Wall Street Today: S&P 500 Hits Record To Start Short Week

Just past 4 pm ET, the     $S&P 500 Index (.SPX.US)$ climbed 0.24%, the         $Dow Jones Industrial Average (.DJI.US)$ climbed 0.02%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 0.07%.

Elsewhere in the economy,   $Crude Oil Futures(MAY5) (CLmain.US)$ climbed to $71, as Trump's team spoke with the Russian representatives in Saudi Arabia to attempt to find a way to end the Ukranian war. In remarks at the end of the day, Trump said his people talked to their people, said things went well, and the violence must stop but did not so far give more information.

Gold rose and treasuries climbed.   $Bitcoin (BTC.CC)$  fell down to $93,000 at its lowest today.

$Intel (INTC.US)$ options volume jumped above that of $Tesla (TSLA.US)$ Tuesday, while the underlying stock flew to its highest spot since amid reports that the semiconductor company could be broken up under potential deals with $Taiwan Semiconductor (TSM.US)$ and $Broadcom (AVGO.US)$.

$Meta Platforms (META.US)$ shares fell back 2%, not a lot in the grand scheme of things, but enough to snap the firm's 8-week winning streak.

$NeoGenomics (NEO.US)$ fell to their lowest price in more than two years after the company reported a widened net loss in the fourth quarter, guiding for continued unprofitably in the current year. The stock sank 23%, to $11.11, in early afternoon trading Tuesday. Shares are down 32% since the beginning of the year.

$Super Micro Computer (SMCI.US)$ climbed about 16%. The troubled firm posted unaudited earnings last week above estimates and said its 2026 revenue would be $40 billion- $10 billion more than Wall Street Expected. Of course, the firm cut its current year guidance by $5 billion. Wedbush and JP Morgan analysts raised their price targets, while Needham Anlysts suspended their guidance until the firm finally released its full-year results from June.

$Intel (INTC.US)$ climbed 16% after weekend news reported by the Wall Street Journal that Broadcom and Tawain Semiconductor were discussing the idea of splitting the firm into controlled stakes- TSMC running the factories, while Broadcom runs the chip design and marketing.

$Walgreens Boots Alliance (WBA.US)$ shares climbed 14% after CNBC’s David Faber said Tuesday its deal with Sycamore to go private was now back on the table.

$Grab Holdings (GRAB.US)$ shares climbed 8% in a lead-up to the firm's Q4 earnings this week. The Singapore government also released its year budget goals, stating a 50% corporate tax rebate that Benzinga attributed to Grab's climb.

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