Akamai’s Stock Had Its Best Day in 22 Years. It Took One AI Contract.
Akamai announced a seven‑year, $1.8 billion AI cloud infrastructure contract with Anthropic, its largest deal ever. The announcement sent Akamai’s shares up 27%, the biggest single‑day gain in the company’s 28‑year history. Cloud services revenue surged 40% YoY to $95 million, while the legacy CDN segment fell 7%. The contract, slated to start delivering $20‑25 million per quarter in late 2026, could double the company’s cloud run‑rate and reshape its growth trajectory.
Wall Street Doesn’t Understand the CDN Business, What AI Agentic Traffic Is, and How Bits Are Delivered
Fastly’s shares plunged 40% after its Q1 earnings revealed lower‑than‑expected delivery volumes, despite stable pricing. The company’s top ten customers, which generate 34% of revenue, saw no acceleration in traffic, and 4K streams now represent only 1‑2% of bits delivered...
Lumentum’s Fiery Stock Rally Earns It a Spot in This Hot Index
Lumentum Holdings, the optical‑technology maker, is set to join the Nasdaq‑100 on May 18 after a meteoric 150% stock rally this year. The company’s market value has swelled to roughly $70 billion, propelling it to the sixth‑best performer in the S&P 500. Lumentum...
Franklin Templeton’s Bold S&P 500 Call Stuns Wall Street
Franklin Templeton Institute, the research arm of the $1.68 trillion firm, reiterated its year‑end S&P 500 target of 7,000‑7,400, citing 8%‑13% earnings‑per‑share growth. The forecast comes as the index has surged 15% since March, with earnings‑beat rates hitting 84%—the strongest since 2021....
Jim Cramer Says 'It's Not to Late' To Own AI Winners Powering the Market
Jim Cramer told investors that the AI‑driven rally in semiconductors and data‑center stocks is far from over, noting that both the Nasdaq Composite and S&P 500 closed at record levels after a week of double‑digit gains in the sector. He called...
Fed’s Eyes Turn to Inflation: Heard on the Street Recap
The U.S. added 115,000 jobs in April, keeping the unemployment rate at 4.3% and prompting the Federal Reserve to pivot its focus from rate cuts to inflation data. Four months ago the Fed worried about a fragile labor market; today...
S&P Closes Out 6th Straight Week of Gains | Closing Bell
The S&P 500 closed a sixth straight week of gains on May 8, 2026, marking its longest winning streak since 2024 and pushing the index to a new record high. The Nasdaq Composite rose 1.7% and the Dow Jones was flat, while...
Markets Creep Forward Despite Latest Failed Iran Ceasefire
U.S. equities posted modest gains this week despite the collapse of a fragile cease‑fire between the United States and Iran. The Dow Jones rose 108 points, the Nasdaq added 1,133 points and the S&P 500 climbed 168 points to close...
InvestingLive Americas Market News Wrap: US Jobs Growth Surprises to the Upside
U.S. non‑farm payrolls jumped by 115,000 in April, far exceeding the 62,000 forecast, underscoring a resilient labor market. The strong jobs data bolstered equity optimism, with the Nasdaq climbing another 5% this week and up 30% over the past six...
S&P 500, Nasdaq Close Week at New Highs: Stock Market Today
U.S. equity markets closed the week at fresh all‑time highs as the S&P 500 finished at 7,398 and the Nasdaq at 26,247, driven by a better‑than‑expected jobs report and easing energy‑price concerns. Apple and Intel confirmed a silicon‑supply agreement for upcoming...
US Stock Market Close: Another Big Week of Gains Ends with a Flourish
U.S. equities closed the week on a high note as the S&P 500 rose 0.85% and the Nasdaq surged 1.7%, both hitting fresh all‑time highs. A surprisingly strong jobs report—115,000 jobs added in April versus 55,000 expected—bolstered investor confidence and...
How Much Further Does This Teflon Market Have to Go? Here's What Traders Say
The S&P 500 surged past 7,400 on May 8, marking its highest level ever, while prediction‑market platform Kalshi gave traders a 59 % probability the index will reach 8,000 before year‑end. RBC raised its 12‑month forward target to 7,900, with a median model...
Nasdaq, S&P 500 Enjoy Another Record-Breaking Week
U.S. equity indexes posted another week of record closes, with the S&P 500 and Nasdaq Composite each logging their sixth consecutive weekly gain despite intermittent pullbacks tied to Middle‑East tensions and a brief tech slide. The rally was underpinned by cooling...
US Stocks: S&P 500, Nasdaq Hit Fresh Peaks as Tech Stocks, Jobs Data Lift Sentiment
U.S. equities surged on Friday as the S&P 500 and Nasdaq both posted fresh all‑time highs, propelled by double‑digit gains in Nvidia and Apple. A stronger‑than‑expected April jobs report showed unemployment steady at 4.3%, reinforcing expectations that the Federal Reserve will...
Retail Investors Are Doubling Down And Fear May Be Driving The Rally
Retail investors, who generate roughly 20% of U.S. equity volume, are pouring money into stocks despite heightened geopolitical risk from the Iran conflict. Their “buy‑the‑dip” behavior is bolstering the S&P 500 and Nasdaq as AI‑linked earnings beat expectations, pushing both indices...
Forward Air Flags Customer Loss, Stock Plummets
Forward Air reported a $34 million net loss for Q1 and warned that a contract‑logistics customer accounting for roughly 10% of its $2.5 billion annual revenue is diversifying away. The disclosure sent the stock down more than 40% and confirmed a strategic...
CoreWeave Stock Sinks After Forecast Miss
CoreWeave Inc. (CRWV) saw its shares plunge 11% after the AI‑focused data‑center operator issued a revenue outlook of $2.45‑$2.6 billion for the current quarter, missing the $2.7 billion consensus. Operating income is now projected at $30‑$90 million, well below analysts’ $154 million estimate, and...
Markets Embrace Strong US Employment Report, but Iran Remains the Bigger Risk
The U.S. April jobs report showed non‑farm payrolls rising by 115,000, nearly double expectations, while the unemployment rate held at 4.3%. Average hourly earnings grew only 0.2% month‑over‑month, keeping wage‑inflation pressure modest. Meanwhile, Canada’s labor market surprised on the downside,...
Stock Market Today: Nasdaq, S&P 500 Score Record Closes On Iran Hopes; Nvidia Hits Highs (Live Coverage)
U.S. equity markets closed at record highs on Friday as the Nasdaq composite jumped 1.7% and the S&P 500 rose 0.8%, extending a six‑week winning streak. The rally was fueled by a stronger‑than‑expected April jobs report that added 115,000 jobs and...
US Stocks Set Record High as Chip Stocks Roar, Payrolls Beat
U.S. equity futures rallied on May 8, propelling the S&P 500 to a record high for the third time this week, up 0.8%. The technology segment led the charge, with semiconductor stocks surging 2.7% and the Nasdaq 100 climbing 2.4% to its own...
Stock Market Today: Blistering Chip-Stock Rally Lifts Nasdaq to Another New High
A better‑than‑expected jobs report and a surge in chip stocks propelled U.S. equities to fresh peaks. Intel surged 14% after the Wall Street Journal disclosed a new chip‑supply deal with Apple, reinforcing its turnaround narrative. The Nasdaq composite rose 1.7%...
Akamai Shares Surge 26% on $1.8B AI Infrastructure Deal as Earnings Meet Estimates
Akamai Technologies reported fiscal 2026 Q1 earnings that matched analyst forecasts, posting adjusted EPS of $1.61 on $1.07 billion revenue, a 6% YoY increase. The company announced a seven‑year, $1.8 billion AI infrastructure agreement with an undisclosed frontier‑model provider, positioning Akamai as...
Coinbase Stock Declines 5% After Missing Q1 Estimates on Crypto Slowdown
Coinbase’s shares slipped more than 5% in after‑hours trading after the exchange reported a surprise first‑quarter loss of $1.49 per share and revenue of $1.41 billion, both missing Wall Street forecasts. Transaction revenue fell to $755.8 million and subscription‑and‑services revenue to $583.5 million,...
Nasdaq Fades Late as Hormuz Tension Flares: Stock Market Today
U.S. equity indexes closed lower on Wednesday after the Wall Street Journal reported the Trump administration is preparing to restart “Project Freedom,” an effort to force open the Strait of Hormuz. Crude oil fell to under $90 per barrel before...
Why AAON Stock Jumped More Than 50% Today
AAON's shares jumped up to 51.6% after reporting a blowout quarter. Revenue rose 54% year‑over‑year to $497 million, beating the $381 million consensus, while earnings per share reached $0.48. The company disclosed a $2.1 billion order backlog, heavily weighted toward data‑center cooling contracts,...
Raymond James Lifts PT on Visa Inc. (V) on Solid Q1 Results
Raymond James raised its price target for Visa Inc. (NYSE:V) to $389 from $380, maintaining an Outperform rating after the company posted fiscal Q1 results that beat revenue and EPS expectations. The report highlighted the highest organic growth since 2022, driven...
Coinbase Stock Eases Ahead Of Results. AI Restructure, Stablecoins In Focus.
Coinbase shares slipped 2.8% ahead of its earnings release as Bitcoin’s rally cooled. The exchange is cutting 14% of its workforce to become an AI‑native operation, with restructuring costs of $50‑$60 million expected in Q2 2026. FactSet forecasts earnings of 6¢...
Why Stocks and Bonds Are Responding Differently to the Iran War
The U.S. equity market has surged to fresh highs even as the Iran war pushes oil prices and inflation upward, while the bond market has slipped under the same pressures. Stocks—both domestic and international—have rebounded strongly since the March dip,...
Apple Helps 'Magnificent 7' Shake Off Its Bear Market Scare
Apple (AAPL) surged to its first intraday all‑time high of 2026, pulling the Roundhill Magnificent Seven ETF (MAGS) to a fresh record. The breakout lifts megacap tech back into market leadership after months of underperformance and a near‑bear‑market dip. Alphabet,...
Goldman Sachs Sets Jaw-Dropping AMD Stock Price Target After Earnings
Goldman Sachs upgraded AMD to a Buy and lifted its price target to $450, an 88% increase from the prior $240 level. The move follows AMD’s first‑quarter 2026 earnings, where revenue rose 38% to $10.25 billion and non‑GAAP EPS jumped 43%...
Beat-and-Raise Driving DoorDash Stock Higher
DoorDash (NASDAQ:DASH) posted a mixed earnings report, beating the earnings‑per‑share estimate at $0.42 versus $0.36 but missing revenue expectations with $4.04 billion versus a $4.14 billion consensus. The stock jumped 4% to $174.72 after the release. Five analysts upgraded their price targets,...
Tech Stocks Soar While Energy Stumbles: Today's Market Analysis
Technology stocks led the market today, with Microsoft up 2.52% and Nvidia gaining 2.54%, while the energy sector fell sharply as ExxonMobil and Chevron dropped about 2.8% each. The software infrastructure segment also rallied, highlighted by Oracle’s 2.5% rise. Energy...
Jobless Claims, Productivity, Earnings Keep Pre-Markets Buoyant
U.S. jobless claims rose modestly to 200,000 but remain below forecasts, while continuing claims fell to a near‑term low of 1.766 million, signaling a resilient labor market. Q1 productivity slipped to 0.8%, missing expectations and prompting a downgrade in unit labor...
Quant Model Shows Rally in Stocks Is Approaching ‘Manic’ Level
Bloomberg Intelligence’s quantitative model signals that the recent U.S. equity rally has entered a “manic” sentiment zone, driven by tightening high‑yield spreads, low volatility and rising correlations. The S&P 500 surged more than 10% in April—the fifth‑best month in 35 years—and...
Here Are Thursday's Biggest Analyst Calls: Nvidia, Apple, Uber, Microsoft, Disney, CoreWeave, Alcoa & More
Wall Street analysts issued a flurry of upgrades and reiterations on Thursday, with Nvidia, Apple, Microsoft and Uber all retaining buy or outperform ratings. Goldman Sachs highlighted Nvidia’s $1 trillion datacenter guidance and AI‑driven server opportunities, while JPMorgan upgraded Freshpet to...
Stock Market Today: Nasdaq, S&P 500 Up On Jobless Claims; Software Stocks Fortinet, Datadog Lead Tech Gains (Live Coverage)
U.S. equity markets rose on Thursday as the Nasdaq topped 26,000 and the S&P 500 gained 0.3%, buoyed by strong earnings from software leaders Fortinet and Datadog. Fortinet surged more than 20% after reporting a 41% earnings jump and $1.85 billion in...
Stock Market Today: Oil Prices Extend Slide on Hopes of Talks
Oil prices fell about 3% to $98 a barrel as optimism grows over renewed U.S.-Iran talks to end the conflict and reopen the Strait of Hormuz. The dip coincided with a retreat in Treasury yields and a weakening dollar, which...
Thursday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
CNBC’s Thursday preview highlights several catalysts that could move the market tomorrow, starting with McDonald’s earnings report amid a 13% three‑month slide. A partnership between Corning and Nvidia, featuring three new optical‑technology factories, lifted Corning sharply and underscores AI‑driven demand....
Channel 11: Bulls on Parade
Ken Shinoda’s latest Channel 11 update declares a bullish market parade, driven by a near‑20% surge in the Nasdaq in April and strong first‑quarter earnings that beat forecasts by roughly 25%. Semiconductor spending on AI, robust PMI readings and rising commodity prices...
Nasdaq Jumps to New High on AMD Earnings: Stock Market Today
U.S. equity markets surged on Wednesday as the Nasdaq hit a fresh record of 25,838, buoyed by a tentative Iran‑U.S. cease‑fire outlook, robust ADP payroll data and a sharp 7% drop in oil prices. The S&P 500 rose 1.5% to 7,365...
Time to Fight the Fed? Stocks Rally Faces Dashed Rate-Cut Hopes
Wall Street’s recent rally is being tested as a hot labor market and soaring oil prices have erased most expectations of a Federal Reserve rate cut this year. Bond traders now see a higher probability of a rate hike, especially...
Peace Hopes, Disney Earnings, Dismantling Spirit Airlines and More in Morning Squawk
U.S. and Iran are close to a 14‑point peace proposal, sending stock futures higher and pulling oil prices lower, while President Trump warned of a harsher response if talks fail. Technology stocks surged, highlighted by Micron’s SSD launch that lifted...
Wall Street Just Broke a 20-Year Seasonal Habit—And It’s a Massive Signal for the Economy
Analysts lifted the S&P 500 bottom‑up earnings estimate for the second quarter by 2.1% in April, to $80.47 per share—the biggest upward revision in five years. Historically, the first month of a quarter sees analysts trim forecasts by about 0.9% over...
Stock Market Today: Nasdaq, S&P 500 Hit New Highs On U.S.-Iran Hopes; Cathie Wood Sells Advanced Micro, CoreWeave (Live Coverage)
U.S. equity indexes posted a second straight day of gains, with the S&P 500 and Nasdaq closing at fresh record highs as optimism grew around a potential U.S.–Iran peace framework. Oil prices fell sharply and 10‑year Treasury yields slipped, reflecting reduced...
Stock Market Today, May 5: Stocks Rebound as U.S.-Iran Truce Holds
U.S. equity indexes rebounded on May 5 as the U.S.–Iran truce held and oil prices eased, pushing the S&P 500 to 7,259.22, the Nasdaq to 25,326.13, and the Dow to 49,298.25. Tech stocks led the rally, with Micron soaring 11% on new...
Nasdaq, S&P 500 at New Highs on Intel Rally: Stock Market Today
U.S. equity markets closed at fresh all‑time highs on Tuesday as the Nasdaq Composite rose 1% to 25,326 and the S&P 500 climbed 0.8% to 7,259, driven by a tech rally. Intel led the charge, jumping 12.9% after Bloomberg reported Apple...
Microsoft's Earnings Beat Fails To Help Shares. Is Microsoft Stock A Sell Now?
Microsoft reported fiscal Q3 earnings of $4.27 per share on $83 billion revenue, both surpassing FactSet estimates. Despite the beat, the stock slipped 4% as investors focused on a softer Q4 revenue outlook of $87.25 billion versus consensus $87.56 billion. Analysts project FY2026...
Bulls Are Piling Into This Warren Buffett Favorite Ahead of Earnings
Traders are loading up on bullish options ahead of Occidental Petroleum's earnings, with call volume outpacing puts 7‑to‑1. One of the largest trades was a $175,000 call spread targeting a one‑year high. OXY shares rose 2.7% Monday and are up...
Intel Stock Price: Why INTC Hit an All Time High Today—And How Apple Is Involved
Intel shares jumped over 13% to a record above $100 after Bloomberg reported Apple is evaluating Intel and Samsung to produce its main device chips in the United States. The news follows Apple’s strong Q2 earnings, with $111.2 billion revenue and...
Bloomberg Surveillance: Markets Drive Hihger (Podcast)
Bloomberg Surveillance aired on May 6, 2026 featured Evercore’s Julian Emanuel, CIO Group founder David Bailin, Citi’s Heath Terry, and Energy Vista’s Leslie Palti‑Guzman. Emanuel highlighted extraordinary earnings strength and set a 2026 S&P 500 target near 5,200. Bailin argued the United States...