Khadija Saeed, Author at TechStock²

Eaton Stock Just Hit a New High. The May 5 Earnings Test Is Bigger Than Usual

Eaton Corporation plc slipped Friday, pausing after notching a fresh intraday high. Shares retreated roughly 1.5% to $426.44 by early afternoon in New York, following a run up to $437.98 earlier, according to market data. Some investors locked in profits ahead of the power-management firm’s first-quarter results next week.

1 May 2026

Earnings Reports·NYSE:ETN·Stock Market

Wolfspeed Stock Jumps as 5% Stake and New Executives Put Turnaround in Focus

Wolfspeed Inc. climbed sharply in Friday's afternoon session. A new securities filing revealed that a group associated with Susquehanna and Capital Ventures now holds a 5.0% beneficial stake in the silicon carbide chipmaker. Shares changed hands above 5.3 million, the stock last at $37.14—up $7.61 on the day.

1 May 2026

NASDAQ:WOLF·Stock Market

Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

ARCHIMED is buying Esperion Therapeutics Inc. in a transaction valued at up to $1.1 billion, the companies said Friday. Shares of Esperion jumped on the Nasdaq after word got out that the Michigan drugmaker is set to go private.

1 May 2026

Pharmaceutical Industry·Stock Market

Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

The Dow Jones Industrial Average lost steam Friday, pulling back from an early run at 50,000. By 12:34 p.m. in New York, the index slipped 78.72 points, or 0.16%, to 49,573.42. It started the day at 49,832.57 and briefly hit 49,988.56, but tariff worries weighed on Apple and other recent earnings gainers, trimming the rally.

1 May 2026

NASDAQ:AAPL·NASDAQ:MSFT·NYSE:CRM·NYSE:IBM·NYSE:MRK·Stock Market

US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

The S&P 500 and Nasdaq Composite notched new highs on Friday, carrying forward Wall Street’s April comeback. Apple and software names did the heavy lifting, more than offsetting a slight dip in the Dow. According to Reuters market data, the S&P 500 climbed 0.48% to 7,243.34, the Nasdaq jumped 0.96% to 25,131.26, while the Dow Jones Industrial Average slipped 0.11% to 49,599.01.

1 May 2026

Nasdaq·NASDAQ:AAPL·NASDAQ:DDOG·NASDAQ:TEAM·NYSE:CRM·NYSE:NOW·Stock Market

Recursion Pharmaceuticals Stock: Founder Chris Gibson to Leave Board as RXRX Nears Q1 Earnings

Recursion Pharmaceuticals announced that founder and board chair Chris Gibson won’t seek re-election at this year’s annual meeting, marking another step back from direct oversight after he exited the chief executive role a few months ago. CEO Najat Khan insisted the company stays committed to “continuity and long-term value creation.” Gibson described his time building Recursion as “one of the most rewarding journeys.”

1 May 2026

Earnings Reports·NASDAQ:RXRX·Pharmaceuticals

Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Blackstone Inc. is launching Blackstone N1, a new San Francisco-based division aimed at consolidating its artificial-intelligence and high-growth tech investments—a sharper AI push for the New York asset manager as money continues pouring into data centers, power, and software platforms. The group will draw from Blackstone’s growth, hybrid, and perpetual private equity strategies, folding in stakes linked to OpenAI and Anthropic, per an internal memo cited by WSJ Pro Private Equity.

1 May 2026

Artificial Intelligence·NYSE:BX·Technology

Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

Colgate-Palmolive on Friday projected roughly $300 million in additional raw-material and logistics expenses for this year. Still, robust international sales pushed first-quarter results past Wall Street forecasts and lifted shares. The stock gained about 3.1%, last trading at $88.00.

1 May 2026

Earnings Reports·NYSE:CL·Stock Market

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku Inc lifted its full-year forecast for platform revenue following stronger-than-anticipated gains in first-quarter advertising and subscriptions, sparking a rise in the streaming platform's shares on Friday. Roku now projects platform revenue growth of almost 21% for the year, targeting roughly $5.0 billion. That’s an increase from its previous outlook for 18% growth, or $4.89 billion.

1 May 2026

NASDAQ:ROKU·Stock Market·Technology

Zeta Global (ZETA) Stock Rises as AI Push Fuels 50% Revenue Growth, Bigger 2026 Target

Zeta Global Holdings Corp. shares climbed late Friday morning in New York after the marketing-tech company boosted its 2026 revenue and free-cash-flow targets and posted a 50% surge in first-quarter sales. The stock was last seen at $19.17, up 75 cents. Zeta also raised its full-year revenue midpoint to $1.785 billion, a $30 million increase.

1 May 2026

Artificial Intelligence·NYSE:ZETA·Stock Market

Rivian Stock Slides as Smaller Federal Loan Puts Its R2 SUV Bet Under the Microscope

Rivian Automotive stock slid 5.7% to $15.47 late Friday morning, after the EV maker announced its federal loan for a new Georgia plant would drop to as much as $4.5 billion. That update landed as Rivian boosted the site’s initial planned capacity and posted stronger-than-expected quarterly revenue.

1 May 2026

Electric Vehicles·NASDAQ:RIVN

Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Twilio Inc. shares surged nearly 20% Friday, after the cloud communications firm raised its full-year outlook and delivered an earnings beat that resonated with investors, highlighting stronger demand for its AI-powered voice offerings.

1 May 2026

Artificial Intelligence·NASDAQ:TWLO·Stock Market·Technology

Spirit Airlines Shutdown Looms After $500 Million Bailout Talks Collapse

Spirit Airlines is moving toward shutting down, The Wall Street Journal said Friday, after the bankrupt low-cost carrier couldn't secure backing from bondholders or the U.S. government for a lifeline. Both Spirit and the White House declined to comment to Reuters.

1 May 2026

Airlines·NASDAQ:SAVE

Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Tempus AI Inc has set May 29 for its inaugural investor day, aiming to convince Wall Street it’s more than just a genetic testing company and can break into the broader healthcare data and AI market. That showcase follows its first-quarter earnings release, which lands on May 5—about three and a half weeks earlier.

1 May 2026

Artificial Intelligence·NASDAQ:TEMP·Stock Market

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena Corporation’s AI-networking surge just got a more cautious look from Wall Street: Rothschild & Co Redburn initiated the stock at Neutral with a $416 price target on Friday, noting that some of the optical-networking gains are likely already factored into the share price. Analyst Mike Harrison pointed out that as generative AI spending becomes actual network construction, copper links should “increasingly give way” to optical fiber.

1 May 2026

Artificial Intelligence·NASDAQ:CIEN·Stock Market·Technology

Cue Biopharma Stock Nearly Doubles After Allergy Drug Deal, New CEO and $30 Million Raise

Cue Biopharma surged Friday morning, the stock boosted by news of a fresh allergy drug license. The Boston biotech also unveiled a $30 million private placement and named Shao-Lee Lin as its new chief executive.

1 May 2026

NASDAQ:CUE·Pharmaceuticals

Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Sandisk Corporation rode rising AI storage demand to a robust quarter, topped analysts’ forecasts, and rolled out a $6 billion stock buyback—moves that push the now standalone memory-chip firm straight back into the data-center spotlight. Shares barely budged early Friday, after a dip in late trading.

1 May 2026

Artificial Intelligence·NASDAQ:SNDK·Stock Market·Technology

Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Shares of Atlassian Corporation surged roughly 22% Friday morning in U.S. trading, after the Jira maker topped quarterly expectations and boosted its full-year revenue outlook—easing concerns about AI weighing on workplace software demand. TEAM was last seen at $83.84, coming off a session high of $89.49.

1 May 2026

Artificial Intelligence·NASDAQ:TEAM·Stock Market·Technology

Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Nokia shares moved up on Friday in U.S. markets, catching a boost after Jim Cramer tagged the stock a “winner.” Investors also took notice of fresh momentum in the Finnish tech group’s AI data-center business. American depositary receipts—those are Nokia’s U.S.-traded shares—last changed hands at $13.62 in New York, a gain of $0.71 from Thursday’s finish.

1 May 2026

Artificial Intelligence·NYSE:NOK·Stock Market·Technology

Estée Lauder Stock Jumps as Beauty Giant Cuts More Jobs and Raises Profit Forecast

Estée Lauder Companies Inc. bumped up its full-year profit outlook Friday and announced a wider restructuring effort, targeting a net reduction of 9,000 to 10,000 jobs while the cosmetics giant intensifies cost-cutting in its turnaround push. Shares jumped roughly 7% at the open.

1 May 2026

NYSE:EL·Stock Market

Khadija Saeed

Eaton Stock Just Hit a New High. The May 5 Earnings Test Is Bigger Than Usual

Wolfspeed Stock Jumps as 5% Stake and New Executives Put Turnaround in Focus

Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

Recursion Pharmaceuticals Stock: Founder Chris Gibson to Leave Board as RXRX Nears Q1 Earnings

Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Zeta Global (ZETA) Stock Rises as AI Push Fuels 50% Revenue Growth, Bigger 2026 Target

Rivian Stock Slides as Smaller Federal Loan Puts Its R2 SUV Bet Under the Microscope

Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Spirit Airlines Shutdown Looms After $500 Million Bailout Talks Collapse

Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Cue Biopharma Stock Nearly Doubles After Allergy Drug Deal, New CEO and $30 Million Raise

Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Estée Lauder Stock Jumps as Beauty Giant Cuts More Jobs and Raises Profit Forecast

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