AI and energy earnings fuel Wall Street optimism despite macro risks

MSN
2026.05.16 21:29
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Earnings from Cisco, Applied Materials, and Constellation Energy surpassed Wall Street expectations, fueled by AI demand and energy market strength. However, markets are adjusting for potential Fed rate hikes amid persistent inflation and high yields. Additionally, ongoing geopolitical tensions, including U.S.-China relations and Middle East conflicts, contribute to market uncertainty.