Good morning.

The Fast FiveWall Street remains bullish on AI, gas prices climb toward $5.00 a gallon, Anthropic unveils AI agents targeting financial services, AMD rallies anew after blockbuster forecast, and Intel and Micron are poised to break major milestones

📌 $6,786 from Gold Skimming? The former $900 million hedge fund manager Larry Benedict, has discovered a way to make money from gold… WITHOUT buying a single ounce. Read on to learn more…
(from Brownstone)

  • Today:
    Non-Farm Employment Change, 8:15A

  • Tomorrow:
    Unemployment Claims, 8:30A

Your 5-minute briefing for Wednesday, May 6:

BEFORE THE OPEN

As of market close 5/5/2026.

Pre-Market:

Market Wrap:

  • Futures higher Dow +120, S&P +0.4%, Nasdaq +0.8%

  • Trump pauses “Project Freedom” citing Iran progress

  • Oil falls WTI -2% on easing tensions

  • Tuesday gains S&P +0.81%, Nasdaq +1.03%, Dow +356

  • S&P, Nasdaq hit fresh record highs

  • AMD +14% after strong outlook and earnings beat

  • Earnings: Disney, Uber, CVS with ADP jobs

EARNINGS

Here’s what we’re watching this week:

He Doesn't Buy Gold. He "Skims" It.

A former hedge fund manager ranked in the top 1% by Barron's has developed a three-step strategy to profit from gold — without buying a single ounce.

His followers have had the chance to collect $2,975… $3,781… and even $6,786 at a time. With a 73% win rate.

He calls it "Gold Skimming." And he's just revealed the full strategy for the first time.

- a sponsored message from Brownstone -

HEADLINES

The new tools — 10 in total — are aimed at professionals across banking, insurance, asset management and financial technology.

  • S&P 500 and Nasdaq notch records as AI chip stocks surge (more)

  • SEC unveils plan to let companies move to semiannual reports (more)

  • US job openings, hires point to stable labor market (more)

  • Gas prices climb toward $5.00 a gallon as summer driving season nears (more)

  • Oil prices fall a second day as Trump alludes to possible peace deal (more)

  • Dollar eases as US-Iran deal hopes grow, yen drifts (more)

  • Jamie Dimon blesses the trillion-dollar AI capex boom (more)

  • AMD rallies anew after AI demand fuels blockbuster forecast (more)

  • Samsung hits $1 trillion valuation as AI rally lifts shares over 10% (more)

  • Super Micro jumps 18% on guidance beat as revenue more than doubles (more)

  • Intel and Micron are poised to break major milestones (more)

  • Anthropic commits to spend $200B on Google's cloud, chips (more)

  • Gamestop unsolicited bid for eBay looks DOA (more)

  • Bets surge against Nike, heaping pressure on CEO Hill (more)

DEALFLOW

M+A | Investments

  • Vodafone buys out UK mobile partner CK Hutchison in $5.8B deal

  • Crypto exchange Bullish to buy Equiniti for $4.2B

  • Fathom receives investment from CVS Health Ventures

  • USFibers receives strategic investment

  • FastSpring receives strategic investment from LLR Partners and Accel-KKR

VC

  • Blitzy, an autonomous software development platform, raised $200M in funding

  • Panthalassa, a renewable energy and ocean technology company, raised $140M in Series B funding

  • DeepInfra, a cloud platform for AI inference, raised $107M in Series B funding

  • RadixArk, an AI infrastructure company building open, scalable systems for frontier models, raised $100M in Seed funding

  • Astrocade, a games creation platform, raised $56M in Series A and Series B funding

  • Latus Bio, Inc., a biotech company engineering scalable gene therapies, raised $43M in Series A funding

  • Magrathea, a company that extracts magnesium metal from waste brines and seawater, raised $24M in Series A funding

  • Nace.AI, a metamodel that autonomously improves enterprise workflows, raised $21.5M in Seed funding

  • Trillium Renewable Chemicals, a bio-based chemical manufacturer, raised $13M in Series B funding

  • illage, a health system provider for specialty pediatrics, raised $9.5M in funding

  • XCaliber Health, an agentic OS built to reduce administrative burden and improve quality of care, raised $6.5M in Seed funding

  • Astrada, a data layer service for autonomous finance, raised $3.8M in Seed funding

  • Pacific Hybreed, an aquaculture biotechnology company, raised $1M in funding

CRYPTO

  • Coinbase to cut 14% of workforce, citing volatile Markets and AI (more)

  • Strategy posts $12.54B Q1 loss on declining bitcoin price (more)

    • Strategy signals potential Bitcoin sale to fund dividends obligations (more)

  • Tokenization becomes crypto's next bet (more)

BULLISH BITES

📈 Have you heard of “gold skimming”? *

🤖 New frontier of AI forces Trump's heavy hand.

💰 A WSJ analysis finds that 67% of Polymarket profits go to just 0.1% of accounts.

📊 I asked ChatGPT to manage a stock portfolio. Here’s how it did.

✈️ How major sporting events are creating a private-jet gridlock.

DAILY SHARES

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