| 📊 Alain’s Holdings — May 20, 2026 | ||||
|---|---|---|---|---|
| Symbol | Name | Price | Change | Change % |
| VOO | Vanguard S&P 500 ETF | 681.57 | +6.94 | +1.03% |
| QQQ | Invesco QQQ Trust | 713.15 | +11.62 | +1.66% |
| XIU.TO | iShares S&P/TSX 60 ETF | 50.58 | +0.64 | +1.28% |
| ⬇ Short Position | ||||
| WHR | Whirlpool Corporation | 41.51 | +0.75 | +1.84% |
The bull is back — and Nvidia just fed it
A powerful reversal. Airlines, retail, and tech all surged as Iran talks progressed and oil dropped. Then after the bell, Nvidia crushed it — $81.6B revenue, Q2 guide of $89–$93B. The AI cycle is very much alive.
S&P 500
7,432.90
▲ +1.08%Bounce-back session
Dow Jones
50,025
▲ +1.31% (+650 pts)Back above 50,000
Nasdaq
26,174
▲ +1.17%Tech leads rebound
Russell 2000
2,791
▲ +1.27%Broad rally
After the bell: Nvidia crushes Q1
Revenue: $81.62B vs $79.19B expected · EPS: $1.87 vs $1.77 expected · Data center: $75.2B · Q2 guide: $89–$93B (well above $87.4B consensus). Shares jumped ~5% after hours.
Brent Crude
$104.70
▼ −6.6% (Iran talks)
WTI Crude
$97.86
▼ −6.25%
10-yr yield
4.584%
▼ −9 bps relief
Gold
$4,537
▼ −0.45%
Today’s biggest movers
UAL · United Airlines
United Airlines
+10.01%
S&P 500’s top performer. Iran diplomacy progress drove oil sharply lower — a direct lifeline for airlines whose fuel bills spiked 56% in March. Delta (+9.39%) and Southwest (+6.29%) were right behind. U.S. fuel costs hit $3.13/gallon in March; every dollar off oil materially improves margins.
TGT · Target
Target
-3.86%
Blew past Q1 estimates: $25.44B revenue (+6.7% YoY) — the biggest revenue beat since November 2021. Same-store sales +5.6%, the first positive comp in five quarters. Digital sales +8.9%. Raised full-year outlook to +4% sales growth. CEO cited “broad-based strength” across all six merchandising categories.
NVDA · Nvidia (after-hours)
Nvidia
+1.73% / +5% AH
Closed up 1.73% during the session, then surged ~5% after hours on a massive beat: $81.62B revenue (+77% YoY), EPS $1.87, data center $75.2B, gross margin 75%. Q2 guide of $89–$93B crushed the $87.4B consensus. The AI capex supercycle is intact.
Energy sector broadly
Energy stocks
−2.08%
The only major S&P 500 sector in the red. Exxon, Chevron, and ConocoPhillips all fell as Brent crude dropped $7.40/bbl on Iran ceasefire optimism. The trade reversal — lower oil is bad for energy stocks but great for everything else — played out cleanly today.
Google I/O · Alphabet
Alphabet / Google
+1.2%
Google I/O ran today with major AI announcements: new TPU 8i and 8t chips unveiled, Gemini 2.5 Ultra launched, and AI-powered search overhaul rolled out. Alphabet shares gained modestly as investors weighed competitive AI positioning versus near-term margin pressure.
Semis broadly · SOX
Semiconductors
+1.5% avg
The three-day selloff finally halted. AMD, Micron, Broadcom all recovered 1–2% during the session ahead of Nvidia’s report. After the bell, Nvidia’s blowout numbers will validate the sector’s underlying demand story heading into Thursday’s open.
Key themes
Iran diplomacy — oil drops
Trump said Iran talks are in “final stages.” Treasury Sec. Bessent told G7 China will use influence to reopen the Strait. Brent fell $7.40 to $104.70 — its steepest one-day drop since the war began.
Nvidia — AI cycle confirmed
$81.6B beats $79.2B. Q2 guide of up to $93B dwarfs the $87.4B consensus. Hyperscaler capex of $725B+ in 2026 is flowing directly through Nvidia’s data center segment. The cycle is not slowing.
Retail revival
Target’s first positive same-store sales in five quarters signals consumers are not broken — just cautious. Combined with Home Depot’s beat yesterday, the consumer sector is holding. Walmart reports Thursday.
The reversal: The Dow climbed 1.31%, fueled by strong momentum and retook the 50,000 level. The S&P 500 added 1.08% and the Nasdaq rose 1.17%. Energy (−2.08%), Staples (−0.52%), and Health Care (−0.07%) were the only declining sectors. The Globe and Mail
Nvidia: Nvidia reported Q1 revenue of $81.62 billion vs $79.19 billion expected, adjusted EPS of $1.87 vs ~$1.77 expected, data center revenue of $75.2 billion, and gross margin of 75%. Q2 revenue guidance came in at $89.18 to $92.82 billion, well above the $87.36 billion consensus. Shares jumped roughly 5% after hours. MoneyCheckThe Globe and Mail
Airlines: United Airlines Holdings was the S&P 500’s top performer at +10.01%, followed by Delta Air Lines at +9.39% and Southwest at +6.29%. Trump told reporters talks were in their “final stages,” while the immediate drop in crude eased pressure on fuel-sensitive industries — U.S. airlines saw fuel expenses spike 56.4% in March, reaching $5.06 billion. The Globe and MailThe Sunday Guardian
Target: Target posted earnings and revenue that beat Wall Street expectations, with net sales growing more than 6% year-over-year. Same-store sales jumped 5.6% — its first positive same-store sales number in five quarters. Net sales hit $25.4 billion, a 6.7% increase from a year ago, and Target raised its full-year sales outlook.
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