Today: 2 June 2026
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NASDAQ:AMD 28 April 2026 - 6 May 2026

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

The Dow Jones rose about 500 points Wednesday, reaching 49,795.34 by midday, as falling oil prices and strong AI stock gains lifted Wall Street. Brent crude dipped below $100 after reports of possible U.S.-Iran progress. The S&P 500 and Nasdaq hit record highs. Disney and AMD both reported results above estimates, while U.S. private payrolls posted their largest gain in over a year.
US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

The S&P 500 and Nasdaq hit record highs Wednesday as AMD shares surged nearly 17% on a strong revenue forecast, boosting AI-linked stocks. The Dow rose 510 points, oil prices dropped nearly 7% on reports of U.S.-Iran progress, and ADP reported 109,000 private-sector jobs added in April. Brent crude fell to $102.24 a barrel.
Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Stock’s 67% AI Rally Faces a Crucial May Earnings Test

Marvell Technology will report fiscal Q1 2027 results on May 27, following a 66.7% stock surge in April and heightened investor focus on its Nvidia partnership and data-center business. U.S. chip stocks, including Marvell, rose Wednesday after AMD’s upbeat outlook on AI infrastructure demand. Marvell’s fiscal 2026 revenue climbed 42% to $8.2 billion, driven by strong AI demand and new design wins.
Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel Stock Rally Faces Its Biggest AI Test Yet as Apple Talks and AMD Forecast Lift Chips

Intel shares jumped 6% in U.S. premarket trading Wednesday after AMD raised its server CPU growth forecast and reported a 57% surge in data-center revenue. Apple has held early talks with Intel and Samsung about making device processors in the U.S., Bloomberg reported. Intel’s Q1 revenue rose 7% to $13.6 billion, with its Data Center and AI unit up 22%.
SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

The VanEck Semiconductor ETF (SMH) jumped to $522.69 premarket Wednesday, up $16.25, as AMD shares surged nearly 18% after forecasting Q2 revenue of $11.2 billion and reporting 38% Q1 revenue growth. Intel, Arm, Qualcomm, and Micron also rose. SMH is up 40.69% year to date, with Nvidia and Taiwan Semiconductor among its largest holdings. TSMC reported Q1 revenue up 40.6% to $35.90 billion.
US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

US Stock Futures Today: Dow, S&P 500 and Nasdaq Jump as AMD AI Rally Meets Iran Deal Hopes

U.S. stock index futures surged early Wednesday, with Dow futures up 558 points and Nasdaq 100 futures rising 1.6%, driven by AMD’s strong revenue forecast and progress in U.S.-Iran talks to end the Gulf war. Brent crude dropped 8.44% to $100.60. AMD shares jumped nearly 18% pre-market, while Intel and Arm Holdings also gained. The S&P 500 and Nasdaq closed at record highs Tuesday.
QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

The Invesco QQQ Trust ETF rose 1.3% to $681.61 in early premarket trading Wednesday, tracking gains in Nasdaq 100 futures after AMD reported a 38% jump in quarterly revenue and strong AI demand. AMD shares surged nearly 18% premarket, while other chip stocks and tech-focused ETFs also advanced. The S&P 500 and Nasdaq Composite closed at record highs Tuesday.
AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD Stock Jumps on AI Forecast as Wall Street Eyes a Bigger Nvidia Fight

AMD shares surged nearly 18% in premarket trading Wednesday after forecasting second-quarter revenue of about $11.2 billion, topping analyst estimates. First-quarter revenue rose 38% to $10.3 billion, driven by a 57% jump in data-center sales. Intel, Arm, and Qualcomm also gained before the bell. CEO Lisa Su said data centers are now AMD’s main growth engine.
SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

SPY Stock Today: S&P 500 ETF Rides AI Chip Rally as Iran Deal Hopes Lift Futures

S&P 500 futures rose 0.32% and Nasdaq 100 futures climbed 0.81% early Wednesday after the S&P 500 and Nasdaq closed at record highs Tuesday. AMD surged nearly 18% premarket on strong AI demand, lifting chip stocks and boosting the tech-heavy SPDR S&P 500 ETF Trust, which closed Tuesday at $723.77 with $740.5 billion in assets. Hopes for a U.S.-Iran peace deal also supported gains.
Nvidia Stock’s AI Lead Just Got a Harder Test as AMD Surges and Alphabet Closes In

Nvidia Stock’s AI Lead Just Got a Harder Test as AMD Surges and Alphabet Closes In

Nvidia shares have dropped 9% over six sessions since an April 27 record, while the Philadelphia semiconductor index gained more than 5%. AMD surged nearly 18% in premarket trading after forecasting strong data-center chip demand and beating revenue expectations. Nvidia rose just 0.44%. Alphabet is nearing Nvidia’s market value, with both companies close to $4.8 trillion.
U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

U.S. Stock Futures Today: Nasdaq Leads as AMD’s AI Beat and Iran Deal Hopes Put Records Back in Play

Nasdaq 100 futures rose 0.69% early Wednesday, boosted by AMD’s strong forecast and easing oil prices amid hopes for a U.S.-Iran deal. AMD reported Q1 revenue up 38% to $10.3 billion and projected Q2 revenue of about $11.2 billion. Super Micro Computer shares jumped 18% after raising its outlook. Brent crude fell 1.5% to $108.18 a barrel.
US Stock Market Today After Hours: S&P 500, Nasdaq Hit Records as AMD Jumps on AI Demand

US Stock Market Today After Hours: S&P 500, Nasdaq Hit Records as AMD Jumps on AI Demand

U.S. stocks closed at record highs Tuesday, with the S&P 500 up 0.81% and the Nasdaq gaining 1.03%. AMD surged 12% after hours on a strong revenue forecast, while Intel rose 13% on reports Apple may use its chipmaking services. Super Micro Computer jumped 17% in late trading after projecting higher-than-expected revenue. The PHLX semiconductor index hit a record, up 55% this year.
AMD Earnings Tonight Could Decide Whether Its AI Stock Rally Has Gone Too Far

AMD Earnings Tonight Could Decide Whether Its AI Stock Rally Has Gone Too Far

AMD shares rose 4.2% to $355.92 Tuesday ahead of first-quarter results due after the market close, following an HSBC downgrade that briefly sent the stock lower. Wall Street expects revenue of about $9.9 billion and adjusted earnings of $1.29 a share, both up roughly a third from last year. Data-center revenue is projected to jump 53% to $5.6 billion. Rival Intel rallied, while Nvidia slipped during the session.
U.S. Stock Market Week Ahead: Jobs Report, Fed Split and Earnings Could Test Wall Street’s Record Run

U.S. Stock Market Week Ahead: Jobs Report, Fed Split and Earnings Could Test Wall Street’s Record Run

The S&P 500 and Nasdaq closed at record highs Friday, rising 0.29% and 0.89% respectively, while the Dow slipped 0.31%. April saw the S&P 500 gain over 10% and the Nasdaq jump more than 15%. Over 100 S&P 500 companies report earnings this week, with first-quarter profit growth tracking at 27.8%. The Federal Reserve kept rates steady last week amid policy division over inflation and growth.
AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

AI Stocks Today: Big Tech Earnings Just Put the Market’s Hottest Trade on Notice

Alphabet shares jumped over 3% in after-hours trading Wednesday as Google Cloud revenue surged 63% to $20 billion. Meta, Amazon, and Microsoft fell, with Meta dropping more than 6% after raising its 2026 capital spending forecast for AI infrastructure. Amazon’s AWS revenue beat estimates but shares slipped. The four companies are expected to spend over $600 billion on AI infrastructure this year.
AI Stocks With Growth Potential in Q2 2026: The 5 Names Wall Street Is Testing After the OpenAI Shock

AI Stocks With Growth Potential in Q2 2026: The 5 Names Wall Street Is Testing After the OpenAI Shock

AI-related stocks fell Tuesday after a report on OpenAI’s missed targets hit Oracle, CoreWeave, and chipmakers. Nvidia, AMD, and Broadcom dropped between 1.6% and 4.4%, while CoreWeave slid 5.8%. Alphabet, Microsoft, Meta, and Amazon are set to report earnings Wednesday, with about $600 billion in AI spending under scrutiny. Investors are watching for direct revenue tied to chips, cloud, and custom silicon.
US Stock Market Today After Hours: Nasdaq Hit by AI Worries as Visa, Starbucks and Chip Stocks Jump

US Stock Market Today After Hours: Nasdaq Hit by AI Worries as Visa, Starbucks and Chip Stocks Jump

U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off ahead of major tech earnings. Oracle dropped 4.1%, Nvidia and AMD lost over 1.6%, and CoreWeave slid 5.8%. After hours, Visa and Starbucks rose on strong results and forecasts. Oil prices climbed, and traders watched the Federal Reserve’s rate decision.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

Oracle shares fell 4% and CoreWeave dropped 5.9% Tuesday after a Wall Street Journal report said OpenAI missed recent revenue and user targets. Nvidia, AMD, and Arm Holdings also declined, with the iShares Semiconductor ETF down 3.7%. OpenAI denied internal divisions and said its AI coding product Codex reached 4 million users. Oracle’s credit default swaps hit a two-week high amid concern over its $300 billion cloud deal with OpenAI.
Chip Stocks Drop as OpenAI Report Tests Nvidia, AMD and Broadcom AI Rally

Chip Stocks Drop as OpenAI Report Tests Nvidia, AMD and Broadcom AI Rally

Nvidia, AMD, and Broadcom shares fell Tuesday after a Wall Street Journal report said OpenAI missed internal user and revenue targets, raising concerns about future AI spending. Nvidia dropped 0.9%, AMD lost 2.5%, and Broadcom slid 4.1% by mid-afternoon. OpenAI disputed claims of internal disagreement over spending. The selloff came ahead of major tech earnings reports.
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Stock Market Today

  • First Majestic Silver TSX:AG Gains 206% in One Year: Is It Still a Buy?
    June 1, 2026, 11:46 PM EDT. First Majestic Silver (TSX:AG) has surged 206.5% over the past year, closing recently at C$28.81. The company's valuation is close to fair value, with a discounted cash flow (DCF) model estimating intrinsic worth at C$28.16 per share, just 2.3% below the current price. Despite strong recent returns, the stock scores 1 out of 6 on valuation checks, suggesting limited undervaluation. Free cash flow projections remain robust, supporting the current price level. Investors should consider ongoing sector shifts, trading volumes, and potential market fluctuations when evaluating First Majestic Silver's position in the silver mining sector.

Latest articles

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

Wall Street Finishes at New Highs on AI Surge; HPE Grabs Spotlight After Hours

2 June 2026
S&P 500 and Nasdaq closed at record highs, led by Nvidia’s 6.3% surge after its new RTX Spark chip launch. HPE shares soared 36% post-earnings as revenue jumped 40% and guidance rose. After-hours, major ETFs slipped: SPY down 0.23%, QQQ off 0.35%. Only tech and energy sectors finished higher. Oil spiked 4.24% on U.S.-Iran tensions. Factory PMI hit 54.0, strongest since May 2022.
Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

2 June 2026
Broadcom jumped 3% to $459.97 ahead of Wednesday’s Q2 earnings, with options pricing in a 9% swing either way. Analysts raised targets, led by HSBC’s $600 call. Investors focus on AI chip and networking demand through 2027 after Q1 AI revenue soared 106% to $8.4B. Q2 guidance: $22B revenue, 68% adjusted EBITDA margin. Risks flagged if AI orders or forecasts disappoint as stock nears consensus target.
Digital Brands Group Shares Surge After $125 Million Order Update, With Filing Risk in Focus

Digital Brands Group Shares Surge After $125 Million Order Update, With Filing Risk in Focus

2 June 2026
Digital Brands Group soared 73% to $0.84 after announcing first purchase orders under its GCC partnership and a $125 million U.S. program, then hit $1.17 after-hours. Q1 revenue fell to $1.3 million with a net loss of $11.4 million. Volume spiked to 63.22 million shares. The company faces ongoing losses, a $7.5 million working capital deficit, and dilution risk from its $100 million ATM share program.
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