Major Averages Rise as Markets Watch Iran Negotiations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
The major averages were broadly higher near noon as markets head toward a weekly gain despite continued volatility. Treasury yields have eased, lifting megacaps and chip stocks, though markets continue to be on watch for signs of a breakthrough in negotiations to end the war in Iran.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Estee Lauderand Puigannounced that the partiesregarding a potential business combinationImaxis exploring a sale, according toWorkdayreportedand reiterated its FY27 revenue guidanceZoom Communicationsprovided areport for Q1Deckers Outdoorreportedand provided its outlook for FY272. WALL STREET CALLS:JPMorganSweetgreenon ramping brand transformationViking Holdingsto Buy at Truist on strong demand trendsJefferiesGeneracon data center contract potentialSummit Therapeuticsto Neutral at H.C. WainwrightInspire Medicalto Underperform at BofA on coding overhang3. AROUND THE WEB:Nintendo's"Tomodachi Life: Living the Dream" was the top-selling physical video game in Japan for the week of May 11-17 with 98,092 copies sold during the week, bringing the game's lifetime sales in Japan to 1.14M, Famitsu reportsSony'sBungie plans to lay off a significant number of workers as it concludes active development on "Destiny 2," Bloomberg saysMicrosoftcommercial chief marketing officer Yusuf Mehdi, a 35-year company veteran, is set to depart after the next fiscal year according to an internal memo, Business Insider reportsStarbucksshut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items, Reuters saysSamsungis set to distribute about $26.6B to its 78,000 chip employees, or a $340,000 bonus to each, in early 2027 as part of a last-minute labor union deal, Bloomberg reports4. MOVERS:Pelotongains after beingin the S&P 600Rocket Labsincreases after completing itsfor SynspectiveFutu Holdingsand UP Fintechfall in New York afterChina has launched a broad crackdown on unauthorized cross-border investingCAElower in New York afterand setting long-term financial targets for FY30ImmunityBiodeclines afteron NMIBC and presenting preliminary results from a new health economic analysis on that ANKTIVA plus Bacillus Calmette-Guerin5. EARNINGS/GUIDANCE:BJ's Wholesaleand backed its guidance for FY26 after what CEO Bob Eddy called "a strong first quarter"Take-Two, with EPS missing consensusBooz Allenand provided guidance for FY27Ross Stores, with EPS and revenue beating consensusGlobal Ship Lease (GSL), with EPS lower year-over-yearINDEXES:Near midday, the Dow was up 0.81%, or 408.71, to 50,694.37, the Nasdaq was up 0.63%, or 164.99, to 26,458.08, and the S&P 500 was up 0.66%, or 49.08, to 7,494.80.
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Analyst Views on TIGR
Wall Street analysts forecast TIGR stock price to rise
3 Analyst Rating
2 Buy
0 Hold
1 Sell
Moderate Buy
Current: 5.840
Low
4.73
Averages
11.78
High
17.50
Current: 5.840
Low
4.73
Averages
11.78
High
17.50
About TIGR
UP Fintech Holding Ltd is mainly engaged in the operation of an integrated financial technology platform providing cross-market, multi-product investment experience for investors around the world. The Company offers comprehensive brokerage services through its integrated single-account structure, which empowers users in trade execution, margin financing and securities lending across different global markets. The Company also provides value-added services, such as investor education, community engagement and IR/PR platform, all within a few taps or clicks through application (APP) on smartphone, tablet and personal computer (PC) terminals. The Company also offers ESOP management services to soon-to-be listed and listed companies. The Company primarily operates its business in the New Zealand, Singapore and the United States.
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.
UP Fintech Under Investigation for Securities Violations
- Significant Stock Drop: UP Fintech Holding Ltd. shares fell over 20% on May 22, 2026, following Chinese regulators' announcement of enforcement actions, indicating severe market concerns about compliance that could undermine investor confidence and future financing capabilities.
- Regulatory Action Context: Chinese regulators have accused UP Fintech of unauthorized cross-border securities activities, potentially facing administrative penalties and confiscation of illegal income tied to its subsidiaries, which will directly impact the company's operations and financial health.
- Investor Claim Opportunities: Block & Leviton is investigating whether UP Fintech violated securities laws and may file actions on behalf of investors to recover losses, providing affected investors with potential legal recourse and raising awareness of their rights.
- Whistleblower Reward Mechanism: Individuals with non-public information about UP Fintech may receive rewards of up to 30% of any successful recovery by reporting to the SEC, encouraging more participation in the investigation and potentially further impacting the company's reputation and market performance.
See More
UP Fintech Stock Plummets 23% Following Regulatory Investigation and Penalties
- Regulatory Investigation: UP Fintech's stock plummeted 23% in Friday morning trading after the Chinese securities regulator initiated an investigation into unlicensed cross-border securities trading, indicating severe market concerns regarding the company's compliance capabilities.
- Significant Penalties: The Beijing Bureau of the CSRC imposed administrative penalties totaling RMB 308.1 million (approximately USD 45.3 million) and confiscated illegal income amounting to RMB 103.1 million (around USD 15.2 million), which will have a substantial negative impact on the company's financial health.
- Executive Penalties: CEO Tianhua Wu received a warning and a fine of RMB 1.25 million, reflecting the regulatory body's emphasis on executive accountability, which may influence the company's future management decisions and market trust.
- Client Asset Impact: As of the end of 2025, retail client assets in mainland China constituted approximately 10% of the company's total client assets, and this penalty could lead to a decline in client confidence, thereby affecting future asset growth and market share.
See More
NASDAQ 100 Pre-Market Update Highlights Active Stocks
- Market Performance: The NASDAQ 100 Pre-Market Indicator rose by 123.76 points to 29,481.03, indicating a positive shift in market sentiment that may present buying opportunities for investors.
- Active Stocks: UP Fintech Holding Limited (TIGR) fell by $2.24 in pre-market trading with a volume of 23,945,429 shares, while its current mean recommendation remains in the 'buy range', reflecting market confidence in its future performance.
- Earnings Forecast: Futu Holdings Limited (FUTU) is scheduled to release its earnings report on May 28, 2026, with a current stock price of $75.80, down $48.06 from the previous session, prompting investors to consider the potential impact of its earnings on stock price.
- Target Price Analysis: NIO Inc. (NIO) is currently priced at $5.27, which is 77.5% below its target price of $6.8, indicating a cautious market outlook on its future growth and potentially influencing investor decisions.
See More
China Intensifies Oversight on Cross-Border Investments
- Regulatory Tightening: China's securities regulator announced restrictions on brokerage firms including Futu Holdings and UP Fintech for operating without licenses in mainland China, causing their premarket shares to tumble over 33% and 35% respectively, reflecting market concerns about future growth prospects.
- Illegal Operations Cleanup: A two-year grace period has been established for these firms to cease illegal operations, during which investors can sell existing stakes and withdraw funds, but new investments are prohibited, aiming to maintain market stability and protect investor rights.
- Market Reaction: Shares of Futu Holdings and UP Fintech have dropped over 30% this year, indicating investor panic over the Chinese government's intensified regulatory scrutiny, particularly regarding long-term oversight of cross-border capital flows.
- Retail Sentiment Shift: Despite the significant stock declines, retail sentiment for Futu has shifted from 'neutral' to 'extremely bullish', while UP Fintech's sentiment improved from 'bullish' to 'extremely bullish', suggesting ongoing confidence in their international customer base.
See More
UP Fintech to Report Q1 Earnings on June 2, 2026
- Earnings Report Schedule: UP Fintech Holding Limited will announce its financial results for Q1 2026 before the U.S. market opens on June 2, 2026, which is expected to positively influence investor confidence.
- Conference Call Timing: The management team will hold an earnings conference call at 8:00 AM U.S. Eastern Time on June 2, 2026, providing investors with a direct communication opportunity with management.
- Participant Registration Requirement: All participants wishing to attend the call must preregister online to receive dial-in numbers, a requirement aimed at ensuring smooth proceedings and enhancing participant experience.
- Technical Support and Services: UP Fintech's mobile and online trading platform supports trades across multiple currencies and markets, and its innovative products and services aim to enhance user experience and attract more global investors.
See More
Kin Communications Hosts Virtual Investor Conference for Mining & Energy
- Conference Replay Available: Kin Communications announces that presentations from the 2026 Kinvestor Mining & Energy Virtual Investor Conference are now available on the Kinvestor YouTube channel, enhancing interaction between investors and companies.
- Positive Participant Feedback: President Arlen Hansen noted strong participation from both companies and investors this year, highlighting the momentum within the industry and indicating sustained market interest in mining and energy sectors.
- Industry Connection Opportunities: The conference provided a valuable platform for industry voices to connect, and Kin Communications looks forward to continuing the conversation at future events, further fostering relationships between investors and businesses.
- Kinvestor Brand Development: Through the Kinvestor brand, Kin Communications aims to create opportunities for investors and public companies to connect, driving investor relations services in the natural resources sector and showcasing its leadership in the industry.
See More
UP Fintech Under Investigation for Securities Violations
- Significant Stock Drop: UP Fintech Holding Ltd. shares fell over 20% on May 22, 2026, following Chinese regulators' announcement of enforcement actions, indicating severe market concerns about compliance that could undermine investor confidence and future financing capabilities.
- Regulatory Action Context: Chinese regulators have accused UP Fintech of unauthorized cross-border securities activities, potentially facing administrative penalties and confiscation of illegal income tied to its subsidiaries, which will directly impact the company's operations and financial health.
- Investor Claim Opportunities: Block & Leviton is investigating whether UP Fintech violated securities laws and may file actions on behalf of investors to recover losses, providing affected investors with potential legal recourse and raising awareness of their rights.
- Whistleblower Reward Mechanism: Individuals with non-public information about UP Fintech may receive rewards of up to 30% of any successful recovery by reporting to the SEC, encouraging more participation in the investigation and potentially further impacting the company's reputation and market performance.
See More
UP Fintech Stock Plummets 23% Following Regulatory Investigation and Penalties
- Regulatory Investigation: UP Fintech's stock plummeted 23% in Friday morning trading after the Chinese securities regulator initiated an investigation into unlicensed cross-border securities trading, indicating severe market concerns regarding the company's compliance capabilities.
- Significant Penalties: The Beijing Bureau of the CSRC imposed administrative penalties totaling RMB 308.1 million (approximately USD 45.3 million) and confiscated illegal income amounting to RMB 103.1 million (around USD 15.2 million), which will have a substantial negative impact on the company's financial health.
- Executive Penalties: CEO Tianhua Wu received a warning and a fine of RMB 1.25 million, reflecting the regulatory body's emphasis on executive accountability, which may influence the company's future management decisions and market trust.
- Client Asset Impact: As of the end of 2025, retail client assets in mainland China constituted approximately 10% of the company's total client assets, and this penalty could lead to a decline in client confidence, thereby affecting future asset growth and market share.
See More
NASDAQ 100 Pre-Market Update Highlights Active Stocks
- Market Performance: The NASDAQ 100 Pre-Market Indicator rose by 123.76 points to 29,481.03, indicating a positive shift in market sentiment that may present buying opportunities for investors.
- Active Stocks: UP Fintech Holding Limited (TIGR) fell by $2.24 in pre-market trading with a volume of 23,945,429 shares, while its current mean recommendation remains in the 'buy range', reflecting market confidence in its future performance.
- Earnings Forecast: Futu Holdings Limited (FUTU) is scheduled to release its earnings report on May 28, 2026, with a current stock price of $75.80, down $48.06 from the previous session, prompting investors to consider the potential impact of its earnings on stock price.
- Target Price Analysis: NIO Inc. (NIO) is currently priced at $5.27, which is 77.5% below its target price of $6.8, indicating a cautious market outlook on its future growth and potentially influencing investor decisions.
See More
China Intensifies Oversight on Cross-Border Investments
- Regulatory Tightening: China's securities regulator announced restrictions on brokerage firms including Futu Holdings and UP Fintech for operating without licenses in mainland China, causing their premarket shares to tumble over 33% and 35% respectively, reflecting market concerns about future growth prospects.
- Illegal Operations Cleanup: A two-year grace period has been established for these firms to cease illegal operations, during which investors can sell existing stakes and withdraw funds, but new investments are prohibited, aiming to maintain market stability and protect investor rights.
- Market Reaction: Shares of Futu Holdings and UP Fintech have dropped over 30% this year, indicating investor panic over the Chinese government's intensified regulatory scrutiny, particularly regarding long-term oversight of cross-border capital flows.
- Retail Sentiment Shift: Despite the significant stock declines, retail sentiment for Futu has shifted from 'neutral' to 'extremely bullish', while UP Fintech's sentiment improved from 'bullish' to 'extremely bullish', suggesting ongoing confidence in their international customer base.
See More
UP Fintech to Report Q1 Earnings on June 2, 2026
- Earnings Report Schedule: UP Fintech Holding Limited will announce its financial results for Q1 2026 before the U.S. market opens on June 2, 2026, which is expected to positively influence investor confidence.
- Conference Call Timing: The management team will hold an earnings conference call at 8:00 AM U.S. Eastern Time on June 2, 2026, providing investors with a direct communication opportunity with management.
- Participant Registration Requirement: All participants wishing to attend the call must preregister online to receive dial-in numbers, a requirement aimed at ensuring smooth proceedings and enhancing participant experience.
- Technical Support and Services: UP Fintech's mobile and online trading platform supports trades across multiple currencies and markets, and its innovative products and services aim to enhance user experience and attract more global investors.
See More
Kin Communications Hosts Virtual Investor Conference for Mining & Energy
- Conference Replay Available: Kin Communications announces that presentations from the 2026 Kinvestor Mining & Energy Virtual Investor Conference are now available on the Kinvestor YouTube channel, enhancing interaction between investors and companies.
- Positive Participant Feedback: President Arlen Hansen noted strong participation from both companies and investors this year, highlighting the momentum within the industry and indicating sustained market interest in mining and energy sectors.
- Industry Connection Opportunities: The conference provided a valuable platform for industry voices to connect, and Kin Communications looks forward to continuing the conversation at future events, further fostering relationships between investors and businesses.
- Kinvestor Brand Development: Through the Kinvestor brand, Kin Communications aims to create opportunities for investors and public companies to connect, driving investor relations services in the natural resources sector and showcasing its leadership in the industry.
See More
