Wire
Street Color: Google in Discussions With SpaceX Over Rocket Launch Deal, WSJ Reports
Street Color: Google in Discussions With SpaceX Over Rocket Launch Deal, WSJ Reports
$GOOG$GOOGL
Alphabet Inc. (Class A)
$GOOGLNASDAQTechnology
364 stories mentioning Alphabet Inc. (Class A)Updated 13h ago
Alphabet's Google announced a $1.5 billion 2026-27 expansion of its Alabama data center campus, funding its own power and infrastructure costs.
Wire
Top Midday Stories: April CPI Rises 3.8% YoY, Highest Level Since May 2023; EBay Board Rejects GameStop's Acquisition Proposal
All three major US stock indexes were down in late-morning trading after April inflation data came in hotter than expected.The US seasonally adjusted consumer price index rose by 0.6% in April, as expected and following a 0.9% increase in March, the Bureau of Labor Statistics said Tuesday. Core CPI, which excludes food and energy prices, rose by 0.4%, higher than the consensus estimate of a 0.3% increase. Core CPI rose by 0.2% in March. Year over year rates for overall and core CPI rose to 3.8% and 2.8%, respectively from 3.3% and 2.6% in March. The overall year-over-year figure was the highest recorded since May 2023.In company news, eBay (EBAY) said Tuesday its board rejected GameStop's (GME) unsolicited, non-binding $55.5 billion buyout offer. The board concluded the company is better positioned to generate growth and shareholder value as a standalone business under its existing management, eBay said. Shares of eBay were up 0.2%, while GameStop shares were down 1.9% around midday.On Holding (ONON) reported Q1 adjusted earnings Tuesday of 0.37 Swiss francs ($0.47) per diluted share, up from 0.21 francs a year earlier and above the FactSet consensus analyst estimate of 0.27 francs. Net sales were 831.9 million francs, up from 726.6 million francs a year ago and above the FactSet consensus of 818.5 million francs. For full-year 2026, the company said it expects net sales to grow by at least 23% year over year on a constant-currency basis, implying reported sales of at least 3.51 billion francs at current spot rates, it said. On Holding shares were down 4.6%.Under Armour (UAA) reported a fiscal Q4 adjusted loss Tuesday of $0.03 per diluted share, narrowing from a loss of $0.08 a year earlier but below the FactSet consensus of a loss of $0.02. Fiscal Q4 net revenue was $1.17 billion, down from $1.18 billion a year ago but matching the FactSet consensus. For fiscal 2027, the company said it expects adjusted EPS of $0.08 to $0.12 on a slight decline in revenue. Analysts polled by FactSet expect adjusted EPS of $0.23 on revenue of $5.05 billion. Under Armour shares were down 17%.Wendy's (WEN) faces a potential take-private bid from Trian Fund Management, which is seeking investor backing for a takeover, the Financial Times reported Tuesday, citing people familiar with the matter. Wendy's shares were up 15%.Alphabet's (GOOG, GOOGL) Waymo is recalling 3,791 robotaxis in the US due to a software issue that could likely cause the vehicles to drive onto flooded roads, Reuters reported Tuesday, citing the National Highway Traffic Safety Administration. The recall pertains to certain fifth- and sixth-generation automated driving systems in the robotaxis, the report said. Alphabet's Class C and Class A shares were down 0.5% and 0.4%, respectively.JPMorgan Chase (JPM) Chief Executive Jamie Dimon said Tuesday on Bloomberg TV that financial markets may be showing "a little bit too much exuberance" given current inflation risks and geopolitical tensions. JPMorgan shares were up 0.5%.Price: $108.27, Change: $+0.14, Percent Change: +0.13%
$EBAY$GME$GOOG$GOOGL$JPM$ONON$UAA$WEN
Wire
Klarna Integrates Payment Options Into Google Search, Gemini App
Klarna (KLAR) said Tuesday it will bring its payment services to Alphabet's (GOOG, GOOGL) Google Search and Gemini app in the US via Google Pay.The integration will enable Google Pay users shopping via Google Search or the Gemini app to choose Klarna's payment services, including the option to pay in four interest-free installments, Klarna said.The company said the partnership reflects a broader shift toward conversational and AI-driven commerce.Shares of Klarna were up 2.7% in Tuesday trading.Price: $14.78, Change: $+0.39, Percent Change: +2.71%
$GOOG$GOOGL$KLAR
Wire
Top Midday Stories: Moderna Working on Hantavirus Vaccine, Shares Rise; Blackstone, Halliburton to Invest Combined $1 Billion in VoltaGrid
The three major US stock indexes were up slightly in late-morning trading Monday after President Donald Trump said Sunday on Truth Social that he has rejected Iran's latest proposal to end the war.In company news, Moderna (MRNA) said it has been working on early-stage vaccines targeting hantaviruses, Bloomberg reported. The research began before recent infections were reported aboard the Dutch-flagged Hondius, the report said, citing the company. Moderna shares were up 4.9% around midday.Blackstone (BX) and Halliburton (HAL) will invest a combined $1 billion into energy startup VoltaGrid in a deal that values the company at over $10 billion, Bloomberg reported Monday, citing people familiar with the matter. Separately, Blackstone agreed to acquire a majority stake in Greek online marketplace Skroutz from CVC Capital Partners, Bloomberg reported Monday. Financial terms of the deal were not disclosed, though people familiar with the matter reportedly told Bloomberg it values Skroutz at 635 million euros. Lastly, Blackstone Real Estate Debt Strategies has launched a lending platform to provide capital and flexibility to US homebuilders, the company said Monday. Blackstone shares were down 1.0%, while Halliburton shares were up 0.6%.Cerebras Systems is planning to increase the size and price of its initial public offering, the company said in a regulatory filing. Cerebras plans to raise its IPO price to a range of $150 to $160 per share from $115 to $125 per share and increase the number of shares marketed to 30 million from 28 million.Apollo Global Management (APO) said Monday its managed funds signed definitive agreements to buy Emerald Holding (EEX) and Questex to form a combined business events platform. The company will pay $5.03 per share to acquire Emerald, assigning the target company an expected value of about $1.50 billion, the company said. Separately, Apollo is in talks to sell its MidCap Financial Investment (MFIC) business development company, The Wall Street Journal reported Sunday, citing people familiar with the matter. Apollo values the business at around $3 billion, the report said, citing the sources. Apollo shares were down 0.8%, while Emerald shares were up 9.3% and MidCap shares were down 2.6%.FS KKR Capital (FSK) reported a Q1 loss Monday of $1.57 per diluted share. Total Q1 investment income was $304 million down from $400 million a year ago and below the FactSet consensus analyst estimate of $316.8 million. The company said Monday that KKR's (KKR) KKR Alternative Assets unit will launch a tender offer to buy up to $150 million of FS KKR Capital's shares at $11 each. The offering will begin Tuesday and is expected to expire on June 9, the company said. KKR Alternative Assets agreed to buy $150 million in newly issued shares of cumulative convertible perpetual preferred stock, FS KKR Capital said Sunday. FS KKR shares were up 0.5%, while KKR shares were down 2.8%.Alphabet (GOOG, GOOGL) on Monday filed a preliminary prospectus supplement with the SEC for a multi-tranche yen-denominated bond offering targeting qualified institutional investors in Japan. The offering consists of five series of notes with varying maturities and interest rates, with all payments to be made in Japanese yen, the filing said. Alphabet's Class C and Class A shares were down 1.8% and 1.9%, respectively.Walt Disney's (DIS) ABC network has been the victim of "sustained, coordinated" censorship by the Trump administration, Federal Communications Commissioner Anna Gomez said in a letter to Disney Chief Executive Josh D'Amaro, The Wall Street Journal reported Monday, citing the letter, which it viewed. Disney shares were down 2.0%.Price: $54.87, Change: $+0.52, Percent Change: +0.95%
$APO$BX$DIS$EEX$FSK$GOOG$GOOGL$HAL$KKR$MFIC$MRNA
Wire
Market Chatter: Google's Isomorphic Labs in Advanced Talks to Raise over $2 Billion in New Funding
Isomorphic Labs, a drug discovery company that was spun out of Alphabet's (GOOG, GOOGL) Google DeepMind, is in advanced talks to raise over $2 billion in a new round of funding, Bloomberg reported Friday, citing people familiar with the matter.Isomorphic Labs didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $395.42, Change: $+0.12, Percent Change: +0.03%
$GOOG$GOOGL
Wire
Google's Isomorphic Labs in Advanced Talks to Raise Over $2 Billion in New Funding, Bloomberg Reports
Google's Isomorphic Labs in Advanced Talks to Raise Over $2 Billion in New Funding, Bloomberg Reports
$GOOG$GOOGL
Wire
Google Launches Screenless Fitbit Air Fitness Band
Alphabet's Google (GOOG, GOOGL) said Thursday it has launched Fitbit Air, a $100 screenless fitness tracker.The device, consisting of a fabric band equipped with a battery and a sensor pack, monitors health data, including step count, distance, heart rate, and blood oxygen levels, the company said.The band connects to a health coaching feature within the Google Health mobile application for both iOS and Android users, it said.Price: $393.31, Change: $-1.76, Percent Change: -0.44%
$GOOG$GOOGL
Wire
DBS Bank Adjusts Price Target on Alphabet to $460 From $400
Alphabet (GOOGL) has an average rating of buy and mean price target of $423.24, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $396.85, Change: $-0.98, Percent Change: -0.25%
$GOOG$GOOGL
Sectors
Sector Update: Tech Stocks Gain Pre-Bell Thursday
Technology stocks were higher pre-bell Thursday, with the State Street Technology Select Sector SPDR ETF (XLK) advancing 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.5% higher.Alphabet (GOOG, GOOGL) shares gained by 1.2% before the opening bell after closing the prior session with a 2.8% increase. Bloomberg reported Thursday that Google has proposed changes to how it shows news results in its search engine to avoid further EU competition fines.Advanced Micro Devices (AMD) stock was down 1.8% pre-bell after closing the prior session with a 18.6% rise. The company overnight posted stronger-than-expected fiscal Q1 results and issued an upbeat Q2 revenue outlook.ARM (ARM) shares fell over 7% in premarket activity after CEO Rene Haas said, in an earnings call with investors, that while demand for ARM's new AGI CPU doubled to $2 billion within six weeks of its launch, the company has only secured enough manufacturing capacity to fulfill half of those orders.
$AMD$ARM$GOOG$GOOGL$XLK$XSD
Commodities
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Corporate Earnings, Economic Data Deluge
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Thursday's premarket activity amid a deluge of corporate earnings results and economic data.US stock futures were also higher, with S&P 500 Index futures up 0.1%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.1% before the start of regular trading.US layoff intentions rose in April, led by the technology sector due to increased use of AI, outplacement firm Challenger, Gray & Christmas reported Thursday.US initial jobless claims rose to a level of 200,000 in the week ended May 2 from an upwardly revised 190,000 level in the previous week, compared with expectations for a larger increase to 205,000 in survey of analysts compiled by Bloomberg.Nonfarm productivity rose by 0.8% in Q1 after a downwardly revised 1.6% increase in Q4, above expectations for a 0.6% gain in a survey compiled by Bloomberg as of 7:40 am ET, data released by the Bureau of Labor Statistics showed.Construction spending data for February and March will be released at 10 am ET, followed by weekly natural gas stocks at 10:30 am ET.The consumer credit data for March posts at 3 pm ET.Minneapolis Fed President Neel Kashkari and New York Fed President John Williams are slated to speak on Thursday.In premarket activity, bitcoin was down by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.8% lower, Ether ETF (EETH) retreated 1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was flat.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.3%, while the Vanguard Industrials Index Fund (VIS) was flat and the iShares US Industrials ETF (IYJ) was inactive.MDA Space (MDA) stock was up more than 8% before the opening bell after the company reported higher Q1 adjusted earnings and revenue.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.1%, the Vanguard Health Care Index Fund (VHT) retreated 0.3%, while the iShares US Healthcare ETF (IYH) slipped 1.5%. The iShares Biotechnology ETF (IBB) was 0.8% higher.Viatris (VTRS) stock was down more than 3% premarket after gaining 2.8% at the prior close. The company reported higher Q1 financial results and reaffirmed its 2026 guidance.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.4% higher.Carlyle (CG) shares were down more than 3% pre-bell after the company reported lower Q1 after-tax distributable earnings and revenue.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.01%, and the iShares US Technology ETF (IYW) was 0.03% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 0.7%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.03%, while the iShares Semiconductor ETF (SOXX) rose by 0.4%.Alphabet (GOOG, GOOGL) shares were up more than 2% in premarket activity after closing the prior session with a 2.8% rise. Bloomberg reported that Google has proposed changes to how it shows news results in its search engine to avoid further EU competition fines.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.03%, while the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.7%. The VanEck Retail ETF (RTH) was 0.6% higher, while the State Street SPDR S&P Retail ETF (XRT) retreated by 0.3%.Tesla (TSLA) shares were up more than 1% pre-bell after Reuters reported the EV maker's China-made electric vehicle sales rose for a sixth consecutive month on a year-over-year basis.EnergyThe iShares US Energy ETF (IYE) was down 0.9%, while the State Street Energy Select Sector SPDR ETF (XLE) was 1.1% lower.Shell (SHEL) stock was down more than 1% before the opening bell after the company reported lower-than-expected Q1 revenue.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 3.3% to $91.97 per barrel on the New York Mercantile Exchange. Natural gas was down by 1% at $2.70 per 1 million British Thermal Units. The United States Oil Fund (USO) fell by 3.3%, while the United States Natural Gas Fund (UNG) was 0.3% lower.Gold futures for May gained by 1.2% to reach $4,748.30 an ounce on the Comex. Silver futures advanced by 5.4% to $81.44 an ounce. SPDR Gold Shares (GLD) was 1% higher, and the iShares Silver Trust (SLV) rose by 4.7%.
Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CG$EEM$EETH$EXI$FAS$FAZ$GLD$GOOG$GOOGL$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$MDA$PMR$QQQ$RTH$SHEL$SLV$SOXX$SPY$TSLA$UNG$USO$VDC$VHT$VIS$VRTS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors
Sector Update: Tech
Technology stocks were mixed pre-bell Thursday, with the State Street Technology Select Sector SPDR ETF (XLK) retreating by 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.5% higher.Alphabet (GOOG, GOOGL) shares gained by 1.2% before the opening bell after closing the prior session with a 2.8% increase. Bloomberg reported Thursday that Google has proposed changes to how it shows news results in its search engine to avoid further EU competition fines.
$GOOG$GOOGL$XLK$XSD
Sectors
Sector Update: Tech Stocks Gain Late Afternoon
Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.1%.The Philadelphia Semiconductor index climbed 4.1%.In corporate news, Advanced Micro Devices (AMD) reported stronger-than-expected Q1 results as demand for AI infrastructure pushed data center revenue higher year-on-year. Its shares jumped past 17%.Nvidia (NVDA) and Corning (GLW) said Wednesday they have entered a multiyear commercial and technology partnership to expand US manufacturing of advanced optical connectivity technology to power AI infrastructure. Nvidia shares gained 5.5%.Alphabet's (GOOGL) Google Cloud is slated to receive about $200 billion over five years from Amazon-backed (AMZN) Anthropic for computing capacity and processors, The Information reported. Alphabet shares climbed 2.1%.Super Micro Computer (SMCI) shares surged nearly 23% in late Wednesday trading, a day after the company reported a fiscal Q3 adjusted earnings beat.
$AMD$GOOGL$NVDA$SMCI
Sectors
Sector Update: Tech Stocks Gain Wednesday Afternoon
Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.6%.The Philadelphia Semiconductor index climbed 3.4%.In corporate news, Advanced Micro Devices (AMD) reported stronger-than-expected Q1 results as demand for AI infrastructure pushed data center revenue higher year-on-year. Its shares jumped past 16%.Nvidia (NVDA) and Corning (GLW) said Wednesday they have entered a multiyear commercial and technology partnership to expand US manufacturing of advanced optical connectivity technology to power AI infrastructure. Nvidia shares gained 4.5%.Alphabet's (GOOGL) Google Cloud is slated to receive about $200 billion over five years from Amazon-backed (AMZN) Anthropic for computing capacity and processors, The Information reported. Alphabet shares climbed 2.4%.
$AMD$GOOGL$NVDA
Wire
Market Chatter: Alphabet's Google Proposes Changes to Search News Results Display to Avoid Further EU Fines
Alphabet's (GOOG, GOOGL) Google has proposed changes to how it shows news results in its search engine to avoid further EU competition fines, Bloomberg reported Wednesday, citing people familiar with the matter.The fines already total 9.5 billion euros ($11.2 billion), the report said, adding that the company is responding to concerns that it was "deliberately" lowering results for publishers' websites that include ads from certain commercial partners.Google told Bloomberg that it is "continuing to engage constructively" with the European Commission and its priority is to protect users from "deceptive practices like 'parasite SEO' spam that undermine the web."Alphabet didn't immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $395.48, Change: $+11.17, Percent Change: +2.91%
$GOOG$GOOGL
Wire
Alphabet's Google Proposes Changes to Search News Results Display to Avoid Further EU Fines, Bloomberg Reports
Alphabet's Google Proposes Changes to Search News Results Display to Avoid Further EU Fines, Bloomberg Reports
$GOOG$GOOGL
Asia Markets
Potential Middle East Peace Agreement, Oil Price Declines Drive US Equity Futures Higher Pre-Bell
US equity futures were higher pre-bell Wednesday as oil prices slipped and a peace agreement between the US and Iran was reportedly close to being finalized.Dow Jones Industrial Average futures were 0.9% higher, S&P 500 futures were up 0.8%, and Nasdaq futures were 1.3% higher.The White House believes it is nearing an agreement with Iran on a one-page memorandum of understanding to end the conflict and establish a framework for more detailed nuclear negotiations, according to an Axios report, citing two US officials and two other sources briefed on the issue.In a post on Truth Social, President Donald Trump said he had paused "Project Freedom," a military operation to escort ships through the Strait of Hormuz, to see if an agreement with Iran can be signed.Traders kept an eye on the latest round of earnings, with AMD (AMD) reporting stronger-than-expected fiscal Q1 results and issuing an upbeat Q2 revenue outlook. Walt Disney (DIS) posted higher fiscal Q2 adjusted earnings and revenue that also surpassed analysts' estimates.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 6.9% at $102.28 per barrel and US West Texas Intermediate crude 7.7% lower at $94.45 per barrel.ADP's national employment report showed that private-sector employment increased by 109,000 in April, compared with expectations for a 120,000 gain in a survey compiled by Bloomberg.Federal Reserve St. Louis President Alberto Musalem is slated to speak at 9:30 am, and Chicago President Austan Goolsbee speaks at 1 pm ET.In other world markets, Japan's Nikkei was closed due to a public holiday. Hong Kong's Hang Seng ended 1.2% higher and China's Shanghai Composite finished 1.2% higher. Meanwhile, the UK's FTSE 100 was up 2.2%, and Germany's DAX index was 1.8% higher in Europe's early afternoon session.In equities, AMD and Disney shares rose 16% and 5.5%, respectively, after the companies reported their latest quarterly financial results. Alphabet (GOOG, GOOGL) stock was up 1.7% after the company's Google Cloud secured a $200 billion commitment from Anthropic for computing capacity and processors, according to a report from The Information citing a person with knowledge of the matter.On the losing side, Arista Networks (ANET) stock was down 9.1% despite the company posting higher Q1 non-GAAP earnings and revenue. Exxon Mobil (XOM) and Chevron (CVX) shares were down 3.6% and 3.7%, respectively, as energy majors saw stock price declines amid the dip in oil prices.
Dow JonesNasdaq CompositeS&P 500$AMD$ANET$CVX$DIS$GOOG$GOOGL$XOM
Commodities
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Amid Potential US-Iran Truce
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 1% and the actively traded Invesco QQQ Trust (QQQ) was 1.7% higher in Wednesday's premarket activity amid news of a potential US-Iran truce.US stock futures were mixed, with S&P 500 Index futures up 1%, Dow Jones Industrial Average futures falling 1.2%, and Nasdaq futures advancing 1.6% before the start of regular trading.US mortgage applications fell in the week ended May 1 amid higher mortgage rates, according to data released by the Mortgage Bankers Association early Wednesday.ADP's monthly measure of private payrolls showed a 109,000 increase in April, below expectations compiled by Bloomberg as of 7:20 am ET for an increase of 120,000.State-level unemployment data for March is slated for a 10 am ET release, followed by the weekly petroleum stocks at 10:30 am ET.Chicago Federal Reserve President Austan Goolsbee is due to speak on Wednesday.In premarket activity, bitcoin was down by 1.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.3% higher, Ether ETF (EETH) advanced 2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell over 14%.Power Play:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) was up 2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.9% lower.Hut 8 (HUT) shares were up more than 24% pre-bell after the company reported higher Q1 revenue.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) gained 2.1%, and the iShares US Technology ETF (IYW) was 2.4% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 2.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) rose 3.6%, while the iShares Semiconductor ETF (SOXX) increased by 4.3%.Advanced Micro Devices (AMD) shares were up more than 18% in premarket activity after the company overnight posted stronger-than-expected fiscal Q1 results and issued an upbeat Q2 revenue outlook.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.1%, the Vanguard Health Care Index Fund (VHT) was up 0.3%, while the iShares US Healthcare ETF (IYH) was flat. The iShares Biotechnology ETF (IBB) was 1% higher.Novo Nordisk (NVO) stock was up more than 6% premarket after the company posted higher-than-expected Q1 earnings and revenue in addition to raising its 2026 adjusted sales growth guidance.EnergyThe iShares US Energy ETF (IYE) was down 4.2%, while the State Street Energy Select Sector SPDR ETF (XLE) fell by 4.8%.Equinor (EQNR) stock was down more than 9% before Wednesday's opening bell after the company reported lower Q1 revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 1.8%, while the Vanguard Industrials Index Fund (VIS) was up 2.3%, and the iShares US Industrials ETF (IYJ) was inactive.Ametek (AME) stock was up more than 2% before the opening bell after the company agreed to acquire Indicor Instrumentation from Indicor in an all-cash deal valued at about $5 billion.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.4%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.2%. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 1.3%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.2% lower.Amazon (AMZN) shares were up more than 1% a day after The Information reported the company-backed Anthropic will pay Alphabet's (GOOG, GOOGL) Google Cloud about $200 billion over five years for computing capacity and processors.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 10% to $91.80 per barrel on the New York Mercantile Exchange. Natural gas was down by 2.5% at $2.72 per 1 million British Thermal Units. The United States Oil Fund (USO) fell by 9.6%, while the United States Natural Gas Fund (UNG) was 1.6% lower.Gold futures for May rose by 3.1% to $4,711.90 an ounce on the Comex. Silver futures advanced by 5.7% to $77.79 an ounce. SPDR Gold Shares (GLD) was 3% higher, and the iShares Silver Trust (SLV) rose by 5.4%.
Dow JonesNasdaq CompositeS&P 500$AMD$AME$AMZN$BETH$BITO$EEM$EETH$EQNR$EXI$FAS$FAZ$GLD$GOOG$GOOGL$HUT$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVO$PMR$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors
Sector Update: Tech Stocks Gain Late Afternoon
Tech stocks were higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 4.2%.The Philadelphia Semiconductor index climbed 4.2%.In corporate news, Apple (AAPL) will let users select from multiple third-party AI models for tasks across its iOS 27 software, Bloomberg reported. Apple shares were up 2.7%.Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOGL) to allow their portfolio companies access to Google's AI models, Bloomberg reported. Alphabet shares added 1.1%.Pinterest (PINS) shares jumped 7.4% after it posted better-than-expected Q1 results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Amazon-backed (AMZN) Anthropic introduced new AI agents built for a broader mix of financial services tasks, Bloomberg reported. Amazon shares rose 0.6%.
$AAPL$AMZN$GOOGL$PINS
Sectors
Sector Update: Tech Stocks Rise Tuesday Afternoon
Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing past 4%.The Philadelphia Semiconductor index climbed 4.7%.In corporate news, Pinterest (PINS) shares jumped nearly 10% after it posted better-than-expected Q1 results late Monday and forecast up to 16% revenue growth year over year for the ongoing three-month period.Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOGL) to allow their portfolio companies access to Google's AI models, Bloomberg reported. Alphabet shares added 0.5%.Amazon-backed (AMZN) Anthropic introduced new AI agents built for a broader mix of financial services tasks, Bloomberg reported. Amazon shares rose 0.5%.Shopify (SHOP) shares slumped past 16% after the company on Tuesday issued a Q2 revenue outlook that implied a sequential slowdown in annual growth.
$AMZN$GOOGL$PINS$SHOP
Wire
Market Chatter: Blackstone, KKR in Talks With Alphabet to Give Portfolio Companies Access to AI Models
Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOG, GOOGL) to allow their portfolio companies access to Google's artificial intelligence models, Bloomberg reported Tuesday, citing people familiar with the matter.The talks come after OpenAI and Anthropic announced deals on Monday with alternative asset managers to create AI consultancies that would turn private equity-backed firms into a new revenue stream for AI companies, according to the report.Blackstone and KKR will negotiate omnibus agreements with Google that would give their portfolio companies access to AI models, Bloomberg said, adding that Alphabet would gain access to companies it previously had limited ways to sell to.Blackstone, KKR and Alphabet did not immediately respond to a request for comment by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $123.61, Change: $+0.52, Percent Change: +0.42%
$BX$GOOG$GOOGL$KKR
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