The S&P 500 climbed 0.81% to 7,259.22, the Nasdaq Composite rose 1.03% to 25,326.13, and the Dow Jones Industrial Average advanced 0.73% to 49,298.25, as retreating oil prices propelled the major benchmarks to record highs. A rally in semiconductor stocks led the market higher, with Micron (MU) surging nearly 11% following the launch of its new high-capacity SSDs, which began shipping today. Advanced Micro Devices (AMD) gained after reporting strong first-quarter earnings, while Intel (INTC) reached an all-time high amid reports that Apple might select the company as a chip supplier. Conversely, Palantir (PLTR) fell more than 7% despite surpassing earnings expectations, and Shopify (SHOP) plummeted following disappointing first-quarter results. Iren (IREN) finished at $54.74, a gain of 10.63%, after announcing it will acquire Mirantis to bolster its AI cloud and Kubernetes capabilities. Cipher Mining (CIFR) closed at $22.1, soaring 23.53%, after first-quarter results detailed a shift toward hyperscale-ready AI/HPC data centers, backed by a new $200 million credit facility. Iranian Foreign Minister Abbas Araghchi is scheduled to arrive in China on May 6 for talks with Wang Yi. The U.S. Secretary of Defense stated that "Project Liberty