Oracle climbs 6% and Intel breaks $99 as Nasdaq closes at record, SOXX +0.9%

Oracle (NYSE: ORCL) gained 6.47% on a Wedbush bull note while Intel (NASDAQ: INTC) extended its YTD rally to 153% on the Tesla 14A foundry deal. Datadog and Cloudflare both up over 6% into next Thursday's earnings. Nasdaq Composite closed at a fresh all-time high; SOXX +0.93%.

AI stocks daily, $ORCL $INTC $DDOG chart 2026-05-01
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Oracle Corp. (NYSE: ORCL) climbed 6.47% to $171.83 on Friday, leading a broad software bid that pushed Datadog Inc. (NASDAQ: DDOG) up 6.31% and Cloudflare Inc. (NYSE: NET) up 6.11% ahead of next week's Q1 earnings, while Intel Corp. (NASDAQ: INTC) closed above $99 to extend a year-to-date rally now north of 150%. The S&P 500 added 0.29% to 7,230.12, the Nasdaq Composite rose 0.89% to a fresh all-time high of 25,114.44, and the iShares Semiconductor ETF (NASDAQ: SOXX) advanced 0.93% to $465.75.

Today's biggest movers

Ticker Close Day 1mo YTD
$ORCL $171.83 +6.47% +17.39% -12.20%
$DDOG $140.53 +6.31% +16.76% +5.05%
$NET $217.50 +6.11% +2.74% +10.96%
$INTC $99.62 +5.44% +97.74% +152.97%
$MDB $263.46 +5.04% +4.09% -34.08%
$AMAT $389.08 -1.37% +11.65% +44.71%
$SMCI $27.09 -1.13% +16.67% -12.50%
$ASML $1,427.02 -0.83% +8.33% +22.62%
$NVDA $198.45 -0.56% +11.87% +5.08%
$META $608.74 -0.52% +5.97% -6.41%

Oracle gains 6.47% on Wedbush bull note as cloud backlog story holds

Oracle Corp. (NYSE: ORCL) closed at $171.83, up 6.47% on the day and 17.4% over the past month. Wedbush reiterated its Outperform rating with a $225 price target, citing the company's expanding cloud-infrastructure backlog and AI-driven workload migrations. Across 36 analysts tracked by sell-side aggregators, ORCL carries a Buy consensus and an average 12-month price target of $260.11, implying a 51.4% advance from current levels. The stock is still 12.2% below its YTD start, leaving room for the rally to extend before next earnings on June 16.

Intel breaks $99 on foundry traction, up 153% YTD

Intel Corp. (NASDAQ: INTC) added 5.44% to $99.62, putting the stock 97.7% higher over the past month and 153% higher year-to-date. The advance follows last week's Q1 print, the sixth consecutive beat under CEO Lip-Bu Tan, and confirmation that Tesla Inc. (NASDAQ: TSLA) signed on as Intel's first major 14A external foundry customer for the Terafab AI-chip complex in Austin. Foundry revenue rose 16% year-on-year to $5.4 billion. Sentiment remains split. Of 31 analysts, 65% have Hold ratings, only 26% Buy or Strong Buy. The Motley Fool flagged INTC as overbought after the violent re-rating; Forbes asked where the stock goes next from record territory above $100.

Datadog and Cloudflare bid up ahead of May 7 earnings

Both names rallied into next Thursday's prints. Datadog Inc. (NASDAQ: DDOG) closed at $140.53, up 6.31% on the day and 16.8% over the month, with the Street looking for a Q1 beat after Q4 EPS of $0.59 cleared the $0.39 estimate by 51%. Cloudflare Inc. (NYSE: NET) added 6.11% to $217.50, with consensus expecting $0.23 EPS on $621.91 million revenue. NET still trades at a forward P/E of 188, the most extended multiple in the AI-software complex; FY26 revenue guidance of $2.785 to $2.795 billion implies 28% to 29% growth, the slowest top-line pace since 2021.

MongoDB closes at $263.46, +5.04%

MongoDB Inc. (NASDAQ: MDB) joined the software bid, finishing at $263.46. The stock remains 34.1% below its YTD start, the worst performer in the data-infrastructure cohort tracked here, despite Q4 EPS of $1.65 beating consensus by 11.5% and revenue of $695.1 million up 27% year-on-year. Across 33 analysts the average price target sits at $368.67, a 36.8% premium to today's close, with Buy consensus.

Applied Materials lone notable laggard on China export halt

Applied Materials Inc. (NASDAQ: AMAT) slipped 1.37% to $389.08, the only chip-equipment name in the red. The U.S. Department of Commerce ordered AMAT and several peers to halt certain tool shipments to Hua Hong Semiconductor, China's second-largest chipmaker. China revenue mix has already compressed from approximately 45% in Q1 fiscal 2024 to roughly 30% today. AMAT still trades at a 42x trailing P/E after a 155% twelve-month run, the kind of multiple that Trefis flagged on April 29 as boom-or-bubble territory. Earnings May 14.

Notable but quieter

Nvidia Corp. (NASDAQ: NVDA) drifted 0.56% lower to $198.45 ahead of its May 20 print, where management has pre-guided $78 billion in revenue and consensus EPS of $1.76 implies 117% year-on-year earnings growth. Meta Platforms Inc. (NASDAQ: META) closed at $608.74, off 0.52%, stabilizing after Wednesday's 9% drop on the capex-shock print. Super Micro Computer Inc. (NASDAQ: SMCI) at $27.09 fell 1.13% on no specific news flow. ASML Holding (NASDAQ: ASML) at $1,427.02 eased 0.83%; the EUV-monopoly story remains intact at +22.6% YTD.

What to watch next week

Datadog and Cloudflare both report Thursday May 7 before the open. Applied Materials reports May 14. Nvidia reports May 20 with the $78 billion revenue guide already in the price; the question for that print is gross-margin direction now that the 25% rule on Hopper-to-Blackwell mix shift starts compounding. Broadcom Inc. (NASDAQ: AVGO) follows on June 4 with consensus revenue of $22.4 billion (+49% year-on-year). For prior-day context see our recap of Alphabet's 10% rip and Meta's 9% capex selloff, and our Tuesday note on the Intel and AMD Q1 blow-out that kicked this week's chip rally into gear.

Not investment advice.

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Daniel Singer

Written by

Daniel Singer

Editor, StartupHub.ai

Daniel Singer is the editor of StartupHub.ai, a technology expert and thought leader on AI and its applications across sectors, from fintech and healthcare to developer tooling and consumer software. He writes and tests the tools covered here thoroughly and regularly, and built StartupHub.ai to give founders, operators and buyers a clearer read on what they are actually being sold.