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

All semiconductor index members except Nvidia have fallen in price

High inflation interrupted chipmakers' rally: they endured one of the worst sessions of the year

Google is considering a deal with Elon Musk's aerospace company SpaceX to launch satellites as part of its orbital data center project, sources <a href="https://www.wsj.com/tech/spacex-google-in-talks-to-explore-data-centers-in-orbit-7b7799e2?mod=Searchresults&amp;pos=1&amp;page=1">tell</a> The Wall Street Journal. The potential agreement could make the companies both partners and competitors in the new area of space computing, which SpaceX is actively promoting ahead of its expected IPO, the newspaper notes.

Google is in discussions with SpaceX to launch satellites for orbiting data centers - WSJ

Since the end of March - also on the back of a positive reporting season, as well as hopes that agreements to end the war in the Middle East will soon be reached - the S&amp;P 500 index, despite a significant increase in energy prices and the continuing rise <a href="https://oninvest.com/article/inflacia-v-ssa-uskorilas-do-maksimuma-za-tri-goda-iz-za-cen-na-toplivo-cto-dal-se">in inflation</a> in the U.S., has <a href="https://oninvest.com/article/hrupkoe-ralli-rost-rynka-s-minimumov-marta-obespecilo-rekordno-maloe-cislo-akcij">jumped</a> more than 14%, several times reaching all-time highs. However, more than half of this index growth <a href="https://oninvest.com/article/hrupkoe-ralli-rost-rynka-s-minimumov-marta-obespecilo-rekordno-maloe-cislo-akcij">was driven by</a> just five technology giants - Alphabet, Nvidia, Amazon, Broadcom and Apple.

'It seems like it's 1999': Wall Street argued about the outlook for the US stock market

NVIDIA Corporation

Nvidia CEO Jensen Huang was not part of the business delegation that will accompany US President Donald Trump on a visit to China this week. Huang's absence could undermine Nvidia's hopes for large-scale sales of H200 chips in China, Barron's <a href="https://www.barrons.com/articles/nvidia-stock-price-huang-trump-china-ff6adbb1?mod=RTA">writes</a>.

Nvidia CEO won't go to China with Trump. What does that tell investors?

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

Analysts expect LVMH securities to grow by more than 30% - about the same amount they have lost since the beginning of the year

Barclays sees LVMH stock's worst-ever start to the year as a buying opportunity

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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