Today: 1 May 2026

Netflix stock slips as Paramount challenges Warner deal; CPI and earnings are next

Netflix stock slips as Paramount challenges Warner deal; CPI and earnings are next

Paramount Skydance reaffirmed its $108.4 billion bid for Warner Bros. Discovery, topping Netflix’s $72 billion offer. Netflix shares fell 1.2% to $89.46. Netflix co-CEO Greg Peters received 207,420 shares as performance-based stock units vested. Investors await U.S. inflation data Jan. 13 and Netflix’s fourth-quarter earnings Jan. 20.
Opendoor stock jumps as Trump mortgage-bond push jolts housing-linked names

Opendoor stock jumps as Trump mortgage-bond push jolts housing-linked names

Opendoor Technologies shares surged 13.2% to $7.29 Friday after President Trump ordered $200 billion in mortgage-bond purchases, lifting housing stocks and the Philadelphia Housing index. Treasury Secretary Scott Bessent said the move aims to match the Fed’s pace as it reduces its MBS holdings. Opendoor’s stock, volatile this week, closed above $7 for the first time in months. Investors await the company’s next earnings report, expected Feb. 26.
NASA moves up SpaceX Crew-11 return from ISS after astronaut medical issue — here’s the timeline

NASA moves up SpaceX Crew-11 return from ISS after astronaut medical issue — here’s the timeline

NASA and SpaceX plan to undock Crew-11 from the International Space Station no earlier than 5 p.m. EST on Jan. 14, with splashdown off California at about 3:40 a.m. Jan. 15. The crew is returning early due to a medical issue affecting one astronaut, whom NASA says is stable. A scheduled spacewalk has been canceled. NASA has not identified the astronaut or disclosed details of the condition.
10 January 2026
Lockheed Martin stock jumps near a 52-week high as Truist upgrades LMT and Trump targets defense payouts

Lockheed Martin stock jumps near a 52-week high as Truist upgrades LMT and Trump targets defense payouts

Lockheed Martin shares rose 4.7% to $542.92 Friday after Truist upgraded the stock and raised its price target. The move followed Donald Trump’s call for a $1.5 trillion 2027 U.S. defense budget and an executive order tying dividends and buybacks to weapons delivery. Lockheed also won a $22.6 million U.S. Navy contract for Canada. Investors await fourth-quarter results on Jan. 29.
Hims & Hers stock slides as Amazon adds Wegovy pill, raising fresh pricing fears

Hims & Hers stock slides as Amazon adds Wegovy pill, raising fresh pricing fears

Hims & Hers Health shares dropped 6.4% to $31.69 Friday, extending a two-day slide to 11% after Amazon Pharmacy entered the Wegovy weight-loss pill market. BofA cut its price target and kept an Underperform rating, citing high 2026 estimates. The stock closed below key moving averages and neared oversold levels. The FDA previously warned the company over marketing claims for compounded weight-loss drugs.
Lam Research stock jumps on Mizuho target hike as chip-tool rally sets up next earnings test

Lam Research stock jumps on Mizuho target hike as chip-tool rally sets up next earnings test

Lam Research shares surged 8.7% to $218.36 Friday after Mizuho raised its price target and the PHLX chip index hit a record. Heavy trading snapped a two-day slide for Lam, which will report earnings Jan. 28. Applied Materials and KLA also posted strong gains. Traders are watching next week’s U.S. inflation data and the Fed’s policy meeting for signals on rate cuts.
Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle shares rose 4.7% to close at $198.52 Friday after news that OpenAI and SoftBank will invest $1 billion in Stargate, a $500 billion AI infrastructure project backed by Oracle. The company reported $8.1 billion in quarterly capital spending and $108.1 billion in notes payable and borrowings. Oracle declared a 50-cent dividend payable Jan. 23. Traders await the Dec. CPI data release on Jan. 13.
10 January 2026
NuScale Power stock pops on BofA upgrade as Meta’s nuclear push lifts the SMR trade

NuScale Power stock pops on BofA upgrade as Meta’s nuclear push lifts the SMR trade

NuScale Power shares closed up 4.3% at $20.51 Friday after Bank of America upgraded the stock. The move followed Meta’s announcement of 20-year nuclear power deals and plans to support small modular reactor development. NuScale remains below key moving averages and faces dilution risk from a $750 million at-the-market offering. Next earnings update is expected in early March.
Northrop Grumman stock jumps nearly 5% as Trump’s $1.5 trillion defense-budget talk reshapes the trade

Northrop Grumman stock jumps nearly 5% as Trump’s $1.5 trillion defense-budget talk reshapes the trade

Northrop Grumman shares jumped 4.7% to $618.82 Friday, following U.S. budget signals and new missile-defense and propulsion contracts. Truist Securities downgraded the stock, citing valuation risks. President Trump’s executive order tied defense contractor payouts to weapons delivery, raising policy uncertainty. Investors await Northrop’s Jan. 27 earnings for updates on cash flow and dividends.

Stock Market Today

  • Australian Shares Expected to Rise as US Markets Hit Record Highs and Corporate Earnings Impress
    May 1, 2026, 1:25 AM EDT. Australian sharemarket futures surged 131 points to 8,677, reflecting optimism after Wall Street's record-breaking session where the Dow Jones rose 1.62% and the S&P 500 posted its strongest monthly gain since November 2020. Persistent gains in tech and industrial giants, including Atlassian, Apple, and Caterpillar, bolstered investor confidence. Brent crude oil briefly hit $126 a barrel amid Middle East tensions before settling down slightly. The Australian dollar strengthened to 72 US cents, with Bitcoin modestly up. Locally, attention shifts to March producer price indexes from the Australian Bureau of Statistics, while US economic data showed 2% GDP growth in Q1 2026 alongside rising inflation at 3.5%. The mix of robust earnings and macroeconomic signals sets the stage for a rally in Australian equities.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 1:27 AM EDT Australian Shares Expected to Rise as US Markets Hit Record Highs and Corporate Earnings Impress May 1, 2026, 1:25 AM EDT. Australian sharemarket futures surged 131 points to 8,677, reflecting optimism after Wall Street's record-breaking session where the Dow Jones rose 1.62% and the S&P 500 posted its strongest monthly gain since November 2020. Persistent gains in tech and industrial giants, including Atlassian, Apple, and Caterpillar, bolstered investor confidence. Brent crude oil briefly hit $126 a barrel amid Middle East tensions before settling down slightly.
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

1 May 2026
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.
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

1 May 2026
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.
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