May 27, 2026 2:28 pm
Key Moments Boston Scientific (NYSE:BSX) fell 10.3% in morning trading after management reduced full-year and Q2 organic growth guidance at a major investor conference. New full-year organic growth guidance was set at 6.5%-8%, with Q2 organic growth targeted at 5%-7%, reflecting softness in EP, WATCHMAN, and Urology. The stock touched an intraday low of $50.75, […]
Read moreMay 27, 2026 12:19 pm
Key Moments Nvidia CEO Jensen Huang said the company intends to spend about $150 billion per year in Taiwan, up from $10-$15 billion annually four to five years ago. The planned Taiwan headquarters is scheduled to break ground this year and is targeted to be operational in 2030, with around 4,000 employees. Huang described Taiwan […]
Read moreMay 27, 2026 9:02 am
Key Moments The S&P 500 rose 0.61%, setting a new record and taking its year-to-date gain to 9.84%. The Philadelphia semiconductor index jumped 5.53%, led by Micron, which advanced 19.3% and is up 859% over the past year. Gains were concentrated in chipmakers and select cyclical sectors, while just over half of S&P 500 constituents […]
Read moreMay 27, 2026 8:34 am
Key Moments Semafor reported that U.S. antitrust officials appear prepared to clear Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery following a two-hour Justice Department meeting. Paramount CEO David Ellison reiterated at the meeting a commitment to theatrical film releases, which DOJ staff attorneys reportedly viewed favorably. Paramount has offered Warner Bros. shareholders a […]
Read moreMay 27, 2026 8:27 am
Key Moments Goldman Sachs increased its 2026 year-end S&P 500 target to 8,000 from 7,600, reflecting confidence in earnings strength. The new target stands 6.4% above the index’s most recent close of 7,519.12. Revised earnings-per-share projections now point to $340 in 2026 and $385 in 2027, implying 24% and 13% year-on-year growth, respectively. Updated Index […]
Read moreMay 27, 2026 8:11 am
Key Moments New EU car registrations increased 5.1% year-on-year in April to 972,314 vehicles, with battery-electric models up 37.7%. Tesla (NASDAQ:TSLA) boosted its EU registrations by 67.2% in April to 9,169 vehicles, lifting its regional market share to 0.9%. For the first four months of 2026, battery-electric vehicles accounted for 19.7% of EU car registrations, […]
Read moreMay 26, 2026 2:31 pm
Key Moments Alphabet (NASDAQ: GOOGL) introduced Gemini 3.5 Flash, Omni, Gemini Spark, and Antigravity 2.0 at its Google I/O 2026 developer conference on May 19. GOOGL is trading near $387, up nearly 25% year-to-date, with a consensus analyst rating of Moderate Buy and a $412.65 average price target. Analysts are watching for signs that Alphabet’s […]
Read moreMay 26, 2026 1:19 pm
Key Moments Weaker-than-expected Q2 and FY2027 guidance coincided with a technical top in WMT, with a potential pullback of $10 or more flagged by recent price action. Analyst coverage remains constructive, with 34 analysts assigning a consensus Buy rating, a 94% Buy-side tilt, and a $139 price target. At 44 times current-year earnings and 24 […]
Read moreMay 26, 2026 12:51 pm
Key Moments AppLovin shares rose 5.0% in pre-market trading and reached $505.98 ahead of the AXON platform launch. The company plans to open its Axon advertising platform to all global advertisers in June 2026. This will end 14 years as a closed system. Edgewater Research sees lower near-term risk from Meta’s no-IDFA bidding plans. As […]
Read moreMay 26, 2026 12:38 pm
Key Moments BP PLC ADR (NYSE:BP) declined 5.2% in premarket trading after the board removed Chair and Director Albert Manifold with immediate effect. The board unanimously appointed Ian Tyler as Interim Chair while it begins a succession process for a permanent replacement. BP did not disclose specific details about the governance issues that triggered Manifold’s […]
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