Market Overview (Friday Morning):

• Futures Up:

  • NASDAQ 100 +0.5%

  • S&P Futures +0.4%

  • Dow Futures +0.2%

• 10-Year Treasury Yield: Flat at 4.36%

• No major economic data, but several Fed speakers today.

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Earnings Highlights:

• Pinterest (PINS):

  • Up 9% (was 15% AH)

  • Revenue beat; EPS missed.

  • Strong Q2 revenue guidance.

  • MAUs: 570M (+10%, beat forecasts).

• Cloudflare (NET):

  • Up 8% AH

  • Revenue +27% (9th straight quarter of 25%+ growth)

  • Landed $100M+ contract.

• Coinbase (COIN):

  • Slight revenue miss ($2B vs $2.1B est)

  • EPS beat by $0.01

  • Buying Deribit for $2.9B.

  • Follows Bitcoin crossing $100K.

• Affirm (AFRM):

  • Down 7% due to weak guidance.

• Paycom (PAYC):

  • Strong Q1 and upgraded outlook.

  • Continued breakout.

• Deere (DE):

  • May benefit from US-UK beef trade deal.

• BP:

  • Acquisition rumors; weak stock rating.

• Taiwan Semi (TSM):

  • Revenue +48% YoY.

  • Stock +3% pre-market.

• Microchip Tech:

  • Stock +12% on strong Q1 guidance (22¢ vs 16¢ est).

• Trade Desk (TTD):

  • Stock +14% on strong results.

• DraftKings (DKNG):

  • Narrower loss than expected; stock +3%.

• Insulet (PODD):

  • Stock +12% after big EPS beat ($1.20 vs 79¢ est).

• Expedia (EXPE):

  • EPS beat; revenue missed.

  • Citing weaker US travel demand.

• Lyft (LYFT):

  • Stock +12% post-earnings, though weaker than Uber.