Stock Market News — May 13, 2026 - Evening Update, Pacific Time
Tech stocks surge to record highs on Cisco's earnings beat and AI momentum, while the Trump-Xi summit in Beijing sparks trade optimism—China renews U.S. beef licenses and the yuan hits a three-year high. However, Honda's first annual loss in 70 years signals the brutal cost of EV transition for lega
Stock Market News — May 13, 2026 - Morning Update (last 12 hours, Pacific Time)
U.S. stocks hit record highs Wednesday as tech and semiconductor shares surged on optimism surrounding Trump's China visit with Nvidia CEO Jensen Huang, while Tower Semi's $1.3B AI chip deal and Nebius's eightfold revenue jump underscored accelerating AI demand. European markets also rose, though Ir
Stock Market News — May 11, 2026 (Evening update, PT)
S&P 500 hits record 7,400 as AI dominance continues—OpenAI and Microsoft cap revenue-sharing at $38B while GOP scrutiny threatens Sam Altman's IPO plans. Middle East tensions and regulatory headwinds temper gains ahead of Tuesday's crucial CPI data.
Stock Market News — May 07, 2026 (Evening update, Pacific Time)
U.S.-Iran military tensions and a federal court striking down Trump's 10% tariff as illegal rattled markets, while Anthropic's near-$1 trillion valuation bid and Nvidia's $2.1B IREN investment kept AI momentum alive. Shake Shack crashed 30% on weak earnings, signaling consumer spending stress despit
Stock Market News — May 07, 2026 (Morning Update, Pacific Time)
US-Iran peace talks lifted stocks to record highs before Iran's cautious response cooled momentum, while tech earnings from Fortinet (+22%), Datadog (+31%), and Qualcomm (+15%) powered a software-semiconductor rally. Consumer weakness deepened with Shake Shack (-30%), Planet Fitness (-36%), and Whir
Stock Market News — May 05, 2026 - Evening update, PT
Asian markets hit record highs Wednesday as AI euphoria and geopolitical easing drove gains, with Samsung Electronics crossing $1 trillion market cap and AMD, Anthropic, and OpenAI all signaling massive AI spending commitments. However, tariff headwinds and Middle East tensions weighed on industrial
Stock Market News — May 04, 2026
Executive Summary
Markets opened the week under pressure as renewed U.S.-Iran tensions over the Strait of Hormuz sent
Latest Market News — January 13, 2026 (Last 12 Hours) — Breaking Developments
S&P 500, Dow near record highs despite mixed CPI data. JPMorgan earnings in focus as Trump doubles down on 10% credit card cap, hitting Visa/Mastercard. Apple-Google Gemini deal boosts Alphabet. Japan's Nikkei soars 3.13% on snap election bets. Pentagon invests $1B in L3Harris rockets.
Earnings Reports — January 07, 2026 — Notable Beats & Misses
Mixed earnings day: AAR Corp soars on double beat (+12% EPS), Apogee tumbles 10% on double miss with guidance cut. UniFirst falls 5% despite revenue beat. Industrials show strength while consumer-facing companies miss. 62% beat rate but stock reactions diverge on guidance concerns.
