Tuesday, May 5, 2026

Good Morning! On this date in 1862, Mexican troops defeated a superior French army at the Battle of Puebla, inspiring the annual Cinco de Mayo holiday that we celebrate today, though perhaps now more in thanks for the margaritas than the military victory.

A bakery truck driver in New Jersey was happily cruising along on Sunday, singing along to a tune, when a plane coming in for a landing smacked his truck. You can see the dashcam video in Et Cetera below.

The stock market has been on a tear as of late. Both the S&P 500 and Nasdaq both closed at fresh all-time highs last Friday, and the Dow is climbing back toward 50,000. Yesterday was down a bit, but the market has been rallying. What's actually driving it? Is it Big Tech earnings? The AI buildout? Hopes that the war in Iran ends soon? On today's episode of The Flyover Podcast, host Ayla Brown breaks down the three forces behind Wall Street's record run and what investors are watching next. Tune in!

Today’s sponsor, Miso Robotics, is developing next-generation AI-powered kitchen robots—backed by NVIDIA and already used by major brands—to transform the massive fast-food industry with faster, more efficient automation

US Sinks 6 Iranian Boats in Hormuz

The U.S. military sank at least six Iranian small boats in the Strait of Hormuz on Monday after Iran launched cruise missiles, drones, and sent small boats at U.S. Navy ships and commercial vessels.

The flare-up came as President Trump kicked off Project Freedom, a new initiative to guide hundreds of stranded commercial ships out of the Persian Gulf.

Two U.S.-flagged merchant vessels successfully transited the strait on Monday, but a United Arab Emirates-owned tanker was hit by Iranian drones, and a South Korean cargo ship was also targeted.

Trump said Iran's small boats are "all they have left" and called on South Korea to join the mission after one of its cargo ships was hit. The UAE moved schools to remote learning through Friday over safety concerns.

GameStop Makes $56B Play for eBay

Video game retailer GameStop made an unsolicited $56 billion offer to acquire eBay on Sunday, despite being roughly a quarter the size of the e-commerce platform it wants to buy.

GameStop CEO Ryan Cohen pitched the deal as a path to turn eBay into a "legit competitor" to Amazon, arguing the platform is "under-earning" and saying he could strip $2 billion in annual costs by cutting eBay's marketing budget.

Interviews with Cohen on Monday didn't clarify the specifics of the deal. Pressed repeatedly on how a company with $9.4 billion in cash plans to fund a $56 billion deal, he kept telling confused TV reporters that the details were "on our website."

The cash-and-stock bid offers $125 a share, a 20% premium to Friday's close. eBay shares jumped 5% on the news. GameStop's stock fell nearly 10% as investors questioned whether the math actually works.

Google, White House Launch America 250 Site

The National Archives, White House Task Force 250, and Google Arts & Culture launched a sprawling new online exhibit Monday called Making of the Nation, billed as the digital front door to America's 250th birthday celebration this summer.

The hybrid experience uses AI, interactive storytelling, and 3D digital galleries to bring founding-era documents and artifacts to life. A virtual Founders Museum lets visitors explore Benjamin Franklin's electrical experiments, George Washington's dentures and inaugural suit, and stories from battles like Valley Forge.

The Archives also partnered with Google's NotebookLM to bring some of the archives' 180,000+ documents to life as interactive experience, including personal letters from the Founding Fathers. Visitors can step inside the project at artsandculture.google.com.

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The following stories are featured exclusively on The Flyover Podcast—a daily show that gives you the most important headlines in under 15 minutes. Clicking the links will take you directly to these stories:

➤ The S&P 500 and Nasdaq just hit all-time highs. So what's actually driving Wall Street's record run? (Hear Details)

➤ A suspected hantavirus outbreak has killed three aboard a cruise ship now stranded off the coast of Africa. (Hear Episode)

➤ You won't believe how expensive tickets to last night's Met Gala were. (Listen Now)

➤ Secret Service officers shot an armed man near the White House on Monday after he pulled a weapon and fired at them. The White House was briefly locked down. (More)

➤ The Supreme Court temporarily restored mail and telehealth access to the abortion pill mifepristone, pausing a 5th Circuit ruling that required in-person dispensing. (More)

➤ Gov. Ron DeSantis signed Florida's redrawn congressional map into law, a move that could flip as many as four House seats to Republicans ahead of the midterms. (More)

➤The Justice Department sued Minnesota over the state's climate lawsuit targeting energy companies, arguing it improperly overrides federal authority over domestic energy development. (More)

Flying together with our sponsor

“One of the Largest Industries Ever”

That’s what NVIDIA CEO Jensen Huang said about robots. And he’s not alone. High-profile financial expert Ark Invest valued the industry at a massive $24 trillion.

So it’s a very big deal that NVIDIA hand-picked Miso Robotics to help perfect the next generation of restaurant-kitchen robots.

Miso’s Flippy Fry Station AI robot already has 200K+ hours in live kitchens for brands like White Castle. And now, with NVIDIA’s collaboration, Flippy is even performing up to 35% faster.

The sheer size of the $1 trillion fast-food industry unlocks significant potential. For Flippy alone, 100,000+ U.S. fast-food locations could be customers. That’s a $4B annual revenue opportunity in the US alone.

And Flippy is just one piece of Miso’s platform. Big-name brands like Jersey Mike’s and Cinnabon just became customers. Industry powerhouse Ecolab already invested. Join them as a Miso shareholder today to unlock up to 7% bonus stock. But don’t wait, these bonus stock terms change in just a few days on May 7 at midnight Pacific time.

➤ The Savannah Bananas baseball team drew 102,000 fans to Texas A&M's Kyle Field this weekend, shattering their previous attendance records. (More)

➤ Jannik Sinner beat Alexander Zverev to win the Madrid Open this weekend, making him the first men's tennis player to win five consecutive Masters 1000 titles. (More)

➤ Cameron Young went wire-to-wire to win the Cadillac Championship by six shots over world No. 1 Scottie Scheffler. He’s the first player since Tiger Woods to win both The Players Championship and Doral in the same season. (More)

➤ Boston Celtics forward Jaylen Brown accused NBA referees of having an "agenda" against him during their first-round loss to the Philadelphia 76ers. (More)

Daily Market Report 05/04/2026

▼	NASDAQ National Association of Securities Dealers Automated Quotations	25,067.80	-0.19%
▼	SPX S&P 500	7,200.79	-0.41%
▼	DJI Dow Jones Industrial Average	48,941.90	-1.13%
▲	BTC Bitcoin	$79,972.55	1.83%
▼	GOLD Per Ounce	$4,529.20	-2.17%
▼	SILVER Per Ounce	$73.34	-3.44%
▲	OIL West Texas Intermediate Crude	$105.19	3.19%
▲	GBTG Global Business Travel Group	$9.33	+57.29%

Bitcoin, gold, silver, and oil are traded 24 hours a day.

➤ Big Stock Move: Shares of American Express’ Global Business Travel Group soared over 57% Monday on news that Long Lake Management is acquiring the company in a $6.3 billion deal. (More)

➤ Amazon announced it was opening its full logistics network to any business needing shipping services, directly challenging UPS and FedEx, whose stocks each fell more than 9%. (More)

➤ Meta is back in a New Mexico courtroom for phase two of its child safety trial, in which a judge could declare the company a public nuisance and force it to spend billions fixing its apps. (More)

➤ Ask.com, a pioneering search engine once known as Ask Jeeves, officially shut down after nearly 30 years as parent company IAC exits the search business. (More)

Flying together with our sponsor

Jeff Bezos's $100B Bet on Robots Could Be Too Late

When Amazon’s Jeff Bezos commits $100B to AI robots, it tells you something: the smart money sees robots as inevitable… and lucrative.

But here's what most people will miss. A company called Miso Robotics isn’t waiting for Bezos to build the future. They're already in it.

Miso’s AI and robots are becoming fixtures across the $1T fast-food industry. White Castle, Jersey Mike’s, Cinnabon, and even Häagen-Dazs already use Miso’s tech to help overcome the 144% annual industry labor turnover rate.

Miso’s Flippy Fry Station AI robot alone has $4B/year US revenue potential. And it’s only one piece of Miso’s platform.

Unfortunately, Bezos' fund is reserved for institutional giants. But Miso isn't. You can invest today and earn up to 7% in free bonus stock. But hurry! Invest before Miso’s bonus stock offer changes Thursday at midnight Pacific time.

This is a paid advertisement for Miso Robotics’ Regulation A offering. Please read the offering circular at invest.misorobotics.com

➤ Astronomers think they've spotted a thin atmosphere around a tiny icy world beyond Pluto, just 300 miles across, making it the smallest object in our solar system known to have one. (See Discovery)

➤ AI-powered cameras are increasingly being used to spot wildfires in the rural West before any human can. Arizona Public Service says its system alerts them about 45 minutes faster on average than the first 911 call, and one Pano AI network detected 725 wildfires last year. (See How)

➤ Banning cellphones in schools had "consistently close to zero" effect on student test scores, according to a new study that tracked data from more than 40,000 schools between 2019 and 2026. Researchers also found little impact on attendance, classroom attention, or online bullying. (See Study)

Flying together with our sponsor

➤ Why Eye Drops Are Making Your Dry Eyes Worse. Millions of people over 40 use drops that wear off in minutes without fixing the problem. A study found a vitamin and omega-3 combo kept eyes hydrated 33% longer and cut dryness in half—by rebuilding the tear film from within. Learn More

Travel Tuesday is brought to you by:

➤ Spirit Airlines fans aren't ready to let the budget carrier go. A grassroots viral campaign called "Let's Buy Spirit" has collected more than $88 million in non-binding pledges from over 124,000 people who want to revive the airline as a community-owned, Packers-style operation. (See Details)

➤ Italy's Amalfi Coast is choking on its own popularity. Locals in Positano say they can't leave their own homes during peak hours as cruise passengers and day-trippers jam the narrow streets to a standstill. (See Crowds)

➤ Picking the wrong plane seat can wreck a long flight before you even take off. Travel experts broke down the most common seat-selection mistakes that fliers make, and a few of them might surprise you. (See Tips)

Flying together with our sponsor

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➤ A bakery truck driver in New Jersey was cruising down the Turnpike Sunday when a United Airlines plane landing at Newark Airport clipped his truck. The driver sustained only minor cuts, and all 221 passengers landed safely. (See Video)

➤ Cinco de Mayo is today, a Taco Tuesday, and restaurants across the country are running deals to mark the occasion, from $5 margaritas at Chili's to free chips and guac at Chipotle to two tacos for 75 cents at Jack in the Box. (See Deals)

➤ A 2,000-pound Steller sea lion nicknamed "Chonkers" has hauled himself onto Pier 39 in San Francisco and is drawing crowds from across the country. The species is normally found in the colder waters of Alaska and the Pacific Northwest, making the Bay Area appearance a rare sight. (See Sea Lion)

Flying together with our sponsor