TEM News & Events

The major averages closed mixed as traders remain optimistic about a possible end to the U.S.-Iran war, particularly amid renewed signals that a new round of talks could resume within days as well as tentative reports of a ceasefire extension. This has kept oil capped below the recent highs and prevented another spike in inflation expectations, even though the broader conflict remains unresolved.Meanwhile, investors are weighing corporate earnings, with major lenders Bank of America and Morgan Stanley leading the way with Q1 beats.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Bank of Americaprovided areport for Q1Morgan Stanleyreported, with the company saying it is entering 2026 from a position of strengthBroadcomand Metaannounced an expanded partnership overBRPfollowing the recent amendment of Section 232 tariffs on steel, aluminum and copper imports into the U.S.ASMLreported ain Q1 earnings and revenue2. WALL STREET CALLS:Cloudflareto Overweight at Piper SandlerSolarEdgeto Sell at Goldman Sachs on challenging valuationCitiAdientto Buy, opened "90-day upside catalyst watch"Shift4 Paymentsto Peer Perform at Wolfe ResearchDA DavidsonSymboticto Buy on "unparalleled" AI tech moat3. AROUND THE WEB:A jury has found that Live Nationmonopolized the ticketing market, Bloomberg reportsSazerac offered to acquire Brown-Formanfor $32 per share, WSJ reportsAMD, Arm, and Qualcommare investing $60M in Wayve as an extension of its $1.2B Series D round, TechCrunch reportsStellantismulls carmaking deal with Dongfengin Europe, China, Bloomberg saysAnthropic has fielded multiple offers from VCs valuing the company at as much as $800B in recent weeks, Business Insider says4. MOVERS:Oklowas higher after announcingWebullgained after theto remove day-trading limit for investorsTempus AIincreased after announcing an expansion of itsTeraWulfwas lower afterDauchfell after TD Cowenits price target to $7 from $85. EARNINGS/GUIDANCE:Orionbacked itsM&T Bank, with Daryl Bible, M&T's CFO commenting, "M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter"NOV Inc.and earnings guidance below prior guidanceSnapprovidedGloo, backed its guidance for Q1, and raised its outlook for FY26INDEXES:The Dow fell 72.27, or 0.15%, to 48,463.72, the Nasdaq gained 376.93, or 1.59%, to 24,016.02, and the S&P 500 advanced 55.57, or 0.80%, to 7,022.95.

The major averages were mixed near noon, with the Dow Jones Industrial Average in the red and the S&P 500 and Nasdaq trading higher. Traders remain optimistic about a possible end to the U.S.-Iran war, particularly amid renewed signals that a new round of talks could resume within days as well as tentative reports of a ceasefire extension. This has kept oil capped below the recent highs and prevented another spike in inflation expectations, even though the broader conflict remains unresolved.Meanwhile, investors are weighing a new slate of corporate earnings, with major lenders Bank of America and Morgan Stanley leading the way with Q1 beats.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Bank of Americaprovided areport for Q1Morgan Stanleyreported, with the company saying it is entering 2026 from a position of strengthBroadcomand Metaannounced an expanded partnership overBRPfollowing the recent amendment of Section 232 tariffs on steel, aluminum and copper imports into the U.S.ASMLreported a year-over-year increase in2. WALL STREET CALLS:Cloudflareto Overweight at Piper SandlerSolarEdgeto Sell at Goldman Sachs on challenging valuationCitiAdientto Buy, opened "90-day upside catalyst watch"Shift4 Paymentsto Peer Perform at Wolfe ResearchDA DavidsonSymboticto Buy on "unparalleled" AI tech moat3. AROUND THE WEB:AMD, Arm, and Qualcommare investing $60M in Wayve as an extension of its $1.2B Series D round, TechCrunch reportsVolkswagenis preparing for even tougher competition in China, where the car market could shrink for the first time in a decade, Reuters reportsStellantismulls carmaking deal with Dongfengin Europe, China, Bloomberg saysUberCTO Praveen Neppalli Naga says the company's surging use of AI coding tools has maxed out its full-year AI budget just a few months into 2026, The Information reportsAnthropic has fielded multiple offers from VCs valuing the company at as much as $800B in recent weeks, Business Insider says4. MOVERS:Oklohigher afterto its board of directorsWebullgains after theto remove day-trading limit for investorsTempus AIincreases afterof its GenoPredicta with Predicta BiosciencesTeraWulflower after announcing aDauchfalls after TD Cowento $7 from $85. EARNINGS/GUIDANCE:Orionfor FY26 and FY27M&T Bank, with Daryl Bible, M&T's CFO commenting, "M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter"NOV Inc.and earnings guidance below prior guidanceSnapGloo, backed its guidance for Q1, and raised its outlook for FY26INDEXES:Near midday, the Dow was down 0.40%, or 192.72, to 48,343.27, the Nasdaq was up 1.06%, or 250.76, to 23,889.84, and the S&P 500 was up 0.45%, or 31.46, to 6,998.84.

Tempus AI and Predicta Biosciences announced the commercial expansion of a co-branded whole-genome sequencing, WGS, assay, currently known as GenoPredicta, intended for the comprehensive genomic characterization of hematologic malignancies and measurable residual disease, MRD, monitoring. "GenoPredicta offers a novel, unified solution for our life science partners and a comprehensive replacement for traditional, siloed testing," said Kate Sasser, PhD, Chief Scientific Officer at Tempus. "By consolidating flow cytometry, cytogenetics, and WGS into one ultrasensitive workflow, we can identify high-risk biomarkers and track clonal evolution from as few as 50 tumor cells. Crucially, because the assay delivers 100% concordance between peripheral blood and bone marrow, it can provide these deep insights while sparing patients from biopsies."