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TSX:XNDU 8 May 2026

Xanadu Stock Faces a New Test as 2X ETF Debuts After 294 Million-Share Filing

Xanadu Stock Faces a New Test as 2X ETF Debuts After 294 Million-Share Filing

Xanadu Quantum Technologies shares dropped 6.16% to $16.31 Friday morning after a resale prospectus flagged nearly 294 million shares and Tradr ETFs launched a 2x long fund tied to the company. The firm will report first-quarter results after markets close on May 14. Radical Ventures II GP Inc. disclosed a 21.56% stake. Xanadu recently announced a chipmaking partnership with EV Group.
8 May 2026
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Stock Market Today

  • Palantir Stock Falls 4.5% Amid Market Rally Despite Strong Earnings
    May 13, 2026, 3:48 PM EDT. Palantir's shares fell 4.5% on Wednesday, contrasting with gains in the broader market where the S&P 500 rose 0.7% and Nasdaq 1.4%. Despite beating first-quarter sales and earnings forecasts and issuing strong forward guidance, the stock is down roughly 27% year to date. Investors appear wary of Palantir's high valuation-about 89 times expected earnings-and increasing competition from AI firm Anthropic. A recent rotation away from tech-focused defense stocks also weighs on the price. While growth prospects remain strong with impressive sales and margins, valuation concerns could extend selling pressure in the near term.

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

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

13 May 2026
Nvidia climbed 2.7% to $226.81 in afternoon trading, pushing its market value above $5.5 trillion, as AI-linked stocks rallied despite a 1.4% jump in U.S. producer prices for April. The PHLX Semiconductor Index gained 2.8%, while prediction markets showed 98% odds against a June Fed rate cut. Nebius surged 19.7% after reporting $399 million in quarterly revenue and plans for a major AI facility in Pennsylvania.
Energy Stocks Today: Exxon Stands Out as Oil Above $100 Runs Into Fed Fears

Energy Stocks Today: Exxon Stands Out as Oil Above $100 Runs Into Fed Fears

13 May 2026
Exxon Mobil rose 0.4% while Chevron and ConocoPhillips slipped as oil stayed above $100 a barrel Wednesday. The Energy Select Sector SPDR Fund edged down 0.1%. U.S. crude inventories fell by 4.3 million barrels last week, according to the Energy Information Administration. Producer prices jumped 1.4% in April, the largest monthly gain in four years.

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UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

UiPath Stock Drops as Its AI Agent Bet Hits a Hard Earnings Test

13 May 2026
UiPath Inc. shares dropped 5.9% to $9.42 on Wednesday, with trading volume above 22 million, after the company launched a new integration for AI coding agents but investors waited for clearer demand signals ahead of its May 28 earnings call. UiPath reported fourth-quarter revenue of $481 million, up 14%, and reached full-year GAAP profitability for the first time.
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