AMD's strong Q1 and AI demand boost Nasdaq to new highs; McDonald's beats sales expectations; airlines face soaring fuel costs.

AMD reported a strong first quarter and raised its outlook due to booming AI-driven CPU demand, pushing its stock up 18% and helping the Nasdaq hit new highs. McDonald's beat earnings expectations with 3.8% same-store sales growth, driven by value meals and marketing campaigns. U.S. airlines spent 56% more on jet fuel in March amid supply issues from the Iran conflict, raising concerns about travel costs. Meanwhile, AI startup Anthropic partnered with SpaceX for data center capacity, and FanDuel's CEO was ousted amid gaming stock sell-offs. These developments highlight key trends in technology, consumer spending, and energy costs affecting markets.