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Stock Market News for May 7, 2026
Zacks104d agoneutral
Stock Market News for May 7, 2026

U.S. stocks ended sharply higher on Wednesday, with the S&P 500 closing above the 7,300 mark for the first time, on hopes that the United States and Iran could reach a peace deal soon and robust earnings reports from a fresh batch of companies.

S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism
24/7 Wall St.104d agobearish
S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism

The S&P 500 (^GSPC) punched to a fresh record Wednesday, with the broader market index now perched above 7,300. With a 7.6% YTD gain in the S&P 500 (^GSPC), bulls are back in control, citing a roughly 15% rally off the March low as AI earnings, easing Iran tensions, and softer crude combine to push ... S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism

Qualcomm Is One of the Cheapest AI Stocks in the Trump Bull Market. Here’s Why That Gap May Close
24/7 Wall St.104d agoneutral
Qualcomm Is One of the Cheapest AI Stocks in the Trump Bull Market. Here’s Why That Gap May Close

Qualcomm trades like a legacy modem company while quietly building the cheapest exposure to AI silicon in the entire Trump bull market, and that mispricing is the core investment thesis. Qualcomm (NASDAQ:QCOM) just delivered its fourth consecutive earnings beat, confirmed a hyperscaler custom silicon program, and authorized a fresh $20 billion buyback. The market is ... Qualcomm Is One of the Cheapest AI Stocks in the Trump Bull Market. Here’s Why That Gap May Close

US Stock Market Today S&P 500 Futures Inch Higher As Inflation Worries Ease
Simply Wall St.104d agoneutral
US Stock Market Today S&P 500 Futures Inch Higher As Inflation Worries Ease

The Morning Bull - US Market Morning Update Thursday, May, 7 2026 US stock futures are slightly higher this morning, with E-mini S&P 500 contracts up about 0.1%, as investors balance cooler bond markets, cheaper oil, and fresh US jobs data. The US 10 year Treasury yield is holding near 4.35%, which means borrowing costs for mortgages and companies remain relatively elevated but are not climbing further for now. Hopes of a US Iran peace deal are pulling oil prices lower and easing some...

Is It Too Late To Consider AMD (AMD) After Its 314% One Year Surge?
Simply Wall St.104d agobullish
Is It Too Late To Consider AMD (AMD) After Its 314% One Year Surge?

Investors may be wondering whether Advanced Micro Devices stock still offers value at current levels, or if the price already reflects the story they are buying into. The stock last closed at US$421.39, with returns of 18.9% over 7 days, 90.2% over 30 days, 88.6% year to date and 314.3% over 1 year. This naturally raises questions about what is already priced in. Recent headlines around Advanced Micro Devices have focused on its role in high performance semiconductors and its position in...

SoftBank Stock Surges on Chip Optimism
The Wall Street Journal104d agobullish
SoftBank Stock Surges on Chip Optimism

Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.

More Record Highs — Heard on the Street Wednesday Recap
The Wall Street Journal104d agobullish
More Record Highs — Heard on the Street Wednesday Recap

Oil prices fell and stocks rose on rising optimism about an end to Middle East hostilities. Iran and the U.S. are working with mediators on a one-page framework to restart negotiations aimed at ending the conflict and opening the Strait of Hormuz, with talks potentially beginning next week in Islamabad. Semiconductor stocks extended their rally.

Advanced Micro (AMD) Soars to All-Time High as AI Bolsters Profits by Nearly Double
Insider Monkey104d agobullish
Advanced Micro (AMD) Soars to All-Time High as AI Bolsters Profits by Nearly Double

Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the 10 Stocks Outperforming Wall Street With Monster Returns. Advanced Micro Devices soared to a new all-time high on Wednesday, following the strong results of its earnings performance in the first quarter of the year, with profits nearly doubling, thanks to the rapidly growing artificial intelligence sector. […]

Review & Preview: The Road Back to 50K
Barrons.com104d agoneutral
Review & Preview: The Road Back to 50K

The Dow Jones Industrial Average finally joined the Nasdaq Composite and S&P 500 in exiting correction territory, but it ended the day just short of a major milestone. The Dow rose 612 points, or 1.2% after briefly crossing the symbolic 50,000 level. The S&P 500 ended up 1.5% while the Nasdaq jumped 2%.

The Chip Craze Is Turning a Glass Company and a Toilet Maker Into AI Stocks
The Wall Street Journal104d 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.

More Record Highs — Heard on the Street Wednesday Recap
The Wall Street Journal104d agobullish
More Record Highs — Heard on the Street Wednesday Recap

Oil prices fell and stocks rose on rising optimism about an end to Middle East hostilities. Iran and the U.S. are working with mediators on a one-page framework to restart negotiations aimed at ending the conflict and opening the Strait of Hormuz, with talks potentially beginning next week in Islamabad. Semiconductor stocks extended their rally.

Cathie Wood sells another $15.6M of surging semiconductor stock
TheStreet104d agobearish
Cathie Wood sells another $15.6M of surging semiconductor stock

Sometimes the hardest part of investing isn't buying. It's not the patience asked of you before the market rewards your move. It’s not even what to invest in, as you may think. It's watching something you sold keep going up to the moon without you. And now you can only stay out and be a spectator. ...

AMD stock surges as the chipmaker forecasts continued AI growth
Yahoo Finance Video104d agobullishVIDEO
AMD stock surges as the chipmaker forecasts continued AI growth

Advanced Micro Devices (AMD) stock surges higher on Wednesday after blowing past first quarter earnings estimates and second quarter guidance forecasts. Market Domination Host Josh Lipton and Yahoo Finance Tech Editor Dan Howley sit down to take a closer look at AMD's growth outlook as AI demand pushes chip stocks higher.