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6 articles found
3 positive
2 negative
1 neutral
BenzingaBenzinga··Piero Cingari

S&P 500, Nasdaq Hit Records as AMD Surges 16% on AI Momentum

U.S. stocks hit fresh records May 6 as AMD and Super Micro Computer surged on AI earnings strength, while oil plunged on diplomatic hopes.
NVDAAMDMUUBERCPNG+13semiconductor stocksoil prices
BenzingaBenzinga··Piero Cingari

U.S. Stocks Hit Records as Hormuz Reopens, Oil Plunges 10%

U.S. equity markets reached all-time highs Friday after Iran reopened the Strait of Hormuz. Crude oil crashed over 10%, benefiting airlines while pressuring energy stocks.
NFLXGDXAMLPCCLMAR+24energy stockscrude oil prices
BenzingaBenzinga··Erica Kollmann

IEA Warns of Historic Energy Crisis as Iran Conflict Threatens 12M Daily Barrels

IEA warns of historic energy crisis as Iran conflict disrupts 12M barrels daily—double 1973/1979 combined shocks, with April expected worse.
XOMXLEOIHXOPERX+1energy stockscrude oil prices
BenzingaBenzinga··Lekha Gupta

Halliburton's Autonomous Drilling Breakthrough Marks New Era in Offshore Operations

Halliburton deployed the industry's first fully automated offshore drilling system in Guyana, cutting completion time 15% and tripping operations 33%, outperforming a struggling energy sector.
XOMOIHHALRSPGenergy sectordrilling efficiency
BenzingaBenzinga··Piero Cingari

Energy Stocks Surge Past Tech in Widest Performance Gap Since Ukraine Invasion

Energy stocks surge 27 points ahead of tech as investors shift to "HALO" strategy, favoring capital-intensive industries with tangible assets over AI-disruption concerns.
SPYXLKXLEOIHIGV+1sector rotationartificial intelligence
BenzingaBenzinga··Piero Cingari

Tech Surge Lifts Nasdaq Past 25,000 as Oil, Gold Rally on Geopolitical Concerns

Nasdaq surged past 25,000 led by tech stocks, while oil and gold rallied on Middle East tensions. Cadence Design Systems jumped 10% on strong results despite Palo Alto Networks declining despite beating earnings.
GDXPLTRPANWOIHDINO+3software stocksNasdaq 100