The Daily

Rackspace Technology (NASDAQ:RXT), a provider of end-to-end multi-cloud technology services, closed at $5.49, up 55.97%. Shares surged after the company announced an AI cloud infrastructure partnership with AMD focused on governed enterprise AI for regulated customers, and investors are watching how this collaboration could drive future demand.

The S&P 500 (^GSPC +0.84%) rose 0.76% to 7,392.56, the Nasdaq Composite (^IXIC +1.71%) jumped 1.71% to a record 26,247.08, and the Dow Jones Industrial Average (^DJI +0.02%) inched up 0.02% to 49,609.16 as strong jobs data and AI leaders drove gains.

So far this year, the energy sector has been the stock market’s best-performing sector, and it hasn’t been close. While investors greatly appreciate the recent gains, long-term returns ultimately matter more.

If you’re looking for an energy stock you can hold for the next decade, look no further than oil and gas giant Chevron (CVX 0.48%).

• Tesla (TSLA) shares have demonstrated a significant technical turnaround, reclaiming the psychological $400 level on strong relative volume.

• The stock currently maintains a “Moderate Buy” consensus among analysts, but the chart’s breakout from its March base suggests even stronger near-term momentum than that grade implies.

TORONTO, May 08, 2026–(BUSINESS WIRE)–Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of two new YIELD MAXIMIZER™ ETFs: Hamilton Canadian Equity YIELD MAXIMIZER™ ETF (“CMAX”) and Hamilton International Equity YIELD MAXIMIZER™ ETF (“IMAX”;