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09 May 2026

AMD EXPLODES, Jobs CRUSH IT, Bitcoin Holds $80K | Weekly Wrap (May 4-8)

AMD EXPLODES, Jobs CRUSH IT, Bitcoin Holds $80K | Weekly Wrap (May 4-8)Wall Street just notched its 6th straight weekly win — the longest streak since 2024. The S&P 500 and Nasdaq hit fresh all-time highs. AMD exploded 13% on AI guidance. Bitcoin ran to $82,000 then pulled back. The April jobs report crushed expectations. And Iran tensions kept oil markets on edge. In this Weekly Wrap, we break down EVERYTHING that moved markets from May 4th through May 8th — across all major sectors, including crypto — plus what to watch heading into next week. 🔊 THIS WEEK’S RECAP: ✅ Monday: Palantir CRUSHED earnings — but stock dropped 5% ✅ Tuesday: Records set on S&P and Nasdaq, oil cools ✅ Wednesday: AMD explodes 13% on huge AI guidance ✅ Thursday: Tech pullback as Iran tensions reignite ✅ Friday: April jobs report blows past expectations

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