Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq fut...
Futures Slide, Oil Jumps After US Attacks Kharg Island Ahead Of Trump's 8pm Iran Deadline US futures reversed earlier gains and oil advanced following reports that Iran's Kharg island was targeted earlier on Tuesday, while the market was largely paralyzed ahead of Trump’s 8pm ET deadline for Iran to agree to a ceasefire or face escalation. As of 8:00am ET, S&P futures are down 0.4%, and Nasdaq futures slide 0.6%. In premarket trading, all Mag7 names are lower even as AVGO (+3% pre-mkt) is bid after a TPU supply pact with GOOGL (+55bps) while ASML (-80bps) is weaker following a proposed US law that would further curb semiconductor exports to China (targeting ASML’s deep ultraviolet lithography machine ). Managed care is well bid after the final Medicare Advantage rate of +2.48% (vs ~1% bogey) was released last night (HUM +9%, CVS +7%, UNH +6%, ALHC +11%). Bond yields rise 1bp, 10Y TSY yield at 4.34%, the USD is also higher while commodities are mixed with oil reversing earlier losses and rising over 2%. Today’s macro data focus is weekly ADP, Durable / Cap Goods, and NY Fed 1-year Inflation Expectations. Ultimately, expect weaker volumes today with some market swings on unconfirmed ceasefire / deal chatter. In premarket trading, Mag 7 stocks are all lower (Alphabet -0.06%, Amazon -0.4%, Meta -0.6%, Microsoft -0.4%, Tesla -1.3%, Nvidia -1.2%, Apple -1%) Managed care companies including Humana gain after the Centers for Medicare & Medicaid Services finalized a 2.48% rate hike for health insurers in 2027. Investors see the pay boost as a meaningful improvement over the initial rates the agency proposed in January. Humana (HUM) rises 9% and CVS Health gains 6%. Broadcom (AVGO) rises 3% after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations. Estée Lauder (EL) slips 1% after Spanish newspaper Expansion reported th...
tupungato/iStock Editorial via Getty Images Microsoft Corporation ( MSFT ) shares are going through one of their worst selloffs in recent memory, down 31% over the past six months. For a company with a perfect track record and seemingly impeccable fundamentals, the natural response from investors is to assume a V-shaped recovery is just a matter of time. However, I argue that investors shouldn't t...
tupungato/iStock Editorial via Getty Images Microsoft Corporation ( MSFT ) shares are going through one of their worst selloffs in recent memory, down 31% over the past six months. For a company with a perfect track record and seemingly impeccable fundamentals, the natural response from investors is to assume a V-shaped recovery is just a matter of time. However, I argue that investors shouldn't take such a recovery for granted, as Microsoft is facing significant challenges in its most important business lines. As Anthropic ( ANTHRO ) surpasses a $30 billion run rate , Microsoft investors should realize it won't close the gap so easily, which is why I'm downgrading the stock. On Surface, Microsoft Fundamentals Remain Impeccable In the December quarter, Microsoft delivered strong results , with 15% revenue growth, relatively stable gross margins, and strong operating margin expansion. Microsoft Q2'26 Presentation On the product level, we saw deceleration across most critical product lines, including 365 commercial and Azure: Created by the author based on Microsoft reports. Overall, Microsoft did deliver a beat , but investors saw through the headline numbers and identified the significant challenges Microsoft is currently going through. Microsoft's Facing Significant Challenges The same has been true for several decades—Microsoft doesn't necessarily have the best solution for every enterprise need, but because of its reliability and unparalleled distribution, Microsoft's "good enough" solutions always won. This time, it might be different. Losing The Enterprise AI Market What we're seeing is that Anthropic's enterprise business has grown at the fastest pace in history, as ARR more than tripled in the span of four months. Meanwhile, Microsoft's AI solutions are essentially unused . Microsoft Q2'26 Presentation Indeed, Microsoft's enterprise 365 business has seen slowing revenues and seat growth, despite significant price increases over the past quarters. The truth is...
tupungato/iStock Editorial via Getty Images Microsoft Corporation ( MSFT ) shares are going through one of their worst selloffs in recent memory, down 31% over the past six months. For a company with a perfect track record and seemingly impeccable fundamentals, the natural response from investors is to assume a V-shaped recovery is just a matter of time. However, I argue that investors shouldn't t...
tupungato/iStock Editorial via Getty Images Microsoft Corporation ( MSFT ) shares are going through one of their worst selloffs in recent memory, down 31% over the past six months. For a company with a perfect track record and seemingly impeccable fundamentals, the natural response from investors is to assume a V-shaped recovery is just a matter of time. However, I argue that investors shouldn't take such a recovery for granted, as Microsoft is facing significant challenges in its most important business lines. As Anthropic ( ANTHRO ) surpasses a $30 billion run rate , Microsoft investors should realize it won't close the gap so easily, which is why I'm downgrading the stock. On Surface, Microsoft Fundamentals Remain Impeccable In the December quarter, Microsoft delivered strong results , with 15% revenue growth, relatively stable gross margins, and strong operating margin expansion. Microsoft Q2'26 Presentation On the product level, we saw deceleration across most critical product lines, including 365 commercial and Azure: Created by the author based on Microsoft reports. Overall, Microsoft did deliver a beat , but investors saw through the headline numbers and identified the significant challenges Microsoft is currently going through. Microsoft's Facing Significant Challenges The same has been true for several decades—Microsoft doesn't necessarily have the best solution for every enterprise need, but because of its reliability and unparalleled distribution, Microsoft's "good enough" solutions always won. This time, it might be different. Losing The Enterprise AI Market What we're seeing is that Anthropic's enterprise business has grown at the fastest pace in history, as ARR more than tripled in the span of four months. Meanwhile, Microsoft's AI solutions are essentially unused . Microsoft Q2'26 Presentation Indeed, Microsoft's enterprise 365 business has seen slowing revenues and seat growth, despite significant price increases over the past quarters. The truth is...
It might have made a good April Fool’s joke. Unfortunately, it was not. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F***in’ Strait, you crazy b*****ds, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP.” Really, who writes like that? Even a tinpot dictator from some godforsaken hel...
It might have made a good April Fool’s joke. Unfortunately, it was not. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F***in’ Strait, you crazy b*****ds, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP.” Really, who writes like that? Even a tinpot dictator from some godforsaken hellhole would have written a less expletive-laden post to retain some personal dignity as a leader of...
Chinese vehicles may not be for sale in the U.S. yet, but they’re already getting positive reviews. “Other automakers should be paying attention,” said a vehicle-test editor at Edmunds.
Chinese vehicles may not be for sale in the U.S. yet, but they’re already getting positive reviews. “Other automakers should be paying attention,” said a vehicle-test editor at Edmunds.
SIS, LLC, a Microsoft business solutions provider of ERP and CRM software for project and service-driven industries, today announced that Beasley Group has chosen Microsoft Dynamics 365 integrated with the Project Cost Management module from the SIS Construct 365 solution suite. This strategic implementation highlights Beasley Group's dedication to enhancing operational efficiency and financial ov...
SIS, LLC, a Microsoft business solutions provider of ERP and CRM software for project and service-driven industries, today announced that Beasley Group has chosen Microsoft Dynamics 365 integrated with the Project Cost Management module from the SIS Construct 365 solution suite. This strategic implementation highlights Beasley Group's dedication to enhancing operational efficiency and financial oversight in the competitive forest products sector.
Tel Aviv, Israel--(Newsfile Corp. - April 7, 2026) - Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a global leader in onshore wave energy technology, today announced its wave energy production results for March 2026 at its EWP-EDF One pilot project located at Jaffa Port, Israel.During March 2026, the system operated continuously, with approximately six days experienc...
Tel Aviv, Israel--(Newsfile Corp. - April 7, 2026) - Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a global leader in onshore wave energy technology, today announced its wave energy production results for March 2026 at its EWP-EDF One pilot project located at Jaffa Port, Israel.During March 2026, the system operated continuously, with approximately six days experiencing moderate wave conditions in the range of 1 to 2 meters. During these days, the project generated
MP Materials (NYSE: MP) is a mining company with ambitions to become America's rare earth champion. For almost a decade, it has taken a formerly idle mine at Mountain Pass, California, and turned it into the only large-scale rare earth mining site in the United States. The final product of this mine, forged from the refined rare earth elements extracted from it, is a tiny but critical magnet that ...
MP Materials (NYSE: MP) is a mining company with ambitions to become America's rare earth champion. For almost a decade, it has taken a formerly idle mine at Mountain Pass, California, and turned it into the only large-scale rare earth mining site in the United States. The final product of this mine, forged from the refined rare earth elements extracted from it, is a tiny but critical magnet that keeps our modern world humming. Call them what you want -- the technical term is neodymium-iron-boron (NdFeB) magnets -- but they are found in everything from smartphones to electric vehicle (EV) motors to MRI machines. The sheer ubiquity of these magnets, coupled with the uncommon mine-to-magnet operation that defines MP's business, has made this rare-earth miner's stock an interesting play on the supply chain of homegrown metals. The mining stock , however, trades at nearly 1,430 times forward earnings and 37 times sales. It's not cheap, even after its share price nosedived about 50% from all-time highs last October. Continue reading