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Get moving. It’s almost Friday. That’s great, but if your Mother’s Day card isn’t already in the mail, get it on its way today. You’ll thank us when your Sunday doesn’t include someone who’s not mad, just disappointed.

—Matty Merritt, Molly Liebergall, Dave Lozo, Abby Rubenstein, Holly Van Leuven

In today’s newsletter, we’ll get into:

  • The legacy of media mogul Ted Turner
  • The US’ latest messaging on the Iran war
  • Why big summer concerts are getting canceled

MARKETS

Nasdaq

25,838.94

S&P

7,365.12

Dow

49,910.59

10-Year

4.356%

Bitcoin

$81,586.66

AMD

$421.39

Data is provided by

*Stock data as of market close, cryptocurrency data as of 6:00pm ET. Here's what these numbers mean.

  • Markets: Like Jackie Wilson, the S&P 500 and the Nasdaq keep getting lifted higher and higher. Yesterday, both indexes closed at record highs, boosted not by love but by confidence in AI and hope for a de-escalation in Iran. AMD soared after reporting massive demand for its central processing units.
 

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