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Stock Market 26 May 2026

Palantir Technologies Stock Just Got an AI Forecast Boost. Why Investors Still Paused

Palantir’s AI run faces sticking point on Wall Street

Palantir shares rose 0.8% to $137.98 Tuesday, but remain down 23% in 2026 despite first-quarter revenue jumping 85% to $1.63 billion. Investors remain split, with some citing rapid AI-driven growth and others warning on valuation, as the company trades at a P/E near 155. Competitors including Anthropic are expanding, with new enterprise AI offerings drawing attention. PayPal was flagged as a lower-priced alternative.
26 May 2026
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Microsoft Stock Moves on Weekend; Bigger Wall Street Test Ahead

Microsoft $190 Billion AI Spend Losing Its Sting for Investors

Microsoft shares fell $2.96 to $415.61 late Tuesday morning, putting its market cap near $3.10 trillion. CFO Amy Hood said the company plans $190 billion in capital spending for 2026, with $25 billion for higher component costs. Azure and cloud revenue rose 40% last quarter, while demand continues to outpace supply. Investors remain focused on AI spending and the upcoming Microsoft Build event.
26 May 2026
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Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Rep. Sara Jacobs disclosed two Qualcomm stock sales totaling up to $2 million from a family trust, according to a House filing signed May 20. The transactions occurred May 6 and 7, just before Qualcomm shares jumped nearly 5% on news of an AI chip deal with ByteDance. The filing does not specify share counts, prices, or the reason for the sales. Jacobs’s grandfather co-founded Qualcomm.
26 May 2026
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Costco Stock Trades Close to Highs as Earnings Loom

Costco Stock Trades Close to Highs as Earnings Loom

Costco shares fell 2.7% to $1,000.48 Tuesday as investors questioned the stock’s high valuation ahead of fiscal Q3 earnings due May 28. The company’s price-to-earnings ratio stands near 52, with analysts expecting $4.98 a share on $69.61 billion in revenue. April net sales rose 13% to $23.92 billion. Membership renewal rates remain high at 92.1% in the U.S. and Canada.
26 May 2026
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ASML draws fresh attention from Wall Street in AI push

ASML draws fresh attention from Wall Street in AI push

Coatue Management disclosed a $655.4 million stake in ASML, while UBS raised its price target to €1,900. ASML reported Q1 net sales of €8.8 billion and expects 2026 sales between €36 billion and €40 billion. CEO Christophe Fouquet said chip demand, driven by AI, is outpacing supply. ASML’s U.S. shares closed nearly flat at $1,629.27, with a market cap near $641 billion.
26 May 2026
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Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Nasdaq Gains, Dow Trails in Monday Trading

Social Security will issue its final May payments on Wednesday, May 27, to beneficiaries with birthdays from the 21st to 31st. June payments begin with SSI on June 1, followed by most Social Security checks on June 10, 17, or 24, depending on birth date. The average retired worker received $2,081.16 in April. A 2.8% cost-of-living adjustment applies to 2026 checks.
26 May 2026
Walmart Analysts Hold $140 Target but Watch Gas Prices

Walmart Analysts Hold $140 Target but Watch Gas Prices

Walmart shares fell 1.1% to $118.91 Tuesday after reporting Q1 sales up 7.3% to $177.8 billion and global e-commerce up 26%. Walmart+ sign-ups hit a record, but Q2 adjusted EPS guidance came in at 72 to 74 cents. Evercore ISI and Morgan Stanley kept $140 price targets; BofA cut its target to $144. CFO John David Rainey warned of possible higher retail price inflation due to ongoing high costs.
26 May 2026
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Okta Shares See Sharp Analyst Shift Ahead of Results, Eyes on AI Security Demand

Okta Shares See Sharp Analyst Shift Ahead of Results, Eyes on AI Security Demand

Arete Research upgraded Okta to Buy from Sell and raised its price target to $127 ahead of Okta’s fiscal Q1 earnings, due May 28. Okta shares rose 0.7% to $92.89 in early Nasdaq trading. Analysts expect Q1 adjusted earnings of 85 cents per share and revenue near $752 million. Wall Street is watching if AI agents will drive new demand for identity-security software.
26 May 2026
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Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Quantinuum aims to raise up to $1.05 billion in a U.S. IPO, targeting a $12.7 billion valuation. The Commerce Department plans to grant the company $100 million as part of new federal quantum-computing incentives. Quantinuum reported a net loss of $192.6 million on $30.9 million in revenue for 2025. Honeywell will retain about 49% of voting rights after the IPO.
26 May 2026
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Arm’s 46% AI Jump Is at a Crossroads After Nvidia Surge

Arm’s 46% AI Jump Is at a Crossroads After Nvidia Surge

Arm Holdings shares fell 1.3% to $302.44 Tuesday after touching $323.89, following a sharp rally that saw the stock surge 46.5% last week. The company reported record quarterly revenue of $1.49 billion and said customer demand for its AGI CPU more than doubled in six weeks, naming Meta as lead partner. Nvidia posted record quarterly revenue of $81.6 billion and announced a new Arm-based CPU targeting AI workloads.
26 May 2026
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Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell faces AI earnings test after record run

Dell shares rose 3.4% to $305.21 Tuesday, extending Friday’s record close as investors await Thursday’s earnings report. Options pricing signals a possible 10% swing after results, with Wall Street focused on AI server demand and margins. Visible Alpha expects quarterly revenue of $36.18 billion and adjusted earnings of $2.97 per share. Dell’s stock has more than doubled this year on AI infrastructure demand.
26 May 2026
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Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Faces New Pressure as Big Funds Divide on AI Trade

New Age Alpha Advisors increased its Vertiv stake by 466% in Q4, while Intermede and Nixon Peabody Trust Co. cut holdings, recent 13F filings show. Vertiv raised its 2026 outlook after Q1 net sales rose 30% to $2.65 billion, driven by AI data center demand. Shares traded at $327.46 in early New York action, with a market cap near $128.4 billion. The stock remains priced at over 82 times earnings.
26 May 2026
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Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi slides 45%, with one key metric in focus

SoFi Technologies reported record Q1 results, with adjusted net revenue up 41% to $1.09 billion and net income at $167 million, but shares held flat premarket at $15.62. Management kept 2026 guidance unchanged despite the strong quarter. Loan platform volume dropped to $3 billion, raising concerns about private credit demand. Tech Platform revenue fell 27% as a major client exited.
26 May 2026
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ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Draws Large Institutional Interest, Latest Filings Suggest Change

Institutional investors including Glenview Trust, Coldstream Capital, and MMBG Investment Advisors sharply increased ServiceNow stakes in the fourth quarter, SEC filings show. ServiceNow shares last traded near $102, valuing the firm at about $106 billion. First-quarter revenue rose 22% to $3.77 billion. Analysts and investors are weighing the company’s AI prospects against sector caution.
26 May 2026
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Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

Meta raised its 2026 AI infrastructure spending forecast to $125–$145 billion, citing higher component and data center costs. Shares fell as much as 12% after the update, closing down 8.6% the next session. Wolfe Research projects over $26 billion in new 2027 revenue from AI, but analysts question when returns will materialize. CEO Mark Zuckerberg defended the investment, saying returns often lag large-scale product rollouts.
26 May 2026
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Stock Market Today

  • ERock Shares Drop 12% Below IPO Price in NYSE Debut Amid AI Data-Center Demand
    June 10, 2026, 5:09 PM EDT. ERock Inc., an onsite power systems provider focused on AI data centers, debuted on the NYSE at $18.84, down 12.37% from its $21.50 IPO price. The Houston-based firm raised approximately $600 million through its IPO but faces investor skepticism over its $1.28 billion backlog of contracted power-system sales, mainly linked to high demand from AI data centers. Despite a 778.6% year-on-year backlog growth, concerns around execution risk and timely project delivery persist. ERock's key project includes supplying 366 megawatts of power for Meta's $10 billion AI data center in El Paso, Texas. The company's modular natural gas power solutions aim to speed electricity delivery amid grid constraints.

Latest articles

ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

10 June 2026
ERock plunged 12.37% below its $21.50 IPO price on debut as investors questioned whether its $1.28 billion AI data-center power-system backlog—$1.1 billion tied to AI projects—will convert to revenue, despite surging demand and a major Meta contract; risks flagged include customer cancellations and execution challenges, with the company posting a $17.2 million quarterly loss.
Coeur Mining Drops Even as S&P MidCap 400 Move Meets Gold Slide

Coeur Mining Drops Even as S&P MidCap 400 Move Meets Gold Slide

10 June 2026
Coeur Mining shares fell 4.23% to $15.41 despite confirmation it will join the S&P MidCap 400 on June 22, as plunging gold and silver prices outweighed the usual index-inclusion boost; gold sales made up 56% of Q1 revenue and silver 42%, leaving future cash flow highly sensitive to metals prices.
Netflix Up Slightly as Wall Street Looks for Next Leg Higher

Netflix Up Slightly as Wall Street Looks for Next Leg Higher

10 June 2026
Netflix stock edged up 0.9% to $82.13 even after Jefferies cut its price target to $110, as investors weigh a new Asia-Pacific mobile product rollout against concerns over near-term catalysts, Q2 margin guidance, and rising competition from short-form video platforms.
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