For: May 13, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mixed on a day that saw inflation numbers come in at a three-year high. The S&P 500 and Nasdaq pulled back from record levels as the rally in tech stocks cooled. Investors reacted to a hotter-than-expected consumer price index reading that put the annual inflation rate at three-point-eight percent in April. At the closing bell, the Dow Jones Industrial Average rose 56 points to 49-760. The S&P 500 lost 11 points to 74-00. The Nasdaq fell 185 points to 26-088. Investors today will be keep an eye out for the producer price index, which is also used as a gauge of inflation.
>>Nvidia CEO Joins Trump China Trip
(Anchorage, AK) -- Nvidia CEO Jensen Huang is joining President Trump on his trade trip to China. The head of the chip company reportedly jumped on Air Force One Tuesday night during a refueling stop in Alaska. Other executives invited to the summit include Tesla CEO Elon Musk, Apple CEO Tim Cook and Qualcomm CEO Cristiano Amon. CNBC says Huang joined Trump's delegation after the President saw media reports claiming the CEO had been excluded. Trump responded on Truth Social, and called it "fake news."
>>eBay Rejects GameStop Proposal
(San Jose, CA) -- EBay is rejecting GameStop's takeover bid. The auction site called GameStop CEO Ryan Cohen's unsolicited 56-billion dollar proposal "neither credible nor attractive." Among the concerns eBay cited included the uncertainty regarding the video game retailer's financing proposal. GameStop had said it had a 20-billion-dollar financing commitment along with nine-billion dollars in cash, leaving a big funding gap. Cohen previously told CNBC he was ready to take his offer directly to shareholders if eBay rejected the proposal.
>>Altman Says He Never Promised To Keep OpenAI Non-Profit
(Oakland, CA) -- OpenAI CEO Sam Altman says he never promised co-founder Elon Musk that he would keep the artificial intelligence company a non-profit. A federal trial has been ongoing in Oakland, California after Musk sued Altman, arguing that the company was supposed to remain a non-profit. Musk said earlier in the trial that changing the company's structure was tantamount to stealing a charity and that 38-million dollars he donated to OpenAI was misused for commercial purposes. Altman was on the stand Tuesday and testified he made no commitments to Musk, who left the company's board in 2018.
>>Halo Top To Offer Spoon That Puts Phone On Silent
(Manhattan Beach, CA) -- An ice cream company is offering a new product aimed to help consumers put their phones down. Halo Top is set to release a "Silent Mode Spoon." It's designed to put your mobile device on the "do not disturb" setting by using an NFC connection. That's used for things like contactness payment or sharing data. The company's website says the spoons will be available on Friday for limited time and will go for around five bucks.
