Stock market today: Dow, S&P 500, Nasdaq futures climb as high-stakes Trump-Xi summit kicks off
US stock futures stepped higher on Thursday as President Trump and his Chinese counterpart Xi Jinping held a high-stakes meeting, with relations on trade and AI in the balance. Dow Jones Industrial Average (YM=F) rose 0.3%, while those on the broad benchmark S&P 500 (ES=F) edged up 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) climbed 0.5% following a record-setting Wednesday for Wall Street stocks. » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures climb as high-stakes Trump-Xi summit kicks off »
Read MoreNvidia becomes first-ever company to cross $5.5 trillion market value as analysts issued a ‘stock warning’ for May 21
Nvidia crossed a market value of $5.5 trillion on Wednesday, May 13 after its shares rose around 3% in afternoon trading, further strengthening its position as the world’s most valuable company. The rally came as Nvidia CEO Jensen Huang was traveling with US President Donald Trump to China ahead of meetings with Chinese President Xi Jinping.
Read MoreCathie Wood trims $3.17M of surging bioscience stock
There is a pattern to how Cathie Wood exits positions. It rarely happens in one move. It happens in layers, a little here, a little there, until you look back and realize ARK has been sending a signal for weeks. That pattern is playing out right now with Twist Bioscience (TWST). On May 12, ARK sold 56,429 shares of TWST across its ARK Innovation ETF (ARKK) and ARK Genomic Revolution ETF (ARKG),
» Read more about: Cathie Wood trims $3.17M of surging bioscience stock »
Read MoreWD Named to 2026 S&P Dow Jones Best‑in‑Class Index North America, Recognizing Leadership in Sustainable AI Infrastructure
First‑Time Inclusion Reflects WD’s Leadership in Building the Sustainable, Scalable and Energy-Efficient Infrastructure Needed for the AI-Driven Data Economy
SAN JOSE, Calif., May 14, 2026–(BUSINESS WIRE)–Western Digital Corporation (Nasdaq: WDC) today announced it has been included in the 2026 S&P Dow Jones Best‑in‑Class Index (DJ BIC) North America for the first time,
Should Investors Raise Portfolio Allocations to Consumer Staples ETFs?
Consumer sentiment has remained weak for an extended period, with volatility continuing to weigh heavily this year. According to CNBC, consumer pessimism in the United States continues to linger, with economists increasingly debating whether households will meaningfully regain confidence anytime soon.
Per the article, preliminary data for the month of May from the University of Michigan Surveys of Consumers showed sentiment dropping to record lows,
» Read more about: Should Investors Raise Portfolio Allocations to Consumer Staples ETFs? »
Read MoreThe Burst
Market Commentary: Something Ominous Lurks Beneath
Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks.
» Read more about: Market Commentary: Something Ominous Lurks Beneath »
Read MoreThe Ivy
Will This Space Stock Soar By 77%?
Planet Labs (NYSE:PL) is a unique tech company that uses its fleet of satellites to image the entire planet every day.
Through this effort, Planet Labs has created a massive database of Earth images that can be used by its customers to draw insights about a host of industries, geographic changes and even military movements.
» Read more about: Will This Space Stock Soar By 77%? »
Read MoreThe Spotlight
200 Billion Reasons To Buy This Payment Processor
The Shift4 story begins like many tech legends – with founders working out of their parents’ basements. However, in addition to the fact that Shift4 isn’t based in Silicon Valley, there is a key difference between this company and its tech peers. Shift4 wasn’t founded by a college dropout. In fact, its founder didn’t go to college at all.
» Read more about: 200 Billion Reasons To Buy This Payment Processor »