May 7, 2026
Image source: Pexels
US stock futures edged higher Friday morning as investors weighed escalating tensions between Washington and Tehran and braced for the release of the April jobs report.
Futures linked to the S&P 500 rose 0.5% as Nasdaq 100 futures climbed 0.7%.
Contracts on the Dow Jones rose 0.3%.
Crude prices moved sharply higher in after-hours trading after military clashes erupted near the Strait of Hormuz.
US benchmark West Texas Intermediate crude jumped roughly 2% after both the US and Iran accused one another of initiating attacks in the region.
President Trump posted on Truth Social that US destroyers were unharmed and described the military action against Iranian forces as limited, adding that the ceasefire agreement remains intact. Yahoo Finance reports.
🧠 Marvell Technology stock slides 7% — why the AI chip favorite just hit a wall
Marvell Technology edged up 1.7% in early premarket action Friday, recouping only a sliver of Thursday’s 7.05% slide.
That stumble dragged the AI data-center chipmaker off its 52-week peak. The stock ended Thursday at $160.01, having dipped to $158.55 earlier in the session.
It’s all about timing.
Marvell is set to deliver fiscal first-quarter numbers on May 27, and after a rapid climb in April, investors want to see if AI infrastructure demand can keep the rally going.
The company plans to hold its call at 1:45 p.m. Pacific, right after the results drop. TechStock² reports.
🔐 CrowdStrike Holdings stock jumps 8% as AI cybersecurity rally meets CEO share sale
CrowdStrike Holdings surged 8% Thursday, outperforming a soft U.S. market as traders rotated back into cybersecurity names benefiting from AI momentum.
Datadog shot higher following a raised outlook, while both CrowdStrike and Palo Alto Networks posted gains, even as the S&P 500 slipped.
This development lands in the middle of a debate: does AI undercut cybersecurity vendors, or expand their opportunities?
Back in February, shares of CrowdStrike, Datadog, and Zscaler dropped roughly 11% following the rollout of an AI security tool by Anthropic.
Robert W. Baird analyst Shrenik Kothari described the slide as a “narrative-led selloff,” noting that the tool didn’t actually address live intrusion defense. TechStock² reports.
🧠 Datadog’s $1 billion AI quarter sends stock flying
Datadog surged Friday, catching the market’s attention as the New York-based software company lifted its 2026 sales target and clocked its first-ever quarter with revenue topping $1 billion.
That’s a pointed response to skepticism around AI’s impact on enterprise software demand.
Shares were last seen at $188.73, up $45.02 from the previous close, according to the latest figures. TechStock² reports.
🔐 Why Akamai shares are trading higher by 26%
Shares of Akamai Technologies rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY26 sales guidance.
Akamai reported first-quarter revenue of $1.074 billion for the period ended March 31, beating analyst estimates by 0.17%.
Revenue was up 6% year over year.
The company reported earnings per share of $1.61, surpassing estimates by 8.78%.
Akamai Technologies shares jumped 26.4% to $147.50 in pre-market trading. Benzinga reports.
☁️ IREN Limited stock jumps after Nvidia’s $2.1 billion AI cloud bet: what changed
Nvidia is set to invest as much as $2.1 billion in IREN Limited through a fresh AI infrastructure tie-up, offering the Nasdaq-listed data center player a heavyweight ally as it looks to convert its bitcoin mining operations into AI cloud services.
IREN stock jumped roughly 9% after hours, finishing the session at $56.85, according to Reuters.
Timing is key here, with the AI rush still bumping up against a relentless bottleneck: compute resources. GPUs, the backbone chips for AI training and deployment, demand massive, power-hungry data centers, and those don’t spring up overnight.
IREN, calling itself a “neocloud,” aims to step in as a specialist renting out Nvidia-powered computing capacity to firms that want AI infrastructure but can’t wait years to build out their own. TechStock² reports.
⚡ NuScale Power stock sinks after Q1 loss puts its SMR cash story under pressure
NuScale Power Corp. slid late Thursday after the company posted a bigger first-quarter loss and revenue tumbled, burning through $314.7 million in operating cash.
Shares last traded at $11.48 in the after-hours session, off 8.7%, following a 6.95% drop to $12.58 at the close, according to MarketScreener.
The report arrived as investors continue debating how to value the nuclear expansion tied to data centers and artificial intelligence demand.
NuScale stands out as a public SMR play, with small modular reactors designed to deliver scalable nuclear power solutions, supported by regulatory tailwinds but still lacking consistent revenue generation. TechStock² reports.
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Stock Analysis reports.
1) PHOE: Phoenix Asia Holdings Limited
Total gain: +98.48%
2) INOD: Innodata Inc.
Total gain: +38.30%
3) AKAM: Akamai Technologies, Inc.
Total gain: +25.13%
4) FLNC: Fluence Energy, Inc.
Total gain: +23.93%
5) RDAC: Rising Dragon Acquisition Corp.
Total gain: +19.27%
The closing price of the top three market percent gainers trading near or above $3 on May 7.
Stock Analysis reports.
*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
1) ATRA: Atara Biotherapeutics, Inc.
Total gain: +92.82%
The company announces that a class action lawsuit has been filed against Atara Biotherapeutics, Inc. (NASDAQ: ATRA) and certain of its officers. Globe Newswire reports.
2) RXT: Rackspace Technology, Inc.
Total gain: +55.07%
The company announced the signing of a Memorandum of Understanding (MOU) establishing a framework for a multiyear strategic partnership to create an Enterprise AI Cloud purpose-built for regulated enterprises and sovereign workloads where security, governance, and accountability are non-negotiable. Globe Newswire reports.
3) OSG: Octave Specialty Group, Inc.
Total gain: +43.36%
The stock appeared to be moving on no notable news.
*Estimate and Actual numbers represent Earnings Per Share in US Dollars
WEN: Wendy's
Q1 2026
Before Market Open
Estimate: 0.100
Actual: N/A
TMCI: Treace Medical Concepts
Q1 2026
Before Market Open
Estimate: -0.310
Actual: N/A
STWD: Starwood Prop Trust
Q1 2026
Before Market Open
Estimate: 0.400
Actual: N/A
Time (ET)/ Report/ Period
5:45 AM - Fed Governor Lisa Cook speech in Senegal - N/A
7:00 AM - Fed Governor Stephen Miran TV appearance - N/A
8:30 AM - U.S. employment report - April
“The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”
– Jesse Livermore
Sourced in: Reminiscences of a Stock Operator — GoodReads.
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