Today: 2 May 2026

Frontline (FRO) stock jumps as Venezuela tanker seizures stir oil-shipping bets

Frontline (FRO) stock jumps as Venezuela tanker seizures stir oil-shipping bets

Frontline shares jumped 7.7% to $23.27 by late morning Wednesday as U.S. authorities seized a Venezuela-linked tanker reflagged under Russia, spurring a rally in tanker stocks. DHT Holdings, International Seaways, Teekay Tankers, and Scorpio Tankers also posted gains. Investors focused on freight rates, which have surged amid sanctions and vessel shortages. Oil prices fell after President Trump announced new Venezuelan crude shipments to the U.S.
7 January 2026
UnitedHealth stock falls despite new price targets as Wall Street eyes Jan. 27 earnings

UnitedHealth stock falls despite new price targets as Wall Street eyes Jan. 27 earnings

UnitedHealth shares fell over 2% to $340.44 Wednesday morning, erasing part of Tuesday’s gain. The drop followed analyst moves, with Bernstein raising its target to $444 and Evercore ISI starting coverage at $400. Investors await UnitedHealth’s Jan. 27 results and Medicare Advantage rate updates. Humana and Cigna also declined.
Intel stock jumps nearly 9% as CES Panther Lake push meets fresh Wall Street upgrade

Intel stock jumps nearly 9% as CES Panther Lake push meets fresh Wall Street upgrade

Intel shares jumped 8.9% to $43.62 Wednesday after unveiling new Panther Lake laptop chips at CES and receiving an analyst upgrade. The chips, built on Intel’s 18A process, will power over 200 PC models starting Jan. 27. Investors are watching early demand and rollout of the Core Ultra Series 3. J.P. Morgan analysts remain cautious on Intel’s ability to challenge TSMC in advanced chip manufacturing.
7 January 2026
Google (Alphabet) GOOG stock rises as House tees up self-driving hearing; Waymo in focus

Google (Alphabet) GOOG stock rises as House tees up self-driving hearing; Waymo in focus

Alphabet Class C shares climbed 1.7% to $319.98 in morning trading Wednesday, outperforming a mixed U.S. market. A U.S. House subcommittee set a Jan. 13 hearing on draft bills to ease deployment of driverless vehicles, including raising the exemption cap to 90,000 per year. CES in Las Vegas drew attention to autonomous tech and AI, with Waymo and Nvidia in focus.
Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

Nvidia, AMD or Intel? CES 2026 AI chip rollouts sharpen 2026 stock callsLAS VEGAS,

Nvidia CEO Jensen Huang announced the Vera Rubin AI platform is in full production, with servers carrying 72 GPUs and 36 CPUs. AMD introduced MI455 and MI440X chips at CES, targeting AI customers including OpenAI, and previewed a 2027 MI500 series. Analysts’ price targets continue to favor Nvidia and AMD, while Intel’s outlook remains mixed despite a recent upgrade.
Strategy stock jumps on MSCI reprieve for bitcoin-treasury firms — but a key limit stays

Strategy stock jumps on MSCI reprieve for bitcoin-treasury firms — but a key limit stays

MSCI said it will not exclude digital asset treasury companies from its indexes in February 2026, pausing planned changes and opening a broader consultation. Shares of Strategy rose as much as 6% after hours and were last up 3.2% Wednesday morning, before trimming gains as bitcoin fell. MSCI will freeze certain index-weight inputs and halt new additions or size changes for affected stocks.
7 January 2026
Palantir stock ticks higher as Truist starts coverage with $223 target, valuation stays in play

Palantir stock ticks higher as Truist starts coverage with $223 target, valuation stays in play

Palantir Technologies shares rose 0.9% to $181.38 Wednesday after Truist initiated coverage with a “buy” rating and a $223 target, citing strong AI-driven revenue growth. The stock traded at over 400 times earnings, raising concerns about high expectations. Investors remained cautious ahead of Friday’s U.S. jobs report, which could impact tech valuations. Palantir’s next earnings are expected Feb. 2.
7 January 2026
Applied Digital stock edges up ahead of earnings as new analyst targets reach $99

Applied Digital stock edges up ahead of earnings as new analyst targets reach $99

Applied Digital shares rose about 2% Wednesday morning ahead of quarterly results due after the bell. Freedom Capital and Arete initiated coverage with Buy ratings and price targets of $36 and $99, respectively. Investors await updates on AI data-center leasing and the planned ChronoScale cloud spin-out. Analysts expect quarterly revenue of $90.5 million and a loss of $0.11 per share.
Netflix stock dips after Warner rejects Paramount bid, with earnings two weeks away

Netflix stock dips after Warner rejects Paramount bid, with earnings two weeks away

Netflix fell 0.3% to $90.42 after Warner Bros Discovery urged shareholders to reject Paramount Skydance’s $30-per-share bid and back Netflix’s $27.75-a-share agreement. CFRA downgraded Netflix to “Hold,” citing risks from the Warner deal, which could raise debt and face lengthy regulatory review. Warner shares rose 0.2%, Paramount Skydance dropped 0.5%. Netflix reports earnings Jan. 20.

Stock Market Today

  • Deterra Royalties Sees Stable Income Amid Thacker Pass Development Progress
    May 2, 2026, 2:32 AM EDT. Deterra Royalties (ASX:DRR) reported steady March quarter cash flows from its core iron ore Mining Area C royalties, despite softer iron ore prices. The company's strong balance sheet supports ongoing development at the U.S.-based Thacker Pass lithium project, funded partly by significant U.S. loans, aiming to diversify future income away from iron ore. However, near-term earnings remain sensitive to iron ore price fluctuations, with net income at A$87.17 million and interim dividends reflecting this dependency. Analysts project Deterra's revenue to decline by 7% annually to A$219 million by 2029, with earnings forecast to fall by A$40.7 million from current levels. Fair value estimates suggest a possible 8% upside to the current stock price, but iron ore market risks continue to influence the company's income mix and investment narrative.

Latest article

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

US Stock Market Today: Live Updates 02.05.2026

2 May 2026
LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 2:34 AM EDT Deterra Royalties Sees Stable Income Amid Thacker Pass Development Progress May 2, 2026, 2:32 AM EDT. Deterra Royalties (ASX:DRR) reported steady March quarter cash flows from its core iron ore Mining Area C royalties, despite softer iron ore prices. The company's strong balance sheet supports ongoing development at the U.S.-based Thacker Pass lithium project, funded partly by significant U.S. loans, aiming to diversify future income away from iron ore. However, near-term earnings remain sensitive to iron ore price fluctuations, with net income at A$87.17 million
US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
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.
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