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.
Salesforce Shares Slip 3.4% as Earnings Beat Meets Cautious Outlook
Salesforce (CRM) fell 3.4% to $164.99 in mid‑day trading after reporting earnings that beat estimates but included a muted outlook. The move pressured the broader tech‑heavy S&P 500 and Nasdaq, highlighting investor sensitivity to guidance even when top‑line results exceed forecasts.
Micron Sells Out 2026 HBM Capacity, Locks in Pricing Power and 47% Margin
Micron announced that its entire 2026 high‑bandwidth memory (HBM) production is sold out under binding contracts, securing premium pricing and lifting non‑GAAP operating margin to 47%. The move underpins a broader shift from cyclical memory supply to AI‑infrastructure leadership, boosting...
TSMC Posts Record Q1 Revenue Surge of 35%‑45% on AI Demand, Beats Forecasts
Taiwan Semiconductor Manufacturing Co. announced first‑quarter revenue of T$1.134 trillion (US$35.7 bn), a 35% year‑on‑year increase and a 45% surge in March alone, outpacing analysts’ estimates. The growth reflects booming AI‑related chip orders from hyperscalers and device makers, reinforcing TSMC’s role as...
Hong Kong Stocks Climb as Chip Makers Surge and CITIC Securities Gains Over 10%
Hong Kong's Hang Seng Index rose 0.61% to 25,910 points on April 10, led by a 1.07% gain in the Hang Seng Tech Index. Chip maker TianShu ZhiXin surged more than 11%, while brokerage CITIC Securities surged over 10% after...
This TSX Oilsands Major Could Jump as Much as 20% on the Iran War and Strait of Hormuz Crisis, Analyst...
Imperial Oil Ltd. (IMO:TSX) closed at C$178.93, well above the Bloomberg 12‑month consensus target of C$139.71. UBS Global Research raised its price target to C$206, citing stronger refining margins and a Q1 capital spend of C$475 million (≈US$351 million). National Bank of...
Taiwan Semiconductor Manufacturing (TSM): The Best Under-The-Radar AI Stock in Billionaire Ken Fisher’s Portfolio?
Taiwan Semiconductor Manufacturing (TSM) dominates roughly 70% of the global foundry market and leads advanced‑node production at 7 nm and below. Its $5.51 billion stake in billionaire Ken Fisher’s portfolio highlights the chipmaker’s appeal as an AI‑related play, even though it designs...
Allbirds Sold for $39 M as Nike Stock Falls 75% Since 2021, Sneaker Segment Crumbles
Allbirds, once valued at $2 billion, is being sold for $39 million as Nike’s shares have slumped 75% since their 2021 peak. The twin blows highlight a broader contraction in the sneaker segment, driven by excess inventory, shifting consumer tastes and macro‑economic...
Dow Jones Futures: U.S.-Iran Peace Talks Begin; Google, Amazon, Nvidia In Buy Areas
U.S. Vice‑President JD Vance led the first face‑to‑face talks with Iranian officials in Islamabad, a development that could ease tensions in the Strait of Hormuz and lift oil‑price pressures. Meanwhile, U.S. equity markets posted a strong weekly rally, with the...
SPX Needs 6855 Breakout to Reach 7K
$SPX - Ended a 7 day up streak after almost reaching the 78.6% retracement of the late January to late March downtrned at 6855. The March 30 low was confirmed as an intermediate term low but it needs a close...
26% of CEOs Cite CFO as Top Job Threat, BCG Survey Shows Governance Tension
Boston Consulting Group’s inaugural CEO Insomnia Index reveals that 26% of chief executives at large public companies consider their chief financial officer the biggest threat to their own job security. The finding underscores a growing power shift within the C‑suite...
Nomura Upgrades SoftBank to Buy on Rate Hikes
$SFTBY upgraded to buy at NOMURA - We raise our rating to Buy, regard growth investments and shareholder returns in next medium-term business plan as key. SoftBank Corp has just announced mobile rate hikes. It...
S&P 500 Could Report Earnings Growth of 19% for Q1
The S&P 500 is projected to post a 19% year‑over‑year earnings gain for Q1 2026, up from the current 12.6% estimate. This projection relies on historical patterns where actual earnings typically exceed forecasts by about 7% and boost the growth rate...
Ackman's $64 Billion Universal Bet Hinges on Power Broker Bollore
Bill Ackman's $64 billion unsolicited bid for Universal Music Group hinges on French billionaire Vincent Bolloré, who controls just under 32% of the label through direct shares and Vivendi holdings. Bolloré’s consent is essential; without it the transaction cannot close. His group’s...
UPS Cash‑Flow Quality Under Scrutiny as Analysts Flag Red‑Flag Concerns
Analysts highlight that United Parcel Service's 2025 free cash flow of $5.5 billion is bolstered by $700 million in asset sales and a $253 million fuel‑surcharge benefit, raising doubts about the sustainability of its cash‑flow quality. Management projects $6.5 billion in free cash flow...
Dow Gains 275 Points as Western Digital Surge Boosts Index
The Dow Jones Industrial Average closed up 275 points, helped by a pronounced rally in Western Digital (WDC) after the stock entered on a pull‑back. The move highlighted how single‑stock volatility can sway the broader market even as investors digest...
Salesforce Slides Amid AI-Driven SaaS Stock Slump
Salesforce shares fell between 3.7% and 6.8% on Thursday, dragging the cloud‑software giant toward its lowest level in three years. The drop came as investors reacted to Anthropic’s latest AI model, reviving fears that rapid AI advances could erode legacy...
Italian Government Moves to Oust Leonardo CEO Roberto Cingolani, Shares Plunge
The Italian government is set to dismiss Roberto Cingolani as chief executive of Leonardo, the nation’s largest defence contractor, after a turbulent turnaround. Leonardo’s stock fell the most in nearly eight months on the news, underscoring investor anxiety over the...
Dell’s Commercial PC Surge Drives CSG Revenue to $13.5 B, Up 14% YoY
Dell Technologies reported $13.5 billion in Client Solutions Group revenue for Q4 fiscal 2026, a 14% year‑over‑year increase driven by robust commercial PC sales. The growth marks the sixth straight quarter of expansion and underpins a bullish outlook for fiscal 2027...
Analyst Earnings Revisions Slip, Consumer Discretionary Hits Bottom
Analyst revisions to forward earnings expectations have dropped for the first time since early January. It is not unusual for revision momentum to turn south just prior to earnings seasons, and in fact estimates dropped in advance of the last three...
S&P 500 Sees Many Stocks Hitting 52‑week Highs
nice expansion of S&P 500 $SPX % of stocks at 52-week highs this week... https://t.co/Ez3kURaTR8
Jassy's Defense
Since Andy Jassy took the helm in July 2021, Amazon’s share price has trailed the S&P 500, Nasdaq 100 and every other Mag 7 tech giant. In a fresh shareholder letter, Jassy argues that the market misreads the company’s long‑term bets, from rural...
FIIs Cut Stakes in These 9 Stocks in March Quarter. Do You Own Any?
Foreign institutional investors trimmed stakes in nine Nifty 500 stocks during Q4 2026, each falling more than 100 basis points quarter‑on‑quarter. The steepest drops were at Eternal, down to 32.61%, and HDFC Bank, slipping to 44.05%. Other affected names include Vijaya Diagnostic, Emmvee...
Berkshire Bet Constellation Cuts Guidance: Why Shares Rose 8%
Constellation Brands, a Berkshire Hathaway holding, posted an $1.92 billion revenue quarter that beat estimates despite an 11% YoY decline, and its comparable EPS rose to $1.90, surpassing forecasts. However, the company cut FY2027 EPS guidance to $11.20‑$11.90, below consensus, and...
Palantir Shares Dive 7%‑8% After Michael Burry Warns Anthropic Is "Eating Its Lunch"
Palantir Technologies tumbled 7%‑8% on Thursday after famed investor Michael Burry posted that rival Anthropic is "eating Palantir's lunch" in enterprise AI. The drop, triggered by heavy trading volume, reignited debate over Palantir's lofty valuation and competitive positioning.
Marvell’s AI XPU Wins Surge, Driving $75 B Pipeline and 38% Revenue Jump
Marvell Technology announced more than 20 multi‑generational AI XPU and XPU‑attach socket wins, pushing its data‑center revenue to $1.52 billion—a 37.8% year‑over‑year rise. The company now cites a $75 billion lifetime revenue pipeline, underscoring rapid adoption by hyperscalers and enterprise data centers.
Sodexo Shares Plunge 15% as H1 Profit Falls 57% and FY26 Outlook Cut
Sodexo SA saw its Paris‑listed shares slide about 15% after the French services giant posted a 56.7% plunge in first‑half net profit and cut its fiscal 2026 organic revenue growth forecast to 0.5‑1%. The earnings miss rattled the Euro‑Stoxx 600,...
ServiceNow Shares Drop 35% Amid AI‑Driven ‘SaaSpocalypse’ Sell‑Off
ServiceNow’s shares have tumbled 35% year‑to‑date after the market’s “SaaSpocalypse” was reignited by Anthropic’s Mythos AI model. The sell‑off highlights mounting investor anxiety that generative AI could erode the per‑seat licensing model that underpins SaaS valuations.
Mag 7 Valuations Slip to 25x Forward P/E
Even the Mag 7 have come way down in terms of valuation, following their 17% drawdown since last October’s high. The cohort is now trading at a modest 25x forward P/E. https://t.co/EotkZU3iSu
Wells Fargo Downgrades Sherwin-Williams because of Rising Raw Materials Costs Due to Iran Conflict
Wells Fargo downgraded Sherwin‑Williams to equal‑weight and cut its price target to $365 from $410, citing an 8.7% upside from the latest close. The bank attributes the downgrade to rising raw‑material costs driven by the Iran conflict, which is inflating...
TSMC Posts 35% Jump in Q1 Revenue
Taiwan Semiconductor Manufacturing Co. reported first‑quarter revenue of $35.6 billion, a 35% year‑over‑year rise and roughly $36 billion when converted from 1.13 trillion New Taiwan dollars. March alone saw a 45.2% YoY jump to about $13.3 billion in NTD terms. The surge was driven...
WD-40 Company Justifies Sell-Side Support With Q2 Results
WD‑40 Company posted Q2 2026 results that exceeded expectations, delivering 10.7% top‑line growth and confirming its cash‑generating profile. The firm maintained a 1.9% dividend yield with a 62% payout and accelerated share buybacks, leaving only $14 million of authorization. Institutional investors...
Douglas Lane & Associates LLC Sells 5,449 Shares of UnitedHealth Group Incorporated $UNH
Douglas Lane & Associates LLC trimmed its UnitedHealth Group (UNH) holding by 7.4% in Q4, selling 5,449 shares and leaving a stake of 68,625 shares worth roughly $22.65 million. The move follows a wave of institutional activity, with Carnegie Investment Counsel...
TSMC Tops Q1 Sales Target On Strong AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) reported first‑quarter 2026 sales that topped analyst expectations, propelled by surging demand for artificial‑intelligence (AI) chips. The company’s revenue beat forecasts for both March and the full quarter, prompting a modest rise in its stock...
HDFC Bank ADRs Plunge After Chairman Resignation, Highlighting Decline of Large‑Cap ADR Premiums
HDFC Bank’s part‑time chairman stepped down, prompting a sharp sell‑off of its U.S.‑listed ADRs that fell over 5% on the first day and more than 7.5% across two sessions. The episode illustrates how the long‑standing premium on large‑cap Indian ADRs...
MercadoLibre Boosts AI Spending as Revenue Jumps 47% YoY
MercadoLibre said its AI investments are accelerating revenue, delivering a 47% year‑over‑year Q4 growth on a constant‑currency basis. The e‑commerce leader is expanding AI across logistics, payments and seller tools while grappling with short‑term margin pressure and a 35% stock...
KOSPI +1.40%: Foreign Capital Rotates Into HBM Supply Chain
Foreign investors poured into South Korea’s high‑bandwidth memory (HBM) and related AI‑infrastructure supply chain, lifting the KOSPI 1.4% as the KRW weakened. The inflow coincided with a post‑ceasefire risk‑premium compression and a 2.1% rally in the S&P 500, signaling targeted conviction...
6,600 Shares in International Business Machines Corporation $IBM Acquired by BOCHK Asset Management Ltd
BOCHK Asset Management Ltd disclosed a new position in IBM, buying 6,600 shares valued at roughly $1.96 million, making the stock its 16th largest holding. IBM reported fourth‑quarter earnings that beat expectations, posting $4.52 earnings per share and a 12.2% revenue...
BOCHK Asset Management Ltd Makes New $1.26 Million Investment in Morgan Stanley $MS
BOCHK Asset Management Ltd disclosed a new stake in Morgan Stanley, purchasing 7,100 shares worth roughly $1.26 million. The holding represents about 0.3% of BOCHK’s portfolio and ranks as its 28th largest position. The move comes amid a wave of institutional...
Oracle Corporation $ORCL Stake Lowered by BOCHK Asset Management Ltd
BOCHK Asset Management slashed its Oracle stake by 87.5%, selling 9,130 shares and ending the quarter with just 1,300 shares valued at roughly $253,000. Other institutional investors, such as Kampmann Melissa S. and Avion Wealth, modestly increased their holdings during...
Nifty Crosses 24,000; IT Stocks Bleed as Broader Market Rallies
The Nifty 50 breached the psychological 24,000 mark, closing at 24,004.70, while the Sensex rose to 77,380.42. Broad‑based buying in financials, autos and consumer stocks lifted the market, but the technology pack lagged, with Infosys down 3.5%, TCS 3.2%, HCL Tech...
Prediction: These Will Be the 5 Largest Companies in the Stock Market by 2030
Nvidia, Apple, Alphabet, Microsoft and Amazon currently dominate the stock market, with Nvidia now the largest at a $4.3 trillion market cap. Analysts predict AI‑centric spending will reshape the hierarchy, keeping Nvidia, Microsoft and Alphabet in the top five through 2030....
S&P 500 YTD Flat Despite Market Turmoil
S&P 500 YTD total return: +0.0% After all that ... it’s like nothing ever happened. https://t.co/YsLkrj3kUt
Exxon Outperformed Salesforce After Dow Swap
In August 2020, Exxon was removed from the Dow and Salesforce was added to the index. Total Returns since... Exxon $XOM: +396% Salesforce $CRM: -39% https://t.co/8HfMqrkk8i
Stocks Chase the Madman
The S&P 500 has erased the recent sell‑off, completing a full round‑trip back to the middle of its trading range. Volatility has collapsed to near‑record lows, and systematic fund flows have shifted from aggressive selling to providing net support. While...
FedEx Pilots Secure Tentative Deal, Averting Strike and Boosting Stock
FedEx and the Air Line Pilots Association reached a tentative collective bargaining agreement, sidestepping a possible strike that could have crippled cargo capacity. The news sent FedEx shares up 4.6% in early trading, underscoring the market’s relief. The deal now...
Korea's Big Four Financial Groups Forecast Record Q1 Profit Over $4 B Despite Household Loan Drop
South Korea’s four leading financial holding companies are expected to post a record first‑quarter net profit of 5.3 trillion won (about $4 billion), a 5.8% year‑on‑year rise, even as household loan balances fell 0.31%. The gain is driven by higher corporate loan...
Amazon's Letter Reveals 1M Robots, Chip Strategy
The $AMZN shareholder letter is a must read. Market grumbles about capex until it figures out what they are building. Incidentally 1 million robots already at work. But their new chip stuff is key. https://t.co/DeULJAN7Dg
Singapore Listings Remain Scarce Despite Strong Equities Performance
Singapore’s Straits Times Index jumped 23% in 2025, breaking the 5,000 mark, yet IPO activity remains thin. The number of listings rose to 16 in 2024, still far behind Hong Kong’s 119 IPOs that year. Government and MAS have pledged S$6.5 bn...
Brown-Forman’s Stock Is the S&P 500’s Top Gainer Thursday as Merger Drama...
Brown‑Forman’s stock surged 12.9% on Thursday, making it the S&P 500’s top gainer after a Wall Street Journal report linked the spirits maker to a potential deal with Sazerac. The rally follows earlier speculation that Paris‑based Pernod Ricard is eyeing a merger‑of‑equals,...
S&P Equal‑Weighted Index Holds Trend, Forward P/E 18.2
Taking a longer look, we can see below that the S&P 500 equal-weighted index is right on its rising trendline, while the forward P/E ratio is at 18.2x. It’s hard to accuse the market of being over-extended, at least in...