US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

Chipmakers and AI stocks sent the S&P 500 and Nasdaq Composite surging to new closing highs Wednesday, shrugging off a hotter inflation print that rattled some nerves. The S&P 500 tacked on 0.58% to finish at 7,444.14, with the Nasdaq advancing 1.21% to 26,404.74. Dow Jones Industrial Average lagged behind, sliding 0.13% to 49,693.63, according to preliminary figures.

13 May 2026

AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence infrastructure, shrugging off a hotter-than-expected inflation reading that put a dent in hopes for imminent Fed rate cuts. The S&P 500 added 0.57%; the Nasdaq Composite was up 1.12%. The Dow went the other way, according to Reuters.

13 May 2026

Inflation·NASDAQ:NVDA·Stock Market·Technology

Apple Inc’s $4.4 Trillion Fight: EU AI Rules, China Talks and a Stock Near $300

Apple Inc. jumped into Europe’s battle with Alphabet’s Google on Wednesday, flagging EU draft rules that would force Android to open up to competing AI services. Apple, in a filing seen by Reuters, labeled the draft an “urgent and serious concern” and warned it could bring “profound risks” for users and devices. “The EC is redesigning an OS,” Apple argued, referring to operating system.

13 May 2026

Artificial Intelligence·NASDAQ:AAPL·NASDAQ:GOOGL·Stock Market·Technology

Palantir Stock Slides as Zelenskiy Meeting Puts War-AI Bet in Focus

Palantir Technologies shares slipped Wednesday, despite CEO Alex Karp’s meeting with President Volodymyr Zelenskiy, which again highlighted the U.S. software firm’s role in Ukraine’s ramped-up wartime AI deployment.

13 May 2026

Artificial Intelligence·NASDAQ:PLTR·Technology

POET Technologies Stock Is Back in Focus After COO Hire, Marvell Fallout and Class-Action Deadline

POET Technologies Inc. has installed a seasoned semiconductor operations executive as its new chief operating officer, aiming to ramp up toward volume manufacturing. The Toronto-based photonics company is making the shift while investors digest the impact of canceled orders tied to Marvell and deal with a securities lawsuit.

13 May 2026

NASDAQ:MRVL·NASDAQ:POET·Stock Market·Technology

Ondas Stock on Watch After SkyLance Test and Mistral Share Filing Before Q1 Earnings

Ondas Inc. notched another milestone in its defense portfolio as its UK subsidiary, Rotron Aerospace, wrapped up a firing demo of SkyLance—a long-range one-way effector system. These “one-way effectors” are built for missions where recovery isn’t the goal, operating more like expendable drones.

13 May 2026

Earnings Reports·NASDAQ:ONDS·Technology

Wolfspeed Stock Jumps 21% as Citrini Research Reprices AI Power-Chip Bet

Wolfspeed popped over 21%, up to $65.13 by late Wednesday morning. At one point, shares spiked as high as $77.90. The chipmaker’s market cap swelled to around $2.55 billion on the surge. More than 18 million shares changed hands—well above the stock’s typical volume.

13 May 2026

NASDAQ:WOLF·Stock Market·Technology

LinkedIn Layoffs 2026: Why Microsoft’s Job Cuts Hit Even as Revenue Grows

LinkedIn is set to lay off around 5% of its staff, adding to the tech industry’s persistent job cuts—even as the Microsoft-owned networking platform continues to expand. The news was expected to land with employees this day, according to two people with knowledge of the decision who spoke to Reuters. One of the sources pointed to a push to restructure teams around growth priorities, insisting there’s no stated agenda to swap employees for artificial intelligence, or AI.

13 May 2026

Microsoft·NASDAQ:MSFT·Technology

Truckers Face May 14 Deadline As FMCSA’s Motus Registration System Replaces Legacy Tools

The Federal Motor Carrier Safety Administration plans to pull the plug on its old registration system Thursday night, clearing the way for Motus, a USDOT registration overhaul that’s set to bring motor carriers, brokers, and other regulated players onto a new digital platform. This is among the agency’s most significant registration shifts for trucking in years.

13 May 2026

Technology

AMD’s Quiet Marvell Stake Puts AI Chip Investors on Alert

Marvell Technology surged close to 10% by late morning in New York after a regulatory filing revealed Advanced Micro Devices owned 65,516 shares in the chipmaker at the end of March. It’s a relatively modest stake, but the disclosure grabbed attention given Marvell’s AI data-center hardware profile. According to the filing, the holding was worth $6.49 million at the time. At Marvell’s late-morning level of $180.76, the shares would fetch roughly $11.8 million—if AMD hadn’t changed its position.

13 May 2026

Artificial Intelligence·NASDAQ:AMD·NASDAQ:MRVL·Semiconductors·Technology

Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again

Nokia Oyj is bringing in Siemens executive Emma Falck to head up its Mobile Infrastructure division starting Sept. 1, shifting the leadership of its key telecom segment as the company works to translate an AI-fueled jump in share price into more reliable revenue. Falck will also take a seat on Nokia’s group leadership team, according to the company.

13 May 2026

Artificial Intelligence·NYSE:NOK·Stock Market·Technology

Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back

Intel Corp. shares slid in early U.S. trading Wednesday, opening a window for short sellers following one of Wall Street’s quickest large-cap runs this year.

13 May 2026

NASDAQ:INTC·Stock Market·Technology

VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet

VNET Group Inc. stock surged Wednesday after the Chinese data center firm announced PJ Millennium I Ltd. and PJ Millennium II Ltd. had struck a deal to purchase as many as 650.4 million Class A shares from entities under Shandong Hi-Speed Holdings Group. Each share goes for $1.4486, while one American depositary share—each representing foreign stock—lands at $8.6914.

13 May 2026

NASDAQ:VNET·Stock Market·Technology

SoftBank Group Profit Surges on OpenAI Stake as $64 Billion Bet Faces Cash Test

SoftBank Group on Wednesday reported a sharp jump in quarterly profit, crediting a significant boost from its OpenAI stake. For the January-March period, net profit soared to ¥1.83 trillion—more than triple from a year earlier—with the Vision Fund chalking up a ¥3.1 trillion gain tied to OpenAI.

13 May 2026

Artificial Intelligence·Technology·TSX:9984

IREN Stock’s Nvidia Boost Now Faces a $2.6 Billion Reality Check

• Just days after rolling out its Nvidia-powered AI infrastructure strategy, IREN pushed through an upsized $2.6 billion convertible-note offering.

13 May 2026

MTA:IREN·NASDAQ:NVDA·NVIDIA·Stock Market·Technology

Alibaba’s Earnings Test Is Whether AI Can Pay for the Delivery Fight

Alibaba Group’s U.S.-listed American depositary receipts, the NYSE-traded proxy for the Chinese company, were quoted at $136.15 in early premarket, up 1.02%, after closing Tuesday at $134.78, down 1.84%. That is the first read on the stock today: buyers are not gone, but the chart still carries the damage from pre-earnings risk cutting. Google Finance showed Tuesday’s low at $133.82 and a 52-week high of $192.67, so the rebound starts from a bruised level, not a fresh breakout.

13 May 2026

Artificial Intelligence·E-Commerce·NYSE:BABA·Technology

Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins

Regular U.S. trading is still ahead, making Tuesday’s close the reference point for now. Wolfspeed ended the session at $53.72, a gain of 6.8%, after hitting $53.98 during the day on volume of 12.28 million shares. But premarket screens early Wednesday flashed $77.00—a jump of 43.3% from the close. That’s a big leap in a premarket stretch where thin liquidity can make prices swing hard.

13 May 2026

NASDAQ:WOLF·Stock Market·Technology

Ouster Stock Jumps as NVIDIA Tie-Up Tests the Line Between Real Demand and Rich Valuation

Ouster shares climbed ahead of Wednesday’s bell, buoyed by news that its latest Rev8 OS digital lidar sensors secured qualification for NVIDIA DRIVE Hyperion—a move investors read as opening new doors for the company in autonomous vehicles. The stock ended Tuesday up 1.1% at $27.10, after trading in a range from $24.76 to $28.55. In early premarket action, it was quoted at $28.75, up 6.1% from Tuesday’s finish.

13 May 2026

NASDAQ:NVDA·NASDAQ:OUST·NVIDIA·Technology

Nvidia’s Record Run Hinges on China Access and a May 20 Earnings Test

Nvidia heads into Wednesday’s U.S. session with investors zeroed in on a single issue: will China actually deliver fresh revenue, or is this just more fuel for a stock that’s already hovering close to record highs?

13 May 2026

Earnings Reports·NASDAQ:NVDA·NVIDIA·Stock Market·Technology

Zebra Technologies stock jumps as Q1 earnings reset the automation recovery trade

Zebra Technologies jumped out as a rare winner in a choppy U.S. session. Shares climbed 11.5% to $241.79, after touching $259.19 earlier in the day. Traders snapped up the stock following its first-quarter beat and an improved full-year forecast.

12 May 2026

Earnings Reports·NASDAQ:ZBRA·Stock Market·Technology