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AMD Soars on AI Demand, Corning gets $500M from Nvidia
Description
Market update for Wednesday May 6, 2026
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In today’s episode, Zaid covers:
Oil prices plunge as reports suggest the U.S. and Iran are closing in on a deal to end the war
AMD’s blowout earnings, including surging data center revenue
Disney beats across the board in new CEO Josh D'Amaro's first earnings report
Uber rising after stronger-than-expected bookings guidance and continued delivery growth
Nvidia investing in Corning as fiber optics become a bigger part of the AI data center buildout
Lucid falling after a weak quarter, flat deliveries, and suspended production guidance
Amazon opening up its massive logistics network to outside businesses