On April 29, 2026, the U.S. stock market traded mixed, reflecting a Neutral tone. This breakdown explains what drove the moves and what traders were watching.

Top Market Movers

$INTC — Intel Corporation

Foundry business momentum; +10.19% close; RSI at 85.87 signals strong momentum

Bullish case: Foundry division gaining traction; up 92% in April; analyst price target hikes; potential turnaround narrative
Bearish case: Extreme RSI (85.87) suggests overbought conditions; EPS negative (-$0.63 ttm); foundry business still struggling fundamentally; profit-taking risk

Price target: $80.97 analyst target (vs. $93.14 current)

$AMD — Advanced Micro Devices

+2.38% close; analyst price target hike ahead of earnings; RSI at 74.93 (overbought)

Bullish case: Analyst upgrades; strong momentum into earnings; AI/data center tailwinds; relative strength vs. NVDA
Bearish case: RSI overbought at 74.93; OpenAI concerns rippling across AI stocks; high valuation (P/E 126); earnings execution risk

Price target: $302.83 analyst target

$SOFI — SoFi Technologies

-13.48% plunge; volume spike 2.3x average; earnings beat but cautious guidance

Bullish case: Revenue beat; record earnings; potential value trap at lower prices; fintech growth story intact
Bearish case: Massive selloff despite earnings beat signals guidance disappointment; cautious forward outlook; high short interest (12.64%); momentum broken; P/E 41.78 still elevated

Price target: $23.57 analyst target (vs. $15.89 current)

$COIN — Coinbase Global

-7.64% decline; crypto sentiment mixed; regulatory headwinds (Meta AI deal blocked by China)

Bullish case: Digital dollar narrative gaining traction; stablecoin adoption potential; crypto market recovery if macro improves
Bearish case: Regulatory uncertainty; high short interest (11.75%); crypto volatility; geopolitical risks; P/E 40.86 elevated for cyclical asset

Price target: $238.20 analyst target

$PLTR — Palantir Technologies

-3.07% decline; stock down 32% from peak; earnings upcoming

Bullish case: AI-driven steelmaking partnerships (Cleveland-Cliffs); government/enterprise AI demand; upcoming earnings could be inflection
Bearish case: Extreme valuation (P/E 213.79); down significantly from highs; RSI 43.11 shows weakness; earnings execution critical; profit-taking risk

Price target: $190.48 analyst target

→ View the full interactive briefing for April 29, 2026