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Stock Market 29 April 2026

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel Corporation stock surged roughly 10% late Wednesday morning, notching a new high after reports surfaced that Alphabet’s Google is considering Intel’s cutting-edge chip-packaging tech for an upcoming AI processor. Shares last traded at $93.23, with an intraday peak of $94.03, according to market data.
Sagtec Global Stock Jumps After Record 2025 Revenue, but Costs Tell a Harder Story

Sagtec Global Stock Jumps After Record 2025 Revenue, but Costs Tell a Harder Story

Shares of Sagtec Global Limited, listed in the U.S., surged Wednesday. The Malaysia-based software firm posted audited 2025 revenue numbers, a record: $19.1 million, up 49% for the year ending Dec. 31. Gross profit climbed too, rising 45% to $4.3 million. Volatility has dogged the small-cap tech stock, but these fresh figures gave investors something new to chew on.
US Stock Market Today: Dow Slides as Fed Decision and Big Tech Earnings Put AI Rally to the Test

US Stock Market Today: Dow Slides as Fed Decision and Big Tech Earnings Put AI Rally to the Test

Stocks in the U.S. slipped Wednesday, with the Dow Jones Industrial Average dropping the most as traders stepped back ahead of the Federal Reserve’s decision and a slate of major tech earnings that could shake up the market’s perspective on the AI-fueled run. According to the latest LSEG figures on Reuters, the Dow lost 0.59%, the S&P 500 was down 0.24%, and the Nasdaq Composite slipped 0.31%.
Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

Dow Jones Today: Why the Blue-Chip Index Is Sliding Before Powell, Big Tech and the Oil Shock

Stocks lost ground early Wednesday afternoon, with the Dow Jones Industrial Average dropping 320.11 points, or 0.65%, to 48,821.82 as traders pulled back ahead of a Federal Reserve decision, a fresh round of big tech earnings, and another surge in oil prices. The S&P 500 edged down 0.21%, while the Nasdaq Composite slipped 0.28%. Brent crude shot up 7.14% to $119.20, according to LSEG numbers reported by Reuters.
General Dynamics Corporation Stock Jumps After Submarine Orders, Gulfstream Jets Lift 2026 Outlook

General Dynamics Corporation Stock Jumps After Submarine Orders, Gulfstream Jets Lift 2026 Outlook

Shares of General Dynamics Corporation surged 10.9% to $347.72 in New York afternoon action after the company reported stronger-than-expected quarterly profit and revenue, prompting it to lift its 2026 earnings guidance. The defense contractor now projects full-year EPS between $16.45 and $16.55, up from the previous outlook of $16.10 to $16.20.
Teva Stock Jumps As Branded Drugs Start Carrying The Old Generics Giant

Teva Stock Jumps As Branded Drugs Start Carrying The Old Generics Giant

Teva Pharmaceutical Industries shares rallied in New York on Wednesday, with the Israeli drugmaker topping first-quarter profit forecasts. Results benefited from a quicker pivot to branded drugs and reduced exposure to lower-margin generics. For investors, it’s a more direct look at Chief Executive Richard Francis’s turnaround efforts—showing more than another quarter of trimming expenses.
Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

Cognizant Technology Solutions Corp slipped on Wednesday after the IT services provider projected second-quarter revenue that missed analyst expectations, highlighting how hesitant client budgets remain a drag—even with businesses channeling funds toward artificial intelligence. Shares were last seen at $53.45 in New York, down $1.67.
ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Corp., which operates under the onsemi brand, has deepened its push into China’s fast-growing EV sector. The company clinched a new deal with Geely Auto Group this week, expanding their partnership to deliver silicon carbide chips for Geely’s electric and hybrid models. Under the latest agreement, onsemi’s EliteSiC power technology will be rolled out across vehicles using Geely’s SEA-S platform, according to the company.
Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

Alphabet will post first-quarter numbers after the U.S. market closes on Wednesday. Investors want to see whether the hefty tech investment—driven by Google’s Gemini AI ambitions and a surging cloud business—holds up. The earnings call is set for 4:30 p.m. Eastern, following the release on the investor website.
Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset

Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset

Generac Holdings Inc. bumped up its 2026 sales target on Wednesday, following a better-than-expected first quarter. Data center demand played a key role, sending the backup-power equipment maker’s profit above analyst forecasts. Now the company is looking for full-year net sales growth in the mid-to-high teens percentage range—an increase from its prior mid-teens outlook.
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