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Risk On Again — Heard on the Street Recap
The Wall Street Journal104d agoneutral
Risk On Again — Heard on the Street Recap

Oil prices slipped and stocks advanced on hopes that the U.S. and Iran can avoid resuming their full-scale war. The United Arab Emirates said it was intercepting new attacks from Iran hours after the U.S. said Iran's latest military actions didn't rise to the level of violating the ceasefire. U.S. officials sought to play down the events of the past 24 hours, including Iran’s targeting of American warships and attacks on other vessels in the Strait of Hormuz.

Strategy Posts Wider Loss as Bitcoin Holdings Hit $64 Billion. The Stock Falls.
Barrons.com104d agobearish
Strategy Posts Wider Loss as Bitcoin Holdings Hit $64 Billion. The Stock Falls.

Strategy saw its losses swell in the first quarter as the Bitcoin holder’s massive crypto treasury continues to dictate its bottom line. Strategy posted a quarterly loss of $12.77 billion ($38.25 a share), far wider than the loss of $4.23 billion ($16.49 a share) reported in 2025. The change was driven by a steep drop in the value of Strategy’s Bitcoin holdings, which it records as losses.

Trading Day: Rarified AIr
Reuters104d agoneutral
Trading Day: Rarified AIr

By Jamie McGeever ORLANDO, Florida, May 5 (Reuters) - The S&P 500 and Nasdaq sailed to new highs on Tuesday, riding the crest of yet another wave of optimism around the artificial intelligence boom.

Associated Press104d agoneutral
How major US stock indexes fared Tuesday 5/5/2026

The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday, and Brent crude fell 4%.

Tinder Returns to New User Registration Growth in Sign of Turnaround
Bloomberg104d agoneutral
Tinder Returns to New User Registration Growth in Sign of Turnaround

(Bloomberg) -- Match Group Inc. reported first-quarter revenue that beat analysts’ estimates as a decline in Tinder users moderated, suggesting its turnaround strategy is resonating with younger daters.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceWhite House Weighs AI Working Group, Model Testing, NYT ReportsAnthropic Unveils AI Agents