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Stock Market 2 May 2026

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

U.S. antitrust regulators have signed off on Intel Corporation’s investment in SambaNova Systems, eliminating a key regulatory obstacle from an AI-chip deal that’s drawn attention because Intel CEO Lip-Bu Tan also serves as chair at the startup. According to a Federal Trade Commission notice, the agency granted early termination for transaction 20261227, naming Intel as the acquirer and SambaNova as the target.
2 May 2026
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US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

The S&P 500 and Nasdaq both finished Friday at all-time highs, wrapping up yet another positive week for U.S. equities. Investors shrugged off concerns about inflation, oil, and a more hawkish Fed, with upbeat corporate earnings doing most of the heavy lifting. The Dow dropped on the session, but still managed a gain over the week.
2 May 2026
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Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday Inc. has set May 21 for its fiscal 2027 first-quarter earnings release, planning to drop numbers after the bell. Investors are watching to see how the software company’s subscription business—and new AI efforts—are holding up. The Pleasanton, California outfit scheduled a call for 1:30 p.m. Pacific to go through results and provide its outlook.
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 Corporation stock tumbled after the medical-device giant posted first-quarter earnings and revenue that came in below expectations. Stryker blamed a cyberattack late in March, which threw a wrench into manufacturing, orders, and shipments. Still, the company stuck to its 2026 forecast, framing the hit as a matter of timing—it’s now a question of how much of the lost sales can be recovered.
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 Airways Corporation jumped in Saturday, rolling out $99 one-way “rescue fares” for Spirit Airlines passengers left in the lurch, while also moving to expand its South Florida footprint. The airline announced 11 new Fort Lauderdale routes after Spirit began shutting down its operations. JetBlue is also putting a $299 cap on select Blue Basic fares—its lowest-priced tickets—specifically on overlapping Fort Lauderdale and San Juan routes, as customers migrate from the collapsing budget carrier.
2 May 2026
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eBay Stock Jumps After GameStop Takeover Report Raises a $46 Billion Question

eBay Stock Jumps After GameStop Takeover Report Raises a $46 Billion Question

eBay Inc. shares surged late Friday, fueled by a Wall Street Journal report that GameStop Corp. is gearing up to make a bid for the online marketplace—a bold move from Ryan Cohen’s company, which is dwarfed in size by eBay. With U.S. markets already closed for the weekend, after-hours trading showed eBay spiking over 13%. GameStop picked up gains as well, according to Fortune, which cited both Bloomberg and the Journal.
2 May 2026
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