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Stock Market 2 May 2026

American International Group Stock Jumps: Why AIG’s Profit Surge and Private-Credit Pullback Matter Now

American International Group Stock Jumps: Why AIG’s Profit Surge and Private-Credit Pullback Matter Now

AIG shares rose 5.3% to $78.77 after reporting quarterly adjusted after-tax income of $1.15 billion, up from $702 million a year earlier. The insurer slowed private-credit deployment, with direct lending exposure at $1.2 billion. General Insurance underwriting income more than tripled to $774 million, and the board raised the dividend 11% to 50 cents a share. Eric Andersen will become CEO on June 1.
2 May 2026
Frontier Group Holdings, Inc. Seizes Spirit Airlines Fallout With Rescue Fares Ahead of Earnings

Frontier Group Holdings, Inc. Seizes Spirit Airlines Fallout With Rescue Fares Ahead of Earnings

Frontier Airlines is offering up to 50% off base fares and a $199 summer pass after Spirit Airlines canceled all flights and began winding down operations. Frontier shares jumped 10% Friday as the carrier announced plans to add routes in former Spirit markets. Spirit told customers not to go to airports and promised automatic refunds. United and Southwest also rolled out limited fare caps for stranded Spirit travelers.
2 May 2026
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Bill Ackman’s Pershing Square IPO Is Back Above Water After Rocky NYSE Debut

Bill Ackman’s Pershing Square IPO Is Back Above Water After Rocky NYSE Debut

Pershing Square Inc. shares rose to $37.99 Friday, lifting the combined IPO package for Pershing Square USA buyers above the $50 offer price after a volatile debut. The $5 billion closed-end fund and its companion stock began trading April 29 on the NYSE. Ackman attributed the rocky start to retail investor selling, later clarifying his remarks. He reported buying both securities in the open market.
2 May 2026
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Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

Zscaler shares rose 6.99% to $139.81 on May 1, with trading volume near 2.9 million, as technology stocks rallied and the Nasdaq Composite closed above 25,000 for the first time. The gain followed stronger earnings and forecasts from software peers like Atlassian. Zscaler’s market value stood at $22.5 billion, well below its 52-week high of $336.99. Analysts remain mixed, with some cutting price targets despite maintaining Buy ratings.
2 May 2026
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Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed shares surged nearly 25% Friday, closing at $36.76 after Capital Ventures International and Susquehanna disclosed a 5% stake. The company, which exited Chapter 11 last year, will report fiscal Q3 earnings May 5. Wolfspeed recently raised $475.9 million to reduce debt but continues to post losses amid weak EV demand and rising competition from larger chipmakers.
2 May 2026
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Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker missed first-quarter profit and revenue estimates after a March cyberattack disrupted operations, reporting net sales of $6.0 billion and adjusted earnings per share of $2.60. Shares fell 6.47% to $294.73 on May 1. The company said the incident had a material impact on the quarter but kept its 2026 outlook unchanged. Some delayed sales and procedures may shift into later quarters.
2 May 2026
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Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce will split AI-era revenue into two main categories, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82 after the announcement. Recast fiscal 2026 data shows Agentforce Apps brought in $26.7 billion, while Data 360, Platform & Other generated $12.7 billion. The company will provide recast data for fiscal 2025 and 2026 to allow year-over-year comparisons.
2 May 2026
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JetBlue Airways Makes Its Move After Spirit Airlines Shutdown: $99 Fares, 11 Routes And A Fuel Test

JetBlue Airways Makes Its Move After Spirit Airlines Shutdown: $99 Fares, 11 Routes And A Fuel Test

JetBlue announced 11 new Fort Lauderdale routes and $99 rescue fares for stranded Spirit Airlines customers after Spirit canceled all flights and began winding down operations. JetBlue will cap some Blue Basic fares at $299 on overlapping routes. Spirit cited a spike in fuel prices for its collapse. JetBlue shares rose 4% Friday; Spirit’s fell 25%.
2 May 2026
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Warren Buffett Steps Back as Berkshire Hathaway’s $397 Billion Cash Pile Puts Greg Abel on the Spot

Warren Buffett Steps Back as Berkshire Hathaway’s $397 Billion Cash Pile Puts Greg Abel on the Spot

Greg Abel led Berkshire Hathaway’s annual meeting for the first time as CEO, with Warren Buffett moving to the audience. The company reported first-quarter operating earnings of $11.35 billion, up from $9.64 billion, and a record cash pile nearing $400 billion. Berkshire was a net seller of stocks and closed its $9.5 billion OxyChem purchase. Attendance at the Omaha meeting was notably lower than in past years.
2 May 2026
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SoundHound AI Stock Surges 20%: Why SOUN Traders Are Watching May 7

SoundHound AI Stock Surges 20%: Why SOUN Traders Are Watching May 7

SoundHound AI shares surged 20.1% to $9.56 Friday, valuing the company at $3.94 billion ahead of its May 7 earnings report. No new company news drove the move, but short-squeeze speculation intensified as 38% of the public float was sold short as of April 15. SoundHound recently expanded a partnership with Casey’s and announced a pending acquisition of LivePerson’s assets. The LivePerson deal still requires shareholder and regulatory approvals.
2 May 2026
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Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

Is Cash No Longer King? Why Your Bank Savings Could Be May’s Costliest Investment Mistake

The Federal Reserve kept its benchmark rate at 3.50%–3.75% this week as March inflation rose 3.5% year-on-year. FDIC data showed average savings account yields at 0.38%, far below inflation, while some online banks offered over 4% APY. Money-market fund assets reached $7.63 trillion. Series I savings bonds will pay 4.26% for new issues through October.
2 May 2026
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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

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.
2 May 2026
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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

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.
2 May 2026
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Market Calm Before the Storm? 3 Sectors to Watch at Monday’s Open After U.S. Inflation Shock

Market Calm Before the Storm? 3 Sectors to Watch at Monday’s Open After U.S. Inflation Shock

U.S. stocks open Monday at record highs, but March inflation jumped and factory input costs hit a four-year peak in April. Oil prices surged after Barclays raised its 2026 Brent crude forecast to $100, citing tensions in the Strait of Hormuz. Spirit Airlines ceased operations Saturday as jet fuel prices doubled. The Fed signaled rate moves could go either way amid persistent inflation pressures.
2 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 02.05.2026

LIVEMarkets rolling coverageStarted: May 2, 2026, 12:00 AM EDTUpdated: May 2, 2026, 11:59 PM EDT MGM Resorts Eyes Hosting NBA Expansion Team in Las Vegas at T-Mobile Arena May 2, 2026, 11:59 PM EDT. MGM Resorts CEO Bill Hornbuckle confirmed ongoing talks to host a potential NBA expansion team at T-Mobile Arena in Las Vegas. The company is collaborating with partners AEG and Bill Foley, owner of the Vegas Golden Knights, to position the arena for bidders. T-Mobile Arena, opened in 2016 and home to the NHL's Golden Knights, could serve as a short-term or long-term venue. The NBA plans
2 May 2026
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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

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.
2 May 2026
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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

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.
2 May 2026
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Stock Market Today

  • SailPoint Stock Shows Volatility Amid Cybersecurity Interest, Overvalued by 11.5% on DCF
    June 13, 2026, 4:43 AM EDT. SailPoint Technologies Holdings (SAIL) stock has experienced significant volatility, dropping 19.8% in the past week but rising 23.8% over the last month. Despite increased interest in cybersecurity and identity management sectors, the company's shares are down 22.8% year to date and 35.3% over the last 12 months. A discounted cash flow (DCF) analysis values SailPoint at $13.11 per share, suggesting the current price around $14.62 is approximately 11.5% overvalued. The stock scores 1 out of 6 on valuation checks, indicating potential risk. As investors assess changing market expectations, the company's valuation metrics and sector dynamics continue influencing short-term price swings and broader investor sentiment.

Latest articles

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

US Stock Market Today: Live Updates 13.06.2026

13 June 2026
LIVEMarkets rolling coverageStarted: June 13, 2026, 4:00 AM EDTUpdated: June 13, 2026, 4:52 AM EDT SailPoint Stock Shows Volatility Amid Cybersecurity Interest, Overvalued by 11.5% on DCF June 13, 2026, 4:43 AM EDT. SailPoint Technologies Holdings (SAIL) stock has experienced significant volatility, dropping 19.8% in the past week but rising 23.8% over the last month. Despite increased interest in cybersecurity and identity management sectors, the company’s shares are down 22.8% year to date and 35.3% over the last 12 months. A discounted cash flow (DCF) analysis values SailPoint at $13.11 per share, suggesting the current price around $14.62 is approximately
SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

13 June 2026
SGH closed at A$41.51, up 0.70% but underperformed the S&P/ASX 200’s 1.98% surge, as investors weighed solid cash flow and Boral margin gains against a high 36.03 P/E, mixed demand, and M&A risk; the next key catalyst is FY26 results on August 11, with analysts’ average target at A$47.64, 14.76% above Friday’s close.
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