NASDAQ:AMZN

Amazon Stock Surges 12% After Blowout Q2 Results Fueled by AWS and AI Growth

Amazon (NASDAQ: AMZN) shares jumped 12% in premarket trading on Friday after the e-commerce and cloud giant delivered a strong second-quarter earnings report, with accelerating AWS growth, record profitability and robust AI momentum driving investor optimism.

Second-quarter net sales rose 20% year over year to $200.6 billion, while operating income climbed 43% to $27.5 billion. AWS revenue surged 37% to $42.2 billion—its fastest growth in 18 quarters—lifting AWS operating income to $16.6 billion. Net income more than tripled to $62.6 billion, or $5.75 per diluted share, although results included a significant gain from the company's investment in Anthropic.

AWS and AI Businesses Power Another Strong Quarter

Amazon's cloud business continued to benefit from booming AI demand. CEO Andy Jassy said AWS's AI business and custom chips business each surpassed a $25 billion annual revenue run rate, while Trainium adoption accelerated through multi-year commitments from Anthropic and OpenAI. Amazon also expanded Bedrock with new frontier AI models, including OpenAI's GPT-5.6, and announced a series of new AI infrastructure and enterprise software products.

Outside the cloud segment, the company reported another strong quarter across its retail and advertising businesses. North America sales increased 16%, international sales rose 15%, advertising continued to post robust growth, and Prime delivery speeds reached new records. Amazon also highlighted expanding adoption of Alexa+, Amazon Business, Amazon Pharmacy and its satellite internet initiative.

Guidance Remains Solid

For the third quarter, Amazon expects net sales between $197.0 billion and $202.0 billion, representing 9% to 12% year-over-year growth, while operating income is projected between $22.5 billion and $26.5 billion, well above the prior year's $17.4 billion. Management noted that AI infrastructure investments remain elevated, with capital spending continuing to support long-term growth.

What to Watch

The strong premarket rally reflects investor confidence that Amazon's AI investments are translating into accelerating cloud growth and expanding profitability. Going forward, markets will closely monitor AWS growth, AI monetization, capital spending, retail margins and the company's ability to sustain double-digit revenue growth while maintaining strong earnings momentum.
Amazon Climbs Nearly 3% After Jefferies Reiterates Buy Rating

Amazon (NASDAQ: AMZN) gained 2.9% as Jefferies reiterated its Buy rating, reinforcing Wall Street's positive outlook on the e-commerce and cloud computing giant.

The analyst's bullish stance reflects confidence in Amazon's multiple growth drivers, including its dominant position in online retail, expanding advertising business, and leadership in cloud computing through Amazon Web Services (AWS).

Investors remain particularly focused on AWS, which continues to benefit from accelerating enterprise spending on artificial intelligence infrastructure and cloud services. As companies increase investments in AI applications and data processing, Amazon is viewed as one of the key beneficiaries of the ongoing technology spending cycle.

Amazon's advertising business has also emerged as a significant profit driver, growing faster than the company's core retail operations while generating attractive margins. The combination of cloud computing, advertising, and e-commerce gives Amazon one of the most diversified growth profiles among large-cap technology companies.

The stock's advance comes amid broader strength in technology shares, as investors continue to favor companies with direct exposure to artificial intelligence, cloud infrastructure, and digital transformation trends.

Jefferies' reaffirmed Buy rating suggests the firm expects Amazon to continue benefiting from these long-term growth themes, helping support earnings growth and market-share gains across its major business segments.
Amazon Holds Steady as Barclays Reiterates Overweight Rating

Amazon (AMZN) traded essentially flat despite receiving a supportive analyst update from Barclays, which reiterated its Overweight rating on the stock.

The unchanged positive rating reflects continued confidence in Amazon's long-term growth prospects across its core e-commerce, cloud computing, advertising, and artificial intelligence businesses. Barclays remains constructive on the company's ability to expand profitability while benefiting from ongoing investments in AI infrastructure and AWS cloud services.

The muted market reaction suggests investors largely viewed the rating reaffirmation as expected rather than a catalyst for immediate gains. Amazon has already been one of the primary beneficiaries of the AI investment cycle, and much of that optimism is already reflected in market expectations.

Investors continue to focus on several key drivers for the company, including AWS revenue growth, margins within the retail business, advertising expansion, and the pace at which Amazon can monetize its growing portfolio of AI products and services. The company also remains well positioned to benefit from increasing enterprise demand for cloud computing and generative AI applications.

While today's analyst action did not move the stock significantly, the reaffirmed Overweight rating highlights that many Wall Street analysts continue to view Amazon as one of the strongest long-term growth stories among large-cap technology companies. With shares remaining near record levels, investors appear to be waiting for the next major earnings report or business update before reassessing the stock's near-term direction.
Amazon announced that its Amazon Business platform now offers same-day delivery of fresh groceries to business customers across more than 2,300 U.S. cities and towns.

The expansion allows companies to order perishable items such as dairy, produce, baked goods, and frozen foods alongside office and operational supplies in a single transaction. The move aims to simplify procurement by combining everyday business essentials with fresh food orders, supported by Amazon’s temperature-controlled logistics network.

Business Prime members can access free same-day delivery on grocery orders above $25 in most areas, while Amazon plans to further expand the service throughout 2026. The initiative reflects growing demand from businesses for faster, more integrated purchasing solutions and strengthens Amazon’s position in the B2B and grocery delivery markets.
Business Wire
Amazon unveils new supply chain service, opening logistics network to external businesses

Amazon*com Inc. announced the launch of Amazon Supply Chain Services (ASCS), a new offering that allows businesses of all sizes to access its end-to-end logistics network, marking a significant expansion beyond its core retail and cloud operations.

The new service enables companies to manage freight, distribution, fulfillment, and parcel delivery using Amazon’s infrastructure, which has been built and refined over decades. The move effectively opens Amazon’s internal supply chain capabilities—previously used to support its e-commerce dominance—to third-party businesses across industries such as retail, manufacturing, healthcare, and automotive.

Major companies including Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters are among the early adopters, leveraging Amazon’s network for transporting goods, managing inventory, and fulfilling orders across multiple sales channels.

ASCS integrates advanced capabilities such as AI-driven demand forecasting, unified inventory management, and end-to-end shipment visibility. Amazon highlighted that its logistics network includes more than 80,000 trailers, 24,000 intermodal containers, and over 100 aircraft, supporting global transportation across air, ocean, rail, and ground.

The initiative is widely seen as Amazon’s attempt to replicate the success of its cloud business, Amazon Web Services, by transforming its internal operational strength into a scalable external service.

By offering faster delivery speeds, operational efficiency, and integrated logistics solutions, Amazon aims to position ASCS as a competitive alternative to traditional third-party logistics providers, potentially reshaping the global supply chain landscape.

The launch signals a new growth avenue for Amazon, as it continues to diversify its revenue streams and monetize its infrastructure beyond its core marketplace.

Business Wire
Amazon Opens Its Logistics Doors — and UPS Pays the Price

May 4, 2026

Shares of United Parcel Service (NYSE: UPS) are down around 9% today, hit by a double blow of a fierce new competitive threat and a weak earnings backdrop.

Amazon announced the launch of Amazon Supply Chain Services on Monday, opening its logistics network — including 80,000 trailers, 24,000 intermodal containers, and 100 aircraft — to businesses beyond its own operations. This is particularly damaging for UPS given that Amazon is already ramping down the packages it sends via UPS by more than 50% by mid-2026, and now Amazon is actively targeting the very third-party shippers that UPS had been counting on to replace that lost volume. (Investing*com)

The announcement compounds a difficult Q1 2026 earnings backdrop. Although UPS beat pro forma estimates, GAAP earnings were $1.02 per share — down more than 27% year over year — with a 4.0% domestic operating margin weighed down by $350 million in one-time costs related to closing 50 facilities. (Investing*com)

UPS did reaffirm its full-year 2026 revenue guidance of approximately $89.7 billion and a non-GAAP adjusted operating margin of about 9.6%, targeting roughly $3 billion in cost savings for the year. (Stocktitan)

For now, Amazon's bold move into third-party logistics has investors questioning whether UPS's second-half recovery story can still materialize as promised.
Amazon Posts 17% Revenue Growth in Q1 2026, AWS Surges 28%

Amazon reported first-quarter net sales of $181.5 billion, up 17% year over year. AWS was the standout, growing 28% to $37.6 billion in revenue with operating income of $14.2 billion. Overall operating income rose to $23.9 billion from $18.4 billion a year earlier. Net income reached $30.3 billion, or $2.78 per diluted share, though results included $16.8 billion in pre-tax gains from the company's investment in Anthropic. Operating cash flow grew 30% to $148.5 billion on a trailing twelve-month basis, while free cash flow fell sharply to $1.2 billion as capital expenditures surged by $59.3 billion year over year, driven primarily by AI infrastructure investment.

Source: Amazon*com,Inc, Business wire
Amazon has announced the fifth edition of its “Made in Italy Days,” a global promotional event aimed at supporting Italian small and medium-sized enterprises (SMEs).

The initiative will run from May 13 to May 19, 2026, featuring more than 5,500 Italian brands and over 3 million products across Amazon’s marketplaces in 11 countries, including the United States, Germany, Japan, and the United Kingdom. The program is organized in collaboration with Agenzia ICE to boost international visibility and exports of Italian goods.

Amazon highlighted that its “Made in Italy” storefront has become a key tool for SMEs, contributing to €3.5 billion in export sales for Italian sellers in 2025. Alongside the campaign, the company will host events in Rome focused on e-commerce, export policies, and digital transformation opportunities for businesses.

The initiative is also part of broader efforts tied to Italy’s National Made in Italy Day, emphasizing digital skills, brand protection, and international market access for Italian companies.
Meta has signed a major agreement with Amazon Web Services to deploy AWS Graviton processors at scale, supporting its next-generation AI infrastructure. The rollout will begin with tens of millions of Graviton cores, with capacity expected to expand as demand grows.

The partnership reflects increasing demand for CPU-intensive workloads driven by “agentic AI,” including real-time reasoning, code generation, and multi-step task orchestration. While GPUs remain key for training models, Graviton chips are positioned to handle large-scale operational AI processes more efficiently.

The deal strengthens Meta’s long-standing relationship with AWS and supports its broader AI strategy, leveraging Amazon’s cloud infrastructure and services to manage billions of AI-driven interactions.
Business Wire
Amazon has partnered with Gros – Maestri del Fresco to expand its online grocery offering in Rome, allowing customers to purchase a wide range of fresh and everyday products directly via Amazon’s platform.

The service provides access to more than 10,000 items, including fresh meat, fish, fruits, vegetables, and household goods, with same-day or next-day delivery options depending on order time. Delivery is available seven days a week, with free delivery for orders above certain thresholds and promotional discounts for new customers.

The partnership is expected to be gradually extended to other areas in the Rome province, supporting Amazon’s broader strategy to strengthen its grocery presence in Italy through faster delivery and a wider product selection.

The collaboration also reflects a growing trend toward integrating physical retail networks with e-commerce platforms, enabling improved convenience and accessibility for consumers.
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NYSE:LIN

Linde Shares Fall Despite Record Q2 Results and Raised Confidence in Growth Pipeline

Linde (NASDAQ: LIN) shares fell 6% on Friday despite reporting another strong quarter, with record sales, double-digit earnings growth and a robust outlook supported by continued demand from the electronics industry.

The industrial gases company reported second-quarter sales of $9.3 billion, up 9% year over year, while adjusted operating profit increased 7% to $2.7 billion. Adjusted earnings per share rose 10% to $4.50, and operating cash flow climbed 3% to $2.3 billion, reflecting continued pricing power and volume growth.

Electronics Demand Continues to Drive Growth

Underlying sales increased 4%, driven by 2% higher pricing and 2% volume growth, with electronics, manufacturing, and chemicals & energy remaining the strongest end markets. During the quarter, Linde also secured another long-term U.S. electronics supply agreement, lifting its contractual sale of gas backlog to a record $8.1 billion and total project backlog to $11 billion.

Regional performance was led by Asia-Pacific, where underlying sales increased 8% on strong electronics demand and new project start-ups, while the Americas also delivered solid growth supported by electronics and manufacturing customers.

Outlook Remains Positive

Linde reaffirmed its confidence in future growth, forecasting third-quarter adjusted EPS of $4.45 to $4.55 and full-year adjusted EPS of $17.70 to $17.90, representing annual growth of 8% to 9%. The company also expects capital expenditures of $5.5 billion to $6.0 billion this year as it continues investing in its expanding project backlog.

What to Watch

Despite the share price decline, Linde continues to benefit from strong demand across the semiconductor and industrial sectors. Investors will closely monitor execution of its record project backlog, growth in electronics-related contracts and continued margin expansion as large-scale investments begin contributing to future earnings.
Linde to Invest $1.8 Billion in U.S. and Taiwan to Support Semiconductor Expansion

Linde announced plans to invest approximately $1.8 billion to support the expansion of one of the world's largest semiconductor manufacturers across the United States and Taiwan.

The company will invest $1 billion to expand its industrial gas production complex in Phoenix, Arizona, where it will build two new SPECTRA® air separation units to supply ultra-high-purity nitrogen, oxygen and argon to two new semiconductor fabrication plants.

Separately, Linde LienHwa, Linde's joint venture in Taiwan, plans to invest approximately $800 million to build several air separation units and hydrogen production facilities to supply the same customer's new semiconductor manufacturing and advanced packaging sites.

Linde said the investments will strengthen its long-term partnership with the customer while supporting rising global demand for advanced semiconductors. The new facilities are designed to provide the high-purity industrial gases required for next-generation chip manufacturing.
Linde (NASDAQ: LIN) gained 1.5% after Citigroup initiated coverage with an Overweight rating, signaling confidence in the industrial gas giant's long-term growth prospects and resilient business model.

The bullish initiation comes as investors continue to favor high-quality industrial companies with strong cash flow generation and exposure to structural growth trends. Linde is widely viewed as a key beneficiary of increasing demand from semiconductor manufacturing, clean energy projects, healthcare applications, and industrial production.

Analysts have highlighted the company's industry-leading margins, disciplined capital allocation, and extensive portfolio of long-term customer contracts, which provide stable earnings even during periods of economic uncertainty. Linde's global footprint and pricing power have also helped the company consistently outperform many industrial peers.

The positive reaction reflects growing confidence that Linde can continue delivering steady earnings growth despite a mixed macroeconomic environment. Investors remain attracted to the company's defensive characteristics, strong free cash flow generation, and exposure to long-term themes such as energy transition, hydrogen infrastructure, and advanced manufacturing.

With shares trading near record highs, the latest analyst endorsement reinforces Wall Street's favorable view of Linde's ability to generate sustainable growth and shareholder returns over the coming years.
Linde Rises 3% to $518 as Earnings Beat and Confident Guidance Reward Investors

Shares of Linde plc rose around 3% to $519 today, following the release of its first-quarter 2026 earnings, which highlighted resilient profitability and steady growth despite a challenging macro environment.

The industrial gases giant reported quarterly sales of $8.8 billion, marking an 8% year-over-year increase, supported by favorable currency effects and modest underlying growth. Organic sales rose 3%, driven by pricing gains and incremental volume growth from project start-ups, reinforcing the company’s ability to maintain momentum across key end markets.

Profitability remained a key strength. Operating profit reached $2.4 billion, while adjusted operating profit climbed to $2.6 billion, both up 8% compared to the same period last year. The company maintained a robust adjusted operating margin of 30.0%, underscoring strong cost discipline and efficiency across its global operations.

Earnings growth was particularly notable, with diluted EPS rising 13% to $3.98 and adjusted EPS increasing 10% to $4.33. This double-digit earnings expansion appears to have supported investor sentiment, contributing to the stock’s upward move.

Cash generation also remained solid. Linde posted operating cash flow of $2.2 billion, up 4% year-over-year, and generated $898 million in free cash flow after capital expenditures. The company continued to return significant capital to shareholders, distributing approximately $1.5 billion through dividends and share buybacks during the quarter.

From a regional perspective, the Americas and Asia-Pacific segments delivered strong growth, with underlying sales increasing 6% in both regions. In contrast, EMEA saw a slight decline in underlying sales due to weaker volumes, although margins in the region improved.

Looking ahead, management reaffirmed its full-year 2026 guidance, expecting adjusted EPS in the range of $17.60 to $17.90, representing 7% to 9% growth. For the second quarter, the company anticipates adjusted EPS between $4.40 and $4.50.

CEO Sanjiv Lamba emphasized the company’s resilience, highlighting strong margins, disciplined capital allocation, and consistent execution as key drivers of performance.

Overall, the earnings report reinforced Linde’s positioning as a high-quality industrial company with stable cash flows and pricing power. The combination of solid earnings growth, strong margins, and confident forward guidance appears to have driven the positive market reaction in its stock price.
Linde plc (Nasdaq: LIN) declared a quarterly dividend of $1.60 per share.

The dividend is payable on June 18, 2026, to shareholders of record on June 4, 2026.
Linde (Nasdaq: LIN) will release its first quarter 2026 financial results by 06:00 EDT on Friday, May 1, 2026.
Linde plc (Nasdaq: LIN) announced its Board of Directors has declared a 7% increase in the company's quarterly dividend to $1.60 per share.

The dividend is payable on March 26, 2026, to shareholders of record on March 11, 2026.
Linde (Nasdaq: LIN) will release its fourth quarter 2025 financial results by 06:00 EST/midday CET on Thursday, February 5, 2026. The Company will host and webcast its conference call at 09:00 EST/15:00 CET, which will be available to the public and the media in listen-only mode.
Linde secures $1.5 billion 364-day revolving credit facility

Linde plc has entered into a new unsecured 364-day revolving credit agreement totaling $1.5 billion, according to a Form 8-K filed on December 3, 2025. The facility, arranged with Bank of America and a syndicate of lenders, will be available for general corporate purposes and can be drawn in multiple currencies, including USD, GBP, and EUR. The agreement also provides swingline loan capacity of up to $50 million in US dollars and €25 million in euros.

The company and key subsidiaries, including Linde Inc., Linde GmbH, and Linde Finance B.V., are initial borrowers, with Linde plc guaranteeing all subsidiary obligations. Borrowings will bear interest tied to SOFR, EURIBOR, SONIA, or a base rate, plus a ratings-based margin. The credit line expires 364 days after signing, with an option to convert outstanding amounts into a one-year term loan. As of the filing date, no amounts had been drawn under the facility.
Linde Delivers Record EPS and Strong Cash Flow in Q3 2025

Linde (Nasdaq: LIN) reported third-quarter 2025 sales of $8.6 billion, up 3% year-on-year, with adjusted operating profit rising 3% to $2.6 billion and margins reaching 29.7%. Adjusted EPS increased 7% to $4.21, a company record, supported by higher pricing and strong productivity. Operating cash flow rose 8% to $2.9 billion, while $1.7 billion was returned to shareholders. The company expects Q4 adjusted EPS between $4.10 and $4.20 and full-year EPS of $16.35–$16.45, reflecting 5–6% annual growth.

NYSE:CL

Colgate-Palmolive Shares Slip Despite Solid Q2 Results and Improved Profit Outlook

Colgate-Palmolive (NYSE: CL) shares fell 1.15% on Friday despite reporting solid second-quarter results, as investors looked past steady sales growth and focused on the company's softer GAAP earnings and a still-challenging consumer environment.

The consumer products company reported second-quarter net sales of $5.36 billion, up 4.9% year over year, while organic sales increased 2.4%. GAAP earnings per share declined 5% to $0.86, though adjusted (Base Business) EPS rose 8% to $0.99, reflecting continued pricing power and improved operating performance.

Margins Improve Despite Challenging Market Conditions

Colgate expanded its gross profit margin by 140 basis points to 61.5%, supported by pricing actions and productivity initiatives. Organic sales grew across three of its four product categories and four of its five geographic divisions, while worldwide organic volume improved for the third consecutive quarter.

The company also continued investing heavily behind its brands, increasing advertising spending by 15% during the quarter as it executes its long-term strategy focused on premium, science-led innovation.

Guidance Updated

Colgate maintained its full-year sales and GAAP earnings guidance while improving its profitability outlook. The company now expects gross profit margin to be roughly flat for the year, compared with its previous expectation for a decline, and raised its adjusted earnings outlook to mid-single-digit growth from its prior forecast of low- to mid-single-digit growth.

Management said it remains confident that its global brand portfolio and strategic investments will support consistent long-term earnings growth despite ongoing macroeconomic uncertainty.

What to Watch

Investors will continue monitoring consumer demand, pricing trends and the company's ability to balance brand investment with margin expansion. Performance in Hill's Pet Nutrition, along with continued market share leadership in oral care, will also remain key drivers of Colgate's long-term growth story.
Colgate Announces 1st Quarter 2026 Results

Shares of Colgate-Palmolive Company rose 3.44% to $88.38 today, as investors reacted positively to the company’s first-quarter 2026 earnings, which highlighted solid underlying growth and resilient brand performance despite mixed headline metrics.

Colgate reported net sales of $5.3 billion, up 8.4% year-over-year, supported by pricing actions and favorable currency effects. Organic sales growth came in at 2.9%, reflecting balanced contributions from volume and pricing across most categories and regions, even as the exit from private label pet food created a modest drag.

While GAAP earnings showed some pressure, underlying profitability remained strong. Diluted EPS declined 6% to $0.80, but Base Business EPS—a key adjusted metric—rose 7% to $0.97, indicating continued operational strength and margin discipline beneath the surface.

Gross margins softened slightly, with both GAAP and Base Business gross profit margin declining 20 basis points to 60.6%. This reflects ongoing cost pressures and investments, including increased advertising spending aimed at supporting long-term brand growth.

Cash generation remained solid, with operating cash flow reaching $747 million in the quarter. The company also highlighted improvements in operating profit, net income, and free cash flow on an adjusted basis, reinforcing confidence in its business model.

From a market position standpoint, Colgate maintained its global leadership in oral care. Toothpaste market share stood at 41.1% year-to-date, while manual toothbrush share reached 32.6%, underscoring the strength of its core franchise.

CEO Noel Wallace emphasized that the company delivered a “strong start” to the year, citing broad-based growth across categories and geographies. He also pointed to the resilience of Colgate’s operating model amid a challenging macroeconomic environment.

Strategically, the company announced an expansion of its Strategic Growth and Productivity Program (SGPP), increasing expected cumulative restructuring charges to $350 million–$550 million, while targeting annual savings of $200 million–$300 million once fully implemented. This initiative is designed to enhance efficiency and support long-term growth under its 2030 strategy.

Looking ahead, Colgate reaffirmed its 2026 outlook, expecting net sales growth of 2% to 6% and organic sales growth of 1% to 4%. However, the company revised its gross margin expectation downward, now anticipating a decline for the full year, while still projecting low- to mid-single-digit adjusted EPS growth.

Overall, despite some margin pressure and a decline in reported EPS, investors appeared to focus on the company’s solid organic growth, strong brand leadership, and continued earnings expansion on an adjusted basis—factors that likely drove the positive move in the stock.
Colgate-Palmolive Webcasts 2026 First Quarter Earnings Conference Call May 1, 2026 – 8:30 a.m. ET
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) announced a quarterly common stock cash dividend of $0.53 per share. The second quarter dividend is to be paid on May 15, 2026, to shareholders of record on April 20, 2026.

Dividend Growth Stocks: Colgate-Palmolive (CL) Dividend Stock Analysis

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Colgate-Palmolive reported mixed results for 2025, with modest sales growth but GAAP earnings pressured by impairment charges. Full-year net sales and organic sales both increased 1.4%, while GAAP EPS fell 25% to $2.63 due to goodwill and intangible asset impairments in the skin health business. Excluding these items, Base Business EPS rose 3% to $3.69. Operating cash flow reached a record $4.2 billion, and the company returned $2.9 billion to shareholders through dividends and buybacks.

In the fourth quarter, net sales rose 5.8% and organic sales increased 2.2%. GAAP EPS declined to a loss of $0.05, again reflecting impairment charges, while Base Business EPS grew 4% to $0.95. Colgate maintained its global leadership positions, with toothpaste market share at 41.3% and manual toothbrush share at 32.4%. Management said it entered 2026 from a position of strength, despite a challenging operating environment.
Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2025 fourth quarter and full year earnings conference call on Friday, January 30, 2026, at 8:30 a.m. ET.
Colgate-Palmolive Reports Q3 2025 Results; Updates Organic Sales Outlook, Maintains EPS Guidance

Colgate-Palmolive Company (NYSE: CL) reported third-quarter 2025 net sales of $5.13 billion, up 2.0% year over year, with organic sales growth of 0.4%, reflecting a 0.8% drag from the company’s exit from private label pet sales. GAAP and Base Business EPS were both $0.91, with GAAP earnings up 1% compared to the prior year.

Profitability and Cash Flow
Gross profit margin declined 170 basis points to 59.4% (both GAAP and Base Business). For the first nine months of 2025, net cash provided by operations reached $2.75 billion, underscoring strong cash generation.

Market Leadership
Colgate maintained its global leadership in oral care, holding a 41.2% share in toothpaste and a 32.4% share in manual toothbrushes year-to-date.

CEO Commentary
Chairman and CEO Noel Wallace highlighted that the company “delivered another quarter of growth despite slowing category trends,” adding that Colgate’s 2030 strategy and Strategic Growth and Productivity Program will position the company to reaccelerate growth through innovation, digital engagement, and improved organizational efficiency.

Outlook
For full year 2025, Colgate:
• Expects net sales to rise in the low single digits, including a flat-to-slightly negative impact from FX.
• Lowers organic sales growth guidance to 1%–2%, roughly in line with year-to-date performance (1.2%).
• Projects gross profit margin around 60.1%, consistent with year-to-date levels.
• Maintains guidance for advertising spending as a percentage of sales and expects EPS to grow at a low single-digit rate.

Wallace reaffirmed that Colgate’s long-term focus remains on sustained margin expansion and compounded EPS growth through science-based innovation and global brand strength.
Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2025 third quarter earnings conference call on Friday, October 31, 2025, at 8:30 a.m. ET.
Colgate-Palmolive Reports Modest Q2 2025 Growth, Launches Productivity Program

Colgate-Palmolive (NYSE: CL) posted Q2 2025 net sales of $5.11 billion, up 1%, with organic sales rising 1.8% despite a drag from lower private label pet product sales. GAAP EPS increased 2% to $0.91, while base business EPS edged up 1% to $0.92. Gross profit margin slipped to 60.1%.

CEO Noel Wallace noted steady performance amid global market challenges and announced a new three-year productivity program targeting up to $300 million in savings by 2028.

The company maintained its full-year 2025 guidance, with organic sales expected at the low end of the 2%–4% range. Colgate continues to lead globally in toothpaste (41.1% share) and manual toothbrushes (32.4%).
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05-23-25Global Finance News

NYSE:XOM

ExxonMobil Shares Fall Despite Strong Q2 Earnings and Record Production

ExxonMobil (NYSE: XOM) shares fell 2.6% on Friday despite reporting strong second-quarter results, as lower oil prices and weakness across the energy sector weighed on sentiment.

The company reported second-quarter earnings of $14.5 billion, or $3.48 per share, while adjusted earnings came in at $14.7 billion, or $3.52 per share. Operating cash flow reached $23.6 billion and free cash flow totaled $17.2 billion, allowing ExxonMobil to return $9.4 billion to shareholders through dividends and share repurchases.

Record Production and Operational Performance

ExxonMobil reported its highest upstream production in more than two decades, excluding Middle East disruptions. The company also achieved record production in the Permian Basin, maintaining its long-term production growth plans, while its fifth Guyana FPSO departed for deployment ahead of a planned fourth-quarter startup that will add 250,000 barrels per day of production capacity.

The company also set a record for second-quarter diesel production, supported by strong utilization along the U.S. Gulf Coast and continued operational efficiency.

Continued Investment and Cost Savings

ExxonMobil highlighted cumulative structural cost savings of $16.3 billion, which it said exceed those of all other international oil companies combined. The company invested $13 billion year-to-date in growth projects and announced a final investment decision to expand its Proxxima blending facility in Louisiana. ExxonMobil also declared a third-quarter dividend of $1.03 per share.

What to Watch

Despite the earnings beat, investors remained focused on weaker crude oil prices, which pressured the broader energy sector. Going forward, markets will monitor oil price trends, production growth from Guyana and the Permian Basin, refining margins and ExxonMobil's continued execution of its long-term investment strategy.
Exxon Mobil Edges Higher After Bank of America Upgrades Stock to Buy

Exxon Mobil (NYSE: XOM) shares rose modestly on Tuesday after Bank of America upgraded the energy giant to Buy from Neutral and set a $154 price target.

The upgrade comes as oil markets adjust to a changing geopolitical landscape following the recent U.S.-Iran agreement, which has helped push crude prices lower by reducing concerns about supply disruptions in the Middle East. Despite the decline in oil prices, Bank of America appears to see value in Exxon Mobil's diversified operations, strong balance sheet, and ability to generate significant cash flow across commodity cycles.

The firm's bullish stance suggests confidence that Exxon can continue delivering shareholder returns through dividends and buybacks while benefiting from its scale, low-cost production base, and growing portfolio of high-return projects, particularly in Guyana and the Permian Basin.

The relatively muted share-price reaction indicates that investors are balancing the positive analyst upgrade against a softer near-term outlook for crude prices. However, Exxon remains one of the industry's strongest cash generators and is widely viewed as being better positioned than many peers to navigate periods of commodity price volatility.

With Bank of America's $154 price target implying meaningful upside from current levels, the upgrade highlights continued optimism that Exxon can create value even as energy markets transition from geopolitical-driven supply concerns toward a greater focus on underlying demand and economic growth trends.
Exxon Mobil Shares Fall as Oil Prices Slide on U.S.-Iran Peace Deal Optimism

Exxon Mobil (NYSE: XOM) shares fell 4% after TD Cowen reiterated its Buy rating, as investors focused on the sharp decline in crude oil prices following reports that the United States and Iran are moving closer to a formal peace agreement.

Brent crude dropped nearly 5% to around $83 per barrel after news that the two countries had reached a framework agreement aimed at ending hostilities and reopening the Strait of Hormuz, a critical route for global energy shipments. The decline reflects the unwinding of the geopolitical risk premium that had supported oil prices in recent months.

Energy stocks broadly came under pressure as lower oil prices could reduce near-term earnings expectations for major producers. Exxon, one of the world's largest integrated oil companies, is also sensitive to changes in crude prices.

Despite the pullback, TD Cowen maintained its Buy rating on Exxon, arguing that the company's long-term growth strategy remains intact. The firm continues to see value in Exxon’s diversified portfolio, strong balance sheet, and production growth initiatives, even as near-term commodity prices fluctuate.

The market reaction suggests investors are prioritizing the immediate impact of falling oil prices over analyst optimism. Going forward, Exxon shares are likely to remain closely tied to developments surrounding the U.S.-Iran negotiations and the direction of global crude markets.
Exxon Mobil Corporation (NYSE: XOM) will release its first quarter 2026 financial results on Friday, May 1, 2026
ExxonMobil Board Unanimously Recommends Redomiciling the Company from New Jersey to Texas
Exxon Mobil Corporation announced that its board unanimously recommends moving the company’s legal domicile from New Jersey to Texas, aligning its legal base with where its headquarters and core operations have been located since 1989. The proposal, which requires shareholder approval at the 2026 annual meeting, would not change ExxonMobil’s operations, management, assets, strategy, or employee locations.

The company said Texas offers a regulatory and legal environment more supportive of business, including modern corporate statutes and the Texas Business Court designed to resolve complex corporate disputes efficiently. CEO Darren Woods stated that aligning the company’s legal home with its operating base in a state closely connected to its workforce and operations could help maximize shareholder value.

ExxonMobil currently has a large presence in Texas, where about 30% of its global employees and roughly 75% of its U.S. workforce are located. The company’s historical link to New Jersey dates back to the incorporation of Standard Oil of New Jersey in 1882, but the board noted it has not held a meeting in the state for more than four decades.
Source: Business Wire
ExxonMobil reported strong full-year 2025 results, supported by record production, disciplined cost control, and robust shareholder returns.

The company generated earnings of $28.8 billion and cash flow from operations of $52.0 billion in 2025, with earnings per share of $6.70, or $6.99 excluding identified items. Upstream production reached its highest level in more than 40 years, while refinery throughput set a new record, enabling total shareholder distributions of $37.2 billion, split between $17.2 billion in dividends and $20.0 billion in share repurchases.

ExxonMobil also delivered all 10 key projects on schedule, added an estimated $3 billion in earnings capacity on a constant price basis, and achieved $15.1 billion in cumulative structural cost savings since 2019. The company confirmed progress toward its 2030 greenhouse gas and flaring intensity reduction targets and announced a quarterly dividend of $1.03 per share, extending its dividend growth streak to 43 consecutive years.
Exxon Mobil Corporation announced that it will release its fourth-quarter 2025 financial results on Friday, January 30, 2026, before U.S. markets open.

Source: Business Wire
Exxon Mobil Corporation outlined key factors expected to influence fourth-quarter 2025 results relative to the third quarter, emphasizing that these are directional considerations rather than earnings guidance.

Management expects lower liquids and gas prices to weigh on upstream results, partially offset by stronger industry margins and timing effects. Planned and seasonal factors include impacts from scheduled maintenance, year-end inventory effects, and identified items such as divestment gains, impairments, restructuring charges, and tax-related items across segments.

The company noted that these estimates exclude underlying operating performance and other variables such as foreign exchange, unplanned downtime, or broader macroeconomic shifts. ExxonMobil plans to release full 4Q 2025 financial results on January 30, 2026, via its website and an SEC Form 8-K filing.
Exxon Mobil Corporation raised its 2030 corporate plan, saying its ongoing transformation will deliver higher profits, stronger cash flow and faster emissions intensity reductions without increasing capital spending. At constant prices and margins, the company now targets 25 billion dollars in earnings growth and 35 billion dollars in cash flow growth between 2024 and 2030, 5 billion dollars higher than its prior plan for each metric, while expecting return on capital employed to exceed 17 percent and cumulative surplus cash flow to reach roughly 145 billion dollars by 2030.

Upstream output is projected to rise to 5.5 million barrels of oil equivalent per day by 2030, with “advantaged” assets in the Permian, Guyana and LNG contributing about 3.7 million barrels of oil equivalent per day, or 65 percent of volumes; Permian production alone is expected to double to around 2.5 million barrels of oil equivalent per day, helped by technology-driven recovery gains and higher Pioneer Natural Resources synergies now estimated at 4 billion dollars annually. In Product Solutions, ExxonMobil aims for more than 9 billion dollars in incremental earnings by 2030 versus 2024, including about 4 billion dollars from advantaged projects and with high-value fuels, chemicals, lubricants and new products such as Proxxima systems and carbon materials projected to generate over 40 percent of segment earnings.

The company also lifted its cumulative structural cost-savings goal to 20 billion dollars versus 2019 and said all 2030 corporate greenhouse gas emissions intensity targets are now expected to be achieved by 2026, including earlier reductions in GHG and flaring intensity and faster progress on methane. Through its Low Carbon Solutions business, ExxonMobil highlighted roughly 9 million tonnes per year of third-party CO₂ already under contract in its carbon capture and storage portfolio, the start-up of its first large-scale end-to-end CCS system on the U.S. Gulf Coast and plans to invest around 20 billion dollars in lower-emission opportunities from 2025 to 2030, including CCS-enabled data centers, hydrogen, lithium, low-carbon fuels and advanced carbon materials.
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NYSE:ABBV

AbbVie Shares Slip Despite Strong Q2 Results as Guidance Reflects Apogee Acquisition

AbbVie (NYSE: ABBV) shares fell 2% on Friday despite reporting better-than-expected second-quarter results, as investors focused on the company's slightly lower full-year earnings guidance following its planned acquisition of Apogee Therapeutics.

The drugmaker reported second-quarter revenue of $16.99 billion, up 10.2% year over year, while adjusted earnings per share increased 22.9% to $3.65. GAAP EPS rose to $2.03, reflecting strong operating performance despite acquisition-related expenses.

Immunology and Neuroscience Continue to Drive Growth

AbbVie's Immunology portfolio remained the company's largest growth driver, with revenue increasing 15.1% to $8.79 billion. Skyrizi and Rinvoq continued to deliver exceptional performance, with sales rising 24.4% and 24.5%, respectively, more than offsetting the continued decline in Humira revenue following biosimilar competition.

The Neuroscience business also posted strong results, with revenue climbing 20.3% to $3.23 billion. Growth was led by Vraylar, Botox Therapeutic, Ubrelvy and Qulipta, while Vyalev continued to contribute following its launch.

Apogee Acquisition Adjusts Full-Year Outlook

During the quarter, AbbVie announced a definitive agreement to acquire Apogee Therapeutics to further strengthen its immunology pipeline. The company updated its 2026 adjusted EPS guidance to a range of $13.87 to $14.07, slightly below its previous outlook, primarily reflecting an expected $0.14 per share dilution from the proposed acquisition.

Management said the acquisition will deepen AbbVie's leadership in immunology while supporting long-term growth beyond its current portfolio.

What to Watch

The modest decline suggests investors focused on the revised earnings outlook rather than another strong operating quarter. Going forward, markets will monitor the integration of Apogee Therapeutics, continued growth of Skyrizi and Rinvoq, the pace of Humira's decline and progress across AbbVie's late-stage pipeline.
AbbVie (NYSE: ABBV) gained 1.2% after receiving supportive analyst commentary, as Canaccord Genuity raised its price target to $273 from $265 and Cantor Fitzgerald reiterated its Overweight rating.

The positive analyst actions reflect continued confidence in AbbVie's growth outlook as the company strengthens its portfolio beyond Humira. Investors remain focused on the strong performance of newer immunology drugs Skyrizi and Rinvoq, which have become key drivers of revenue growth and market share gains.

Sentiment was also supported by AbbVie's recently announced acquisition of Apogee Therapeutics, a deal that expands the company's immunology pipeline and reinforces its long-term growth strategy. Analysts view the transaction as a move that could further strengthen AbbVie's leadership position in inflammatory diseases.

The stock's advance suggests investors remain optimistic about the company's ability to generate consistent earnings growth, supported by a diversified pharmaceutical portfolio, strong cash flow generation, and continued business development activity.

With multiple analysts maintaining bullish ratings and raising valuation targets, AbbVie continues to be viewed as one of the leading large-cap pharmaceutical companies positioned for sustainable growth in the years ahead.
AbbVie Rallies After $10.9 Billion Apogee Acquisition and New Wells Fargo Price Target

AbbVie (NYSE: ABBV) rose 4.6% after announcing a $10.9 billion acquisition of Apogee Therapeutics and receiving a new $260 price target from Wells Fargo, reinforcing investor confidence in the company's long-term growth strategy.

Under the agreement, AbbVie will acquire Apogee for $135.11 per share in cash, adding a promising pipeline of immunology and respiratory disease treatments to its portfolio. The deal is centered around zumilokibart (APG777), a late-stage treatment for atopic dermatitis, as well as additional programs targeting asthma and other inflammatory diseases.

Management believes the acquisition will strengthen AbbVie's leadership in immunology, one of its most important therapeutic areas, while creating a new growth platform beyond its existing blockbuster products. The company highlighted the potential for multiple future blockbuster therapies and expects the transaction to become accretive to earnings beginning in 2032.

The positive market reaction suggests investors view the acquisition as a strategic move to expand AbbVie's pipeline and support long-term revenue growth. Combined with Wells Fargo's newly established $260 price target, the announcement helped drive shares sharply higher as investors welcomed the company's continued investment in high-growth areas of biotechnology.
AbbVie Beats Q1 Expectations, Raises Full-Year Outlook as Skyrizi and Rinvoq Power Growth

AbbVie (NYSE: ABBV) reported strong first-quarter 2026 results, exceeding analyst expectations and prompting the pharmaceutical giant to raise its full-year earnings guidance.

The company posted net revenues of $15.0 billion for the quarter, representing a 12.4% increase on a reported basis. Adjusted diluted EPS came in at $2.65, a 7.7% year-over-year improvement and ahead of the consensus estimate of $2.59. On a GAAP basis, diluted EPS fell to $0.39 — a decline of 45.8% — largely due to a $0.41-per-share charge tied to acquired in-process research and development (IPR&D) and milestone expenses.

Immunology Leads the Way
AbbVie's immunology franchise remained the engine of growth, generating $7.29 billion in global net revenues, up 16.4% year-over-year. Skyrizi pulled in $4.48 billion and Rinvoq contributed $2.12 billion — both continuing their rapid ascent as replacements for Humira, which brought in a comparatively modest $688 million as biosimilar competition continues to erode its dominance.

Neuroscience Surges
The neuroscience portfolio was another standout, with revenues climbing 26.0% to $2.88 billion. Botox Therapeutic crossed the $1 billion mark at $1.009 billion, while Vraylar contributed $905 million and migraine treatments Ubrelvy and Qulipta combined for $635 million.

Oncology Under Pressure
The oncology segment was a relative weak spot, slipping 0.2% to $1.63 billion. Imbruvica, facing intensifying competition and government drug-pricing negotiations, brought in $556 million, while Venclexta led the portfolio at $770 million.

Guidance Raised
On the strength of the quarter, AbbVie lifted its 2026 adjusted diluted EPS guidance to a range of $14.08–$14.28, up from the prior range of $13.96–$14.16. CEO Robert A. Michael called it "an excellent start to 2026," citing strong performance from key growth drivers and a pipeline advancing across all stages of development.

Stock Snapshot
ABBV shares have traded around $200 today, hovering near $204–$205 following the earnings release. The stock is down roughly 13% year-to-date, though today's strong results may offer a near-term catalyst. Its 52-week high stands at $244.81, about 20% above current levels. (Robinhood)
AbbVie (NYSE: ABBV) will announce its first-quarter 2026 financial results on Wednesday, April 29, 2026

Dividend Growth Stocks: Abbvie Inc. (ABBV) Dividend Stock Analysis

Your source for finding the best dividend growth stocks

(dividend-growth-stocks.com)
AbbVie reported solid fourth-quarter and full-year 2025 results, delivering full-year net revenues of $61.16 billion, up 8.6% year over year, despite a significant drag from acquired IPR&D and milestone expenses. On a GAAP basis, full-year diluted EPS declined 1.3% to $2.36, while adjusted diluted EPS decreased 1.2% to $10.00, reflecting an unfavorable $2.76 per-share impact from 2025 acquired IPR&D and milestones.

Growth was led by the immunology and neuroscience portfolios, which more than offset continued Humira erosion. Full-year immunology revenues rose 14.0% to $30.41 billion, driven by strong performance from Skyrizi ($17.56 billion) and Rinvoq ($8.30 billion). Neuroscience revenues increased 19.6% to $10.77 billion, supported by Vraylar, Botox Therapeutic, and migraine brands Ubrelvy and Qulipta. Oncology revenues grew modestly to $6.66 billion, while aesthetics revenues declined 6.1% to $4.86 billion.

In the fourth quarter, AbbVie posted net revenues of $16.62 billion, up 10.0% year over year. Adjusted diluted EPS was $2.71, compared with GAAP diluted EPS of $1.02, reflecting a $0.71 per-share headwind from acquired IPR&D and milestone expenses. For 2026, the company issued adjusted diluted EPS guidance of $14.37 to $14.57, excluding any unfavorable impact from acquired IPR&D and milestones, signaling confidence in continued growth momentum.

Source: AbbVie, PRNewswire, February 4, 2026.
AbbVie Inc. updated its 2025 guidance to reflect acquired IPR&D and milestone expenses recorded in the fourth quarter.

For Q4 2025, AbbVie reported $1.27 billion in acquired IPR&D and milestone expenses, reducing adjusted diluted EPS by $0.71. As a result, adjusted diluted EPS guidance for the quarter was lowered to a range of $2.61–$2.65.

For the full year 2025, the same $1.27 billion expense reduced adjusted diluted EPS by $0.71, bringing full-year adjusted diluted EPS guidance to $9.90–$9.94, compared with the prior range of $10.61–$10.65.
AbbVie (NYSE: ABBV) will announce its full-year and fourth-quarter 2025 financial results on Wednesday, February 4, 2026, before the market opens.
AbbVie Reports Strong Q3 2025 Results with 9% Revenue Growth, Lifts Full-Year Outlook

AbbVie (NYSE: ABBV) posted third-quarter 2025 revenues of $15.78 billion, up 9.1% year-over-year (8.4% operationally), driven by continued strength in immunology and neuroscience portfolios. GAAP EPS was $0.10, while adjusted EPS stood at $1.86, down 38%, reflecting a $1.50 per-share impact from acquired IPR&D and milestones expense.

The immunology portfolio led performance with $7.89 billion in revenue (+11.9%), fueled by Skyrizi ($4.71 billion, +46.8%) and Rinvoq ($2.18 billion, +35.3%), offsetting Humira’s expected decline (-55%).

Neuroscience sales rose 20.2% to $2.84 billion, supported by Vraylar ($934 million), Botox Therapeutic ($985 million), and migraine treatments Ubrelvy and Qulipta (combined $642 million).

The oncology segment slipped 0.3% to $1.68 billion, while aesthetics declined 3.7% to $1.19 billion, as Botox Cosmetic and Juvederm faced softer demand.

AbbVie’s adjusted operating margin was 30.9%, with a 24.5% adjusted tax rate, and the company reaffirmed its long-term EPS growth target of 5–7% through 2029.

Citing strong business momentum, AbbVie raised its full-year adjusted EPS guidance to $10.61–$10.65 (from $10.38–$10.58) and announced a 5.5% dividend increase for 2026, payable in February. CEO Robert A. Michael highlighted progress in innovation and pipeline development as key drivers of long-term growth.
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NASDAQ:AAPL

Apple Stock Drops 7% Despite Record Q3 Results as Weak Outlook Overshadows Earnings Beat

Apple (NASDAQ: AAPL) shares fell 7% in premarket trading on Friday after the company reported record fiscal third-quarter results but issued a softer-than-expected outlook for the current quarter, disappointing investors following a strong run in the stock.

Apple posted record June-quarter revenue of $109.4 billion, up 16% year over year, while diluted earnings per share climbed 29% to $2.02. The company reported record June-quarter revenue from the iPhone, Mac and Services segments, with double-digit revenue growth across every geographic region. Gross margin reached 50.1%, although results benefited from approximately two percentage points of tariff refunds, which also added $0.11 to earnings per share.

Record iPhone Sales Offset by Softer Outlook

The June quarter reflected broad-based strength across Apple's product lineup. CEO Tim Cook highlighted record revenue and an all-time high installed base of active devices, while the company also introduced its new Siri AI platform at WWDC26.

However, investors focused on Apple's outlook for the September quarter. Management projected revenue growth of 9% to 11%, below Wall Street expectations of roughly 12%, citing supply constraints for advanced chips and foreign exchange headwinds. Services revenue also fell short of analyst estimates despite growing 12%, adding to concerns about the segment's momentum.

Tariff Benefit and Supply Constraints Draw Attention

While Apple delivered another record quarter, investors also noted that earnings received a one-time boost from tariff refunds. Excluding that benefit, gross margins would have been closer to market expectations, reducing the magnitude of the earnings beat. At the same time, persistent supply chain constraints are expected to limit growth in the coming quarter despite healthy underlying demand.

What to Watch

The sharp premarket decline suggests investors are looking beyond Apple's record June-quarter performance and focusing on slower-than-expected near-term growth. Markets will closely monitor supply chain conditions, adoption of Apple's new AI features, Services revenue growth and demand for the upcoming iPhone lineup as key drivers of the stock in the months ahead.
Apple (AAPL) Stock Rises After Citigroup Raises Price Target to $365

Apple (NASDAQ: AAPL) shares gained approximately 1.2% after Citigroup reiterated its Buy rating and raised its price target to $365 from $315.

The higher target comes as investors remain focused on Apple’s ability to expand its artificial intelligence capabilities, strengthen its services ecosystem, and support long-term revenue growth through new product cycles.

Citigroup’s rating action reflects a more constructive valuation outlook, while the unchanged Buy recommendation signals continued confidence in the company’s broader earnings potential.

Apple continues to benefit from its large installed device base, recurring services revenue, and strong cash generation. At the same time, investor expectations remain high around future AI integration across the iPhone, Mac, and other products.

Several factors supported the stock:

* Citigroup raised its price target to $365 from $315.
* The firm maintained its Buy rating.
* Investors remain optimistic about Apple’s AI strategy and services growth.
* The company’s ecosystem and recurring revenue base continue to support its long-term outlook.

The positive analyst update helped strengthen investor sentiment, lifting Apple shares during the session.
Apple (NASDAQ: AAPL) rose 1.5% on Friday, recovering some of Thursday's losses after Morgan Stanley reiterated its Overweight rating, reaffirming confidence in the company's long-term growth outlook.

Apple shares came under pressure on Thursday after the company announced price increases for select products, as investors weighed the potential impact of higher prices on consumer demand. However, Friday's rebound suggests the market has become more optimistic that Apple's pricing power will help offset rising component costs and protect profit margins.

Morgan Stanley maintained its bullish stance, highlighting Apple's resilient ecosystem, expanding high-margin services business, and continued opportunities tied to AI-enabled devices and future hardware upgrades. The firm believes the company's strong brand loyalty positions it well to implement price increases without significantly hurting demand.

The combination of renewed analyst support and confidence in Apple's ability to preserve profitability helped lift investor sentiment, allowing the stock to recover part of the previous session's decline.
Apple Gains as Bank of America Reiterates Buy Rating

Apple (NASDAQ: AAPL) rose 0.7% on Thursday after Bank of America reiterated its Buy rating on the stock and maintained a $380 price target.

The bullish stance reflects continued confidence in Apple's long-term growth prospects despite ongoing concerns about smartphone demand and increasing competition in the consumer technology market.

Investors have recently focused on Apple's expanding artificial intelligence strategy, services business, and efforts to diversify its hardware ecosystem. The company continues to benefit from one of the world's largest installed device bases, supporting recurring revenue growth through subscriptions and digital services.

Bank of America's reaffirmed Buy rating suggests the firm sees additional upside potential as Apple continues to monetize its ecosystem, expand AI capabilities across its products, and generate substantial cash flow for shareholders.

While macroeconomic uncertainty and consumer spending trends remain important factors to monitor, the analyst's positive outlook helped support shares as investors remained constructive on Apple's long-term growth story.
Apple Falls 3% Despite Generally Supportive Analyst Commentary

Apple (AAPL) shares fell nearly 3% even as Wall Street analysts largely maintained constructive views on the stock, suggesting investors were focused more on broader market concerns and near-term growth questions than on today's analyst updates.

Several major firms reiterated their existing ratings, while some became more optimistic about Apple's long-term prospects. Most notably, Morgan Stanley raised its price target to $360 from $330 while maintaining an Overweight rating, implying substantial upside from current levels. Maxim Group also increased its target to $350 from $310 while reiterating a Buy rating.

The overall tone of today's analyst commentary remained cautiously positive. Bullish firms continue to point to Apple's expanding services ecosystem, growing artificial intelligence opportunities, and the potential for future hardware upgrade cycles. However, some analysts maintained more neutral positions, reflecting concerns about slowing iPhone demand, competitive pressures in AI, and uncertainty surrounding consumer spending.

The market's reaction suggests investors are currently placing greater weight on execution risks and valuation concerns than on incremental target-price increases. After Apple's strong performance over the past year, expectations remain elevated, making it difficult for analyst reiterations alone to drive the stock higher.

For long-term investors, the key takeaway from today's reports is that many analysts continue to see meaningful upside potential despite near-term volatility, with several targets remaining well above the current share price.
Apple Outperforms Broader Market Selloff as Investors Remain Confident in Long-Term Outlook

Apple declined just 1.2% on Friday and gained an additional 0.1% in after-hours trading, significantly outperforming the broader technology sector during a session that saw the Nasdaq plunge more than 4%.

The relative strength suggests investors continue to view Apple as one of the safer large-cap technology holdings amid increasing market volatility. While high-growth semiconductor and AI-related stocks came under heavy pressure following stronger-than-expected U.S. employment data and rising Treasury yields, Apple's more defensive business model helped limit selling pressure.

Investor sentiment may also have been supported by continued optimism surrounding Apple's artificial intelligence strategy, upcoming product cycle, and massive cash generation capabilities. Unlike many AI-linked companies that trade at elevated growth valuations, Apple benefits from a large installed base of loyal customers, recurring services revenue, and one of the strongest balance sheets in corporate America.

A research note circulating in the market showed Wedbush analyst Dan Ives maintaining an Outperform rating on Apple with a $400 price target, implying substantial upside from current levels. Dan Ives has remained one of Wall Street's most bullish Apple analysts, frequently highlighting the company's AI opportunities, ecosystem strength, and potential for a multi-year upgrade cycle driven by AI-enabled devices.

The stock's ability to hold relatively steady while the Nasdaq suffered one of its sharpest declines in over a year may indicate that investors are rotating toward higher-quality technology companies as concerns grow about interest rates remaining elevated for longer. In an environment where speculative growth stocks face increasing pressure, Apple appears to be benefiting from its reputation as a technology leader with durable earnings, strong free cash flow, and resilient consumer demand.

While broader market volatility may continue in the near term, Friday's trading demonstrated that investors remain willing to own Apple even during periods of significant weakness across the technology sector.

Apple Manufacturing Academy accelerates AI use in U.S. supply chains - Apple

Apple’s Manufacturing Academy hosted its inaugural Spring Forum, bringing together U.S. manufacturers to accelerate the use of AI in supply chains.

(apple.com)
Apple Rises 3.4% in Pre-Market as Record iPhone and Services Quarter Overshadow Memory Cost Warning

Apple shares are up 3.4% in pre-market trading tody, after the
company delivered its best March quarter in history, topping estimates across every major category and issuing guidance that dramatically beat expectations.

Revenue came in at $111.2 billion, up 17% year-over-year, beating the $109.66 billion consensus, while EPS of $2.01 topped estimates of $1.95 and grew 22% from the prior year. iPhone revenue surged 22% to $57 billion, a March quarter record, with CEO Tim Cook citing extraordinary demand for the iPhone 17 lineup as the primary driver. (9to5Mac, heygotrade)

Services continued its relentless march higher. Services revenue grew 16.3% to $30.98 billion, setting a new all-time record and beating the $30.4 billion estimate, with double-digit growth in both developed and emerging markets and all-time records across every major category within the segment. Greater China was a standout, with revenue growing 28% to $20.49 billion against an $18.9 billion expectation, a number that will silence near-term concerns about China demand erosion. (Yahoo Finance)

The Q3 guidance was the real catalyst for after-hours and pre-market enthusiasm. Apple guided Q3 revenue growth of 14% to 17%, against analyst expectations of just 9.5% growth to $103 billion, a massive beat that pushed shares sharply higher during the conference call. (StockAnalysis)

There are two near-term headwinds worth watching. Cook warned that significantly higher memory costs are expected to impact gross margin in the June quarter and beyond, driven by the global AI data center build-out creating a memory component shortage. Supply constraints on Mac mini and Mac Studio are also expected to persist for several months. (heygotrade)

The earnings call also marked a significant leadership moment. Cook confirmed he will transition to executive chairman on September 1, with hardware SVP John Ternus becoming CEO, and Apple announced the end of its formal net cash neutrality target, authorizing a new $100 billion buyback and raising the quarterly dividend 4% to $0.27 per share. (heygotrade)

After the results were released, shares initially dipped as much as 1.24% before rebounding to a gain of 5.36%, ultimately settling around 1.86% by the end of after-hours trading, with pre-market extending the gains further as investors digested the blowout Q3 guidance.

Formula 1® returns to the U.S. this weekend, streaming live on Apple TV - Apple

Formula 1® returns to the U.S. this weekend with the Miami Grand Prix, streaming exclusively on Apple TV with every session available live.

(apple.com)
Apple announced significant progress in its environmental initiatives, reporting that 30% of materials used in products shipped in 2025 were recycled—its highest level to date. The company also achieved key sustainability milestones, including eliminating plastic from packaging and transitioning بالكامل to fiber-based alternatives, as well as using 100% recycled cobalt in its batteries and recycled rare earth elements in magnets.

As part of its broader “Apple 2030” strategy to achieve full carbon neutrality, the company said its greenhouse gas emissions remain over 60% below 2015 levels despite business growth. Apple also expanded renewable energy use across its supply chain, with suppliers generating more than 20 gigawatts of clean energy, while advancing water conservation efforts by replenishing over half of its corporate water usage.

The company highlighted innovations in recycling technology, including new systems to improve material recovery from old devices, and noted that its newly launched MacBook Neo features 60% recycled content, making it its lowest-carbon laptop to date. Apple added that it continues to scale zero-waste operations across facilities and suppliers, reinforcing its push toward a more sustainable product lifecycle.
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Japan

Bank of Japan Holds Interest Rates Steady as Expected

The Bank of Japan left its benchmark interest rate unchanged at 1.00% on Thursday, in line with market expectations, as policymakers continued to assess the impact of previous rate hikes and the outlook for inflation and economic growth.
Japan's Core Inflation Accelerates, Industrial Output Beats Expectations

Japan's economy showed encouraging signs at the start of Friday's Asian session as both inflation and industrial production exceeded market expectations, reinforcing the view that domestic economic conditions remain resilient.

Tokyo Core Consumer Price Index (CPI), a key leading indicator for nationwide inflation, rose 1.9% year over year in July, above economists' expectations of 1.8% and accelerating from 1.6% in June. The stronger reading suggests underlying inflationary pressures remain firm in Japan's capital and supports expectations that price growth is becoming more sustainable.

Meanwhile, industrial production increased 1.3% month over month in June, outperforming forecasts for a 1.0% increase and rebounding sharply from May's 0.1% gain. The stronger-than-expected production data points to improving manufacturing activity despite ongoing uncertainty surrounding global trade and exports.
BoJ Core CPI Holds Steady at 2.7%, Supporting Expectations for a Cautious Policy Path

Japan's core inflation remained unchanged in the latest reading, with the Bank of Japan's Core CPI rising 2.7% year over year, matching both market expectations and the previous month's figure.

The stable reading suggests underlying inflationary pressures remain resilient but are no longer accelerating. With inflation continuing to stay above the Bank of Japan's 2% target, policymakers are likely to maintain a gradual approach toward further monetary policy normalization rather than rushing to tighten financial conditions.
Japan's Industrial Production Misses Expectations in May

Japan's industrial production rose modestly in May but fell short of market expectations, highlighting continued weakness in the country's manufacturing sector.

Industrial production increased 0.1% month over month in May, below economists' expectations for a 0.5% increase. The reading also slowed from the 0.5% growth recorded in April.
Japan Current Account Surplus Misses Forecasts in May

Japan’s current account surplus came in below market expectations in May, although the country continued to post a solid external balance supported by its trade and overseas investment income.

The seasonally unadjusted current account surplus totaled ¥3.968 trillion, falling short of economists’ expectations for ¥4.121 trillion. However, the figure was slightly higher than the ¥3.908 trillion surplus recorded in April.
Japan Household Spending Beats Expectations in May Despite Annual Decline

Japan’s household spending data delivered a stronger-than-expected performance in May, suggesting domestic consumption showed signs of resilience despite remaining slightly below year-ago levels.

Household spending fell 0.4% year over year, outperforming economists’ expectations for a 2.3% decline and improving slightly from the 0.5% decrease recorded in April. While spending remained lower than a year earlier, the smaller-than-expected decline points to a stabilization in consumer demand.

On a monthly basis, household spending rose 3.7%, well above the 1.4% consensus forecast and accelerating from 1.6% growth in the previous month. The strong monthly rebound indicates consumers increased spending significantly after a softer April.
Japan Services Sector Expands Faster Than Expected in June

Japan’s services sector expanded at a stronger-than-expected pace in June, signaling continued resilience in the country’s largest economic sector.

The S&P Global Japan Services PMI rose to 52.2 in June, beating economists’ expectations of 51.8 and improving from 50.0 in May. A reading above 50 indicates expansion, while a reading below 50 signals contraction.
Japan's Large Manufacturers Boost Capital Spending Plans in Q2 Tankan Survey

Japan's large manufacturers significantly increased their capital expenditure plans in the second quarter, signaling continued confidence in business investment despite an uncertain global economic environment.

The Bank of Japan's Tankan survey showed large companies expect capital spending to rise 11.5% in fiscal 2026, sharply above the previous estimate of 3.3%.
Japan Industrial Production Misses Expectations in May

Japan's industrial production rose 0.5% month over month in May, falling slightly short of the 0.6% market expectation while matching the previous month's 0.5% increase.
Japan's inflation remained steady in June as Tokyo Core CPI, a closely watched indicator of nationwide price trends, matched expectations and accelerated from the previous month.

Tokyo Core CPI rose 1.6% year-over-year in June, in line with economists' forecasts and up from 1.3% in May. The data suggests underlying inflationary pressures remain firm in Japan, supporting expectations that price growth is becoming more sustainable.
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NYSE:CVX

Chevron Shares Rise After Strong Q2 Results Driven by Record Production and Cash Flow

Chevron (NYSE: CVX) shares rose 0.76% on Friday after the energy giant reported strong second-quarter results, supported by record U.S. production, higher oil prices and improved refining performance.

The company reported second-quarter earnings of $12.1 billion, or $6.11 per share, while adjusted earnings came in at $12.0 billion, or $6.06 per share. Cash flow from operations surged to $22.6 billion, reflecting higher commodity prices, record production and increased contributions from recently acquired Hess assets.

Record Production Supports Growth

Chevron delivered record U.S. production during the quarter, while worldwide production increased 20% year over year to more than 4.0 million barrels of oil equivalent per day. The growth was driven by the Hess acquisition and continued expansion in the Permian Basin and Gulf of America.

The company also achieved record crude throughput at its U.S. refineries, with utilization exceeding 97%, supporting strong downstream earnings as refining margins remained favorable.

AI Infrastructure and Cost Savings Highlight Long-Term Strategy

Chevron highlighted continued progress on its long-term strategy, reaching its structural cost reduction target of $3 billion six months ahead of schedule while delivering $1.5 billion of annual run-rate synergies from the Hess acquisition.

The company also signed a 20-year agreement with Microsoft to supply approximately 2.67 gigawatts of dedicated power for a West Texas data center, expanding its exposure to the growing AI infrastructure market.

What to Watch

Investors will continue monitoring Chevron's production growth, integration of Hess assets, capital discipline and execution of major projects tied to AI infrastructure and global energy demand. The company's ability to sustain strong cash generation while returning capital to shareholders remains a key focus.
Chevron and Shell Stocks Rise After Positive Analyst Calls Despite Oil Price Weakness

Shares of major energy companies Chevron (NYSE: CVX) and Shell (NYSE: SHEL) traded higher on Thursday after receiving supportive analyst actions, with investors focusing on their long-term earnings potential despite recent weakness in crude oil prices.

Chevron gained around 2% after Wolfe Research upgraded the stock to Outperform from Peer Perform and set a $210 price target. Analyst Doug Leggate cited confidence in Chevron's high-quality asset portfolio, resilient cash flow generation, and disciplined capital allocation, signaling that the recent pullback in energy shares presents an attractive opportunity for investors.

Meanwhile, Shell advanced approximately 1.6% after TD Cowen reiterated its Buy rating on the stock. The firm reaffirmed its positive view of Shell's diversified business model, highlighting the company's exposure to LNG, upstream production, refining, and energy trading as key strengths that should help support earnings across different commodity price environments.

The analyst actions came as Brent crude remained under pressure this week, with oil prices retreating as geopolitical tensions in the Middle East eased and investors shifted their focus back to global demand fundamentals. Despite the softer commodity backdrop, analysts continue to favor high-quality integrated energy companies with strong balance sheets and shareholder-friendly capital allocation strategies.

# Why CVX and SHEL Stocks Moved Higher

Several factors supported the two energy stocks:

* Wolfe Research upgraded Chevron to Outperform from Peer Perform with a $210 price target.
* TD Cowen reiterated its Buy rating on Shell.
* Analysts expressed confidence in both companies' long-term cash flow generation and disciplined capital allocation.
* Investors continue to favor large integrated energy companies capable of delivering resilient earnings despite lower oil prices.

The positive analyst commentary helped lift both Chevron and Shell shares, outperforming broader energy markets during Thursday's trading session.
Chevron Slips Despite Expanding Into AI Data Center Power Market With Microsoft

Chevron (NYSE: CVX) edged 0.15% lower despite announcing a major strategic move into the rapidly growing AI infrastructure market through a new power-generation project supporting a Microsoft data center.

The company revealed plans to develop a large-scale natural gas-powered facility designed to provide dedicated electricity to a Microsoft data center. The project, being developed with Engine No. 1, represents Chevron's first major step into supplying power directly to AI-driven computing infrastructure.

The announcement is strategically significant because one of the biggest challenges facing the AI industry is access to reliable electricity. As data centers expand to support artificial intelligence workloads, demand for continuous power is rising sharply. Chevron aims to capitalize on this trend by leveraging its natural gas resources and energy expertise to provide dedicated, behind-the-meter power solutions.

While the news highlights a potentially attractive long-term growth opportunity, investors appeared largely unmoved. The project remains in its early stages and is unlikely to have a meaningful near-term impact on Chevron's earnings, which continue to be driven primarily by oil and gas production.

In addition, energy stocks have recently faced pressure from lower crude oil prices following improving prospects for U.S.-Iran diplomacy and expectations of increased global oil supply. Those broader commodity market concerns likely overshadowed the positive AI-related announcement.

Nevertheless, the move demonstrates how traditional energy companies are seeking new growth avenues as artificial intelligence drives unprecedented demand for electricity. If successful, Chevron's partnership with Microsoft could position the company to benefit from one of the fastest-growing segments of the global energy market while diversifying beyond its traditional upstream business.
Chevron Posts Its Biggest Earnings Beat Since 2020 but Gains Are Modest as Hedging Losses Cloud the Picture

Chevron shares are up less than 1% in trading on May 1, a muted reaction to a Q1 2026 earnings report that delivered its biggest EPS beat since October 2020, as investors weighed a sharp year-on-year profit decline and a significant downstream loss against an otherwise solid operational performance.

Chevron reported adjusted EPS of $1.41, crushing the Wall Street estimate of 95 cents per share in the biggest earnings beat in nearly six years. However, reported net income fell 36% year-on-year to $2.2 billion as the company booked a $2.9 billion charge related to financial hedges that proved unfavorable when the Iran war triggered a sudden and massive oil supply disruption. Revenue came in at $48.61 billion, missing the $52.1 billion estimate as lower refining margins weighed on the top line. (Meyka)

The hedging story is the defining narrative of the quarter. Chevron's refining segment swung to a loss of $817 million compared to a profit of $325 million a year ago, due to lower margins, the timing effects on financial hedges and higher transportation costs. These effects are temporary and expected to resolve in subsequent quarters. The upstream business held firm, with production posting a 15% year-on-year increase to 3.9 million barrels per day following the integration of Hess, and upstream earnings growing modestly to $3.9 billion. (Meyka)

Speaking to CNBC, CEO Mike Wirth said the global energy system is under extreme stress and that the world will face rising oil prices until the Strait of Hormuz is reopened. Brent averaged $81 per barrel in Q1, up from $76 a year ago, though much of that benefit was offset by the hedging losses. The average Brent price of $81 also compares favorably with Q4 2025's $64, suggesting Q2 cash flows should be significantly cleaner once the timing effects roll off. (Meyka)

On shareholder returns, Chevron remained disciplined. The company returned $6.0 billion to shareholders in Q1, marking its 16th consecutive quarter above the $5 billion threshold, supported by a structural cost savings program that has already delivered $1.5 billion in savings in 2025 toward a $3 to $4 billion cumulative target by end-2026. (Unusual Whales)
**Chevron Confirms Oil Discovery in Gulf of America**

Chevron Corporation confirmed an oil discovery at the Bandit prospect in the Gulf of America, highlighting continued exploration success in deepwater assets.

The well, located about 125 miles off the Louisiana coast, encountered high-quality oil-bearing reservoirs. The project is operated by Occidental Petroleum, which holds a 45.375% stake, alongside Chevron and Woodside Energy.

The partners are evaluating the discovery’s potential, with possible development through subsea tie-backs to existing nearby infrastructure, which could enhance project economics.

Chevron said the find reinforces the strong resource potential of the Gulf of America and aligns with its strategy of leveraging existing infrastructure to develop high-impact exploration opportunities efficiently.
Chevron has signed lease agreements with the Hellenic Republic to explore four offshore blocks in Greece, strengthening its Mediterranean exploration portfolio.

The blocks are located south of Crete (South Crete 1 and South Crete 2) and offshore the Peloponnese (South of Peloponnese and Block A2). The consortium, in which Chevron holds a 70% operating interest and HELLENiQ ENERGY holds 30%, was selected following an international tender launched by the Greek government in 2025.

Under the lease terms, the consortium will conduct 2D and 3D seismic surveys during the first exploration phase to assess hydrocarbon potential. The agreements are subject to ratification by the Greek Parliament.

Chevron said the award supports its strategy to expand its exploration footprint in the Mediterranean, where it already operates gas-producing assets offshore Israel and is developing the Aphrodite gas field offshore Cyprus. In Egypt, the company operates two exploration blocks and participates in a Mediterranean joint venture.

Earlier in February, Chevron secured an onshore exploration block in Libya and signed memoranda of understanding with Turkey and Syria to evaluate additional opportunities.

The move reinforces Chevron’s focus on frontier exploration and portfolio growth in the Eastern Mediterranean region.
Chevron announced it has entered Libya after being designated the winning bidder for onshore Contract Area 106 in the Sirte Basin as part of the country’s 2025 Bid Round. The award follows a Memorandum of Understanding signed January 24, 2026 with Libya’s National Oil Corporation to evaluate onshore exploration and development opportunities.

The contract area award is subject to execution of a Production Sharing Agreement. Chevron said the move aligns with its strategy to expand high-quality exploration acreage in North Africa and the Eastern Mediterranean.

The company already holds a significant exploration and production portfolio across Africa and the Mediterranean, including positions in Nigeria, Angola, Equatorial Guinea, Namibia, Guinea-Bissau and Egypt, and recently signed an MoU in Syria.

Source: Chevron press release.
Chevron reported solid fourth-quarter and full-year 2025 results, supported by record production and strong cash generation despite lower oil prices.

In Q4 2025, Chevron posted earnings of $2.8 billion, or $1.39 per share, with adjusted earnings of $3.0 billion. Cash flow from operations reached $10.8 billion, while adjusted free cash flow totaled $4.2 billion. For full-year 2025, worldwide and U.S. production rose 12% and 16%, respectively, supported by the Hess acquisition, growth in the Permian Basin, and major project start-ups. Proved reserves increased to about 10.6 billion barrels of oil-equivalent, with a reserve replacement ratio of 158%.

Chevron returned $27.1 billion to shareholders in 2025 through dividends and share repurchases and announced a 4% increase in its quarterly dividend to $1.78 per share, marking the 39th consecutive year of dividend growth.
Chevron has taken a Final Investment Decision to expand the Leviathan offshore gas field in Israel, increasing production capacity to around 21 billion cubic meters per year. The project includes drilling three new wells, adding subsea infrastructure, and upgrading processing facilities, with start-up expected toward the end of the decade. The expansion aims to strengthen energy supply for Israel, Egypt, and Jordan and enhance regional energy security.
Chevron Issues 154.2 Million Dollar Floating Rate Notes Due 2075

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, has issued 154.204 million dollars in floating rate notes maturing on December 9, 2075. The notes, fully and unconditionally guaranteed by Chevron Corporation, were issued under the company’s 2020 base indenture and a new Fifth Supplemental Indenture dated December 9, 2025.

The notes pay interest quarterly beginning March 9, 2026, at a floating rate equal to Compounded SOFR minus 45 basis points, as outlined in the final prospectus supplement.
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S&P 500

US Stocks Slip as Stronger Economic Data Reinforces Fed Caution

U.S. stocks traded modestly lower on Friday, with the S&P 500 falling 0.23%, as investors digested a fresh batch of economic data pointing to resilient economic activity while weighing the implications for Federal Reserve policy.

The latest reports painted a mixed but generally constructive picture of the U.S. economy. Chicago PMI unexpectedly rose to 57.6 in July, beating expectations of 56.0 and improving from 56.7 in June, signaling that manufacturing activity in the Chicago region continued to expand at a healthy pace.

Consumer confidence also showed signs of improvement. The University of Michigan Consumer Sentiment Index increased to 55.2 from 49.5 in the previous month, surpassing the consensus estimate of 54.4. Meanwhile, the Consumer Expectations Index climbed to 55.4 from 50.7, also exceeding forecasts, suggesting households have become more optimistic about future economic conditions.

Inflation expectations offered additional encouragement. The University of Michigan's one-year inflation expectation remained unchanged at 4.2%, improving from the preliminary reading of 4.6% and matching market expectations. The stable inflation outlook may provide some reassurance that inflation pressures are not reaccelerating despite continued economic resilience.

Despite the largely positive data, markets remained under pressure as stronger economic activity could reinforce the Federal Reserve's cautious approach toward future interest rate cuts. Investors are increasingly balancing encouraging growth signals against the prospect that policymakers may keep borrowing costs elevated for longer if the economy continues to outperform expectations.

What to Watch

Markets will continue to monitor upcoming labor market and inflation data for further clues on the Fed's policy path. Investors will also remain focused on corporate earnings and management guidance as companies assess the impact of interest rates, consumer demand and ongoing macroeconomic uncertainty during the second half of the year.
Nasdaq Leads U.S. Markets Higher as Tech Earnings Fuel Rally

U.S. stocks traded broadly higher on Thursday, with the Nasdaq outperforming after another wave of stronger-than-expected corporate earnings reinforced optimism around artificial intelligence, cloud computing and technology spending.

At the time of writing, the Nasdaq was up 1.95%, while the S&P 500 gained 0.78% and the Dow Jones Industrial Average advanced 0.23%.

Technology stocks were the primary drivers of the rally, as investors continued to rotate into AI-related names following another round of upbeat quarterly results. Strong earnings from companies including Microsoft, Lam Research, Trane Technologies, Regeneron and Yum! Brands helped support broader market sentiment, while several companies also raised their full-year guidance, reinforcing confidence in corporate earnings despite ongoing macroeconomic uncertainty.

Industrial and infrastructure-related companies also attracted buying interest. Trane Technologies surged after reporting record bookings and raising its annual outlook, while Air Products advanced after exceeding adjusted earnings expectations and increasing its full-year EPS guidance despite large one-time restructuring charges.

Healthcare was another area of strength, with Regeneron posting double-digit revenue growth driven by Dupixent, EYLEA HD and Libtayo. Meanwhile, Enterprise Products Partners edged higher after reporting record earnings and cash flow supported by strong pipeline and terminal volumes.

Not all earnings reactions were positive. Investors sold shares of several defensive healthcare and consumer companies despite solid quarterly results. Bristol Myers Squibb, Sanofi and Altria all declined after reporting earnings, suggesting investors remain selective and continue to focus on long-term growth prospects rather than headline beats alone.

Attention now turns to the remainder of the earnings season and upcoming economic data, with investors watching whether the current momentum in AI, industrial spending and corporate profitability can continue supporting U.S. equities near record highs.
US Markets Mixed on Tuesday as Dow Climbs While Tech Stocks Weigh on Nasdaq

U.S. stocks traded mixed on Tuesday, with investors rotating away from technology shares while buying more defensive and cyclical names. The Dow Jones Industrial Average outperformed the broader market, gaining 0.68%, while the S&P 500 slipped 0.20%. The Nasdaq Composite lagged, falling 1.05% as weakness in large-cap technology stocks pressured the index.

The divergence between the major indexes suggests investors are becoming more selective following the strong rally in AI and semiconductor stocks over recent months. Profit-taking in technology names weighed on the Nasdaq, while strength in industrial, financial, healthcare, and other value-oriented sectors helped lift the Dow into positive territory.

Technology remained the primary drag on the broader market, with investors trimming exposure ahead of another busy stretch of corporate earnings. Several AI-related and semiconductor companies have reported strong results, but elevated valuations continue to leave little room for disappointment, leading to increased volatility across the sector.

Meanwhile, the Dow’s advance reflected continued interest in companies with more stable earnings profiles. Investors appeared willing to rotate into sectors viewed as less sensitive to lofty growth expectations while still maintaining exposure to the broader U.S. economy.

The mixed session also comes as markets continue to digest the latest earnings releases and assess the outlook for corporate profits through the remainder of 2026. With many companies either raising or reaffirming guidance, stock-specific reactions have become a more important driver than broader macroeconomic themes.

Looking ahead, investors will remain focused on upcoming earnings reports from major technology companies, additional economic data, and any signals that could influence expectations for Federal Reserve policy. Whether the recent rotation away from high-growth technology stocks continues will likely determine the near-term direction of both the Nasdaq and the broader market.
S&P 500 Sector Performance Today: Communication Services Lead While Technology and Energy Weigh on the Market

The S&P 500 traded little changed on Monday, edging up just 0.02% in early afternoon trading as investors rotated between sectors ahead of a busy week featuring the Federal Reserve's policy decision, major technology earnings, and key U.S. economic data. Broader market sentiment was supported by easing geopolitical tensions following the pause in hostilities between the U.S. and Iran, although weakness in semiconductors and energy stocks limited gains.

Communication Services emerged as the market's strongest-performing sector, gaining 2.06%. The advance was driven by strength in large-cap names such as Alphabet, while investors also positioned ahead of this week's earnings from several technology and internet giants. Consumer Staples followed with a 1.29% gain, reflecting continued demand for defensive stocks, while Financials (+0.88%) and Health Care (+0.87%) also outperformed as investors favored companies reporting solid quarterly earnings.

Consumer Discretionary added 0.75%, supported by improving risk appetite and lower oil prices, which tend to benefit retailers, travel companies, and other consumer-focused businesses. Materials posted a modest 0.20% gain as commodity markets remained relatively stable.

On the downside, Information Technology was the weakest major sector, falling 1.09%. The decline was largely driven by renewed selling pressure in semiconductor stocks following concerns over China's rapidly advancing domestic chip industry and the blockbuster debut of memory chipmaker CXMT. Nvidia, AMD, ASML and several other chip-related companies remained under pressure despite broader market resilience.

Energy shares dropped 1.61%, making the sector the second-worst performer of the day. The decline followed a sharp fall in crude oil prices after the U.S. and Iran paused hostilities, easing concerns over potential supply disruptions in the Middle East. Lower oil prices weighed on major oil producers while boosting sectors that benefit from reduced fuel costs.

Overall, today's sector performance highlights a market that remains balanced between optimism over easing geopolitical risks and caution surrounding the technology sector. Investors are now turning their attention to this week's Federal Reserve meeting and earnings reports from several mega-cap technology companies, which are likely to determine the market's direction over the coming days.
U.S. Stock Futures Advance as Earnings Optimism and Middle East De-escalation Lift Sentiment

U.S. stock futures traded higher as investors looked ahead to another busy week of corporate earnings while welcoming signs of easing geopolitical tensions in the Middle East.

Nasdaq futures led the gains, rising 1.19%, while S&P 500 futures added 0.63% and Dow futures advanced 0.48%. The stronger performance in Nasdaq futures reflected continued optimism toward technology and artificial intelligence-related stocks.

Investor sentiment has been supported by a strong start to the second-quarter earnings season. Major U.S. banks, including JPMorgan Chase, Goldman Sachs, Citigroup, and Wells Fargo, reported better-than-expected quarterly results, highlighting resilient consumer activity, robust investment banking fees, and strong trading revenue despite a mixed macroeconomic backdrop.

Markets also continue to benefit from last week’s softer-than-expected U.S. inflation data, which strengthened expectations that the Federal Reserve could begin lowering interest rates later this year. Lower borrowing costs would likely provide additional support for equity valuations, particularly in growth-oriented sectors.

Geopolitical developments also remain in focus. Investor sentiment improved after the United States halted its military attacks on Iran, reducing concerns that the conflict could escalate into a broader regional confrontation. The de-escalation has helped ease fears over global energy supplies, contributing to a pullback in oil prices from last week’s highs and supporting broader risk appetite.

As U.S. cash markets prepare to reopen later on Monday, investors will closely monitor another wave of corporate earnings, particularly from technology and industrial companies, along with any new developments on U.S. trade policy, Federal Reserve expectations, and geopolitical events that could influence market direction.
U.S. Stocks Mixed as Softer Inflation Boosts Tech While Dow Lags

U.S. stocks traded mixed in early trading on Tuesday as investors reacted to a softer-than-expected June inflation report that strengthened expectations for Federal Reserve interest rate cuts.

The Nasdaq gained about 0.8%, supported by technology and growth stocks that typically benefit from lower interest rates. The S&P 500 also moved modestly higher, while the Dow Jones Industrial Average slipped slightly as investors rotated away from some defensive and value-oriented sectors.

Markets welcomed the June CPI report, which showed headline inflation fell 0.4% month over month, while annual inflation slowed to 3.5%. Core inflation also came in below expectations, with monthly core CPI unchanged and annual core inflation easing to 2.6%. The weaker inflation data reinforced expectations that the Federal Reserve could begin easing monetary policy sooner than previously anticipated.

Technology stocks led gains across the broader market as lower interest rate expectations improved the outlook for high-growth companies. Investors also continued to monitor corporate earnings season, with company-specific results driving notable moves across individual stocks.

Meanwhile, geopolitical developments remained in focus. Recent tensions between the United States and Iran continue to be monitored by investors, particularly after the exchange of military strikes over the past week. Although markets have largely shifted their attention back toward economic data and earnings, any renewed escalation could quickly affect risk sentiment and commodity prices.

Investors will continue watching upcoming economic releases, Federal Reserve commentary, and second-quarter earnings reports for further direction as markets assess the outlook for interest rates and corporate profitability.

Earnings season is about to kick off — 2 charts reveal how it may go

Wall Street is expecting a tranquil earnings season.

(finance.yahoo.com)

Stock market today: Dow rises, S&P 500 and Nasdaq slip as US and Iran exchange fire, oil jumps

Markets were subdued ahead of a busy week for markets, with inflation reports, bank earnings, and geopolitical risk hanging in the balance.

(finance.yahoo.com)
U.S. Markets Trade Mixed as Investors Monitor U.S.-Iran Conflict and Await Earnings Season

U.S. stocks traded mixed on Monday as investors balanced escalating geopolitical tensions in the Middle East against expectations for upcoming corporate earnings and a resilient U.S. economy.

The S&P 500 slipped 0.23%, while the Nasdaq declined 0.88% as technology stocks came under pressure. The Dow Jones Industrial Average outperformed, edging 0.20% higher with support from industrial and defensive shares.

Investor sentiment remained heavily influenced by the latest developments in the U.S.-Iran conflict. Military exchanges between the two countries intensified in recent days, with both sides carrying out missile and drone strikes and uncertainty surrounding shipping through the Strait of Hormuz continuing to fuel concerns over global energy supplies. The renewed escalation has pushed oil prices higher and added to inflation concerns, although markets remain hopeful that the conflict will not significantly disrupt global crude exports.

On the macroeconomic front, investors continued to digest recent data showing a mixed but generally resilient U.S. economy. Last week’s weaker-than-expected nonfarm payrolls and softer services activity reinforced expectations that the Federal Reserve could still ease monetary policy later this year. At the same time, moderating inflation indicators have helped support the broader outlook for risk assets.

The market is also shifting its focus toward the upcoming second-quarter earnings season, with major U.S. banks set to report results next week. Investors will closely watch corporate guidance for signs that earnings growth can continue despite elevated interest rates, geopolitical uncertainty, and higher energy prices.

Although the major indexes remain near record levels, today’s mixed performance reflects a cautious market environment as investors weigh the economic impact of rising geopolitical tensions against a still-solid U.S. economic backdrop. The direction of the U.S.-Iran conflict, oil prices, and the start of earnings season are likely to remain the primary drivers of market sentiment in the coming days.
US Stocks Edge Higher as Tech Shares Lead Early Gains

U.S. stocks traded modestly higher in early trading on Thursday, with technology shares helping lift the broader market as investors reacted to a fresh wave of corporate earnings and analyst upgrades.

The S&P 500 gained 0.15%, while the Nasdaq advanced 0.20%, outperforming the major indexes thanks to strength in semiconductor and AI-related stocks. The Dow Jones Industrial Average also moved higher, rising 0.10%.

Semiconductor Stocks Extend AI Rally

Chip equipment makers led the market higher after several positive analyst actions.

Lam Research (NASDAQ: LRCX) surged in premarket trading after Mizuho raised its price target to $400 and reiterated its *Outperform* rating. Applied Materials (NASDAQ: AMAT) also received a higher price target from Mizuho, while Dell Technologies (NYSE: DELL) benefited from Evercore's reaffirmed *Outperform* rating and new $500 price target, adding to optimism surrounding continued AI infrastructure investment.

The gains reflect ongoing confidence that semiconductor capital spending will remain strong as demand for AI processors, advanced memory, and next-generation data center infrastructure continues to expand.

Earnings Drive Individual Stock Moves

Corporate earnings remained a key driver of early trading.

Simply Good Foods (NASDAQ: SMPL) soared after investors welcomed results that exceeded management's expectations despite lower year-over-year earnings, suggesting confidence in the company's turnaround strategy.

On the downside, PepsiCo (NASDAQ: PEP) declined after investors focused on softer underlying earnings growth and continued margin pressure despite higher revenue and reaffirmed full-year guidance. Northern Technologies International (NASDAQ: NTIC) also traded sharply lower after reporting a quarterly loss caused by margin compression from elevated raw material costs.

Investors Await More Earnings and Economic Data

Market participants remain focused on the upcoming earnings season as investors assess whether corporate profits can continue to support record equity valuations. At the same time, traders are monitoring economic data and Federal Reserve expectations for further clues on the outlook for interest rates.

The combination of resilient AI-related technology stocks and mixed earnings reactions across other sectors is helping keep the broader market in positive territory during Thursday's opening session.
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NASDAQ:COIN

Coinbase Stock Falls 4.8% Despite Record Market Share and Growing Revenue Diversification

Coinbase (NASDAQ: COIN) shares fell 4.8% on Friday despite reporting another solid quarterly update that highlighted record trading market share, accelerating growth in non-trading businesses and continued profitability. The decline suggests investors focused on the softer cryptocurrency trading environment and broader weakness in crypto-related stocks rather than the company's improving fundamentals.

Coinbase reported its third consecutive quarter of record crypto trading volume market share, reaching 10.3% in the second quarter despite softer overall market activity. The company also posted its 14th consecutive quarter of positive adjusted EBITDA, underscoring continued cost discipline through the crypto cycle.

Business Continues to Diversify Beyond Bitcoin Trading

A key takeaway from the quarter was Coinbase's increasing revenue diversification. The company said 88% of net revenue now comes from sources other than Bitcoin spot trading, reflecting a business that is becoming less dependent on Bitcoin price movements.

Subscription and Services revenue reached $555 million and accounted for 48% of net revenue, compared with just 29% less than two years ago. Stablecoin activity also continued to expand, with average USDC balances on Coinbase products reaching a record $20 billion, while prediction markets revenue more than doubled from the previous quarter.

AI, Stablecoins and Derivatives Support Long-Term Growth

Coinbase highlighted strong momentum across several strategic initiatives. Crypto derivatives gained market share for a third consecutive quarter, stablecoin transaction volumes continued to accelerate, and AI-driven engineering efficiencies improved product development while helping the company reduce its expected full-year adjusted expense guidance.

Management emphasized that Coinbase is evolving into a broader financial infrastructure platform serving consumers, institutions, developers and governments, rather than remaining solely a cryptocurrency exchange.

What to Watch

Despite the share price decline, Coinbase's latest results suggest the company continues to strengthen its competitive position even during weaker crypto market conditions. Investors will closely monitor cryptocurrency trading activity, stablecoin adoption, derivatives growth and continued expansion of subscription-based revenue as key drivers of long-term earnings growth.
Coinbase Slips in Pre-Market as Revenue and Earnings Miss Overshadow Market Share Gains

San Francisco, May 8, 2026 — Shares in Coinbase Global fell 2.36% in pre-market trading on Thursday, extending an after-hours decline, after the cryptocurrency exchange reported a first quarter defined by broad misses on revenue and earnings — the inevitable result of a sharp pullback in crypto trading volumes during the period.

Revenue came in at $1.41 billion, falling roughly 6% short of analyst consensus of around $1.51 billion and representing a 30.5% decline year-over-year as crypto market capitalization and trading volumes fell more than 20% quarter-over-quarter. Transaction revenue of $755.8 million missed estimates of around $805 million, and subscription and services revenue of $583.5 million also fell short. The GAAP net loss of $394 million, or $1.49 per share, was dramatically worse than the small profit analysts had expected, with $482 million in unrealized losses on crypto assets held for investment — tied to Bitcoin's slide during the quarter — acting as the primary drag. Adjusted EBITDA of $303 million missed the $398 million consensus by nearly 24%.

Coinbase's company letter leaned heavily on strategic milestones, and they were real: trading volume market share hit an all-time high of 8.6%, derivatives volumes grew 169% year-over-year, and prediction markets reached $100 million in annualized revenue within two months of launch. Base, its layer-2 blockchain, processed 62% of global onchain stablecoin transaction volume. These are the kinds of infrastructure gains that matter in the long run. But in a quarter where the headline numbers missed badly, they offered cold comfort to investors.

Q2 guidance added little reassurance, with transaction revenue of approximately $215 million recognized quarter-to-date through May 5, implying another soft quarter if current market conditions persist. The muted pre-market decline likely reflects that much of the bad news was already priced in after after-hours selling drove the stock down nearly 5% on the initial print.
Citi Partners with Coinbase to Develop Digital Asset Payment Solutions for Global Clients

Citigroup Inc. (NYSE: C) announced a collaboration with Coinbase to build digital asset payment capabilities for its institutional clients. The partnership will focus initially on streamlining fiat pay-ins and pay-outs through Coinbase’s on/off ramps, enhancing the connection between traditional finance and digital assets.

The two firms aim to develop 24/7 payment infrastructure supporting both fiat and stablecoin transactions, expanding accessibility for Citi’s global client base. Future initiatives will include exploring new methods for fiat-to-stablecoin payouts.

Debopama Sen, Citi’s Head of Payments and Services, said the collaboration extends Citi’s “network of networks” strategy across its 94 global markets. Brian Foster, Coinbase’s Global Head of Crypto as a Service, added that the partnership combines Citi’s payment reach with Coinbase’s digital asset expertise to “build infrastructure for the next generation of financial services.”

The move reinforces Citi’s efforts to expand real-time payment solutions, following the rollout of Citi Token Services and 24/7 USD Clearing.

VantagePoint Vantagepoint A.I. Hot Stocks Outlook for August 1, 2025 Stocks $BRO, $COIN, $CAT, $NFLX, $SPOT, $WDC and $IWM

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(vantagepointsoftware.com)
PayPal and Coinbase Expand Stablecoin Partnership

PayPal and Coinbase have deepened their partnership to boost adoption of the PayPal USD (PYUSD) stablecoin. The collaboration will enable:

- Fee-free PYUSD transactions on Coinbase, with 1:1 USD redemptions
- New payment innovations for global money movement and commerce
- Exploration of DeFi use cases using PYUSD across decentralized platforms

The move is part of a broader push to grow PYUSD's utility and adoption among developers, businesses, and consumers.

PYUSD is issued by Paxos Trust Company and is backed by U.S. dollar reserves, including Treasuries and equivalents.

Both firms emphasized their long-term goal of mainstreaming stablecoin-based solutions in digital finance.
Coinbase Global, Inc. (Nasdaq: COIN) announced that it has reached an agreement in principle with the U.S. Securities and Exchange Commission (SEC) to dismiss its ongoing litigation. This agreement, still subject to approval by the SEC’s Commissioners, would result in the case being dismissed with prejudice.

The litigation originated in June 2023 when the SEC filed a complaint against Coinbase and its subsidiary, Coinbase, Inc., alleging violations related to operating as an unregistered securities exchange, broker, and clearing agency, as well as offering and selling unregistered securities through its Staking program. A ruling by the U.S. District Court for the Southern District of New York in March 2024 denied Coinbase’s motion to dismiss most of the SEC’s claims but dismissed allegations concerning Coinbase’s Wallet application.

Following an appeal process initiated by Coinbase in April 2024, the District Court certified an interlocutory appeal in January 2025, temporarily staying the proceedings. The SEC was granted an extension until March 14, 2025, to respond to Coinbase’s petition in the Court of Appeals.

Coinbase announced the agreement in principle on February 21, 2025, signaling a potential resolution to the legal dispute. The company has provided further details through its blog and social media channels, though it clarified that such information is not incorporated into its SEC filings.

Forward-looking statements in Coinbase’s report caution that the agreement is not yet final and remains subject to SEC approval. The company has stated it will not provide additional updates unless legally required.
Coinbase has secured regulatory approval in the UK under the Financial Conduct Authority (FCA), allowing it to expand its services in one of the world’s leading financial markets. This license enables the company to operate under the UK’s anti-money laundering and counter-terrorism financing regulations, reinforcing its commitment to compliance amid increasing scrutiny of digital asset firms. The approval strengthens Coinbase’s position in Europe and aligns with its broader strategy to establish a presence in key global markets while ensuring regulatory adherence.
Fourth Quarter and Full-Year 2024 Earnings Call
February 13, 2025 5:30 PM ET
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