# The S & P 500 closed at its first record high since late January.

*business · news · 2026-04-16 · CNBC*

## Key points

- Nike turnaround is harder than expected; another poor quarter may prompt a portfolio exit.
- Apple's forthcoming foldable iPhone and Gemini-infused Siri are viewed as unique growth drivers.
- GE Vernova's gas turbines and nuclear units are now in high demand due to the AI boom.
- Eaton expanded its AI data center exposure by acquiring liquid-cooling company Boyd Thermal.
- Honeywell's aerospace spin-off could soon be worth more than the whole company today.

**Companies:** Apple, Amazon, Microsoft, Nvidia, Alphabet, Meta Platforms, Nike, Broadcom, Honeywell, GE Vernova, Goldman Sachs, Corning, Eaton, Boeing, Dover, Cardinal Health, Starbucks, Salesforce
**Countries:** United States, China, South Korea, Taiwan

[Read the full story on CNBC](https://www.cnbc.com/2026/04/16/heres-our-april-update-on-all-31-portfolio-stocks-including-4-buys.html)

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