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S&P 500 and Nasdaq hit record highs as oil prices drop and AI stocks lead rally.

Technical Signals
07 May 2026
FXEmpire
View Source
Bullish
pluang ai news

The S&P 500 and Nasdaq reached new record highs driven by falling oil prices, which eased inflation concerns, and strong performance in AI-related tech stocks. Apple surged to a fresh all-time high, signaling broad investor interest beyond just chipmakers. Market watchers are closely monitoring technical signals for any reversal, but for now, momentum remains strong. Upcoming economic data and oil price movements will be key factors to watch next.

More News (AAPL)

Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...

Market News
Bullish
7 hours ago
OpenAI launches $230 Codex Micro keyboard and teases new AI hardware amid Apple lawsuit

OpenAI launches $230 Codex Micro keyboard and teases new AI hardware amid Apple lawsuit

OpenAI has introduced the Codex Micro, a $230 light-up keyboard designed to enhance user control over its AI coding assistant, Codex. The device features customizable keys, a joystick, and a dial to adjust AI agent reasoning, aiming to serve as a com...

Market News
Neutral
13 hours ago
Apple sets strict rules for Maps ads, excluding home services and focusing on physical locations.

Apple sets strict rules for Maps ads, excluding home services and focusing on physical locations.

Apple has released detailed advertising policies for its upcoming Maps ads, set to launch in the U.S. and Canada this summer. Unlike Google, Apple excludes broad categories like home services (plumbing, locksmiths, HVAC) from advertising, aiming for ...

Market News
Neutral
15 hours ago
Larry Page's net worth tops $300B as Alphabet shares rise after Buffett praises Berkshire's investment.

Larry Page's net worth tops $300B as Alphabet shares rise after Buffett praises Berkshire's investment.

Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...

Market News
Bullish
16 hours ago
State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

Market News
Bullish
17 hours ago
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