Earnings Reports — June 11, 2026 — Notable Beats & Misses
Earnings season delivers a strong beat rate — 59% of US companies posted double beats. But guidance is the real story: Oracle fell on a $40B capital raise, Oxford Industries slid 10% on weak Q2 outlook, and McGraw Hill tumbled 12% despite beating. Stitch Fix bucked the trend, soaring 9%.
Stock Market News — June 05, 2026 — Friday Evening
Wall Street's nine-week winning streak ended Friday with the Nasdaq plummeting 4%—its worst day in over a year—as a hotter-than-expected jobs report sparked rate hike fears and triggered a $1 trillion-plus semiconductor selloff. Meta tumbled 7% on equity raise reports while SpaceX's IPO surged 2x ov
Stock Market News — June 03, 2026 — Evening Update (last 12 hours, Pacific Time)
Wall Street's nine-day winning streak ended Wednesday as Broadcom plummeted 11% after missing AI chip forecasts, dragging the broader tech sector lower alongside rising U.S.-Iran tensions. Despite a red-hot IPO market—SpaceX, Quantinuum, and Innio raising billions—bearish sentiment dominated with th
Stock Market News — June 02, 2026 — Evening Update (last 12 hours, Pacific Time)
S&P 500 hits record highs above 7,600 as AI optimism dominates. SpaceX targets a historic $1.75 trillion IPO valuation at $135/share to raise $75 billion, while ChatGPT crosses 1 billion monthly users and Microsoft unveils AI-designed quantum chips.
Stock Market News — Morning Update (last 12 hours, Pacific Time) - May 27, 2026
Tech and semiconductor stocks surge on AI momentum while Iran peace deal hopes crush oil prices, lifting cruise and airline shares. Goldman Sachs' bullish S&P 500 target of 8,000 and strong earnings beats from Abercrombie and Bath & Body Works drive moderately bullish sentiment, though cybersecurity
Stock Market News — May 26, 2026 — Evening Update (last 12 hours), Pacific Time
S&P 500 and Nasdaq hit record highs as Micron joins the $1 trillion club, while Goldman Sachs raises its year-end target to 8,000. AI semiconductor momentum spreads globally with SK Hynix crossing $1 trillion and Japan's Nikkei hitting fresh records, though U.S.-Iran tensions and chip export control
Stock Market News — May 22, 2026 — last 12 hours - Evening Update - Pacific Time
Dow posts first record close since February on US-Iran nuclear deal optimism and strong tech earnings. AI infrastructure stocks surge as AMD and Nvidia suppliers rally on production ramp signals, while Estée Lauder jumps 12% after ditching Puig merger to focus on turnaround.
Stock Market News — May 21, 2026 — Evening Update
Nvidia's blowout Q1 earnings ignited a global AI rally, with Asia's KOSPI surging 8% on the results plus a Samsung union deal. SpaceX filed for a landmark Nasdaq IPO while OpenAI prepares its confidential prospectus, reshaping the AI investment landscape.
Stock Market News — Morning Update (last 12 hours) - Pacific Time - May 20, 2026
Chip stocks rallied ahead of Nvidia's earnings while OpenAI prepares to file for a landmark IPO, reshaping the AI investment landscape. However, major corporations including Intuit, HSBC, and Standard Chartered announced AI-driven job cuts, highlighting workforce disruption beneath the market's bull
Stock Market News — Evening Update (last 12 hours, Pacific Time) - May 18, 2026
Markets closed mixed Monday as Iran conflict fears, surging Treasury yields hitting 14-month highs, and a tech selloff pressured sentiment. NextEra Energy's $66.8 billion bid for Dominion Energy dominated headlines, creating the largest U.S. power company amid AI-driven electricity demand, while Goo
