Innovation & Tech
IBM and several quantum-computing companies surged after the U.S. Commerce Department unveiled billions in grants aimed at accelerating domestic quantum development and national security infrastructure.
Earnings
Walmart stock fell sharply after the retailer delivered strong quarterly revenue growth but issued second-quarter earnings guidance that came in below Wall Street expectations amid rising fuel costs and pressure on lower-income consumers.
Earnings
Nvidia delivered another major earnings beat as data center revenue surged, but the stock barely moved as investors weighed valuation, China restrictions, and rising expectations.
Macro
Trump’s latest ethics disclosure revealed thousands of stock transactions tied heavily to AI infrastructure, chipmakers, and major technology companies, highlighting how political visibility and the artificial intelligence trade increasingly overlapped during the first quarter of 2026.
Innovation & Tech
SpaceX accelerated plans for a historic Nasdaq debut while implementing a 5-for-1 stock split, intensifying investor focus on AI infrastructure, space-related ETFs, and possible spillover effects on Tesla (TSLA) and the broader space economy.
Innovation & Tech
Cerebras Systems (CBRS) surged in its Nasdaq debut after one of the largest U.S. tech IPOs in years, as investors rushed into the artificial intelligence infrastructure trade and embraced the company’s positioning as a challenger to Nvidia in AI inference computing.
Earnings
Alibaba (BABA) and JD.com (JD) both reported quarterly revenue growth tied to AI and e-commerce expansion, but investor reactions diverged as Alibaba’s profits fell sharply while JD delivered stronger retail margins despite ongoing competition in China’s online shopping market.
Innovation & Tech
Nebius Group (NBIS) surged after reporting first-quarter revenue growth of 684%, a sharp improvement in profitability metrics, and new AI infrastructure agreements tied to Meta Platforms (META) and Microsoft (MSFT). The company also expanded its U.S. data center footprint.
Price Action
Tesla (TSLA) climbed after reporting another month of year-over-year growth in China-made vehicle sales, while investors continued focusing on the company’s robotaxi expansion, Full Self-Driving adoption, and broader artificial intelligence initiatives.
Earnings
DraftKings (DKNG) delivered stronger-than-expected first-quarter revenue growth and rising sportsbook margins, but investor focus shifted toward the company’s aggressive push into prediction markets and the growing competitive pressure reshaping online betting.
Earnings
McDonald’s (MCD) beat earnings expectations as value meals and menu promotions lifted traffic, while Shake Shack (SHAK) plunged after missing revenue estimates and reporting an operating loss tied to higher costs.
Earnings
Howmet Aerospace (HWM) raised its full-year outlook after first-quarter earnings topped Wall Street estimates, driven by strong aerospace demand, expanding margins, and record free cash flow despite broader investor concerns tied to the Iran conflict.