Bitcoin Surge Keeps Crypto in Focus 14/05/2026

 HOT stories for today

Market wrap:

• U.S. stocks pushed further into record territory Wednesday, led by another powerful rally in technology shares even as inflation data came in hotter than expected. The S&P 500 rose 0.6%, while the Nasdaq Composite climbed 1.2%, with both indexes posting fresh intraday and closing highs. The Dow Jones Industrial Average lagged, falling 67.36 points, or 0.1%. Investors digested a sharp jump in April producer prices, with the PPI rising 1.4% from the prior month, the largest increase since March 2022 and well above economist forecasts. The report reinforced concerns that higher energy costs tied to the Iran conflict are continuing to feed through the economy. Despite those inflation worries, semiconductor and AI-linked technology stocks drove the market higher. Nvidia (NVDA) and Micron Technology (MU) were among the session’s strongest performers as investors continued betting on the long-term AI infrastructure boom. 
• Sentiment around the chip sector was also supported by reports that the U.S. approved H200 chip sales to 10 Chinese firms. Nvidia CEO Jensen Huang joined President Donald Trump during meetings with Chinese President Xi Jinping in Beijing, fueling hopes for improving semiconductor trade relations between the two countries. Oil prices also remained elevated as traders weighed supply risks and rising volatility in global energy markets. Investors now turn to another busy day of earnings and economic data. Honda Motor, Yeti, Viking Holdings, Klarna, Bullish and Versant Media are due to report before Thursday’s opening bell. On the economic calendar, markets will watch April retail sales, import and export price data, and weekly jobless claims. New York Fed President John Williams is also scheduled to speak Thursday afternoon.

Trump-Xi Talks Put Chips, Boeing and EVs in Focus

• Investors are closely watching semiconductor, aerospace and electric-vehicle stocks as President Donald Trump begins high-stakes talks with Chinese President Xi Jinping in Beijing. Trade policy, artificial intelligence, rare earth supplies, Taiwan and the Iran conflict are expected to dominate discussions, with markets highly sensitive to any signs of easing tensions between the world’s two largest economies. Boeing (BA) is emerging as one of the clearest stocks to watch. Analysts say China could agree to fresh aircraft purchases as part of a broader trade package tied to tariff relief and improved relations. Bank of America said a potential order for roughly 500 Boeing planes is being discussed, which would mark the company’s first major Chinese order in nearly a decade.Semiconductor names are also in focus as investors look for possible relaxation of export controls. Analysts say companies tied to chip equipment and AI infrastructure could benefit if the summit leads to improved technology trade relations.
• ASML Holding (ASML) is viewed as a key potential beneficiary, particularly if the U.S. softens restrictions on advanced semiconductor equipment exports in exchange for improved access to rare earth supplies. Electric-vehicle and battery companies are also attracting attention. Morgan Stanley said Contemporary Amperex Technology could benefit from improving U.S.-China cooperation following its licensing partnership with Ford Motor (F). Strategists caution that any agreements may initially focus on symbolic or incremental commitments, including purchases of U.S. agricultural goods, energy exports and aircraft, rather than a broader reset in trade relations. Still, even modest progress could help support sectors tied to global manufacturing, semiconductors and industrial supply chains.

Stocks on the move:

• Cisco Systems (CSCO): Shares surged 17% after the company beat quarterly earnings and revenue expectations and issued stronger-than-expected guidance. Cisco also announced plans to cut nearly 4,000 jobs.
• StubHub (STUB): Shares jumped 13% after first-quarter revenue and adjusted EBITDA topped Wall Street estimates.
• Doximity (DOCS): Shares dropped 19% after current-quarter and full-year revenue guidance came in below analysts’ expectations. Fourth-quarter adjusted earnings also missed estimates.
• Jack in the Box (JACK): Shares rose 1% after adjusted EBITDA beat expectations, even as revenue and adjusted earnings fell short.

Watchlist: OKLO, MU, LUNR, KLAR, VIK, CSCO, DOCS, NVDA, META

Key Economic Events Today:

EST time

08:30 am: USD Core Retail Sales
08:30 am: USD Unemployment Claims, Import Prices
10:00 am: USD Business Inventories
10:15 am: USD FOMC Member Schmid Speaks
01:00 pm: USD FOMC Member Hammack Speaks


Earnings

BMC (Before Market Open): Bookfield Corp (BN), Viking Holdings (VIK), Nova Ltd. (NVMI), Klarna Group (KLAR), Intuitive Machines (LUNR)

AMC (After Market Close): Cisco Systems (CSCO), Stantec Inc. (STN), Amdocs Limited (DOCS)


 

The TEFS Analyst team wishes you a successful day!