Pre-Market Brief | Wednesday, May 6, 2026
Futures: Nasdaq 100 up 1.5 percent. S&P 500 up 0.9 percent. Dow up 0.9 percent. Tuesday closed at records.
AMD: Up 18 percent premarket. Q1 EPS of $1.37 beat the $1.29 estimate. Revenue of $10.25 billion topped $9.89 billion. Q2 guide of $11.2 billion crushed the Street. Goldman upgraded to Buy. Target $450.
DIS: Up 6 percent premarket on a top and bottom beat under new CEO Josh D'Amaro.
NVDA, AVGO, MU: Sympathy plays on the AMD print.
Macro: Axios reports the US is near a one-page peace memo with Iran. Trump paused the Hormuz transit plan. ADP private payrolls hit at 8:15 ET.
Bottom Line: AMD did what Meta and Microsoft could not last week. Beat and run.
ad- Navellier Warns: This Could Leapfrog Elon’s SpaceX IPONavellier Warns: This Could Leapfrog Elon's SpaceX IPO Elon Musk could take SpaceX public in 2026, at an estimated $1.75 trillion valuation. The IPO would include Elon's AI model, Grok. But according to Louis Navellier, a radical new AI model will launch this year… over 1,000 times more powerful than Elon's. And the company behind it could outperform SpaceX in the process. Click here for full details (including Louis' new pick — free).
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Nearly $600 billion is projected to be spent on AI data centers this year.
That's because the ones being built now will dwarf everything that came before them. Thanks to AI's ravenous hunger for power …
They are beginning to morph into sprawling behemoths.
Meta has committed $10 billion to a data center in Louisiana set to occupy more than 4 million square feet. That's Meta's largest data center ever.
Elon Musk recently announced an $80 million expansion to Colossus
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Why is this "Hidden" Stock so Important to the US Government? After blocking a $40B buyout from NVIDIA, the U.S. quietly let this chip firm IPO. Why? Because it's now seen as a national security asset - and a critical AI supplier. As tensions with China rise, its value to the West is skyrocketing. Click here to learn more before this stock explodes >>>
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ad- Elon built the impossible in 19 days. This $3B company made it happen.Louis Navellier, the quant legend who recommended Nvidia in 2005, just ran a live AI demo that left his research team stunned. Click here to watch it now
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ad- Urgent Starlink IPO WarningIf you want to know which chipmaker could be the next NVIDIA , just ask Jeff Brown. He knows more about AI chips than practically anyone on the planet — Thanks to his senior executive roles at Qualcomm, Juniper Networks, and NXP Semiconductors… And Jeff just uncovered that one tiny chipmaker — 148 times smaller than NVIDIA — is set to provide Musk 5 billion chips in the next two years alone. Click for the full story
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