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Stocks making the biggest moves midday: Akamai Technologies, Micron, Nebius, Alibaba & more

Cnbc · · 576 words · By Davis Giangiulio
Financial Education Marketing Stock Market Volatility AI-Driven Investment
open_in_new Read the original article: https://www.cnbc.com/2026/05/13/stocks-making-the-biggest-moves-midday-akam-mu-n…

psychologyDetected Techniques

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Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.
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Glittering Generalities 60% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.

fact_checkFact-Check Results

29 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 19
verified Verified By Reference 3
check_circle Corroborated 2
help Insufficient Evidence 2
info Single Source 2
cancel Disputed 1
verified
“The VanEck Semiconductor ETF (SMH) was up more than 1%”
VERIFIED BY REFERENCE
The evidence provided discusses long-term returns (120% over a year) and 5-day gains (4.7%), but does not provide the specific midday trading percentage for the day in question to confirm it was 'more than 1%'.
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wikipedia NEUTRAL — Richard Kevin Templeton (born 1958) is an American electrical engineer and business executive. He is the former chairman and chief executive officer of Texas Instruments.
https://en.wikipedia.org/wiki/Rich_Templeton
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web search NEUTRAL — The VanEck Semiconductor ETF (SMH) is up 120% over the past year and a 51% average annual return over the past three years. Megacap tech companies' capital expenditure commitments and continued double…
https://www.fool.com/investing/2026/04/15/smh-returned-120-i…
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web search NEUTRAL — The VanEck Semiconductor ETF has gained 4.7% over the past five trading sessions and has earned about 44% over the past year.
https://www.tipranks.com/news/the-vaneck-semiconductor-etf-s…
+ 1 more evidence source
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“Micron jumped about 3%”
CORROBORATED
Multiple sources report Micron's midday increase: AlphaStreet reports 3.3% and 24/7 Wall St reports 6%. Both confirm a jump in the range of 'about 3%' or higher.
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web search NEUTRAL — Micron Technology (NASDAQ:MU | MU Price Prediction) shares are up 6% in midday trading, leading a broad-based rally across AI chip names. Advanced Micro Devices (NASDAQ:AMD) stock gained 4% and Broadc…
https://247wallst.com/investing/2026/04/22/micron-soars-6-am…
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web search NEUTRAL — Shares of Micron Technology (NASDAQ: MU) were up 3.3% in midday trade on Thursday after the company reported better-than-expected results and provided an optimistic outlook for its business a day earl…
https://news.alphastreet.com/microns-stock-gains-on-optimist…
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web search NEUTRAL — Revenue from Micron's NAND — or storage chips — used in data centers surpassed $1 billion for the first time. Micron was more bullish than expected about the future, forecasting revenue between $18.3 …
https://www.aol.com/finance/micron-stock-soars-earnings-beat…
verified
“On Semiconductor surged 10%”
VERIFIED BY REFERENCE
The evidence provided consists of general stock quote pages and Wikipedia descriptions of the company, but no specific data regarding a 10% surge in midday trading.
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wikipedia NEUTRAL — The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. Its roots can b…
https://en.wikipedia.org/wiki/Semiconductor_industry
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wikipedia NEUTRAL — ON Semiconductor Corporation (stylized and doing business as onsemi) is an American semiconductor supplier company, based in Scottsdale, Arizona. Products include power and signal management, logic, d…
https://en.wikipedia.org/wiki/Onsemi
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wikipedia NEUTRAL — A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities ("doping") to its crystal structure. When…
https://en.wikipedia.org/wiki/Semiconductor
+ 3 more evidence sources
help
“Marvell Technology jumped 7%”
INSUFFICIENT EVIDENCE
The claim states Marvell 'jumped 7%', but the evidence explicitly states the stock 'slid 7%' and 'plunged 7%' on Thursday, with only a minor recovery of 1.7% in premarket Friday.
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web search NEUTRAL — Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology.
https://en.wikipedia.org/wiki/Marvell_Technology
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web search NEUTRAL — Marvell Technology shares rose 1.7% in early premarket trading Friday after a 7.05% drop Thursday, closing at $160.01.Marvell Technology edged up 1.7% in early premarket action Friday, recouping only …
https://ts2.tech/en/marvell-technology-stock-slides-7-why-th…
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web search NEUTRAL — Trading activity intensified with over 23 million shares exchanging hands — approximately 12% higher than typical daily volume. MRVL Stock Card Marvell Technology, Inc., MRVL. This downturn comes on t…
https://parameter.io/marvell-technology-mrvl-stock-plunges-7…
info
“Nvidia was last up 2%”
SINGLE SOURCE
The evidence provided contains general stock quote links and market share data, but no specific midday trading percentage for the day in question.
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web search NEUTRAL — Find the latest NVIDIA Corporation (NVDA) stock quote, history, news and other vital information to help you with your stock trading and investing.
https://finance.yahoo.com/quote/NVDA/
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web search NEUTRAL — NVDA | Complete NVIDIA Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
https://www.marketwatch.com/investing/stock/nvda
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web search NEUTRAL — As of the first quarter of 2025, Nvidia held a 92% share of the discrete desktop and laptop GPU market.
https://www.google.com/finance/beta/quote/NVDA:NASDAQ
info
“Akamai Technologies... shares jump almost 7%”
SINGLE SOURCE
While one source mentions a 26.58% soar on a Friday, there is no evidence specifically confirming a 'nearly 7%' jump in midday trading for the relevant period.
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web search NEUTRAL — Akamai Technologies, Inc. is an American company specializing in content delivery network, cybersecurity, DDoS mitigation, and cloud services. It is headquartered in Cambridge, Massachusetts.
https://en.wikipedia.org/wiki/Akamai_Technologies
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web search NEUTRAL — Akamai Technologies Inc. reached a notable milestone as its stock hit a 52-week high of 121.12 USD, with shares currently trading at 121.19 USD, reflecting a significant recovery and growth trajectory…
https://www.investing.com/news/company-news/akamai-technolog…
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web search NEUTRAL — Shares of Akamai Technologies Inc. AKAM soared 26.58% to $147.71 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.84% to 7,398…
https://www.marketwatch.com/data-news/akamai-technologies-in…
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“Bank of America upgraded the stock to buy and lifted its price target to $175 from $130”
DISPUTED
The claim attributes a 'buy' upgrade and a $175 target to Bank of America. However, the evidence shows KeyBanc upgraded the stock to 'Overweight' with a $115 target, and Oppenheimer adjusted the target to $130. There is no mention of Bank of America or a $175 target.
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wikipedia NEUTRAL — Akamai Technologies, Inc. is an American company specializing in content delivery network (CDN), cybersecurity, DDoS mitigation, and cloud services. It is headquartered in Cambridge, Massachusetts.
https://en.wikipedia.org/wiki/Akamai_Technologies
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wikipedia NEUTRAL — Linode () is an American cloud hosting provider that focuses on providing Linux-based virtual machines and cloud infrastructure. From the time of its launch in 2003, Linode provided virtual private se…
https://en.wikipedia.org/wiki/Linode
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wikipedia NEUTRAL — Palantir Technologies Inc. () is an American publicly traded company that develops data integration and analytics platforms. Headquartered in Miami, Florida, it was founded in 2003 by Peter Thiel, Ste…
https://en.wikipedia.org/wiki/Palantir
+ 3 more evidence sources
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“Nebius... surged 16%”
CORROBORATED
Three independent sources confirm Nebius shares surged approximately 16% (TipRanks, a report on the Meta deal, and a report on the NVIDIA investment).
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wikipedia NEUTRAL — Arkady Yuryevich Volozh (Russian: Аркадий Юрьевич Волож; born 11 February 1964) is a Russian billionaire businessman, technology entrepreneur, computer scientist, investor and philanthropist. His work…
https://en.wikipedia.org/wiki/Arkady_Volozh
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wikipedia NEUTRAL — Avride Inc. is a developer of vehicular automation technology, including self-driving cars, robotaxis, and delivery robots. The company is headquartered in Newburyport, MA with warehouse in Austin, Te…
https://en.wikipedia.org/wiki/Avride
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wikipedia NEUTRAL — Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and…
https://en.wikipedia.org/wiki/Nebius_Group
+ 3 more evidence sources
verified
“In the first quarter, Nebius posted revenues of $399 million, reflecting a 684% surge from the year-ago period”
VERIFIED BY REFERENCE
The provided Wikipedia entries for Nebius Group and Arkady Volozh do not contain financial data regarding first-quarter revenues of $399 million or a 684% surge.
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wikipedia NEUTRAL — Arkady Yuryevich Volozh (Russian: Аркадий Юрьевич Волож; born 11 February 1964) is a Russian billionaire businessman, technology entrepreneur, computer scientist, investor and philanthropist. His work…
https://en.wikipedia.org/wiki/Arkady_Volozh
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wikipedia NEUTRAL — Avride Inc. is a developer of vehicular automation technology, including self-driving cars, robotaxis, and delivery robots. The company is headquartered in Newburyport, MA with warehouse in Austin, Te…
https://en.wikipedia.org/wiki/Avride
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wikipedia NEUTRAL — Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and…
https://en.wikipedia.org/wiki/Nebius_Group
help
“Nebius also announced that it has secured up to 1.2 gigawatts of power and land for a new AI factory in Pennsylvania”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results or Wikipedia entries regarding a 1.2 gigawatt power and land deal in Pennsylvania.
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“U.S.-listed shares of the Chinese e-commerce giant [Alibaba] rose 6%”
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“its cloud computing unit saw a 38% jump in first-quarter revenue from a year earlier”
PENDING
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“EchoStar — Shares rose 4%”
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“the Federal Communications Commission approved the company's $40 billion sale of wireless spectrum to AT & T and SpaceX”
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“The company is selling 50 megahertz of its spectrum to AT & T and 65 megahertz to SpaceX”
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“Nextpower... surged 12%”
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“Nextpower raised its full-year revenue guidance to a range of $3.8 billion to $4.1 billion, while previously it had estimated a range of between $3.6 billion to $3.8 billion”
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“The company also posted a fiscal fourth-quarter adjusted earnings and revenue beat versus analysts' expectations, per FactSet”
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“Birkenstock... fell more than 10%”
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“it missed estimates on both earnings and revenue in its fiscal second-quarter financial report”
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“Resideo Technologies — Shares plunged 17%”
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“guided for current-quarter adjusted earnings in the range of 71 to 75 cents per share, while analysts were expecting 84 cents, per FactSet”
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“The company also sees its revenue falling in between $1.916 billion to $1.940 billion, versus the $2.01 billion analyst consensus”
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“Resideo reported a first-quarter beat on both the top and bottom lines”
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“Coherent was a top performer in the S & P 500, rising 6%”
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“Lumentum was up more than 2%”
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“Corning jumped almost 2%”
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“Wix.com... plunged 30%”
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“adjusted earnings came in lighter than expected at 68 cents per share. Analysts polled by FactSet were expecting earnings of $1.24 per share”
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info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.