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Stock Market Today (LIVE): What Inflation Can’t Kill (So Far); AMD Caught Buying Marvell Stock


📌 Top story — scroll down for more updates

Most-Doubted Brazilian Fintech Keeps Delivering

4:21 pm — PAGS -11.80% today

Yasser El-Shimy

By Yasser El-Shimy
Team Rule Breakers

Brazilian fintech leader PagSeguro Digital Ltd. (PAGS 11.76%) saw revenue expanding 6.4% year-over-year to R$3.33 billion, while recurring net income rose 4% to R$575 million. The standout metric was the explosive 35.9% year-over-year growth in its credit portfolio, which reached R$5.0 billion, driven by a 41% surge in banking segment revenue. Impressively, PagSeguro maintained strict underwriting discipline; its NPL90 ratio stood at 3.05%, significantly outperforming the Brazilian market average of 5.7% for non-earmarked credit operations.

Closing Bell

4:10 pm

The S&P 500 hit a new all-time high Wednesday — inflation be darned. April’s producer price index (PPI) jumped 1.4%, the biggest monthly spike since March 2022, and the market basically shrugged. The Nasdaq added 1.2%, with Nvidia (NVDA +2.33%) up 2% and Micron Technology (MU +4.72%) popping 4%-plus. About two-thirds of S&P 500 stocks still fell, though — so this was very much a chip party, not a broad rally. Home Depot (HD 2.51%) and JPMorgan (JPM 1.42%) were among the wallflowers.

  • Huang goes to Beijing: Nvidia’s CEO tagged along on President Trump’s China trip, and investors immediately got to dreaming of Nvidia chips flowing back into Chinese AI markets, even as one Baird strategist urged them to keep expectations “fairly muted.”
  • Even chip bulls are watching the clock: The same Baird strategist warned that semiconductor stocks can’t ignore the macro forever — and if the Iran-driven oil shock drags on, traders may decide it’s time to pocket gains.

AMD Is Now a Marvell Shareholder

3:30 pm — MRVL +8.58%, AMD +0.04%

Marvell Technology (MRVL +8.18%) is up 9% Wednesday and back in record-high territory — and it didn’t get there alone. Advanced Micro Devices (AMD 0.67%) quietly disclosed it bought 65,516 shares of MRVL worth about $11.6 million. When a rival chipmaker starts buying your stock, it’s worth taking note. It could be that a deeper partnership is brewing.

  • More partners than a law firm: “Marvell is cementing itself at the core of hyperscale AI infrastructure,” Motley Fool analyst Jason Moser wrote in April. Marvell has recently announced an NVLink Fusion partnership with Nvidia (NVDA +2.33%) — backed by a $2 billion investment — entered talks with Alphabet (GOOG +3.96%) to co-develop custom AI inference chips, and acquired plasmonics firm Polariton Technologies to push optical interconnects beyond 3.2T speeds.
  • BofA piled on: Bank of America (BAC 1.86%) raised its MRVL price target from $125 to $200, pointing to booming demand for Marvell’s AI networking gear. The stock isn’t cheap after a 126% run from March lows. Patient investors might want to let the froth settle before jumping in as MRVL’s volatile stock should offer more attractive entry points.
Advanced Micro Devices Stock Quote

Today’s Change

(-0.67%) $-2.99

Current Price

$445.30

Marvell Technology Stock Quote

Today’s Change

(8.18%) $13.45

Current Price

$177.95

Is Novo Nordisk’s Comeback for Real?

3:11 pm — NVO +0.17%

Novo Nordisk (NVO +0.17%) has had a rough couple of years — down more than 60% from its peak — but the stock has been acting a lot more alive lately. Q1 results beat already-dreary expectations, thanks largely to oral Wegovy, which signed up two million patients in its first few months on the market. At 13.6x forward earnings versus a sector average of 16.8x, the valuation isn’t exactly screaming danger. In the Moneyball Hidden Gems biotech database, NVO has a Value score of 46 — attractively valued “considering its historical performance and multiples relative to its large-cap pharmaceutical peers,” according to the database. Its “strong position” is underpinned by the company’s “dominance and intense focus” on the high-growth GLP-1 obesity and diabetes market,” the database notes.

  • The weight-loss arms race isn’t over: A new high-dose Wegovy just got approved, giving NVO a sharper answer to Eli Lilly’s (LLY +2.53%) Zepbound. The two are very much still scrapping for the same patients’ medicine cabinets.
  • The pipeline could change everything: CagriSema is waiting in the wings for approval, Amycretin plays tricks on two gut hormones at once, and UBT251 — a triple hormone mimic — just posted eye-catching Phase 2 data. If one of these lands, NVO’s “has-been” narrative gets a lot harder to sustain and the market could send the share price higher.
Novo Nordisk Stock Quote

Today’s Change

(0.17%) $0.08

Current Price

$47.08

Wait, Ford Is Also an AI Stock Now?

2:38 pm — F +14.38%

Trucks? So last year. Ford (F +13.22%) jumped about 10% Wednesday after Morgan Stanley (MS +1.02%) suggested the automaker might be pivoting into energy storage — specifically, powering AI data centers. Ford recently licensed battery tech from Chinese giant CATL, and MS thinks Ford will flip that into grid-scale storage deals with hyperscalers rather than, say, more F-150s.

  • The Tesla playbook: Tesla (TSLA +2.71%) makes roughly twice the profit margin on energy as it does on cars — MS thinks Ford could run the same play, projecting $500M–$600M in annual operating profit from energy storage alone.
  • Don’t hold your breath just yet: No deals exist — MS is penciling in contracts it expects Ford to announce “over the next few months.” If those materialize, the Ford you thought you knew might look very different by year-end.
Ford Motor Company Stock Quote

Today’s Change

(13.22%) $1.58

Current Price

$13.57

Nebius Crushes Estimates, Builds Out

2:16 pm — NBIS +18.82%

Nebius (NBIS +15.88%) just dropped a earnings report that made Wall Street do a double-take: Q1 revenue of $399 million — up 684% year-over-year — crushed the $375 million consensus, and its net loss of about $100 million was way better than the $174 million analysts feared. The stock jumped more than 18%. Oh, and the company also announced a shiny new Pennsylvania data center packing up to 1.2 GW of power.

  • 134% YTD and still hungry: Nebius raised its power capacity guidance to over 4 GW by year-end and reaffirmed $3B–$3.4B in full-year revenue. With $9.3 billion in cash, it has the firepower to keep building.
  • What could go wrong? At about 16.0x forward revenue and already above its $177 consensus price target, this stock isn’t cheap. Nebius offers full-stack AI cloud, agentic workloads, and stakes in other AI companies — but after a parabolic run, sizing your position wisely is the Foolish move.
Nebius Group Stock Quote

Today’s Change

(15.88%) $28.44

Current Price

$207.55

Microsoft’s LinkedIn Cuts 5% of Staff

1:05 pm — MSFT -0.5%

Microsoft (MSFT 0.63%) subsidiary LinkedIn is laying off roughly 5% of its workforce, affecting nearly 900 employees as the professional network reorganizes for a shifting economic landscape. Paradoxically, the cuts arrive just as LinkedIn reported a 12% revenue acceleration in its latest quarter, driven by strong demand for recruiting tools. While insiders suggest the move isn’t a direct replacement of humans with artificial intelligence, the decision mirrors a broader 2026 trend. Companies like Meta Platforms (META +2.31%) and Cloudflare (NET +3.36%) are similarly tightening belts, with sector-wide layoffs already exceeding 100,000 this year as firms pivot resources toward emerging high-growth initiatives.

  • Efficiency Over Expansion: The restructuring highlights a “new normal” where even profitable units are forced to streamline operations to satisfy investor demands for margin expansion.
  • The Looming AI Shadow: While LinkedIn denies AI is the culprit, the broader software industry is increasingly using automated coding and generative tools to maintain output with fewer personnel.

Samsung Strike Fears Fuel Micron Dip

1:10 pm — MU +3.7%

Micron Technology (MU +4.72%) just survived a $100 billion market-cap “stress test,” as aggressive buyers stepped in to reverse a near-breakdown. Despite a bearish “evening star” candlestick pattern, shares rallied as an 18-day strike threat at rival Samsung raised scarcity fears for high-bandwidth memory. The quick rebound across the sector pushed Nvidia (NVDA +2.33%) and Broadcom (AVGO 0.60%) back toward records, signaling that investor appetite for the AI-memory trade remains ravenous. While Micron remains up 170% this year, the volatility suggests the $700 zone is now the critical line in the sand for the semiconductor bull run.

  • Technical Tug-of-War: Market watchers noted a massive lower “tail” on Micron’s chart, a sign that institutions are aggressively defending the AI-memory bellwether at lower price points.
  • Scarcity Premium: Supply disruptions at global competitors reinforce the bull case for Seagate Technology (STX +1.05%) and Western Digital (WDC +1.09%) as storage demand outpaces production.
Micron Technology Stock Quote

Today’s Change

(4.72%) $36.20

Current Price

$802.78

Claude Moves Into Small Business Tech

12:20 pm

Anthropic is aggressively expanding into the enterprise sector with “Claude for Small Business,” a tool integrating directly into platforms like Intuit (INTU 4.16%), DocuSign (DOCU 0.21%), and Microsoft (MSFT 0.63%). While these partnerships offer immediate utility for payroll and bookkeeping, they come with a chilling warning: Anthropic CEO Dario Amodei predicts some SaaS firms will go bankrupt if they fail to adapt to the AI shift. With a massive $30 billion revenue run rate and an IPO potentially looming, Anthropic is no longer just a partner but a predatory threat to traditional vendors like Salesforce (CRM 3.19%) and ServiceNow (NOW 2.13%), which have seen shares slide amid these mounting concerns.

  • Explosive Enterprise Adoption: The startup doubled its count of $1 million-plus annual contracts to over 1,000 in just two months, signaling a rapid migration of corporate budgets toward generative AI.
  • The Integration Paradox: By embedding Claude into PayPal (PYPL 0.49%) and Alphabet (GOOG +3.96%) Workspace, Anthropic makes itself indispensable while simultaneously auditioning to replace the very interfaces it currently inhabits.

Rivian’s Robotics Spinout Hits $3.4B

12:10 pm — RIVN +4.1%

Rivian Automotive (RIVN +2.29%) is seeing its strategic bets pay off as its spinout, Mind Robotics, secured a $3.4 billion valuation in a fresh $400 million funding round. Led by Kleiner Perkins, the investment highlights a massive appetite for AI-driven factory automation. Mind Robotics utilizes Rivian’s high-volume production facilities as a real-world laboratory to train foundation AI models and deploy purpose-built industrial bots. This “live” training environment gives the startup a competitive edge in modernizing manufacturing, potentially providing Rivian with a significant valuation tailwind as industrial companies race to automate.

  • Rapid Capital Acceleration: The startup has amassed over $1 billion in total funding in less than a year, fueled by elite Silicon Valley firms like Meritech and Redpoint.
  • Manufacturing Synergy: By serving as the primary testing ground, Rivian gains early access to cutting-edge robotics that could sharply reduce its own production costs.

Jensen Huang Hunts for Superintelligence

11:30 am — NVDA +2.5%

Nvidia (NVDA +2.33%) is doubling down on reinforcement learning through a deep engineering partnership with British startup Ineffable Intelligence. Founded by former Alphabet (GOOG +3.96%) DeepMind scientist David Silver, Ineffable aims to move beyond human-data training toward “superlearners” that discover knowledge via trial and error. Nvidia is co-designing specialized infrastructure using its Grace Blackwell and Vera Rubin platforms to support this shift. As top talent flees Big Tech labs to launch independent ventures, Nvidia is positioning its hardware as the indispensable foundation for this next sovereign AI frontier, participating in Ineffable’s record $1.1 billion seed round alongside venture giants.

  • Algorithmic Evolution: This collaboration focuses on systems that learn from experience rather than language, potentially solving the “hard problem” of AI by allowing bots to generate original insights autonomously.
  • Capital Flight from Silicon Valley: The rise of Ineffable and Meta Platforms (META +2.31%) veteran Yann LeCun’s AMI Labs signals a massive reshuffling of AI intellectual property toward well-funded, agile startups.

Alibaba’s EPS Drops 95%, Stock Rises 7%

11:25 am — BABA +7.1%

Yasser El-Shimy

By Yasser El-Shimy
Team Rule Breakers

Chinese technology/e-commerce giant Alibaba Group (BABA +8.10%) delivered a jarring Q4 FY2026 earnings report, revealing that aggressive artificial intelligence and cloud infrastructure spending has effectively decimated near-term profitability. While overall revenue grew a modest 3% year-over-year to 243.38 billion yuan ($35.28 billion), adjusted diluted earnings per ADS collapsed by a staggering 95% to just $0.09, drastically missing the $0.90 consensus.

However, don’t be deceived by the headlines. There’s a reason the stock is up roughly 7% regardless.

Wix Plunges 30% on Massive EPS Miss

10:20 am — WIX -30.4%

Matt Frankel, CFP®

By Matt Frankel, CFP®
Team Hidden Gems

Wix.com (WIX 26.73%) posted solid top-line growth in its fiscal first quarter but handed investors a jarring earnings miss, signaling that its current investment cycle is weighing heavily on profitability.

Revenue rose 14% year over year to $541 million, with the company’s business solutions segment — which includes e-commerce tools and payment processing — growing 17% to lead the way. Its partners channel, which serves web design agencies and developers, also grew 19%. Together, those segments show that Wix is successfully pushing upmarket beyond its roots as a DIY website builder. Yet the revenue figure still came in short of analyst expectations of roughly $544 million, and the bigger shock was on the bottom line.

Non-GAAP earnings per share landed at $0.68, less than half the $1.22 Wall Street had penciled in, as research and development costs jumped 40% and sales and marketing spending surged 79% compared to the prior year. Those investments are funding Wix’s aggressive AI push, including its Harmony website creation platform and Base44 — an AI-powered app-building tool it acquired in 2025 that lets users build functioning apps without writing code. Base44 hit $150 million in annualized recurring revenue by May, up from $100 million just months earlier, suggesting the product is gaining traction fast, even as it compresses margins in the near term.

Wix.com Stock Quote

Today’s Change

(-26.73%) $-20.28

Current Price

$55.60

Amazon Search Bar Turns Into Q&A Engine

10:10 am — AMZN +0.1%

Amazon (AMZN +1.61%) is shuttering its Rufus chatbot in a major strategic pivot, making a revamped Alexa assistant the centerpiece of its generative AI shopping experience. The new “Alexa for Shopping” tool integrates search results with a conversational Q&A engine, allowing users to compare products side-by-side and automate purchases based on price triggers. By leveraging proprietary data like real-time inventory and delivery estimates, Amazon aims to outpace shopping agents from Alphabet (GOOG +3.96%) and OpenAI. However, the shift to bot-led recommendations creates fresh uncertainty for third-party sellers who currently drive Amazon’s high-margin advertising revenue through traditional sponsored listings.

  • Monetizing the Conversation: While the agent aims to streamline the “side quest” of shopping, executives confirm Alexa will still inject ads into chat results to protect the company’s vital advertising segment.
  • The Walled Garden Defense: Unlike competitors, Amazon is restricting external bots from scraping its site, forcing consumers to stay within its ecosystem to access verified customer reviews and fulfillment data.
Amazon Stock Quote

Today’s Change

(1.61%) $4.28

Current Price

$270.10

Opening Bell

9:35 am — NVDA +1.9%, AMD +0.4%, MU +4.6%

The Dow retreated Wednesday as a shocking 1.4% jump in April’s producer price index sent Treasury yields to a 10-month high. While wholesale inflation soared 6% annually, the Nasdaq found refuge in a semiconductor rally. Nvidia (NVDA +2.33%), Advanced Micro Devices (AMD 0.67%), and Micron Technology (MU +4.72%) all traded higher following news that Jensen Huang accompanied President Trump to China. This high-stakes diplomacy has reignited hopes for a breakthrough regarding H200 chip exports, even as broader sectors like banking and retail buckle under the weight of energy-driven costs from the ongoing Iran conflict.

  • Inflationary Ripple Effect: Economists warn that the massive spike in producer costs–the largest since 2022–will inevitably bleed into consumer prices, complicating the Federal Reserve’s interest rate path regardless of leadership changes.
  • Geopolitical Alpha: The presence of the world’s most influential tech CEO on a presidential trip suggests that silicon diplomacy is now a primary driver of market sentiment.

Today’s Take: Crash-Proof Stocks

8:00 am — AMZN +0.17% in pre-market trading

Here’s a sneak preview, but head to the article to reveal the stocks you’d feel comfortable holding through a market crash, or to submit questions to any of the featured analysts today!

Yasser El-Shimy

By Yasser El-Shimy
Team Rule Breakers

Ideally, all stocks in my well-diversified portfolio should be stocks I am prepared to hold through a crash. But if I were to name one, it would have to be Amazon (AMZN +1.61%). This is a company that nearly touches all different facets of our life: shopping, cloud computing, semiconductors, entertainment, groceries, and even AI (through its stake in Anthropic). Amazon has over the past two decades laid the foundations of sustainable competitive advantages by investing in logistics, warehouses, data centers, and automation. I have held shares of Amazon through thick and for nearly 15 years, and it is the kind of business that I can sleep well at night owning during a market crash.

This Morning’s Breakfast News

7:30 am — WIX -12.36% in pre-market trading

Wix.com (WIX 26.73%) reported a 14% rise in first-quarter revenue year over year (YoY) this morning, to reach $541 million, while bookings grew 15% YoY. Despite a growing threat to the website builder from AI competition, management still expects 2026 to deliver mid-teens percentage growth in bookings and revenue. The company repurchased approximately 30% of its outstanding shares in April, on the back of a weak stock price – which dipped over 10% in an early response to this update.

  • “Innovation in the web and app building space has accelerated”: CEO and co-founder Avishai Abraham also told us, “We recently built our own proprietary LLM that is now powering [website editor] Wix Harmony.” Coding platform Base44 is pitched as “a leader in AI-powered innovation,” including superagents and a native AI assistant.
  • Anthropic “formally announced the rollout of Claude Design”: Earlier this month, Fool contributing analyst Eric Volkman probed Wix.com’s share price weakness, noting Claude Design’s claimed ability “to create polished visual work like designs, prototypes, slides, one-pagers, and more” is similar to some Wix offerings.

Wix.com's revenue over 3 years

McDonald’s Park Coming to Chicago in 2028

6:45 am — MCD +0.17% in pre-market trading

McDonald’s (MCD +0.24%) is deepening its Chicago roots by securing naming rights for the Chicago Fire’s new $750 million soccer-specific stadium. Scheduled to open in 2028 at “The 78” riverfront development, the 22,000-seat “McDonald’s Park” marks the fast-food giant’s first major professional stadium partnership in the U.S. The deal includes a 20,000-square-foot flagship restaurant open year-round and integrated digital fundraising for the Ronald McDonald House.

  • Local Economic Anchor: As Chicago’s largest public company by market cap, McDonald’s is utilizing this 14-year deal to lock in prime real estate and year-round foot traffic within a burgeoning mixed-use district.
  • Global Brand Synergy: The partnership aligns with the company’s broader push into international sports, following its sponsorship of the FIFA World Cup 2026, which aims to drive digital app engagement through live event integration.
McDonald's Stock Quote

Today’s Change

(0.24%) $0.67

Current Price

$275.51

ICYMI: Tuesday’s Scoreboard

5:45 am — GLOB +2.02% in pre-market trading

Globant (GLOB 8.35%) was the subject of the latest Scoreboard video.

Walmart Consolidates Tech Under New AI Chief

5:30 am — WMT -0.25% in pre-market trading

Walmart (WMT +0.92%) is cutting or relocating approximately 1,000 corporate roles as it integrates its global technology and product teams. Led by new AI chief Daniel Danker and tech head Suresh Kumar, the restructuring aims to eliminate redundant workflows and centralize staff in Bentonville and Northern California. While the company insists these moves are structural rather than a direct replacement of humans with AI, the shift follows a pattern of streamlining seen at tech giants like Meta (META +2.31%) and Amazon (AMZN +1.61%). The nation’s largest employer is betting that a unified tech platform will significantly lower marginal costs as it scales its digital and advertising businesses.

  • Efficiency Multiplier: By merging platforms across Sam’s Club and international units, Walmart aims to accelerate software deployment to better compete with the logistics speed of Target (TGT +0.68%).
  • Margin Expansion Play: This consolidation is a tactical move to pivot away from low-margin retail sales toward high-margin services, mirroring the cloud-and-ad success seen at Alphabet (GOOG +3.96%).
Walmart Stock Quote

Today’s Change

(0.92%) $1.20

Current Price

$131.55

Cerebras Eyes $4.8B in Biggest IPO of 2026

4:15 am

Cerebras is poised to price its initial public offering above its heightened $150 to $160 range this Wednesday as investor appetite reaches a fever pitch. The 30-million-share offering, set to raise $4.8 billion, has reportedly drawn orders exceeding supply by more than 20 times. This debut marks the largest U.S. IPO of 2026, fueled by a dramatic financial turnaround where the company swung from a $484.8 million loss to $87.9 million in net income. As the AI hardware race intensifies, the market is eager to see if this newcomer can chip away at the dominance of Nvidia (NVDA +2.33%).

  • Growth Trajectory Ignition: Revenue surged to $510 million in 2025, signaling that Cerebras is successfully converting AI hype into tangible scale against legacy players like Intel (INTC 0.21%).
  • Capital War Chest: The multibillion-dollar windfall provides the liquidity needed to challenge the R&D spending of Advanced Micro Devices (AMD 0.67%) in the high-end data center market.

Before the Opening Bell

4:00 am

Stock futures climbed as investors navigated a complex landscape of rising costs and geopolitical strife. Tuesday’s trading ended lower after April’s 3.8% inflation reading reinforced expectations that the Federal Reserve will maintain current interest rates. Markets now eye Wednesday’s wholesale inflation data and the Senate confirmation of Kevin Warsh as Federal Reserve chair.



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