---
title: "Morning News Wrap-Up, 5/7/26: Today's Biggest Stock Market Stories!"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285596206.md"
description: "Today's stock market movements are influenced by earnings reports, analysts' ratings, and economic updates. Atara Biotherapeutics (ATRA) saw a significant rally due to a regulatory update, while Rackspace Technology (RXT) surged on a new agreement with AMD. Beyond Meat (BYND) faced a decline after disappointing earnings. The S&P 500 (SPX) fell as oil prices dropped below $100. Other notable movements include Datadog (DDOG) rising on strong earnings, GameStop (GME) dipping after CEO's eBay ban, and Nvidia (NVDA) climbing on CEO's trip to China. Overall, the market is reacting to various corporate news and economic factors."
datetime: "2026-05-07T17:58:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285596206.md)
  - [en](https://longbridge.com/en/news/285596206.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285596206.md)
---

# Morning News Wrap-Up, 5/7/26: Today's Biggest Stock Market Stories!

Earnings reports, analysts' ratings and price targets, and economic updates are behind today's stock market movements. Traders can get up to speed on these topics below.

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-   **Atara Biotherapeutics** (ATRA) stock underwent a massive rally on a regulatory update.
-   **Rackspace Technology** (RXT) stock rocketed on a new agreement with Advanced Micro Devices (AMD).
-   **Beyond Meat** (BYND) stock was slammed by the company's latest earnings results.
-   **The S&P 500** (SPX) was down as oil dropped below $100 per barrel.
-   **Whirlpool** (WHR) stock plummeted after the company warned of a price increase.
-   **Datadog** (DDOG) stock surged following the company's most recent earnings.
-   **GameStop** (GME) stock dipped after the company's CEO said he was banned from eBay (EBAY).
-   **Arm Holdings** (ARM) stock dropped even after the company's earnings beat expectations.
-   **Novo Nordisk** (NVO) and **Eli Lilly** (LLY) stocks were down despite data showing increased demand for their weight-loss drugs.
-   **McDonald's** (MCD) stock slipped on a sales and margins warning.
-   **AMD stock** was down despite new analyst price target increases.
-   **The Dow Jones** (DJIA) was down as investors await updates on the war with Iran.
-   **Himax Technologies** (HIMX) stock gained on earnings that beat estimates.
-   **Nvidia** (NVDA) stock climbed on reports that its CEO would accompany President Trump on a trip to China.
-   **Nintendo** (NTDOF) stock fell after the company revealed a controversial Star Fox game.

### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [DDOG.US](https://longbridge.com/en/quote/DDOG.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [GME.US](https://longbridge.com/en/quote/GME.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md)
- [IVV.US](https://longbridge.com/en/quote/IVV.US.md)
- [SPY.US](https://longbridge.com/en/quote/SPY.US.md)
- [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)
- [GMEU.US](https://longbridge.com/en/quote/GMEU.US.md)
- [VOO.US](https://longbridge.com/en/quote/VOO.US.md)
- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [DOGD.US](https://longbridge.com/en/quote/DOGD.US.md)

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