US Markets Take First Breather – Iran and USA in Direct Combat – US Court Stops Trump’s Global 10% Tariffs – MercadoLibre Grows Despite Margin Pressure – Monster Beverages Achieves Significant Revenue Jump – Rocket Lab Experiences Rocketing Rise – CoreWeave Burdened by High Debt – Trade Desk Faces Weak Outlook – Airbnb Slowed by Middle East Conflict – Cloudflare Starts Massive Layoffs
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After the euphoric record run of the previous day, Wall Street took a noticeable breather on Thursday, May 7, 2026. The Dow Jones dropped 0.6% to around 49,597 points, while the S&P 500 fell by 0.4% to 7,337 points. The Nasdaq Composite remained relatively stable at 25,806 points, losing only 0.1%. This marked the end of a volatile session where investors were torn between profit taking, geopolitical hopes, and new corporate figures. The markets were strongly influenced by developments surrounding the Iran conflict. While hopes for diplomatic...
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