Business S&P 500 and Nasdaq Hit All-Time Records as Alphabet Soars 10 Percent Wall Street celebrated historic milestones as the S&P 500 and Nasdaq both reached new all-time highs, driven by strong Big Tech earnings and a solid jobs report.
Business S&P 500, Nasdaq and Dow All Close at Record Highs as Iran Peace Hopes and Palantir Earnings Fuel Rally All three major U.S. stock indexes closed at record highs on May 6, driven by optimism over a potential Iran peace deal and a blockbuster earnings report from Palantir, which saw revenue surge 85 percent.
Business Cerebras IPO Valued at $26.6B as AI Infrastructure Spending Surges Cerebras Systems prepares for a landmark IPO while Fleet Data Centers and climate-tech startups secure billions in fresh capital, signaling a decisive shift toward AI infrastructure investment.
Business Dow Drops 557 Points as Oil Soars Past $114 Brent; AMD Earnings in Focus Wall Street suffers broad sell-off as crude oil prices spike following a fire at a major UAE oil hub, while investors await AMD quarterly results expected to show 34% earnings growth.
Business Nasdaq Surpasses 25,000 for First Time as S&P 500 Hits Record, Roblox Crashes 24%, Huawei AI Chips Surge The Nasdaq closed above 25,000 for the first time while the S&P 500 set a fresh record, as Roblox plunged on a bookings guidance cut and Huawei projected surging AI chip revenue.
Business Magnificent Seven Earnings Arrive as AI Spending Hits 600 Billion Dollars in 2026 Alphabet, Amazon, Microsoft, and the social media giant report earnings as Wall Street demands proof that 600 billion dollars in AI spending will generate real returns.
Business S&P 500 and Nasdaq Hit Record Highs as Goldman Sachs Raises Oil Forecast to $90 The S&P 500 and Nasdaq both closed at record highs as Goldman Sachs raised its Brent crude oil forecast to $90 per barrel, citing persistent Persian Gulf disruptions amid stalled Iran peace talks.
Business Ticketmaster and Live Nation Found Guilty of Operating Illegal Monopoly by Federal Jury A federal jury in Manhattan has ruled that Live Nation and its subsidiary Ticketmaster operated as an illegal monopoly, overcharging consumers across 21 states and the District of Columbia.
Business Oracle Shares Surge 12% Leading Software Bounce as Intel Rides Historic 9-Day Winning Streak Up 58% Oracle jumped 12% spearheading a broad software stock recovery while Intel extended its record-breaking nine-day rally to 58%, marking the biggest winning streak in the chipmaker's history.
Business Global Markets Surge as Oil Plunges 16% Following US-Iran Ceasefire Deal A two-week ceasefire between the United States and Iran triggered a massive relief rally across global markets, with oil prices crashing more than 16 percent and stock futures soaring worldwide.
Business March Changed Everything for the US Economy as Markets Post Five Straight Weekly Declines Wall Street suffers its worst losing streak since the Middle East conflict began, with surging oil prices and rising inflation expectations fueling stagflation fears across global markets.
Business SoftBank Secures Record $40 Billion Bridge Loan, Signaling OpenAI IPO This Year SoftBank has obtained the largest unsecured bridge loan in history to fund its massive stake in OpenAI, with lenders betting on a blockbuster IPO later in 2026.