Today: 28 May 2026

IBM, Expedia and AIG land on new “avoid” lists as S&P 500 jitters return

IBM, Expedia and AIG land on new “avoid” lists as S&P 500 jitters return

U.S. stocks fell sharply Tuesday after new tariff threats tied to a Greenland dispute, with the S&P 500 down 1.29% at 9:39 a.m. ET. StockStory flagged Expedia, United Rentals, IBM, J.M. Smucker, Masco, and AIG as S&P 500 stocks to avoid, citing slowing growth and weak margins. Benzinga last week named Tesla, GE HealthCare, and UnitedHealth as “sell” picks for 2026.
Eli Lilly stock price edges higher after FDA breakthrough nod for ovarian cancer drug

Eli Lilly stock price edges higher after FDA breakthrough nod for ovarian cancer drug

Eli Lilly shares rose about 0.2% Tuesday after the FDA granted Breakthrough Therapy designation to its experimental ovarian cancer drug, sofetabart mipitecan. The stock traded near $1,040 as the broader market fell 1%. The designation covers patients with platinum-resistant disease who have tried other therapies. Bernstein maintained its Outperform rating and $1,300 price target.
Asus hits pause on smartphones: no new Zenfone or ROG Phone models expected in 2026

Asus hits pause on smartphones: no new Zenfone or ROG Phone models expected in 2026

Asus chairman Jonney Shih said the company will stop launching new smartphone models, putting its Zenfone and ROG Phone lines on indefinite hold. Asus will shift resources to commercial PCs and AI hardware, with no new phones planned for 2026. The company has not set a timeline for resuming phone development. Existing mobile users face uncertainty over future support.
Amazon’s AWS European Sovereign Cloud Is Powering New “Forever Portfolio” Stock Picks — Here’s Who Else Made the Cut

Amazon’s AWS European Sovereign Cloud Is Powering New “Forever Portfolio” Stock Picks — Here’s Who Else Made the Cut

Amazon shares fell about 2% Tuesday as analysts continued to cite AWS’s strength in “forever stock” lists. AWS last week launched its European Sovereign Cloud, with a new data center in Brandenburg and over 7.8 billion euros pledged. Microsoft and Google are also expanding EU-based cloud offerings. AWS reported $93.1 billion in net sales and $33.1 billion in operating income for the first nine months of 2025.
JPMorgan stock price slips as Trump’s 10% credit card cap deadline puts bank shares under pressure

JPMorgan stock price slips as Trump’s 10% credit card cap deadline puts bank shares under pressure

JPMorgan Chase shares fell 0.9% to $309.64 in morning trading as investors reacted to uncertainty over a proposed 10% cap on U.S. credit card interest rates. The American Bankers Association warned the cap could force 137–159 million cardholders to lose access or face sharply reduced credit lines. Citigroup and Morgan Stanley shares also declined. The White House faces a January 20 deadline, but enforcement remains unclear.
20 January 2026
Opendoor stock price slips in choppy session as housing trade cools — what investors watch next

Opendoor stock price slips in choppy session as housing trade cools — what investors watch next

Opendoor shares fell about 4% Tuesday morning, underperforming as U.S. housing-linked stocks slid amid a broader market selloff. Investors reacted to affordability concerns and shifting mortgage rates, with Freddie Mac reporting the average 30-year fixed at 6.06% last week. Key U.S. housing data is due Wednesday. Opendoor’s next earnings report is expected in late February.
Natural gas price spikes on Arctic forecast shift; UNG jumps as EQT, Range rally

Natural gas price spikes on Arctic forecast shift; UNG jumps as EQT, Range rally

Front-month Henry Hub natural gas futures jumped about 20% to $3.74/mmBtu Tuesday as forecasts signaled colder weather for late January. The U.S. Natural Gas Fund rose over 15%, and shares of major gas producers gained in morning trading. Traders now await Thursday’s storage data and further weather model updates to confirm the cold outlook.
‘No reasons to own’? AI agent fears slam software stocks after Anthropic’s Claude Cowork debut

‘No reasons to own’? AI agent fears slam software stocks after Anthropic’s Claude Cowork debut

A Morgan Stanley basket tracking SaaS stocks has fallen about 15% in 2026 after an 11% drop last year, hitting its lowest valuation ever. Intuit plunged 16% last week, while Adobe and Salesforce lost over 11% amid fears Anthropic’s new AI agent, Claude Cowork, could disrupt subscription software models. The Nasdaq 100 remains near record highs, but major software names have slid to multi-year lows.
Nvidia stock slides as Trump tariff threats hit AI stocks; Microsoft, Broadcom fall

Nvidia stock slides as Trump tariff threats hit AI stocks; Microsoft, Broadcom fall

Nvidia dropped 3.4% to $179.83, dragging AI stocks lower as U.S. markets fell on tariff threats from President Trump over Greenland. The Nasdaq lost 1.6% and S&P 500 slid 1.3% in early trading. Morgan Stanley downgraded IT hardware, citing weak demand and high costs. Microsoft, Broadcom, and Palantir also declined, while AMD rose 1.3%.
Bitcoin price slides toward $90,000 as Trump’s Greenland tariff threat hits risk appetite

Bitcoin price slides toward $90,000 as Trump’s Greenland tariff threat hits risk appetite

Bitcoin dropped 3.1% to $90,028 in New York Tuesday as investors sold risk assets after President Trump threatened tariffs on Europe over Greenland. Crypto stocks fell, with Coinbase down 5.4% and Strategy Inc off 8.2%. Ether slid 6.5%. U.S. equity indexes hit three-week lows; European stocks and the dollar also weakened. Crypto markets saw $869.5 million in liquidations over 24 hours, CoinGlass reported.
VIX breaks above 20 as Greenland tariff threat jolts Wall Street — and hedging is back

VIX breaks above 20 as Greenland tariff threat jolts Wall Street — and hedging is back

The VIX jumped 29% to 20.46 Tuesday as U.S. stocks opened sharply lower, with the Dow down 653 points and the S&P 500 off 1.4%. Traders cited new tariff threats linked to Greenland for the spike in volatility. Safe-haven assets rose as investors shifted positions. A Bank of America survey showed cash holdings at a record low and nearly half of respondents unhedged against a major sell-off.
20 January 2026
Silver price hits a fresh record as Trump tariff threat jolts markets

Silver price hits a fresh record as Trump tariff threat jolts markets

Spot silver rose 0.7% to $95.308 an ounce Tuesday, briefly hitting a record $95.488, as investors sought safe havens after President Trump announced new tariffs on several European countries. The S&P 500 and Nasdaq fell over 1% early in the session, while gold surged past $4,700. The dollar weakened against the yen and Swiss franc. Traders are watching upcoming Supreme Court arguments involving the Federal Reserve.
20 January 2026
Dow Jones slides 600 points as Trump’s Greenland tariff threat rattles Wall Street

Dow Jones slides 600 points as Trump’s Greenland tariff threat rattles Wall Street

The Dow Jones fell over 600 points Tuesday after President Trump threatened new tariffs on European nations amid the Greenland dispute. 3M shares dropped on a weak 2026 profit forecast, while major banks slipped as the White House pushed for a 10% cap on credit-card rates. The 10-year Treasury yield rose to near 4.29%. Netflix will report earnings after the close.

Stock Market Today

  • US Space Stocks Surge Ahead of SpaceX Trillion-Dollar IPO
    May 27, 2026, 6:31 PM EDT. Shares of U.S. space companies rallied Wednesday as investors anticipated SpaceX's upcoming IPO, expected to value the company at $1 trillion. Intuitive Machines jumped over 13%, Virgin Galactic rose more than 10%, and AST SpaceMobile increased nearly 7%. Rocket Lab and Planet Labs also saw gains. SpaceX, led by Elon Musk, aims to position itself as a leader in artificial intelligence and space infrastructure, potentially reshaping how Wall Street prices space economy firms. Other space-related firms hope to leverage renewed investor interest despite challenges in maintaining premium valuations amid growing demand for satellite communications, launch services, and defense infrastructure.

Latest articles

SoFi Stock Moves After Dollar Stablecoin Launches in App

SoFi Stock Moves After Dollar Stablecoin Launches in App

28 May 2026
SoFi Technologies shares rose to $16.17 Wednesday after the company launched its SoFiUSD stablecoin in its app for nearly 15 million members. The token, redeemable one-for-one for dollars and backed by liquid assets, has reached $100 million since December. Mastercard is partnering with SoFi to test card settlements using the stablecoin. SoFi plans to list SoFiUSD on the Bullish exchange by the end of June.
American Airlines CEO Holds Steady as Fuel Costs Give Stock a Boost

American Airlines CEO Holds Steady as Fuel Costs Give Stock a Boost

28 May 2026
American Airlines shares rose 0.5% to $14.92 Wednesday as CEO Robert Isom said strong revenue and premium bookings are offsetting higher fuel costs, keeping full-year guidance unchanged. The airline expects Q2 revenue up 15% on 5% more capacity, with 80% of seats already booked. American’s move lagged sector gains, with United up 6.3%. UBS raised its price target to $18, citing possible Middle East progress.
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