd signed up for. The company upsized its offering, pricing $2.6 billion in 1.00% convertible senior notes due 2033—more than the $2 billion it initially targeted. Convertible notes deliver immediate funds but carry the risk of future shareholder dilution as they’re swapped for equity down the line.
Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

Dow Jones Pulls Back as Hot CPI and $100 Oil Test the 50,000 Trade

Late in the morning, the Dow Jones Industrial Average slipped, giving back gains from the same playbook that pushed it close to 50,000: heavyweight industrials, financials, and growth-tied blue chips, all riding hopes of a gentle inflation backdrop. By 10:00 a.m. ET, the Dow was down 297.98 points, sitting at 49,406.49. The DIA ETF, which tracks the benchmark, showed a 0.61% drop to $494.06 as of a 10:53 a.m. ET read.
US Stock Market Live: Hot CPI and Oil Shock Break Wall Street’s Record Run

US Stock Market Live: Hot CPI and Oil Shock Break Wall Street’s Record Run

Stocks in the U.S. lost ground Tuesday morning, as April’s inflation reading came in hotter and oil prices pushed higher, cutting short the market’s record-setting streak. Right around 10:54 a.m. ET, the SPY, which tracks the S&P 500, slipped roughly 0.7%. The QQQ fell about 1.2%, with the Dow’s DIA off 0.6%. Small caps fared worse— IWM dropped 1.8%. The XLE, representing energy stocks, managed to hold just above water.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

CACI International

NYSE: CACI 95 / 100
#2 BUY

Constellation Energy

NASDAQ: CEG 93 / 100
#3 BUY

AerCap

NYSE: AER 91 / 100
#4 BUY ON PULLBACK

Motorola Solutions

NYSE: MSI 89 / 100
#5 ACCUMULATE

Walt Disney

NYSE: DIS 87 / 100
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Editorial model selection. Not personalised advice.