Today is Wednesday, May 6, 2026.

The Early Bird Index today is 84.58.

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Advanced Micro Devices $AMD ( ▲ 4.02% ) surged 16.54% in after-hours trading on Tuesday after posting strong financial results. The company said that the data center business is “now the primary driver” of revenue.

Financials: AMD reported earnings of $1.37 per share in the past quarter and revenue of $10.3 billion. Both were better than expected.

Early Bird’s Nest Egg Gains: AMD is capitalizing on AI and data center demand by selling a more complete stack: EPYC CPUs, Instinct GPUs, networking gear, and open software aimed at training, inference, and enterprise-scale deployment.

Final Thoughts: It’s more of the same for AMD. The stock was already up nearly 59% this year.

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Notable Earnings Today: Walt Disney (NYSE: DIS), Arm Holdings (Nasdaq: ARM), Uber (NYSE: UBER), AppLovin (Nasdaq: APP), DoorDash (Nasdaq: DASH), CVS Health (NYSE: CVS), Dutch Bros (NYSE: BROS), Snap (NYSE: SNAP), Zillow (Nasdaq: ZG), Warner Bros. Discovery (Nasdaq: WBD), Coherent (NYSE: COHR), Albemarle (NYSE: ALB), IonQ (NYSE: IONQ), Axon (Nasdaq: AXON), Kraft Heinz (Nasdaq: KHC), Whirlpool (NYSE: WHR), Fastly (Nasdaq: FSLY), Novo Nordisk (NYSE: NVO), Marriott (Nasdaq: MAR), Amcor (NYSE: AMCR), Beyond Meat (Nasdaq: BYND), APA (Nasdaq: APA), Apollo Global Management (NYSE: APO), Atmos Energy (NYSE: ATO), Cencora (NYSE: COR), CF Industries (NYSE: CF), Curtiss-Wright (NYSE: CW), Eversource Energy (NYSE: ES), Exelon (Nasdaq: EXC), Fidelity National (NYSE: FNF), Flex (Nasdaq: FLEX), Fortinet (Nasdaq: FTNT), Global Payments (NYSE: GPN), Host Hotels (Nasdaq: HST), ITT (NYSE: ITT), Johnson Controls (NYSE: JCI), Medline (Nasdaq: MDLN), MetLife (NYSE: MET), MKS (Nasdaq: MKSI), NiSource (NYSE: NI), Nutrien (NYSE: NTR), NRG Energy (NYSE: NRG), PTC (Nasdaq: PTC), Realty Income (NYSE: O), Regal Rexnord (NYSE: RRX), Restaurant Brands International (NYSE: QSR), Royal Gold (Nasdaq: RGLD), SiTime (Nasdaq: SITM), Sun Life (NYSE: SLF), Symbotic (Nasdaq: SYM), Tenaris (NYSE: TS), TKO Group Holdings (NYSE: TKO), United Therapeutics (Nasdaq: UTHR), Western Midstream (NYSE: WES).

Notable IPOs Today: Vernal Capital Acquisition Corp. (NYSE: VECA), Rare Earths Americas, Inc. (NYSE American: REA).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: ADP Nonfarm Employment Change (8:15 a.m. ET), Crude Oil Inventories (10:30 a.m. ET).

Despite posting mixed financial earnings results on Tuesday, Super Micro Computer $SMCI ( ▼ 0.32% ) surged 18.04% in after-hours trading due to a strong sales outlook.

Financials: Super Micro Computer reported earnings of 84 cents per share in the past quarter, which were better than expected. Revenue was $10.2 billion, which was lower than expected.

Final Thoughts: Thankfully, the company expects revenue between $11 billion and $12.5 billion for the current quarter. The stock has staged a mini-comeback over the past few weeks.

Cloud networking solutions company Arista Networks $ANET ( ▼ 1.39% ) posted good financial earnings results on Tuesday, but a lower-than-expected gross margin and issues with supply plunged the stock by 11.77%.

Financials: Arista Networks reported earnings of 87 cents per share in the past quarter and revenue of $2.71 billion. Both were better than expected.

Final Thoughts: The stock was up 27% this year, so it was time for investors to take some profits. 

A Matter of Trust: Trust in crypto remains biggest barrier to adoption, say Consensus Miami 2026 panelists (CoinDesk)

Meaningful Shift: Bitcoin treasury firm Strategy breaks from ‘never sell’ approach to the flagship crypto (CNBC)

Eliminating Red Tape: UnitedHealthcare to cut prior authorization for 30% of services. Here's what to know. (CBS News)

Burning Cash: EV maker Lucid suspends forecast, misses quarterly revenue estimates (Reuters)

PayPain: PayPal to Cut 20% of Staff Amid Turnaround Push (Wall Street Journal)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}