Dow Jones Hits New Record as U.S.-Iran Talks and AI Rally Boost Markets
Markets Daniel Marsh

Dow Jones Hits New Record as U.S.-Iran Talks and AI Rally Boost Markets

The Dow Jones Industrial Average hit a record intraday high of 50,712.24 on Friday, closing up 0.66% at 50,616.45, driven by U.S.-Iran peace talks, strong earnings, and AI stock gains.

DIA SPY QQQ CSCO AMZN NVDA
Arm Surpasses $300 as Wall Street Embraces AI CPU Shift
Technology Sarah Chen

Arm Surpasses $300 as Wall Street Embraces AI CPU Shift

Arm Holdings shares crossed $300 on Friday, driven by Wall Street's pivot to AI CPUs. Nvidia's record revenue and Bernstein's bullish call fueled the rally.

ARM NVDA AMD INTC MU GOOGL MSFT META
Arm Hits $300 Milestone as AI CPU Demand Surges
Technology Sarah Chen

Arm Hits $300 Milestone as AI CPU Demand Surges

Arm Holdings shares crossed $300 for the first time, extending a 38% rally driven by strong earnings and bullish analyst coverage on AI CPU demand.

ARM NVDA AMD INTC META MSFT GOOGL
Dell Stock Surges on AI Demand, But Analysts Warn of Risks Ahead
Technology Sarah Chen

Dell Stock Surges on AI Demand, But Analysts Warn of Risks Ahead

Dell shares surged over 10% to a 52-week high after Wells Fargo and Morgan Stanley raised price targets, but analysts warn of memory inflation and supply chain risks.

DELL NVDA HPE SMCI
Mister Car Wash Delisted After $3.1B Buyout by Leonard Green
Markets Daniel Marsh

Mister Car Wash Delisted After $3.1B Buyout by Leonard Green

Mister Car Wash shares are no longer trading after Leonard Green completed a $3.1 billion buyout, paying $7.00 per share to eligible holders.

MCW
Nokia Shares Surge on AI Infrastructure Push
Technology Sarah Chen

Nokia Shares Surge on AI Infrastructure Push

Nokia shares rose 8.2% to €13.09 in Helsinki, outperforming the market, following the launch of an AI networking lab and strong Q1 AI sales growth.

XLK
Archer Aviation Gains on FAA Certification Progress and 2026 Operations Target
Technology Sarah Chen

Archer Aviation Gains on FAA Certification Progress and 2026 Operations Target

Archer Aviation shares rose 5.8% Thursday on heavy volume as FAA certification for its Midnight eVTOL aircraft progresses. The company expects initial U.S. operations in 2026 under a federal pilot program.

ACHR
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
Regulation James Calloway

UP Fintech Plunges After China Crackdown on Cross-Border Brokerage

UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.

FXI
Akari Therapeutics Surges on Promising KRAS Cancer Data and $5.5M Financing
Markets Daniel Marsh

Akari Therapeutics Surges on Promising KRAS Cancer Data and $5.5M Financing

Akari Therapeutics shares surged over 100% in premarket trading after its lead drug candidate AKTX-101 showed positive preclinical results in KRAS-mutated pancreatic cancer models and the company announced a $5.5 million private placement.

AKTS
BMO Earns Analyst Buy Rating Ahead of Q2 Results, But Mixed Consensus and Asset Sale Risks Loom
Earnings James Calloway

BMO Earns Analyst Buy Rating Ahead of Q2 Results, But Mixed Consensus and Asset Sale Risks Loom

Canaccord Genuity maintains Buy on BMO ahead of May 27 earnings. Shares are up 23.5% YTD near a 52-week high, but analyst consensus is split. A C$14.5B asset sale to Stonepeak aims to boost CET1 ratio but incurs a C$900M charge.

BMO
Atmos Energy Faces New Price Target Reduction Despite Texas Growth
Markets Daniel Marsh

Atmos Energy Faces New Price Target Reduction Despite Texas Growth

Morgan Stanley lowered its price target on Atmos Energy to $183 from $195, maintaining an Equalweight rating. Texas remains central to the company's growth strategy.

ATO
Strive's Bitcoin Treasury Expansion Propels Shares Higher
Crypto Sarah Chen

Strive's Bitcoin Treasury Expansion Propels Shares Higher

Strive Inc. shares climbed in premarket trading after the company revealed it acquired 381.61 bitcoin last week, bringing its total holdings to 15,391 coins.

ASST