Key News
1. Trump says it's "too early" to prepare for a peace agreement with Iran.
2. US ADP employment rose 109,000 in April, the largest increase since January last year, exceeding market expectations of 99,000.
3. According to media reports, US officials said the US and Iran are close to reaching a one-page memorandum to end the war; the US expects Iran to respond to several key issues within the next 48 hours.
Stock News
1. SpaceX, owned by Elon Musk, plans to invest $55 billion in its Terafab, Texas Gigafactory.
2. Occidental Petroleum (OXY.N): Global total production averages 1.426 million barrels of oil equivalent per day in the first quarter of 2026.
3. According to sources, Anthropic plans to pay Google (GOOG.O) approximately $200 billion over the next five years.
4. The CEO of Rivian (RIVN.O), the US electric vehicle company, said the company is considering producing its own lidar sensors and may partner with a Chinese company.
5. According to The Information: Meta Platforms (META.O) is developing an AI agent called "Hatch" and creating an agent-based shopping tool on Instagram.
6. AMD (AMD.O) reported Q1 2026 revenue of $10.253 billion, compared to $7.438 billion in the same period last year, exceeding market expectations of $9.892 billion; Q2 revenue is projected to be $11.2 billion, while market expectations are $10.516 billion.
7. The National Highway Traffic Safety Administration (NHTSA) announced that Tesla (TSLA.O) is recalling 218,868 vehicles in the U.S. due to delayed rearview cameras reducing driver visibility behind the vehicle and increasing the risk of a collision.
8. Arista Networks (ANET.N): First-quarter revenue reached $2.709 billion, up 8.9% sequentially and a significant 35.1% year-over-year, exceeding the market's average expectation of $2.62 billion; GAAP diluted earnings per share were $0.80 and non-GAAP earnings per share were $0.87, exceeding the market's average expectation.
