Alphabet Leaps Over Nvidia, Tesla in Top Stock Options as AI Threatens Search Revenue: Options Chatter

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U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.

① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.

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U.S. Stocks Rise After Fed Holds Rates Steady Again -- Market Talk

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Trump Rules Out Scaling Back Tariffs to Jump Start China Trade Talks

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Fed FOMC Preview: Powell Faces Lose-Lose Situation Amid Trump's Trade War

Investing.com May 7 10:30 ET