Latest Stock Market News — Page 343

Earnings May 6 James Calloway

Novo Nordisk Shares Surge on Strong Wegovy Pill Sales, Upgraded 2026 Outlook

Novo Nordisk raised its 2026 guidance after Wegovy pill prescriptions topped 2 million, sending shares up 9.2%. The company now expects a smaller decline in sales and profit this year.

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Commodities May 6 Rebecca Torres

Oil Slides as Trump Pauses Hormuz Mission, Iran Deal Hopes Rise

President Trump paused the U.S. naval escort mission in the Strait of Hormuz as reports emerged of a possible Iran deal, sending oil prices tumbling and global stocks surging.

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Markets May 6 Daniel Marsh

Wall Street Futures Rally on AMD Outlook and Iran Deal Optimism

US stock futures jumped on Wednesday, driven by AMD's upbeat revenue outlook and hopes for a US-Iran deal, sending Dow futures up 558 points and oil prices sharply lower.

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Technology May 6 Sarah Chen

Microsoft Edges Lower as $190B AI Bet Faces Scrutiny

Microsoft shares dipped 0.25% premarket Wednesday, as strong earnings were overshadowed by rising capex and competition from Google Cloud.

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Markets May 6 Daniel Marsh

AMD's AI Boom Ignites QQQ Surge as Nasdaq Eyes New Highs

Invesco QQQ Trust ETF advanced 1.3% in premarket trading Wednesday, lifted by AMD's strong quarterly results and robust AI demand, putting Nasdaq records back in play.

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Technology May 6 Sarah Chen

Amazon Nears $3T Market Cap After Logistics Expansion Rattles Rivals

Amazon stock edged up 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close.

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Technology May 6 Sarah Chen

AMD Surges on Strong AI-Led Revenue Forecast, Challenges Nvidia and Intel

AMD shares surged nearly 18% in premarket trading after forecasting Q2 revenue of about $11.2 billion, topping analyst estimates. Data-center sales jumped 57% in Q1, driving a 38% revenue increase.

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Technology May 6 Sarah Chen

Anthropic Unveils AI Agent Templates for Financial Sector Automation

Anthropic released 10 prebuilt AI agent templates for banks and insurers, automating pitchbooks, KYC, and accounting. FIS partners on AML agents; BMO and Amalgamated Bank pilot.

BMO FIS GS

Earnings May 6 James Calloway

Palantir Stock Dips Despite Record Q1 as U.S. Commercial Revenue Misses Estimates

Palantir shares dropped 6.9% on Tuesday after U.S. commercial revenue fell short of analyst expectations, overshadowing record Q1 results and an increased 2026 outlook.

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