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Stock Market 7 May 2026

IREN jumps 12% in the week as focus moves from Mirantis stock pressure to AI performance
CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike climbed past $500 early Thursday, erasing Wednesday’s slide as traders appeared to re-engage with the cybersecurity company’s AI-focused strategy and its efforts to boost partner-driven sales. Shares last changed hands at $503.51, up $35.44 after ending the previous session at $468.07, down 1.78%.
7 May 2026
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Why Hut 8 Stock Is in Focus After a $9.8 Billion AI Data Center Deal

Why Hut 8 Stock Is in Focus After a $9.8 Billion AI Data Center Deal

Hut 8 Corp. landed a $9.8 billion, 15-year lease deal for phase one of its Beacon Point AI data center campus in Nueces County, Texas, marking a major step as the company moves further into AI-powered infrastructure beyond its bitcoin mining roots. The company didn’t disclose the tenant’s name but described it as a high-investment-grade firm set to tap 352 megawatts of IT capacity—essentially the power available to run servers and associated hardware.
7 May 2026
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Beyond Meat Stock Drops as Weak Sales Forecast Tests Its Plant-Protein Pivot

Beyond Meat Stock Drops as Weak Sales Forecast Tests Its Plant-Protein Pivot

Beyond Meat shares slid roughly 14% Thursday morning after the company’s second-quarter revenue outlook came up short of analyst expectations. The plant-based meat maker told investors it sees sales in the $60 million to $65 million range for the quarter, versus the $67 million analysts had penciled in, according to LSEG data cited by Reuters. Shares of BYND were recently trading just below $0.89.
7 May 2026
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GM Recall Alert: 40,440 Brake-Fluid Units Flagged Over Sediment Risk

GM Recall Alert: 40,440 Brake-Fluid Units Flagged Over Sediment Risk

General Motors is pulling back 40,440 bottles of its ACDelco GMW DOT 3 brake and clutch fluid in the U.S. after federal tests flagged visible sediment in a single lot from 2022—a possible safety risk for brakes. The recall covers containers with part number 19353126 and lot number 01977 091222. The action falls under NHTSA recall 26E025 and GM’s own reference N262552830.
7 May 2026
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Celsius Stock Rallies After Earnings Beat as Alani Nu and Rockstar Lift Sales

Celsius Stock Rallies After Earnings Beat as Alani Nu and Rockstar Lift Sales

Celsius Holdings soared Thursday, popping up to 10% before the bell after the company posted first-quarter numbers that topped Street forecasts. The energy-drink player delivered $782.6 million in revenue—well ahead of the $764.4 million analysts had penciled in—and reported adjusted earnings per share above estimates. Sales growth was fueled in part by Alani Nu and Rockstar Energy as Celsius made further inroads in U.S. energy drinks.
7 May 2026
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Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities bumped up its price targets for a slate of AI-driven memory and storage names, boosting Micron Technology to $740 from $545 and moving Western Digital to $550 from $470. Wall Street’s appetite for data-center memory plays continues, with the firm maintaining its bullish stance on Micron, Western Digital, and SanDisk, the note shows.
7 May 2026
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Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet jumped 12.3% ahead of the bell Thursday, after the cybersecurity name came through with first-quarter numbers that beat Wall Street, and dialed up its 2026 forecast on stronger demand for network-security offerings. Adjusted earnings landed at 82 cents per share on $1.85 billion in revenue, topping consensus calls for 62 cents and $1.73 billion.
7 May 2026
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DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash plans to shell out roughly $100 million on driver gas benefits in the first half of 2026, turning what started as a short-term measure into a major expense as fuel prices squeeze the gig-delivery sector. More than $50 million of that is projected just for the current quarter, after DoorDash already logged about $50 million in the first quarter, according to Business Insider.
7 May 2026
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Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Shares of Corning Incorporated jumped ahead of Thursday’s U.S. open, climbing almost 12% to $181.57 after Nvidia disclosed a $500 million warrant stake in the glass and fiber specialist. The companies also unveiled a multiyear agreement to ramp up U.S. manufacturing of optical equipment for AI-focused data centers. Nvidia, meanwhile, traded up 5.7% at $207.83.
7 May 2026
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Constellation Energy

NASDAQ: CEG 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY

Walt Disney

NYSE: DIS 92 / 100
#4 ACCUMULATE

AIG

NYSE: AIG 90 / 100
#5 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 88 / 100
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