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3 Stocks Set to Benefit as SpaceX Eyes Historic IPO

Investors looking to capitalise on the biggest IPO in history don't necessarily need to wait for SpaceX's Nasdaq debut. SpaceX filed its S-1 with the SEC on 20 May 2026, ta

Asktraders News Team
Intuit Shares Plunge After Hours as Revenue Miss and Mass Layoffs Unsettle Investors

Shares of Intuit Inc. (Nasdaq: INTU) tumbled more than 10% in extended trading on Wednesday, falling to approximately $347 from a regular-session close of $383.93, after the financial technology company missed quarterly reven

INTU
Asktraders News Team
Immunovant Shares Just Surged 35% – Here’s Why

Immunovant, Inc. (Nasdaq: IMVT) shares surged 35% on Wednesday, closing at $35.49 compared to a previous close of $26.29, as the clinical-stage immunology company unveiled promising trial data for its lead drug candidate, IMV

Asktraders News Team
Nike Shares Jump on Google AI Shopping Deal — Just in Time for the World Cup

Shares of Nike (NKE) are trading higher on Wednesday, up roughly 3.2% to around $43.78, after the athletic apparel giant announced a partnership with Alphabet's Google to launch an AI-powered shopping experience ahead of this

Nike Store
Asktraders News Team
Deere Earnings Due Thursday: What Traders Are Expecting From the Equipment Giant

Deere & Co. is slated to report second-quarter fiscal 2026 earnings ahead of the opening bell Thursday, with options markets pricing in a move of up to 5% in either direction after the results. Shares of Deere (DE) were recently up 0.3

John Deere Tractor Planter
Chris
SanDisk Shares Jump After Citi Raises Price Target

Shares of SanDisk (NASDAQ: SNDK) climbed 3.8% on Tuesday, closing at $1,383.29, after analysts at Citi sharply raised their price target on the flash memory company, adding to a wave of bullish sentiment building around the s

sandisk corporation logo
Asktraders News Team
Micron Surges Year-to-Date as Analysts Pile On With Bold Price Target Hikes

Micron Technology (NASDAQ: MU) shares continued their blistering 2026 run on Tuesday, climbing roughly 2.5% to $698.74, following a recent pullback in the stock over the last few sessions.

micron stock falls following downgrade
Asktraders News Team
Zscaler Shares Surge Over 8% After B. Riley Upgrade, KeyBanc Lifts Price Target

Zscaler (NASDAQ: ZS) shares rallied sharply on Monday, climbing more than 8% to close at $174.69 — up $13.64 from the prior session's close of $161.05 — after a pair of bullish analyst calls rekindled investor enthusiasm for

ZS
Asktraders News Team
Dominion Energy Shares Surge After NextEra Announces $67 Billion Merger Deal

Shares of Dominion Energy, Inc. (NYSE: D) surged approximately 9.4% on Monday, climbing from a prior close of $61.73 to trade around $66.96, after NextEra Energy, Inc. (NYSE: NEE)

Asktraders News Team
Berkshire Hathaway’s Greg Abel Overhauls Portfolio in Sweeping Q1 Shake-Up

New CEO dumps more than a dozen stocks, bets big on Alphabet and Delta Air Lines Berkshire Hathaway's equity portfolio underwent one of its most dramatic transform

Warren Buffett investment Berkshire Hathaway
Asktraders News Team
Home Depot Earnings Preview: What Investors Need to Know

Home Depot (NYSE: HD) steps into the earnings spotlight on Tuesday, May 19, releasing its first-quarter fiscal 2026 results before the market open against a backdrop of a depressed share price and persistent housing market he

home depot top earnings report
Asktraders News Team
Applied Materials Surges in After-Hours Trading After Record Quarter Smashes Estimates

Applied Materials (NASDAQ: AMAT) shares climbed around 1.7% in post-market trading on Wednesday after the semiconductor equipment giant delivered a record-breaking second quarter that comfortably exceeded Wall Street expectat

Asktraders News Team
JD.com Price Targets Lifted Across Wall Street After Strong Q1 Results

A raft of Wall Street analysts raised their price targets on JD.com (NASDAQ: JD) following the Chinese e-commerce giant's first-quarter results, which beat expectations on both the top and bottom lines and sent shares surging

JD.com - a strong Alibaba competitor
Asktraders News Team
Marvell Technology Hits New 52-Week High as Wall Street Lifts Price Targets on AI Optimism

Shares of Marvell Technology (NASDAQ: MRVL) surged to a new 52-week high on Wednesday, climbing more than 8% to $177.95, as bullish calls from Bank of America and Goldman Sachs underscored growing confidence in the chipmaker'

Marvell Technology
Asktraders News Team
Cisco Surges After Record Quarter Fuelled by AI Infrastructure Boom

Cisco Systems (NASDAQ: CSCO) shares rocketed 16.2% in after-hours trading on Wednesday after the networking giant delivered a record-breaking third quarter, comfortably beating Wall Street expectations on both revenue and ear

cisco logo
Asktraders News Team
Applied Materials Earnings Preview: All Eyes on Guidance as AI and HBM Tailwinds Build

Applied Materials (NASDAQ: AMAT) is scheduled to release its fiscal second-quarter 2026 results after the bell on Thursday, May 14, with Wall Street expecting revenue of $7.69 billion and adjusted earnings per share of $2.68,

Asktraders News Team
Cisco Q3 Earnings Preview: AI Orders Hit Milestone — Will Guidance Be Enough?

Cisco Systems (NASDAQ: CSCO) reports its fiscal third-quarter 2026 results on Wednesday, May 13, 2026, after market close. The quarter ended April 25, 202

cisco logo
Asktraders News Team
Alibaba Q4 Earnings Preview: Can Cloud and AI Reignite the Rally?

Alibaba Group (NYSE: BABA) is set to report its fiscal fourth-quarter and full-year 2026 results before the market opens on May 13, and investors will be watching closely after a turbulent stretch for the stock.

alibaba offices
Asktraders News Team
Sea Limited Q1 Earnings Preview: What to Expect

Sea Limited (NYSE: SE) is scheduled to release its first-quarter 2026 financial results before the U.S. market opens on Monday, May 12, 2026. [stock_market_widget type="chart"

Sea Limited
Asktraders News Team
Northwestern Mutual Says S&P 500 Rally Has Room to Broaden Beyond AI Megacaps

Northwestern Mutual Wealth Management stated in a note this week that it sees an expanding investment opportunity in artificial intelligence beyond the handful of megacap names that have driven equity gains in recent years, e

Sam Boughedda
UBS Sees Stocks Rally Broadening Beyond U.S. Megacaps

UBS said in a note this week that investors should diversify their equity exposure as markets reach new highs, arguing that the next leg of the stock rally is unlikely to be driven by the same handful of large-cap technology

Sam Boughedda
S&P 500 Near Record Highs but UBS Warns of Bumpy Road Ahead – Here’s How to Position

U.S. equities climbed to record highs this week, but UBS is urging investors to stay diversified as energy market tensions, AI uncertainty and geopolitical risks keep the outlook clouded.

Wall Street Market Updates
Sam Boughedda
S&P 500 Companies on Track for Double-Digit Earnings Growth Despite Iran War, Says deVere

US corporations are poised to deliver strong first-quarter earnings despite ongoing geopolitical tensions in the Middle East, according to Nigel Green, CEO of deVere Group, one of the world's largest independent financial adv

Wall Street Market Updates
Sam Boughedda
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