'Project Freedom' Pause, Stocks Rally as AI Spend Drives Tech | The Opening Trade 5/6/2026

Posted on 05/06/2026
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Technology stocks are driving rallies in global equities as a wave of blockbuster earnings and deals highlights the relentless pace of investment in artificial intelligence.

Investors’ optimism was also buoyed by US President Donald Trump touting “Great Progress” toward a final peace deal with Iran. At a time when crude flows through the Strait of Hormuz remain at a near standstill, Brent slid on expectations that a settlement may be near. Bond yields fell in the US and Europe, while the dollar retreated against all major peers.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.



Chapters:

00:00:00 - The Opening Track

00:00:22 - Market Check

00:02:25 - Oil Price Falls

00:05:11 - Stocks Rally on AI, Tech Momentum

00:07:16 - BMW Earnings Decline

00:09:09 - Diageo Earnings

00:12:37 - Anthropic Unveils AI Agents for Financial Services

00:13:03 - Macron Names Moulin Bank of France Governor

00:13:33 - Cruise Ship Hantavirus Outbreak

00:15:50 - Ahold Delhaize CEO

00:25:25 - Yen Moves Fuel Speculation of Further Intervention

00:25:25 - Philips CEO

00:33:59 - Infineon CFO

00:37:49 - US Ambassador to the EU on New Tariffs

00:47:49 - Stocks to Watch: Novo Nordisk, Zalando, Infineon

00:55:07 - Zalando Stock

01:02:41 - Spain Composite PMI

01:07:59 - Kongsberg CEO

01:17:41 - Continental CFO

01:24:34 - Novo Nordisk Stock Surge

01:29:00 - AMD is Leading Challenger to Nvidia

01:34:17 - Brent Crude Levels

01:34:41 - US Gas Prices Top $4.50 a Gallon

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