AI Stock Market News Today

Gasoline prices have climbed nearly 50% since the onset of hostilities with Iran. Regular unleaded fuel has reached $4.42 per gallon, placing significant pressure on consumer spending.

• Gasoline prices hit $4.42 per gallon
• Nearly 50% price increase since conflict began

Riot Platforms shares rose 8% following an expansion of its data center partnership with AMD. The move signals a strategic shift toward high-performance computing as bitcoin mining revenues face headwinds.

• AMD capacity expanded to 50MW with potential for 150MW
• Projected 10-year revenue of $636 million from AMD deal

Amg has issued positive guidance for the second quarter of 2026, citing record inflows into alternative assets. The company also plans to return significant capital to shareholders through a half-billion-dollar buyback.

• Q2 2026 Adjusted EBITDA expected between $290M and $305M
• Approximately $500M allocated for 2026 share buybacks

The S&P 500 index achieved another closing record this week, marking its fifth straight session of gains. The rally was primarily fueled by strong corporate earnings reports.

• S&P 500 rose 0.9% over the week
• Index reached a new closing record high

US equity benchmarks reached new records Friday as strong tech results overshadowed geopolitical strife. Oil prices declined following a new diplomatic overture from Iran.

• S&P 500 and Nasdaq closed at fresh records
• Strong tech earnings provided the primary catalyst for gains

The latest Baker Hughes report indicates a slight uptick in active U.S. drilling rigs. This follows a period of general decline over the previous six weeks.

• Active rig count rose to 547
• Weekly increase of 3 rigs recorded

Major US indices have reclaimed record highs following a brief consolidation period. Technical indicators suggest attractive entry points for Apple and Broadcom.

• S&P 500 and Nasdaq Composite reached new record highs
• Market momentum resumed after a brief pause

Insurtech firm Lemonade saw its stock price drop nearly 14% following Q1 results that highlighted strong customer acquisition but persistent losses. Despite significant growth in premiums and user base, the company continues to struggle with its bottom line.

• Weekly stock price decline of 13.8%
• Q1 premiums increased 32% year-over-year

Major U.S. indices continued their upward trajectory on Friday, with the Nasdaq and S&P 500 hitting historic levels. Investors are now shifting focus to Warren Buffett's Berkshire Hathaway, which is scheduled to release its earnings report this Saturday.

• Nasdaq and S&P 500 hit historic highs
• Berkshire Hathaway earnings report due Saturday

Starbucks outperformed analyst expectations for the second fiscal quarter, driven by a surge in global traffic and menu innovation. However, significant pressure on North American operating margins remains a primary concern for investors.

• Global same-store sales increased 6.2%, beating expectations
• Revenue grew 8.8% to $9.53 billion

Major Chinese electric vehicle manufacturers reported a decline in April deliveries compared to March. The trend suggests a broader cooling of EV demand in China, paralleling challenges seen in the U.S. market.

• April deliveries for several Chinese EV makers fell month-over-month
• Demand slowdown in China aligns with similar trends in the U.S. market

Analysts suggest a continued bullish trend for stocks despite recent Federal Reserve activity and volatility in energy markets. The resilience of major tech holdings continues to anchor broader market sentiment.

• Equities advanced despite Federal Reserve policy updates
• Market resilience observed following Mag 7 earnings