Thursday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
The S&P 500 and Nasdaq Composite closed Thursday at fresh record highs, with the S&P up 7.6% in April and the Nasdaq up 11.2% in the same month, marking eleven straight days of gains for the tech‑heavy index. Broad market breadth was mixed: the Russell 2000 and Dow Industrials posted solid April gains, while financials, health‑care and energy lagged behind their peaks. Jim Cramer warned that “crazy rotations” could shift momentum toward drugmakers, retailers and health‑care stocks. Meanwhile, the energy sector fell sharply, with Brent crude down 20% and the VIX plunging nearly 30% this month, signaling reduced fear among investors.
Tax Day Is Here. How to Pocket More of Your Portfolio's Return, According to Bank of America
Bank of America’s research shows a tax‑aware portfolio (60% stocks, 40% bonds) outperformed a tax‑insensitive counterpart, delivering a 7.4% post‑tax annualized return versus 5.9% over 30 years. The firm recommends three tax‑efficiency levers for investors: favoring share buybacks over qualified...
This Derivative Stock Play on SpaceX Could Be Setting up for Another Breakout, Charts Show
EchoStar (SATS), the telecom holding behind Dish, Sling and Boost Mobile, now holds roughly $11 billion of SpaceX stock, effectively offering investors indirect exposure to a potential SpaceX IPO. The company was added to the S&P 500 in March, boosting its visibility...
Two Wall Street Analysts Are Getting Bullish on a Target Turnaround. Here's Why
Target’s shares have jumped about 26% so far in 2026 after a 28% plunge in 2025, putting the retailer on track to end four consecutive years of losses. A March‑announced strategic revamp expands grocery, high‑end cosmetics and sports merchandise, aiming...
Don't Look Now, but Target Is Outperforming the S&P 500. Trading the Pop Using Options
Target Corp. (TGT) has posted a strong three‑month run, beating the S&P 500 by roughly 18.5% while its own share price rose about 5%. A modest March producer‑price index showed inflation confined to energy, easing pressure on freight costs and consumer...
Mike Mayo Says Citi Remains His Top Pick, Sees Restructuring Driving Stock Higher
Citigroup posted a first‑quarter earnings beat, with revenue rising 14% to $24.6 billion and net income jumping to $5.8 billion. Analyst Mike Mayo lifted his price target to $160, citing a 24% upside and labeling Citi his top pick. The bank’s restructuring...
This Semiconductor Stock Is Due for More Upside Amid AI Boom, Oppenheimer Says
Marvell Technology (MRVL) received an Outperform rating from Oppenheimer, which set a $170 price target—about 27% above the current share price. The firm recently signed a $2 billion partnership with Nvidia to integrate its chips into the AI‑RAN ecosystem, expanding its...
This Cloud Stock Is Cheap and Will Be an AI Winner, Says Piper Sandler
Piper Sandler upgraded Cloudflare (NET) to overweight, setting a $222 price target that suggests roughly 24% upside after the stock fell more than 9% this year. The brokerage argues the pullback creates an attractive entry point as demand for cloud‑computing...
Chips Are Emerging as Market Leaders Once Again. Where the Charts Signal They Are Going
Semiconductor stocks are re‑asserting market leadership as the SMH ETF climbs a 54.6% angle, outpacing its 2020‑2022 rally. The broader macro backdrop—weakening U.S. dollar, falling oil below $100 per barrel, and a consolidating 10‑year yield—creates a fertile environment for growth...
David Einhorn Signals Caution as His Hedge Fund Greenlight Prioritizes Capital Protection
David Einhorn told investors Greenlight is putting capital protection ahead of market optimism, even as the S&P 500 rallied to 6,966.75. The hedge fund delivered a 6.5% return in Q1, outpacing the index’s 4.4% decline, while keeping gross and net exposure...
Wall Street Has Found a New Quantum Computing Play. Analysts See as Much as 75% Upside
Infleqtion, a public quantum‑computing firm, received buy ratings from Citi and BTIG, with price targets implying up to 75% upside. The company generates revenue using its neutral‑atom platform, serving governments, corporations, and research institutions, and has partnered with Nvidia to...
There’s a Bottom in Place for Software Stocks After Horrid Start to 2026, Says BTIG
Software stocks have endured a rough start to 2026, but BTIG’s chief market technician Jonathan Krinsky sees a bottom forming. The iShares Expanded Tech‑Software ETF (IGV) lifted its relative‑strength index to 46, up from sub‑20 levels earlier in the year,...
Adobe Continues to Struggle. This Options Trade Doubles Down on a Potential Rebound
Adobe's shares have slipped further amid market volatility, prompting trader Nishant Pant to propose a second bull call spread at lower strikes. The 235/240 May‑8 spread can be entered for about $2.50, offering a potential $2.50 profit if the stock...
Evercore ISI Pounds Table on Sandisk. Bull Case Sees Rally to $2,600
Evercore ISI has initiated coverage of Sandisk (SNDK) with an outperform rating and a $1,200 price target, implying roughly 26% upside from the latest close. The firm’s bull case envisions the stock climbing to $2,600, a 173% gain, driven by...
Investor Survey Shows Most Bearishness in 11 Months. So the Contrarian Call Is to Buy
The Bank of America Global Fund Manager Survey shows investor sentiment plunging to a 3.7 composite score in April, the most bearish reading since June 2025. The poll of 193 fund managers, overseeing $563 billion in assets, revealed cash holdings at...
