Days before its fiscal second-quarter earnings report on May 14, Applied Materials (AMAT) unveiled a new co-innovation partnership with TSMC, the world’s most important chipmaker, to be conducted inside Applied’s new $5 billion EPIC Center in Silicon Valley. It is the largest U.S. investment ever made in advanced semiconductor equipment research and development, and TSMC
There’s a version of Walmart most people still picture. Fluorescent lights, crowded aisles, maybe a cart with a wobbly wheel. That version still exists. But the company Wall Street is paying 43 times forward earnings for? That’s a different beast entirely. As of 2026, Walmart is a 63-year-old company, and the second-largest by revenue globally
Bank of America just got even more bullish on CoreWeave (CRWV), spearheaded by the market’s insatiable demand for AI infrastructure. On May 6, according to TheFly, BofA raised its price target on the AI cloud giant’s stock to $140 from $120, while maintaining a “Buy” rating, driven by relentless demand for AI inference. The call
BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed to remain on hold for the rest of this year, with two quarter-point cuts in
Some companies spend decades on the Nasdaq without ever cracking the inner circle. Then one Friday afternoon, an announcement changes everything. That very scenario just happened to Lumentum Holdings (LITE). Nasdaq announced it would replace CoStar Group (CSGP) with Lumentum in the Nasdaq-100 Index before the opening bell on May 18, 2026. By Monday’s close,
Affirm has been one of the more closely watched names in financial technology as investors weigh whether the buy now, pay later company can turn rapid growth into a more durable profit story. Bank of America came away from the company’s latest quarter with more confidence, raising its price target as the firm pointed to
There’s a certain kind of analyst who doesn’t talk much when he’s wrong and doesn’t celebrate long when he’s right. Stephen “Sarge” Guilfoyle is that kind of analyst. Sarge is a former NYSE floor trader with more than 30 years of experience and the founder and president of Sarge986 LLC. On Friday, May 8, 2026,
Nebius has had one of the more remarkable runs of any stock in the AI infrastructure space. Up more than 110% year to date and roughly 600% over the past year, the company is heading into its Q1 2026 earnings report on May 13 with enormous expectations built in. Bank of America just made those
Saudi Aramco just posted its strongest quarterly profit in over a year. Its CEO used the occasion to deliver one of the most direct assessments yet of how long the global oil market may stay disrupted. The earnings were good news. The message that came with them was considerably more sobering. What Amin Nasser said
Michael Burry went for a long drive on May 8 with the radio on. By the time he got home, he had heard enough to write something that stopped markets in their tracks. The comparison he made to a specific moment in financial history is short, direct, and uncomfortable. And given who is making it,