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Costco Results Will Be This Earning Season’s Last Look at the Consumer
Barrons.com86d agobearish
Costco Results Will Be This Earning Season’s Last Look at the Consumer

Costco Wholesale is the last major retailer to report results this earnings season. After multiple retailers noted, however cautiously, that consumers are still spending, investors will be looking to see if Costco does the same. For its fiscal third quarter, Costco is expected to earn $4.98 a share, a 16.3% increase from the year-ago period, on a 10% rise in revenue to $69.68 billion.

Goldman Sachs doubles down on S&P 500 message for 2026
TheStreet86d agoneutral
Goldman Sachs doubles down on S&P 500 message for 2026

The S&P 500 has already gained more than 9% this year. Goldman Sachs just said it's not done. In a note published May 26, the bank raised its year-end target for the index. It made a specific argument about what drove the decision, and it's something every equity investor should understand. ...

Analyst who predicted Micron rally has new message
TheStreet86d agobullish
Analyst who predicted Micron rally has new message

Shares of Micron Technology (MU) kept surging after the chipmaker posted its biggest one-day gain in more than a decade. The stock rose 3.6% on May 27, extending a massive rally after shares jumped 19.3% the previous day. Micron has now climbed roughly 77% over the past month, while the stock is up ...

Review & Preview: Oil Retreats
Barrons.com86d agoneutral
Review & Preview: Oil Retreats

All three major indexes spent the day inching toward fresh record highs as oil futures seemed to see an end in sight for the Iran war. The Nasdaq Composite Index closed up 0.1% to a new high of 26,674.73 on Wednesday. Today’s market wins were largely driven by the fact that oil futures were hovering at a six-week low on the news that the U.S. and Iran seem to be heading toward a deal to end the conflict and reopen the Strait of Hormuz.

Wall St posts record closing highs despite pause in AI rally
Reuters Videos86d agobullishVIDEO
Wall St posts record closing highs despite pause in AI rally

<body><p>STORY: All three of Wall Street's main indexes notched record closing highs on Wednesday despite muted gains.</p><p>The Dow climbed the most, adding more than a third of a percent, while the S&P 500 and Nasdaq ticked up marginally.</p><p>Rising healthcare and consumer stocks boosted the Dow, while investors took a pause from the AI rally.</p><p>:: Archive</p><p>And bank stocks slid after JPMorgan Chase CEO Jamie Dimon warned that expenses this year for the lender could be $1 billion higher than estimated.</p><p>Still, Jason Betz, private wealth advisor for Ameriprise Financial, points to financial stocks as primed for growth due in part to the benefits of AI.</p><p>"Where I really like the opportunity is where companies are going to be able to leverage more AI, not to cut jobs, but leverage AI to move the needle on employee productivity and push bottom line. I think financials, which have had a tough go of it, have opportunity, number one, because they are implementing more AI technologies, and number two, I think it's possible that the market is maybe sleeping on the fact that we're going to see, in all likelihood, big asset management fee revenue come in here over the coming months for these financial companies."</p><p>Among other movers, shares of Zscaler tumbled more than 31% after the cloud security firm projected fourth-quarter revenue below expectations.</p><p>Shares of Bath & Body Works jumped almost 10% after the retailer reported first-quarter sales and profit above expectations, while Abercrombie & Fitch advanced nearly 9% after posting a strong quarterly profit.</p><p>:: Marvell Technology</p><p>And shares of Marvell Technology, down 4.5% at the close, rose in extended trading after the company forecast quarterly revenue above estimates, signaling strong demand for its networking and custom silicon chips used in AI data center buildout.</p><p>:: Archive</p><p>Also on Wednesday, Goldman Sachs raised its 2026 year-end forecast for the S&P 500 to 8,000 from 7,600, citing continued strength in corporate earnings.</p></body>

Meta’s Plan to Fund Its AI Ambitions? You.
Barrons.com86d agoneutral
Meta’s Plan to Fund Its AI Ambitions? You.

Meta Platforms stock was rising on Wednesday after the tech giant announced that it is introducing subscription plans for its social media apps and its Meta AI chatbot. The move could help offset some of the costs of its massive spending on artificial intelligence. Naomi Gleit, head of product at Meta, said in a video posted to Instagram on Wednesday that the company is starting to roll out paid subscription options to users of its social platforms.

Trading Day: Pause before PCE
Reuters86d agoneutral
Trading Day: Pause before PCE

By Jamie McGeever ORLANDO, Florida, May 27 (Reuters) - World stocks eked out new highs while major markets such as the S&P 500, U.S. dollar and Treasuries were largely steady on Wednesday as investors

Open Sesame — Heard on the Street Recap
The Wall Street Journal86d agoneutral
Open Sesame — Heard on the Street Recap

Oil prices fell on a new report of progress in negotiations. Iran’s state broadcaster reported that a draft framework being negotiated with the U.S. includes restoring commercial shipping to prewar levels within a month. President Trump, speaking at a cabinet meeting, signaled that he was prepared to keep negotiating but didn’t exclude further military action.

'Narrow' leadership is creating more fragility in markets
Yahoo Finance Video86d agoneutralVIDEO
'Narrow' leadership is creating more fragility in markets

US stocks (^DJI, ^IXIC, ^GSPC) managed to close Wednesday trading in positive territory, all three of the indexes eking out fresh record highs. Looking back on the latest earnings season, Northwestern Mutual Wealth Management chief portfolio manager Matt Stucky comes on Market Domination Overtime to describe the sort of "narrow" leadership forming in an already "fragile" market.

Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK
24/7 Wall St.86d agoneutral
Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

There’s a tech ETF that has been almost neck-and-neck with the S&P 500 in the past year and has built up a meaningful lead over the past five years. It’s the Vanguard’s Mega Cap Growth ETF (NYSEARCA:MGK). This ETF tracks the price of the CRSP US Mega Cap Growth Index, which in turn tracks companies ... Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK