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My Top 10 Things to Watch for Monday, May 4th 1. Oil prices soar after conflicting reports about Iranian attacks on US warships, raising concerns about regional instability and pushing down the S&P 500. It followed a blockbuster week for the stock market, with the market-wide index closing at its highest level three times. Investors are expected to hear important April jobs data on Friday. 2. Chevron’s price target has been raised to $192 from Barclays, which maintained the stock price at $180. The oil company’s first quarter report showed “resilient” operations and free cash flow momentum growing into the…
Bill Reddy, CEO of Pinterest, speaks at the 28th Milken Institute Global Conference at the Beverly Hilton on May 5, 2025 in Beverly Hills, California.Patrick T. Fallon | AFP | Getty Imagespinterest First-quarter profits announced Monday exceeded sales and bottom line. The stock price soared 15% following the news.Here’s how the company performed compared to LSEG’s analyst consensus forecasts:Earnings per share: 27 cents adjusted, 23 cents expected; Revenue: $1.01 billion, $966 million expected.Pinterest’s first quarter revenue increased 18% year-over-year, but its net loss was $73.59 million, or 12 cents per share. A year ago, the social media company posted net…
Please keep up the good work. Kris Jenner showed up at the Met Gala 2026 on May 4th with a new take on her signature bob hairstyle, showing moms everywhere once again how to easily steal the spotlight. The 70-year-old looked drop dead gorgeous in a copper and white kimono-inspired look with long wavy sleeves as she posed alongside her daughter Kim Kardashian on the steps outside the Metropolitan Museum of Art in New York City. (See all the stars from Met Gala 2026 here.) Inspired by the theme “Costume Art” and dress code “Fashion is Art,” the Kardashian matriarch’s…
April was an impressive month for major stock market averages. May typically marks the beginning of a seasonal period of weakness in stocks, but recent momentum could continue into next month. Last month, the S&P 500 index surged more than 10%, its best month since November 2020. The Nasdaq Composite Index, up more than 15%, had its strongest monthly performance since April 2020, and the Dow Jones Industrial Average rose about 7%, its largest monthly gain since November 2024. .SPX Mountain 2026-04-01 S&P 500, performance since CFRA Research chief investment strategist Sam Stovall said in a note on Monday that…
As for the fear that AI could take over the workforce, Jensen Huang believes American workers have nothing to fear. In a conversation with MSNBC’s Becky Quick hosted by the Milken Institute, an economic policy think tank, on Monday night, the upbeat Nvidia CEO said that AI will create industrial-scale jobs, not the harbinger of mass unemployment that so-called “AI doomers” often decry. The talk covered a variety of topics, but a central theme was the continued economic uncertainty surrounding the AI industry and whether it is a legitimate concern for Americans. At one point, Quick pointed out, “This is…
On April 29, 2026, Elon Musk appeared in court in a federal court in Oakland, California, to attend the trial of a lawsuit regarding commercial conversion of OpenAI. Manuel Orbegoso | ReutersLast year, the Securities and Exchange Commission agreed to settle a lawsuit filed by Elon Musk, one of the world’s richest men, alleging that he violated securities laws in advance of his acquisition of Twitter. A Monday filing signed by the SEC and lawyers representing Musk said Musk’s revocable trust will pay the commission a $1.5 million civil penalty as part of the settlement. The settlement still needs approval…
You should definitely take more photos bad bunny. After all, the “DtMF” singer became completely unrecognizable after completely transforming into an old man. 2026 Met Gala May 4 at the Metropolitan Museum of Art in New York City. The 32-year-old looked more than twice his age with a head of gray hair, including a beard and bushy eyebrows, as he wore a sophisticated black Zara suit with a “fashion is art” dress code. In addition to aging makeup on his face and hands, he also wore a full face made of artificial materials. mike marinoa makeup artist who has worked…
Advanced Micro Devices shares have soared over the past month, but the stock is poised to give up some of that gain as the company prepares to report first-quarter earnings that will likely meet, but not exceed, Wall Street expectations, HSBC said. The investment bank downgraded the semiconductor stock from “buy” to “hold.” The company raised its price target to $340 from $335, which suggests the stock could fall about 6% from Friday’s closing price. Monday’s downgrade sent the stock down nearly 3%. “AMD’s recent stock price recovery has significantly increased market expectations for the company’s server central processing unit…
Null Photo | Null Photo | Getty ImagesOpenAI sales leader James Diet announced Monday that he is leaving his position, the latest in a series of high-profile departures at the artificial intelligence company.Mr. Dyett joined OpenAI in 2023. This was around the time the company experienced explosive growth after launching its ChatGPT chatbot. His LinkedIn profile lists his title as “Director of Sales,” but the company says he is a “Senior Sales Leader.” OpenAI is currently valued at more than $850 billion by private investors, and Mr. Diet led enterprise sales and application programming interface (API) sales at various points…
All’s fair in love and war, but Simone Ashley is the 2026 Met Gala red carpet winner. In celebration of the “Costume Art” exhibit, which focuses on the well-dressed body, the Bridgerton star walked up the iconic staircase at the Metropolitan Museum of Art in New York City on May 4 wearing nothing but a threaded silver chain. Simone completed her nearly nude look with a bejeweled bracelet and this season’s diamond-dazzling chandelier earrings. (Click here to see all the Met Gala fashion.) And this isn’t the 31-year-old’s first time attending fashion’s biggest night. She debuted in 2022 wearing a…