Tech stocks lead broad market rally as earnings season wraps up with strong results
Major technology companies reported quarterly earnings that exceeded analyst expectations, pushing the NASDAQ to a six-week high.
Live coverage · May 9, 2026
Markets surged Thursday after Federal Reserve chair indicated the central bank may hold rates through summer, citing three consecutive months of cooling core inflation figures.
Major technology companies reported quarterly earnings that exceeded analyst expectations, pushing the NASDAQ to a six-week high.
The Big Six banks collectively posted $15.2 billion in net income, though executives warned of potential headwinds from the commercial real estate sector.
New data from the Real Estate Board shows listings fell 18% year-over-year while average detached home prices climbed to $1.94 million.
Crude markets found support after the cartel reaffirmed its output reduction strategy, calming fears of a supply glut heading into summer driving season.
Corporate spending on artificial intelligence infrastructure reached $47 billion in Q1 2026, a 140% increase from the same period last year, according to new IDC data.
While lawmakers squabble over the debt limit, the structural deficit continues to grow unchecked. The real conversation we need to have is about long-term entitlement reform.
Public trust in monetary institutions has eroded significantly since 2022. Restoring credibility will require more than rate decisions — it will require transparency.