Today, Ma 13, the U.S. Senate is expected to confirm Kevin Warsh as Fed Chairman. His predecessor Jerome Powell <a href="https://finance.yahoo.com/economy/policy/article/jerome-powells-17-most-memorable-moments-after-leading-the-federal-reserve-for-8-eventful-years-192006619.html">led the</a> Fed in 2018 with the S&amp;P 500 index at 2,650 points and a benchmark interest rate of 1.25-1.5%. In May 2026, the index is above 7,400 points and the Fed's key rate is in the 3.5-3.75% range. In those eight years, the Fed chief has had to make decisions in the face of a pandemic, the worst spike in US inflation in four decades, a banking crisis and unprecedented political pressure from the man who nominated him for the post. Ekaterina Komarova wrote about Jerome Powell's three challenges

Eight years under pressure: the three trials of Jerome Powell

NVIDIA Corporation

Quotes of the AI chip market leader jumped more than 2%

Nvidia CEO Jensen Huang was a last-minute addition to Trump's delegation to China

Apple Inc.

Samsung Electronics Co., Ltd.

In South Korea, Samsung was losing up to $66 billion in capitalization at the moment due to the threat of the largest strike of employees, the head of OpenAI Sam Altman appeared in court on the lawsuit of Elon Musk, and India sharply increased duties on gold and silver amid pressure on the rupee and rising energy prices. These and other topics - in our review of key events for the morning of Ma 13.

Path to Hong Kong: Can Kazakhstan's railroad attract investors from China?

Intel Corporation

Advanced Micro Devices, Inc.

Micron Technology, Inc.

The free float share of short positions in Intel shares - a measure of how many securities have been taken for down bets - is near a one-year high, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-05-12/intel-s-440-billion-six-week-surge-has-short-sellers-circling">noted</a>. From March 30 to May 11, the chipmaker's capitalization increased more than 200%, adding $440 billion, and paper losses of shorts exceeded $12 billion, according to S3 Partners data cited by the agency. But that doesn't stop players from opening new short positions, it notes.

The share of short positions in Intel shares is near the annual maximum. What's the risk?

OpenAI CEO Sam Altman said that Elon Musk, another co-founder of the AI company, repeatedly made demands for control over the company "that made my hair stand on end." Altman said this on Tuesday, May 12, during the trial of Musk's lawsuit against OpenAI and Microsoft, the Financial Times <a href="https://www.ft.com/content/e3341337-a598-49f3-9593-f2f326e048ae">reported</a>. The businessman's speech was one of the most anticipated moments of the trial, which is now in its third week.

Musk's claims made 'hair stand on end': Altman took the stand in the lawsuit against OpenAI

AI company Anthropic is in talks to raise at least $30 billion at a valuation of more than $900 billion, sources <a href="https://www.bloomberg.com/news/articles/2026-05-12/anthropic-in-talks-to-raise-30-billion-at-900-billion-valuation">told</a> Bloomberg. If the deal goes through, it will be the largest funding round in the history of the Claude developer.

Anthropic prepares largest round at a valuation of more than $900 billion - Bloomberg

Alphabet Inc.

Google has unveiled a new family of premium laptops called Googlebook. They will run on Android OS and utilize Gemini AI. Manufacturers Dell Technologies, Lenovo, HP, ASUS and Acer will introduce models based on this platform in the coming months, the tech giant said in a<a href="https://blog.google/products-and-platforms/platforms/android/meet-googlebook/"> statement</a>.

"We see an opportunity to rethink laptops": Google unveils new AI gadget

Data

BuzzFeed, Inc.

Shares of BuzzFeed <a href="https://finance.yahoo.com/quote/BZFD/">have almost doubled</a> in premarket trading on Tuesday after the company <a href="https://investors.buzzfeed.com/news-releases/news-release-details/buzzfeed-inc-announces-proposed-majority-stake-investment-byron">announced</a>&nbsp;that the family office of media mogul Byron Allen will acquire a controlling stake in the business and use AI to help it to “chase YouTube.”

BuzzFeed doubles in early trading as media mogul Byron Allen takes controlling stake

TOYO Co., Ltd.

Ardmore Shipping Corporation

Nautilus Biotechnology, Inc.

InvestorPlace analyst Thomas Yeung has <a href="https://investorplace.com/2026/05/3-small-cap-stocks-buy-may-15/">spotlighted</a>&nbsp;three small-cap stocks that investors should consider buying before Friday. That is when the term of Jerome Powell as chair of the Fed expires, <a href="https://www.reuters.com/business/fed-chief-nominee-warsh-set-clear-key-confirmation-hurdle-wednesday-2026-04-29/">writes</a>&nbsp;Reuters. He is likely to be <a href="https://en.oninvest.com/article/the-u-s-senate-banking-committee-has-endorsed-kevin-warsh-s-nomination-to-head-the-fed">replaced</a>&nbsp;by Kevin Warsh, whose nomination was <a href="https://en.oninvest.com/article/a-man-known-to-everyone-in-the-financial-world-trump-s-pick-for-fed-chief-nominee">put forward</a> in January by U.S. President Trump. Unlike Powell, Warsh has <a href="https://en.oninvest.com/article/definitely-not-trump-s-puppet-five-major-statements-from-the-candidate-to-head-the-us-federal-reserve-board">advocated</a>&nbsp;lower interest rates. Although nearly 96% of traders <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">do not expect</a> such a move from the U.S. central bank, according to CME FedWatch data, Yeung argues that rate cuts still cannot be ruled out.

InvestorPlace analyst spotlights three stocks as Powell ends term as Fed chair

MaxLinear, Inc.

Ichor Holdings, Ltd.

Ultra Clean Holdings, Inc.

Cohu, Inc.

MarketWatch has <a href="https://www.marketwatch.com/story/these-smaller-tech-stocks-are-punching-well-above-their-weight-acefe98d?mod=home_lead">named</a>&nbsp;four "standout gainer" small-cap tech stocks that have outperformed shares of larger peers over the last 12 months. Against the backdrop of booming demand for AI, investors are searching for lesser-known names with significant upside.

MarketWatch: Four smaller tech names that are punching 'well above their weight'

Firefly Aerospace Inc.

Bruker Corporation

A collapse in Spirit Airlines shares after the low-cost carrier halted operations, a rally in Firefly Aerospace on all-time-high revenue and inclusion in the U.S. Golden Dome missile-defense program, Michael Burry’s bet on scientific-equipment maker Bruker, and another sharp selloff in Beyond Meat after a weak guidance were among the biggest stories in the small-cap sector this week, from May 4 through May 8.

Small caps last week: Burry's new bet, Beyond Meat spiraling, Spirit out of business

Bruker beat earnings expectations, maintained its 2026 guidance, pointing to a recovery in orders, while organic sales remain under pressure

Burry-backed scientific instrument maker Bruker jumps on 1Q earnings

Small Caps

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