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What Moved Markets — 10pm ET, May 5, 2026

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Headlines

  • AMD forecasts Q2 revenue of $11.2B — points to server CPU TAM of over $120B by 2030

  • Citi launches Citi Sky AI assistant built with Google Cloud — partnership expands Google's enterprise AI reach

  • Check Point Leans Into AI Partnerships As Cybersecurity And Execution Risks Rise

  • Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms

  • Honda halts $15B Canada EV plant plan — Nikkei report says slow U.S. demand shifts focus to hybrids

  • Trump pauses Hormuz escort mission, keeps Iran blockade — oil falls to $101, Dow futures rise 104 points

  • Lumen outlines $1.9B to $2.1B 2026 free cash flow outlook as it plans $475M Alkira acquisition (NYSE:LUMN)

Today’s wrap

May 5, 2026 Market Wrap

GoodMoat publishes hourly macro-headline digests synthesized by AI from leading financial newswires (Reuters, Bloomberg, Tiingo). Each bulletin is editorially reviewed for accuracy before publication. See the Macro Desk editorial process for details.