Stock Market News — May 12, 2026 - Morning update, Pacific Time
U.S. stocks fell Tuesday as hotter-than-expected April CPI data and Iran ceasefire stalling cooled the AI rally, while eBay flatly rejected GameStop's $56 billion takeover bid. JPMorgan's Jamie Dimon warned of "too much exuberance" as European markets closed broadly lower and ZoomInfo crashed 35% on
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 11, 2026 - Morning update, Pacific Time
Markets rallied Monday as AI chip stocks—Intel, Qualcomm, Micron, and Corning—surged on strong momentum and potential deals, while Cerebras upsized its IPO to $4.8B. Oil prices spiked on US-Iran tensions, pressuring airlines, as investors await this week's inflation data and the Trump-Xi summit in B
Stock Market News — May 08, 2026 (Weekend evening update, Pacific Time)
Wall Street hit record highs Friday as Intel surged 15% on a preliminary Apple chip-manufacturing deal and a strong April jobs report boosted the S&P 500 and Nasdaq. An IPO wave is accelerating with five major companies filing this week, while Moderna jumped 18.6% on hantavirus vaccine plans
Stock Market News — May 08, 2026
Wall Street hit record highs Friday as Intel surged 15%+ on an Apple chip-manufacturing deal and strong April jobs data boosted sentiment, but European markets tumbled on U.S.-Iran military clashes near the Strait of Hormuz that rattled energy prices and global outlook.
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 06, 2026 (last 12 hours, Evening update, Pacific Time)
Global markets hit record highs Wednesday-Thursday as U.S.-Iran peace deal optimism sent oil prices tumbling and risk assets soaring. Japan's Nikkei broke 61,000 for the first time, the S&P 500 and Nasdaq reached all-time closing highs, and AMD's blowout earnings sparked a broad AI-sector rally, wit
Stock Market News — May 06, 2026 (Mid-day update, Pacific Time)
Wall Street hit record highs as U.S.-Iran peace deal hopes sent oil below $100/barrel and AMD's blowout earnings sparked a global AI chip rally. The S&P 500 and Nasdaq surged alongside gains in Taiwan (+4.57%) and Europe, with Disney, CVS, and Uber also posting strong beats—though Arista Networks pl
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
