The U.S. SEC formally proposed on May 5, 2026 allowing public companies to substitute semiannual 10-S filings for traditional quarterly 10-Q reports. The Trump-backed rule change is optional — companies could still file quarterly — but opens a public comment period before a possible vote in 2026–2027.
Super Micro Computer shares jumped 18% after its fiscal Q3 2026 earnings showed revenue more than doubling year-on-year and guidance surpassing analyst estimates. The company also highlighted progress on U.S. manufacturing expansion, a key focus for hyperscaler customers seeking domestically produced hardware.
AMD shares surged 15% in after-hours trading on May 5, 2026, after Q1 results beat on both revenue and guidance. Data center growth — powered by MI-series GPUs and Epyc server CPUs — was the primary driver, reinforcing investor confidence that AI semiconductor demand remains robust.
South Korea's KOSPI benchmark crossed 7,000 for the first time in its history on May 6, 2026, surging 4.54% to 7,252.09 in early trade. The milestone is driven by semiconductor-sector strength — buoyed by AMD's 15% overnight gain — and optimism over U.S.-Iran ceasefire talks that eased oil-supply risk.
$STLA fell as much as 10% even after Stellantis reported €38.1 billion of Q1 net revenue, €960 million of adjusted operating income, and a return to net profit.
$LLY rose more than 10% after Eli Lilly posted Q1 revenue of $19.8 billion, adjusted EPS of $8.55, and lifted its 2026 sales outlook by $2 billion.
$RDDT jumped more than 9% in extended trading after Reddit reported Q1 revenue of $663 million, EPS of $1.01, and Q2 sales guidance above consensus.
$AAPL rose about 3% after Apple posted $111.18 billion in March-quarter revenue and guided June-quarter growth at 14% to 17%, ahead of the Street’s 9.5% view.
NXP Semiconductors $NXPI rose 26% on April 29 after reporting Q1 revenue of $3.18 billion, GAAP EPS of $4.43 and Q2 revenue guidance of $3.35 billion to $3.55 billion. The beat mattered because automotive and industrial demand, not just handsets, carried the quarter.
Samsung Electronics (005930.KS) reported KRW 133.9 trillion in Q1 revenue and KRW 57.2 trillion in operating profit, both records, as AI memory demand and higher ASPs lifted the chip division. The print resets the bar for Asian semis because HBM and server-memory supply are again driving the earnings cycle.
General Motors $GM raised 2026 EBIT-adjusted guidance to $13.5B-$15.5B after first-quarter EBIT-adjusted rose 21.9% to $4.253B. A favorable tariff adjustment of about $500M lowered expected 2026 gross tariff costs to $2.5B-$3.5B.
Qualcomm $QCOM rose to $148.85, up $15.01 or about 11.2%, after analyst Ming-Chi Kuo said OpenAI is working with Qualcomm and MediaTek on smartphone processors for a 2028 device. None of the companies confirmed the report, but the move put Qualcomm back at the center of the AI hardware trade.