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    Home»Business»Thursday’s big stock stories: What’s likely to move the market
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    Thursday’s big stock stories: What’s likely to move the market

    franperez66q@protonmail.comBy franperez66q@protonmail.comMay 7, 2026No Comments5 Mins Read
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    Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 touched another record, and what’s on the radar for the next session. McDonald’s The “good food fast” restaurant chain giant reports Thursday morning. Results will be covered on ” Squawk Box ” with Becky Quick, Andrew Ross Sorkin and Joe Kernen. We’ll have a special report from CNBC’s Eunice Yoon in the 6 a.m. hour ET on how McDonald’s is faring in China. Shares have lost 13% in the past three months. The stock is down 17% from the early March high. MCD 3M mountain McDonald’s shares in the past three months Corning and Nvidia “Squawk Box” and CNBC TV’s Kristina Partsinevelos broke the big story Wednesday morning about Corning building three new factories to make optical technologies exclusively for Nvidia . Corning closed 12% higher on Wednesday. Shares were up 20% in the morning. The stock hit a new high before curtailing some of its gains. The stock has more than doubled so far in 2026. Nvidia was up almost 6% in the session. The stock is off 4% from the April high. On ” Mad Money ” with Jim Cramer Thursday we’ll hear from both CEOs: Nvidia’s Jensen Huang and Corning’s Wendell Weeks. Citigroup’s Jane Fraser The CEO of the banking giant will join ” Money Movers ” with Sara Eisen and Carl Quintanilla on Thursday at 11:30 a.m. Thursday is investor day for Citigroup . The stock have advanced 9% so far in 2026. The stock is down 5.6% from the April 21 high. C YTD mountain Citigroup in 2026 Big data The ADP private payrolls for April showed a gain of 109,000, topping the Street’s expectations. However, ADP chief economist Nela Richardson cautioned she’s seeing more low-paying, part-time jobs show up in that number. On Thursday, we’ll get jobless claims data at 8:30 a.m. with the “Squawk Box” team. Becky Quick, Andrew Ross Sorkin and Joe Kernen are on the case, and they will have the data and immediate market reaction. The Dow Jones consensus estimate for initial jobless claims is 206,000. The big jobs report for April comes out on Friday morning. It’ll also be on “Squawk Box.” Prediction market Kalshi shows 67% of bettors believe the number will be above 60,000 jobs created. Some 57% see the number being above 80,000, while 39% are calling for more than 100,000 jobs. Finally, 23% put money down saying the number will be above 120,000 jobs. For a lot more on prediction markets go to https://www.cnbc.com/prediction-markets/ . Block reports after the bell The payment services stock has gained 26.5% in the past three months. Block shares are down 14% from the August high. Back in February, CEO Jack Dorsey announced he was going to fire about half the staff, saying he could do better with artificial intelligence. In a post on social media platform X — the company he started and was originally called Twitter — Dorsey wrote, “We’re already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company.” He called it “one of the hardest decisions in the history of the company,” possibly making some wonder, what could have been more difficult? The stock has jumped 36% since the announcement in late February. We’ll have details on the company’s earnings and immediate stock reaction Thursday in the 4 p.m. hour. XYZ 3M mountain Block shares in the past three months CoreWeave The AI cloud company based in the Garden State reports after the bell. CoreWeave shares have gained 53% in the past three months. The stock is down 26% from the June high. CNBC TV’s Kristina Partsinevelos will have the numbers and stock reaction in the 4 p.m. hour. Consumer expectations Get a read on the Great American Consumer when the New York Federal Reserve releases consumer expectations data at 11a.m. The State Street SPDR S & P Retail ETF (XRT) has risen 4% in a month, but it’s fallen more than 2% since the start of the Iran war when gasoline prices began to rise. The ETF is 7% from the January high. The S & P Consumer Discretionary Sector has gained 13.7% in a month. It has gained 7.4% since the war started. The S & P Consumer Staples Sector has added nearly 2% in a month. It has lost 5% since the war began. Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds – from financial professionals to everyday individuals – come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you’re starting from, you’ll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code.



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