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

Page: https://stenobird.com/podcast/squawk-on-the-street-731896/stocks-hit-record-highs-oil-tumbles-on-iran-deal-hopes-amd-ceo-exclusive-5-6-26
Text version: https://stenobird.com/podcast/squawk-on-the-street-731896/stocks-hit-record-highs-oil-tumbles-on-iran-deal-hopes-amd-ceo-exclusive-5-6-26.md
Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-05-06T14:40:19+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/772daf2b-4aa5-445b-9969-6ecd181231b1/episodes/1b44c8ab-28de-4f8e-b6ce-b63a347eb86d/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=1b44c8ab-28de-4f8e-b6ce-b63a347eb86d&feed=GcylmXl7
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Duration seconds: 2780

## Resource

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

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## Transcript

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