- Stock Market Today: Dow Up As Trump Gives Iran Warning; Michael Burry Says This As Micron Soars (Live Coverage)
May 11, 2026
The Dow Jones index rose on the stock market today after President Trump delivered an Iran warning. Intel and Micron were winners. Michael Burry spoke out.
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- Quantum Computing Stocks: Rigetti Posts Small Revenue Beat
May 11, 2026
With earnings due this week for several quantum computing stocks, Rigetti's Q1 revenue came in slightly above views.
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- Tesla's Elon Musk, Apple's Tim Cook among CEOs set to join Trump on China trip
May 11, 2026
The White House on Monday released a list of 16 top executives invited to join President Trump on his trip to China this week.
The president is set to depart Tuesday for Beijing for a series of meetings expected to last through Friday that will likely touch on issues like increasing AI communication and managing trade.
The list released Monday includes many CEOs with direct business before China. Kelly Ortberg of Boeing (BA) is expected to be along for the trip as additional purchases by China of Boeing planes and engines are widely expected to be announced this week.
Likewise, agricultural giant Cargill will be represented by CEO Brian Sikes, with Chinese agriculture purchases also a topic of discussion.
The inclusion of Elon Musk of Tesla (TSLA) is also sure to garner intense focus after his high-profile fallout with Trump last year — even as the world’s richest man has appeared alongside Trump multiple times in recent months.US President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. (REUTERS/Evelyn Hockstein)·Reuters / REUTERS
Notably absent from the attendees is Nvidia’s (NVDA) Jensen Huang, who is not expected to be in attendance even as China has angled for access to the chipmaker’s leading-edge Blackwell chips.
Huang’s lack of attendance may stem from worries among more hawkish national security leaders in the White House regarding his willingness to push Trump toward opening up the Chinese market, said Henrietta Levin, senior fellow at CSIS and the director for China under the Biden administration’s National Security Council.
The expected list of this week’s attendees, while significant, is also a smaller contingent compared with the groups accompanying Trump on some recent trips.
It was one year ago that Trump traveled to the Middle East and crossed paths with about 60 CEOs while he was there during stops that featured a heavy focus on dealmaking from Saudi Arabia to Qatar to the United Arab Emirates.
The current headcount is also scaled back from Trump’s last visit to Beijing in 2017, during his first term, when the US leader was accompanied by 29 business leaders.Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. (Patrick T. Fallon / AFP via Getty Images)·PATRICK T. FALLON via Getty Images
The tightened headcount may come from a schism within the White House between Trump’s personal instinct for “unfettered, enthusiastic” dealmaking with China and administration officials who are more hawkish on national security and don’t want to see US business interests further tied up with Beijing, Levin told Yahoo Finance.
This time around, the White House has tried to downplay expectations for major new deals and investment. A senior US official told reporters on Sunday that “there’s not a proposal out there for some massive investment” from China to the US, saying it “has not been on the negotiating table.”
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Here’s the full delegation list, according to a White House official:
Tim Cook of Apple (AAPL) Larry Fink of BlackRock (BLK) Stephen Schwarzman of Blackstone (BX) Kelly Ortberg of Boeing Brian Sikes of Cargill Jane Fraser of Citi (C) Jim Anderson of Coherent (COHR) Larry Culp of GE Aerospace (GE) David Solomon of Goldman Sachs (GS) Jacob Thaysen of Illumina (ILMN) Michael Miebach of Mastercard (MA) Dina Powell McCormick of Meta (META) Sanjay Mehrotra of Micron (MU) Cristiano Amon of Qualcomm (QCOM) Elon Musk of Tesla Ryan McInerney of Visa (V)
Cisco (CSCO) CEO Chuck Robbins had been invited, according to the White House, but the company said he is unable to attend due to the company’s earnings schedule.
Ben Werschkul is Washington correspondent for Yahoo Finance covering economic policy and the intersection of financial issues and the nation's capital. He has covered Washington for over 20 years as a reporter and video producer, working previously at the New York Times and CNN.
Jake Conley is a breaking news reporter covering US equities for Yahoo Finance. Ben Werschkul is a Washington correspondent for Yahoo Finance.
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- Tech Dominates; Nvidia’s Market Value Exceeds Entire Healthcare Sector of S&P 500
May 11, 2026
The tech sector has a record-high market cap of over $23 trillion, a 37% weighting in the S&P 500, the largest percentage ever.
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- Stock Market Today: Dow Up; Intel Gain Reaches 260%; Dividend Play Tests Entry (Live Coverage)
May 11, 2026
The Dow Jones index is steady on the stock market today after President Trump rejects an Iran proposal. Intel and Micron are winners.
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- Alphabet Is on the Brink of Beating NVIDIA in Market Value: ETFs to Buy
May 11, 2026
In a dramatic turn of events last week, Alphabet GOOGL briefly surpassed NVIDIA NVDA in after-hours trading, momentarily claiming the title of the world’s most valuable company, as cited in CNBC. This milestone follows a staggering 160% rally in GOOGL shares over the past year, signaling that investors are increasingly betting on Alphabet’s integrated AI strategy.
This neck-and-neck race for market supremacy puts a bright spotlight on exchange-traded funds (ETFs) with significant Alphabet exposure. For investors, these funds offer a strategic way to benefit from Alphabet’s momentum while maintaining a diversified portfolio, potentially driving increased demand for these investment vehicles.
Before identifying these ETFs for your portfolio, investors may want to understand what drove this surge and what could sustain Alphabet’s momentum in the years ahead. To answer these questions, we analyze the factors behind the latest rally and explore the company’s long-term growth drivers beyond AI alone.
Story Behind Alphabet’s Recent Ascension
Alphabet’s journey from the world’s second-largest company in November 2025 to briefly overtaking NVIDIA in May 2026 has been driven by several key catalysts. In particular, the turning point came after GOOGL announced blockbuster first-quarter 2026 results on April 30.
Alphabet’s revenues reached $110 billion, reflecting 22% growth, while its operating margin remained strong at 36.1%. The company also doubled its capital expenditures to $35.7 billion, signaling aggressive AI infrastructure investment without significantly hurting profitability.
Prior to this, in March, Alphabet completed its acquisition of Wiz, a premier cloud and AI security platform. This must have significantly bolstered investor confidence by integrating advanced, AI-driven threat detection across its cloud infrastructure. This buyout created a unified security powerhouse that enhances Google Cloud's ability to protect complex multicloud environments, driving further enterprise adoption and opening high-margin revenue streams in the cybersecurity sector.
Earlier, a landmark antitrust ruling last September removed a major regulatory overhang, freeing Alphabet to go all-in on AI. Since then, its custom Tensor Processing Units (TPUs) have emerged as a viable alternative to NVIDIA chips, and a reported 200 billion cloud commitment from AI firm Anthropic added to a $462 billion cloud backlog. These factors, combined with Alphabet’s profitable core businesses — Search, YouTube and Waymo — likely helped the company briefly surpass NVIDIA in valuation last week.
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Outlook: Can Alphabet Keep the Momentum?
Looking ahead, Alphabet’s presence across the entire AI stack — including chips, models, cloud and distribution — gives it a unique competitive advantage. Unlike NVIDIA, which remains primarily an AI infrastructure play, Alphabet can translate its AI investments directly into business outcomes by improving advertising, search and cloud margins. Beyond AI, additional growth drivers such as Waymo’s self-driving expansion and YouTube’s advertising resilience should help support the stock’s rally over the next few years.
ETFs to Buy
Considering the aforementioned discussion, Alphabet is on a powerful upward trajectory. However, the stock is currently trading at a premium valuation following its 160% rally, with its forward price/earnings (P/E) currently at 28, which is higher than that of NVDA’s P/E of 24. Therefore, investing directly in GOOGL right now may cost an investor. Also, Anthropic-related revenue concentration poses a risk.
Against this backdrop, investing in an ETF that holds Alphabet alongside other industry leaders can provide exposure to the same upside potential while reducing the risk associated with a single-stock pullback, such as one caused by an AI slowdown or regulatory action. This approach allows investors to benefit from broader industry growth without having to rely on just one winner.
Here are four ETFs that you may add to your portfolio:
Invesco NASDAQ Internet ETF PNQI
This fund, with a market value worth $564.7 million, offers exposure to 78 companies engaged in Internet-related businesses that are listed on the New York Stock Exchange (“NYSE”). Alphabet holds the second position in the ETF, with 9.84% weightage.
PNQI has gained 1.3% over the past year. The fund charges 60 basis points (bps) as fees. It holds a Zacks ETF Rank #2 (Buy).
Motley Fool 100 Index ETF TMFC
This fund, with asset under management worth $2.07 billion, offers exposure to 101 largest and most liquid U.S. companies that are either active stock recommendations in one of The Motley Fool, LLC research service or rank among the 150 highest-rated U.S. companies in the Motley Fool, LLC, analyst opinion database, Fool Intent. Alphabet holds the second position in the ETF, with 9.30% weightage.
TMFC has soared 28.8% over the past year. The fund charges 50 bps as fees. It holds a Zacks ETF Rank #2.
iShares U.S. Technology ETF IYW
This fund, with net assets worth $23.66 billion, offers exposure to 139 U.S. electronics, computer software and hardware, and information technology companies. Alphabet holds the third position in the ETF, with 7.46% weightage.
IYW has surged 53.7% over the past year. The fund charges 38 bps as fees. It sports a Zacks ETF Rank #1 (Strong Buy).
Vanguard Mega Cap Growth Index Fund ETF MGK
This fund, with net assets worth $31.9 billion, offers exposure to the 59 largest growth stocks in the U.S. market. Alphabet holds the fourth position in the ETF, with 5.50% weightage.
MGK has surged 30.7% over the past year. The fund charges 5 bps as fees. It carries a Zacks ETF Rank #2.
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- Equities Rise Intraday, Oil Jumps as Markets Montior Middle East Developments
May 11, 2026
US benchmark equity indexes were higher intraday as traders appeared to shake off worries about the
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- By the numbers: Corporate profits haven't been this smoking hot in years
May 11, 2026
The last time corporate profits looked this good, the world was only just turning the corner on the COVID-19 pandemic.
S&P 500 members are tracking toward 26% year-over-year earnings growth in the first quarter, making it the best earnings season since 2021, said the Bank of America team in a note on Monday.
By the numbers: With results in from 445 S&P 500 companies (86% of index earnings), first quarter earnings season has “blown past expectations,” said BofA strategist Jill Carey Hall.
The numbers to know include:
1) The S&P 500 is on pace to deliver 26% earnings per share growth year over year (18% excluding large one-time gains recognized by Amazon, Google, and Meta) versus consensus forecasts of just 12% on April 1;
2) Strength isn't confined to megacap tech companies: The median company is growing earnings per share by a solid 12% year over year;
3) 64% of companies have beaten both earnings per share and sales expectations, nearly 20 percentage points ahead of the historical average of 42% since 2001; and
4) Sales growth adjusted for foreign exchange fluctuations and inflation is on pace to rise 7% from the prior year.
All of these metrics are the best since 2021, noted Hall.Earnings have been hot!·BofA
Read more: Live coverage of corporate earnings
Bottom line: No doubt enthusiasm over the stability of corporate profits amid the Iran conflict has fueled the S&P 500 to record highs. That and the next wave of AI mania, which could catch another breeze of insanity when Nvidia (NVDA) reports earnings next week.
But the economic backdrop is far from perfect, and the first quarter could prove to be the peak for corporate earnings growth this year.
Said Hall, “While 1Q results suggest robust AI demand and a broadening Industrial recovery, the consumer outlook remains murky. We heard some talk of a "C"-economy from Hilton (i.e., lower and higher income beginning to converge), but most commentary still points to a "K", with McDonalds flagging more lower-income weakness. Planet Fitness scrapped plans to raise prices after weak membership growth, but premium gym Life Time painted a much rosier picture. Although April jobs beat expectations and layoff talk remains contained outside of tech, BAC aggregated credit and debit card data notably softened last week — could just be a blip, or an early sign that higher gas is taking a toll.”
Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com.
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- AMD and Intel lead 2026 gains as AI guard changes
May 11, 2026
For the past three years, one name swallowed nearly all the oxygen in the artificial intelligence trade: Nvidia.
Its graphics processing units (GPUs) became the gold standard for training the AI models that power everything from ChatGPT to corporate chatbots.
But something has shifted.
Investors are piling into companies that barely registered on the AI radar in 2023. And the companies leading the charge this year are the ones most people had written off, or at least overlooked.
In 2026, AMD and Intel are the hottest names in semiconductors. Let’s dive deeper.
CPUs are back and bigger than ever
Here's the simple version of what's happening.
When AI was all about building massive models, GPUs dominated. But now, the focus is shifting toward running those models in the real world, which the industry calls "inference."
And the focus is increasingly shifting toward AI agents: software that takes actions, makes decisions, and orchestrates other AI tools automatically.
That shift puts central processing units back in the driver's seat. CPUs handle the orchestration layer or the traffic management of an AI system.
AMD (AMD) CEO Lisa Su made this case bluntly on the company's first-quarter 2026 earnings call.
She now expects the server CPU market to grow more than 35% annually, reaching over $120 billion by 2030.
"Based on the demand signals we are seeing today and the structural increase in CPU compute requirements driven by Agentic AI, we now expect the server CPU TAM to grow at greater than 35% annually, reaching over $120 billion by 2030," Su stated.
Her projections have doubled over the past six months, which is exceptional.
AMD's numbers back that up.
Revenueclimbed 38% year-over-year to $10.3 billion in Q1. Data center revenue hit a record $5.8 billion — up 57% from a year ago. Free cash flowtripled to $2.6 billion.AMD CEO Lisa Su is optimistic about long-term tailwinds.Caroline Brehman /Getty Images)
The broader AI trade is getting wider
This is what Mizuho analyst Jordan Klein called a "changing of the guard in AI."
Since ChatGPT launched in late 2022, Nvidia has been the undisputed winner of the AI infrastructure boom.
But NVDA stock is up only about 15% in 2026. Meanwhile, AMD and Intel each surged112% and 240%, respectively, year to date.
The logic is straightforward. Data centers need more than just GPUs. They need memory, cables, networking gear, and yes, a lot more CPUs.
More AI:
Micron sits at the center of a red-hot chip rally IBM CEO sends blunt message on AI and quantum computing Anthropic CEO makes shocking admission about AI
Investors are betting this buildout has years to run, and that the spending will ripple out well beyond Nvidia.
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Memory has become one of the hottest sub-themes. Global supply is tight, and prices are rising.
Micron stock crossed the $800 billion market cap threshold for the first time, CNBC reported. Micron's CEO told CNBC in March that major customers are receiving only half to two-thirds of what they actually need.
Corning, which celebrates its 175th anniversary this year, also just inked a deal giving Nvidia the right to invest up to $3.2 billion in the company for optical fiber technology, CNBC noted.
Intel's unlikely comeback story
Intel's resurgence is perhaps the most striking part of 2026's chip market story.
For years, Intel fell behind and seemed to have missed the AI wave. It lost ground to AMD in data center CPUs, while wrestling with manufacturing tailwinds.
Now Intel CEO Lip-Bu Tan is making the case that the worst is over.
Q1 revenue came in at $13.6 billion, which was $1.4 billion above the midpoint of its own guidance. Its data center and AI (DCAI) segment grew 22% year over year. The company also signed a long-term supply agreement with Google.
Xeon server CPUs are in short supply, with demand running well ahead of what Intel can currently produce.
Related: Apple reaches chipmaking deal with Intel, pushing its stock to new record
Tan said the ratio of CPUs to GPUs in AI deployments, once as lopsided as one CPU for every eight GPUs in training setup, is moving toward parity as inference and agentic workloads take hold.
Valued at a market cap of $628 billion, Intel stock is up a whopping 500% in the last 12 months.
INTC stock recently gained momentum on reports that Apple is in talks with Intel to manufacture chips for U.S. devices.
The Wall Street Journal later reported that the two companies reached a preliminary agreement.
One warning investors shouldn't ignore
Not everyone on Wall Street is bullish.
BTIG analyst Jonathan Krinsky noted that the magnitude of the semiconductor rally looks a lot like what happened in 1999, just before the dot-com bust, CNBC indicated.
He's warned of a potential 25% to 30% correction in the Philadelphia Semiconductor Index, which is up 66% so far this year, CNBC confirmed.
That doesn't mean the AI buildout is a bubble. But it does mean investors should be clear-eyed. These stocks have run hard.
The fundamentals are real, but so is the risk of overpaying. For now, Wall Street has decided AI is much bigger than one company. And AMD and Intel are making sure investors know it.
Related: Analysts turn heads with AMD stock forecast after massive rally
This story was originally published by TheStreet on May 11, 2026, where it first appeared in the Investing section. Add TheStreet as a Preferred Source by clicking here.
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- Before You Invest in SpaceX, Consider This Top Competitor
May 11, 2026
The upcoming SpaceX initial public offering (IPO) has caught the market's attention, and the buzz is getting louder as SpaceX, Anthropic, and OpenAI are all planning huge public debuts.
But investing in a giant IPO may not be the right move for most individual investors. The private investors who have funded these companies until now stand to gain a windfall after they go public. But IPO stocks, especially hyped-up ones, can be extremely volatile when they first start trading, and they often drop, leaving eager retail investors with substantial early losses.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
If you're interested in what SpaceX has to offer, you might want to consider Amazon(NASDAQ: AMZN) instead. Although Amazon is known for e-commerce and increasingly for artificial intelligence (AI), it's in the middle of launching a broadband satellite business similar to SpaceX's Starlink that opens up a massive new revenue stream.
Introducing Amazon Leo
Amazon has been working on a satellite business called Project Kuiper, which it has recently renamed Amazon Leo. It's a satellite broadband company offering high-speed internet services across the globe, including rural areas not covered by standard services. It's in the process of acquiring Globalstar, which will provide access to direct-to-consumer services on its network.Image source: Getty Images.
Amazon plans to launch Leo in the coming months and already has deals with Delta and JetBlue for in-flight Wi-Fi, as well as other companies, including AT&T and Vodafone. It will also provide satellite service for iPhones and Apple Watches.
It recently completed its 10th satellite launch and now has more than 250 satellites in orbit. It's planning 20 more launches within the next year and 30 more in 2027.
CEO Andy Jassy sees a strong symbiosis between Leo and Amazon Web Services (AWS), which makes both more powerful, and he said Amazon is front-loading spending on the project because it expects it to be a huge business.
It competes directly with SpaceX's Starlink, which, according to reports, represents the bulk of SpaceX's revenue today. It's a much bigger business, with more than 7,800 satellites in orbit and 2.7 million customers worldwide. It's also the dominant global rocket launcher, which a business Amazon isn't investing in at this time.
Why Amazon might be a better buy
There are several concerns about investing in SpaceX at its IPO. There's the overhype that often leads to a post-IPO drop, valuation concerns, and general uncertainty right now -- especially because its financial statements are still private at this stage. Elon Musk and his responsibilities at Tesla add risk as well.
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Amazon, on the other hand, is a known entity, with several thriving and profitable businesses. It's nearing a $3 trillion valuation, with $742 billion in sales, while SpaceX is targeting a valuation of up to $2 trillion. If I had to choose one over the other, Amazon is the no-brainer winner, and I would revisit SpaceX at some point down the line.
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Jennifer Saibil has positions in Apple. The Motley Fool has positions in and recommends Amazon, Apple, and Tesla. The Motley Fool recommends Delta Air Lines and Vodafone Group Public. The Motley Fool has a disclosure policy.
Before You Invest in SpaceX, Consider This Top Competitor was originally published by The Motley Fool
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