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WSJ Minute Briefing

Chips Stocks Soar on Record Day for Stocks

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 6 May 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Optimism over AI helped fuel the rally. Plus: Uber shares rise after an increase in revenue and bookings.  Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Your team spend more time searching for information than using it.

0:04.2

Amazon Quick changes that.

0:06.1

One intelligent assistant that connects all your company's data

0:09.1

and turns answers into action instantly.

0:12.5

AWS.com slash quick.

0:18.4

Here's your closing bell brief for Wednesday, May 6th. I'm Catherine Sullivan for the Wall Street Journal.

0:25.1

U.S. stocks climbed to new record highs today. The NASDAQ led the benchmarks with a 2% gain.

0:30.9

The S&P 500 rose 1.5% while the Dow added 1.2. Renewed faith in artificial intelligence powered the

0:39.5

broad market rally. Optimism over a potential Middle East peace deal also boosted sentiment.

0:45.9

Following oil prices provided a backdrop for the day of trading. Among individual companies,

0:52.1

advanced micro-devices shares soared 19%.

0:55.5

The chipmaker reported stronger sales and higher profit in its latest update.

1:00.7

Walt Disney shares jumped 7.5% during the session. New CEO Josh DeMorrow outlined his plan

1:06.9

to use technology to increase profits. Uber Technologies' shares jumped 8.5% after its earnings report.

1:14.6

The ride-hailing company saw a rise in both revenue and bookings. And Intel shares added

1:20.3

4.5% to continue yesterday's climb. Investors remain enthusiastic about the semiconductor sector as a

1:27.3

whole.

1:28.8

Heads up, an artificial intelligence tool helped us make this episode by creating

1:33.0

summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

1:37.7

We'll have a lot more coverage of the day's news on the WSJ's What's News podcast.

1:42.2

You can add it to your playlist on your smart speaker or listen

1:45.0

and subscribe wherever you get your podcasts. How much of your workday is actually work and how much

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