Today: 2 May 2026

Apple stock slips after Apple Card moves to JPMorgan from Goldman — what investors watch next

Apple stock slips after Apple Card moves to JPMorgan from Goldman — what investors watch next

Apple shares fell 1.5% to $256.36 Thursday morning after announcing JPMorgan Chase will take over the Apple Card from Goldman Sachs in a transition expected to last about two years. JPMorgan anticipates a $2.2 billion provision for credit losses tied to the deal. Traders are watching Friday’s U.S. jobs report and Apple’s Jan. 29 earnings. JPMorgan shares rose 0.9%; Goldman was little changed.
Dow Jones Today: Dow steadies near record highs as jobs report looms and Trump defense talk jolts stocks

Dow Jones Today: Dow steadies near record highs as jobs report looms and Trump defense talk jolts stocks

The Dow rose 129 points, or 0.3%, to 49,124.87 by mid-morning Thursday, recovering after a sharp drop Wednesday. Weekly jobless claims increased to 208,000, while defense stocks climbed after Donald Trump called for a $1.5 trillion military budget. Investors await Friday’s U.S. jobs report for clues on Federal Reserve rate moves.
Rolls-Royce shares jump on fresh buyback update as defense stocks rally

Rolls-Royce shares jump on fresh buyback update as defense stocks rally

Rolls-Royce bought back 434,889 shares on Jan. 7 as part of a £200 million program, bringing the total to 1,843,755 shares repurchased since January. The stock rose about 0.8% to 1,269.5 pence in London, lifted by gains in defense shares following a U.S. call for higher military spending. Investors await full-year results on Feb. 26 for updates on cash flow and capital returns.
Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

Palantir Technologies shares rose 0.1% to $181.81 after Truist Securities initiated coverage with a buy rating and $223 price target, citing demand for generative AI. Chief Revenue Officer Ryan D. Taylor sold 12,000 shares on Jan. 2, according to a Form 4 filing. Palantir reports earnings Feb. 2. Defense stocks surged after Donald Trump called for a $1.5 trillion U.S. military budget for 2027.
8 January 2026
Ondas stock jumps 19% as investors chase ONDS ahead of January investor day

Ondas stock jumps 19% as investors chase ONDS ahead of January investor day

Ondas Holdings shares jumped 19% to $14.55 Thursday morning after the company reported $10 million in new autonomous-systems orders and set a 2026 revenue target of at least $110 million. CEO Eric Brock will appear at the Needham Growth Conference Jan. 14 and host a virtual investor day Jan. 16. Ondas plans to change its name and move headquarters to West Palm Beach, Florida, this quarter.
8 January 2026
Lockheed Martin stock jumps on Trump’s $1.5 trillion defense budget push — buyback ban still in play

Lockheed Martin stock jumps on Trump’s $1.5 trillion defense budget push — buyback ban still in play

Lockheed Martin shares jumped 7.4% to $533.71 Thursday after President Donald Trump proposed a $1.5 trillion 2027 U.S. military budget and ordered a halt to dividends and buybacks at defense contractors. Northrop Grumman and RTX also rose. Trump’s order directs the Pentagon to identify underperforming contractors and the SEC to consider new rules. Lockheed reports earnings Jan. 29.
Applied Digital stock jumps after Q2 revenue triples, as new hyperscaler talks drive AI data-center push

Applied Digital stock jumps after Q2 revenue triples, as new hyperscaler talks drive AI data-center push

Applied Digital reported fiscal Q2 revenue of $126.6 million, up 250% from a year earlier and above Wall Street estimates, sending shares up 7% in after-hours trading. The company signed leases with two hyperscalers in North Dakota and is in advanced talks with another. Net loss narrowed to $31.2 million. Applied Digital completed a $2.35 billion private note offering to fund expansion.
BigBear.ai (BBAI) stock bounces after Cantor downgrade, with note conversion and share vote in focus

BigBear.ai (BBAI) stock bounces after Cantor downgrade, with note conversion and share vote in focus

BigBear.ai shares rose 2% to $6.11 Thursday after a 6.6% drop Wednesday following a Cantor Fitzgerald downgrade. Investors are watching a Jan. 16 redemption of $125 million in convertible notes, mostly expected to convert to stock, and a Jan. 22 shareholder vote on doubling authorized shares. The stock trades at a $2.6 billion market value, about 42% below its 52-week high.
8 January 2026
Snap stock slips as CEO Evan Spiegel files new share-sale disclosure

Snap stock slips as CEO Evan Spiegel files new share-sale disclosure

Snap Inc shares fell about 2% early Thursday after CEO Evan Spiegel disclosed the sale of 1.2 million Class A shares for $8.25 each on Jan. 5, according to an SEC filing. The stock remains roughly 35% below its 52-week high. The transaction, valued near $10 million, was made under a preset trading plan. Snap’s ad business remains volatile, with investors watching for signs of demand ahead of its next earnings report.
8 January 2026
Amazon stock today: AMZN ticks up as AWS self-driving deal and GPU pricing come into focus

Amazon stock today: AMZN ticks up as AWS self-driving deal and GPU pricing come into focus

Amazon shares rose 0.3% to $241.56 in early Thursday trading after AWS expanded its autonomous-driving partnership with Germany’s Aumovio. AWS also raised prices for some reserved GPU capacity by about 15%. Investors are watching for signs of steady AI spending and post-holiday e-commerce demand ahead of Friday’s U.S. jobs report.
Mobileye stock falls as $900 million humanoid-robot deal meets a reality check

Mobileye stock falls as $900 million humanoid-robot deal meets a reality check

Mobileye Global shares fell 3.4% to $11.82 in early Thursday trading after announcing a $900 million deal to acquire humanoid robot startup Mentee Robotics. The company said the purchase would increase 2026 operating expenses by a low-single-digit percentage. Mobileye also disclosed estimated 2025 revenue as “a bit short of $2 billion” in a regulatory filing.
Apple stock slips today as Apple Card shifts to JPMorgan, payrolls and earnings loom

Apple stock slips today as Apple Card shifts to JPMorgan, payrolls and earnings loom

Apple shares fell 0.8% to $260.33 in early Thursday trading after Alphabet surpassed its market value for the first time since 2019. Apple and JPMorgan said Chase will take over as Apple Card issuer in about 24 months, pending regulatory approval. Goldman expects the deal to add 46 cents per share to its Q4 2025 earnings. Investors await Friday’s U.S. jobs report and Apple’s Jan. 29 earnings call.
Nokia Oyj stock slides in Helsinki as Kepler upgrade bounce fades ahead of Jan. 29 results

Nokia Oyj stock slides in Helsinki as Kepler upgrade bounce fades ahead of Jan. 29 results

Nokia shares fell about 4% to 5.534 euros in Helsinki on Thursday, reversing part of Wednesday’s gain after Kepler Cheuvreux upgraded the stock to “buy” and raised its target price to 6.60 euros. Another broker maintained a bearish stance. Investors await Nokia’s Jan. 29 earnings for updates on margins and cash flow. In U.S. trading, Nokia’s ADRs dropped 3.3% to $6.57.
8 January 2026

Stock Market Today

  • CIBC's Sid Mokhtari Unveils Top 10 TSX Stock Picks for May
    May 1, 2026, 6:58 PM EDT. CIBC's chief market technician Sid Mokhtari shares his top 10 stock picks for May, focusing on stocks with strong technical and quantitative traits. His April portfolio outperformed the S&P/TSX Composite Index by delivering an 8.53% return versus the index's 3.65%. Key stocks include energy firms Cenovus Energy, Keyera Corp, and Whitecap Resources. Financials such as Bank of Montreal, Manulife, and Power Corp also feature. Mokhtari's disciplined strategy has consistently outperformed the TSX over the past four years, with his 2025 selections returning 51.3% against the index's 28.3%. May historically sees modest TSX gains, led by consumer staples, utilities, and financials. His updated report underscores a tilt towards quality, value, and free cash flow factors, emphasizing a diversified approach amid shifting sector dynamics.

Latest article

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

2 May 2026
Strategy Inc kept STRC’s May dividend rate at 11.5% and set a $0.958333333 per-share payout, according to a new filing. Shareholders are voting on whether to move STRC dividends from monthly to twice monthly, with results due at the June 8 annual meeting. The company recently used $255 million from a stock sale to buy 3,273 bitcoin.
JetBlue Stock Rises as Spirit Shutdown Risk Shakes Up U.S. Airline Market

JetBlue Stock Rises as Spirit Shutdown Risk Shakes Up U.S. Airline Market

2 May 2026
JetBlue shares rose 4.4% Friday, closing at $4.86, as investors reacted to reports Spirit Airlines may shut down after rescue talks stalled. The move followed JetBlue’s wider first-quarter net loss of $319 million and a 12% jump in fuel costs. JetBlue said it will cut capacity and raised $500 million in aircraft-backed financing to bolster liquidity. The company expects higher fuel prices to persist into the second quarter.
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