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Technology 8 May 2026 - 9 May 2026

Stock Market Today: S&P 500, Nasdaq Hit Records as Jobs Report and AI Chip Rally Power Sixth Weekly Win

Stock Market Today: S&P 500, Nasdaq Hit Records as Jobs Report and AI Chip Rally Power Sixth Weekly Win

Friday saw the S&P 500 and Nasdaq notch fresh records, lifted by a robust U.S. jobs print and continued momentum in AI chip names. The S&P 500 ended the session up 0.84% at 7,398.93. The Nasdaq surged 1.71% to 26,247.08. Not much movement for the Dow Jones Industrial Average, which finished at 49,609.16, according to Reuters.
JFrog Stock Jumps 24% as AI Coding Demand Turns Into Real Cloud Revenue

JFrog Stock Jumps 24% as AI Coding Demand Turns Into Real Cloud Revenue

JFrog Ltd. shares surged 23.7% Friday, marking the biggest jump for FROG stock in months, after the software-supply-chain company topped first-quarter forecasts and lifted its 2026 outlook. The stock wrapped up the day at $70.55, gaining $13.53. MT Newswires entries via MarketScreener pointed to JFrog’s $154.0 million in revenue and adjusted EPS of 27 cents—both ahead of FactSet’s projections.
Apple-Intel Chip Deal Report Sends Intel Stock To Record High As TSMC Pressure Builds

Apple-Intel Chip Deal Report Sends Intel Stock To Record High As TSMC Pressure Builds

Intel stock jumped Friday, following a Wall Street Journal report that Apple and Intel have struck a preliminary deal for Intel to produce certain chips for Apple devices—a possible win for Intel as it tries to revive its contract manufacturing division. Reuters reported the two firms had discussed terms for over a year, with a formal agreement wrapped up just in the past few months.
Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare AI Layoffs Hit 1,100 Jobs After Q1 Earnings Beat; Stock Slides

Cloudflare is laying off over 1,100 employees—about a fifth of its staff—while overhauling its business to focus on artificial intelligence. The company beat expectations for first-quarter earnings, yet its stock tumbled nearly 19% in after-hours trading. The reason? Cloudflare’s revenue guidance for the second quarter missed the mark, coming in just shy of analysts’ estimates.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.