News Bulletin
Monday, May 04, 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Monday, May 4, 2026 |
||||
|
8:00 |
Total Vehicle Sales (Apr) |
15.90M |
16.00M |
16.30M |
|
10:00 |
Factory Orders (MoM)
(Mar) |
1.50% |
0.50% |
0.30% |
|
11:30 |
3-Month Bill Auction |
3.61% |
|
3.59% |
|
11:30 |
6-Month Bill Auction |
3.61% |
|
3.59% |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
48,941.90 |
47,846.55 |
47,230.06 |
|
NASDAQ |
25,067.80 |
22,969.20 |
22,729.83 |
|
S&P 500 |
7,200.75 |
6,822.67 |
6,734.40 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
Palantir Technologies PLTR:US |
0.33 |
0.28 |
1.63B |
1.54B |
$322.71B |
PM |
|
Vertex Pharmaceuticals VRTX:US |
4.47 |
4.43 |
2.99B |
3.07B |
$110.23B |
PM |
|
Williams Companies WMB:US |
|
0.6 |
|
3.2B |
$91.49B |
PM |
|
Diamondback Energy FANG:US |
|
2.39 |
|
3.39B |
$61.53B |
PM |
|
On Semiconductor ON:US |
|
0.61 |
|
1.49B |
$43.8B |
PM |
|
Cheniere Partners CQP:US |
|
1.1 |
|
2.71B |
$32.67B |
PM |
|
Coterra Energy CTRA:US |
|
0.68 |
|
2.08B |
$26.15B |
PM |
|
Loews L:US |
1.63 |
|
4.56B |
|
$23.69B |
AM |
|
Tyson Foods TSN:US |
0.87 |
0.88 |
13.65B |
13.48B |
$22.69B |
AM |
|
Lattice Semiconductor LSCC:US |
|
0.33 |
|
148.14M |
$16.98B |
PM |
|
Sterling Coconstruction STRL:US |
3.59 |
2.22 |
825.7M |
601.11M |
$16.75B |
PM |
|
Advanced Energy Industries AEIS:US |
2.09 |
1.97 |
511M |
504.03M |
$14.56B |
PM |
|
Pinnacle West Capital PNW:US |
0.27 |
-0.09 |
1.15B |
1.07B |
$12.92B |
AM |
|
CNA Financial CNA:US |
0.83 |
1.26 |
4.56B |
2.93B |
$12.62B |
AM |
|
Allison Transmission ALSN:US |
2.57 |
2.07 |
1.41B |
1.38B |
$11.25B |
PM |
|
BioMarin Pharmaceutical BMRN:US |
0.76 |
0.74 |
766M |
760.41M |
$10.4B |
PM |
|
AES AES:US |
|
0.45 |
|
3.05B |
$10.15B |
PM |
|
Chart Industries GTLS:US |
|
2.47 |
|
1.12B |
$8.78B |
AM |
|
Norwegian Cruise Line NCLH:US |
0.23 |
0.16 |
2.3B |
2.36B |
$7.29B |
AM |
|
Silicon Laboratories SLAB:US |
|
0.5 |
|
213.89M |
$6.94B |
AM |
|
MSA Safety MSA:US |
|
1.84 |
|
452.53M |
$6.57B |
PM |
|
Matson MATX:US |
1.85 |
1.91 |
757.8M |
794.5M |
$5.88B |
PM |
|
Vornado Realty VNO:US |
|
-0.01 |
|
444.68M |
$5.68B |
PM |
|
New Jersey Resources NJR:US |
|
1.76 |
|
788.9M |
$5.52B |
PM |
|
One Gas OGS:US |
|
2.17 |
|
979.47M |
$5.03B |
PM |
|
Osi Systems OSIS:US |
2.6 |
2.63 |
453M |
460.8M |
$4.81B |
PM |
|
Telephone Data Systems TDS:US |
|
-0.39 |
|
323.04M |
$4.74B |
AM |
|
Tidewater TDW:US |
|
0.7 |
|
321.41M |
$4.54B |
PM |
|
International Bancshares IBOC:US |
|
1.69 |
|
|
$4.44B |
|
|
Otter Tail OTTR:US |
|
1.49 |
|
334M |
$3.77B |
PM |
|
Dorman Products DORM:US |
1.57 |
1.57 |
528.8M |
524.9M |
$3.46B |
PM |
|
National Health Investors NHI:US |
|
0.81 |
|
69.6M |
$3.31B |
PM |
|
Apple Hospitality APLE:US |
|
0.11 |
|
325.84M |
$3.17B |
PM |
|
Boise Cascade BCC:US |
|
0.49 |
|
1.47B |
$2.94B |
PM |
|
Mge Energy MGEE:US |
|
1.14 |
|
|
$2.92B |
AM |
|
HUB HUBG:US |
|
0.39 |
|
885.76M |
$2.61B |
PM |
|
Celldex Therapeutics CLDX:US |
|
-1.19 |
|
874.9K |
$2.17B |
PM |
|
Alamo ALG:US |
|
2.29 |
|
403.43M |
$2.05B |
PM |
|
Addus HomeCare ADUS:US |
1.62 |
1.56 |
363.6M |
366.64M |
$1.78B |
PM |
|
Veris Residential CLI:US |
|
|
|
67.94M |
$1.76B |
PM |
|
Tennant TNC:US |
|
0.94 |
|
292.7M |
$1.57B |
PM |
|
Arbor Realty ABR:US |
|
0.15 |
|
109.59M |
$1.5B |
AM |
|
NOW DNOW:US |
|
0.23 |
|
1.24B |
$1.42B |
AM |
|
Ufp Technologies UFPT:US |
|
2.03 |
|
154.9M |
$1.42B |
PM |
|
RLJ Lodging RLJ:US |
-0.05 |
-0.07 |
339.97M |
324.84M |
$1.3B |
AM |
|
Carters CRI:US |
|
0.1 |
|
653.53M |
$1.24B |
AM |
|
Cogent Communications CCOI:US |
-0.83 |
-1.04 |
239.2M |
241.18M |
$756M |
AM |
Market News:
U.S. stocks ended lower on Monday as oil
prices surged, after tensions flared up again between Washington and Tehran
over the critical Strait of Hormuz.
The benchmark S&P 500 index slipped
0.4% to close at 7,201.75 points, the tech-heavy NASDAQ Composite declined 0.2%
to settle at 25,067.80 points, and the blue-chip Dow Jones Industrial Average
shed 1.1% to conclude at 48,941.90 points.
’Project Freedom’
President Donald Trump over the weekend
announced a U.S. effort called "Project Freedom" to help reopen
stalled shipping traffic through the Strait of Hormuz. The vital conduit for a
fifth of the world’s oil has been effectively shuttered by Iran since the start
of the conflict, leading to the biggest supply disruption in history.
Iran’s state media said missiles had
been fired upon U.S. destroyers approaching the strait, and that two of them
struck a navy ship. U.S. Central Command dismissed the latter claim, saying no
ships had been struck, and instead said two U.S. merchant ships had
successfully transited the strait.
"No commercial vessels or oil
tankers have passed through the Strait of Hormuz in the past several hours, and
the claims made by U.S. officials are baseless and completely false,"
Iran’s Islamic Republic News Agency (IRNA) said, citing the Iranian
Revolutionary Guards.
Oil prices spike after Fujairah attack
Elsewhere, the United Arab Emirates
(UAE) said its air defenses had engaged with missile
attacks and incoming drones from Iran. The foreign ministry
"strongly" condemned the "renewed treacherous Iranian
aggression."
The attacks caused a fire at the
Fujairah Oil Industry Zone (FOIZ), a massive oil trading and storage hub
located in the emirate of Fujairah.
The Fujairah Media Office said three
Indian nationals had sustained moderate injuries in the attack and had been
transferred to a hospital for treatment.
The FOIZ sprawls across 12.8 million
square meters and has the Middle East’s largest commercial storage capacity for
refined oil products. It is also one of the termination points for a key
pipeline that allows the country to transport crude while bypassing the Strait
of Hormuz entirely.
The UAE last week said it would be
leaving the Organization of the Petroleum Exporting Countries (OPEC) in a move
that was seen as a major blow to the global oil cartel. OPEC+ on Sunday said
the cartel will increase oil output by 188,000 barrels per day in June.
Oil prices moved sharply higher after
the attack, adding to earlier gains amid the renewed tensions in the strait. Brent
crude futures expiring in July, the global oil benchmark, were last up 5.4% to
$114.03 a barrel.
The U.S. dollar strengthened, while gold
prices declined.
Wall Street digests eventful week
Away from the Middle East conflict, U.S.
stocks are coming off one of the busiest weeks of the year so far. Market
participants waded through a fairly packed economic calendar, a consequential
Federal Reserve interest rate decision, and quarterly results from some of the
biggest companies in the world including five members of the Magnificent 7
club.
An advance estimate of U.S. real gross
domestic product growth accelerated in Q1 2026 from Q4 2025, but came in
slightly cooler than anticipated. Meanwhile, a set of readings on the Fed’s
preferred inflation gauge came in-line with estimates,
while the number of Americans filing for initial jobless claims in the prior
week slipped to their lowest level since 1969.
The Fed held its key policy rate steady,
as expected, but investors focused on two particular developments: the central
bank’s decision saw four dissents, the highest number since 1992, and Fed chair
Jerome Powell said he would stay on as a governor after his term as chief ends
and Trump nominee Kevin Warsh likely takes over.
The Big Tech quarterly reports were a
mixed bag, with Alphabet, Microsoft, and Meta in particular recommitting to or
increasing capital expenditure plans to augment artificial intelligence
capabilities.
"The split-screen economic story
continued (last) week. On the one hand, U.S. economic data was solid, equity
indexes set new records, and the hyperscalers renewed
their capex commitments. On the other hand, a lack of
visible progress on a Middle East peace deal sent Brent oil and U.S. gasoline
prices to their highest values this year," JPMorgan analysts led by
Michael Feroli said on Saturday.
"The central question continues to
be whether energy prices will spike further and cause a more serious drag on
growth, or whether a political settlement can be reached before then,"
they added.
There will be plenty of potential
market-moving catalysts this week as well, most notably in the form of earnings
from the likes of AMD, Super Micro Computer, and Disney, along with Friday’s
April jobs report.
GameStop’s eBay bid
Turning to Monday’s active stocks,
GameStop ended about 10% lower after the video game retailer made an
unsolicited offer to buy e-commerce player eBay for roughly $56 billion. Shares
of eBay rose around 5%.
GameStop offered $125 a share in cash
and stock for eBay – about a 20% premium to the company’s closing price on
Friday. About half of the offer will be in cash, while the remainder will be in
GameStop stock, the firm said in a statement.
GameStop also disclosed that it had
built a roughly 5% stake in eBay. The company said it will fund the proposed
acquisition through a combination of cash and debt, and had received a $20
billion debt commitment from TD Securities.
In earnings-related moves, Norwegian
Cruise Line stock slumped 8.6%, after the cruise line operator’s full-year
outlook missed expectations, pressured by geopolitical headwinds and softer
demand.
Class A and B shares of Berkshire
Hathaway reversed gains to fall about 1% each. The sprawling conglomerate
posted an 18% rise in quarterly operating earnings in its first report under
new chief executive Greg Abel, who took the reins from legendary businessman
Warren Buffett at the start of the year.
The company’s cash pile swelled to a
record $397.38 billion, reflecting its continued difficulty in finding
acquisitions that meet its value-oriented standards.
"Berkshire was one of the last
major [calendar first-quarter] reports and while the numbers were fine, the
bigger issue for the stock remains the company’s extreme amount of cash and
management’s disdain for deployment options at the present time," analysts
at Vital Knowledge said in a note.
For internal use only