The Bell's bringing an end to the training day at the NYSC. Constellation Brands ringing the bell to celebrate Cinco de Mayo and at the NASAC Information Services Group doing the honors. Welcome to closing bell overtime. We're live from studio be at the NASAC market site. I'm Melissa Lee along with Mike Santoli. Sox bouncing back after yesterday's losses at Dow up 350 points. The SB 500 and NASAC both up around a percent in closing at records.

All-time high for the Russell as well, gaining more than one and a half percent today.

On our radar at the close, the remarkable run for Intel and the other chip stocks continuing,

but are warning Steins starting to emerge? Speaking of warnings, could rising bond yields be a threat to markets? And FinTech,

getting wrecked today, the threat from AI as well as disappointing results, having an impact there.

We'll get to all of that in another big hour of earnings highlighted by AMD. Of course, we're going to

wait on that, given the chip run. But, I mean, it's amazing because at the beginning of the day,

we had, you know, these reports about ships being fired upon, missiles, drones, et cetera. And yet the market still managed to just say, you know what, as long as the ceasefire holds, we're all right with this. Right. And a pretty clear message coming out of, you know, the Secretary of Defense, trying to downplay that as a source of new conflict. So I think the market

was like, okay, don't have to worry about that. And then it's about the momentum where the market

was finding it today. And, you know, obviously we talk about the semis. I think once we got through

the hyperscalor earnings for the most part, you get this extra little bit of Apple news today,

hundreds of billions of dollars being liberated from the biggest and best companies of the world and just spilling into the earnings of hardware companies. That's unique in history. And I think the market doesn't quite know how to get its arms around it. So earnings are going up huge, but the stocks are going up, I think, a little bit faster at this point. So I think that's the balance we have to be careful about whether it trips over into something more.

Yeah, given Nvidia's underperformance in today's chip rally, it'll be particularly interesting to see

Nvidia's earnings report, which happens later on, whether that is able to lift itself.

Because there are questions here, I think.

Nvidia has been a source of funds for people to buy things down the value chain.

Micron is now basically on par in terms of stock performance with Nvidia since ChatGPT was released,

which is kind of amazing in itself.

Now, some kind of early bubbleish readings are starting to show up.

Renaissance Macro says the semis as a group have now gone up by

more than 100 percent over two years from a 10-year high. That's their strict definition of getting

into the bubble zone. Of course, we were way above that in 2000, but you know, don't lose sight of it,

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