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Stock Market Today, May 5: Stocks Rebound as U.S.-Iran Truce Holds

Yahoo2026.05.05Source: Yahoo

Today, May 5, 2026, Micron’s jump on high-capacity SSD demand helped power a broader chip-led advance in U.S. stocks.

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US Equity Indexes Advance, Crude Oil Drops as Rubio Says Combat Operation Against Iran 'Over'

Yahoo2026.05.05

US equity indexes rose on Tuesday as crude oil futures fell after the United Arab Emirates reported

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Elon Musk Says Humanity Cannot Be Multiplanetary Without Reusable Rockets, Draws Parallel To US Colonization

Yahoo2026.05.05

SpaceX CEO Elon Musk on Sunday said that the importance of reusable rockets was crucial for humans to become a multiplanetary civilization amid the billionaire’s Mars colonization goals. Cannot Become Multiplanetary Without Reusable Rockets Responding to a post by Tesla Owners Silicon Valley, which shared that SpaceX had reduced costs per kg to orbit by 500x from approximately “$54,500 (Shuttle era) to ~$1,500.” Everyone obsesses over Starship's height and thrust.The number that actually matters

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Apple settles lawsuit over late Siri AI features for $250 million

Yahoo2026.05.05

Apple on Tuesday settled for $250 million a shareholder lawsuit ‌brought after the company delayed artificial-intelligence upgrades to ‌its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference ‌in 2024, saying ⁠they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come until this year, and executives have now confirmed that the ‌new Siri features will be unveiled at Apple's annual developer conference next month.