In brief
Markets
AMD Shares Hit Record High as AI Demand Fuels Chip Rally
AMD reached record highs as strong AI chip demand fueled a broader rally across semiconductor stocks.
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Daily edition06May 2026
Wednesday
Newest firstNewsBriefsGuidesTimes in +00:00
Wednesday
4 news articles · 6 briefs · 0 guides-
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In brief Big Tech & Innovation
Samsung Market Value Surpasses $1.2 Trillion on AI Chip Demand
Samsung’s market capitalization surpassed $1.2 trillion as AI-driven semiconductor demand boosted investor sentiment.
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In brief Markets
S&P 500 Hits Fresh Record High as Risk Appetite Accelerates
The S&P 500 reached a new record high of 7,353 as investors increased exposure to technology and growth stocks.
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In brief Commodities
Brent Crude Falls More Than 11% as Risk Premium Unwinds
Brent crude oil plunged more than 11% as easing geopolitical concerns reduced fears of supply disruptions.
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News MarketsSpaceX Proposes $55 Billion Terafab Chip Plant in Texas With Intel, Tesla Backing
SpaceX plans a $55 billion semiconductor facility in Texas, with total investment potentially reaching $119 billion. The Terafab project targets AI, robotics, and data center chips.
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In brief Big Tech & Innovation
Meta Develops Consumer AI Agent and Instagram Shopping Tool
Meta is reportedly building a consumer AI agent and an AI-powered shopping assistant for Instagram users.
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News MarketsNvidia, Corning Strike Optical Fiber Deal to Power AI Data Center Boom
Nvidia and Corning announced a major optical fiber partnership to expand U.S. manufacturing, aiming to meet surging demand from AI data centers.
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In brief Crypto
Bitcoin and Nasdaq Futures Rally as Oil Falls on Iran Peace Deal Hopes
Bitcoin and Nasdaq futures rose sharply as oil prices fell on renewed hopes for a U.S.-Iran peace agreement.
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Story of the Day MarketsUber Shares Jump 10% on Strong Bookings Outlook Despite $1.5 Billion Profit Hit
Uber shares rose after stronger-than-expected bookings guidance offset a $1.5 billion hit to net income from equity revaluations in Q1.
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News Personal FinanceFOX Offers $50,000 for Fan to Watch Every World Cup Match in Times Square
FOX is offering $50,000 to a single fan willing to watch all 104 World Cup matches live in Times Square. The role includes content creation and audience engagement over 39 days.
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