News Bulletin
Wednesday, April 1st 2026
Evening Edition
Economic Numbers:
|
Time |
Cur. |
Actual |
Forecast |
Previous |
|
8:15 |
62K |
41K |
66K |
|
|
8:30 |
0:08 |
0.005 |
-0.001 |
|
|
8:30 |
0:07 |
0.003 |
0 |
|
|
8:30 |
0:07 |
0.003 |
0.002 |
|
|
9:45 |
7:12 |
52.4 |
51.6 |
|
|
10:00 |
16:48 |
52.3 |
52.4 |
|
|
10:00 |
7:12 |
74 |
70.5 |
|
|
10:00 |
16:48 |
49 |
48.8 |
|
|
10:30 |
0.520M |
|
3.421M |
|
|
21:00 |
U.S. President Trump Speaks |
|
|
|
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
46565.74 |
48226.223 |
46697.55 |
|
NASDAQ |
21840.95 |
22645.66 |
22328.80 |
|
S&P 500 |
6575.32 |
6,905.52 |
6,574.34 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO :
Before Market Opening /AMC : After Market Close)
|
|
Consensus |
Previous |
Consensus |
Previous |
MarketCap |
Fiscal |
Time |
|
0.4 |
2.76B |
$7.47B |
Q3 |
PM |
|||
|
0.63 |
1.5B |
$5.84B |
Q3 |
PM |
|||
|
0.84 |
931.56M |
$5.17B |
Q2 |
PM |
|||
|
1.21 |
614.91M |
$4.71B |
Q2 |
PM |
|||
|
1.89 |
822.36M |
$3.64B |
Q3 |
PM |
|||
|
0.06 |
204.49M |
$2.05B |
Q3 |
PM |
Market News:
U.S.
stocks ended higher on Wednesday, starting April off on a positive note a day
after a euphoric relief rally helped Wall Street end a bruising March in an
upbeat mood. Middle East de-escalation hopes were further boosted after
President Donald Trump said the new Iranian regime had asked for a ceasefire.
The main
averages on Wall Street rallied on Tuesday, spurred on by growing optimism that
the U.S. will soon exit its joint assault with Israel against Tehran, which has
escalated into a wider war threatening to engulf countries around the Middle
East.
Stellantis has initiated a recall
affecting approximately 700,000 vehicles worldwidedue
to a fire risk, the company confirmed on Wednesday. The recall, which was
announced by Germanys KBA regulator on Tuesday, affects vehicles produced
between mid-2023 and early 2026. The affected models include cars from Peugeot,
Citroen, Fiat, Jeep, Alfa Romeo, and Lancia.
Memory
chip stocks have retreated 20-30% over the past two weeks, but one analyst
argues the selloff reflects exaggerated fears rather than any deterioration in
fundamentals, expecting the "correction to be short and rally to be
long." Shares of Micron, SK Hynix, and Samsung
Electronics dropped 30%, 24%, and 20% over the period, respectively, pressured
by Middle East geopolitical risk and concerns over Googles
TurboQuant, an AI efficiency technology that some
investors worried could dampen chip demand.
Sharon AI
Holdings Inc. (NASDAQ:SHAZ) shares jumped 30% on Wednesday followingthe
announcement of a five-year AI cloud infrastructure agreement valued at $1.25
billion with ESDS Software Solutions Ltd. Under the contract, Sharon AI will
deploy an 8,000-unit B300 cluster within one of its existing data center providers in Australia. Revenue from the agreement
is expected to begin in the third quarter of 2026. The customer holds an option
to extend the contract for an additional two years.
Target Hospitality
Corp. (NASDAQ:TH) shares surged 25% Wednesday after the company secured a
multi-year contract worth over $550 million with a top-five hyperscaler
to support a data center development in North Texas.
The contract will see Target construct and operate a purpose-built community
designed to accommodate approximately 4,000 individuals. Construction begins
immediately, with first occupancy expected in the third quarter of 2026 and
full completion anticipated in the second quarter of 2027.
Gold prices
rose for a fourth straight session in European trading on Wednesday, supported
by a weaker dollar, as investors weighed signals that the U.S. and Iran could
move toward ending the Middle East conflict. Spot gold was up 1.6% at $4,742.67
an ounce by 07:20 ET (11:20 GMT). U.S. Gold Futures climbed 2.0% to $4,770.80.
Gold jumped 3.5% in the previous session as the U.S. dollar retreated, but
declined over 11% for March.
On
Wednesday, CPI Aerostructures, Inc. (NYSE American:CVU) reported fourth quarter results that fell
short of expectations, with revenue declining 11% YoY
as the company navigated the impact of the A-10 Program termination. Shares of
the company were down 4.34% in pre-market trading following the results,
reflecting investor concerns about the revenue decline and challenging year.
The aerospace and defense contractor posted fourth
quarter revenue of $19.4 million, down from $21.8 million in the same period last
year.
On
Wednesday, MSC Industrial Supply Co. (NYSE:MSM) reported second quarter fiscal
2026 results that fell short of Wall Street expectations. The companys shares declined 4.36% in pre-market trading
following the announcement. The industrial distributor posted adjusted earnings
per share of $0.82, missing the analyst consensus of $0.84 by $0.02.
Here are
some of the biggest premarket U.S. stock movers today:
Nike
delivered a quarterly top- and bottom-line beat, but its earnings report showed
continued softness in the key Greater China region. Shares in the athletic
apparel retailer, which also flagged that revenue for the current quarter would
be down as much as 4%, slumped.
RH shares sank
on a lower-than-expected fiscal first-quarter revenue outlook from the home
furnishing company.
Walt
Disney ticked slightly higher following an upgrade of the entertainment giant by
analysts at Raymond James, who cited an attractive entry point for the stock.
Zymeworks edged
up after the biotech firm announced the appointment of Kristin Stafford as
Chief Financial Officer, effective immediately.
Immunic rose after
the biotech group said it had regained compliance with Nasdaq's minimum bid price rule, removing risk of the
stock being kicked off the exchange.
Shares of nCino surged after the banking
software provider's first-quarter revenue outlook topped expectations. The
company also unveiled an accelerated $100 million share buyback plan.
For
internal use only