S&P 500, Nasdaq, Dow futures pause after stocks close out April at record highs
May 1, 2026
Breaking News
Image source: AI-generated image created with OpenAI.
US stock futures took a breather on Friday, after a powerful rally that pushed major indexes to fresh records and capped a standout April for equities.
Contracts on the Dow Jones Industrial Average and S&P 500 both nudged up about 0.1%. Nasdaq 100 futures hovered below the flat line after Wall Street stocks closed out their best month since 2020.
Shares of Apple jumped roughly 3% in premarket after the iPhone maker’s better-than-expected quarterly results.
Faith in Big Tech has been stoked by a run of “Magnificent Seven” earnings reports this week that fueled optimism about the AI demand boom.
Investor sentiment has been buoyed by a resilient first quarter earnings season overall and easing geopolitical concerns in the Middle East.
Despite volatility tied to the US conflict with Iran, the three US major indexes have rebounded sharply and now sit comfortably above their levels at the start of 2026. Yahoo Finance reports.
EdgeUp
🪙 Shuttle merges with United Dogecoin to become the world's largest public Dogecoin miner
Shuttle Pharmaceutical Holdings has entered into a definitive merger agreement to acquire United Dogecoin Inc., a Dogecoin mining company driven by industry experts.
United Dogecoin will be merged into a wholly owned subsidiary of Shuttle.
The merger is supported by an $11 million concurrent private investment in public equity financing expected to close on May 4, 2026.
United Dogecoin's competitive advantages begin with its size.
Upon closing of the PIPE, United Dogecoin intends to secure a purchase order of up to 3,000 newest generation ElphaPex mining rigs.
Within 60 days, the mining rigs are expected to be online, delivering a hash rate of up to 43,200 GH/s, approximately 1.5% of the world's Dogecoin mining capacity at this time. NewsFile Corp reports.
💬 Reddit rallies as AI-driven ad growth fuels strong revenue outlook
Reddit shares jumped 16% in premarket trading on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company's AI-driven advertising tools.
The company's AI-optimized ad platform helps advertisers place targeted ads directly within relevant discussion threads across its interest-based communities called subreddits.
The strong results signal that the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Facebook. Reuters reports.
📡 Twilio stock soared to its highest level in 4 years as AI helps turnaround
When Khozema Shipchandler took the helm as CEO of cloud communications company Twilio in early 2024, activist investors were demanding cost cuts.
Its stock had declined sharply since its pandemic high in 2021.
The company has worked to turn itself around, and its bets on AI may be paying off.
Twilio stock soared by more than 19% in out-of-hours trading, hitting its highest level in four years, after a strong earnings report on Thursday. BusinessInsider reports.
💻 Apple is facing Mac mini supply constraints as AI and OpenClaw developers buy up tiny desktops
Silicon Valley’s favorite AI tool is making it harder to get Macs, and Apple CEO Tim Cook says it could take the company some time to catch up with demand.
AI developers and enthusiasts have been snatching up Mac minis and Mac Studios to run the AI agent platform OpenClaw, thanks to their relative affordability and ease of use.
That’s made it difficult for some customers to get their hands on the compact, screenless desktop systems. Yahoo Finance reports.
🎮 Roblox shares plunge as forecast cut signals safety measures weighing on user growth
Roblox shares plunged 24% in premarket trading on Friday after the company lowered its annual bookings forecast, raising concerns that new safety measures could weigh on user growth for several quarters.
The videogame platform warned of "continued short-term friction" from new product changes, including age-based accounts, age verification and expanded content monitoring, that have restricted communication and slowed new user acquisition. Yahoo Finance reports.
Top 5 Movers in Early Pre-Market
(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Stock Analysis reports.
1) CUE: Cue Biopharma, Inc.
Total gain: +97.83%
2) ESPR: Esperion Therapeutics, Inc.
Total gain: +56.50%
3) AKAN: Akanda Corp.
Total gain: +29.76%
4) SST: System1, Inc.
Total gain: +23.15%
5) TEAM: Atlassian Corporation
Total gain: +21.37%
Yesterday’s Biggest Movers
The closing price of the top three market percent gainers trading near or above $3 on April 30.
Stock Analysis reports.
*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time
1) HCAI: Huachen AI Parking Management Technology Holding Co., Ltd
Total gain: +100.18%
The stock appeared to be moving on no notable news.
2) AKAN: Akanda Corp.
Total gain: +88.38%
The stock appeared to be moving on no notable news.
3) AVLN: Avalyn Pharma Inc.
Total gain: +63.83%
The company announced the pricing of its upsized initial public offering of 16,666,667 shares of its common stock at a price to the public of $18.00 per share. The gross proceeds to Avalyn from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $300 million. All of the shares are being offered by Avalyn. In addition, Avalyn has granted the underwriters a 30-day option to buy an additional 2,500,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. Globe Newswire reports.
Today’s Notable Earnings
*Estimate and Actual numbers represent Earnings Per Share in US Dollars
MITSY: Mitsui & Co
Q4 2026
Before Market Open
Estimate: N/A
Actual: 9.940
NWG: NatWest Group
Q1 2026
Before Market Open
Estimate: 0.440
Actual: 0.480
XHR: Xenia Hotels & Resorts
Q1 2026
Before Market Open
Estimate: 0.370
Actual: N/A
Today’s Economic Dates
Time (ET) | Report | Period
9:45 AM - S&P final U.S. manufacturing PMI (final) - April
10:00 AM - ISM manufacturing - April
Parting Thoughts
“Trading doesn’t just reveal your character, it also builds it.”
– Yvan Byeajee
Sourced in: Berkshire Hathaway letters.
Disclaimer
TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas ; TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF); and TradeZero Europe B.V., a Dutch broker dealer, authorized and regulated by the Dutch Authority for the Financial Markets (AFM) (collectively, the “TradeZero Broker Dealers”).
TradeZero Broker Dealers offer self-directed electronic securities trading to their customers. TradeZero Broker Dealers do not provide financial or trading advice and do not make investment recommendations to their customers. This communication does not constitute an offer to sell or a solicitation to buy any security or instrument which it may reference. There is a risk of loss in online trading of securities including equities and options. Trading on margin is for experienced investors whereby the loss can be greater than your initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses. Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risks of Standardized Options, also known as the Options Disclosure Document (ODD) at OCC.
If you have any specific questions about TradeZero's brokerage services, please reach out to the TradeZero Broker Dealer servicing your jurisdiction.