Nasdaq, S&P 500 Log More Records on AMD Surge

A continued oil retreat has triggered more outperformance, with the Dow Jones Industrial Average (DJI) last seen 619 points higher. Also driving upbeat sentiment is increasing hopes toward a looming peace deal between the U.S. and Iran, despite President Donald Trump's earlier threats. The tech-heavy Nasdaq Composite (IXIC) is also up triple digits, earlier tapping a record alongside the S&P 500 Index (SPX) after an impressive post-earnings surge out of Advanced Micro Devices (AMD).

West Texas Intermediate (WTI) crude is down 6.7%, while the VanEck Semiconductor ETF (SMH) enjoyed a roughly 3% jump thanks to surging tech. Investors are also digesting a higher-than-expected ADP private payrolls report for April.

• Upbeat outlook boosts popular rideshare stock.
• Marketing stock suffers steep post-earnings drop.
• Plus, options pop on SHOP; aviation stock charging higher; grim outlook drags chemical giant.

Shopify Inc (NASDAQ:SHOP) stock is a popular pick in the options pits, last seen trading down 0.7% at $106.87 after reporting a weak outlook, overshadowing its adjusted earnings and revenue beat for Q1. So far, 213,000 calls have been exchanged-- 13 times the average daily rate and 17 times the number of puts traded. Most popular is the September 160 call, trailed by the 195 call in the same series with new positions opening at both. Over the past 12 months, SHOP has added 13%.

Joby Aviation Inc (NYSE:ADM) stock is one of the top stocks on the New York Stock Exchange (NYSE) today, up 13.4% to trade at $9.85, brushing off a first-quarter loss and price-target cut from Morgan Stanley to $13 from $15, with a bottom-line beat. JOBY is now facing off with the overhead 80-day moving average and $10 level and sports a 24% year-to-date deficit. 

Chemical name Chemours Co (NYSE:CC) is one of the worst performers on the NYSE this afternoon, last seen down 13.7% at $24.12, despite the company posting a first-quarter earnings beat. A second-quarter dividend announcement was also tacked onto the call, while Mizuho hiked its price target to $30 from $25. CC has surged 104% in 2026.