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What Moved Markets — 8am ET, May 7, 2026

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Headlines

  • Amazon to stock Novo Nordisk's Ozempic pill at US kiosks, offer same-day delivery — Amazon Pharmacy expands diabetes drug distribution

  • Micron shares up 108% year-to-date, 715% over past year on AI memory supercycle — CEO cites continued scaling potential

  • Netflix and Meta trade off recent highs — dips present contrasting valuation profiles for communication services investors

  • Iran conflict disrupts helium supply critical to chipmaking — AI growth stocks face ongoing helium shortage risk

  • Coherent beats Q3 with $1.806B revenue and $1.41 EPS — shares rise 20% on AI data center demand

  • Kontoor Brands Q1 sales up 29.7% YoY to $808M — stock soars

  • Gilead Sciences Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Today’s wrap

May 7, 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.