AI Stock Market News Today

GameStop is reportedly considering a bid for e-commerce giant eBay in an effort to modernize its retail presence. The move would signal a drastic shift in strategy for the gaming retailer.

• GameStop reportedly interested in eBay acquisition
• Strategy aimed at adapting to changing consumer preferences

NuScale Energy is advancing Europe's first small modular reactor project, though a seven-year deployment window remains. The company faces stiff competition from cheaper renewable storage solutions and significant operational losses.

• 426-MW SMR project in Europe expected online in 7 years
• LCOE for NuScale SMRs estimated at $89-$102/MWh

JetBlue Airways saw a price surge following reports that a proposed $500 million government rescue for Spirit Airlines may have collapsed. The carrier is simultaneously implementing cost-recovery strategies to offset rising fuel expenses.

• JBLU closed at $4.86, up 4.40%
• Proposed $500 million Spirit Airlines bailout may have failed

Riot Platforms shares climbed over 7% following Q1 results that highlighted successful diversification into AI infrastructure. The company is scaling its data center capacity through a strategic partnership with AMD.

• RIOT stock closed at $18.50, up 7.31%
• Trading volume hit 32.6 million shares, 74% above average

Remitly Global shares surged nearly 40% in April as the company reported strong growth and expanded its digital reach. The firm is successfully navigating concerns over immigration policy and stablecoin competition.

• April stock price increase of 39.7%
• Year-to-date gain of 72%

Oklo's stock has retreated 15% as investors weigh the company's ambitious AI power goals against significant fuel supply gaps. The firm lacks NRC approval and operational reactors, leaving a multi-year window of speculation.

• Stock down 15% in three months following 2025 rally
• Aurora reactors target AI data centers and remote industrial sites

Strong earnings projections and stabilizing valuations make the Invesco QQQ ETF an attractive option for May. The tech sector continues to outperform the broader market, driven by the ongoing AI expansion.

• Tech sector grew 27% in April 2026
• QQQ forward P/E currently stands at 23

Investors at the annual meeting expressed cautious optimism regarding Greg Abel's tenure as CEO. While some miss the charisma of Warren Buffett and Charlie Munger, confidence remains high in Abel's operational capabilities.

• Greg Abel took over as CEO in January
• Investors trust Buffett's selection and vetting process

Quantum computing firm IonQ saw its stock price jump 56.5% in April after securing a research contract from DARPA. Despite the rally, the company continues to face significant operating losses and limited commercial viability.

• Stock price increased 56.5% in April
• New research contract awarded by DARPA

The S&P 500 and Nasdaq reached new all-time highs driven by strong tech earnings, specifically from Apple. However, energy markets are signaling volatility as oil prices climb amid warnings of supply disruptions in the Strait of Hormuz.

• Nasdaq and S&P 500 hit all-time highs
• Apple and Five9 lead tech earnings surge

New text from the Clarity Act seeks to prohibit stablecoin issuers from paying interest on holdings while allowing transaction-based rewards. The move aims to prevent digital assets from undermining the core deposit functions of US depository institutions.

• Prohibits yield based solely on holding stablecoin reserves
• Protects depository institutions from direct competition

Huntsman expects its semiconductor-grade specialty amines to contribute over $5 million by 2026. The company is adjusting pricing to maintain margins against rising raw material costs.

• Expected $5M+ contribution by 2026
• Focus on semiconductor-grade specialty amines