Friday's big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite closed at new records on Thursday as the tech sector jumped. Both indexes are on pace for healthy May gains.
Friday’s big stock stories: What’s likely to move the market in the next trading session Apple shares are experiencing a significant rally, marking nine consecutive winning weeks and reaching new highs. Dell has also seen a substantial increase in its stock price, driven by strong earnings and revenue growth. Semiconductor stocks, including Astera Labs and Micron, are performing exceptionally well, with the VanEck Semiconductor ETF up significantly in May.
- Apple shares have posted nine straight winning weeks and are up over 15% in the past month.
- Dell’s stock surged nearly 40% after hours, trouncing earnings estimates with 88% year-over-year revenue growth.
- The VanEck Semiconductor ETF (SMH) is up 18% in May, with Astera Labs and Micron leading the gains.
- Software stocks, tracked by the iShares Expanded Tech-Software Sector ETF (IGV), are up 14% in May.
- Nike shares are up nearly 7% in May but down 40% from their August 2025 high, making it a poor performer recently.
- Buckle reports Friday morning, with executives expected to comment on inflation and consumer spending impacts.
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