Market Digest: FISV, HBAN, MAR, PFE, JCI, XOM, NCLH, SOFI

Argus

•

May 07, 2026

Summary

Ed Yardeni, president of Yardeni Research, precocious described the banal marketplace arsenic moving successful 'Toy Story' manner 'to infinity and beyond.' On Wednesday, the large indices roseate different 1.5%-2.1% and printed their 2nd consecutive upside terms gap, this arsenic the AI bid continues to roar down the track. Once again, the scorching semiconductor stocks led, ripping 5% higher based connected the SMH and SOXX ETFs, arsenic good arsenic the Dow Jones Semiconductor Index. Starting from the largest players, the astir $5 trillion marketplace headdress NVDA roseate astir 6%, TSM was up 6.4%, AMD 19%, ASML 7%, LRCX 8%, ARM 14%, and ACLS 22%. Electrical constituent and physics instrumentality stocks continued to soar, with GLW up 12%, JBL 10%, FLEX 38%, IPGP 12%, and VECO 25%. Industrials besides did good connected the backmost of the airlines, aerospace, commercialized vehicles and trucks, and concern machinery. Two different less-discussed areas of the marketplace that besides are benefiting from AI see uncommon world and lithium stocks. The VanEck Rare Earth and Strategic Metals ETF (REMX) has soared 38% since March 20, portion the Global X Lithium ETF (LIT) has spiked 37% since March 20. Energy (XLE) dropped 4% and exploration & accumulation (XOP) fell 6% arsenic WTI slipped 6%, dr