US President Trump: Want tariffs “much bigger” than 2.5%

TradingKey - The S&P 500 edged up 0.02% to 7,520.36, while the Nasdaq Composite added 0.07% to 26,674.73, supported by sustained enthusiasm for chip stocks. The Dow Jones Industrial Average rose 0.36% to 50,644.28, closing at a fresh record as investors rotated into blue‑chip names.

Tradingkey - Snowflake (SNOW) shares surged over 35% in after-hours trading following the announcement of a new partnership with Amazon AWS and its first-quarter earnings results. As of press time, the stock remained up 33% at $233.1. Snowflake reported its fiscal first quarter 2027 results, with revenue reaching $1.39 billion, up 33% year-over-year. Net revenue retention stood at 126%. Furthermore, remaining performance obligations (RPO) were $9.21 billion, up 38% year-over-year; there were 779 customers with trailing 12-month product revenue exceeding $1 million, a 29% year-over-year increase. Snowflake also provided strong guidance, forecasting a second-quarter adjusted operating margin of 12.5% and product revenue between $1.415 billion and $1.42 billion, surpassing market expectations of 11.9% and $1.37 billion, respectively.

Tradingkey - AI chipmaker Cerebras Systems (CBRS) shares rose, gaining more than 10% at one point to reach a high of $266.7. As of press time, the stock remains up 8.7% at $262.75. Renowned Wall Street investor Cathie Wood, founder and CEO of ARK Invest—often referred to as the "female Warren Buffett"—has significantly increased her stake in Cerebras Systems. Despite the stock’s post-listing retracement, Wood opted to buy the dip, signaling firm confidence in the long-term explosive potential of the company’s unique "wafer-scale" AI chip technology.

Faced with this unprecedented "trillion-level convergence" in business history, should investors join the euphoria or make an early exit?

TradingKey - Dell Technologies (DELL) will report its first quarter fiscal year 2027 results after the U.S. market close on May 28. Investors should focus on whether demand for Dell's AI servers can continue to exceed expectations and if AI server profit margins can improve.