Stock Market News — May 03, 2026 (Sunday Evening Update - Pacific Time)
Monday morning in Asia is opening on a cautiously optimistic note, with equities edging higher across the region — South Korea hitting a record high and Hong Kong advancing on tech gains — even as oil prices remain flat amid unresolved Middle East tensions and new Gulf proposals.
Stock Market News — May 02, 2026
The dominant story of the day is the sudden and complete collapse of Spirit Airlines, which ceased all operations immediately on May 2nd. The bankrupt discount carrier's shutdown — described as the airline industry's first casualty of the Iran war — stranded passengers across the country and trigger
Stock Market News — May 1, 2026 — Friday Evening Week Wrap-Up (Last 12 Hours PT)
Nasdaq crosses 25,000 for first time ever. Spirit Airlines to cease operations overnight. GameStop preparing offer for eBay. Cerebras eyes $4B IPO at $40B valuation. FDA approves Pfizer/Arvinas breast cancer drug. Coinbase deal on crypto bill. Disney explores super app.
Stock Market News — May 1, 2026 — Morning Update (Last 12 Hours PT)
S&P 500 eyes sharpest earnings growth in 4 years; Tech's best month since 2002. Apple +3.6%, memory constraints worsen. Pentagon signs AI deals with Nvidia, MSFT, AWS. Spirit Airlines to shut down. Roblox -24%. Reddit +12%. Trump threatens 25% EU auto tariffs.
Stock Market News — April 30, 2026 — Evening Update (Last 12 Hours PT)
S&P closes above 7,200 for first time; best month since 2020. Apple beats on Mac, approves $100B buyback but iPhone supply constrained. Sandisk booms on AI storage. Meta raises $25B bonds. Roblox -20%. Twilio, Reddit, Roku jump on AI growth. Huawei AI chips +60%.
Stock Market News — April 29, 2026 — Morning Update (Last 12 Hours PT)
Stocks dip as Fed decision and Big Tech earnings loom. NXP surges 17%. Starbucks +5% on turnaround. Visa beats, raises forecast. Kone confirms $34B TK Elevator deal. Yen breaks 160. Goldman lifts inflation forecast. Robinhood -11%. KalVista +39% on $1.9B buyout. Pershing Square IPO stumbles.
Stock Market News — April 28, 2026 — Evening Update (Last 12 Hours PT)
OpenAI growth fears trigger AI selloff; S&P, Nasdaq slide. Starbucks raises outlook, +5% AH. Visa beats on strong spending. Seagate surges on AI storage demand. Ackman raises $5B IPO. Kone nears $34B TK Elevator deal. US tightens China chip curbs. Fed decision looms Wednesday.
Stock Market News — April 28, 2026 — Last 12 Hours PT (morning update)
Nasdaq slides >1% as OpenAI growth concerns trigger AI selloff. Hormuz transits at 3% of normal. Coca-Cola surges on raised guidance. Dimon warns of worse credit downturn. Citi lifts AI market view to $4T. Earnings flood continues.
