Real-time News

Morgan Stanley raised its price target for AMD (AMD.O) from $360 to $410.

Iranian Foreign Minister Araqchi: Iran only seeks a "fair and comprehensive agreement" with the United States.

According to British media outlet Politico, the Metropolitan Police has formed a special team of over 100 officers to protect Jews in London.

The CEO of Statoil: The wind power project is progressing well, and we will continue to develop the project despite the ongoing lawsuit in the United States.

Jefferies: Raises its price target for AMD (AMD.O) from $300 to $415.

Satellite imagery shows only two oil tankers near the port of Fujairah in the UAE, with just one very large crude carrier (VLCC) anchored at the port berth. Under these circumstances, the UAE's crude oil exports are expected to decline again.

According to the Financial Times, Deepseek is valued at nearly $45 billion.

The CEO of Statoil: Even if peace is achieved in the Middle East, it will take about 6 months to return to normal.

Goldman Sachs: It expects U.S. data center power demand to increase from 31 gigawatts in 2025 to 41/66 gigawatts in 2026/2027, assuming a capacity utilization rate of 70%.

CFO of Statoil: We need to prepare for the dramatic fluctuations in oil prices this year.

Goldman Sachs: U.S. data center capacity will more than double between the end of 2025 and the end of 2027, reaching 95 gigawatts by the end of 2027.

Novo Nordisk: First-quarter sales of its star weight-loss drug Wegovy reached DKK 18.235 billion, compared with market expectations of DKK 17.396 billion.

BMW Group: First-quarter revenue was €31 billion, compared to the company's expected €32.2 billion; first-quarter pre-tax profit was €2.3 billion, compared to the company's expected €2.2 billion.

BMW Group: First quarter automotive segment EBIT margin was 5.0%, compared to the company’s forecast of 4.7%.

May 6th – The 2026 Global Digital Cooperation and Exchange Conference and Global Data Week opened in Shanghai on May 6th. It was announced at the conference that, under the guidance of the National Data Administration, Shanghai, as one of the first pilot cities for international cooperation in the data field, has officially launched the Shanghai Comprehensive Pilot Program for International Cooperation in the National Data Field. Shanghai will implement the pilot requirements, promoting the development of high-level international data cooperation demonstration zones in areas such as Lingang, Pudong, and Hongqiao. Simultaneously, it will cultivate digital overseas service clusters in areas such as fintech, digital technology, digital content, and data compliance, combining regional industrial characteristics.

Futures Market News, May 6th: 1. WTI crude oil futures trading volume was 940,900 lots, a decrease of 403,324 lots from the previous trading day. Open interest was 2,068,446 lots, an increase of 19,035 lots from the previous trading day. 2. Brent crude oil futures trading volume was 164,384 lots, a decrease of 75,211 lots from the previous trading day. Open interest was 231,581 lots, a decrease of 195 lots from the previous trading day. 3. Natural gas futures trading volume was 301,360 lots, a decrease of 25,743 lots from the previous trading day. Open interest was 1,628,701 lots, a decrease of 1,493 lots from the previous trading day.

On May 6th, SEI analyst Jim Smigel stated in a report that given the Federal Reserve's dual mandate of supporting full employment and price stability, a direct interest rate hike is unlikely, as it would have potential negative impacts on the economy and even the labor market. Other global central banks (such as the European Central Bank) are not formally assigned a dual mandate, and therefore are more likely to focus heavily on price stability, making rate hikes more probable in these regions. However, global central banks are expected to follow the Fed's lead to some extent, as a significant deviation from the Fed's interest rate path could destabilize foreign exchange rates and capital markets in other regions.

On May 6th, ING analysis indicated that the Reserve Bank of Australia's (RBA) decision on Tuesday to raise the cash rate by 25 basis points to 4.35% by an 8-1 vote was more decisive than the divided decision at the previous meeting. The RBA lowered its 2026 GDP growth forecast by 0.5 percentage points to 1.3% and stated that the unemployment rate is expected to rise to 4.6% by the end of 2027. The revised average CPI forecast for mid-2026 was only slightly revised upward by 0.1 percentage points to 3.8%, with overall CPI still expected to peak at 4.8% in mid-2026 and not return to the target level until mid-2028. The RBA's communication suggests that the cash rate is at, but close to, the upper end of the model-based neutral rate range, and policy is currently seen as restrictive. It is expected that the RBA will hold rates steady in June unless inflation data significantly exceeds expectations. The report stated that the decline in the Australian dollar after the decision was seen as a short-term phenomenon, and the RBA has delivered on its hawkish stance and is prepared to take further action if necessary.

An advisor to the Ukrainian Interior Minister, Zakharova, reiterated Russia's willingness to negotiate. However, she stated that these negotiations must aim for the outcome Russia outlines—namely, Ukraine's defeat. This is empty talk; clearly, Russia has not taken any genuine peace steps.