Today's American Stocks Pulse
Dow climbs nearly 200 points to record close as oil eases on Iran truce hopes
The Dow Jones Industrial Average jumped about 200 points, closing at a fresh all‑time high. The rally was driven by a pullback in oil prices after optimism surrounding a potential Iran truce. Markets remained cautious amid mixed political signals.
Wells Fargo Raises CoreWeave Price Target to $155 on $100B AI Backlog
Wells Fargo analyst Michael Turrin lifted CoreWeave's price target to $155 from $135, citing a $99.4 billion revenue backlog and expanding hyperscale capacity. The move follows the AI‑infrastructure firm’s Q1 revenue beat but a softer Q2 outlook, highlighting the market’s focus on long‑term AI spend rather than near‑term guidance.
S&P 500 Hits Fresh All‑Time High, Bull Market Confirmed
🟢 8 of 8 Bullish 🟢 Regime: Confirmed Bull Market The S&P 500 just closed at another fresh all-time high. Momentum is strengthening again. Risk appetite pushed back toward the highs. Internals and global participation both improved again this week. New weekly update is live. No...
Crude Realities
The S&P 500 logged its 15th all‑time high of 2024, underscoring a strong technical rally despite lingering macro concerns. Meanwhile, WTI crude slipped briefly below $90 as the Trump administration’s tentative Iran peace proposal failed to produce concrete progress. Shell’s...
Inflation Data, War News Could Dominate Week Ahead
The Schwab Market Update for Monday, May 11, highlighted a quiet start to the week, giving investors time to digest the strong April jobs report that showed 115,000 new jobs and a steady 4.3% unemployment rate. Upcoming key data includes...
Upside Chasing in Tech Stocks Surges to Covid Extremes
The S&P 500 climbed over 9% in the past month, driven almost entirely by a 20% surge in the technology sector. Meanwhile, index volatility has stayed muted even as single‑stock volatility spikes, pushing the VIX‑VIXEQ spread to the 98th percentile. Retail...
U.S. Stock Futures Fall, Oil Surges as Trump Calls Iran’s Latest Offer to End War ‘Totally Unacceptable’
U.S. stock‑index futures slipped on Sunday after President Donald Trump labeled Iran’s latest response to a U.S. peace proposal “totally unacceptable,” reviving concerns over Middle‑East tensions. The comment coincided with West Texas Intermediate crude climbing above $100 a barrel, while...
SPY Volatility Cheap, but Runup May Stall
$SPY IV Rank is at 26%. Vol is cheap as we've reached new ATHs and tensions have de-escalated. The tape is extended, but fading a runup this strong isn't for the faint of heart. Let's see how Monday opens and...
Mixed Markets Ahead as SPY Hovers Near 735
Mixed markets to start the week. $spx futs-7 After another ATH last week as the $spy hits 738+ to manage. We’ll see if we holds $735ish Or the 8day. Lots of specific names to manage. https://t.co/bDJdiz4TiD
Nvidia Sets 12‑Month High, Goldman Sachs Names It ‘Most Important Stock’
Nvidia (NVDA) topped a 12‑month price high on May 10, 2026, while Goldman Sachs analyst Dan Schneider declared it the “most important stock of the year.” The rally follows a 15% YTD gain and comes amid bullish forecasts for AI‑driven...
Google Poised to Overtake Nvidia as World's Largest Company
🇺🇸 Google could soon surpass Nvidia in market capitalization and become the largest publicly traded company in the world. 👀 https://t.co/TmnVtbOPrz
Semiconductor Index Hits Best Six‑Week Run Since 2000
The PHLX Semiconductor index just notched its best six-week performance since the period ending **March 10, 2000**
Small‑Cap Tech Stocks Outpace Large‑Cap Peers, Delivering 38‑Point Edge
Small‑cap technology stocks have surged ahead of large‑cap software names, with the S&P SmallCap 600 IT sector beating the S&P 500 tech index by 38 percentage points over the past year. MaxLinear rose nearly 800% and Cohu climbed 209%, while...
S&P Hits Record as Earnings Surge, Inflation Spikes
S&P 500 hits another record as Q1 earnings show 18% growth. But inflation is heating up with CPI expected to jump above 3.5% this week while consumers keep spending strong. 🟢 Open https://t.co/20ROUkKlJq
SOX Surges 60% Above 200‑Day MA, Unseen Since 2000
The SOX is also now 60% above its 200-day moving average. That’s a level that hasn’t been hit since March 2000 and July 1995--@bespokeinvest https://t.co/yQkWEhswb2
Honeywell‑Backed Quantinuum Files for $20 B+ IPO as Fault‑Tolerant Quantum Machine Targets 2029
Quantinuum, the Honeywell‑owned quantum computing company, filed Thursday for a Nasdaq listing that could value it at more than $20 billion. The filing shows $30.9 million in 2025 revenue, a $192.6 million loss, and a roadmap to a fault‑tolerant quantum computer named Apollo...
Alphabet’s AI‑driven Rally Lifts Market Cap to $4.8 Trillion, Edging Toward World’s Biggest Firm
Alphabet’s shares have surged 160% in the past year, pushing its market value to $4.8 trillion and briefly overtaking Nvidia. The rally is driven by AI‑centric growth, a $200 billion Anthropic commitment, and expanding cloud and TPU revenues.
Market Near Blow‑Off Top as Investors Go All‑In
Learnings and conclusions from this week’s charts: 1. The equal-weighted S&P500 has stalled at resistance. 2. (and the cap-weighted is back to outperforming equal-weighted) 3. We are potentially in the blow-off top phase of the market cycle. 4. Investors are all-in on stocks (and...
Intel Shares Jump 15% After Preliminary Apple Chip‑making Deal
Intel announced a preliminary agreement to fabricate chips for Apple devices, sending its shares up 15% and lifting Apple stock about 1.7%. The deal, backed by U.S. government encouragement, could reshape supply‑chain dynamics for both companies and the broader semiconductor...
Market Guru Yardeni Sees S&P 500 Hitting 8,250 This Year, Highest Among Top Wall Street Forecasters, as Earnings Bolster ‘Roaring...
Yardeni Research President Ed Yardeni raised his S&P 500 year‑end target to 8,250, an 11.5% jump from the current level and the most bullish among leading Wall Street forecasters. The upgrade reflects an 8% year‑to‑date market gain and a revised...
RBC Raises S&P 500 Year‑End Target to 7,900 Amid AI‑Driven Rally
RBC Capital Markets lifted its 12‑month S&P 500 target to 7,900 from 7,750, reflecting confidence that AI‑related earnings will sustain the rally. The firm trimmed non‑AI earnings expectations by 7.5% while keeping AI forecasts near consensus, underscoring a “two‑speed” market...
S&P Target Raised to 8250 Amid Record Earnings Surge
“We are raising our year-end S&P 500 target from 7700 to 8250. We've been bullish on earnings but not as bullish as the recent consensus of industry analysts. We've never seen consensus earnings expectations rise so quickly for the current...
MARKET CALL: Raising Our 2026 S&P 500 Target Range Due To Earnings-Led Meltup
Morgan Stanley has lifted its year‑end 2026 S&P 500 target to a range of 6,750‑8,250, capping the upside at 8,250. The move follows a rapid acceleration in consensus earnings forecasts, with 2026 EPS now projected at $336.49—up 22% year‑over‑year. The firm...
Nasdaq 100 Hits Rare 14% Surge Above 10‑Week Average
Nasdaq 100 is now over 14% above its 10-week moving average. This hasn't happened in quite a while, not since Nov. '22, Nov. '01, March '00, Nov. '99, Nov. '98, Jan. '92, Feb. '91 The proverbial rubber band is stretched. Only...
US Equity Resilience to Geopolitics Shows that We Have Irreversibly Entered the Tech Age
U.S. equities have shrugged off the Iran‑related oil shock and broader geopolitical uncertainty, with the S&P 500 and Nasdaq reaching fresh all‑time highs. The market’s resilience stems not from traditional safe‑haven dynamics but from the dominance of technology firms, which now...
May/June S&P Peaks Signal Mid‑teen 2026 Returns
New highs in May/June are usually a good thing, as only twice going back the past 76 years has the S&P 500 peaked in these two months. We continue to see mid-teen returns in 2026 (which we reiterated in late...
Another All Time High For SPX. Where To Next Week? May 11 Plan
The S&P 500 e‑mini (ES) surged past 7400, marking another all‑time high after a classic "Failed Breakdown" at 7213. The newsletter explains that institutions use such breakdowns to trap short sellers and accumulate long positions. Recent price action confirmed the...
Eight Straight S&P 500 Gains: Rare Streak History
It has been a long time since the S&P 500 fell 1%. In fact, it has made eight 1% gains in a row without one. Only 13 other times have we seen a streak like this and here's what happened next those...
Six-Week S&P Surge Signals Rare Bullish Opportunity
The S&P 500 is up six weeks in row and >10% during the win streak. This is only the 10th time that has ever happened (since 1950) and it was lower a year later only once (80 yrs ago), with an...
Post‑Split Performance Review: Nvidia, Alphabet, Amazon, Netflix and Tesla
Nvidia, Alphabet, Amazon, Netflix and Tesla have posted modest post‑split price changes ranging from +0.55% to +3.93% since their 2022‑2024 splits. The review shows limited immediate upside, underscoring that splits mainly improve accessibility rather than drive valuation.
Tomi (TOMZ) Reports Q4 2025 Revenue Drop to $5.6M, Eyes $12M 2026 Target
Tomi Environmental Solutions (TOMZ) released its Q4 2025 earnings transcript, revealing revenue of $5.6 million—a 27% year‑over‑year decline—and a net loss of $3.7 million. Management highlighted a stronger gross margin, a shrinking cash balance, and a $12 million revenue target for 2026, while...
Chevron Returns Over $5 Billion to Shareholders for 16th Straight Quarter Amid Record Oil Prices
Chevron delivered more than $5 billion in cash to investors in its latest quarter, marking the 16th straight period of such payouts. The distribution—$3.5 billion in dividends and the balance in buybacks—reflects the company’s ability to convert soaring Brent prices into shareholder...
Economist Tyler Goodspeed Says Recessions Are Random, Raising Stock‑Market Uncertainty
Tyler Goodspeed, ExxonMobil's chief economist, argues in his new book that recessions are random shocks, not cyclical events. His view arrives as the U.S. dollar slides 10% and job growth stalls, sharpening concerns for equity investors.
Stocks Are Walking a Tightrope to Fresh Record Highs — as a Handful of Names Do Most of the Heavy...
U.S. equities are inching toward fresh record highs, largely propelled by a tight group of mega‑cap tech firms whose stellar Q1 earnings have offset concerns about a prolonged Iran conflict. Oil prices remain anchored near $100 a barrel, eroding household...
Robinhood Shares Slip 32% YTD as Analysts Weigh Bottom Prospects
Robinhood Markets' shares have dropped more than 32% in 2026, prompting analysts to argue over whether the stock has hit bottom. The decline follows a sharp fall in cryptocurrency revenue and a surge in prediction‑market activity that the firm hopes...
Cramer Backs AI Spend as Dow, S&P and Nasdaq Slip From Record Highs
The Dow Jones fell 313 points to 49,596.97, the S&P 500 slipped 0.38% to 7,337.11 and the Nasdaq eased 0.13% to 25,806.20 after hitting fresh intraday highs. Jim Cramer dismissed the pullback as a healthy breather and argued that AI...
Costco's $23.9B April Sales Surge Triggers BofA $1,185 Price Target Upgrade
Costco reported $23.92 billion in net sales for the four weeks ending May 3, 2026, a 13% year‑over‑year gain. Bank of America kept its Buy rating and raised the price target to $1,185, citing consistent comparable sales amid macro uncertainty.
Harley-Davidson Launches 'Back to the Bricks' Plan, Targets $350M Profit by 2027
Harley-Davidson unveiled its "Back to the Bricks" turnaround plan, shifting focus to $13,000 entry‑level motorcycles and setting a $350 million profit target for its bike business by 2027. The strategy, championed by new CEO Artie Starrs, also promises $150 million in cost...
Wolfspeed Shares Jump After Q3 Earnings Amid Bankruptcy Fears
Wolfspeed's fiscal third‑quarter earnings lifted its shares 3.2% after the report, but a 19% revenue drop to $150.2 million and a gross margin of –27% have reignited concerns about the company's solvency. The chipmaker emerged from bankruptcy last fall, yet cash...
Persian Gulf Supply Shock Lifts US Diesel Costs, Fuels Stagflation Fears and Rattles Equities
Explosions near Iran’s ports and a near‑closure of the Strait of Hormuz have driven diesel to $5.60 a gallon, a 56% jump, while global oil inventories plunge at record speed. The twin shock of higher input costs and tighter supply...
Lime Files for Nasdaq IPO, Targets $886.7M Revenue and Debt Repayment
Lime, the San Francisco‑based electric bike and scooter operator, filed a Form S‑1 to list on Nasdaq under the ticker LIME. The filing shows 2025 revenue of $886.7 million, a 29.1% jump year‑over‑year, and a plan to use proceeds to clear...
Historic Buffett Indicator Spike Predicts S&P Downturn
Hey @grok The "Buffett Indicator" is currently sitting at 229% of GDP—the highest level in history. While everyone is talking about the "New AI Era," Berkshire is sitting on nearly $400 billion in cash. Show me the last 3 times this...
Nasdaq Leads Risk Appetite Surge, Headlines Irrelevant
My article looking out over market conditions and top events for the week ahead: Nasdaq Leads Incredible Risk Appetite Charge and Headlines Make the ‘Why’ Irrelevant https://t.co/JdJ7yi3rmb https://t.co/SzIdZNf4CT
Corporate Profit Surge Drives S&P 500 to Record Highs
A surge in corporate earnings—up 28.2% year‑over‑year in Q1—has propelled the S&P 500 6% this year and more than 14% since March 30, underpinning the market’s latest record highs. Analysts say the earnings strength, bolstered by AI spending and a...
S&P 500 Hits New ATH Amid Overbought Momentum
#SP500 small Up Candle and New ATH 7401. Support 7174, 7046, 6790. RSI 73.5 Overbought but not silly. Up Candle on Weekly. Top Bollinger Band 7428. Midpoint Line 7244. Bottom Band 7066.
Dow Near All‑Time High, Doji Signals Cautious Bullishness
#DOW doji Candle up near ATH 50512. Support 48708, 48000, 46978. RSI 61 not high. 13/21 day EMAs Bullish. Doji on Weekly and Sideways. Top Bollinger Band 50014. Midpoint Line 49367. Bottom Band 48725.
Cerebras Raises IPO Price Range to $125‑$135 per Share Amid 20‑Fold Demand
Cerebras Systems announced it will increase its IPO price range to $125‑$135 per share after receiving orders for more than 20 times the available shares. The move underscores heightened market demand for AI‑focused silicon ahead of the offering slated for...
S&P Climbs 7% While Most Large Caps Lag
The S&P 500 is up almost 7% in the last three months. Just 29% of large cap stocks are up at least 5% and 43% are down more than -5% during the same period.
EPS Outlook: Russell 45
-Russell 2000 EPS growth rate hold at at 45% for the current year $IWM -S&P 500 up to 23% for CY 2026 $SPY -Steady 10-13% for the S&P 500 EW isn't bad $RSP https://t.co/noFpTnYumM
Hancock Whitney Says Improving Fundamentals Stabilize US Markets Amid Geopolitical Risks
Senior leaders from Hancock Whitney Asset Management hosted a May 5 webcast noting a sharp rebound in equity markets, accelerating AI‑related capital spending and resilient economic activity as key supports for investor confidence. They warned that Middle‑East tensions, higher energy‑price...
Semiconductor Index Rallies 11% but Technicals Signal Sharp Pullback
The PHLX Semiconductor Index (SOX) surged roughly 11% from its April 26 high, climbing to about $11,760, but technical indicators—including Elliott Wave counts and RSI trends—suggest a looming correction that could pull the index back toward $10,000. Analysts caution traders...