Today: 3 May 2026

Nextpower (NXT) stock slides as solar shares wobble; $90 level and earnings in focus

Nextpower (NXT) stock slides as solar shares wobble; $90 level and earnings in focus

Nextpower shares dropped 3.9% to $89.18 Monday, erasing an early surge and closing $3.60 below Friday’s finish. The move returned the stock to a key technical support zone after last year’s solar rally. Traders are watching for the company’s fiscal Q3 earnings, expected between Jan. 27 and Feb. 2. Broader solar stocks were mixed as investors awaited U.S. economic data for rate clues.
Comstock Resources stock slides as U.S. gas futures drop on warm-weather outlook

Comstock Resources stock slides as U.S. gas futures drop on warm-weather outlook

Comstock Resources shares dropped 4.2% to $22.60 Monday as U.S. natural gas futures fell over 5% on forecasts for above-normal winter temperatures. Other gas-focused producers also declined, with Antero Resources down 3.8% and Range Resources off 1.8%. Traders cited weaker demand signals and are watching the next U.S. gas-storage update. About 2.2 million Comstock shares traded by midafternoon.
Qualcomm stock rises on Google auto AI tie-up, Snapdragon X2 laptop push at CES 2026

Qualcomm stock rises on Google auto AI tie-up, Snapdragon X2 laptop push at CES 2026

Qualcomm shares rose 1.7% to $175.96 Monday after the company and Google expanded their automotive partnership at CES, focusing on long-term software support and “agentic AI.” Qualcomm also unveiled new PC and robotics chips. Investors are watching for further CES design wins and Qualcomm’s Feb. 4 earnings. The Philadelphia Semiconductor Index gained 0.9% in afternoon trading.
Thermo Fisher Scientific stock jumps as Evercore lifts target, with earnings in focus

Thermo Fisher Scientific stock jumps as Evercore lifts target, with earnings in focus

Thermo Fisher Scientific shares climbed 2.4% to $606.63 after Evercore ISI raised its price target to $650 and reaffirmed an “outperform” rating. The stock traded between $590 and $608.29 on volume of 1.6 million shares. Peers Danaher, Agilent, and Illumina also advanced. Investors await Thermo Fisher’s fourth-quarter results on Jan. 29 and updates on its planned $9.4 billion Clario acquisition.
Palo Alto Networks stock climbs after report flags $400 mln Koi Security talks, analysts turn less bearish

Palo Alto Networks stock climbs after report flags $400 mln Koi Security talks, analysts turn less bearish

Palo Alto Networks shares rose 1.7% to $182.46 after Israeli media reported the company is in talks to acquire Koi Security for about $400 million. Guggenheim upgraded the stock to neutral, while Piper Sandler raised its price target to $265. Cybersecurity stocks broadly gained, with the Global X Cybersecurity ETF up 1.2%. Investors await confirmation on the Koi deal and Palo Alto’s earnings, expected around Feb. 12.
Jabil stock slides on Hanley Energy buy: what the $725 million AI data center deal means for JBL

Jabil stock slides on Hanley Energy buy: what the $725 million AI data center deal means for JBL

Jabil shares dropped 7.3% to $222.90 after the company said it completed its $725 million cash acquisition of Hanley Energy Group. The deal, closed Jan. 2, adds 850 employees and expands Jabil’s data center power capabilities. Investors focused on integration risks and cash outlay, as Jabil’s stock fell while the broader market rose. The company’s annual meeting is set for January 22.
XRP pops again as U.S. spot ETF assets near $1.4B and buy pressure hits month-high

XRP pops again as U.S. spot ETF assets near $1.4B and buy pressure hits month-high

XRP jumped 9% to $2.27 on Monday, with U.S.-listed spot XRP ETFs taking in $43 million last week and holding $1.37 billion in assets, according to FXStreet. XRP futures open interest reached $3.8 billion. CryptoQuant reported a seven-day average taker buy/sell ratio of 0.991, the highest since November. ETF inflows have continued for 43 straight trading days since mid-November, 24/7 Wall St. said.
5 January 2026
Accenture stock rebounds nearly 2% as Redburn nudges target; dividend date and March earnings in focus

Accenture stock rebounds nearly 2% as Redburn nudges target; dividend date and March earnings in focus

Accenture shares rose nearly 2% Monday to $265.07 after last week’s slide, following a price target increase by Rothschild & Co Redburn to $210. The company recently reported $20.9 billion in new bookings and declared a $1.63 quarterly dividend, payable Feb. 13. Accenture’s annual meeting is set for Jan. 28 in Dublin. Investors await its Q2 earnings call on March 19.
Western Digital (WDC) stock whipsaws as AI memory crunch drives storage trade

Western Digital (WDC) stock whipsaws as AI memory crunch drives storage trade

Western Digital shares fell 0.9% to $186.00 Monday afternoon after rising as much as 4.3% earlier, as investors shifted positions in storage and memory stocks tied to AI infrastructure. A Reuters report cited a global supply crunch in high-bandwidth memory, with some prices doubling since last year. Sandisk rose 1.5%, while Seagate and Applied Digital gained over 3%. Western Digital’s next earnings report is expected February 4.
Marvell stock (MRVL) rises after Melius upgrade sets $135 target ahead of CES CEO chat

Marvell stock (MRVL) rises after Melius upgrade sets $135 target ahead of CES CEO chat

Marvell Technology shares rose 1.5% to $90.69 Monday after Melius Research upgraded the stock to “buy” with a $135 target. The move followed Marvell’s $3.25 billion deal for Celestial AI and ahead of CEO Matt Murphy’s scheduled CES appearance Tuesday. The stock opened at $93.08 and remains about 29% below its 52-week high. Investors also await the U.S. December jobs report on Friday.
JNJ stock slips as talc lawsuits return to the spotlight ahead of earnings

JNJ stock slips as talc lawsuits return to the spotlight ahead of earnings

Johnson & Johnson shares dropped 2.2% to $202.86 Monday, underperforming a rising market as investors rotated out of healthcare stocks. The move comes ahead of key events including the Jan. 9 U.S. jobs report and J&J’s Jan. 21 earnings call. More than 67,000 talc lawsuits remain unresolved, with a special master set to review expert evidence in New Jersey federal court.

Stock Market Today

  • Energy Action (ASX:EAX) Shows Strong Earnings Growth with 37% EPS Increase
    May 2, 2026, 6:28 PM EDT. Energy Action (ASX:EAX) demonstrated impressive financial growth, reporting a 37% rise in earnings per share (EPS) from AU$0.031 to AU$0.042 over one year. The company also posted a 27% increase in revenue to AU$13 million, while maintaining stable earnings before interest and tax (EBIT) margins. With a modest market capitalization of AU$16 million, Energy Action benefits from strong insider confidence, as insiders hold 54% of the shares. This high insider ownership aligns management's interests closely with shareholders. However, investors should consider the company's cash and debt levels before making decisions. The steady profit growth signals potential for long-term value creation in a small-cap energy firm.

Latest article

ASML Stock Slips After AI Surge as China Risk Tests 2026 Forecast

ASML Stock Slips After AI Surge as China Risk Tests 2026 Forecast

3 May 2026
ASML’s U.S.-listed shares fell 0.83% to $1,427.02 on Friday as its Amsterdam listing remained closed for Labour Day. Investors are weighing a higher 2026 sales forecast against export controls on China. The company reported first-quarter net sales of €8.8 billion and net income of €2.8 billion. CEO Christophe Fouquet said chip demand is outpacing supply, with customers accelerating expansion plans.
Citigroup Stock’s Big Week: Fitch Turns Positive, and Jane Fraser Gets One More Test

Citigroup Stock’s Big Week: Fitch Turns Positive, and Jane Fraser Gets One More Test

2 May 2026
Fitch Ratings revised its outlook on Citigroup to positive, affirming its issuer ratings at A and F1. Citi reported Q1 net income of $5.8 billion on $24.6 billion revenue, with a 13.1% return on tangible common equity. Shares closed Friday at $127.44, valuing the bank at $237.4 billion. Citi said it returned $7.4 billion to shareholders in Q1 through buybacks and dividends.
MP Materials Stock Faces Rare Earth Test as China Supply Signals Shift Before Earnings

MP Materials Stock Faces Rare Earth Test as China Supply Signals Shift Before Earnings

2 May 2026
MP Materials will report first-quarter earnings on May 7 after market close. China shipped 60 tons of yttrium oxide to the U.S. in March, but annual U.S. imports remain down 75% from a year earlier. MP shares ended Friday at $66.63, valuing the company at $11.7 billion. The firm recently began producing neodymium-iron-boron magnets at its Texas facility.
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