Senate Banking Committee to Debate CLARITY Act as Crypto Regulation Nears Key Vote
Regulation James Calloway

Senate Banking Committee to Debate CLARITY Act as Crypto Regulation Nears Key Vote

The Senate Banking Committee begins debate on the CLARITY Act, a crypto market structure bill, with over 130 amendments filed. The bill's fate hinges on bipartisan support amid bank-crypto divisions.

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Fermi Inc. Raises Voting Threshold Amid Founder Dispute
Earnings James Calloway

Fermi Inc. Raises Voting Threshold Amid Founder Dispute

Fermi Inc. raised its shareholder vote threshold to 70% for key bylaw changes, escalating the conflict with ousted co-founder Toby Neugebauer ahead of Q1 earnings.

FRMI
Eason Technology ADR Surges 29% on No News
Markets Daniel Marsh

Eason Technology ADR Surges 29% on No News

Eason Technology's ADR jumped 29% to $0.76 on May 14, 2026, but the company told the NYSE American it has no hidden news. Premarket quotes later reached $1.43.

Fervo Energy Shares Surge 35% in Nasdaq Debut Before Easing
IPO Michael Okonkwo

Fervo Energy Shares Surge 35% in Nasdaq Debut Before Easing

Fervo Energy shares rallied 35% in their Nasdaq debut before easing to $35.55 premarket. The company raised $1.89 billion in an upsized IPO.

GOOGL
Richtech Robotics Surges Ahead of Chicago Robot Demos as RaaS Strategy Takes Center Stage
Technology Sarah Chen

Richtech Robotics Surges Ahead of Chicago Robot Demos as RaaS Strategy Takes Center Stage

Richtech Robotics shares surged 9.7% to $2.82 on Wednesday ahead of live robot demonstrations at the NRA Show in Chicago, as the company pivots to recurring revenue models despite a quarterly revenue dip.

RR
Eos Energy Unveils Cerberus-Backed Storage Venture as Q1 Revenue Surges 445%
Earnings James Calloway

Eos Energy Unveils Cerberus-Backed Storage Venture as Q1 Revenue Surges 445%

Eos Energy Enterprises reported a 445% surge in Q1 revenue to $57 million and launched Frontier Power USA, a Cerberus-backed storage venture, while working toward profitability.

EOSE
Cisco's AI Surge Propels Futures Higher as Wall Street Eyes Inflation Data
Markets Daniel Marsh

Cisco's AI Surge Propels Futures Higher as Wall Street Eyes Inflation Data

U.S. stock futures rose early Thursday as Cisco's 19% premarket surge on AI demand and job cuts lifted tech stocks. Markets await April retail sales and jobless claims data.

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Warsh Confirmed as Fed Chair Amid Stubborn Inflation, Rate Cut Bets Fade
Economy Daniel Marsh

Warsh Confirmed as Fed Chair Amid Stubborn Inflation, Rate Cut Bets Fade

Kevin Warsh wins Senate confirmation as Fed chair as April inflation data (CPI +3.8% YoY, PPI +6.0% YoY) complicates rate cut outlook; markets now see 71% chance of no cuts in 2026.

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Indian Stocks Rally Over 1,000 Points, But Rupee Weakness Caps Gains
Markets Daniel Marsh

Indian Stocks Rally Over 1,000 Points, But Rupee Weakness Caps Gains

Indian equities bounced back sharply on Thursday, with the Sensex jumping over 1,000 points, but a record-low rupee and elevated oil prices kept the rally fragile.

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US Retail Sales, Jobless Claims in Focus After Inflation Data Surprise
Economy Daniel Marsh

US Retail Sales, Jobless Claims in Focus After Inflation Data Surprise

April retail sales and weekly jobless claims are set for release at 8:30 a.m. EDT, with import-export prices and business inventories also due.

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Innoviz Secures LiDAR Deals with Kela Technologies Ahead of Q1 Earnings
Technology Sarah Chen

Innoviz Secures LiDAR Deals with Kela Technologies Ahead of Q1 Earnings

Innoviz Technologies secures a framework deal with Kela Technologies for up to thousands of InnovizTwo LiDAR sensors for defense, plus a software agreement with an autonomous driving firm, ahead of Q1 earnings.

INVZ
Cerebras IPO Prices at $185, Raising $5.55 Billion in Year’s Largest Debut
IPO Michael Okonkwo

Cerebras IPO Prices at $185, Raising $5.55 Billion in Year’s Largest Debut

Cerebras Systems priced its IPO at $185 per share, raising $5.55 billion and valuing the AI chipmaker at $56.43 billion. Shares begin trading May 14 on Nasdaq under CBRS.

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