Today: 2 May 2026

Microchip stock leaps on upbeat sales update as traders eye Feb. 5 results

Microchip stock leaps on upbeat sales update as traders eye Feb. 5 results

Microchip Technology shares surged 11.6% to $74.87 after the company raised its fiscal third-quarter sales outlook to $1.185 billion, above previous guidance. CEO Steve Sanghi cited strong bookings and a broad-based recovery. The update boosted shares of Texas Instruments and NXP Semiconductors. Investors await Microchip’s full results and March-quarter guidance on Feb. 5.
7 January 2026
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BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

BitMine Immersion Technologies shares fell 3.1% to $32.33 Tuesday after reporting $14.2 billion in crypto and cash holdings, including 4.14 million ether. Shareholders will vote Jan. 15 on raising authorized shares. MSCI said it will not exclude “digital asset treasury companies” like BitMine from its benchmarks for now. Cantor Fitzgerald began coverage with an Overweight rating and a $39 target.
7 January 2026
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Analog Devices stock jumps 6% as chip index hits a record; traders refocus on analog demand

Analog Devices stock jumps 6% as chip index hits a record; traders refocus on analog demand

Analog Devices shares rose 5.6% to $292.94 Tuesday, near the session high, as chip stocks rallied and the Philadelphia Semiconductor Index hit a record. Trading volume reached about 6.4 million shares. A regulatory filing showed SVP Martin Cotter sold 10,000 shares at $278.45 on Jan. 5. Microchip Technology lifted its sales outlook, fueling gains in cyclical chipmakers tied to factory and auto demand.
7 January 2026
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American Airlines (AAL) stock slips after free Wi‑Fi plan; analysts lift targets before earnings

American Airlines (AAL) stock slips after free Wi‑Fi plan; analysts lift targets before earnings

American Airlines shares closed down 1% at $15.67 Tuesday after announcing free in-flight Wi‑Fi for AAdvantage loyalty members, with rollout starting this month. The stock traded between $15.60 and $16.16 on volume of 82.8 million shares. UBS and BofA raised their price targets. American’s next earnings report is expected Jan. 22.
7 January 2026
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Vertiv stock (VRT) whipsaws after Nvidia CES cooling claim; earnings next in focus

Vertiv stock (VRT) whipsaws after Nvidia CES cooling claim; earnings next in focus

Vertiv shares closed up 0.6% at $174.95 after dropping as much as 6.6% intraday, following Nvidia CEO Jensen Huang’s comment that new Rubin chips need “no water chillers.” Johnson Controls fell 6.2% and Trane dropped 2.5%. Barclays said Vertiv and nVent are better positioned in liquid and precision cooling. About 7.8 million Vertiv shares traded.
7 January 2026
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Thermo Fisher Scientific stock hits a 52-week high as Evercore lifts target and obesity registry launch draws focus

Thermo Fisher Scientific stock hits a 52-week high as Evercore lifts target and obesity registry launch draws focus

Thermo Fisher Scientific (TMO) closed up 1.6% at $620.72, a new 52-week high, before trading flat after hours. Evercore ISI raised its price target to $650, maintaining an Outperform rating. The company announced first patient enrollment in its PPD CorEvitas Obesity Registry. CEO Marc Casper will speak at the JPMorgan Healthcare Conference on Jan. 13, with earnings due Jan. 29.
7 January 2026
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Lockheed Martin stock rises after Patriot PAC-3 production deal; what investors watch next

Lockheed Martin stock rises after Patriot PAC-3 production deal; what investors watch next

Lockheed Martin shares rose 2.05% to $522.04 after the company announced a seven-year plan to boost annual PAC-3 MSE interceptor production from about 600 to 2,000 units. The framework agreement with the U.S. government ties initial contracts to fiscal 2026 appropriations. Lockheed delivered 620 interceptors in 2025 and expects a contract award after Congress finalizes the budget. Investors await more details in the Jan. 29 earnings report.
7 January 2026
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Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

Johnson Controls shares fell 6.2% to $113.95 after Nvidia CEO Jensen Huang said new chips could sharply reduce data-center cooling needs. Trane dropped 2.5% and Carrier slipped 0.5%. Barclays estimates data centers are a low-double-digit share of Johnson Controls’ sales. Investors now await CES updates, U.S. jobs data, and Johnson Controls’ Feb. 4 results.
7 January 2026
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Stock Market Today

  • Viking Holdings Gains TIME100 Recognition and Expands Egypt Fleet, Shaping Investment Outlook
    May 2, 2026, 6:42 AM EDT. Viking Holdings (VIK) was named in TIME's 2026 TIME100 Most Influential Companies under 'Disrupters' and launched two new Nile River vessels, Viking Ptah and Viking Sekhmet, for its Pharaohs & Pyramids cruise. These moves reinforce its premium cultural travel focus and Egypt market expansion. However, the latest developments highlight ongoing challenges for investors: managing rising operating costs, fuel prices, and high debt. Analysts forecast Viking's revenue reaching up to $9.5 billion by 2029 with a potential 6% upside, yet leverage risks persist. The new fleet adds capacity but also capital intensity. Investors should monitor upcoming earnings and booking trends closely, balancing growth potential with financial risk amid evolving market conditions.

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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

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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