Honda, Nissan, Qualcomm, Eli Lilly, Tesla, Rumble, and More Stock Market Movers
Written by Emily J. Thompson, Senior Investment Analyst
0mins
Source: Newsfilter
Market Reactions: Stock futures rose following the U.S. government's avoidance of a shutdown and positive inflation reports, with notable gains in Honda and Nissan shares after announcing a merger plan for 2026.
Company Updates: Qualcomm won a legal dispute boosting its stock, Eli Lilly's weight-loss drug received FDA approval, Tesla's stock rebounded slightly after previous losses, and Rumble's shares surged due to a significant investment from Tether.
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Analyst Views on ARM
Wall Street analysts forecast ARM stock price to fall
24 Analyst Rating
19 Buy
4 Hold
1 Sell
Strong Buy
Current: 307.430
Low
120.00
Averages
160.58
High
201.00
Current: 307.430
Low
120.00
Averages
160.58
High
201.00
About ARM
Arm Holdings plc is a United Kingdom-based company. The Company is engaged in the design of central processing units (CPUs) and compute platforms for semiconductor chips. It develops and licenses CPU products and related technology. Its cloud and data center solutions include Arm AGI CPU and Arm Neoverse Compute Subsystems. The Arm Agentic Generalized Infrastructure (AGI) CPU is a production-ready system on a chip (SoC) for artificial intelligence (AI) data centers, delivering compute at scale. The Arm Neoverse Compute Subsystems (CSS) are pre-validated, performance-optimized compute platforms designed to accelerate infrastructure silicon development. The Company's primary markets include smartphone applications, processors and other chips used in mobile phones, consumer electronics, networking equipment, cloud and data center servers, automotive applications, Internet of Things (loT) and other embedded computing devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investor Enthusiasm: The prospectus mentions several retail brokerage platforms offering shares at the fixed price, an unusual arrangement for such a large IPO, indicating strong interest from everyday investors, which could drive significant trading activity on the first day.
- Lockup Risk: Approximately 96% of SpaceX's shares are held by insiders and early investors, with future lockup expirations potentially leading to increased volatility in trading; historical trends show that stock prices often drop significantly after lockup periods end, necessitating caution from investors.
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- Market Anticipation and Investor Interest: Despite the fixed IPO price, retail investors will pay the market price at opening, indicating strong interest in SpaceX, which could lead to significant volatility on the first trading day.
- Lockup Period Pressure: Only about 4% of SpaceX's shares are being sold in this offering, with the majority held by insiders under lockup restrictions, which historically leads to stock price declines when these restrictions expire.
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See More
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- Record IPO: SpaceX is set to issue approximately 555.6 million shares at $135 each on June 12, aiming to raise $75 billion, which would mark the largest IPO in history, giving it a market valuation of $1.77 trillion and positioning it among the world's most valuable companies.
- Investor Enthusiasm: The prospectus mentions several retail brokerage platforms offering shares at the fixed price, an unusual arrangement for such a large IPO, indicating strong interest from everyday investors, which could drive significant trading activity on the first day.
- Lockup Risk: Approximately 96% of SpaceX's shares are held by insiders and early investors, with future lockup expirations potentially leading to increased volatility in trading; historical trends show that stock prices often drop significantly after lockup periods end, necessitating caution from investors.
- Mixed Financial Performance: While SpaceX's revenue grew 33% year-over-year to $18.7 billion in 2025, it reported a net loss of $4.9 billion primarily due to its AI segment, and at its current valuation, the stock is priced at about 95 times its 2025 revenue, raising concerns about its future profitability.
See More
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- Historic IPO Launch: SpaceX is set to begin trading on Nasdaq on June 12, selling approximately 555.6 million shares at $135 each, raising $75 billion, which marks the largest IPO in history, surpassing Saudi Aramco's $29.4 billion in 2019.
- Market Anticipation and Investor Interest: Despite the fixed IPO price, retail investors will pay the market price at opening, indicating strong interest in SpaceX, which could lead to significant volatility on the first trading day.
- Lockup Period Pressure: Only about 4% of SpaceX's shares are being sold in this offering, with the majority held by insiders under lockup restrictions, which historically leads to stock price declines when these restrictions expire.
- Financial Performance and Valuation Debate: SpaceX's revenue grew 33% year-over-year to $18.7 billion in 2025, but it reported a net loss of $4.9 billion last year, leading analysts to question its valuation at approximately 95 times its 2025 revenue, suggesting it may be overvalued.
See More
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- Market Rebound: The S&P 500 rose 1.75%, the Dow Jones increased by 1.86%, and the Nasdaq 100 surged 3.29% as President Trump canceled military strikes on Iran, indicating a positive market response to easing geopolitical tensions.
- Chip Stocks Lead Gains: AI-related stocks drove chipmakers like Sandisk up over 14% and KLA Corp up over 13%, reflecting ongoing confidence in AI spending, which may further boost growth in the tech sector.
- Airline Stocks Benefit: With WTI crude oil prices falling more than 2%, airline stocks such as Alaska Air Group rose over 11%, and United Airlines and American Airlines increased over 9%, suggesting that lower fuel costs will enhance profitability prospects for these companies.
- Software Stocks Under Pressure: Oracle's stock fell over 8% due to higher-than-expected capital expenditures projected at $70 billion, exceeding market expectations by $20-25 billion, indicating concerns in the software sector that could impact overall tech stock performance.
See More
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- Investor Enthusiasm: Jim Cramer strongly recommended Intel stock during Thursday's Morning Meeting, labeling it as his top pick in the chip sector and emphasizing its crucial role in AI data center buildouts, which significantly heightened investor interest in the stock.
- Stock Price Surge: Following Bank of America's upgrade of Intel from sell to buy, the stock jumped nearly 8% on Thursday, with the price target raised from $96 to $135, reflecting increased market confidence in Intel's ability to benefit from AI spending.
- Optimistic Market Outlook: Bank of America projects Intel's server CPU sales to reach $40 billion by 2030, significantly above the consensus estimate of $32.5 billion, indicating a potential 25% market share in a total addressable market of $170 billion.
- Manufacturing Capability Enhancement: Intel's chip manufacturing business is increasingly positioned to alleviate supply chain bottlenecks, particularly through its partnership with Cadence Design Systems, which boosts confidence in the long-term viability of its operations and execution capabilities.
See More
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- Earnings Beat: Oracle's fiscal Q1 2026 results exceeded expectations, with revenue and net income growth; however, shareholders are concerned about the company's plan to raise funds for AI development, putting pressure on the stock price.
- Surge in Contracted Revenues: The company's remaining performance obligation (RPO) soared 363% year-over-year to $638 billion, primarily driven by large-scale AI contracts, indicating strong future demand potential.
- Accelerated Compute Delivery: Oracle delivered over 1.2 gigawatts of compute capacity in fiscal 2026, with Q1 FY 2027 delivery approaching 1 gigawatt, reflecting a rapidly growing demand for AI infrastructure and solidifying Oracle's market position.
- Capital Raising Plans: Oracle plans to raise approximately $40 billion in debt and equity in FY 2027, including a previously announced $20 billion at-the-market equity issuance, which may negatively impact shareholder confidence.
See More
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- Market Performance: The S&P 500 Index rose by 0.03%, the Dow Jones Industrial Average increased by 0.42%, and the Nasdaq 100 Index gained 0.37%, indicating a market recovery driven by chipmakers and AI-related stocks, despite weakness in software stocks.
- Software Stock Pressure: Oracle's stock plummeted over 11% due to higher-than-expected capital expenditures, forecasting full-year spending of $70 billion, which is $20-25 billion above market expectations, thereby limiting overall market gains.
- Economic Data Impact: Weekly US jobless claims unexpectedly rose to 229,000, marking a four-month high and indicating a weaker labor market, while the May Producer Price Index increased by 6.5% year-on-year, the largest gain in 3.5 years, highlighting ongoing inflationary pressures.
- Geopolitical Risks: Oil prices experienced heightened volatility as President Trump threatened more aggressive actions against Iran, raising concerns about Middle East tensions that could impact global energy supplies and increase market uncertainty.
See More
