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Morning Bid: No stopping AI frenzy in Asia
Reuters103d agoneutral
Morning Bid: No stopping AI frenzy in Asia

A look at the day ahead in European and global markets from Ankur Banerjee Japan's Nikkei returned from holiday and jumped onto the scorching AI rally, joining South Korea and Taiwan equities at

The Chip Craze Is Turning a Glass Company and a Toilet Maker Into AI Stocks
The Wall Street Journal103d agoneutral
The Chip Craze Is Turning a Glass Company and a Toilet Maker Into AI Stocks

Investors’ pursuit of the companies supplying key materials to the artificial intelligence build-out is powering an epic rally in shares of chip makers. The AI trade has boosted stocks’ record run, with the S&P 500 climbing 1.5% to new highs on Wednesday after signs of progress on a Middle East peace deal and strong earnings from Advanced Micro Devices It has also sparked volatility in markets, sending investors swinging between worries that AI won’t produce the expected blockbuster profits and fears it will disrupt entire industries. Corning is among the latest companies to reap a windfall from the ripple effects of the data center build-out.

Risk On Again — Heard on the Street Tuesday Recap
The Wall Street Journal104d agoneutral
Risk On Again — Heard on the Street Tuesday Recap

Oil prices slipped and stocks advanced on hopes that the U.S. and Iran can avoid resuming their full-scale war. The United Arab Emirates said it was intercepting new attacks from Iran hours after the U.S. said Iran's latest military actions didn't rise to the level of violating the cease-fire. U.S. officials sought to play down the events of the past 24 hours, including Iran’s targeting of American warships and attacks on other vessels in the Strait of Hormuz.

Review & Preview: Earnings in Focus
Barrons.com104d agoneutral
Review & Preview: Earnings in Focus

With the Iran cease-fire still seemingly intact, oil prices retreated today, giving the market some room to run. The tech-heavy Nasdaq Composite rose 1%, while the The S&P 500 gained 0.8%. While there has been no real uptick in traffic through the Strait of Hormuz, the fact that the cease-fire remains in effect was enough to temper oil prices on Tuesday.

Risk On Again — Heard on the Street Recap
The Wall Street Journal104d agoneutral
Risk On Again — Heard on the Street Recap

Oil prices slipped and stocks advanced on hopes that the U.S. and Iran can avoid resuming their full-scale war. The United Arab Emirates said it was intercepting new attacks from Iran hours after the U.S. said Iran's latest military actions didn't rise to the level of violating the ceasefire. U.S. officials sought to play down the events of the past 24 hours, including Iran’s targeting of American warships and attacks on other vessels in the Strait of Hormuz.

Trading Day: Rarified AIr
Reuters104d agoneutral
Trading Day: Rarified AIr

By Jamie McGeever ORLANDO, Florida, May 5 (Reuters) - The S&P 500 and Nasdaq sailed to new highs on Tuesday, riding the crest of yet another wave of optimism around the artificial intelligence boom.

Associated Press104d agoneutral
How major US stock indexes fared Tuesday 5/5/2026

The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday, and Brent crude fell 4%.

Tinder Returns to New User Registration Growth in Sign of Turnaround
Bloomberg104d agoneutral
Tinder Returns to New User Registration Growth in Sign of Turnaround

(Bloomberg) -- Match Group Inc. reported first-quarter revenue that beat analysts’ estimates as a decline in Tinder users moderated, suggesting its turnaround strategy is resonating with younger daters.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceWhite House Weighs AI Working Group, Model Testing, NYT ReportsAnthropic Unveils AI Agents

Here’s Why Fiserv (FISV) is Slipping Despite Solid Earnings
Insider Monkey104d agoneutral
Here’s Why Fiserv (FISV) is Slipping Despite Solid Earnings

Ariel Investments, an investment management company, released its “Ariel Focus Fund” Q1 2026 Investor Letter. A copy of the letter can be downloaded here. The fund reported strong first-quarter performance for its Ariel Focus Fund, which gained 7.30%, significantly outperforming both the S&P 500’s -4.33% return and the Russell 1000 Value Index’s 2.10% gain amid […]

$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500
24/7 Wall St.104d agoneutral
$1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500

When SiteOne Landscape Supply (NYSE: SITE) hit public markets on May 12, 2016, it was a niche bet: the only national wholesale distributor in a deeply fragmented landscape supply industry. A decade later, that thesis has played out. SiteOne has rolled up local players at a relentless pace—completing eight acquisitions in fiscal 2025 alone—including Reinders, ... $1,000 Invested in This 2016 IPO Would Be Worth $4,700 Today, Crushing the S&P 500