Wall Street's scorching rally off its wartime lows back to new highs faces a big test this week: a jam-packed earnings calendar. The list of companies reporting stretches from linchpins of the AI trade like Club name GE Vernova to battleground software stocks such as ServiceNow to companies with their pulse on the industrial economy like steelmaker Cleveland-Cliffs and copper miner Freeport-McMoRa...
Wall Street's scorching rally off its wartime lows back to new highs faces a big test this week: a jam-packed earnings calendar. The list of companies reporting stretches from linchpins of the AI trade like Club name GE Vernova to battleground software stocks such as ServiceNow to companies with their pulse on the industrial economy like steelmaker Cleveland-Cliffs and copper miner Freeport-McMoRan . Don't forget Intel , which is at the center of the AI compute shortage, or Elon Musk's Tesla . Both of those reports are always talkers. The market will look to these earnings reports for insights into what the Iran war meant for businesses and economic activity over the past six-plus weeks. But, just as important, investors want to understand the outlook from here. Over the weekend, Iran re-closed the Strait of Hormuz after a brief reopening that sent stocks soaring on Friday. President Donald Trump , while again threatening infrastructure bombing, said Sunday he dispatched U.S. negotiators to Pakistan for talks with Iranian officials on Monday. Stocks held up better than expected during the Iran war sell-off, which bottomed on March 30 , in large part because investors were betting that many companies could still grow earnings this year. That's why this earnings season carries such weight. As quarterly results and forward guidance from management teams continue rolling in, we will find out whether that was the right bet to make. In a busy week ahead, the one thing that should matter most to us is the six Club names reporting. Here's a closer look at what we're watching (all revenue and earnings-per-share estimates are from LSEG). Capital One kicks off the action Tuesday night. This report can essentially be broken up into buckets. The first is everything related to the health of the consumer. That includes Capital One's credit metrics, such as its net charge-off rate and reserve builds to cover potential loan defaults. It also includes CEO Richard Fairbank's general c...
The children, aged from one to 14 years old, were killed in a shooting in Shreveport, Louisiana, which police are describing as a "domestic disturbance".
The children, aged from one to 14 years old, were killed in a shooting in Shreveport, Louisiana, which police are describing as a "domestic disturbance".
bjdlzx/E+ via Getty Images Morgan Stanley looks at the differences between the current global oil ( USO ) ( BNO ) ( CL1:COM ) ( CO1:COM ) shock and the one triggered by Iraq's invasion of Kuwait. (H/T to SA analyst Mike Zaccardi .) Morgan Stanley More on United States Oil Fund LP ETF, United States Brent Oil Fund LP ETF Macro Insights: The 'Spoils Of The Iran War' Hidden In The Market Energy Marke...
bjdlzx/E+ via Getty Images Morgan Stanley looks at the differences between the current global oil ( USO ) ( BNO ) ( CL1:COM ) ( CO1:COM ) shock and the one triggered by Iraq's invasion of Kuwait. (H/T to SA analyst Mike Zaccardi .) Morgan Stanley More on United States Oil Fund LP ETF, United States Brent Oil Fund LP ETF Macro Insights: The 'Spoils Of The Iran War' Hidden In The Market Energy Market Outlook Hinges On The Middle East Iran: A Game Theory Analysis Of The Hormuz Siege Trump threatens again to blow up all Iran's bridges and power plants U.S. renews waiver on Russian oil sanctions
ozgurdonmaz/E+ via Getty Images A ceasefire between the U.S. and Iran earlier this month has helped revive the “TINA” trade, short for “There Is No Alternative,” as investors return to U.S. equities on expectations of stronger earnings growth and greater economic resilience, Reuters reported Sunday. Wall Street has climbed to fresh highs since President Donald Trump announced the ceasefire on Apri...
ozgurdonmaz/E+ via Getty Images A ceasefire between the U.S. and Iran earlier this month has helped revive the “TINA” trade, short for “There Is No Alternative,” as investors return to U.S. equities on expectations of stronger earnings growth and greater economic resilience, Reuters reported Sunday. Wall Street has climbed to fresh highs since President Donald Trump announced the ceasefire on April 7. According to LSEG/Lipper data, global investors have poured a net $28 billion into U.S. stocks since then, with nearly $23 billion coming from domestic investors. Before the ceasefire, investors had withdrawn a net $56 billion from U.S. equities this year. The rebound reflects confidence that the U.S. economy is better positioned than Europe or parts of Asia to absorb higher energy prices, aided by America’s status as a net energy exporter. Michael Browne of Franklin Templeton said investors are gravitating back to the market with the strongest long-term performance and best near-term results. Recent earnings forecasts have also supported the shift. First-quarter profit growth for S&P 500 companies is projected at nearly 14%, compared with about 4.2% for European firms, largely driven there by oil and gas companies. Some money managers are already reducing overweight positions in Europe in favor of the U.S., while fund flows show recent outflows from South Korea and European stock funds. The S&P 500 ( SP500 ) has now risen more than 10% in just 11 trading sessions, one of the fastest rallies of this century, according to Deutsche Bank strategist Jim Reid. More on S&P 500 Index, NASDAQ Composite Index, etc. The Trade Driving The S&P 500 Higher May Not Last The Year's Most Positive Signal Rallies Markets, But Iran Risk Favors Select Sectors S&P 500 Snapshot: The 7,000 Era Begins Amid Triple Record Highs Markets keep shrugging at crisis risks as faith in bailouts grows: NYT BlackRock turns more cautious on Europe as energy shock dulls market appeal
The artificial intelligence (AI) boom isn't just about chips and chatbots. The boom should share some love with the hidden machinery making it all possible. Beneath the marquee AI stock names, a group of under-the-radar companies is quietly building the backbone of tomorrow's digital economy. From circuit boards to fiber networks, these are the pick-and-shovel players powering AI's expansion , and...
The artificial intelligence (AI) boom isn't just about chips and chatbots. The boom should share some love with the hidden machinery making it all possible. Beneath the marquee AI stock names, a group of under-the-radar companies is quietly building the backbone of tomorrow's digital economy. From circuit boards to fiber networks, these are the pick-and-shovel players powering AI's expansion , and they are where the real opportunity lies for your portfolio. Image source: Getty Images. Continue reading
Markets face an interesting week following conflicting signals about Strait of Hormuz access as Iran's Foreign Minister announced Friday the waterway was "completely open" citing an Israel-Lebanon ceasefire
Markets face an interesting week following conflicting signals about Strait of Hormuz access as Iran's Foreign Minister announced Friday the waterway was "completely open" citing an Israel-Lebanon ceasefire
Suspect was fatally shot, Shreveport police say, after children ranging from 18 months to 14 years were killed Sign up for the Breaking News US email to get newsletter alerts in your inbox At least eight people are dead and others are wounded after a mass murder reported in the Louisiana city of Shreveport, according to local police . Police said that among the victims were children ranging in age...
Suspect was fatally shot, Shreveport police say, after children ranging from 18 months to 14 years were killed Sign up for the Breaking News US email to get newsletter alerts in your inbox At least eight people are dead and others are wounded after a mass murder reported in the Louisiana city of Shreveport, according to local police . Police said that among the victims were children ranging in age from 18 months to 14 years. Two other women were reportedly shot in the head but survived – and a third person, described as a young boy, was injured while jumping from a roof. Continue reading...
A gunman in Louisiana killed eight children in domestic-related shootings at different homes early on Sunday, police in Shreveport said. The victims ranged in age from one to about 14 years old, said Shreveport police spokesman Chris Bordelon. A total of 10 people were shot. The gunman later died after a chase with officers who fired at the suspect, Bordelon said. The suspect stole a car while lea...
A gunman in Louisiana killed eight children in domestic-related shootings at different homes early on Sunday, police in Shreveport said. The victims ranged in age from one to about 14 years old, said Shreveport police spokesman Chris Bordelon. A total of 10 people were shot. The gunman later died after a chase with officers who fired at the suspect, Bordelon said. The suspect stole a car while leaving the scene of the shootings and was followed by police, according to Bordelon. Officials said...
Short-Covering Rally... Or Something More? Authored by Lance Roberts via RealInvestmentAdvice.com, ▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42 What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 i...
Short-Covering Rally... Or Something More? Authored by Lance Roberts via RealInvestmentAdvice.com, ▶ WEEK CLOSE: S&P 500 7,126.06 (+1.2%) | Nasdaq 13-Day Win Streak (longest since 1992) | Russell 2000 New ATH | Brent Crude -9.1% | VIX 17.42 What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait of Hormuz “completely open.” Brent crude collapsed 9.1%. The Russell 2000 logged a new all-time high. The short-covering rally that skeptics said would exhaust itself in days has now run for three weeks and taken every major index to record territory. The question every investor is asking right now isn’t whether to believe in the rally. The price action is undeniable, but the question is what kind of rally this actually is, and what investors who missed the initial short-covering rally should do about it. The answer, as of Friday’s close, has shifted meaningfully. This no longer looks like a purely mechanical short-covering rally. The data is starting to point to something more durable. Here’s why that distinction matters, and what it means for your portfolio. As we discussed in the #DailyMarketCommentary this past week, the recent price action felt like a release valve being pulled. Goldman’s prime brokerage flows guru, Lee Coppersmith, described a clear pivot toward risk-on, noting that sentiment has shifted toward FOMO among investors who dumped positions amid peak AI disruption fears and rising Middle East tensions. That pivot makes sense from a mechanics standpoint. Short exposure across U.S. macro products, index futures, and ETFs had climbed to the 93rd percentile over the past five years, with hedge fund gross exposure near an all-time high of 307%. When the Iran ceasefire headlines crossed, that position...
Former Little Mix singer offers £10,000 reward for information about Land Rover taken from Essex driveway The musician Jesy Nelson, a former member of the band Little Mix, has pleaded for help after her car, which contained essential medical equipment for her children, was stolen from her driveway in Essex. The black Land Rover is believed to have been taken at about 3am on Sunday in Brentwood. Co...
Former Little Mix singer offers £10,000 reward for information about Land Rover taken from Essex driveway The musician Jesy Nelson, a former member of the band Little Mix, has pleaded for help after her car, which contained essential medical equipment for her children, was stolen from her driveway in Essex. The black Land Rover is believed to have been taken at about 3am on Sunday in Brentwood. Continue reading...
Lemonade (NYSE: LMND) stock has seen a resurgence lately after several years of disappointing returns for shareholders, but it dropped after its last earnings report on Feb. 19. But the next report will be released later this month, and the company has a chance to redeem itself. Here's what investors should focus on when the innovative insurance company reports fiscal 2026 Q1 earnings on April 29....
Lemonade (NYSE: LMND) stock has seen a resurgence lately after several years of disappointing returns for shareholders, but it dropped after its last earnings report on Feb. 19. But the next report will be released later this month, and the company has a chance to redeem itself. Here's what investors should focus on when the innovative insurance company reports fiscal 2026 Q1 earnings on April 29. Image source: The Motley Fool. Continue reading