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.