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What We're Watching Today

Econ Calendar Fri 5/29/26International Trade in Goods (Advance) Retail Inventories (Advance) Wholesale Inventories (Advance) 8:30 AM ETChicago PMI 9:45 AM ETBaker Hughes Rig Count 1:00 PM ETFarm Prices 3:00 PM ET
Econ Calendar Fri 5/29/26Fed SpeakersJeffrey Schmid Speaks 6:30 AM ETMichelle Bowman Speaks 9:10 AM ETAnna Paulson Speaks 9:15 AM ETMary Daly Speaks 12:40 PM ET
Wall St futures steady as investors await Mideast deal updates; Dell soars
Morning Bid: Another day, another Iran deal moment - Reuters
U.S. and Iran Have ‘Makings of a Deal,’ Bessent Says - WSJ
US imposes fresh sanctions on Iran's military oil sales, Treasury says
Trump’s Oman outburst throws ‘Switzerland of the Middle East’ into the spotlight - CNBC
Hezbollah’s Drones Have Become a Top Threat to Israel - WSJ
Fed's Schmid warns against viewing oil shock as transitory - Reuters
Fed’s Kashkari Says It’s Too Early to Call Time for Rate Hikes - BBG
Backlash over fund tests Blanche's bid for US attorney general - Reuters
Grocery Shoppers Are In For a Summer of Pain - BBG
Russian Drone Crashes Into Apartment Building in NATO Member Romania - WSJ
Exclusive: Imported voters, fake websites: Russia's covert efforts to stop Armenia's pivot West - Reuters
Prices Jump in France, Italy and Spain to Bolster ECB Hike Case - BBG
Bank of England's Bailey signals no need to move quickly to curb inflation jump - Reuters
Greenland’s independence champion despised Denmark. Trump changed his mind - Reuters
China Warns of Retaliation Ahead of EU Meeting on Trade Curbs - BBG
China is building launch pads near its nuclear missile silos - Reuters
Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand - Reuters
Taiwan central bank to take 'timely' steps to ensure financial stability - Reuters
RBI to hold rates in June; majority now expect hike by year-end - Reuters
Japan spent $73 billion in yen-buying intervention, ministry data shows
Yen back in danger zone as Tokyo officials keep investors on edge
Dollar heads for small weekly loss on Middle East peace deal expectations
Oil tumbles, stocks gain on US-Iran deal hopes - Reuters
$AMZN (-0.7% pre) Blue Origin’s New Glenn Rocket Explodes on Launchpad - BBG
$ASTS (-13.7% pre) ASTS Stock Slides Overnight: Blue Origin Explosion Raises Fresh Fears For 45-Satellite Rollout
$SPCX SpaceX Said to Cut IPO Valuation Goal to at Least $1.8 Trillion - BBG
$NVDA (+0.4% pre) At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage
$NVDA Nvidia is investing billions into this emerging technology that could change the AI industry - CNBC$LITE $COHR $MRVL $GLW
$AMD (+0.2% pre) In China, AMD CEO Lisa Su is understated while $NVDA Nvidia's Huang is more razzmatazz
$INTC (+1.1% pre) Taiwan's MediaTek says it supports both $TSM TSMC and Intel's advanced packaging technologies
$GOOGL (-1.1% pre) $APO Apollo Shops $36 Billion Debt Deal to Buy Google Chips for Anthropic - BBG
Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown - WSJ
AI Has Made Memory Chips More Valuable Than Oil - WSJ
Corporate America Is Starting to Ration AI as Cost Skyrockets - WSJ
$NXT (+8.8% pre) Nextpower to acquire Prevalon Energy for up to $365 million - SI
$HPE, $SMCI, $NOW Stocks Rise In Sympathy Surge After $DELL Dell's Blowout Report
$TSLA (-0.6% pre) Tesla Robotaxi fleet in Texas less than one-tenth size of $GOOGL Waymo’s, filings reveal
$IFF (+2.8% pre) International Flavors & Fragrances sells most of its food ingredients business
$RNW (+4.5% pre) ReNew Energy gets $6.75/share proposal from consortium
$DNUT (+5.6% pre) Form 4 Krispy Kreme, Inc. For: May 26 Filed by: Hees Bernardo
$SPCE (+9.5% pre) Virgin Galactic resumes VSS Unity flights to prepare for new spaceship testing
Samsung’s shares surge as much as 6% after company ships next-generation AI memory chip samples - CNBC
$AGIO (-5.4% pre) Agios to drop myelodysplastic syndromes drug
$REPL (+70.9% pre) Replimune stock surges 40% on FDA approval path agreement
$TEM (+6.0% pre) Tempus receives FDA approval for tumor-only xT CDx genomic test
$OLOX (+118.5% pre) Olenox Industries Provides Corporate Update
$CLIK (+14.2% pre) Click Holdings Limited (CLIK) Acquires Hong Kong Construction HR Tech Company, Targeting Over HK$50 Million Annual Revenue in New Segment Within Two Years
$STG (+101.8% pre) Sunlands Technology Group approves $50 million share buyback program
$DELL (+33.4% pre) Dell shares jump after server maker reports fastest sales growth since return to public market in 2018
$ASAN (+8.0% pre) Asana Stock Trades Higher On Q1 Financials, StackAI Acquisition: What Investors Need To Know
$CHA (+12.1% pre) Chagee shares surge 10% on buyback plan despite earnings miss
$ELMT (+10.4% pre) Defense supplier Elmet raises $125M IPO cash, more than doubles adjusted EBITDA
$GCO (+7.2% pre) GENESCO ($GCO) Releases Q1 2027 Earnings
$KNOP (+3.3% pre) KNOT Offshore Partners (NYSE: KNOP) posts Q1 2026 profit with high charter coverage
$MDB (+2.2% pre) MongoDB stock rises pre-market after Q1 beat and raised outlook
$NTAP (+18.0% pre) NetApp Stock Jumps. Earnings, Sales Forecast Top Estimates Amid AI Data Storage Boom.
$OKTA (+7.7% pre) Okta jumps 8%, tops first-quarter results on agentic AI demand
$PD (+19.4% pre) PagerDuty’s (NYSE:PD) Q1 CY2026 Sales Top Estimates, Stock Jumps
$AEO (-12.9% pre) American Eagle stumbles on soft comparable store sales
$ADSK (-6.6% pre) Autodesk shares fall 5% on $3.6 bln MaintainX deal despite strong Q1 beat
$COST (-0.7% pre) Costco Q3 2026 earnings beat on record gas sales, e-commerce
$ESTC (-8.0% pre) Elastic’s (NYSE:ESTC) Q1 CY2026 Sales Beat Estimates But Stock Drops
$GAP (-14.6% pre) Gap Shares Plummet After Retailer Cuts Sales Outlook
$PATH (-2.8% pre) UiPath Reports Mixed Q1: Earnings Miss, Revenue Beats
$S (-15.4% pre) SentinelOne Plunges As Cybersecurity Firm's Q1 Revenue, Guidance Disappoint
$VSAT (-8.9% pre) Viasat (NASDAQ:VSAT) Misses Q1 CY2026 Sales Expectations, Stock Drops
Top Earnings Fri 5/29 Aft: None
Top Earnings Mon 6/1 Pre: $SAIC
$CMND (+55.1% pre) Clearmind Medicine Advances Global Intellectual Property Portfolio with Japanese Patent Filing for Innovative Psychedelic- Based Depression Treatment
1- We seize concessions not through dialogue, but with missiles; in negotiations, we merely make them understand. 2- We have no trust in guarantees or words—only actions are the measure. No action will be taken before the other side acts. 3- The winner of any agreement is the one who is better prepared for war from the day after. -- IRAN GHALIBAF
$IHRT (-16% pre) $SIRI (-1% pre) iHeartmedia, Siriusxm Deal Talks Have Stalled - Nyt Dealbook
Upgrades 5/29: $AWK $BHP $CRL $DELL $EFOR $FRT $S $SNOW $VVV $WTRG
Downgrades 5/29: $AMBA $BBY $BSX $CCOI $CZR $EPAM $EQR $GAP $GDYN $MDA $PHR $REG $ROL $S $ST
+Initiations 5/29: $ACOG $AUR $BOLT $CTEV $DPRO $FUNC $GBFH $KRP $KRRO $OUST $SLGL $SNSE $VNOM $WTTR
-Initiations 5/29: $PAR
$SOFI (+11.6% pre) SoFi surges: Stablecoins, short squeezes, and the return of retail - SI
$AIRJ (-8.1% pre) AirJoule Technologies raises $15 million in registered direct offering
$CLIR (-10.7% pre) ClearSign Technologies prices $3.4 million stock offering at $4.33 per share
$KRMN (-6.6% pre) Karman Space prices $854 million secondary stock offering at $61 per share
$MWH (-1.4% pre) Form EFFECT SOLV Energy, Inc.
$ZCMD (-25.9% pre) Form EFFECT Zhongchao Inc.
$MKC (+2.5% pre) Activist hedge fund Toms Capital builds stake in McCormick - Reuters
$NVDA (+0.3% pre) China’s ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq - The Information
Top Shareholder Meetings: $ACAD $ANET $LOW $PUBM $VOYG
Top Analyst/Investor Calls: $SCOR $TEM
Top Conferences: o ASCO Annual Meeting o Bernstein Strategic Decisions Conference