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What I Am Reading

Wednesday, May 6, 2026

Markets

Commodities

Iron Ore Rises to 2024 High as Buyers Return After China HolidayBloomberg
Oil prices fall as Trump pauses Hormuz escort effortCNBC
Oil Falls on Hopes of U.S.-Iran Peace DealWall Street Journal
Oil Futures Markets Still Too Complacent About Supply ShockYahoo Finance

US economy

Layoffs Tracker 2026: List of Major Job Cuts Across Big Corporations This YearWall Street Journal
US SEC proposes allowing public companies to opt out of quarterly earnings reportsReuters

US politics

US industries, trade groups split over Trump's tariff probe on excess factory capacityReuters

AI

AI Is Forcing CEOs to Make a Stark Choice: Lay Off Workers or Make Them Do MoreWall Street Journal
The Cost of AI Is Going UpWall Street Journal
Samsung hits $1 trillion valuation as AI rally lifts shares over 10%CNBC
AMD forecasts revenue above expectations on strong AI demand, shares jump 12%Reuters
Google Is Building an AI Agent That Could Be Its Answer to OpenClawBusiness Insider
Anthropic Releases New AI Agents for Financial Services FirmsWall Street Journal

Corporate finance

Coinbase Slashes Workforce For AI Pivot; Bullish Rallies On $4.2 Billion BuyoutInvestor's Business Daily

Geopolitics & Trade

China Is Still Supplying Drone Factories in Iran, Russia Despite U.S. SanctionsWall Street Journal
Brazil Nears Its China Beef Quota in Big Shift for Trade FlowsBloomberg

US ISM Services PMI (April 2026)

Source:Institute for Supply Management

US JOLTs Job Openings (March 2026)

Source:Bureau of Labor Statistics