Stock Market Today (LIVE): Is Netflix Watching You Watching?; Airbnb CEO Eyes Amazon-Style Empire

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4:09 pm

Stocks are edging higher Monday, with chipmakers Intel (INTC +3.56%), Nvidia (NVDA +1.90%), and Micron (MU +6.49%) among the most active stocks following last week’s blistering AI-driven rally. The mood has a complication, and that's oil. U.S. crude jumped 2.8% to $98.07 a barrel after weekend U.S.-Iran diplomacy stalled, leaving the Strait of Hormuz closed. Brent crossed back above $104. Rising energy prices are pushing bond yields up, with the 10-year at 4.41%, a headwind for growth stocks.

3:47 pm — NFLX -2.60%

Texas Attorney General Ken Paxton filed suit against Netflix (NFLX 2.32%) on Monday, accusing the streamer of secretly collecting and selling user data to advertisers. The company has publicly claimed otherwise; the complaint quotes former CEO Reed Hastings saying in 2020, "we don’t collect anything." Paxton wants Netflix to purge illegally collected data and pay up to $10,000 per violation. My read on the suit," wrote CMFFrankDip, Ticker Guide for Netflix, "is that Netflix is using viewing data to target people with programmable ads—this is done by most every media company."

3:31 pm — ABNB -2.22%

Airbnb (ABNB 3.01%) CEO Brian Chesky is done thinking small. He wants to transform Airbnb from a home-rental brand into a full-service platform built around individual identity. Picture Amazon’s (AMZN 1.43%) leap from books to everything—but for how you live, travel, and experience the world. Chesky wants a universal profile at the center, storing your preferences, building a real-world social graph, and eventually unlocking a membership program with up to 50 different offerings. Motley Fool analyst Jason Moser recently pointed out that Truist (TFC 2.36%) upgraded Airbnb from Sell to Hold with a $129 price target, citing 16% gross booking value growth in Q4 and improving 2026 profitability expectations.

2:37 pm — KTOS -2.09%

Kratos Defense & Security (KTOS 1.55%) keeps sliding — down another 2% Monday — as Jefferies becomes the seventh analyst to cut its price target since last week’s earnings. To be fair, Jefferies still likes Kratos; it just likes it $5 less than before. Q1 revenue grew 23%, and a book-to-bill ratio of 1.6 means orders are piling up faster than Kratos can fill them. Still, free cash flow was negative $47.3 million.

2:04 pm — BE +12.11%

Bloom Energy (BE +8.94%) jumped more than 10% Monday on what can only be described as "vibes plus NASA." There’s no earnings surprise, no analyst upgrade. Simply a story about NASA testing fuel cells for a moon base. Researchers at Glenn Research Center are experimenting with systems that turn hydrogen and oxygen into electricity, heat, water, and breathable air. Bloom doesn’t build moon bases. Yet...

1:30 pm -- DIS -3.0%

Walt Disney (DIS 3.27%) is embroiled in a regulatory battle as FCC Commissioner Anna Gomez warns of a "coordinated campaign" to pressure ABC into submission. Republican Chairman Brendan Carr has fast-tracked a rare review of Disney’s eight broadcast licenses — originally set for 2028 — following controversial segments on "The View" and Jimmy Kimmel Live!. This aggressive oversight follows a $15 million settlement Disney paid to the Trump presidential library in late 2024 to resolve separate litigation. With the FCC now probing whether talk shows qualify as "bona fide" news exempt from equal-time rules, the media giant faces an unprecedented threat to its broadcast infrastructure and long-term operating certainty.

1:35 pm -- GOOG -1.8%

Alphabet (GOOG 2.62%) security researchers said they found the first confirmed case of a cybercrime group using AI to build a hacking tool that can bypass defenses in a widely used system administration application. Google said it has "high confidence" that AI helped discover and weaponize the exploit, marking a real-world arrival of the threat scenario that recently sparked panic over Anthropic's Mythos model.

12:45 pm -- DRAM +5.0%

The Roundhill Memory ETF (NASDAQ: DRAM) has become the fastest ETF in history to reach $6.5 billion in assets, hitting the milestone in just 36 days and dethroning BlackRock's (BLK 0.39%) iShares Bitcoin Trust. This record-breaking surge is powered by Micron Technology (MU +6.49%), which anchors 27% of the fund. Investors are aggressively piling into the memory supply chain, betting that high-bandwidth memory is the essential "new math" of the AI age. While the fund soared 13% on Friday alone, analysts warn that the industry’s history of boom-bust cycles remains a lurking risk if Western Digital (WDC +7.46%) and others expand capacity too quickly.

12:05 pm -- INTC +1.8%

Intel (INTC +3.56%) shares climbed Monday after CEO Lip-Bu Tan teased "exciting new products" in development with Nvidia (NVDA +1.90%). The collaboration centers on high-performance data center chips and AI-driven consumer PCs that integrate Nvidia’s RTX graphics into Intel’s silicon. This partnership, bolstered by Nvidia’s $5 billion stake in Intel, is a cornerstone of a massive turnaround that has seen shares surge nearly 500% over the last year. Further fueling the rally, reports indicate Intel has secured a preliminary deal to manufacture chips for Apple (AAPL 0.17%), signaling that its foundry business is finally gaining the scale needed to challenge Taiwan Semiconductor (TSM 1.86%).

11:40 am -- CMG -2.4%

Chipotle Mexican Grill (CMG 1.75%) CEO Scott Boatwright is doubling down on operational simplicity to drive long-term value, ruling out "random initiatives" like breakfast or fish tacos. Despite pressure to boost 2026 sales, Boatwright argues that breaking into the crowded breakfast daypart is too risky, while fish tacos are disqualified because the chain famously refuses to use freezers for its ingredients. While the brand is still "innovating back at the ranch" on dessert ideas, the focus remains squarely on maximizing the efficiency of the lunch and dinner rushes that have defined the company since 1993.

11:25 am -- META -1.4%

Meta Platforms (META 1.79%) is facing a major legal challenge after Santa Clara County filed a lawsuit alleging the tech giant knowingly profited from fraudulent advertisements. The complaint, representing all California residents, claims Meta earned up to $7 billion annually from "high-risk" scam ads on Facebook and Instagram. Prosecutors allege that leaked documents show Meta implemented "guardrails" to prevent anti-fraud measures from hurting the bottom line. Most concerning for investors, the suit suggests Meta’s generative AI may be assisting unethical marketers and that the company can "adjust the flood" of scam ads to meet specific revenue targets.

10:10 am

April home sales stalled, rising just 0.2% and missing analyst expectations of a 3% bounce. The lethargy stems from a sharp mortgage rate spike triggered by the conflict with Iran, pushing the 30-year fixed rate to 6.42%. While the S&P 500 sits at record highs, potential buyers face a record-high median April home price of $417,700. Tight inventory continues to benefit homebuilders like Lennar (LEN 1.46%) and D.R. Horton (DHI 1.81%), as existing homeowners remain "locked in" to lower rates, keeping the secondary market supply at a restrictive 4.4-month level.

Affordability Tug-of-War: Despite price gains, NAR reports that average income growth is outrunning home appreciation, though soaring borrowing costs largely neutralize these wage gains for new entrants.

Cash is King: All-cash deals maintained a 25% share of the market, insulating a quarter of transactions from the volatility seen by mortgage-dependent buyers and companies like Rocket Companies (RKT 5.48%).

9:35 am

The S&P 500 and the Nasdaq are catching their breath this Monday following a historic six-week winning streak. Early gains were capped as President Trump dismissed Iran's latest peace proposal as "totally unacceptable," reigniting fears of a prolonged conflict. Consequently, West Texas Intermediate futures climbed 1% to over $96 per barrel. Despite the geopolitical friction, investors are leaning on last Friday’s blowout jobs report, where hiring doubled expectations, to support a "secular bull market" thesis. Markets remain near all-time highs as traders weigh a slowing economy against resilient corporate earnings.

9:25 am -- CVSA flat in pre-market trading

By Jim Gillies

If you've spent any time watching my appearances on Fool24 or are a member of Hidden Gems Canada, where I spend most of my days, you'll know that my "schtick" is the small, the perhaps strange, the misunderstood. Basically, companies that don't get a lot of love around Fooldom aside from me.

One such company reported last week, and let's just say that early results validate that I've chosen to recommend it twice in HG Canada. I'm talking about Covista (CVSA 2.62%), the for-profit education company with a focus on medical professions (nurses, doctors, nurse practitioners, veterinarians). If that company name doesn't seem familiar, you may remember Covista under its prior name, Adtalem Global Education, with the name (and ticker) switch becoming official in February of this year.

The theme from Covista's fiscal third quarter can probably be summarized as, "We did what we said we were going to do."

8:00 am -- MNDY +19.33% in pre-market trading

Work management powerhouse monday.com (MNDY +6.86%) delivered a robust first-quarter beat, reporting revenue of $351.3 million--a 24% year-over-year increase that handily cleared internal and analyst expectations. Leadership highlighted a strategic shift toward consumption-based pricing and the successful rollout of its AI Work Platform as primary catalysts. Perhaps most significant for the long-term investor is the company's newfound operating leverage; CFO Eliran Glazer noted that internal AI productivity gains are now allowing the firm to scale top-line revenue without a corresponding increase in headcount. Despite a 190 basis point drag from foreign exchange, no