Biggest S&P 500 Movers on Tuesday

Decliners

• Shares of credit score provider Fair Isaac (FICO) tumbled 8.1%, posting the weakest daily performance in the S&P 500. The move lower followed comments from Bill Pulte, director of the Federal Housing Finance Agency (FHFA), who raised concerns about FICO's pricing and expressed support for more cost-effective credit evaluation options.
• AES Corp. (AES) shares slipped 4.1% after Jefferies downgraded the power generator's stock to "underperform." Analysts cited the stock's high valuation, uncertainties surrounding the utility's credit rating, and the possibility of a less favorable outlook for the renewable energy business starting in 2027.
  
• Analysts at Truist reduced their price target on shares of Norwegian Cruise Line Holdings (NCLH). The firm noted that slumping consumer confidence would affect demand for cruises, although it may take a quarter or two for earnings and other metrics to reflect the impact given extended booking periods. Shares of the cruise operator fell 3.9% on Tuesday.

Advancers

• Moderna (MRNA) shares surged 6.1%, gaining the most of any S&P 500 stock, after the Food and Drug Administration (FDA) issued 澳洲幸运5官方开奖结果体彩网:n𝓀ew guidan𒁃ce related to COVID-19 vaccine boosters. The agency will require additional clinical data on vaccines for healthy individuals under age 65, but will continue to approve immunizations for those who are older or at higher risk. With seniors and high-risk groups accounting for a significant portion of annual COVID vaccinations, the updated framework does little to change the status quo for Moderna's key markets.
• Shares of discount retailers Dollar Tree (DLTR) and Dollar General (DG) advanced 4.6% and 4.1%, respectively. The gains follow comments made last week by the CEO of Walmart (WMT), who indicated that elevated tariffs would result in price increases at the company's stores. The two competitors known for their bargain products could be in a good position to entice value-seeking consumers as price tags begin to reflect tariff impacts, analysts have said.
• Regeneron Pharmaceuticals (REGN) stock closed 3.2% higher after the company agreed to 澳洲幸运5官方开奖结果体彩网:purchase DNA testing🦹 c🐭ompany 23andMe in a bankruptcy court auction. Regeneron agreed to take measures to ensure the ethical use and security of 23andMe's customer data.

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Watch These Strategy Levels as Stock Surges Alongside Bitcoin

Shares of Strategy (MSTR), the world's largest corporate holder of bitcoin that until recently wa♏s known as Mic✅roStrategy, rose again Tuesday as the digital currency continued rising.

The stock, which provides investors with a leverage bet on bitcoin's price, had gotten a boost to start the week after the company announced its latest purchase of the cryptocurrency. According to a regulatory filing on Monday, Strategy purchased 7,390 bitcoin between May 12 and 18, taking its total holding to 576,230 BTC, currently worth more about $61 billion based on bitcoin's recent price.

Strategy shares have soared 75% from their April low, tracking a recovery in the price of bitcoin and other risk-on assets as investor concerns about global trade tensions and their potential economic impact have subsided. Bitcoin surged above $107,000 on Tuesday, hitting its highest level since January and approac🐭hing its record high of just over $109,000.

Since the 澳洲幸运5官方开奖结果体彩网:50-day moving average (MA) crossed above the 200-day MA in January last year to form a bullish 澳洲幸运5官方开奖结果体彩网:golden cross pattern, Strategy shares have continued t𓄧o trend sharply higher. 

More recently, the stock has climbed back toward its 澳洲幸运5官方开奖结果体彩网:record high throughout April and May following a retracement to the 50-day MA in March. However, it's worth noting this move has occurred on significantly less 澳洲幸运5官方开奖结果体彩网:trading volume than the two most prior uptrends, indicating that larger market participants may remai💛n on the sidelines.

Investors should watch key overhead areas on Strategy's chart around $440 and $945, while also monitoring crucial support levels near $230 and $180.

Strategy shares gained nearly 1% to close Tuesday's session around $417.

Read the 澳洲幸运5官方开👍奖结果体彩网:full technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Tesla Bull Dan Ives Sees a 'Different Musk'

In a string of public appearances Tuesday, Tesla (TSLA) CEO Elon Musk emphasized his commitment to the role and robotaxi plans, leading one of Wall Street's bigge🐼st Tesla bulls to say he is seeing "a different Musk" compared to the last few months.

During an interview at the 澳洲幸运5官方开奖结果体彩网:Qatar Economic Forum, Musk said he plans to stay on as Tesla's CEO for at least the next five years, and told CNBC's David Faber later in the day that😼 the electric vehicle maker's June robotaxi launch in Austin, Texas remaꦦins on track.

Tesla will start with a small number of vehicles on the road, and scale up in the coming months as it expands to other cities, Musk said, with the possibility of "hundreds of thousands" operating autonomously on the road by the end of 2026.

Wedbush analyst Dan Ives, a longtime Tesla bull, said later on CNBC that he sees "a different Musk than we saw over the last one, three months" in watching the CEO's interviews.

Musk, who sported a Tesla branded jacket during the CNBC interview from the EV maker's Gigafatory in Austin, looks to have a "dedicated focus on Tesla, driving the next initiative" of autonomous vehicles, Ives said. The analyst added that he continues to believe 90% of Tesla's future value lies in its autonomous vehicle software and robotics technology.

Several analysts—including Ives—澳洲幸运5官方开奖结果体彩网:had called for Musk to step back from his government work and focus more of his attention on Tesla ahead of last month's earnings report, with JPMorgan analysts writing that they believed the company suffered 澳洲幸运5官方开奖结果体彩网:"unprecedented brand damage" as protestors pushed back o♔n Musk's politics.

During 澳洲幸运5官方开奖结果体彩网:last month's first-quarter 澳洲幸运5官方开奖结果体彩网:earnings call, Musk said he planned to return to 澳洲幸运5官方开奖结果体彩网:spending more of his time at Tesla starting this month, 澳洲幸运5官方开奖结果体彩网:scaling back his government work to 🍃one or two days per week.

Tesla shares ended the day up just 0.5% after rising earlier in the session. They are still down roughly 15% since the start of the 🅷year.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Google May Have Under-Appreciated AI Advantage

Alphabet’s uncertain standing in the AI arms race has been cause for concern among investors🎀 lately. But recent Morgan Stanley research suggests the search giant may have an under-appreciated advantage. 

Google’s Gemini saw a larger increase in usage between September and March than its primary competitors, Meta AI and OpenAI’s ChatGPT, according to Morgan Stanley. And♔ in March, about 40% of survey respondents used Gemini on a monthly basis, compared with ChatGPT’s 41% and Meta AI’s 39%.

 Gemini was also more widely used as a commercial tool than its competitors. Forty-six percent of respondents used Gemini to research new products🌜 in March, while 37% used it to compare prices and 34% shopped on the platform. ChatGPT was used by 41% of respondents to research products, 31% to compare prices, and 25% to shop. 

“This in our view speaks to GOOGL's still entrenched user behavior within commercial activity,” Morgan Stanley analysts wrote. “The key from here is again for GOOGL to ship further Gemini/TPU enabled capabilities across its leading user bases and data sets to maintain its leadership at the top of the commercial funnel.”

Investors have grown increasingly worried about the impact AI will have on Google’s (GOOG) (GOOGL) bread-and-butter search business. Comments from an Apple executive earlier this month amplified Wall Street’s concerns that the rising popularity of AI is 澳洲幸运5官方开奖结果体彩网:eroding Google’s dominance in the online search market. (Google, for its part, has rolled out AI summaries on its search engine, and recently said🌜 it monetizes AI queries at the same rate as traditional search.)

Google’s search business also faces a threat from antitrust regulators, who successfully argued last year that the company 澳洲幸运5官方开奖结果体彩网:op🍷erated an illegal search monopoly. They have recommended the company be forced to 澳洲幸运5官方开奖结果体彩网:sell its Chrome web browser, end exclusive distribution agreements w💞ith device makers like A🌼pple, and share its search data with competitors.

The company is likely to spotlight commercial applications during its annual Google I/O developer conference, which kicked off with a keynote from CEO Sundar Pichai on Tuesday afternoon. Google’s AI stack, Gemini API, and Gemma open models are among the AI features being pitched to developerꦬs. 

The event could be pivotal for the tech giant in its effort to reframe the narrative around its AI opportunity. “We believe Google is heading into its innovation phase of AI and the worries around search days in the rear view mirror are way overdone,” wrote Wedbush analysts in a note on T🐻uesday.

-澳洲幸运5官方开奖结果体彩网:Colin Laidley

D-Wave Surges as Company Unveils New Quantum Computer

D-Wave Quantum (QBTS) shares surged Tuesday༺ after the company unveiled its newest quantum computer, which it claims is capable of solving 🐭problems beyond the capabilities of a classical GPU-based supercomputer.

CEO Alan Baratz said D-Wave’s computer, known as Advant🍒age2, “marks a significant milestone not ju💜st for D-Wave, but for the quantum computing industry as a whole.”

D-Wave shares closed 26% higher after surging as much as 34% during today's trading session. With Tuesday's gains, the stock has nearly doubled in value since the start of the year, and is up about 1,200% over the past 12 months.

Other quantum stocks briefly rallied as well, with shares of Quantum Computing (QUBT), Rigetti Computing (RGTI), and IonQ (IONQ) jumping earlier in the session, before paring their gains. 

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

Ulta Catches Oppenheimer's Eye Ahead of Earnings Next Week

Ulta (ULTA) shares are in the midst of a glow-up.

The cosmetic company is attracting attention from investors, with 澳洲幸运5官方开奖结果体彩网:analysts saying  consumers are less likely to cut back on beauty purchases during tough economic times. Oppenheimer is ไone of the 𒉰latest investment advisory groups to make this case ahead of Ulta’s earnings release slated for next week.

Oppenheimer maintained its “outperform” rating of Ulta Tuesday and raised its target price to $465, which is 11% above the average target price among analysts who follow Ulta and were polled by Visible Alpha. Oppenheimer said Ulta appears poised to meet its financial targets and may benefit from limited exposure to tariffs and potential closures of Kohl’s (KSS) stores, which stock produc🧔ts from Sephora, a cosmetics company owned by LV𝔉MH Moët Hennessy.

“We are encouraged by the strategic direction of the company under new CEO Kecia Steelman and are focused on management's execution of key digital priorities in the coming quarters to sustain the company's competitive position vs. [Amazon] AMZN, [Walmart] WMT, and others,” Oppenheimer said. 

The cosmetic company’s stock has shot up about 33% since mid-March when better-than-expected earnings and fresh leadership helped 澳洲幸运5官方开奖结果体彩网:reverse a months-long decline. The stock was up 1% at ✅$414 recently, or 7% above where they were a✅ year ago.

Wall Street is looking for a roughly 0.2% year-over🦹-year increase in comparable store sales when Ulta shares its first-quarter results on May 29. Analysts surveyed by Visible Alpha expect profit of $267.3 million on net sales of $2.79 billion. A year ago, Ulta reported net income of $313.1 million on sales of $2.73 billion.

-澳洲幸运5官方开奖结果体彩网:Sarina Trangle

Moderna Jumps on New Covid-19 Booster Guidelines

Shares of Moderna surged to lead 澳洲幸运5官方开奖结果体彩网:S&P 500 gainers in early afternoon trading Tuesday, hours after the 澳洲幸运5官方开奖结果体彩网:Food and Drug Administration (FDA) issued new guidance for COVID-19 vaccine boosters for healthy Americans under age 65.

FDA Commissioner Marty Makary and Center for Biologics Evaluation and Research director Vinay Prasad wrote in The New England Journal of Medicine that the agency's "new Covid-19 philosophy represents a balance of regulatory flexibility and a commitment to gold-standard science. The FDA will approve vaccines for high-risk persons and, at the same time, demand robust, gold-standard data on persons at low risk."

Dr. Prasad and Dr. Makary added that "for all healthy persons—those with no risk factors for severe Covid-19—between the ages of 6 months and 64 years, the FDA anticipates the need for randomized, controlled trial data evaluating clinical outcomes before Biologics License Applications can be granted."

The expected uptick in new trials benefited shares of vaccine producers Tuesday. In addition to Moderna's nearly 8% gains Tuesday, U.S.-listed shares of BioNTech (BNTX) advanced about 4%, and Pfizer (PFE) stock rose 2%.

Despite having risen nearly 20% over the past three sessions, sha🦋res of Moderna have lost about a third of their value thi🔯s year.

-澳洲幸运5官方开奖结果体彩网:Aaron Rennie

Elon Musk Says He Plans to Stay at Tesla for Next 5 Years

Tesla (TSLA) CEO ꦇElon Musk said in an interview Tuesday that he remains committed to being CEO of the electric vehicle maker for at least the next ⛦five years.

During an interview at the Qatar Economic Forum, Musk also said that he expects a 澳洲幸运5官方开奖结果体彩网:pay package that has been 澳洲幸运5官方开奖结果体彩网:approved by shareholders but was 澳洲幸运5官方开奖结果体彩网:struck down by a Delaware judge 澳洲幸运5官方开奖结果体彩网:multiple times&nb♉sp;will be restored in the future, and that gaining "sufficient voting control such that I cannot be ousted byဣ activist investors is what matters to me."

Musk said that he is currently spending about one to two days per week on his work with the Trump administration's cost-cutting efforts, a promise the CEO made during Tesla's latest earnings call last month, as he said he would 澳洲幸运5官方开奖结果体彩网:spend more time with the EV maker.

Earlier this month, The Wall Street Journal reported that Tesla's board had contacted a search firm about potentially finding Musk's replacement, but the company and Musk 澳洲幸运5官方开奖结果体彩网:pushed back after the report was published.

Musk also said in Tuesday's interview that he expects to spend "a lot less" to support political candidates in the future, after his efforts to get President Trump elected in November.

Tesla shares, which have posted weekly gains in each of the past four weeks, were up close to 1% in recent trading. Still, they've lost about 13% since the start of the year.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Viking Stock Drops as Passenger Count Disappoints

Viking Holdings (VIK) shares tumbled Tuesday morning after the adult-oriented cruise operatꦰor sailed fewer first-quarter passengers than anticipated.

 Shares of rival carriers declined as well.

The company reported the number of passengers carried in Q1 came in at 103,482, well below the 191,520 estimate of analysts surveyed by🐈 Visible Alpha. 

The news offset strong quarterly results. Viking slashed its loss by 79% year-over-year to $105.5 million, and its loss per share of $0.24 was $0.03 better than forecasts. Revenue rose 25% to $89🐲7.1 million, also more than expected.

CEO Torstein Hagen pointed out that the company boosted capacity by nearly 15%, and net yield increased 7% to $544. Hagen said those were "clear indicators of the robust demand for meaningful and enriching travel experiences among our core demographic."

Hagen added that 2025 "is off to a remarkable start," with the company having booked 92% of its capacity for the 2025 season and 37% of its capacity for the 2026 season.

Viking shares were down near🧔ly 5% i꧟n recent trading.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Uber Partner Pony AI Stock Gains as Q1 Revenue Rises

Shares of Pony AI (PONY) jumped in early trading Tuesday after the Chinese autonomous vehicle maker reported a big rise in first-quarter sales on the back 🥀of gains in its robotaxi service.

The Chinese firm had struck a deal earlier this month with Uber Technologies (UBER) to put its robotaxis in the U.S. ride-hಞailin💎g firm’s platform.

First-quarter revenue rose 11.6% year-over-year to $13.98 million, up from $12.52 million. Its loss per share narrowed to $0.12 from $0.23 in Q1 2024. Pony AI's net loss attributed to the company more than doubled to $42.99 million from $20.60 million a year ago. The company attributed the bigger loss partly to its mass production of its seventh-generation autonomous vehicles.

“2025 is the year of scaling up for Pony.ai and we embraced it with strong growth momentum,” Pony🦩 AI CEO James Peng said. “Our robust total 🐽revenues in the first quarter were fueled by a 200% year-over-year rise in Robotaxi services, with fare-charging revenues achieving approximately 800% growth rate.”

Pony AI, which was founded in 2016, went public on Nasdaq in November at $13 per share. Its shares were up more than 3% recently at $17.50. Coming into Tuesday's session, the stock had gain 18% so far this year.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

Home Depot Tops Revenue Estimates, Maintains Outlook

Home Depot (HD) shares rose in premarket trading Tuesday after the home-improvement retailer's first-quarter sales came in better than expected and its CFO said the company p𓄧lans to "gene♋rally maintain" its current price levels.

The company reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $3.56 on net sales that increased 9% year-over-year to $39.86 billion. 澳洲幸运5官方开奖结果体彩网:Analysts tracked by Visible Alpha had forecast adjusted EP🌼S of $3.56 on salꦺes of $39.24 billion.

Comparable store sales fell 0.3%, slightly worse than analysts' projection of a 0.24% decline. However, they increased by 0.2% among Home Depot's U.S. locations, while analysts had expected a very small drop.

"Our first quarter results were in line with our expectations as we saw continued customer engagement across smaller projects and in our spring events," CEO Ted Decker said. "We feel great about our store readiness and product assortment as spring continues to break across the country."

CFO Richard McPhail told CNBC that the retailer intends "to generally maintain our current pricing levels across our portfolio," adding that by this time next year, Home Depot will not rely on any one country for more than 10% of its imports, with at least half its products originating from the U.S.

Home Depot affirmed its its full-year outlook. 澳洲幸运5官方开奖结果体彩网:Last quarter, the retailer topped estimates but its full-year projectioꦡns of approximately 2.8% total sales growth, about 1% comparable sales growth, and a roughly 2% decline in adjusted EPS were worse than estimates.3

Analysts said they were expecting relatively uneventful first-quarter reports from Home Depot and rival Lowe's (LOW), which releases results on Wednesday, and were more focused on the retailers' forecasts for the rest of t🎉he year.

Home🅰 Depot shares were up 2.2% in recent premarket trading. They entered the day down abꦆout 2.5% since the start of the year.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Tesla Levels to Watch Amid EV Maker's Recent Rally

Tesla (TSLA) shares fell on Monday, a slugg🌳ish start to the week for a stock that had posted gains in each of the previouꦓs four weeks.

The downturn to start this week came as technology conglomerate 澳洲幸运5官方开奖结果体彩网:Xiaomi annou🍨nced that its new electric YU7 SUV will launch in China on Thursday, likely challenging Tesla’s popular Model Y for market share in the competitive mid-size electric ꦑSUV category.

During their 澳洲幸运5官方开奖结果体彩网:four-week winning run, Tesla shares gained 45%. Sentiment has received a boost lately from the cooling of global trade tensions, including lower tariffs, and 澳洲幸运5官方开奖结果体彩网:CEO Elon Musk’s commitment to spend more time running the company, all of which have helped offset concerns about 澳洲幸运5官方开奖结果体彩网:declining sales. The stock was up🌟 1%﷽ at around $346 in recent premarket trading, after falling more than 2% on Monday.

Tesla shares continued trending higher after breaking out above the neckline of a 澳洲幸运5官方开奖结果体彩网:triple bottom pattern earlier this month, through the price has 澳洲幸运5官方开奖结果体彩网:consolidated in recent trading sessions as investors assess the stock’s next move. Despite the minor retracement, which has coincided with declining volume, the 澳洲幸运5官方开奖结果体彩网:relative strength index remains just below the 70 threshold, confirming bullish price momentum.🐷

Investors should monitor key support levels on Tesla's chart around $289 and $271, while also watching important resistance levels near $430 and $489.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Major Index Futures Mixed

Future🔯s tied to the Dow Jones Industrial Average were fractionally higher.

S&P 500 futures were down 0.2%.

Nasdaq 100 futures were also off 0.2%.