Chip stock boom
Published: May 7, 2026
Duration: 7:55
Asian markets return from Golden Week to a tech-driven rally, with Japan's Nikkei surging 6% and SoftBank jumping nearly 20%. Meanwhile, Tehran mulls a one-page U.S. proposal to end the Iran war, and U.S. labor market data shows hiring holding up despite the oil shock.
Today’s recommended read: Trapdoor creaks for dollar if Iran war ends, Mike Dolan
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Produced by Eliza Davis Beard, Ethan Plotkin and Abiso...