Trending Stocks, Investing Tips, and Market Insights on Stockchase

with Alan Tong

After the close

With Allan Tong

29/05/2026 at 09:02pm

AI tech and Mideast hopes drive markets to highs

Wall Street’s three major indices made intraday all-time highs on Friday, boosted by strong AI earnings and hopes of a resolution between the U.S. and Iran. Dell reported a slam-dunk quarter and raised guidance. Iits shares soared 32.76% to help lift the S&P 0.22%, the Nasdaq 0.2% and the Dow 0.72% higher. The momentum carried other tech names, including Microsoft up 5.45% and even software names such as Adobe by 7.36%. Meanwhile, Clorox slid 6.42% and Intel fell 5.14%. For the week, the S&P rose 1.4%, the Nasdaq 2.4% and the Dow 0.9%. The U.S. 10-year yield, though, held around 4.435% as did Bitcoin at US$73,600.

Tech also led the TSX as the Canadian index gained 0.7% and slightly more than that for the week. Sectors were mixed, but materials were strong and offset losses in energy while investors wait for Trump to make an announcement about Iran late Friday. Silver held at US$75.40 as gold edged up by US$50 to US$4,545. WTI slipped over a dollar to US$87.75. Key names on Bay Street: Celestica 10.17%, Equinox Gold 8.29%, Open Text 2.12%, MDA Space -8.42% and Goeasy -3.57%.

💻 Dell Computers (DELL) +32.76%

Ⓜ Microsoft Corp (MSFT) +5.45%

💾 Adobe Systems (ADBE) +7.36%

🧴 Clorox Company (CLX) -6.42%

💾 Intel (INTC) -5.14%

🧬 Celestica Inc (CLS.TO) +10.17%

🥇 Equinox Gold (EQX.TO) +8.29%

💾 Open Text (OTEX.TO) +2.12%

🧬 MDA Space Ltd. (MDA.TO) -8.42%

🏛 goeasy (GSY.TO) -3.57%

Kevin Simpson
Kevin Simpson on Halftime Report on CNBC29/05/2026 at 07:16pm

US EQUITIES

unlockUnlock Rating

The 30x forward PE is justified, given strong earnings. He doesn't know how long this momentum will last, but he wouldn't jump off the ship today. The hyperscalers have so much free cash flow to keep buying. If the ROI doesn't emerge later, then this momentum could come to a stop, but he expects this to keep momentum to keep going for a few years.

Karen Firestone, CEO, Aureus Asset Management
Karen Firestone, CEO, Aureus Asset Management on Halftime Report on CNBC29/05/2026 at 07:15pm

US EQUITIES

unlockUnlock Rating

It trades less than the market PE and is breaking out.

Bryn Talkington
Bryn Talkington on Halftime Report on CNBC29/05/2026 at 07:12pm

US EQUITIES

unlockUnlock Rating

Earnings are surprisingly strong. Dell is clearly taking share from Super Micro Computer as the data centre build-out takes shape. Their backlog grew, raised guidance, and infrastructure services grew 181% over a year. Also, there's a huge share buyback, but we're still in early days. Earnings and margins will continue to be strong with these data centre names. Revenues have been growing 20% annually consistently. Demand is strong and will endure.

Stephen Weiss, Founder, Short Hills Capital Partners
Stephen Weiss, Founder, Short Hills Capital Partners on Halftime Report on CNBC29/05/2026 at 07:07pm

US EQUITIES

unlockUnlock Rating

Is not concerned with rising costs. Dell has much-higher earnings backed by strong demand. They can pass on costs to their customers.

Brianne Gardner
Brianne Gardner on Market Call (BNN TV)29/05/2026 at 07:00pm

NORTH AMERICAN - LARGE

unlockUnlock Rating
Copper.

Enormous amounts required by AI, data centres, electrification, and power grids. Supply struggling to keep up. Gives you exposure to long-term economic and technology growth.

This Week’s Stock Picks & BNN Top Picks Summary: META-Q, UBER-N and 17 Stock and 6 ETF Top Picks (May 22-29)
29/05/2026 at 11:04am

This Week’s Stock Picks & BNN Top Picks Summary: META-Q, UBER-N and 17 Stock and 6 ETF Top Picks (May 22-29)

This week were 17 Stock and 6 ETF Top Picks in a wide range of industries: Consumer, Financials, Technology, Industrials, Utilities, Energy and ETF. Here are this week´s Top Picks as selected by: Michael O’Reilly, Billy Kawasaki, Martin Cobb, Jamie… read more