What Moved Markets — 5am ET, May 13, 2026

Headlines

• •Tencent revenue miss — BABA and other China tech stocks pressured as AI monetization doubts grow

  $BABAbloomberg.com

• •Copper prices hit record above $6.60/lb — AI data center demand tightens global supply, lifting CPER ETF

  $FCXbenzinga.com

• •SoftBank fiscal-year profit surges nearly five-fold — AI investments drive gains, lifting NVDA-related sentiment

  $NVDAapnews.com

• •Tesla stock spikes 30% over 30 days — analyst note calls shares a buy before 2031

  $TSLAfool.com

• •Dimon warns JPMorgan may scrap UK HQ over higher bank taxes — JPMorgan's £9.9B Canary Wharf plan at risk

  $JPMseekingalpha.com benzinga.com

• •S&P 500 falls from record high after inflation report — Fear & Greed index remains in 'Greed' zone

  $SPYbenzinga.com

• •China AI Stocks Surge as Huang’s Visit Boosts H200 Supply Bets

  $NVDAbloomberg.com