Today: 2 May 2026

Marcin Frąckiewicz

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

The Federal Reserve kept its benchmark rate at 3.50%–3.75% this week as March inflation rose 3.5% year-on-year. FDIC data showed average savings account yields at 0.38%, far below inflation, while some online banks offered over 4% APY. Money-market fund assets reached $7.63 trillion. Series I savings bonds will pay 4.26% for new issues through October.
2 May 2026
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Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
2 May 2026
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Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
2 May 2026
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Inflation-Proof Portfolio 2026: 5 Assets Still Standing After May’s Volatility Shock

Inflation-Proof Portfolio 2026: 5 Assets Still Standing After May’s Volatility Shock

Oil surged to $126.41 a barrel before settling at $108.17, fueling inflation and pushing U.S. investors toward hedges like short Treasury bills, TIPS, gold, and silver. The Fed’s preferred inflation gauge rose 3.5% year-over-year in March, its fastest pace since May 2023. Gasoline prices jumped 24.1% in March. The three-month Treasury yield stood at 3.68% on April 30.
2 May 2026
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Market Calm Before the Storm? 3 Sectors to Watch at Monday’s Open After U.S. Inflation Shock

Market Calm Before the Storm? 3 Sectors to Watch at Monday’s Open After U.S. Inflation Shock

U.S. stocks open Monday at record highs, but March inflation jumped and factory input costs hit a four-year peak in April. Oil prices surged after Barclays raised its 2026 Brent crude forecast to $100, citing tensions in the Strait of Hormuz. Spirit Airlines ceased operations Saturday as jet fuel prices doubled. The Fed signaled rate moves could go either way amid persistent inflation pressures.
2 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.05.2026

LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 8:40 AM EDT Truist Financial Raises Amgen Price Target Slightly to $327 with Hold Rating May 2, 2026, 8:31 AM EDT. Truist Financial modestly increased its price target for Amgen (NASDAQ:AMGN) to $327 from $325, maintaining a "hold" rating on the biotech giant, reflecting a slight downside potential of 0.43% from the latest close. Other analysts showed mixed views: Goldman Sachs upgraded Amgen to "buy" and raised its target to $425, while Deutsche Bank and Barclays assigned "hold" and "equal weight" ratings with targets around $295-$350. Amgen's recent
2 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 11:59 PM EDT James Hardie Industries Shares Show Mixed Signals Amid Valuation Debate May 1, 2026, 11:52 PM EDT. James Hardie Industries (ASX:JHX) shares traded at A$29.38, down from a perceived fair value of A$40.91, suggesting a 28.2% undervaluation based on earnings growth and synergy gains from the AZEK merger. Management targets $125 million in cost savings over three years and over $500 million in commercial synergies within five years to drive EBITDA expansion. However, the stock's price-to-earnings (P/E) ratio stands at 103.4x, far above the global Basic
1 May 2026
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
1 May 2026
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Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
1 May 2026
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Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Nvidia Isn’t Over. But Marvell Is the Quiet AI Chip Name Analysts Can’t Ignore

Marvell Technology shares rose about 3% Thursday after Big Tech firms signaled AI spending would exceed $700 billion this year. Nvidia slipped 1.6% but announced a $2 billion investment in Marvell and a partnership on AI infrastructure. Marvell reported record fiscal 2026 revenue of $8.2 billion, while Nvidia posted $215.9 billion for the year. Google is in talks with Marvell to develop two new AI chips.
30 April 2026
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Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

Is the AI Stock Rally Over? 3 Warning Signs Investors Should Watch This Week

Meta Platforms shares fell nearly 10% and Microsoft dropped over 3% Thursday as investors reacted to rising AI costs and capital spending, despite strong earnings. Alphabet gained almost 6% after Google Cloud posted its best growth quarter. Nvidia and other chip stocks also traded lower. Meta raised its 2026 capex forecast and is considering a major bond sale to fund AI infrastructure.
30 April 2026
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Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

Australia Stock Market Today: ASX 200 Falls Again as Oil Shock, Woolworths Warning Hit Shares

Australian shares fell for an eighth straight session Thursday, with the S&P/ASX 200 closing down 0.24% at 8,665.8 as miners and consumer staples dropped. The decline followed data showing annual inflation rose to 4.6% in March, above the Reserve Bank’s target. Woolworths shares slid up to 9.8% after warning on earnings. Oil prices hit a four-year high, lifting energy stocks 1.4%.
30 April 2026
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FTSE 100 Today: Why UK Stocks Are Barely Moving as DCC, Unilever and the BoE Dominate London Trading

FTSE 100 Today: Why UK Stocks Are Barely Moving as DCC, Unilever and the BoE Dominate London Trading

The FTSE 100 rose 0.10% to 10,222.85 in early London trading, recovering after a 1.2% drop on Wednesday. DCC shares fell 5% after rejecting a £4.95 billion takeover bid from KKR and Energy Capital Partners. Unilever began a €1.5 billion share buyback and posted 3.8% underlying sales growth. Investors awaited the Bank of England’s rate decision, with no change expected.
30 April 2026
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US Stock Market Before the Open Today: Oil Shock, Fed Split and Big Tech Earnings Put AI Rally on Trial

US Stock Market Before the Open Today: Oil Shock, Fed Split and Big Tech Earnings Put AI Rally on Trial

U.S. stock futures fell early Thursday as Brent crude hit its highest level since March 2022, driven by concerns over U.S.-Iran tensions. The Federal Reserve left rates unchanged in its most divided vote since 1992, shifting focus to inflation risks. Alphabet and Amazon posted strong cloud earnings, while Meta’s increased spending highlighted pressure in the sector.
30 April 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 30.04.2026

OCBC will pay a total dividend of S$0.58 per share in May, including a S$0.16 special dividend. UOB declared a final dividend of S$0.71 per share despite lower net interest income. ST Engineering reported higher revenue and profit, with a S$0.23 per share dividend. Jardine Matheson raised its annual dividend 4% to US$2.35 per share, payable mid-May.
30 April 2026
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AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

Alphabet shares jumped over 3% in after-hours trading Wednesday as Google Cloud revenue surged 63% to $20 billion. Meta, Amazon, and Microsoft fell, with Meta dropping more than 6% after raising its 2026 capital spending forecast for AI infrastructure. Amazon’s AWS revenue beat estimates but shares slipped. The four companies are expected to spend over $600 billion on AI infrastructure this year.
29 April 2026
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Stock Market Today

  • Truist Financial Raises Amgen Price Target Slightly to $327 with Hold Rating
    May 2, 2026, 8:31 AM EDT. Truist Financial modestly increased its price target for Amgen (NASDAQ:AMGN) to $327 from $325, maintaining a "hold" rating on the biotech giant, reflecting a slight downside potential of 0.43% from the latest close. Other analysts showed mixed views: Goldman Sachs upgraded Amgen to "buy" and raised its target to $425, while Deutsche Bank and Barclays assigned "hold" and "equal weight" ratings with targets around $295-$350. Amgen's recent quarterly earnings impressed with EPS of $5.15 surpassing estimates, and revenue growth of 5.8%. The company expects FY 2026 EPS between 21.7 and 23.1. With a market cap of $177.24 billion and a stable PE ratio of 23.07, Amgen's consensus remains "hold" with an average target near $358, underscoring cautious optimism amid sector challenges.

Latest article

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

2 May 2026
The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

2 May 2026
Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
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