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businessMay 6, 202610:40pending

AMD Soars on AI Demand, Corning gets $500M from Nvidia

The Rundown

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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

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AMD Soars on AI Demand, Corning gets $500M from Nvidia

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