What Moved Markets — 2am ET, May 18, 2026

Headlines

•Middle East tensions and oil surge spark global inflation fears — Asian equities and U.S. futures drop, tech selloff intensifies ahead of Nvidia
$NVDA seekingalpha.com
•Tencent faces halted deliveries of advanced Nvidia AI chips after Chinese intervention — disrupts AI chip supply chain
$NVDA finance.yahoo.com
•Jim Cramer Reveals He’s Been A Fan Of Amazon.com (AMZN) CEO Before Anyone Else Was
$AMZN insidermonkey.com
•Jim Cramer Can’t Help But Share How Amazon Is Better Than Walmart (WMT)
$CSCO $NVDA $WMT finance.yahoo.com
•Musk-Altman legal feud escalates — OpenAI co-founders now in court battle over control and direction of AI frontier
$MSFT $TSLA $NVDA cnbc.com
•Bond rout deepens as rising oil prices stoke inflation fears — Treasury yields climb on renewed inflation concerns
$TLT $IEF bloomberg.com seekingalpha.com
•Ryanair has plans for 'armageddon' scenario as CFO warns weaker European carriers may not survive jet fuel crunch
$RYAAY cnbc.com