BYND, CAR soar on retail frenzy: is either worth chasing the momentum?

The “meme stock” spirits of years past have been reawakened on Wall Street this Tuesday, as Avis Budget (NASDAQ: CAR) and Beyond Meat (NASDAQ: BYND) – both opened about 20% higher. The catalyst? A potent cocktail of “very high short interest” and a coordinated “retail buying spree” reminiscent of the 2021 mania. For Avis stock,… Continue reading BYND, CAR soar on retail frenzy: is either worth chasing the momentum?

Intel stock resumes rally as AI demand fuels fresh analyst upgrades

Shares of Intel gained on Tuesday after falling on Monday as a rare upgrade from a previously bearish analyst added fresh momentum to the stock’s strong run in 2026. The chipmaker’s shares rose in early trading, building on a year-to-date surge driven largely by rising demand for central processing units (CPUs) from artificial intelligence hyperscalers.… Continue reading Intel stock resumes rally as AI demand fuels fresh analyst upgrades

Apple under Tim: how Cook turned Jobs’ vision into a $4T fortress

Apple is entering a new phase of leadership, with longtime chief executive Tim Cook set to step aside after nearly 15 years at the helm and pass control to hardware chief John Ternus. The transition, effective September 1, will see Cook move into the role of executive chairman, where he is expected to remain closely… Continue reading Apple under Tim: how Cook turned Jobs’ vision into a $4T fortress

Dow Jones rises 220 pts as AI optimism offsets Iran tensions

US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle East conflict. The Dow Jones Industrial Average rose about 0.45% or 222 points, while the S&P 500 added roughly 0.13% and the Nasdaq-100 gained around 0.04% after the market opened. The gains… Continue reading Dow Jones rises 220 pts as AI optimism offsets Iran tensions

Amazon stock jumps as $25B Anthropic AI deal boosts AWS growth

Shares of Amazon rose in premarket trading on Monday after the company unveiled plans to significantly expand its investment in artificial intelligence firm Anthropic, deepening a partnership that underscores intensifying competition in cloud-based AI infrastructure. The stock climbed about 2.15% to $253.62 after the market opened on Tuesday. Amazon expands AI bet with Anthropic deal… Continue reading Amazon stock jumps as $25B Anthropic AI deal boosts AWS growth

GE stock falls 4% despite earnings beat on fuel costs, weak outlook

GE Aerospace shares fell on Tuesday even after it reported stronger-than-expected first-quarter results, driven by robust demand for commercial aviation and military technologies, as rising fuel costs and geopolitical tensions weighed on its outlook. The company posted adjusted earnings of $1.86 per share, ahead of analyst expectations of $1.60, according to FactSet. Revenue rose 25%… Continue reading GE stock falls 4% despite earnings beat on fuel costs, weak outlook

JPMorgan lifts S&P 500 target to 7,600: here’s what changed

JPMorgan has raised its year-end target for the S&P 500 to 7,600, arguing that stronger artificial-intelligence earnings and an improved market response to geopolitical risk have created room for further gains. The upgrade marks another shift higher in Wall Street’s outlook after a period in which concerns over war, oil and valuations briefly threatened to… Continue reading JPMorgan lifts S&P 500 target to 7,600: here’s what changed

Dow futures climb 270 points: 5 things to know before market opens

US stock index futures edged higher on Tuesday as investors leaned back into the artificial-intelligence trade, taking comfort from strong corporate earnings and fresh signs that big technology companies are still willing to spend aggressively. The result was a market that appeared increasingly prepared to look past renewed violence in the Middle East and focus… Continue reading Dow futures climb 270 points: 5 things to know before market opens

UNH jumps 7% as UnitedHealth’s earnings beat silences cost fears

UnitedHealth Group reported stronger-than-expected quarterly results on Tuesday, easing investor concerns that rising medical costs would weigh further on its earnings. Shares in the US’s largest private health insurer surged roughly 7% after the company posted first-quarter results that beat analyst estimates on both the top and bottom lines. UNH rally on earnings beat The… Continue reading UNH jumps 7% as UnitedHealth’s earnings beat silences cost fears