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Micron Gains, Akamai Rises, Trade Desk Falls After HSBC Cuts to Reduce | Stock Movers
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May 13, 2026
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25:11
3:36Now PlayingOn this episode of Stock Movers:
- Micron (MU) shares gain. Shares in chipmakers, opticals and storage firms gain as supply for global memory chips, key to AI infrastructure build-outs, tightens further. The sector is also getting a boost as Nvidia’s Jensen Huang joined President Donald Trump on his visit to China.
- Akamai (AKAM) shares gain after BofA upgraded the company to buy from neutral. “The story has shifted from a legacy delivery network to a credible AI infrastructure platform,” and “large cloud infrastructure wins, including a $1.8bn, 7 year deal, signal real demand for distributed AI, not just narrative,” writes analyst Tal Liani.
- Trade Desk (TTD) shares fall after HSBC analyst Mohammed Khallouf cut his recommendation to reduce from hold, following the advertising-technology company’s disappointing earnings report issued after market close on May 7. Executives guided for for the slowest pace of revenue growth since its 2016 listing, Khallouf notes.
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Micron Gains, Akamai Rises, Trade Desk Falls After HSBC Cuts to Reduce
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