Today's Large Cap Stocks Pulse
Kraft Heinz appears vastly undervalued despite market share losses
Three independent valuation models peg Kraft Heinz’s intrinsic equity value between $51 billion and $54 billion, far above its current $28 billion market capitalization. The company, however, is losing U.S. market share and its earnings are under pressure, making free‑cash‑flow forecasts uncertain.
Dow Jones Futures: Seagate, Bloom Energy, Teradyne Lead Earnings Movers As Oil Prices Jump
Dow Jones futures were flat on Wednesday while S&P 500 and Nasdaq futures nudged higher, even as crude oil surged past $100 a barrel amid geopolitical tension. Hard‑drive maker Seagate, fuel‑cell company Bloom Energy and chip‑equipment supplier Teradyne posted earnings that comfortably beat expectations, yet their stocks slipped modestly in pre‑market trade. The market remains cautious ahead of the earnings season for Alphabet, Amazon, Meta and Microsoft, and investors are watching the Federal Reserve’s upcoming comments for clues on monetary policy.
Q1 2026 Earnings Conference Call Recaps: UPS (UPS)
UPS posted a record $3 billion revenue in Q1 2026 despite an 8% drop in U.S. package volume, as it trims low‑margin e‑commerce shipments and pivots to higher‑margin B2B, SMB, and healthcare logistics. The company’s restructuring targets $3 billion in cost savings...
Visa Posts Double‑digit Earnings Growth and $20B Buyback
$V Q2’26 EARNINGS up 4% everyone • Revenue $11.23B vs $10.74B ✅ • Adj EPS $3.31 vs $3.10 ✅ • Payments Volume +9% • Cross-Border +12% • Transactions 66.1B vs 66.39B ⚠️ Highlights: • Strong double-digit growth (+17% rev, +20% EPS) • Cross-border still leading (high-margin driver) •...
Alexandria Real Estate Equities Posts Q1 Profit, FFO Surges to $3.73 per Share
Alexandria Real Estate Equities (ARE) posted a first‑quarter net profit of $358.9 million, or $2.10 per share, reversing a $11.6 million loss from a year earlier. Funds from operations (FFO) jumped to $3.73 per share, more than double the $1.65 per share...
Spotify Beats Q1 Revenue Forecast but Guidance Triggers 13% Stock Drop
Spotify reported Q1 2026 revenue of €4.53 billion ($5.3 billion), up 8% YoY, and added 3 million premium subscribers to reach 293 million. Despite the beat, the company’s modest Q2 guidance and a dip in ad‑supported revenue sparked a 13% plunge in its stock.
Nasdaq Nosedives as OpenAI Is Off Target: Stock Market Today
U.S. equity markets slipped on Tuesday, with the Nasdaq Composite dropping 0.9% to 24,663 while the Dow and S&P 500 fell modestly. The decline was driven by a sharp sell‑off in AI‑linked stocks after the Wall Street Journal reported that OpenAI...
Bed Bath & Beyond Q1 2026 Revenue Rises 7% as Net Loss Narrows to $16.4M
Bed Bath & Beyond reported first‑quarter 2026 revenue of $247.8 million, up 6.9% year‑over‑year, while net loss narrowed to $16.4 million. Management highlighted cost reductions, AI‑driven efficiencies and ongoing store‑footprint optimization as the drivers of the modest rebound.
Amkor Posts Record Q1 2026 Revenue of $1.68 Bn, Up 27% YoY
Amkor Technology announced Q1 2026 revenue of $1.68 bn, a 27% year‑on‑year increase and a new record across all end markets. The semiconductor packaging firm highlighted double‑digit growth in communications and AI‑driven computing segments, while projecting Q2 revenue of $1.75‑$1.85 bn.
Earnings Season Rolls On: Who Is Reporting After the Bell
Today's earnings roster reads like a macroeconomic litmus test, featuring companies whose performance reflects consumer confidence, discretionary spending, and industrial health. Visa, Starbucks and Mondelēz serve as gauges of global and household purchasing power, while NXP Semiconductors and Teradyne tie...
Intel Reports Better-Than-Expected Results Due to Strong AI Demand
Intel posted a strong Q1 2026, with revenue climbing 7% to $13.6 billion, topping analysts’ expectations by over $1 billion. Non‑GAAP earnings per share surged to $0.29, far exceeding the $0.01 consensus. Growth was driven by robust demand for the new Series 3...
From Coke to GM: Decode the Q1 Earnings Wave Through ETFs
The first‑quarter earnings season showcased strength beyond the tech‑heavy Magnificent Seven, with Coca‑Cola, BP, Spotify, General Motors and UPS all posting solid results. Coca‑Cola beat EPS expectations and raised its full‑year outlook, while BP delivered a $3.2 billion net income and...
REC Posts Record ₹162.8 Billion Profit, Declares Highest Dividend
REC Ltd, the Indian state‑run financier, posted a record net profit of ₹162.8 billion (about $1.96 billion) for FY2025‑26, its highest ever. The firm’s loan sanctions jumped 21% to ₹4.09 trillion (~$49 billion) and disbursements rose 10% to ₹2.11 trillion, while its net worth climbed...
Centene Hikes 2026 Profit Guidance After Buoyant Q1
Centene posted Q1 adjusted earnings of $3.37 per share, far surpassing analysts’ $2.25‑$2.30 expectations, driven by rate hikes that offset a 2‑million drop in ACA enrollment. Net profit rose 18% to $1.5 billion on revenue of $49.9 billion, prompting the company to...
Mega Caps Dominate Again, Narrowing Market Breadth
We have seen a violent return to concentrated, large cap dominance since the start of this month (the little tick down at the end of the series). The chart is equal weight vs market cap: Rising ratio → the average...
Buyside Bogeys (Wed 4/29): GOOGL, MSFT, META, AMZN, ETSY, EBAY
A cluster of heavyweight tech stocks—Alphabet (GOOGL), Microsoft (MSFT), Meta (META), Amazon (AMZN), Etsy (ETSY) and eBay (EBAY)—are flagged as "bogeys" ahead of tomorrow’s earnings releases. Analysts anticipate each company could miss consensus expectations, driven by slowing ad revenue, decelerating...
NZX Debuts S&P/NZX 20 Futures, Closing 30‑Year Derivatives Gap
The New Zealand Exchange (NZX) launched the S&P/NZX 20 Index Futures, the country's first liquid equity futures contract in three decades. The product lets investors hedge and gain exposure to the 20 most liquid New Zealand stocks, ending a long‑standing market void.
Advantest Shares Slide 6.9% After AI‑Chip Tester Outlook Miss
Advantest Corp., the leading supplier of test equipment for AI accelerators, saw its shares tumble up to 6.9% after issuing a weaker‑than‑expected outlook and citing continued capacity constraints. The move comes despite a 50%+ rally this year and recent record...
Nvidia's $5 T Market‑Cap Surge Drives S&P 500 and Nasdaq to Record Highs
Nvidia’s share price jumped to $216, restoring a $5 trillion market cap and propelling the S&P 500 to a fresh 7,174 record and the Nasdaq to 24,887. The rally came amid AI‑driven optimism, a looming Fed decision and heightened Middle‑East tensions.
S&P 500 Nudges to Fresh Record as Brent Climbs Above $108, Energy Stocks Lead
The S&P 500 inched 0.1% to a new all‑time high and the Nasdaq added 0.2% as Brent crude surged past $108 a barrel, lifting energy stocks. The rally comes amid a tense Iran‑Hormuz standoff and a packed earnings calendar that...
Deutsche Börse Confirms 2026 Guidance as Q1 Profit Rises 11% to €585 M
Deutsche Börse Group kept its 2026 guidance unchanged after posting a first‑quarter net profit of €585 million, an 11% rise from the prior year. The results, driven by higher EBITDA and solid earnings per share, signal confidence in the firm’s core...
Greg Abel’s Omission of Bank of America Signals Possible Exit From Berkshire’s Former No. 2 Holding
Greg Abel, Berkshire Hathaway’s new chief executive, left Bank of America off the list of “forever” stocks in his first shareholder letter, suggesting the conglomerate may fully exit its former No. 2 holding. The move follows a series of share sales...
Tech AI Fuels S&P Highs as Breadth Stays Modest
For the markets, last week was more of the same, with strong momentum in the tech/AI space propelling the market away from concerns about oil shortages as the Strait of Hormuz remains mostly shut. Per the heat map below, the...
GM Raises 2026 Outlook After Tariff Ruling
General Motors reported first‑quarter 2026 revenue of $43.62 bn, a 0.9% YoY decline, while adjusted EBIT jumped 21.9% to $4.25 bn. The automaker raised its full‑year adjusted EBIT outlook to $13.5‑$15.5 bn after a U.S. Supreme Court decision trimmed tariff costs by $0.5 bn....
WPP Says Turnaround Is Making Early Progress, but There’s a Long Road Ahead
WPP released its first trading update since the February Elevate28 overhaul, showing early signs of progress but acknowledging a long path ahead. Like‑for‑like revenue fell 6.7% to £2.3 bn (about $2.9 bn) and media revenue dropped 8.5% as major clients left. The...
Denso Grows FY2026 Revenue and Profit
Denso announced FY2026 consolidated revenue of ¥7.54 trillion (≈$47 bn), up 5.3% year‑on‑year, and operating profit of ¥552.5 billion (≈$3.5 bn), a 6.5% increase. The company lifted its dividend to ¥67 per share and projects FY2027 revenue of ¥7.67 trillion (≈$48 bn) with operating profit of...
Demand Surge Fuels Taiwan Semiconductor Manufacturing Company’s (TSM) Rally
Taiwan Semiconductor Manufacturing Company (TSM) posted a 25% revenue jump in Q1 2026, with March sales up 45% year‑over‑year, as AI compute demand accelerates. The stock surged 18.81% in the past month and 135.98% over the last 52 weeks, closing...
Citi Lowers Price Target On Palantir Ahead Of Q1 Earnings Report
Citi analyst Tyler Radke lowered Palantir’s price target to $210 from $260, citing broader software‑sector weakness despite the company’s strong growth trajectory. He still expects Palantir to beat Q1 estimates, projecting EPS of $0.28 and revenue of $1.54 billion, driven by robust...
UPS Posts Second Quarter Earnings Decline
UPS reported first‑quarter 2026 revenue of $21.2 billion, down 1.6% year‑over‑year, while basic earnings per share rose to $1.07, beating estimates. Operating profit slipped 23.9% to $1.267 billion. International package revenue grew 3.8%, but U.S. domestic and supply‑chain segments declined. CEO Carol...
UPS International Revenue up, While Domestic Drops
United Parcel Service reported first‑quarter 2026 international package revenue up 3.8% to $4.4 bn, yet operating profit fell 14.4% to $547 m as expenses rose. Domestic revenue slipped 2.3% to $14 bn and profit plunged 47.4% to $515 m, with only a modest 1%...
Truck Sales Drive GM’s Q1 Profitability as Company Raises Earnings Guidance
General Motors posted a 21.9% jump in adjusted Q1 earnings, driven by a dominant 42% U.S. full‑size pickup market share. Revenue slipped 0.9% to $43.6 billion, while net income fell 5.7% to $2.6 billion after a $1.1 billion settlement with EV suppliers. Adjusted...
OpenAI Revenue Report Stings AI Stocks. Why Oracle Stock Is Falling Sharply.
Oracle shares fell more than 3% after a Wall Street Journal report revealed OpenAI missed its revenue and user targets, casting doubt on a reported $300 billion cloud‑computing contract. The shortfall threatens Oracle’s AI‑cloud growth strategy, which underpins a large portion...
How the Iran War Boosted Profits at BP and Barclays
BP’s first‑quarter underlying replacement‑cost profit more than doubled to $3.2 bn, driven by an oil‑trading boom as Brent crude surged to $120 per barrel amid the Iran war. Production remained steady at about 2.3 million barrels of oil equivalent per day, with...
Tesla Beats EPS but Misses Revenue; Stock Holds Near‑Term Levels
Tesla reported earnings that topped analysts' EPS expectations while revenue lagged, yet the stock barely moved. The high‑valuation EV maker leans on AI and robotaxi ambitions to sustain investor interest despite a 16% YTD decline.
BlackRock Flips Global Allocation Fund to Net‑long AI Options in $17 B Strategy
BlackRock has moved its $17 billion Global Allocation Fund from a net‑short to a net‑long position in equity options tied to artificial‑intelligence (AI) stocks. The shift comes as the fund reduces cash equity exposure while expanding its options book, marking a...
Ackman's Pershing Square Puts 27% of Assets in Meta and Uber AI Plays
Bill Ackman's Pershing Square Capital Management has concentrated roughly 27% of its portfolio in two AI‑focused equities—Meta Platforms and Uber Technologies. Wall Street analysts see 50% to 100% upside in those stocks, prompting a debate over the fund’s risk exposure...
BP's Profit More Than Doubles in Q1 as US Gas Prices Rise
BP reported first‑quarter profit of $3.84 billion, more than five times the $687 million earned a year earlier, as U.S. gasoline prices surged to a yearly high of $4.18 per gallon amid the ongoing Iran‑Saudi conflict. Adjusted earnings reached $1.24 per share,...
Domino's Q1 2026 Revenue Rises 3.5% as Same‑Store Sales Edge Higher
Domino's Pizza posted a 3.5% revenue increase to $38.5 million and a 9.6% jump in income from operations for Q1 2026, while same‑store sales grew 0.9% in the U.S. and fell 0.4% internationally. The company added 180 net stores worldwide and approved...
Bank Millennium Posts $72 M Q1 Profit, Beats Forecast as Polish Banking Gains Momentum
Bank Millennium announced a first‑quarter profit of PLN 301 million ($72 million), up from PLN 179 million a year earlier, while revenue slipped 0.7% to PLN 1.595 billion. The earnings beat lifts sentiment toward Poland’s banking sector and puts pressure on peers to deliver similar growth.
Verizon Breaks a 13-Year Curse in a Promising Q1
Verizon reported its first positive postpaid phone net additions in Q1 2026, adding 55,000 devices after a 13‑year streak of declines. The carrier posted adjusted EBITDA of $13.4 billion, free cash flow of $3.8 billion, and adjusted EPS of $1.28. Total wireless...
Novartis Dips As Generics Take A Bite Out Of Its First-Quarter Sales
Novartis reported first‑quarter sales of $13.11 billion, a 5% decline that missed the $13.44 billion consensus. Core earnings fell 13% to $1.99 per share, below analysts' $2.10 expectation. The company blamed U.S. generic erosion for the shortfall but kept its outlook for...
JPM and GS Beat Q1 Yet Stocks Fell—Mispricing Alert
$JPM and $GS just smashed Q1 2026. Both beat revenue. Both beat EPS. Both stocks fell. That's the kind of mispricing my system was built for. Full breakdown — what changed in my BuyTrigger system on both names: https://dralexkoh.substack.com/p/jpmorgan-and-goldman-sachs-just-became?r=4zq7nk
Spotify Q1 EPS Soars 222% with Margin Expansion
Spotify Q1’26: EPS crush + margin expansion stand out $SPOT Revenue came in at €4.53B, +8.2% YoY. Operating margin reached 16%, up 360 bps YoY. Net margin hit the same level, expanding over 10 points. Cost discipline is clearly working. SG&A...
Starbucks Beats Forecasts, Shows Ste
$SBUX: “Back to SBUX” strategy working w a nice beat/raise against fairly high expectations. Total SSS +6.2% w US +7.1% - whisper was 6%. Intl & China also beat. OM at 9.4% vs. 8.2% y/y - showing gradual improvement. EPS...
Starbucks' Top 10 International Markets Finally Post Positive Same‑Store Sales
All 10 of Starbucks' 10 largest international markets generated positive same-store sales for the first time in nine quarters last period. $SBUX
Starbucks Margins Rise Thanks to Growth and Cost Discipline
Starbucks margins are up "We have more work to do, but we're pleased to see the combination of our comp growth and cost discipline starting to show up in margins" - CFO https://t.co/9xXd09aYXO
Airport Traffic Boosts Starbucks Licensed Same‑store Sales
Strong airport demand led to improving same-store sales in the Starbucks licensed business last quarter. $SBUX
Earnings Power Drives Market to New Highs Amid Conflict
Why didn't the stock market fall further in the face of a war in the Middle East and an oil price spike? Why are we already back at new all-time highs? In a word -- earnings https://t.co/qfWzRKurxU https://t.co/2MrOBldvIL
Top 10 US Firms Hold >40% of S&P 500
10 largest US companies back > 40% of total S&P 500 market cap @augurinfinity https://t.co/yyCg7bayuE
OpenAI IPO Delay Pulls Oracle, Nvidia Lower
As @OpenAI says that they are falling short of their IPO plans, OpenAI contagion drags tech stocks down, especially the ones which are heavily intermingled with it. @Oracle is down 4%, @nvidia is lower by 3.5%.
Spotify Reaches 293M Premium Users, 761M MAU
Earnings: Spotify Hits 293 Million Premium Subscribers in Q1 PRO The music streaming giant reaches a total of 761 million monthly active users @TheWrap