Today: 15 May 2026
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Technology 6 May 2026 - 8 May 2026

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare AI Layoffs: 1,100 Jobs Cut as Shares Fall After Forecast Miss

Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it shifts to an AI-first model. Shares dropped more than 13% after its second-quarter revenue forecast missed Wall Street estimates. The company expects up to $150 million in charges from the restructuring, mostly in the second quarter. First-quarter revenue rose 34% to $639.8 million, with net loss narrowing to $22.9 million.
8 May 2026
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Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics Stock Slides After Q1 Revenue Miss: AI Optics Boom Faces Wall Street Test

Applied Optoelectronics shares dropped over 10% in post-market trading Thursday after first-quarter revenue and second-quarter guidance missed analyst estimates. Quarterly revenue rose 51% to $151.1 million, but the company posted a GAAP net loss of $14.3 million. Data-center revenue more than doubled to $81.4 million. The company completed its first volume shipment of 800G products to a hyperscale customer.
8 May 2026
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Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies Stock Slides As $1 Billion Debt Deal Tests Its Alkira AI Bet

Lumen Technologies shares dropped 13% after its Level 3 unit priced $1 billion in 7.5% senior notes due 2037, raising concerns about its debt. First-quarter revenue fell 9% to $2.9 billion, with adjusted loss widening to 47 cents a share. Lumen agreed to buy Alkira for $475 million in cash. Long-term debt stood at $12.96 billion as of March 31, down from $17.44 billion at 2025’s end.
7 May 2026
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Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software Stock Swings as AI Ad Engine Lifts Revenue, But $279 Million Charge Deepens Loss

Unity Software reported a 17% jump in first-quarter revenue to $508.2 million, but a $279 million impairment charge drove its net loss to $347 million. Shares fell 1.8% midday. Adjusted EBITDA rose to $138 million, and free cash flow climbed to $66 million. CEO Matt Bromberg said AI-driven ad system Vector saw revenue rise 80% year over year.
7 May 2026
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DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

DocuSign Adds Redis CEO to Board as AI Contract Push Faces Bigger Test

Docusign appointed Redis CEO Rowan Trollope to its board, effective May 2, according to a regulatory filing Wednesday. Shares rose 4.1% to $48.43 after the announcement. Trollope, 53, fills a Class III director seat expiring in 2027. The move comes as Docusign expands into contract-management software beyond e-signatures.
7 May 2026
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Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies shares surged over 30% in U.S. trading Thursday after the company forecast a second-quarter rebound and declared a cash dividend. First-quarter revenue reached $199 million, down 2% from the prior quarter but at the top end of guidance. Himax expects Q2 revenue to rise 10–13%, with gross margin near 32%. Automotive chip sales and WiseEye AI for smart glasses drove investor focus.
7 May 2026
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Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm shares surged 11% to $213.93 Thursday after the company disclosed a leading hyperscaler will receive its custom AI chips later this year. The stock touched $223.58 intraday, lifting its market value to $229 billion. Fiscal Q2 revenue reached $10.6 billion, with $5.4 billion in share buybacks so far in 2026. Investors debated whether Qualcomm remains undervalued as AI chip demand grows.
7 May 2026
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BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry’s QNX unit will demonstrate its real-time operating system for AI-enabled robots, medical devices, and factory automation at the Robotics Summit in Boston on May 27-28. QNX reported a 20% revenue jump to $78.7 million last quarter, with a royalty backlog of $950 million. BlackBerry shares recently traded at $5.91, down 1.3% in early New York trading.
7 May 2026
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Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake shares rose about 10% Thursday to $153.21 amid a sector rally sparked by Datadog’s raised outlook. The stock remains down 35% for the year, with investors watching AI-driven demand ahead of Snowflake’s next earnings report. Datadog shares jumped 29% after reporting $1.01 billion in Q1 revenue. Snowflake last posted 30% product revenue growth and guided for 27% growth in the coming quarter.
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 raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
7 May 2026
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Snap Stock Slides After Q1 Revenue Jump As Perplexity Deal Ends And Guidance Stays Cautious

Snap Stock Slides After Q1 Revenue Jump As Perplexity Deal Ends And Guidance Stays Cautious

Snap Inc. reported first-quarter revenue up 12% to $1.53 billion and daily active users rising to 483 million, but shares fell 5% in late trading after a cautious second-quarter forecast and the end of its $400 million Perplexity AI deal. Net loss narrowed to $89 million. North America user numbers and revenue growth remained weak. The company cited Middle East uncertainty as a near-term drag.
6 May 2026
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Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell Technologies Stock Jumps As AI Server Rally And Texas Move Put June Vote In Focus

Dell shares rose about 10% Wednesday, reaching $238.84, as demand for AI servers boosted the stock. The company will ask shareholders to approve moving its legal home from Delaware to Texas at its June 25 annual meeting. Michael Dell and Silver Lake hold enough voting power to influence the outcome. Dell’s market value stood at roughly $158.3 billion in afternoon trading.
6 May 2026
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CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW Corporation Stock Plunges 20% After Revenue Beat Exposes AI Margin Squeeze

CDW shares fell 19.5% intraday after first-quarter gross margin dropped to 21.0% from 21.6%, despite net sales rising 9.2% to $5.68 billion. Adjusted earnings of $2.28 per share missed analysts’ estimates by one cent. Investors focused on a shift toward lower-margin hardware sales. The stock traded at $110.11, down $26.69 from Tuesday’s close.
6 May 2026
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Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo shares plunged about 30% Wednesday after CFO Amanda Whalen announced plans to step down later this year, despite the company beating first-quarter estimates and raising its 2026 revenue outlook. The stock traded near $16.33 by midday. The company forecast slower Q2 growth and lower margins, prompting Stifel to cut its price target. Whalen will stay through August 21 before moving to an advisory role.
6 May 2026
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QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
6 May 2026
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Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
6 May 2026
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Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Holdings’ U.S. shares jumped 11% to $231.42 Wednesday before its fiscal Q4 results, lifted by optimism around AI infrastructure and AMD’s strong outlook. Wall Street expects Arm to post $1.47 billion in revenue and 59 cents EPS. UBS raised its price target to $245, citing server CPU market growth. Arm will report after the U.S. close and host a webcast at 22:00 BST.
6 May 2026
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IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ will report first-quarter results after the market closes Wednesday, with analysts expecting revenue of $49.8 million and a loss of 46 cents per share. Shares rose 2.6% to $49.26 in morning trading, valuing the company at $14.5 billion. IonQ’s $1.8 billion SkyWater Technology acquisition remains pending regulatory and shareholder approval. The company launched a commercial InSAR satellite radar product on Monday.
6 May 2026
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Stock Market Today

  • Live Cattle Futures Close Lower Amid Mixed Beef Market Data
    May 15, 2026, 7:32 AM EDT. Live cattle futures fell between 32 to 72 cents on Thursday amid mixed wholesale boxed beef prices, with Choice boxes down $1.23 to $387.45 and Select down 42 cents to $389.00. Cash sales in the South reached around $260, while northern dressed trade ranged $408-415. Feeder cattle futures declined $1.20 to $2.92, despite the CME Feeder Cattle Index rising 9 cents to $373.23 on May 13. The USDA reported 108,000 cattle slaughtered on Thursday, up 4,000 from last week but down over 34,000 from last year. Beef export sales for 2026 dropped to 7,538 MT, with Mexico and South Korea among top buyers. Active New World Screwworm cases persisted near the U.S.-Mexico border, potentially impacting trade dynamics.

Latest articles

SolarEdge Stock Jumps 17% as Tax-Credit Deadline Puts SEDG Turnaround Back on Watch

SolarEdge Stock Jumps 17% as Tax-Credit Deadline Puts SEDG Turnaround Back on Watch

15 May 2026
SolarEdge Technologies shares surged 17.47% to $50.24 on Thursday as investors anticipated a spike in orders ahead of a July 4 U.S. solar tax-credit deadline. CEO Yehoshua Nir told a Deutsche Bank conference that demand rose in March and April. First-quarter revenue reached $310.5 million, with a net loss of $57.4 million. Maoz Sigron will become CFO on May 31, replacing Asaf Alperovitz.
Smart Powerr Stock Surges 257%: The Nasdaq Delisting Fight Behind CREG’s Wild Move

Smart Powerr Stock Surges 257%: The Nasdaq Delisting Fight Behind CREG’s Wild Move

15 May 2026
Smart Powerr Corp.’s shares fell to $0.4868 in Friday premarket trading after closing up 257% at $0.7143 Thursday, driven by speculation over a possible Nasdaq delisting delay. The stock remained below Nasdaq’s $1 minimum bid-price rule, keeping its listing at risk. Trading volume surged to 500.7 million shares Thursday from 5.8 million the day before. Smart Powerr reported $262,509 in 2025 sales.
AEP Stock Sale Swells Toward $3 Billion as Data-Center Power Boom Tests Utilities

AEP Stock Sale Swells Toward $3 Billion as Data-Center Power Boom Tests Utilities

15 May 2026
American Electric Power’s stock sale grew to nearly $3 billion after underwriters exercised options for 3.07 million additional shares, SEC filings showed. The move follows AEP’s decision to raise its 2026–2030 capital plan to $78 billion amid surging demand from data centers and industrial users. Shares fell 3% Wednesday on dilution concerns. AEP expects to receive proceeds by May 2028 upon settlement of forward contracts.
Dow Back Above 50,000 as Nvidia, Cisco AI Rally Faces Friday Yield Shock

Dow Back Above 50,000 as Nvidia, Cisco AI Rally Faces Friday Yield Shock

15 May 2026
U.S. stock futures dropped early Friday, with Dow E-minis down 0.66%, S&P 500 E-minis off 1.07%, and Nasdaq 100 E-minis falling 1.56% after record closes. Cisco shares jumped 13.4% Thursday on strong earnings and a raised revenue forecast. The 10-year Treasury yield reached 4.54%, and Brent crude climbed to $109 a barrel as the Strait of Hormuz stayed closed. Investors await Nvidia and retailer earnings next week.
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