GCO News & Events

The major averages closed higher on the last trading day of the month as Dell's blowout results helped add fuel to the ongoing rally in tech.Oil prices pulled back amid further diplomatic signaling around Iran, although it was reported that Iran's armed forces fired missiles late Thursday and President Trump said in a social media post that he was meeting to decide if he would approve a deal to extend the ceasefire.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dell Technologiesprovided areport for Q1Costcoreported, though comparable-store sales rose 9.8% year-over-yearGapreportedand raised its FY26 net interest income outlookAutodeskprovided areport for Q1 and agreed to acquire MaintainX in a deal valued at $3.6BSeveral space stocks, including AST SpaceMobile, EchoStar, and Rocket Lab, were slipping after Blue Origin's New Glenn rocketin Cape Canaveral2. WALL STREET CALLS:SusquehannaDellto Positive, hiked its price target to $700HSBCSnowflaketo Buy on AI visibilityDeutscheAST SpaceMobileafter the Blue Origin New Glenn rocket explosionBest Buyto Neutral at UBSSentinelOneto Buy at BofA and downgraded to Market Perform at Raymond James after Q1 report3. AROUND THE WEB:Mercedes-Benzcould be shut out of U.S. car market under a new bill, CNBC reportsNvidia'splans to launch Rubin CPX, an inference-focused graphics processing unit for its Vera Rubin platform, has become "increasingly uncertain" as supply chain activity around the product appears to have stalled, The Elec saysMetais creating an Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate adoption and deployment of its AI tools, The Information reportsJD.comfounder Liu Qiangdong has pledged to prioritize protecting the company's roughly 900,000 employees from AI-driven automation, Bloomberg reportsMassachusetts Attorney General Andrea Joy Campbell is suing UnitedHealth'sUnitedHealthcare, alleging the subsidiary purposefully made low-income older adults appear sicker to boost its bottom line, Stat News says4. MOVERS:Replimuneincreases afterfor RP1 in combination with nivolumab following communications with the FDANetAppand PagerDutywere higher afterOktagained afterand raising its guidance for FY27Ambarellafell afterand providing guidance for Q2iHeartMediawas lower after DealBooktalks over a potential sale to Sirius XMare on pause5. EARNINGS/GUIDANCE:Genescoand raised its guidance for FY27Elmet, with EPS and revenue beating consensusTempus AIreiteratedHealthEquityand raised its guidance for FY27UiPath, provided guidance for Q2, and raised its outlook for FY27INDEXES:The Dow rose 363.49, or 0.72%, to 51,032.46, the Nasdaq gained 55.15, or 0.20%, to 26,972.62, and the S&P 500 advanced 16.43, or 0.22%, to 7,580.06.

The major averages were higher near noon on the last trading day of the month, though traders continue to reassess whether the market can continue climbing alongside structurally higher interest rates.Oil prices have pulled back after further diplomatic signaling around Iran. Brent crude remains elevated historically, but has retreated from the sharp spikes seen earlier this month during peak Strait of Hormuz concerns. Meanwhile, Iran's armed forces reportedly fired missiles late Thursday and President Trump has yet to approve an extension of a ceasefire.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dell Technologiesprovided areport for Q1Costcoreported, though comparable-store sales rose 9.8% year-over-yearGapreportedand raised its FY26 net interest income outlookAutodeskprovided areport for Q1 and agreed to acquire MaintainX in a deal valued at $3.6BSeveral space stocks, including AST SpaceMobile, EchoStar, and Rocket Lab, were slipping after Blue Origin's New Glenn rocketin Cape Canaveral2. WALL STREET CALLS:SusquehannaDellto Positive, hiked its price target to $700HSBCSnowflaketo Buy on AI visibilityDeutscheAST SpaceMobileafter the Blue Origin New Glenn rocket explosionBest Buyto Neutral at UBSSentinelOneto Buy at BofA and downgraded to Market Perform at Raymond James after Q1 report3. AROUND THE WEB:Nvidia'splans to launch Rubin CPX, an inference-focused graphics processing unit for its Vera Rubin platform, has become "increasingly uncertain" as supply chain activity around the product appears to have stalled, The Elec saysMetais creating an Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate adoption and deployment of its AI tools, The Information reportsJD.comfounder Liu Qiangdong has pledged to prioritize protecting the company's roughly 900,000 employees from AI-driven automation, Bloomberg reportsMassachusetts Attorney General Andrea Joy Campbell is suing UnitedHealth'sUnitedHealthcare, alleging the subsidiary purposefully made low-income older adults appear sicker to boost its bottom line, Stat News saysA battery plant partly owned by General Motorsis delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars, Reuters reports4. MOVERS:Replimuneincreases after announcing it willfor RP1 in combination with nivolumab following communications with the FDANetAppand PagerDutyhigher afterOktagains afterand raising its guidance for FY27Ambarellafalls afterand providing guidance for Q2iHeartMedialower aftertalks over a potential sale to Sirius XMare on pause5. EARNINGS/GUIDANCE:Genescoand raised its guidance for FY27Elmet, with EPS and revenue beating consensusTempus AIHealthEquityand raised its guidance for FY27UiPath, provided guidance for Q2, and raised its outlook for FY27INDEXES:Near midday, the Dow was up 0.75%, or 379.04, to 51,048.01, the Nasdaq was up 0.19%, or 50.30, to 26,967.77, and the S&P 500 was up 0.23%, or 17.75, to 7,581.38.

Stock futures are marginally higher, but momentum has slowed as traders reassess whether the market can continue climbing alongside structurally higher interest rates. Markets are relatively subdued as investors close out a volatile month dominated by inflation fears, rising bond yields, AI enthusiasm and geopolitical instability.Treasury yields remain elevated despite softer oil prices this week, reinforcing the idea that markets are becoming increasingly concerned about long-term fiscal dynamics rather than just short-term inflation. The 10-year Treasury yield is holding near 4.6%, while the 30-year remains above 5%, levels that are forcing investors to reconsider equity valuations after years of ultra-low-rate assumptions.Oil prices eased modestly after further diplomatic signaling around Iran. Brent crude remains elevated historically, but has pulled back from the sharp spikes seen earlier this month during peak Strait of Hormuz concerns. Markets are still extremely sensitive to energy headlines because oil has become one of the clearest transmission mechanisms into inflation expectations.Gold and silver are both under pressure as elevated real yields and a stronger dollar continue weighing on precious metals. Gold is increasingly trading less like a pure geopolitical safe haven and more like an interest-rate-sensitive asset, while silver remains especially volatile because of its dual role as both a monetary metal and an industrial AI-infrastructure commodity.In pre-market trading, S&P 500 futures rose 0.09%, Nasdaq futures rose 0.05% and Dow futures rose 0.24%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Krispy Kremeup 5% after disclosing that company director Bernardo Hees acquired $768,718 of stockUP AFTER EARNINGS -Dell Technologiesup 33%NetAppup 18%Elmetup 10%Oktaup 8%Genescoup 6%The Buckleup 1%DOWN AFTER EARNINGS -SentinelOnedown 15%Gapdown 15%American Eagledown 14%BitFuFudown 9%Autodeskdown 7%LOWER -AST SpaceMobile, EchoStarand Rocket Labdown 11%, 5% and 4%, respectively, after Blue Origin's New Glenn rocket exploded during a test in Cape Canaveral