Today: 1 May 2026
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NASDAQ:SSB 9 February 2026

QQQ tug-of-war: SEC filings show fresh buying and a bank cut as Nasdaq tests faster Nasdaq-100 entry

QQQ tug-of-war: SEC filings show fresh buying and a bank cut as Nasdaq tests faster Nasdaq-100 entry

Paradigm Capital Management more than doubled its Invesco QQQ stake in Q3, raising holdings by 121% to 2,998 shares worth $1.8 million, filings show. Penserra increased its QQQ position by 26%, while SouthState Bank cut its stake by 45%. Nasdaq is seeking feedback on a rule to speed up adding large new listings to the Nasdaq-100.

Stock Market Today

  • Stifel Nicolaus Lowers Meta Platforms Price Target to $780 Despite Buy Rating
    May 1, 2026, 4:52 PM EDT. Stifel Nicolaus cut Meta Platforms' (NASDAQ:META) target price to $780 from $805, maintaining a "buy" rating with a projected 27.47% upside. Other analysts offered mixed views: Wells Fargo raised its target slightly to $770, Citizens Jmp held at $900, Jefferies boosted to $1,000, while TD Cowen and UBS lowered their targets. Meta's shares closed at $611.89 with a market cap of $1.55 trillion. The company reported strong quarterly earnings with $10.44 per share, beating estimates by $3.77, and revenue of $56.31 billion, a 33% increase year-over-year. Analysts expect 29.83 EPS this year. Despite price cuts, the consensus remains moderate buy with a target near $840.

Latest article

Oracle Stock Jumps After Pentagon AI Win, OpenAI Reassurance

Oracle Stock Jumps After Pentagon AI Win, OpenAI Reassurance

1 May 2026
Oracle shares jumped 6.4% to $171.74 after the U.S. War Department cleared the company to deploy AI on classified military networks. The move eased investor concerns over Oracle’s exposure to OpenAI and its costly AI data-center expansion. Trading volume topped 22 million shares in late New York trading.
Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

Zoom Communications Stock Jumps as May 21 Earnings Test Puts AI Plan on Clock

1 May 2026
Zoom shares rose 6.6% to $103.60 Friday, trading over 4.7 million shares. The company will report first-quarter fiscal 2027 results on May 21 and hold its virtual annual meeting on June 11, where shareholders will vote on directors, auditor, and executive pay. Fourth-quarter revenue reached $1.247 billion, up 5.3% year-over-year.
GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

GameStop’s $9 Billion Cash Pile Just Put Its Stock Back In Play

1 May 2026
GameStop shares rose to $26.61 Friday in New York, extending gains above the 200-day moving average as investors speculated on CEO Ryan Cohen’s plans for $9 billion in cash and securities. Fiscal fourth-quarter results showed net sales down to $1.104 billion, but operating income climbed to $135.2 million. Collectibles revenue jumped 47.7% year over year, now making up 29.2% of sales.
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