Benzinga
Benzinga reports that while Microsoft is down about 13% in 2026, Adobe is down nearly 29%, and ServiceNow and Snowflake are down more than 30% and 19%, Datadog shares have risen about 66% YTD. JPMorgan keeps an Overweight rating and a $320 price target (about 43% upside). The article says Datadog’s Q1 results topped $1 billion quarterly revenue for the first time, beat expectations, and raised guidance, citing AI-driven cloud complexity boosting observability demand.
MAY 27·cnbc.com→
What to buy now with the market at all-time highs, according to UBS
UBS said stocks near all-time highs still offer opportunities, citing easing geopolitical tensions and a strong earnings season that lifted the S&P 500 and Nasdaq to new records. In a Tuesday note, it highlighted two screens: “inflecting fundamentals” stocks and “quality laggards.” Examples included Broadcom (forecast CFROI 77.1%) and Accenture (CFROI 43.7%, shares down 34% YTD).
MAY 26·baystreet.ca▼
Hedge Funds Hold Record Amount Of Technology Stocks
Goldman Sachs’ analysis says hedge funds hold near-record exposure to technology stocks and have been buying them at the fastest pace in nearly three months, even as prices rise. It cites microchip makers Nvidia and Advanced Micro Devices as favored, while hedge funds avoid some software names like Salesforce and Adobe due to AI disruption concerns. Goldman says buying is seen in all major regions except Europe.
