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Wire

Cognex Introduces New Vision Controller Powered by NVIDIA

Cognex (CGNX) said Tuesday it has launched the In-Sight 6900 Vision Controller, a system designed to improve industrial inspection.Unlike fixed systems, this modular controller lets manufacturers configure cameras, optics, and lighting to match their specific inspection needs, and is powered by NVIDIA (NVDA) Jetson technology, which allows it to deliver high-capacity artificial intelligence processing at the edge without needing external computers or complex architectures, the company said.The system also works with Cognex's OneVision platform, which allows teams to build, improve, and scale inspection programs across multiple locations, the company added.Shares of Cognex fell 3.4% and NVIDIA was down 3% in the session.Price: $53.23, Change: $-1.86, Percent Change: -3.37%

$CGNX$NVDA
Research

William O'Neil Initiates Coverage on Nvidia With Buy Rating

Nvidia (NVDA) has an average rating of Buy and mean price target of $269.82, 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://www..com/contact-us)Price: $209.50, Change: $+1.24, Percent Change: +0.59%

$NVDA
Wire

LiveRamp Integrating Nvidia's AI Infrastructure for Advanced Model Training, Inference

LiveRamp (RAMP) is integrating Nvidia's (NVDA) artificial intelligence infrastructure to offer a graphics processing unit-optimized infrastructure through its clean rooms and the LiveRamp Marketplace, the company said Monday.The integration is designed to support compute-intensive AI workloads, accelerating the training and deployment of models for LiveRamp's AI partners and brands, LiveRamp said. No financial details were disclosed.LiveRamp said the integration is still in limited release, with plans for general availability later this year.Price: $29.98, Change: $+0.73, Percent Change: +2.50%

$NVDA$RAMP
US Markets

Stocks Mostly Down Pre-Bell as Iran Reportedly Offers New Proposal to Open Strait of Hormuz

The benchmark US stock measures were mostly tracking in the red before the opening bell Monday as traders assess media speculation about Iran's new proposal to open the Strait of Hormuz.The S&P 500 and the Dow Jones Industrial Average declined 0.1% each in premarket activity, while the Nasdaq was up 0.1%. The Nasdaq and S&P 500 finished Friday's trading session with new closing highs, while the Dow was down.Iran has sent a new proposal to the US to reopen the crucial Strait of Hormuz, the world's most important chokepoint for crude flows, Axios reported, citing a US official and two sources with knowledge of the matter. The proposal reportedly includes postponing nuclear negotiations to a later stage.Shipment traffic through the Strait of Hormuz remains at a near-complete halt with Iran and the US imposing their respective blockades of maritime traffic, Bloomberg News reported Sunday.West Texas Intermediate crude oil rose 2.1% to $96.38 a barrel before the open, while Brent gained 2.3% to $107.77.President Donald Trump cancelled plans to send his representatives to Pakistan for negotiations with Iran, saying too much time has been "wasted on traveling.""We have all the cards, they have none!" Trump said in a social media post on Saturday. "If they want to talk, all they have to do is call!!!"Iranian Foreign Minister Seyed Abbas Araghchi travelled to Islamabad over the weekend to convey Tehran's "observations" to Pakistan's high-level officials, foreign ministry spokesman Esmaeil Baqaei said in a post on X. There was no meeting planned with the US, according to Baqaei.Trump last week extended a ceasefire with Iran, but maintained the naval blockade of Iranian ports.The personal income and outlays report for March is scheduled to be released on Thursday. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.US consumer sentiment improved from an initial April estimate, but remained at a record low as near-term inflation expectations logged the biggest monthly increase in a year, final University of Michigan survey results showed Friday.Monday's thin economic calendar has the Dallas Fed manufacturing survey for April at 10:30 am ET.Technology giants Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Meta Platforms (META) are slated to release their latest financial results later this week.Verizon Communications (VZ) and Domino's Pizza (DPZ) report their earnings before the bell, while Cadence Design Systems (CDNS) announces its financial statement after the markets close.Organon (OGN) shares climbed 16% pre-bell after the healthcare firm agreed to be acquired by India's Sun Pharmaceutical Industries in an all-cash deal worth about $11.75 billion. Qualcomm (QCOM) added 13% after finishing the previous trading session up 11%, while Nvidia (NVDA) increased 1%.Treasury yields were trending upwards in premarket action, with the two-year rate inclining 1.3 basis points to 3.79% and the 10-year rate moving 0.6 basis points higher to 4.32%.Gold slipped 0.5% to $4,718 per troy ounce, while bitcoin decreased 0.6% to $77,804.

Dow JonesNasdaq CompositeS&P 500$AAPL$AMZN$CDNS$DPZ$GOOG$GOOGL$META$MSFT$NVDA$OGN$QCOM$VZ
US Markets

Nasdaq, S&P 500 Reach New Peaks Amid Tech Rally, Log Weekly Gains

The Nasdaq Composite and the S&P 500 hit all-time peaks as technology stocks rallied on Friday, while traders turned hopeful for a new round of US-Iran peace talks.The Nasdaq rose 1.6% to 24,836.6, while the S&P 500 climbed 0.8% to 7,165.1, both notching new closing highs. The Dow Jones Industrial Average fell 0.2% to 49,230.7. Technology paced the gainers with a 2.5% jump, while health care saw the biggest drop.This week, the Nasdaq advanced by 1.5%, while the S&P 500 added 0.5% -- marking their fourth consecutive weekly advance. The Dow posted a weekly loss of 0.4%."Equity markets were mixed this week with volatility settling down, and equity investors seemingly putting the conflict in Iran behind them despite ongoing uncertainties," Robert Kavcic, senior economist at BMO Capital Markets, said in a report."Despite the trade war and Iran conflict, the market keeps finding a footing thanks to the large-scale (artificial intelligence) buildout, strong productivity growth and robust earnings," Kavcic said.Intel shares soared nearly 24%, the best performer on the S&P 500. Late Thursday, the chipmaker delivered a first-quarter beat amid artificial intelligence-driven demand for its products. The company issued an upbeat outlook for the ongoing quarter.Intel's post-earnings commentary suggests revenue upside potential for 2026, UBS Securities said in a note.Several other major tech stocks also advanced. Nvidia (NVDA) shares jumped 4.3%, the top gainer on the Dow, followed by Amazon.com's (AMZN) 3.5% increase. Advanced Micro Devices (AMD) and Qualcomm (QCOM) were up by double-digit percentage each, both among the best S&P 500 performers.Charter Communications (CHTR) reported first-quarter earnings below Wall Street's estimates as revenue declined annually, driven by weakness in the residential video and Internet segments. The company's shares plunged nearly 26%, the steepest decline on the S&P 500.West Texas Intermediate crude was last down 0.5% at $95.33 per barrel, while Brent rose 1.3% to $106.44.US special envoy Steve Witkoff and Jared Kushner will travel for Pakistan Saturday for a fresh round of talks with Iran, White House Press Secretary Karoline Leavitt said on Friday.Iran's Foreign Minister Seyed Abbas Araghchi has arrived in Pakistan.US Treasury yields were lower, with the 10-year rate down two basis points at 4.31% and the two-year rate falling 6.3 basis points to 3.78%.In economic news, US consumer sentiment improved from an initial April estimate, but remained at a record low as near-term inflation expectations logged the biggest monthly increase in a year, final University of Michigan survey results showed."The Iran conflict appears to influence consumer views primarily through shocks to gasoline and potentially other prices," Surveys of Consumers Director Joanne Hsu said. "In contrast, military and diplomatic developments that do not lift supply constraints or lower energy prices are unlikely to buoy consumers."About three in every five US consumers plan to cut discretionary spending as a result of high gasoline prices, with a majority considering a pullback in outlays on travel and entertainment, according to an Oppenheimer survey.Gold was last down 0.1% at $4,721.70 per troy ounce, while silver gained 0.5% to $75.85 per ounce.

Dow JonesNasdaq CompositeS&P 500$AMD$AMZN$CHTR$INTC$NVDA$QCOM
Asia Markets

Nasdaq, S&P 500 Touch All-Time Highs as Intel Lifts Tech, Stage Set for Iran Peace Talks This Weekend

The Nasdaq Composite and the S&P 500 hit records on Friday as Intel's (INTC) blowout Q1 results galvanized the technology sector amid reports that the White House is sending its Iran peace envoys to Pakistan for talks this weekend.The Nasdaq was up 1.6% to 24,836.60, after touching a record 24,854.04 intraday. The S&P 500 was up 0.8% to 7,165.08, after hitting a peak of 7,168.59 earlier in the session. The Dow Jones Industrial Average declined 0.2% to 49,230.71 at the close, as health care, industrials, and financials led the decliners.Intel shares soared 24%, the top gainer on the S&P 500 and the Nasdaq, after the company reported higher fiscal Q1 adjusted earnings and revenue. The chipmaker issued a fiscal Q2 outlook above market expectations. Nvidia (NVDA), Advanced Micro Devices (AMD), and Arm (ARM) were among the biggest outperformers across the S&P 500 and the Nasdaq.Iran's Foreign Minister Abbas Araghchi, the main mediator between Tehran and Washington, arrived in Islamabad, according to The Wall Street Journal. US envoys Steve Witkoff and Jared Kushner will travel to Pakistan on Saturday to participate in direct talks with Iran, CNN cited the White House.There is, however, no confirmation yet that American delegates will meet directly with Araghchi, according to both publications. US Vice President JD Vance will be on standby to travel if there is progress in the negotiations, a White House official told the WSJ.West Texas Intermediate crude oil futures fell 1% to $94.87, while Brent crude futures rose 0.8% to $105.95. Both WTI and Brent were up more than 1.5% each earlier in the session.In precious metals, gold futures rose 0.1% to $4,726.8, and silver futures climbed 0.5% to $75.91, after both traded lower earlier in the session.In economic news, the University of Michigan consumer sentiment index was revised up to 49.8 for April from 47.6 preliminary, compared with expectations for 48.5 in a Bloomberg-compiled survey. The index remains below the final 53.3 print in March. Respondents expected a 4.7% inflation rate over the next year and 3.5% annual inflation over the next five years, up from 3.8% and 3.2%, respectively, in March.US Attorney General for DC Jeanine Pirro said Friday on X that she has ordered her office to close its investigation into Federal Reserve Chair Jerome Powell. The Inspector General for the Federal Reserve has been asked to scrutinize cost overruns related to building construction, Pirro said. The move likely brings Kevin Warsh closer to taking over from Powell next month.Most US Treasury yields fell, with the 10-year slipping 1.5 basis points to 4.31% and the two-year dropping 4.2 basis points to at 3.78%.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC$NVDA
Japan

US Equity Indexes Mixed as Intel Boosts Technology, Trump's Peace Envoys Set to Travel to Pakistan

US equity indexes traded mixed on Friday as Intel's (INTC) blowout Q1 results galvanized the tech sector amid reports that the White House is sending its Iran peace envoys to Pakistan for talks this weekend.The Nasdaq Composite jumped 1.5% to 24,802.2, with semiconductor manufacturers among the top gainers ahead of the close on Friday. The S&P 500 was up 0.7% to 7,158.3, but the Dow Jones Industrial Average declined 0.3% to 49,163.3.Intel shares rose 20%, the top gainer on the S&P 500 and the Nasdaq, after the company reported higher fiscal Q1 adjusted earnings and revenue. The chipmaker issued a fiscal Q2 outlook above market expectations.Nvidia (NVDA), Advanced Micro Devices (AMD), and Arm Holdings (ARM) were among the biggest outperformers across the S&P 500 and the Nasdaq.Iran's Foreign Minister Abbas Araghchi, the main mediator between Tehran and Washington, arrived in Islamabad, according to The Wall Street Journal. US envoys Steve Witkoff and Jared Kushner will travel to Pakistan on Saturday to participate in direct talks with Iran, CNN cited the White House.There is, however, no confirmation yet that American delegates will meet directly with Araghchi, according to both publications. US Vice President JD Vance will be on standby to travel if there is progress in the negotiations, a White House official told the WSJ.West Texas Intermediate crude oil futures fell 1.1% to $94.79, while Brent crude futures rose 0.8% to $105.87. Both WTI and Brent were up more than 1.5% each earlier in the session.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC$NVDA
US Markets

Equities Mostly Rise Intraday as Intel Rallies; Oil Falls Amid US-Iran Peace Talk Hopes

US benchmark equity indexes were mostly higher intraday amid Intel's (INTC) post-earnings rally, while oil prices moved lower on renewed hopes for a fresh round of peace talks between Washington and Iran.The Nasdaq Composite was up 1.4% at 24,785.3 after midday Friday, while the S&P 500 rose 0.7% to 7,154.6. The Dow Jones Industrial Average fell 0.3% to 49,157.6. Among sectors, technology paced the gainers with a 2.1% jump, while health care saw the biggest drop.Intel shares soared 21% intraday, the best performer on the S&P 500. Late Thursday, the chipmaker delivered a first-quarter beat amid artificial intelligence-driven demand for its products. The company issued an upbeat outlook for the ongoing quarter.Intel's post-earnings commentary suggests revenue upside potential for 2026 despite a likely conservative outlook for the second half of the year, UBS Securities said in a note.Several other major tech stocks were also advancing intraday Friday. Nvidia (NVDA) shares jumped 4.9%, the top gainer on the Dow, followed by Amazon.com's (AMZN) 3.1% increase. Advanced Micro Devices (AMD) and Qualcomm (QCOM) were up by double-digit percentage each, both among the best S&P 500 performers.Charter Communications (CHTR) reported first-quarter earnings below Wall Street's estimates as revenue declined annually, driven by weakness in the residential video and Internet segments. The company's shares plunged 22%, the steepest decline on the S&P 500.West Texas Intermediate crude was down 2.1% at $93.82 per barrel, while Brent lost 0.4% to $104.67.US special envoy Steve Witkoff and Jared Kushner will leave for Pakistan Saturday for a fresh round of talks with Iran, CNN reported Friday, citing White House press secretary Karoline Leavitt.The Iranians reached out to the US, "as the president called on them to do," and requested the in-person conversation, Leavitt reportedly said.US Treasury yields were lower intraday, with the 10-year rate down 1.6 basis points at 4.31% and the two-year rate falling 5.7 basis points to 3.79%In economic news, US consumer sentiment improved from an initial April estimate, but remained at a record low as near-term inflation expectations logged the biggest monthly increase in a year, final University of Michigan survey results showed."The Iran conflict appears to influence consumer views primarily through shocks to gasoline and potentially other prices," Surveys of Consumers Director Joanne Hsu said. "In contrast, military and diplomatic developments that do not lift supply constraints or lower energy prices are unlikely to buoy consumers."Gold was up 0.4% at $4,743.50 per troy ounce, while silver gained 1.2% to $76.44 per ounce.

Dow JonesNasdaq CompositeS&P 500$AMD$AMZN$CHTR$INTC$NVDA$QCOM
Asia Markets

US Equity Indexes Mixed as Intel Boosts Technology, Iran Peace Talks Likely in Pakistan

US equity indexes traded mixed as Intel's (INTC) blowout Q1 results galvanized the tech sector, and crude oil futures dropped following reports that Iran's Foreign Minister Abbas Araghchi and President Donald Trump's envoys will arrive in Pakistan for peace talks this weekend.The Nasdaq Composite jumped 1.5% to 24,802.2, with the S&P 500 up 0.7% to 7,158.3, with semiconductor manufacturers among the top gainers. The Dow Jones Industrial Average, however, declined 0.3% to 49,163.3.Intel shares rose 20%, the top gainer on the S&P 500 and the Nasdaq, after the company reported higher fiscal Q1 adjusted earnings and revenue. The chipmaker issued a fiscal Q2 outlook above market expectations. Nvidia (NVDA), Advanced Micro Devices (AMD), and Arm Holdings (ARM) were among the leaders across both indexes.Araghchi, the main mediator between Tehran and Washington, is set to arrive in Islamabad with a small delegation, Pakistani government sources and an Iranian source told CNN. Pakistan is brokering the talks between Washington and Tehran, seeking an end to the war in Iran and a reopening of the Strait of Hormuz.From the US, President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan to participate in talks with Araghchi this weekend, administration officials told CNN.West Texas Intermediate crude oil futures fell 2% to $93.98, and Brent crude futures slipped 0.2% to $104.87 after midday as geopolitical risk receded. Both WTI and Brent were up more than 1.5% each earlier in the session.In precious metals, gold futures rose 0.4% to $4,741.60, and silver futures climbed 1% to $76.84, after both traded lower earlier in the session.The Strait is the chokepoint for exports from Persian Gulf nations, which met 20% of daily global oil demand before the Feb. 28 start to the war, which also trapped shipments of diesel and jet fuel, as well as petrochemical feedstocks and fertilizers."What began as a crude oil supply shock linked to the effective closure of the Strait of Hormuz has now broadened into a multi-commodity disruption," Ole Hansen, head of commodity strategy at Saxo Bank, said in a note. "The implications are no longer confined to energy markets alone but are spreading into industrial production, transportation, and ultimately agriculture and food prices."US Attorney General for DC Jeanine Pirro said Friday on X that she has ordered her office to close its investigation into Federal Reserve Chair Jerome Powell. The Inspector General for the Federal Reserve has been asked to scrutinize cost overruns related to building construction, Pirro said.Most US Treasury yields fell, with the 10-year slipping 1.7 basis points to 4.31% and the two-year dropping 4.9 basis points to at 3.78%.In economic news, the University of Michigan consumer sentiment index was revised up to 49.8 for April from 47.6 preliminary, compared with expectations for 48.5 in a Bloomberg-compiled survey. The index remains below the final 53.3 print in March. Respondents expected a 4.7% inflation rate over the next year and 3.5% annual inflation over the next five years, up from 3.8% and 3.2%, respectively, in March.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC$NVDA
US Markets

Intel's Post-Earnings Remarks Indicate Full-Year Revenue Upside Potential, UBS Says

Intel's (INTC) post-earnings commentary suggests revenue upside potential for 2026 despite a likely conservative outlook for the second half of the year, UBS Securities said in a note e-mailed Friday.Late Thursday, the chipmaker posted stronger-than-expected first-quarter results amid artificial intelligence-driven demand for its products. The company issued an upbeat outlook for the ongoing quarter."We're prudently planning for (personal computer) demand to weaken in the second half of the year and expect the full-year PC unit (total addressable market) to be down low-double-digit percent in line with industry peers and experts," Intel Chief Financial Officer David Zinsner said on an earnings conference call late Thursday, according to a FactSet transcript.The CFO's outlook implies full-year revenue of about $58 billion, or roughly $4 billion higher than the pre-call Wall Street estimate, and up 10% year over year, UBS analysts, including Timothy Arcuri, said in a note to clients."The rapid inflection in server (central processing unit) demand has put (Intel) in a position to better control its destiny this year, so the odds are that even the implied commentary for (the second half) is still probably conservative and numbers still have upside," the analysts wrote.UBS raised its price target on the Intel stock to $83 from $65 while maintaining its neutral rating.The company's shares were up 21% in Friday afternoon trade. So far this year, the stock has surged 118%."The newsflow on foundry should also remain positive as the release of the 14A production design kit late this year probably catalyzes one or more foundry deals with [Nvidia (NVDA), Apple (AAPL), maybe Amazon (AMZN)] and a high-end consumer product," the UBS analysts said. "The manufacturing narrative is playing out about as we expected, but we have under-estimated how much the market was willing to overlook a lack of earnings power."Customer order patterns in the near term continue to be "very robust" across Intel's businesses, Zinsner said on the call. Over the past 90 days, the company's outlook for server CPU demand has improved, with expectations for a strong year of double-digit unit growth for Intel and the broader industry, Zinsner said, adding that the momentum is seen extending into next year.Price: $81.22, Change: $+14.44, Percent Change: +21.62%

$AAPL$AMZN$INTC$NVDA
Japan

US Equity Indexes Mixed Amid Tech Gains, Iran Peace Talks Speculation

US equity indexes traded mixed as Intel's (INTC) blowout Q1 results lifted technology, and crude oil futures retreated following reports that Iran's Foreign Minister Abbas Araghchi will arrive in Pakistan late Friday for peace talks.The Nasdaq Composite jumped 1% to 24,689.1, with the S&P 500 up 0.4% to 7,139.9, with semiconductor manufacturers among the top gainers. The Dow Jones Industrial Average, however, declined 0.4% to 49,141.5.Intel shares rose 24%, the top gainer on the S&P 500 and the Nasdaq, after the company reported higher fiscal Q1 adjusted earnings and revenue. The chipmaker issued a fiscal Q2 outlook above market expectations. Nvidia (NVDA), Advanced Micro Devices (AMD), and Arm Holdings (ARM) were among the leaders across both indexes.Araghchi, the main mediator between Tehran and Washington, is set to arrive in Islamabad with a small delegation, Pakistani government sources and an Iranian source told CNN.Pakistani mediators expect a second round of talks between the US and Iran, government sources told the news agency. A US logistics and security team is present in Islamabad to facilitate the negotiation process, according to the sources.West Texas Intermediate crude oil futures fell 0.3% to $95.55, while Brent crude futures rose 0.6% to $105.72 after midday. Both WTI and Brent rose more than 1.5% each earlier in the session.Separately, the Justice Department is closing a probe relating to cost overruns at the Federal Reserve, US Attorney Jeanine Pirro was cited as saying Friday in multiple news reports.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC$NVDA
Wire

Market Chatter: NIO Plans to Develop Its Own Chips for EVs

NIO (NIO) is developing its own chips to reduce reliance on suppliers such as Nvidia (NVDA), seeking to strengthen its technological edge and profitability, Reuters reported Friday, citing CEO William Li.Li said Nvidia's automotive chips carry "very high gross margins," and in-house development could eventually lift NIO's profit despite higher initial research and development costs, according to the report.NIO and Nvidia didn't immediately respond to requests 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: $6.20, Change: $-0.08, Percent Change: -1.27%

$NIO$NVDA
Equities

Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Friday; Intel, Advanced Micro Devices to Advance

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before Friday's opening bell.Intel (INTC) rose by almost 28% pre-bell, after a 2.3% increase at Thursday's close. The chipmaker reported Q1 results above Wall Street's estimates and issued an upbeat Q2 outlook.Advanced Micro Devices (AMD) advanced by nearly 11% in premarket activity, following a 0.6% increase from Thursday's session.ServiceNow (NOW) was 1.3% higher in pre-bell hours, after closing Thursday with a 17.8% fall.Avis Budget Group (CAR) was up 3.1% hours before market open, swinging from a 48.4% fall from the previous session.Microsoft (MSFT) was 0.8% higher premarket, swinging from a decline of nearly 4% at Thursday's close.Tesla (TSLA) advanced by 0.8% pre-bell, after a 3.6% fall from the previous session.Nvidia (NVDA) was slightly higher premarket, following a 1.4% decline at Thursday's close.DTE Energy (DTE) was down 0.6% in premarket hours, swinging from a 2.7% increase from Thursday's session.

$AMD$CAR$DTE$INTC$MSFT$NOW$NVDA$TSLA
US Markets

Nasdaq, S&P 500 Retreat From Record Highs as Tech Shares Fall, Oil Climbs

The Nasdaq Composite and the S&P 500 pulled back from record highs on Thursday, dragged down by a sell-off in technology stocks, while oil prices rose.The Nasdaq fell 0.9% to 24,438.5, while the S&P 500 dropped 0.4% to 7,108.4, a day after both indexes notched record-high closing levels. The Dow Jones Industrial Average dropped 0.4% to 49,310.3. Tech saw the steepest decline among sectors, shedding 1.5%, while utilities paced the gainers with a 2.8% advance.ServiceNow (NOW) shares sank nearly 18%, the worst performer on the S&P 500, following its quarterly results.Shares of other major tech names also fell, with Salesforce (CRM) down 8.7%, the steepest decline on the Dow. Microsoft (MSFT) lost 4%, while tech bellwether Nvidia (NVDA) shed 1.4%.International Business Machines (IBM) followed Salesforce on the Dow, as the stock tumbled 8.3%. Late Wednesday, the technology giant maintained its full-year revenue growth outlook even as it reported first-quarter results above Wall Street's estimates.Tesla (TSLA) slumped 3.6% despite the company reporting stronger-than-expected first-quarter results. The electric vehicle manufacturer is ramping up its capital investments, which will result in a negative free cash flow for the rest of 2026, according to Chief Financial Officer Vaibhav Taneja.Tesla's aggressive capital spending on artificial intelligence initiatives should boost revenue, though it may take some time before those gains materialize, UBS Securities said in a Thursday note to clients.American Express (AXP) shares fell 4.3%, also among the biggest declines on the Dow, even as the payments company reported better-than-expected first-quarter results and reiterated its full-year outlook.West Texas Intermediate crude oil was up 3.7% at $96.37 per barrel in Thursday late-afternoon trade, on track for its fifth day of gains. Brent rose 3.8% to $105.82, extending its advance to a fourth day.US President Donald Trump ordered the US navy to "shoot and kill any boat" placing mines in the Strait of Hormuz, he said in a social media post on Thursday. Separately, Trump claimed that the US has "total control" over the key oil supply chokepoint.Trump extended a ceasefire with Iran earlier in the week, though he said the naval blockade of Iranian ports would continue. Iran's Islamic Revolutionary Guard Corps on Wednesday reportedly seized two tankers attempting to cross the Strait of Hormuz."Hopes for a resolution between the US and Iran are fading as peace talks stall," ING Bank said Thursday in a report. "If no progress is made, the market will become increasingly numb to the noise and headlines that have dictated price action recently."A second round of ceasefire talks between Israel and Lebanon was scheduled to take place at the White House on Thursday, according to media reports. On April 16, Trump announced a 10-day ceasefire between Israel and Lebanon.US Treasury yields were higher, with the 10-year rate up 2.2 basis points at 4.33% and the two-year rate rising 3.6 basis points to 3.84%.In economic news, government data showed weekly applications for unemployment insurance in the US increased more than expected, while continuing claims largely matched Wall Street's estimates."We remain of the mind that the conflict in Iran is unlikely to cause significant disruptions in the US labor market," Jefferies Chief US Economist Thomas Simons said in a note on Thursday. "There are many vulnerable points in the global economy that are at risk in the near-term due to potential shortages of all sorts of commodities, but for better or worse, the US economy is likely going to be the most insulated in the world."Gold was down 0.9% at $4,712.20 per troy ounce, while silver lost 3.2% to $75.46 per ounce.

Dow JonesNasdaq CompositeS&P 500$AXP$CRM$IBM$MSFT$NOW$NVDA$TSLA
Wire

Axe Compute Receives $260 Million Contract to Provide Nvidia B300 Chips; Shares Jump Pre-Bell

Axe Compute (AGPU) said Wednesday it has received a $260 million enterprise infrastructure contract to deploy 2,304 Nvidia (NVDA) B300 graphics processing units and storage infrastructure in a US tier 3 data center.Under the 36-month contract, Axe said it will deliver dedicated infrastructure to support large-scale AI model training, fine-tuning, and high-throughput inference workloads.Axe said it plans to deploy the GPUs in Q3 and that it has options to renew the contract for additional years.Shares of the company were up 117% in Wednesday premarket activity.

$AGPU$NVDA
Wire

Intel Poised for 'Slight Beat' Amid Solid Server CPU Demand, RBC Says

Intel (INTC) is expected to report a "slight beat" in its fiscal first-quarter results amid robust server central processing unit demand, RBC Capital Markets said in a note e-mailed Tuesday.On Thursday, the chipmaker is likely to post adjusted per-share earnings and revenue above RBC's projections for breakeven and $12.20 billion, respectively, for the March quarter, according to the brokerage. The current consensus on FactSet is for non-GAAP EPS of $0.02 and sales of $12.42 billion."We expect a slight beat/raise driven by strong server CPU demand," RBC analyst Srini Pajjuri said. "(Personal computer) market also appears to be holding up for now."First-quarter revenue in the company's data center and artificial intelligence segment is pegged at $4.3 billion, representing a 3% annual gain, with room for potential upside, according to RBC."While demand remains strong, management expected internal wafer supply constraints to be most acute in (the first quarter) which could limit near-term upside," Pajjuri wrote. "Recent media reports point to Intel raising prices which should help."For the current quarter, RBC expects Intel to issue an outlook above Wall Street's estimates of $13.1 billion in revenue and adjusted EPS of $0.09, driven by server CPU demand and improving wafer supply.The data center and AI business is projected to see sequential growth of 10% in the second quarter, with RBC seeing potential upside amid improving supply and healthy pricing. The brokerage expects server demand to continue to benefit from agentic AI and sees industry supply remaining "tight" through 2026, it said in the note.RBC maintained its sector perform rating on Intel's stock with a $48 price target.The company's shares were up 0.3% in Tuesday afternoon trade, bringing its year-to-gains to nearly 79%.Last year, the US government agreed to invest $8.9 billion in Intel's common stock as part of a deal to secure a stake in the company. Separately, Nvidia (NVDA) agreed to inject $5 billion in Intel under a collaboration that aims to develop new data center and PC chips.Price: $66.04, Change: $+0.34, Percent Change: +0.52%

$INTC$NVDA
Wire

BlackBerry's QNX Division Expands Collaboration With Nvidia; Shares Rise

BlackBerry's (BB) QNX division said Monday it has expanded its collaboration with Nvidia (NVDA) to further development of edge artificial intelligence across robotics, medical and industrial systems.The collaboration integrates the QNX OS for Safety 8.0 with Nvidia IGX Thor platform and the Halos Safety Stack, allowing developers to consolidate real-time controls and safety concepts into a microkernel-based real-time operating system, according to the QNX division.Financial details related to the expanded collaboration were not disclosed.Shares of BlackBerry were up 14% in Monday trading.Price: $5.55, Change: $+0.69, Percent Change: +14.12%

$BB$NVDA
Wire

Adobe Launches CX Enterprise to Streamline Customer Interactions

Adobe (ADBE) said Monday it unveiled CX Enterprise, an end-to-end agentic artificial intelligence system designed to help businesses manage their customer lifecycle workflows across fragmented platforms.The system targets to deliver better customer experiences and business results, the software firm said.Adobe is partnering with external platforms, including Amazon's (AMZN) Web Services, Alphabet-owned (GOOG, GOOGL) Google Cloud, Microsoft (MSFT), Nvidia (NVDA), International Business Machines (IBM), OpenAI and Anthropic to improve compatibility with existing enterprise environments, it said.The company also said it introduced the CX Enterprise Coworker application, which translates broad business goals into multi-step actions by coordinating various AI agents to assemble audiences, creative assets, and performance data.Shares of the company were up 2.6% in early Monday trading.Price: $250.67, Change: $+6.22, Percent Change: +2.54%

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Equities

Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Monday; AST SpaceMobile to Fall, Marvell to Rise

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Monday's opening bell.AST SpaceMobile (ASTS) tumbled by 13% premarket, after a 6% decline Friday. The company said the BlueBird 7 satellite was placed into a lower-than-planned orbit during the New Glenn 3 mission and will de-orbited.Strategy (MSTR) was 2.3% lower pre-bell, after closing the previous session with a roughly 12% jump.Rocket Lab (RKLB) was down 1.8% hours before market open, following a 2.3% increase from Friday's session.Nvidia (NVDA) fell by 1.2% in premarket activity, after a 1.7% increase from the previous session.Microsoft (MSFT) declined by 0.9% pre-bell, swinging from a 0.6% increase at Friday's close.Tesla (TSLA) was 0.7% lower in premarket hours, following a 3% gain from the previous session.Antero Midstream (AM) fell by 0.5% in pre-bell activity, following a 0.2% advance from the previous session.Marvell Technology (MRVL) advanced by 7.7% premarket, after a 4.7% rise from Friday's session. Alphabet's (GOOG, GOOGL) Google is negotiating with Marvell Technology to develop two new processors optimized for artificial intelligence inference tasks, The Information reported Sunday, citing two people with knowledge of the discussions.

$AM$ASTS$GOOG$GOOGL$MRVL$MSFT$MSTR$NVDA$RKLB$TSLA
Mining & Metals

Blackberry's QNX and NVIDIA Collaborating on AI Systems

QNX, a division of BlackBerry Limited (NYSE and TSX:BB) announced earlier Monday an expansion of its collaboration with NVIDIA to enable developers to "build and deploy next generation, safety critical edge" AI systems on NVIDIA IGX Thor.A statement noted the expanded relationship sees QNX OS for Safety 8.0 integrated with NVIDIA IGX Thor and Halos Safety Stack.QNX announced over the weekend that Chinese electric vehicle company, Leapmotor, has selected QNX technology to serve as the foundational software platform for its forthcoming premium electric SUV, the D19. Shares in BB were down 0.8% at last look in US premarket amid a lower U.S. futures market.

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