Nonce News Desk

WIRES

Credit Acceptance Posts Q1 Earnings Growth Despite Subprime Market Share Pressure

Credit Acceptance posted $135.8M in Q1 2026 GAAP net income, hit a record dealer count, and raised $450M via ABS as subprime loan volume declines moderated.

05/05/2026

WIRES

Chip Stocks Surge to Drive Nasdaq and S&P 500 to Fresh Records

Intel surged 14% to an all-time high Tuesday after reports of a possible Apple chip deal, lifting the Nasdaq and S&P 500 to fresh records. Oil fell 3%.

05/05/2026

WIRES

Lucid Plans Production Cuts as Inventory Piles Up and Revenue Misses

Lucid Group plans to cut production after Q1 revenue badly missed estimates and unsold luxury EVs piled up. Here is what the numbers showed.

05/05/2026

WIRES

Super Micro Surges on Guidance Beat Despite Revenue Miss

Super Micro shares jumped 19% after the AI server maker issued stronger-than-expected Q4 guidance, even as Q3 revenue fell short of analyst estimates.

05/05/2026

WIRES

AMD Q1 2026 Earnings Beat

AMD beat Q1 2026 earnings estimates with data center revenue up 57% to $5.8B. The chipmaker also issued a Q2 outlook well above Wall Street expectations.

05/05/2026

WIRES

Oil Prices Could Surge to $200 If Iran War Extends Into Summer

Macquarie strategists warn Brent crude could top $200 per barrel and US gasoline could hit $7 per gallon if the Iran conflict stretches into summer 2026.

05/05/2026

WIRES

Oil Dips as U.S. Defends Iran Ceasefire While Stocks Climb

Oil futures retreated Tuesday after U.S. officials insisted the Iran ceasefire remains intact, even as fresh missile attacks rattled the Gulf region. Stocks hit

05/05/2026

WIRES

Super Micro Surges 19% After Hours on Strong Forward Guidance

Super Micro stock jumped 19% in after-hours trading Tuesday after the AI server maker issued stronger-than-expected Q4 guidance, even as Q3 revenue missed estim

05/05/2026

WIRES

U.S. “Project Freedom” Aims to Reopen Hormuz Strait, but Experts Doubt It Will Work

The Trump administration says Project Freedom is already moving ships through the Strait of Hormuz. Defense analysts warn the operation falls short of a real fi

05/05/2026

WIRES

AMD Q1 2026 Earnings Beat

AMD beat Q1 2026 earnings estimates as data center revenue surged 57% to $5.8B. The chipmaker also issued Q2 guidance well above analyst expectations.

05/05/2026

WIRES

Oil Could Hit $200 a Barrel if Iran War Drags Into Summer

Macquarie strategists say Brent crude could surpass $200 per barrel and U.S. gas could hit $7 a gallon if the Iran conflict continues into summer 2026.

05/05/2026

WIRES

Oil Slides as U.S. Confirms Iran Ceasefire Still Holds

Oil prices fell nearly 4% Tuesday after U.S. officials confirmed the Iran ceasefire remains intact following Iranian strikes on the UAE and Strait of Hormuz ten

05/05/2026

WIRES

Micron Surges Past $700 Billion as AI Memory Crunch Drives Historic Rally

Micron's market cap surpassed $700 billion Tuesday after shares jumped 12%, driven by a global AI-fueled memory shortage pushing the chipmaker into the U.S. tec

05/05/2026

WIRES

U.S. “Project Freedom” Aims to Reopen Hormuz Strait — Experts Doubt It Will Work

The Trump administration claims Project Freedom is already working in the Strait of Hormuz. Defense and shipping analysts say the mission falls well short of a

05/05/2026

WIRES

Spirit Airlines Begins Winding Down After Biggest U.S. Airline Collapse in a Generation

Spirit Airlines has begun a monthslong wind-down process in bankruptcy court, with a $217 million budget filed to dismantle the carrier after its historic colla

05/05/2026