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Nvidia-Corning Deal Boosts Stock; Markets Hit Records, Trump Warns Iran

5/7/2026

32 3 Full Breakdown

Summary

Story summary

Nvidia agreed with Corning to buy 15 million shares at $180 each and a warrant for up to 3 million shares costing $500 million.
Corning stock rose over 10 % to about $183, making the warrant immediately in the money.
CNBC Investing Club with Jim Cramer said the S&P 500 and Nasdaq each set new records.
U.S. President Donald Trump warned bombing could resume intensity as the United States and Iran neared a deal.

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Story summary

Nvidia agreed with Corning to buy 15 million shares at $180 each and a warrant for up to 3 million shares costing $500 million.
Corning stock rose over 10 % to about $183, making the warrant immediately in the money.
CNBC Investing Club with Jim Cramer said the S&P 500 and Nasdaq each set new records.
U.S. President Donald Trump warned bombing could resume intensity as the United States and Iran neared a deal.