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Stock Market 12 May 2026

Sega Cancels ‘Super Game’ as Live-Service Gamble Runs Out of Road

Sega Cancels ‘Super Game’ as Live-Service Gamble Runs Out of Road

Sega Sammy has canceled its “Super Game” project and shifted over 100 developers to core franchise teams, citing weak free-to-play performance and losses at Rovio and Stakelogic. The company reported a net loss of ¥5.8 billion for the year ended March 31, despite a 13.7% rise in net sales to ¥487.5 billion. Sega will continue with planned revivals of key titles but most lack release dates.
12 May 2026
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Gasoline Price Today: RBOB Rises as Hormuz Risk Beats Pump-Price Relief Talk

Gasoline Price Today: RBOB Rises as Hormuz Risk Beats Pump-Price Relief Talk

RBOB gasoline futures rose about 2% to $3.67 a gallon early Tuesday, tracking gains in crude and heating oil as U.S.-Iran talks stalled and Strait of Hormuz flows faced disruption. U.S. gasoline inventories fell 2.5 million barrels, now 4% below the five-year average. AAA reported the national pump average at $4.504 a gallon. President Trump said he would seek to suspend the federal gasoline tax, pending congressional approval.
12 May 2026
Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Oil Price Today: Brent Climbs as Hormuz Risk Reprices the Barrel

Brent crude traded near $107 a barrel and WTI at $101 on Tuesday as OPEC output fell by 830,000 barrels per day in April, the lowest in over 20 years. Saudi Aramco warned the market is losing about 100 million barrels a week with only a handful of tankers crossing the Strait of Hormuz daily. Traders cited stalled U.S.-Iran talks and ongoing Hormuz disruptions as key drivers. Prediction markets see a slow return to normal traffic.
12 May 2026
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Australia Stock Market Today: ASX 200 Falls as Banks Drop Before Budget, Miners Rally on Copper

Australia Stock Market Today: ASX 200 Falls as Banks Drop Before Budget, Miners Rally on Copper

The S&P/ASX 200 fell 0.36% to 8,670.7 on Tuesday, led lower by banks, tech stocks, and CSL ahead of the federal budget. ANZ and NAB dropped 2.1% each, while Life360 plunged 10.9% after a user-growth glitch despite strong revenue. DroneShield slid 9.9% after disclosing an ASIC probe. Miners rose, with BHP up 2.5% as copper hit a record high.
12 May 2026
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WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

WORK Medical Technology Group’s Nasdaq-listed shares surged 206% Monday to $3.92 after announcing an AI partnership with Shanghai Novabioplus Biotechnology. The stock swung between $0.19 and $4.09 before falling 48% in early Tuesday premarket. The companies plan to develop AI-driven models for protein and biological data but disclosed no financial terms or customer details.
12 May 2026
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Microvast Stock Slides After MVST Q1 Earnings: 48% Revenue Drop Raises Liquidity Stakes

Microvast Stock Slides After MVST Q1 Earnings: 48% Revenue Drop Raises Liquidity Stakes

Microvast Holdings reported first-quarter revenue of $60.6 million, down 48% from a year earlier, citing delivery delays and regional pressures. Adjusted results swung to a $14.6 million loss, while cash use rose and the company warned current funds may not cover operations for the next year without new financing. Shares fell about 5% early Tuesday. Gross margin dropped to 31.6% from 36.9%.
12 May 2026
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IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ Stock Jumps as SkyWater Vote Puts $1.8 Billion Quantum Deal on the Clock

IonQ shares rose 15.54% to $56.89 Monday after SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition. The vote clears a major hurdle, but the deal still needs regulatory approval. SkyWater shareholders will receive $15 in cash and $20 in IonQ stock per share. IonQ reported first-quarter revenue of $64.7 million, up 755% from a year earlier.
12 May 2026
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India Stock Market Today: Nifty Falls as Rupee Hits Record Low

India Stock Market Today: Nifty Falls as Rupee Hits Record Low

Indian stocks fell for a fourth session Tuesday, with the Nifty 50 down 1.45% and Sensex losing 1.63% as the rupee hit a record low and Brent crude climbed above $106 a barrel. Foreign investors have pulled over $20 billion since the Iran war began. IT shares dropped sharply after OpenAI’s new AI venture, while ONGC and Oil India gained on royalty cuts. Consumer inflation data is due at 4 p.m. IST.
12 May 2026
Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti Computing Stock: Revenue Tripled, But One Line Shows Why RGTI Is Still a Quantum Bet

Rigetti reported first-quarter revenue of $4.4 million, up from $1.5 million a year earlier, but posted a $26.0 million operating loss as spending on research and system development rose. The company launched its 108-qubit system on major cloud platforms and ended March with $569 million in cash and no debt. Shares closed at $20.51, up 8.29% before results.
12 May 2026
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AST SpaceMobile Stock: Q1 Miss Puts $3.5 Billion Cash Cushion And 2026 Satellite Bet In Focus

AST SpaceMobile Stock: Q1 Miss Puts $3.5 Billion Cash Cushion And 2026 Satellite Bet In Focus

AST SpaceMobile posted a first-quarter net loss of $191 million, with revenue rising to $14.7 million but still missing estimates. The company maintained its 2026 revenue forecast and said three BlueBird satellites remain on track for a mid-June Falcon 9 launch. Cash at quarter’s end stood at $3.46 billion. AST recently received U.S. regulatory approval triggering a $45 million Verizon prepayment.
12 May 2026
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Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Stock Jumps After Q1 Revenue Surge, But Core Sales Stay Small

Quantum Computing Inc. shares jumped 14% in premarket trading after first-quarter revenue surged to $3.7 million from $39,000 a year earlier, mainly due to acquisitions of Luminar Semiconductor and NuCrypt. The company posted a $4.1 million net loss and $19.8 million in operating expenses, ending March with $1.4 billion in cash and $16 million in contract backlog.
12 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.05.2026

LIVEMarkets rolling coverageStarted: May 12, 2026, 12:00 AM EDTUpdated: May 12, 2026, 11:59 PM EDT Texas Stock Exchange Leases Space at Uptown Dallas Bank of America Tower May 12, 2026, 11:53 PM EDT. The Texas Stock Exchange (TXSE) signed a lease at the Bank of America Tower at Parkside in Dallas, aiming to establish its Texas Market Center headquarters. The lease contains conditions allowing TXSE to exit without penalties if the city denies approval of an electronic ticker on the tower. Backed by major investors including BlackRock, Goldman Sachs and Citadel Securities, TXSE secured SEC approval last fall to challenge
12 May 2026
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US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

The S&P 500 and Nasdaq closed at record highs Monday, lifted by a surge in semiconductor stocks. After-hours, BuzzFeed soared on news of Byron Allen’s $120 million stake and CEO appointment, while GoPro jumped after announcing a strategic review. Hims & Hers fell following a surprise quarterly loss. Investors await Tuesday’s inflation data amid shifting Fed rate cut expectations.
12 May 2026
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Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack shares closed down 8.0% at $64.50 Monday after UBS cut its price target to $79 from $104, extending losses from last week’s first-quarter miss. The company reported a net loss of $290,000 on revenue of $366.7 million, with adjusted EBITDA down 9.3%. Michelle Hook started as CFO Monday as the chain faces rising beef costs and higher expenses.
12 May 2026
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D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum will report first-quarter results before markets open Tuesday, with consensus revenue estimates around $4.14 million, sharply below last year’s $15 million. Shares rose 6.5% to $24.03 Monday and traded higher after hours. The company disclosed $32.8 million in bookings as of Feb. 25, including a $20 million sale to Florida Atlantic University. Analyst John McPeake maintained a Buy rating and $43 target ahead of the report.
12 May 2026
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Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s family office will invest $120 million for a 52% stake in BuzzFeed, making him chairman and CEO and moving founder Jonah Peretti to a new AI-focused role. Allen Family Digital will pay $20 million in cash and issue a $100 million promissory note. BuzzFeed shares surged 156% after the deal, which values the stock at $3 per share, a 265.9% premium to Friday’s close. BuzzFeed’s Q1 revenue fell 12.4% to $31.6 million.
12 May 2026
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Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International reported first-quarter net income of $7.3 million, down 62% from a year earlier, with revenue falling 5% to $128.6 million. Shares plunged 17.5% to $62.45 at the Nasdaq close and dropped further in after-hours trading. The company did not issue full-year guidance. Gross margin fell to 22.9% from 29.7% a year earlier.
12 May 2026
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Stock Market Today

  • S&P 500 Futures Steady After Tech-Led Rally Pushes Index to New Record
    May 13, 2026, 6:14 PM EDT. S&P 500 futures held steady after a tech sector rally drove the index to record highs. The Nasdaq 100 futures rose 0.3%, led by semiconductor stocks Nvidia and Micron Technology. Cisco Systems soared 14% after outpacing earnings expectations and announcing job cuts. Conversely, Doximity shares dropped 19% following weak revenue guidance. The S&P 500 gained 0.58% and Nasdaq 1.2% during regular trading, while the Dow slipped 0.14%. Investors overlooked a hotter-than-expected producer price index, signaling inflation pressures. Experts highlighted ongoing demand in chipmakers as a catalyst for growth, describing it as earnings-driven rather than speculative. Market watchers await earnings reports from Honda, Yeti, Klarna and others, alongside retail sales and jobless claims data on Thursday.

Latest articles

Aeluma Stock Swings After Q3 Loss as AI Photonics Bet Faces Revenue Delay

Aeluma Stock Swings After Q3 Loss as AI Photonics Bet Faces Revenue Delay

14 May 2026
Aeluma Inc. shares fell 16.3% to $26.35 in after-hours trading Wednesday after the company narrowed its 2026 revenue outlook and posted a $1.8 million quarterly loss. Revenue for the quarter ended March 31 was $1.2 million, missing estimates. The company cited delayed contracts and government shutdowns. Cash stood at $37.8 million at quarter’s end.
Allegiant Just Bought Sun Country. Here’s What Happens to Flights, Rewards and Stock Now

Allegiant Just Bought Sun Country. Here’s What Happens to Flights, Rewards and Stock Now

14 May 2026
Allegiant Travel closed its acquisition of Sun Country Airlines on May 13, making Sun Country a wholly owned subsidiary and ending its status as a standalone public company. Each Sun Country share was converted into $4.10 in cash and 0.1557 Allegiant shares. Allegiant now operates a combined fleet of 195 aircraft serving nearly 175 cities. Sun Country asked Nasdaq to suspend trading and begin delisting.
Doximity Stock Plunges as Weak 2027 Forecast Drowns Out AI Push

Doximity Stock Plunges as Weak 2027 Forecast Drowns Out AI Push

14 May 2026
Doximity shares plunged 19% after hours to $18.94 Wednesday following a fiscal 2027 revenue forecast of $664–$676 million, well below Wall Street’s $697.6 million estimate. Fourth-quarter revenue rose 5% to $145.4 million, but adjusted earnings of 26 cents a share missed expectations. Net income fell to $19.1 million from $62.5 million a year earlier.
BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line

14 May 2026
Bitcoin fell below $80,000 in New York Wednesday, trading at $79,371 after U.S. inflation data and renewed outflows from spot bitcoin funds. U.S. spot bitcoin ETFs saw $233.2 million in net outflows on May 12, reversing a prior inflow. Producer prices rose 1.4% in April, the biggest jump since March 2022. Ether dropped 1.3% to $2,255.55; Solana fell 4.1% to $90.89.
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