Today: 4 May 2026

Praxis Precision Medicines stock jumps after FDA Breakthrough Therapy tag for tremor drug, BTIG lifts target

Praxis Precision Medicines stock jumps after FDA Breakthrough Therapy tag for tremor drug, BTIG lifts target

Praxis Precision Medicines shares jumped 13.25% to $304.58 Monday after the FDA granted Breakthrough Therapy Designation to ulixacaltamide for essential tremor. The company plans to file a New Drug Application in early 2026. BTIG raised its price target on PRAX to $843 from $507. The stock slipped about 1% in after-hours trading.
30 December 2025
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Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

The U.S. has granted Samsung Electronics and SK Hynix annual licences to import chipmaking equipment into their China plants for 2026, sources said. The approvals come just before “validated end user” exemptions expire on Dec. 31, averting immediate disruption to memory chip production. Samsung and SK Hynix declined to comment. The U.S. Commerce Department was not immediately available for comment.
30 December 2025
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Micron stock today: MU jumps in premarket as memory-supply headlines keep traders on edge

Micron stock today: MU jumps in premarket as memory-supply headlines keep traders on edge

Micron shares rose 3.4% in premarket trading Tuesday to near $294 after a filing showed the CFO moved 35,000 shares into an estate-planning trust, not a sale. The move follows news that the U.S. granted Samsung and SK Hynix annual licenses to bring chipmaking equipment into China, potentially affecting Micron’s rivals. Investors are watching Fed minutes and year-end data for signals on rates and chip demand into 2026.
30 December 2025
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Comcast stock ticks lower in premarket as Versant spinoff nears — what to watch next

Comcast stock ticks lower in premarket as Versant spinoff nears — what to watch next

Comcast shares slipped 0.03% to $29.86 in premarket trading Tuesday as investors prepared for the Versant Media Group spin-off, set for distribution after the Jan. 2 close. Options markets showed increased implied volatility, signaling traders are hedging ahead of the split. President Michael Cavanagh will become co-CEO Jan. 2 under a new agreement with a $2.75 million salary and $35 million stock award.
30 December 2025
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Lululemon founder Chip Wilson launches proxy fight to reshape board amid CEO transition

Lululemon founder Chip Wilson launches proxy fight to reshape board amid CEO transition

Lululemon founder Chip Wilson has nominated three independent directors for election to the board, launching a proxy fight ahead of the 2026 annual meeting. The move follows the announced January exit of CEO Calvin McDonald and a 45% drop in Lululemon shares this year. The board is searching for a permanent CEO, with two executives named as interim co-CEOs. Lululemon said it will review Wilson’s nominees.
30 December 2025
Bitcoin price today slides toward $87K as ETF outflows weigh; Strategy, Coinbase stocks in focus

Bitcoin price today slides toward $87K as ETF outflows weigh; Strategy, Coinbase stocks in focus

Bitcoin dropped 1.9% to $87,748 in early trade Tuesday, while U.S. spot bitcoin ETFs saw $19.3 million in net outflows on Dec. 29, according to Farside. Strategy Inc. disclosed buying 1,229 bitcoins for $108.8 million, funded by share sales. Crypto-linked stocks fell, with Strategy down 2.2% and Coinbase off 1.3%. Ether slipped 1.2% to $2,973.
30 December 2025
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XRP price today: Ripple token slides below $2 as Fed minutes loom, ETF inflows hold up

XRP price today: Ripple token slides below $2 as Fed minutes loom, ETF inflows hold up

XRP fell 2.1% to $1.86 in early New York trading Tuesday, slipping below $2 as cryptocurrencies weakened into year-end. CoinShares reported $70.2 million in inflows to XRP-linked funds last week, despite $446 million in total crypto outflows. Traders are watching Fed minutes due later Tuesday and key levels near $2. Bitcoin traded around $87,600, ether near $2,970.
30 December 2025
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Dow Jones today: Dow drops 249 points as tech slides; Fed minutes next on deck

Dow Jones today: Dow drops 249 points as tech slides; Fed minutes next on deck

The Dow Jones fell 249.04 points, or 0.51%, to 48,461.93 on Monday, retreating from last week’s record high. Tech shares led declines, with Tesla down 3.3% and Nvidia off 1.2%, while energy stocks rose as oil prices climbed. Trading volumes remained thin ahead of year-end, with investors awaiting Fed minutes and jobless claims.
30 December 2025
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Stock market today: S&P 500 futures flat as Fed minutes loom; Meta-Manus AI deal in focus

Stock market today: S&P 500 futures flat as Fed minutes loom; Meta-Manus AI deal in focus

S&P 500 futures dipped 0.02% and Nasdaq 100 futures slipped 0.03% in early premarket trading Tuesday as investors awaited Federal Reserve meeting minutes for rate cut signals. The Dow, S&P 500, and Nasdaq all fell in Monday’s session, led by declines in Nvidia, Palantir, and Tesla. DigitalBridge surged 9.6% after SoftBank agreed to buy it for $4 billion. Meta announced a deal to acquire AI startup Manus.
30 December 2025
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Barrick Gold stock rises premarket as gold price steadies after sharp selloff

Barrick Gold stock rises premarket as gold price steadies after sharp selloff

Barrick Mining shares rose 1.1% in premarket trading Tuesday after a 4.7% drop the previous session. Spot gold gained 0.7% to $4,361.71 an ounce, rebounding from Monday’s 4.5% slide. Traders cited thin year-end liquidity and awaited the Federal Reserve’s December meeting minutes due later in the day. Barrick last closed at $44.02 and now trades under the NYSE ticker “B.”
30 December 2025
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Stock Market Today

  • Market Call: Stock Rally Driven by Earnings Revisions and Growth Leadership
    May 3, 2026, 8:15 PM EDT. The stock market is ascending with the S&P 500 reaching record highs, supported by rising earnings revisions for 2026 and 2027. Growth stocks, especially the 'Magnificent-7,' lead the rally, while small caps and the Russell 2000 set fresh records. Investor sentiment remains subdued, suggesting further potential upside. Private credit, previously soft, shows signs of stability with key ETFs rebounding. Forward operating earnings for the S&P 500 hit a record $346.19 per share, bolstered by strong Q1 earnings reports beating expectations. Revenue breadth is expanding, and mid and small-cap earnings also reach new highs, all pointing to a sustainable rally rather than a bubble.

Latest article

Navitas Semiconductor Stock Is Running Hot. Tuesday Will Test the AI Power Story

Navitas Semiconductor Stock Is Running Hot. Tuesday Will Test the AI Power Story

4 May 2026
Navitas Semiconductor shares rose 5.76% to $17.45 Friday on heavy volume ahead of first-quarter results due Tuesday. The company forecast Q1 revenue of $8.0–$8.5 million after posting a $41.4 million loss last quarter. Management highlighted new high-power chips for AI data centers but warned that design wins do not guarantee near-term sales. CEO Chris Allexandre and CFO Tonya Stevens will discuss results May 5.
Eaton Stock Faces May 5 Test as AI Data Center Bets Meet Earnings Reality

Eaton Stock Faces May 5 Test as AI Data Center Bets Meet Earnings Reality

4 May 2026
Eaton will report first-quarter results before the NYSE opens Tuesday, following its Boyd Thermal acquisition and push into AI data-center power systems. Shares closed Friday at $425.55, down 1.72%, with a market value near $166 billion. Wall Street expects adjusted earnings of $2.75 per share for the March quarter. Investors are watching for signs that AI data-center demand is driving orders and profit.
Blue Owl Capital Faces Fresh Private-Credit Test After Brown Slashes OBDC Stake

Blue Owl Capital Faces Fresh Private-Credit Test After Brown Slashes OBDC Stake

4 May 2026
Brown University cut its stake in Blue Owl Capital Corp’s main private-credit fund by 53%, holding 1.5 million OBDC shares at March 31, down from 3.2 million at the end of 2025. Blue Owl’s quarterly filing showed revenue rose to $753.8 million, net income doubled to $15.5 million, but its direct-lending strategy posted a 1.1% net loss as repayments outpaced new loans.
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