Week of May 1 🔥: The most consequential earnings week of 2026 ended with records on the tape and a Fed that can't agree on what comes next. All four hyperscalers beat and watched their stocks fall; Apple closed the Tim Cook era with a blowout; SanDisk may have just killed memory cyclicality with five hyperscaler supply contracts. Inflation is at a three-year high, rates are frozen, and May starts with more questions than answers.

Monday 🔓: The S&P 500 squeezed out another record close Monday despite Iran peace talks stalling and a shooting scare at the White House Correspondents' Dinner. The big story was Microsoft and OpenAI officially ending their exclusive AI model deal, freeing ChatGPT to play the field with Amazon and other cloud rivals. Meanwhile optical tech name POET Technologies cratered 46% after Marvell cancelled its purchase orders — and Stocktwits retail somehow turned bullish anyway.

Tuesday 😬: OpenAI's revenue shortfalls cracked the AI capex thesis wide open, dragging chip and data center names sharply lower ahead of the most consequential earnings night of 2026. Robinhood beat on platform growth but missed on revenue, and the UAE blindsided energy markets by announcing it will exit OPEC on May 1, sending Brent crude above $112. Wednesday brings Amazon, Meta, Microsoft, and Alphabet after the bell, plus the FOMC decision and Powell's likely final press conference.

Wednesday 🔥: Powell's final press conference ended with the most divided FOMC vote since 1992, four hyperscalers beat earnings and watched their stocks fall anyway, and Anthropic quietly shopped a $900 billion valuation while nobody was looking. Amazon, Microsoft, Meta, and Alphabet all crushed estimates after the bell, but the market sold the capex bills instead of celebrating the beats — only Alphabet closed higher. Robinhood and SoFi got punished for being merely good in a year when good isn't enough.

Thursday 🤖: Apple closed Tim Cook's CEO era with a blowout quarter: records across the board, a $100B buyback, and a succession announcement. Four Mag7 giants reported simultaneously after the bell, with Google and Amazon surging, Meta getting punished for its capex obsession, and Microsoft barely moving. Reddit proved platforms can print money without needing more users; Roblox proved the opposite. Underneath it all, PCE hit a three-year high and the Fed held rates for the fifth straight meeting with four members already itching to ditch the easing bias.

Friday 🏁: Stocks closed at all-time highs to cap the best month since the Covid rebound, with semis posting their strongest monthly return since 2000. SanDisk's 60% earnings beat was almost a footnote once analysts saw the hyperscaler supply contracts underneath it. Cerebras filed a $40B IPO after the bell — and inflation is sitting at a three-year high with rates on hold.

🤩 This week's Stocktwits Top 25 showed how momentum movers fared vs. the indexes.

Here are the closing prices: 

While other platforms can charge up to 35% commission on staking rewards, GalaxyOne charges 0% through the rest of the year, allowing eligible clients to earn up to an estimated 6.50% in variable staking rewards on SOL.

Rewards can begin to accrue and automatically compound with your staked balance while your SOL remains staked. View real-time rewards accrual, staked balances, estimated rewards, and full transaction history, all within a single interface with integrated tax reporting.

Powered by Galaxy Digital’s own validator, one of the largest Solana validator operations, GalaxyOne Staking brings institutional-grade infrastructure directly to the individual investor**.

**Staking involves risks, including validator downtime, slash, loss of rewards, and Galaxy cannot guarantee validator performance.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

Need a concise summary of what's going on this week? Look no further. Here’s a rundown of this week’s earnings and economic data.

Above is a quick summary. Check out the full Stocktwits earnings calendar for the other names reporting this week.

In addition to the above, check out this week's complete list of economic releases.

The Cashtag Awards are built by the Stocktwits community and it wouldn't be the same without you in the room!

We're offering a limited number of fully comped tickets for members who want to show up, represent, and help make this night as special as it should be.

Want to celebrate with us on May 4th?

🆘 Experience 100+ new technical indicators and smarter charts in MarketSurge—try it for only $1/day *

⚠ GME Reportedly Wants To Buy eBay But Retail Wonders How; eBay Stock Soars

😄 US Approves $8.6B Arms Sales As Analyst Calls Trump’s Iran Blockade A ‘Delusional Silver Bullet’

🐿 Jobs day, semiconductor earnings, and stock market momentum: What to watch this week

🛢 U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

✈ ‘Godspeed my friend’: Inside the final hours of Spirit Airlines

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

Want to see some change? Email Kevin Travers your feedback; follow him on Stocktwits.

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋