AI & Space Stock Morning Briefing

AI & Space Stock Morning Briefing

Thursday, May 14, 2026 - Generated 13:53 PM PT

Executive Summary

Today's Catalysts

Earnings Today

Tracked stocks reporting today: AMAT (After Close), SPCE (After Close)

Pre-Market Movers

Stocks to Watch Today

• [HIGH] SPCE (Space) -- $2.88 (+0.0%)
• Virgin Galactic
• 2.0x normal volume; reports earnings today; 5 news items; 25% analyst upside

• [HIGH] AMAT (AI) -- $440.56 (+0.9%)
• Applied Materials
• reports earnings today; 5 news items

• [MEDIUM] ORCL (AI) -- $195.61 (+3.1%)
• Oracle
• moved +3.1%; 5 news items; 24% analyst upside

• [MEDIUM] CSCO (AI) -- $115.53 (+13.4%)
• Cisco
• moved +13.4%; 3.2x normal volume; 5 news items

• [MEDIUM] BA (Space) -- $229.21 (-4.7%)
• Boeing
• moved -4.7%; 2.7x normal volume; 5 news items

• [MEDIUM] NVDA (AI) -- $235.74 (+4.4%)
• NVIDIA
• moved +4.4%; 5 news items

• [MEDIUM] TSM (AI) -- $417.72 (+4.5%)
• TSMC
• moved +4.5%; 5 news items

• [MEDIUM] ANET (AI) -- $147.81 (+5.1%)
• Arista
• moved +5.1%; 5 news items; 28% analyst upside

• [MEDIUM] RDW (Space) -- $13.99 (+22.1%)
• Redwire
• moved +22.1%; 3.0x normal volume; 5 news items

• [MEDIUM] DXYZ (Space) -- $45.52 (-12.8%)
• Destiny Tech100
• moved -12.8%; 2.9x normal volume; 5 news items

• [MEDIUM] KTOS (Space) -- $54.85 (+4.5%)
• Kratos Defense
• moved +4.5%; 5 news items; 104% analyst upside

• [MEDIUM] AVGO (AI) -- $439.79 (+5.5%)
• Broadcom
• moved +5.5%; 5 news items

• [MEDIUM] MSFT (AI) -- $409.43 (+1.0%)
• Microsoft
• moved +1.0%; 5 news items; 37% analyst upside

• [MEDIUM] MU (AI) -- $776.01 (-3.4%)
• Micron
• moved -3.4%; 5 news items

• [MEDIUM] SMCI (AI) -- $33.03 (+3.2%)
• Super Micro
• moved +3.2%; 5 news items

• [MEDIUM] UFO (Space) -- $57.97 (+2.9%)
• Procure Space ETF
• moved +2.9%; 2.2x normal volume; 5 news items

• [MEDIUM] AMZN (AI) -- $267.22 (-1.1%)
• Amazon
• moved -1.1%; 5 news items

• [MEDIUM] GEV (AI) -- $1090.53 (+2.6%)
• GE Vernova
• moved +2.6%; 5 news items

• [MEDIUM] LITE (AI) -- $1001.81 (-2.8%)
• Lumentum
• moved -2.8%; 5 news items

• [MEDIUM] BE (AI) -- $303.41 (+4.7%)
• Bloom Energy
• moved +4.7%; 5 news items

Unusual Volume

Overnight News & Developments

NVDA (AI)

• Cerebras stock surges nearly 70% in biggest IPO of 2026 — The AI chipmaker opened at $350 per share, well above its IPO price of $185.

[Yahoo Finance](https://finance.yahoo.com/markets/article/cerebras-stock-surges-nearly-70-in-biggest-ipo-of-2026-130757196.html) - Nvidia tops $5.5 trillion valuation as stock surges — Nvidia stock surged 4% on Thursday. [Yahoo Finance](https://finance.yahoo.com/markets/article/nvidia-tops-55-trillion-valuation-as-stock-surges-153749987.html) - Trump, Elon Musk are trying to open up China for business — President Trump's summit in China with President Xi is underway, with Nvidia (NVDA) CEO Jensen Huang and Tesla (TSLA) CEO Elon Musk tagging along. Yahoo Finance Washington Correspondent Ben Werschkul [Yahoo Finance Video](https://finance.yahoo.com/video/trump-elon-musk-are-trying-to-open-up-china-for-business-150948221.html)

AMD (AI)

• Why Cerebras AI chips stand out in the Nvidia-dominated market — Cerebras' chips are far different from Nvidia's, but both are designed to power AI data centers.

[Yahoo Finance](https://finance.yahoo.com/news/why-cerebras-ai-chips-stand-out-in-the-nvidia-dominated-market-155742216.html) - What's driving the meteoric rise of the DRAM ETF — The Roundhill Memory ETF (DRAM) has become the fastest-growing ETF ever, soaring past $6.5 billion in managed assets. This comes as memory chip stocks like Micron Technology (MU) surge by 180% year-to [Yahoo Finance Video](https://finance.yahoo.com/video/whats-driving-the-meteoric-rise-of-the-dram-etf-143943058.html) - Cerebras Stock Jumps 68% After Blockbuster IPO. CEO Sees Bigger Things Ahead. — Cerebras’ IPO comes at a dramatic time, with chip stocks surging and many at or near all-time highs. [Barrons.com](https://www.barrons.com/articles/cerebras-ipo-stock-ticker-price-eab2b046?siteid=yhoof2&yptr=yahoo)

AVGO (AI)

• Dow Jones Futures: Stocks Power Up As Nvidia Runs, Cerebras IPO Soars; Trump-Xi Summit Continues — The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.

[Investor's Business ](https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nvidia-cerebras-ipo-soars-trump-xi-summit-continues/?src=A00220&yptr=yahoo) - Jim Cramer Makes Big Claim About Broadcom (AVGO) CEO — We recently published Jim Cramer Revealed His Big AI Investing Fear & Discussed These 20 Stocks. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks discussed by Jim Cramer. Broadcom Inc. (NASDAQ:AVGO) i [Insider Monkey](https://finance.yahoo.com/markets/stocks/articles/jim-cramer-makes-big-claim-194038137.html) - Broadcom vs. Taiwan Semiconductor: Which AI Chip Giant Is the Better Buy Right Now? — Both companies are critical to the AI build-out. But one's growth profile and order book make it the more compelling buy. [Motley Fool](https://www.fool.com/investing/2026/05/14/broadcom-vs-taiwan-semiconductor-which-ai-chip-gia/)

MRVL (AI)

• Micron Is Up 698% in a Year. These 3 Stocks Under $15 Ride the Same AI Memory Wave Before Wall Street Notices — Memory is the new oil of the AI economy, and Micron Technology (NASDAQ:MU) has become its biggest beneficiary. The stock has run 124.41% year to date and a staggering 698.01% over the past year as hyp

[24/7 Wall St.](https://247wallst.com/investing/2026/05/14/micron-is-up-698-in-a-year-these-3-stocks-under-15-ride-the-same-ai-memory-wave-before-wall-street-notices/) - ALAB Benefits From Strong UALink Growth: More Upside Ahead? — Astera Lab's UALink 2.0 push and Scorpio switch expansion are fueling AI infrastructure growth, with deployments expected in 2027. [Zacks](https://finance.yahoo.com/sectors/technology/articles/alab-benefits-strong-ualink-growth-161600882.html) - What Is Going On With Marvell Tech Stock On Thursday? — Marvell Technology Inc (NASDAQ:MRVL) trended this week as investors reacted to rising optimism around AI infrastructure spending, expanding partnerships in custom AI chips, and bullish analyst forecas [Benzinga](https://finance.yahoo.com/markets/stocks/articles/going-marvell-tech-stock-thursday-151823241.html)

MSFT (AI)

• AI hyperscalers are 'falling behind' if they're not spending: Strategist — As AI chip stock rally and push the market (^DJI, ^IXIC, ^GSPC) to new record highs, Hamilton Capital Partners CIO Alonso Munoz comes on Market Domination to speak more on the lofty capex spending the

[Yahoo Finance Video](https://finance.yahoo.com/video/ai-hyperscalers-are-falling-behind-if-theyre-not-spending-strategist-204734505.html) - Did Workday’s Microsoft 365 Copilot Integration Just Redefine WDAY’s Enterprise AI Moat? — Earlier in May 2026, Workday announced that its Sana Self-Service Agent is now available within Microsoft 365 Copilot, allowing employees and managers to handle HR and finance tasks directly in Micros [Simply Wall St.](https://finance.yahoo.com/markets/stocks/articles/did-workday-microsoft-365-copilot-201408495.html) - Sector Update: Tech Stocks Rise Late Afternoon — Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR [MT Newswires](https://finance.yahoo.com/markets/stocks/articles/sector-tech-stocks-rise-afternoon-194647658.html)

GOOGL (AI)

• AI hyperscalers are 'falling behind' if they're not spending: Strategist — As AI chip stock rally and push the market (^DJI, ^IXIC, ^GSPC) to new record highs, Hamilton Capital Partners CIO Alonso Munoz comes on Market Domination to speak more on the lofty capex spending the

[Yahoo Finance Video](https://finance.yahoo.com/video/ai-hyperscalers-are-falling-behind-if-theyre-not-spending-strategist-204734505.html) - Are retail investors leaning away from software amid tech rally? — While record-breaking rallies in tech push the US market (^DJI, ^IXIC, ^GSPC) to new heights in 2026, are retail investors still as engaged with these market dynamics that come with these massive valu [Yahoo Finance Video](https://finance.yahoo.com/video/retail-investors-leaning-away-software-141600541.html) - Cerebras Stock Jumps 68% After Blockbuster IPO. CEO Sees Bigger Things Ahead. — Cerebras’ IPO comes at a dramatic time, with chip stocks surging and many at or near all-time highs. [Barrons.com](https://www.barrons.com/articles/cerebras-ipo-stock-ticker-price-eab2b046?siteid=yhoof2&yptr=yahoo)

AMZN (AI)

• AI hyperscalers are 'falling behind' if they're not spending: Strategist — As AI chip stock rally and push the market (^DJI, ^IXIC, ^GSPC) to new record highs, Hamilton Capital Partners CIO Alonso Munoz comes on Market Domination to speak more on the lofty capex spending the

[Yahoo Finance Video](https://finance.yahoo.com/video/ai-hyperscalers-are-falling-behind-if-theyre-not-spending-strategist-204734505.html) - Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul — Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and a [Yahoo Finance Video](https://finance.yahoo.com/video/cisco-surges-on-q3-ai-demand-while-cutting-4000-jobs-in-ai-overhaul-135252913.html) - Fintech dLocal posts first-quarter profit down 10% — Payments provider dLocal on Thursday reported a 10% dip in ‌its first-quarter net profit missing ‌analyst estimates as a one-off tax charge and ​higher expenses offset a surge in payment volumes. Net [Reuters](https://finance.yahoo.com/markets/stocks/articles/fintech-dlocal-posts-first-quarter-203257740.html)

META (AI)

• AI hyperscalers are 'falling behind' if they're not spending: Strategist — As AI chip stock rally and push the market (^DJI, ^IXIC, ^GSPC) to new record highs, Hamilton Capital Partners CIO Alonso Munoz comes on Market Domination to speak more on the lofty capex spending the

[Yahoo Finance Video](https://finance.yahoo.com/video/ai-hyperscalers-are-falling-behind-if-theyre-not-spending-strategist-204734505.html) - Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul — Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and a [Yahoo Finance Video](https://finance.yahoo.com/video/cisco-surges-on-q3-ai-demand-while-cutting-4000-jobs-in-ai-overhaul-135252913.html) - Cerebras Stock Jumps 68% After Blockbuster IPO. CEO Sees Bigger Things Ahead. — Cerebras’ IPO comes at a dramatic time, with chip stocks surging and many at or near all-time highs. [Barrons.com](https://www.barrons.com/articles/cerebras-ipo-stock-ticker-price-eab2b046?siteid=yhoof2&yptr=yahoo)

ORCL (AI)

• Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul — Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and a

[Yahoo Finance Video](https://finance.yahoo.com/video/cisco-surges-on-q3-ai-demand-while-cutting-4000-jobs-in-ai-overhaul-135252913.html) - Oracle (ORCL) Expands Its Agentic AI Push Through U.S. Defense Partnerships — With an upside potential of 27.1%, Oracle Corporation (NYSE:ORCL) earns its place on our list of the best agentic AI stocks to buy right now. Oracle Corporation (NYSE:ORCL) is solidifying its position [Insider Monkey](https://finance.yahoo.com/sectors/technology/articles/oracle-orcl-expands-agentic-ai-165910729.html) - Phunware appoints Dmitry Kroshka CEO to lead AI platform strategy — Phunware Inc. CEO Dmitry Kroshka joined Steve Darling from Proactive to discuss his appointment as the company’s new Chief Executive Officer and outline Phunware’s next phase of AI-driven growth. Kros [Proactive](https://finance.yahoo.com/video/phunware-appoints-dmitry-kroshka-ceo-161837227.html)

TSM (AI)

• Dow Jones Futures: Stocks Power Up As Nvidia Runs, Cerebras IPO Soars; Trump-Xi Summit Continues — The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.

[Investor's Business ](https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nvidia-cerebras-ipo-soars-trump-xi-summit-continues/?src=A00220&yptr=yahoo) - Applied Materials delivers record quarter and stronger-than-expected outlook — Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) shares rose about 4% in after-hours trading on Thursday after the semiconductor equipment maker reported stronger-than-expected fiscal second quarter res [Proactive](https://www.proactiveinvestors.com/companies/news/1092333/applied-materials-delivers-record-quarter-and-stronger-than-expected-outlook-1092333.html) - Applied Materials Stock Rises On Strong Earnings and Outlook — Applied Materials reports earnings Thursday as investors look for signs that AI-driven chip spending can outweigh slowing sales growth in China. [Barrons.com](https://www.barrons.com/articles/applied-materials-stock-price-fe982fb3?siteid=yhoof2&yptr=yahoo)

Analyst Upside Opportunities

AI Stock Price Table

Space Stock Price Table