What Moved Markets — 4pm ET, May 3, 2026

Headlines

• •Intel CEO Lip-Bu Tan joins PsiQuantum board — PsiQuantum valued at $7 billion

  $INTCfinance.yahoo.com

• •Gorilla Technology Group signs India GPU deal for 20,736 B300 cards — GRRR up 17.9%

  $NVDAfinance.yahoo.com

• •Tech layoffs surge 580% in Q1 2026 to 81,000 jobs — AI infrastructure spending drives headcount cuts across Big Tech

  $GOOG$GOOGL$MSFT$BOXbenzinga.com

• •CNX Resources convertible notes to convert into ~12 million new shares — stock falls 3%

  $CNXfinance.yahoo.com

• •MSA Safety (MSA) Reports Q1: Everything You Need To Know Ahead Of Earnings

  $CECO$MSA$NVDA$TTEKfinance.yahoo.com

• •Here's Why I Still Wouldn't Touch Energy Transfer LP -- Even With That 6.9% Yield

  $ET$ETE$INTC$IQNT$NFLXfinance.yahoo.com

• •Why MYR Group (MYRG) Stock Is Up Today

  $GOOG$GOOGL$MYRG$PYPL$PYPLVfinance.yahoo.com