APR 30 2025

 Market Summary (Morning Update):

• Stock Futures Drop:

  • NASDAQ 100: -1.9%

  • Small Caps (IWM): -1.6%

  • S&P 500: -1.3%

  • Dow: Down <1%, supported by Caterpillar's strong earnings.

• Economic Data:

  • Q1 GDP (1st estimate): -0.3% (vs. expected +0.2%)

  • PCE Price Index: +3.6% (hotter than expected, raises stagflation fears)

  • ADP Jobs Report: 62,000 jobs added (vs. 125,000 expected)

  • Upcoming at 10 AM ET: Personal income & core PCE report

• Markets React:

  • 10-Year Treasury Yield: Rises to 4.21%

  • Crude Oil: Down 1%

  • Gold: Down 1%, near $3,300

• Notable Earnings:

  • Caterpillar (CAT): Revenue down 10%, but stock up 2%

  • Visa: Mixed; revenue and volumes up, $30B buyback announced

  • Booking (BKNG): Beats expectations, but stock down 3%

  • Stride (LRN): Up 2%, strong revenue/enrollment

  • Gene DX (WGS): Strong results, but stock falls premarket

  • Tradeweb (TW): EPS up 21%, stock down

  • Supermicro (SMCI): Weak guidance, dragging down AI stocks like NVIDIA (-4%)

  • Starbucks: Down 10%, big earnings miss, margins fall

  • Tesla: Down 4%, possibly due to Waymo–Toyota partnership news

• After-Hours Earnings to Watch:

  • Meta, Microsoft, Robinhood (HOOD), Sprouts (SFM), Wayfair (WAY)

APR 29 2025

 

Industrials / Defense / Trucks

• Defense & Military: Strong performance; profit up 96%, military revenue +73%. Anticipated boost from incoming government.

• Honeywell: Beat views; 8% revenue growth. Spinouts on track.

• Woodward (WWD): Beat views, raised guidance—strong Q1.

• PCAR: Missed EPS, beat revenue.

• ArcBest (ARCB): Underperforming.

• GM: Beat views, 2% revenue gain, froze buybacks, postponed call (tariff concerns).

💉 Healthcare & Biotech

• Pfizer: EPS beat, revenue miss, slightly weak full-year guidance.

• Regeneron: Missed due to weak ILEA sales.

• Repligen: Beat, 12% revenue gain.

• VIRNA: Small loss, big revenue beat—gapping up.

• Novo Nordisk (NVO): Expanding Wegovy via telehealth—boosting related firms (HIMS, LifeMD).

🏦 Financials

• Deutsche Bank: Net profit +39%, revenue +10%.

• Sofi: Beat views, revenue +33%, stock rising on raised guidance.

• Paypal: EPS miss, revenue beat.

• Shift4 Payments: EPS miss, revenue +40%.

• BRO (Brown & Brown): Sharp drop (–7%), broke 200-day. Aon also fell earlier.

👟 Consumer & Retail

• Adidas: Net income +155%. Plans to raise U.S. prices amid tariffs.

• Coca-Cola: Beat EPS, 2% rev gain; organic rev +6%. Reaffirmed EPS.

• Altria (MO): Slight EPS beat, revenue miss (–4%), cigarette sales –14%.

🚢 Travel & Leisure

• Royal Caribbean: EPS beat, revenue just missed; strong bookings.

• Hilton: EPS beat, revenue miss (+5%); stock slightly up.

• Upcoming Reports: Bookings, Visa, Stride (LRN), Snap, Garmin, TradeWeb, Caterpillar.

📦 Shipping & Logistics

• UPS: Beat views, rev –1%. Cutting 20,000 jobs due to Amazon shift; closing facilities.

💻 Tech & AI

• Corning (GLW): Beat EPS (+42%), revenue +13%. Guided up, but stock down—despite AI demand.

• Cadence Design: Beat EPS, in-line revenue. Raised 2025 outlook.

• F5 Networks (FFIV): Beat views, rev +7%. Stock down post-open.

• Treasury yields have fallen for four straight days, though ticking slightly higher today to 4.29%.

• Bitcoin (via iBit ETF) is flat after seven straight up sessions, trading around $93,500.

• Crude oil is flat around $63 a barrel; oil remains under pressure.

• Gold is edging higher, trading just over $3,300 an ounce, showing strength.

• XLE energy sector remains weak, still down after a 15% plunge in early April.

• Trade tensions with China remain a market uncertainty; Treasury Secretary Scott Bessant says it's up to China to deescalate.

• GDP data due Wednesday: expected Q1 growth of 0.2% (down sharply from 2.4% in Q4), raising concerns about an economic slowdown.

• Jobs data ahead: JOLTS, ADP, and Friday’s April jobs report (expected 130,000 job growth vs. 228,000 in March).

Company Highlights:

• Boeing is an early Dow leader; Jeffries and Bernstein raised price targets.

• Nvidia is down about 1%, amid reports that Huawei is developing a competing AI chip.

• Tesla rose nearly 10% Friday and is up another 1%, approaching its 200-day moving average (~$300).

• Domino’s Pizza beat profit expectations but fell slightly due to weaker Q1 U.S. same-store sales; international sales grew 3.7%.

• Progressive (PGR) upgraded to "buy" by Bank of America.

• On Holding (O-N-O-N) upgraded to "buy" by Citigroup, but still in a downtrend.

• Eli Lilly is down 1.5% after HSBC downgraded it to "reduce" on valuation concerns, despite strong performance following success with an obesity drug.

Upcoming Earnings:

• Tuesday: Brinker (Chili's parent) and Spotify (on the verge of breakout).

• Wednesday: GeneDx (WGS), Meta, Microsoft, Robinhood, Sprouts Farmers Market.

• Thursday: Big tech—Amazon and Apple report earnings.

 

April 24 Close

 Apr 24 close:

Index	Closing Value	Change	% Change
S&P 500	5,381.45	+5.40	+0.10%
Nasdaq Composite	16,776.65	+68.00	+0.41%
Dow Jones Industrial Average	39,446.29	–158.00	–0.40%

Stocks UP on ER

Company	Ticker	Sector	Notable Factors
Hasbro Inc.	HAS	Consumer Goods	Strong earnings report
ServiceNow Inc.	NOW	Technology	Positive guidance and earnings beat
Allegion plc	ALLE	Industrial	Robust quarterly performance

Stocks down on ER:

Company	Ticker	Price (USD)	Change (%)	Key Factors

Fiserv Inc.

FI

$176.90

–18.52%

Missed earnings expectations, leading to a significant drop in stock value.

TAL Education Group

TAL

$8.93

–17.9%

Faced regulatory pressures impacting the education sector in China.

AGM Group Holdings Inc.

AGMH

$0.0406

–30%

Experienced a sharp decline, possibly due to market volatility and low volume.

Azul S.A. (ADR)

AZUL

$1.165

–24.84%

Affected by rising fuel costs and currency fluctuations impacting operations.

Cumulus Media Inc.

CMLS

$0.21

–22.19%

Decline attributed to decreased advertising revenues in the media sector.

Apr 23 25

 

📈 Market Overview

• NASDAQ, S&P 500, and Dow Futures posted solid gains (+2% to +3%) on a follow-through rally day.

• Russell 2000 ETF (IWM) up 3%.

• Boosted by Treasury Secretary's comment on easing China trade tensions and Trump’s softer stance on tariffs.

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📉 Bond & Commodity Markets

• 10-year Treasury yield dropped 10 bps to 4.29%, breaking below its 50-day moving average.

• Crude oil down 0.6% to $63.25/barrel.

• Gold fell 2% (gold miners also weak), now near $33.50/oz.

• Bitcoin surged past $90K, up 2.5% pre-market.

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🧾 Key Stock Highlights

• Tesla: +7% pre-market. Earnings down 40%, revenue down 9%. Still below 50-day MA. Robo-taxi launch in June, energy storage revenue up 67%.

• Intuitive Surgical (ISRG): +5%. Beat Q1 estimates, raised full-year procedure growth guidance.

• Boston Scientific (BSX): +8%. Strong revenue growth, EPS guidance raised.

• Boeing: +7%. Revenue up 18%, seeking FAA production approval.

• Vertiv (VRT): +16%. Big rebound after AI sell-off, raised full-year guidance.

• AT&T: Flat after initially rising 2.5%. Subscriber growth beat estimates.

• Eli Lilly: +2%. Suing telehealth firms over Zepbound and Monjaro.

• Kava: +7%. Upgraded by Bernstein.

• Duolingo: +4.5%. Up again after Morgan Stanley overweight rating.

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🔜 Earnings After the Close

• Chipotle, IBM, Lam Research, Newmont Mining, Penumbra, ServiceNow to report.

Apr-22-2025

 

Markets & Economy

• Stock Futures: Rebounding after yesterday’s dip.

  • NASDAQ 100 up ~1.2%

  • S&P 500, Dow, Russell 2000 all up ~1.1–1.2%

• 10-Year Treasury Yield: Down slightly after a recent rebound.

• U.S. Dollar: Slightly up after hitting a 3-year low.

• Bitcoin: Rising, trading more like gold or a dollar rival lately.

• IMF Cuts Growth Forecast:

  • U.S.: From 2.7% to 1.8%

  • Global: From 3.5% to 2.8%

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Macroeconomic & Trade News

• Richmond Fed Manufacturing Index: Expected at -5 (vs. -4 in March).

• India–US Talks: Positive tone on trade; India still has high tariffs.

• US Tariffs: Imposing up to 3403% on Southeast Asian solar cells (suspected China involvement).

• Drug Pricing: Potential U.S. policy to tie drug prices to global rates.

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Earnings Highlights

• Verizon: Beat EPS & revenue, but lost more subscribers than expected. Stock down.

• GE, Lockheed, RTX (Raytheon): Beat and reaffirmed; RTX down despite this.

• Northrop: Missed EPS, took B-21 bomber charge; cut outlook; stock tumbling.

• Hexcel: Missed and cut 2025 guidance.

• Boeing: Up on $10.55B sale of digital aviation business to Thoma Bravo.

• 3M: Beat, but warned tariffs may hurt future profits.

• Medpace, Kimberly Clark, Zion Bancorp: Mixed results, mostly down.

• Regeneron: Investing $3B to expand U.S. manufacturing.

• Apple: AI adoption better than expected (Morgan Stanley).

• Nvidia: Deutsche Bank cuts target to $125 from $135.

Morning Summary...

 APR-21-2025

NVIDIA: Slightly down due to reports of AI chip sales to China starting next month.

Tesla: Down 4%. Postponed cheaper Model Y launch in the U.S.; Barclays cut price target to $275 from $325.

Gold: Hit another record high, now trading over $3,400/oz, up 2.5%. US dollar weakening.

• Newmont Mining (NEM): Up 3%, reports earnings Wednesday.

10-Year Treasury Yield: Up 7 basis points, around 4.40%.

Crude Oil: Down 2.4%, now just over $63/barrel.

IBIT (Bitcoin ETF): Up 3%, approaching 50-day moving average.

Netflix: Up 2% pre-market. Strong Q1 earnings (+25%) and revenue (+13% to $10.5B). No subscriber numbers released. Focus shifting to advertising.

Capital One (COF) & Discover (DFS): Up 4% and 6% respectively after approval of Capital One’s $35.3B acquisition of Discover.

Amazon: Down 1.7% after a downgrade from Raymond James; now under its 200-day moving average.

Spotify: Up 1% after an upgrade by Wolf Research, citing potential in non-music initiatives.

WR Berkeley (WRB): Strong in property & casualty insurance; earnings expected soon.

Northrop Grumman (NOC): Reports Tuesday; showing accumulation signs.

Alphabet (GOOGL): Reports earnings Thursday.

Apr-16-2025

 Markets Overview (Morning Update)

• Stock Futures:

  • Nasdaq 100 down 1.8% (biggest drop)

  • S&P 500 down 1.1%, Dow slightly down, small caps down 0.6%

• 10-Year Treasury Yield: Up slightly to 4.34%

• Gold: Up 2.6% to $3,325/oz

• Oil: Up 1.5% to $62.25/barrel

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Key Stock Movers

• NVIDIA: Down 6.5%+ after a $5.5B charge tied to U.S. export restrictions to China. This affects its H20 AI chips and revenue outlook.

• ASML: Down 5% after earnings; cited tariffs and uncertainty through next year.

• SMH ETF: Down 4.5%, tracking chip sector weakness.

• Taiwan Semiconductor (TSMC): Down 4% ahead of earnings tomorrow.

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Earnings Highlights

• United Airlines (UAL): Up 4% after earnings beat; strong premium and business class growth.

• Interactive Brokers (IBKR): Down 8% despite good metrics; earnings slightly missed expectations.

• Travelers: Up 2% after beating earnings and revenue expectations.

• Progressive (PGR): Also up 2% on earnings.

• Abbott Labs: Little movement; earnings beat, revenue in line; glucose monitor sales up 18%.

• Tesla: Down 2% due to concerns over component tariffs affecting Cybercab and Semi production timelines.

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China Economic Data

• GDP: Grew 5.4% (above expectations)

• Retail Sales: Up 5.9%, Industrial Production: Up 7.7%

• Despite positive data, China stocks (FXI) are down nearly 2%

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Upcoming Earnings to Watch

• Tomorrow: American Express, UnitedHealth Group, Taiwan Semiconductor

• Thursday After-Hours: Netflix

 Markets are rallying, with Nasdaq 100 futures up 2.2%, S&P 500 up 1.8%, and other indices showing strength. The 10-year Treasury yield is down to 4.43%, and crude oil rose 1.3% as OPEC cut demand forecasts. Gold is under slight pressure but continues to outperform.

The rally is fueled by the White House exempting key electronics from tariffs, boosting tech stocks. Apple is up 6.5%, Nvidia 3.5%, Best Buy 8%, and Intel 4% after announcing a $8.75B deal to sell 51% of Altera to Silver Lake.

Goldman Sachs is up 2% after strong earnings, while JP Morgan and Wells Fargo show modest gains. Pfizer remains flat but paused development of a weight-loss pill due to safety concerns. Viking Therapeutics surged 20% on the news.

Palantir jumped 8% after announcing a NATO contract, and Sprouts is showing early signs of a breakout.

Upcoming earnings: Bank of America and Citigroup (Tuesday), Travelers and Progressive (Wednesday), and major names like Netflix, UnitedHealth, and Taiwan Semiconductor report Thursday