The membership-based retailer's sales are accelerating, not slowing -- but the stock's valuation still leaves little room for error.
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The Hawaiian deal gives Alaska Air a path to more premium and international revenue. Investors still have to weigh how much of that growth remains after fuel costs.
May 26 (Reuters) - Goldman Sachs on Tuesday raised its year-end 2026 target for the S&P 500 index to 8,000, up from 7,600, citing stronger earnings expectations following an exceptionally robust first
Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. It topped 66,000 for the first time in intraday trading. Computer chip equipment maker Tokyo Electron's shares jumped 5.9% and testing equipment maker Advantest gained 5.7%.
By Junko Fujita TOKYO, May 27 (Reuters) - Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other
Markets have been closely tracking developments in the Middle East, with the U.S.-Iran war now in its 13th week.
Historical patterns may offer us clues about the future.
Goldman Sachs is sounding the alarm on what it sees as a dangerous concentration in the artificial intelligence-driven stock market rally. In a May 15 report, Goldman Sachs strategist Ben Snider said the S&P 500 has climbed 10% this year, but the gains have become heavily concentrated in ...

<body><p>STORY: It was a mostly upbeat Tuesday on Wall Street, despite a slight move downward for the Dow. The S&P 500 climbed about six-tenths of a percent and the tech-heavy Nasdaq added roughly 1.2%, with both indexes closing at record highs.</p><p>AI-fueled optimism offset concerns over Middle East peace talks, which were compounded by recent U.S. strikes on Iran.</p><p>:: Micron</p><p>Semiconductor stocks continued to lead the charge, with Micron Technology soaring 19%, hitting $1 trillion in market value for the first time after UBS more than tripled its price target on the stock.</p><p>But Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, finds the narrowness of market gains concerning.</p><p>"Just to paint a picture of the contrast in the markets from pre-Iran conflict to post, if you look through the market for the first couple of months this year, 65% of companies were outperforming the index. Since the conflict commenced at the end of February, just 24% of companies are outperforming the S&P 500. [FLASH] Any time you see a market that becomes more narrow, as a portfolio manager, as an investor, you start to question the longevity and resilience of that market."</p><p>Sticking with chip makers, shares of Qualcomm rose almost 4.5% after Bloomberg News reported the company reached a deal with TikTok owner ByteDance to supply chips. </p><p>Elsewhere in the market, shares of AutoZone tumbled nearly 9% - despite the company reporting quarterly profit and revenue that beat estimates - as higher costs and inventory investments continued to pressure margins.</p></body>
US stock futures wavered as investors watched for updates on negotiations between the US and Iran.
In the closing of the recent trading day, FedEx (FDX) stood at $400, denoting a +1.47% move from the preceding trading day.
In the most recent trading session, RH (RH) closed at $138.46, indicating a +1.5% shift from the previous trading day.
The latest trading day saw Signet (SIG) settling at $84.05, representing a +2.99% change from its previous close.
In the closing of the recent trading day, Kroger (KR) stood at $64.55, denoting a -4.01% move from the preceding trading day.
In the most recent trading session, AZZ (AZZ) closed at $141.5, indicating a +2.61% shift from the previous trading day.
Firefly Aerospace is selling 4 million shares, and has a deal to help NASA prepare for its permanent presence on the moon.
Both Cisco Systems (CSCO) and NVIDIA (NVDA) delivered robust earnings releases this cycle, posting record results thanks to favorable trends stemming from the AI buildout.
SLB (SLB) closed the most recent trading day at $57.98, moving +1.22% from the previous trading session.
Accenture (ACN) reached $177 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.
Record Q1 revenue and a $1.1 billion backlog gave Intuitive Machines a strong operating backdrop, but NASA’s rover awards to Lunar Outpost and Astrolab shifted attention to backlog conversion and the next round of lunar infrastructure work.
Peloton’s new finance chief arrives as cost cuts redefine its outlook, today, May 26, 2026.
The S&P 500, Nasdaq and Russell 2000 hit new highs as Micron surged to top a $1 trillion market cap. Caterpillar, Viavi flashed buy signals.
Micron Technology and ON Semiconductor were the top gainers in the S&P 500, rising 19% and 9.3% respectively. Bonds rose and oil prices were mixed as the outcome of Iran negotiations remains unclear. The 10-year Treasury yield declined 0.080 percentage point to 4.490%.
It provided key details of a closely watched upcoming IPO.