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Investment Review №346. Riding the Green Wave

S&P 500 From May 26 to June 1, 2026

Investment Review №346. Riding the Green Wave

S&P 500 From May 26 to June 1, 2026

Key Events on the US Stock Market

S&P 500

26.05.2026 — 7 519

  • Zscaler delivered strong results but issued conservative FY2027 guidance. Despite this, demand for Zero Trust and AI Security solutions remains strong, with both revenue and ARR up 25% YoY.

 

27.05.2026 — 7 520

  • Snowflake reported strong quarterly results, raised guidance, and highlighted accelerating customer adoption of AI. The expanded partnership with AWS, worth more than $6bn, provided an additional catalyst.

 

28.05.2026 — 7 563

  • U.S. personal spending rose 0.5% MoM in April, confirming resilient consumer demand despite continued pressure on household incomes.
  • U.S. personal income was flat in April versus expectations for 0.4% MoM growth, marking the weakest reading in recent months.

 

01.06.2026 — 7 599

  • June opened with two major industry events—Nvidia GTC and Computex—where chipmakers including Nvidia, AMD, Intel, Qualcomm, and Marvell presented new products.

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