TradingKey

TradingKey - On May 8 at 8:30 AM ET, the U.S. Bureau of Labor Statistics released the April Non-farm Payrolls report. This marks the first time in nearly a year that non-farm payrolls have recorded growth for two consecutive months, further supporting the Federal Reserve's stance to maintain interest rates and shifting market focus toward inflation data. Specifically, U.S. April seasonally adjusted non-farm payrolls increased by 115,000, exceeding the expected 62,000, while the previous figure was revised from 178,000 to 185,000.

A glitch on the Revolut platform caused the price of Bitcoin to plunge to $0.02. While it did not trigger panic, it is essential to remain vigilant regarding the risks of such incidents.

TradingKey - On May 8 (ET), Citi stated that oil prices could rise further if US-Iran negotiations remain deadlocked, maintaining its forecast that Brent crude will reach $120 over the next three months.

Despite geopolitical tensions in the Gulf and record-low consumer confidence, leadership from Iren, Micron, and TSMC, along with stabilizing news from the UK, supported a positive market close on Friday.

• Analyst EPS forecasts and price targets were lowered. • A $495 million baby formula verdict was upheld by a court. • Healthcare sector weakness and segment growth challenges impacted stock.

• Datadog Q1 FY26 revenue surpassed $1 billion, up 32% YoY. • Analysts upgraded Datadog stock, citing AI adoption and platform relevance. • Datadog achieved FedRAMP High certification, opening government markets.

• CVS Health reported strong Q1 2026 results and raised full-year guidance. • Health Care Benefits segment recovery and improved pharmacy margins boosted performance. • Analysts maintained positive ratings, with upgraded price targets and buy signals.

• CRWV revenue beat expectations, but EPS missed estimates. • Company's Q2 revenue guidance and full-year capex forecast disappointed. • Insider selling and ongoing investigations add to investor caution.

• Cloudflare announced a 20% workforce reduction impacting over 1,100 employees. • Q2 2026 revenue guidance slightly missed consensus estimates. • Adjusted gross margin decreased to 72.8% in Q1 2026.

• ASML stock rose due to analyst upgrades and strong chip demand. • AI infrastructure investment fuels demand for ASML's advanced chip equipment. • ASML raised 2026 revenue guidance after solid first-quarter financial results.

• Fortinet Q1 2026 results exceeded analyst expectations for EPS and revenue. • Company raised financial guidance for Q2 and full year 2026. • Analysts upgraded ratings and raised price targets for Fortinet stock.

• Marvell's Q4 FY26 revenue and EPS surpassed analyst expectations. • Partnerships with Nvidia and Alphabet bolster Marvell's AI infrastructure role. • Analysts maintain positive ratings with increased earnings per share estimates.

• Analyst price targets for Palo Alto Networks were raised. • AI is driving demand for cybersecurity platforms. • CEO increased his shareholding in the company.

• Broadcom's AI semiconductor division shows robust performance and backlog. • Strategic partnerships and VMware Cloud Foundation boost AI growth. • Analysts maintain a positive "Buy" rating with optimistic price targets.

• Seagate beat Q3 2026 revenue and earnings estimates. • AI demand and new products drive Seagate's growth. • Analysts upgraded Seagate, raising price targets significantly.

• Apple may discuss chip manufacturing with Intel in U.S. • Intel reported strong Q1 2026 financial results exceeding expectations. • Regulatory clearance allows deeper AI chip collaboration with SambaNova.

• Positive analyst sentiment and raised price targets boosted shares. • Acquisition of ASMPT's NEXX business strengthens AI chip packaging. • Strong semiconductor industry outlook and financial expectations support growth.

TradingKey - Navitas Semiconductor (NVTS) is a leader in third-generation power semiconductors, pivoting away from volatile consumer charging into much faster-growing, higher-power markets such as AI data centers and grid infrastructure. Navitas stock has rallied about 88% this year, but it took a n

• Daiwa Securities upgraded Qualcomm to Outperform with a $225 target. • Qualcomm exceeded Q2 2026 earnings and revenue expectations. • New Snapdragon platforms target mid-range and budget Android devices.

TradingKey - On May 8, ET, April non-farm payroll data showed that 115,000 jobs were added during the month. Although this represents a sharp decline from the 178,000 increase in March, it exceeded market expectations of 65,000. The unemployment rate remained at 4.3%. Additionally, total non-farm pa