May 13 Earnings Release Stocks
(NIBS) Nebius Group N.V. posted strong first-quarter results, with revenue surging 684% year over year to $399 million, beating the Wall Street estimate of $388 million. The company also raised its 2026 ARR outlook to between $7 billion and $9 billion and secured up to 1.2GW of power for its planned Pennsylvania AI facility. Shares rose as much as 17% intra-day, hitting a new 52-week high, and are now up 114% year to date.
(BABA) Alibaba Group Holdings Ltd.reported fourth-quarter fiscal 2026 results, with revenue rising 2.9% year over year to CNY35.28 billion. The company posted adjusted earnings of 62 fen per share, while reported EPS came in at CNY10.36. Alibaba also disclosed quarterly AI revenue of RMB 9 billion, implying an annual revenue run rate of approximately $5.3 billion.
May 13 Earnings Release Stocks
(ENVX) Enovix Corporation reported first-quarter 2026 revenue of $7.6 million, up 49% year over year, while GAAP gross profit reached $1.6 million. The company posted a net loss of approximately $38.3 million and guided second-quarter revenue to between $8 million and $9 million, supported by rising demand in smart eyewear and drones. Smartphone field tests are also underway ahead of broader commercialisation targeted for 2027.
(CSCO) Cisco Systems, Inc. reported third-quarter fiscal 2026 non-GAAP earnings of $1.06 per share, as revenue rose 12% year over year to $15.84 billion, surpassing consensus estimates. Total software revenue climbed 36.9% to $5.6 billion, while subscription revenue reached $7.83 billion and accounted for 51% of total sales. The company also raised its revenue outlook, citing strong demand and increased AI investments, despite plans to cut about 4,000 jobs and record roughly $1 billion in restructuring charges.
Forex Market Update: GBP hit
Understading UK politics is beyond my pay grade but apparently this news paves the way for a leadership challenge against PM Starmer.
Josh Simons is expected to stand aside for Andy Burnham imminently, Bloomberg’s Wickham reports (Newsquawk)
GBPUS down sharply, EURGBP spikes up
1 HOUR CHARTS
EURUSD EURGBP GBPUSD

Just words but likely helping the risk on mood (USD500 busts through 7500, NAS100 eyeing but still below30000)

US April Retail Sales

US Retail Sales Ex Autos MoM (Apr) M/M 0.7% vs. Exp. 0.6% (Prev. 1.9%)
US Retail Sales Ex Gas/Autos MoM (Apr) M/M 0.5% (Prev. 0.6%)
US PRE-MARKET MOVERS: NVDA, CSCO, BA, WHR, TTWO, FISV, KLAR
ES +0.3% NQ +0.3% RTY +0.1%

<p style=”text-align: center;”>Source: Try Newsquawk free for 7 days</p>
… departing drom the summit on Friday, May 15, 2026 …
(I guess as soon as the door on A/Force 1 shuts).
… not “to take any dramatic steps during his trip to China, but think he could make his next move immediately afterward.” …
By Dave Lawler, Barak Ravid on Axios
… Israeli officials say they’ll be on high alert this weekend in case Prez T decides to resume the war. Any such operation would take place in coordination with the Israeli military, the officials say. …
place your bets girlz n boyz
Today’s Market Minute (Reuters)
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