The S&P 500 climbed to a fresh record high of 7,459.46 on May 14, 2026, defying a shocker wholesale inflation report that saw the PPI jump 6% year-over-year. While the war in Iran continues to pressure energy prices, the AI Supercycle remains the dominant market force, with tech giants like Nvidia, Apple, and Tesla joining President Trump’s business delegation to Beijing.

Apple, Nvidia and Alphabet moved into record territory on the same day, underscoring how strongly investors remain positioned around the artificial intelligence trade, megacap technology leadership and expectations for continued earnings growth.

Bitcoin extended losses after failing to hold the $80,500 area, pushing BTC below $80,000 and under the 100-hour simple moving average. Price action formed a low at $78,720 and then consolidated, with nearby support levels highlighted at $79,200 and $78,800. On the upside, resistance is seen around $80,000, $80,500, and a bearish trend line near $80,700.

Ripple executives publicly endorsed the Senate's CLARITY Act on May 13 ahead of a Banking Committee markup scheduled for May 14. The company said the proposal would improve regulatory clarity and consumer protections, while supporters across the industry argued it could strengthen U.S. leadership in digital assets.

KULR Technology Group transferred 300 BTC valued at $24.36 million to Coinbase Prime, while its Bitcoin position showed losses of $18.25 million. The company had earlier said in December 2024 it would allocate 90% of surplus cash to Bitcoin and later reported a reserve of 1,021 BTC worth $101 million by July 2025. Across Bitcoin treasury firms, total holdings value fell from $126 billion to $96 billion, leaving about $30 billion in unrealized losses.

Dogecoin (DOGE) printed a TD Sequential sell signal on the 3-day chart near $0.109 after a run from $0.089 toward highs above $0.112. Despite cooling momentum, DOGE stayed above the $0.1078 support and remained within the broader $0.0899–$0.1174 range, while derivatives data showed shorts taking the bulk of liquidations.

An analyst said Bitcoin's previous cycle top did not come with an obvious crash, but with coordinated whale selling that blended into routine trading. ForeDex noted a whale transferred roughly 30,000 BTC to exchanges over 10 days via Galaxy Digital, splitting flows across venues to reduce detectability. Separately, analyst Kaz flagged weakening structure after a rejection at $82,000, with falling CVD and rising OI as BTC retests $80,000.

Charles Schwab said on May 12 that it has begun rolling out Schwab Crypto accounts to selected retail clients, enabling spot trading in bitcoin (BTC) and ethereum (ETH) through accounts linked to their brokerage profiles. The service includes education, research, coaching content and 24/7 phone or chat support, with pricing set at 75 basis points on each trade’s dollar value. Schwab said access is limited by jurisdiction, and it plans to expand supported cryptocurrencies and add deposit and withdrawal features later.