Episode

Stocks Hit Record Highs, Oil Tumbles on Iran Deal Hopes, AMD CEO Exclusive 5/6/26

Podcast: Squawk on the Street
Published: May 6, 2026
Duration seconds: 2780
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Summary

Carl Quintanilla, Jim Cramer and David Faber focused on the S&P 500 and Nasdaq hitting record highs — and crude oil prices falling — on a published report that says the White House believes it's nearing an agreement with Iran on a memorandum of understanding to end the war. The AI trade: AMD CEO Lisa Su joined the program exclusively to discuss the chipmaker's quarterly beat and guidance that lifted the stock to a new all-time high. Also in focus: Nvidia-Corning AI partnership, Disney jumps on Q2 results, bookings guidance boosts Uber shares. Squawk on the Street Disclaimer