Story cards stay below the sticky dock while audio, chapters, date, and brief navigation remain accessible.
S&P 500 futures down 0.4% and Nasdaq 100 futures down 0.7-0.8% as Wall Street braces for April's Consumer Price Index. Consensus expects headline CPI at 3.7% annual (0.6% MoM) and core at 2.7% YoY. A hot print could compress rate-cut expectations and pressure growth and AI names hard; a soft read would be rocket fuel for the rally.
Micron hit a new 52-week high of $785.46 on Monday, trading as high as $801 intraday on 7.66M shares. The catalyst: a potential labor strike at Samsung that could pull 3% of global memory supply off an already tight market. Deutsche Bank raised its price target to $1,000 — the highest on the Street — following Micron's record Q2 revenue of $23.9B (+196% YoY).
Anthropic has reportedly committed roughly $200 billion to Google Cloud over five years for multi-gigawatt TPU capacity, representing over 40% of Google Cloud's $460B revenue backlog disclosed last week. Alphabet shares are up ~30% in the past month and trading near all-time highs. Google Cloud Q1 revenue hit $20B (+63% YoY) with operating income tripling to $6.6B.
Intel gained another 5.7% in premarket Tuesday, building on a 15% surge last Thursday after The Wall Street Journal reported a preliminary agreement for Intel to manufacture Apple Silicon chips. The deal would be the biggest vote of confidence yet for Intel's foundry business and Washington's push for domestic chip production. Apple shares ticked up ~1.7% on the diversification away from TSMC.
JPMorgan Private Bank released its 2026 midyear outlook on Monday, projecting 13-15% above-trend S&P 500 earnings growth for at least two more years, driven by the AI supercycle. The firm identified AI, global fragmentation, and inflation as the three defining forces, and advised gaining exposure to data center build-out beneficiaries while avoiding legacy sectors vulnerable to disruption.
DigitalOcean is the standout AI mover of 2026, crushing Nvidia's 15% YTD gain with a 240% surge. The stock jumped 48% on May 5 after Q1 showed AI ARR reaching $170M (+221% YoY). The company has repositioned as an "Agentic Inference Cloud," and at least six brokerages — including Canaccord ($120 PT), Oppenheimer, BofA, and Barclays — raised price targets.
All eyes are turning to Nvidia's Q1 FY2027 report next Wednesday. Wall Street expects $78.8B revenue (+78.6% YoY) and $1.77 EPS (+118.5% YoY). Goldman Sachs reiterates Buy with a $250 target, calling the stock "meaningfully undervalued." BofA notes NVDA trades at a 30% discount to peers on free cash flow, with projected FCF above $400B for CY2026-2027 combined.
Super Micro Computer surged 18% after Q3 FY2026 results showed EPS of $0.84 (beating by 35%) despite revenue of $10.2B missing consensus by ~18% due to supply chain constraints. The real story: non-GAAP gross margin improved 58% sequentially to 10.1%. Citi raised its PT to $31, JPMorgan to $32, and Rosenblatt to $40. A shareholder class action alleging $2.5B in illegal server diversions to China looms with a May 26 deadline.
SoundHound shares fell 13% to $8.41 on Friday after Q1 showed revenue growing 52% YoY to $44.2M but GAAP gross margin falling 5 percentage points to 31%. The company posted a net loss of $25M and negative operating cash flow of $26.3M. It was the sixth consecutive EPS beat, but the market is losing patience with the growth-at-all-costs playbook absent visible margin expansion.
Quantum Computing Inc. popped 27% in premarket after reporting Q1 revenue of $3.69M — up from just $39,000 a year ago — and a narrower-than-expected EPS loss of -$0.02. Northland initiated coverage with an Outperform rating and $20 price target, roughly double where the stock had been trading. The company also showed off a joint quantum key distribution demo with Ciena at OFC 2026.