SpaceX targets $1.75T IPO, Oracle stock falls on AI spending, OpenAI files for public listing, and inflation crosses 4%. Key market stories today.
U.S. stocks rise ahead of SpaceX IPO. Oracle (ORCL) stock falls 11% on cloud miss. Inflation hits highest level since 2022. Iran strikes continue.
ExxonMobil (XOM) stock rises as institutions increase stakes. Q1 EPS of $1.16 beats estimates, while analysts maintain $165.55 target with 2.7% dividend yield.
Dollarama (DOL) stock jumped 8% after posting Q1 fiscal 2027 results that beat expectations on earnings, revenue, and comparable store sales growth.
Lam Research (LRCX) stock reached an all-time high after beating Q3 earnings estimates. Analysts raised targets as institutional investors increased stakes.
Uber (UBER) stock dropped 33% to $68, but 49 analysts rate it Buy with $106.80 target. Robotaxi deals and World Cup could drive 52% upside.
BofA keeps Buy rating on Meta (META) stock with $835 target. AI model development and product adoption are crucial for upside. Current price: $570.98.
Ross Stores (ROST) stock reached an all-time high of $237.44 after Q1 earnings beat expectations. Analysts raised targets, with Truist hitting $290.
Canaan (CAN) stock analysis: May 2026 mining update shows record 1,867 BTC treasury, 90 BTC mined, 13.5% efficiency gains, and strategic Nordic expansion.
Polymarket partners with Liga MX and Genius Sports before the 2026 World Cup. Early crypto bets top $170K as prediction markets challenge traditional sportsbooks.
Applied Materials (AMAT) stock climbs 4.7% after Barclays raises target to $590, projecting $154B wafer fab equipment market driven by AI chip demand.
Alphabet (GOOGL) is negotiating with Samsung for its Icefish AI chip production, while TSMC handles the computing core using 1.4nm technology by 2028.
Coherent (COHR) & Lumentum (LITE) stock fell 15% from June highs. JPMorgan reaffirms Overweight ratings, sees buying opportunity amid optics momentum.
Nvidia (NVDA) stock advances healthcare AI through Abridge partnership, building clinical conversation models with open Nemotron technology.
Deutsche Telekom (DTEGY) stock dropped 3.9% on reports CEO Tim Höttges is fast-tracking a T-Mobile US merger ahead of his planned 2028 retirement.
IBM and ServiceNow expand partnership to accelerate enterprise AI adoption through legacy modernization and data governance solutions launching H2 2026.



