Microsoft Q3 Shows Broad Revenue Decline, Xbox Hardware Plunges
Microsoft's Q3 2026 (fiscal) earnings: • 💻 Windows OEM + devices revenue down 2% • 👾 Gaming rev down 7% • 🕹️ Xbox content + services rev down 5% • 🎮 Xbox hardware rev down 33%
Google Cloud Revenue Jumps 63%, Backlog Nearly Doubles
$GOOG 👀 "Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over $460 billion."
Nasdaq 100 Climbs as only 29% Stocks Rise—28‑year Rarity
The Nasdaq 100 $QQQ closed up more than 0.5%. Fewer than 29% of stocks on the Nasdaq advanced today. This has not happened in at least 28 years. https://t.co/L36DesYWH4
Nasdaq 100 VIX Differential Highlights Upcoming Mag7 Overlaps
Here's the Nasdaq 100 with the VIX 1-day to 1-month differential and the previous core Mag7 release dates (GOOG, AMZN, MSFT, META overlaps) https://t.co/wNheUeMpHj
Alphabet Posts Fastest Revenue Growth Since 2022
Google reports after the bell today -> In Alphabet’s first-quarter earnings report, analysts are projecting the highest rate of revenue growth since 2022 *Earnings per share: $2.63 *Revenue: $107.2 billion *YouTube advertising: $9.99 billion estimated https://t.co/qyqSNWDHWF
Market Misreads Risk, Tail Lies in 4pm AMC Tape
Today is the most asymmetric single trading day of Q2. In nine hours, four mega-caps representing $10.5 trillion of market cap report (GOOGL, MSFT, META, AMZN — all AMC), Jerome Powell delivers his final FOMC presser as Chair, and the...
Non‑US Earnings Outpace US, Rising 25% vs 23%
While it’s tempting to lay it all on the AI story, earnings are booming even faster outside the US. The year-over-year change in forward estimates is 25% for the MSCI ACWI ex-US index, vs 23% for the MSCI US index....
Top NIFTY50 Stocks Plunge Over 25% From ATH
🚨 Popular NIFTY50 Stocks down from ATH 🚨 Tata Motors (Passenger Vehicles) -52.9% Tata Consultancy Services (TCS) -34.0% Infosys -33.2% HCL Technologies -32.4% ITC -32.1% Trent -31.4% HDFC Life Insurance Company -28.3% InterGlobe Aviation (IndiGo) -27.4% Tech Mahindra -26.7%
Big Tech Earnings Spotlight AI Monetization and Capex
We expect a big few days ahead from the Big Tech world as investors focus on AI monetization trends, cap ex levels, and the overall tone of business from Mag 7 tech stalwart earnings with tonight the Super Bowl of...
Deutsche Börse Downgraded to Hold as Upside Caps
Deutsche Börse’s strong execution is now fully priced in. At a forward P/E of ~22x, upside looks capped—downgrading from Buy to Hold. Quality business, but fair valuation limits the risk/reward. Markets
AA's $111M Profit, Execs Pocket $50M
American Airlines Made Just $111 Million — Top Officers And Board Got $50 Million - View from the Wing https://t.co/5rUZ7VzT9Y
Tech Earnings Lift Markets as FOMC Approaches
Markets are mixed ahead of today's #FOMC. Prediction markets see zero movement for the remaining 2026 meetings. Strong earnings are lifting tech, with $STX hitting new highs and boosting S&P names. Tonight marks peak earnings-know what you own. https://t.co/xVYU4GfNBQ
S&P Slides; Fed Meeting and Mega‑cap Earnings Dominate
MARKET RECAP 📉 S&P 500 fell lower today, but all eyes are on tomorrow 👀 We have the FOMC and potentially Jerome Powell’s last meeting as Fed chair, alongside 4 of the largest 10 companies in the world reporting earnings. Those...
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
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) •...
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
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...
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...
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
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...
OpenAI Sees Strong Demand, Bullish on AI Stocks
OpenAI has been tracking very high demand on both the consumer and enterprise front and we strongly disagree with the notion that growth is weakening. We would be buyers of AI driven tech stocks this am and in particular Oracle...
Spotify Shares Dip as Subscriber Growth Disappoints
Spotify Stock Falls As Subscriber Target Comes In Light After In-Line Q1 https://t.co/nbYssbrHfS $SPOT https://t.co/4uxtY5aR1G
Tech S&P Surges 20% in April, Nvidia Adds $1.25T
Tech stocks in the S&P are up almost 20% so far in April, poised for the best monthly performance since 2002. Nvidia's market cap has risen by $1.25 trillion in the past four weeks, reaching $5.26 trillion. https://t.co/sCOSqOQYgT
Tesla’s 10‑Q Flags $260M Expense on 20M Vehicle Delivery
10-Q surprises First provision for a first milestone of the 2025 comp package, and I was wondering last week which one it would be. Well, like always, read the 10-Q: "Delivery of 20 million Tesla vehicles" it is. $260m were expensed. https://t.co/CAPAjFaaf7
S&P Hits Record Highs Amid Weak Market Breadth
New all-time highs on the S&P 500, and breadth still won't confirm. NYSE advance-decline line is below its 13-week cumulative average, an entire quarter of narrowing participation. Time will tell.
Cheap Chinese AI Models Threaten Cloud Giants' Growth Narrative
Watch cloud revenue growth at Amazon, Google and Microsoft this week as they all report on Weds Its been powered by expensive models from Anthropic and OpenAI. But as AI costs blow past budgets, there's a wave of very capable,...
Intel Beats Forecast, Shares Jump 24% on Revival
MyPOV: @Intel crushes Wall Street’s expectations, and its stock surges 24% as revival gains pace https://t.co/1oGxH9TZ6w @SiliconANGLE @Mike_Wheatley “Intel is moving in the right direction, and a key objective going forward will be to secure design wins with...” - @holgermu @constellationr
Thursday's Top Index Movers: LLY, MA, CAT; Friday Energy Shift
Here’s who reports this week. $LLY $MA $CAT on Thursday carry the most index impact. $XOM $CVX on Friday for energy rotation.
Equal‑weight S&P Stalls as Cap‑weight Hits Fresh High
As stock indices rise, fewer stocks are going along. This is why the S&P 500 equal-weight index $RSP hasn't made a new high for 40 days, while the cap-weight version $SPY just did. In 70 years, this is only the 3rd time...
S&P 500 Posts 15% YoY Earnings Rise, 13th Straight Quarter
With 28% of companies reported, S&P 500 1st quarter earnings are up 15% over the prior year, the 13th consecutive quarter of positive YoY growth. $SPX Video: https://t.co/FSc0CyC2dz
AI Magnificent Seven Propel S&P; without Them Market Falls
“Exclude the AI version of the Magnificent Seven stocks—Broadcom alongside Alphabet, Amazon, Apple, Meta, Microsoft and Nvidia—and the market value of the S&P is actually down. Put another way, these seven are lifting the entire market.” WSJ https://t.co/Cdztzsv5jH
S&P Earnings Surge, Margins Hit Record, Stocks Cheaper
12-month S&P 500 earnings estimates are up an incredible 10% YTD, with 6.5% coming since the war started. Also, profit margins hit a new high of 15.2%. Lastly, stocks are up more than 5% YTD (total return), but they are...
Nvidia Shares Halved in 2022 After 2021 Surge
It is hard to believe that the @nvidia stock was down more than 50% in 2022! After starting 2022 near $300, the stock dropped to around $146 by the end of December, driven by reduced demand in the gaming market,...
Market Rally Fueled by Few Tech Giants, Growth Outpaces Value
The old adage the stock market is not the economy is spot on rn. This rally’s been extremely one-sided & down to very few, very large tech stocks. In Asia, growth’s set to outperform value by the most in 25 years....
Mag 7 Earnings Test Real Funding for AI Capex
The Week Ahead In Technology for April 27, 2026: The wall of Mag 7 earnings tests whether AI capex is still funded by results, not faith. $MSFT, $GOOGL, $META, $AMZN, $AAPL all report. Plus FOMC and $QCOM. Watch Azure vs AWS/Google...
All S&P 500 Stocks Show Mixed 2026 Performance
This is how every stock in the S&P 500 has performed so far in 2026
Watch New Metrics, Not EPS, for Next $5T Shift
4 of the 5 biggest companies on earth report next week Stop watching EPS..watch these instead: $GOOGL - Cloud growth rate. If revenue this quarter $AAPL - China revenue and Vision Pro disclosure or omission The guide and the segment splits are where...
Nasdaq Hits Record Amid Geopolitical Tension and Earnings Outlook
My article for the week ahead (and my FOMC scenario table): Nasdaq at Record, US-Iran Unresolved, FOMC and Mag 7 Earnings On Tap https://t.co/XDQ8tBTF50 https://t.co/FrsmP5gFBA
Ford Ramps up US Production yet Still Hemorrhages Billions
"Ford Is Building More Cars in the U.S. Than Ever—But Still Losing Billions" https://t.co/6FpXn1NHjv https://t.co/dX4BPjDl07
S&P 500 Fell Under
Remember at the start of the month when the S&P 500 traded under 20x earnings? That was awesome. JPMAM https://t.co/4eagWzJBWD
MSFT Expected to Break 20‑Week MA, Target 461
$MSFT - Despite the 4 week rally it has not confirmed an intermediate term low yet since it has to regain the 20 week MA to do that, but I expect it to be confirmed next week and the rally...
Revenue Rises, Profit Falls as Margins Squeeze
Reliance Industries q4 fy26 result. ■Revenue from Operations: ₹2.98 lakh crore (up 13% YoY). ■EBITDA: ₹44,141 crore (up 10% YoY), but margins contracted to 14.78% from 16.57%. ■Net Profit (PAT): ₹16,971 crore (down 12.55% YoY). ■Dividend: The board recommended a dividend of ₹6...
Fed Decision and Tech Earnings Drive This Week's Market
What's on your watch list this week? We have the Fed and tech earnings on deck: $GOOGL $MSFT $AMZN $META $KLAC $QCOM $AAPL $SNDK $WDC Mailing List Access: https://t.co/YtTTmqCyAJ https://t.co/9PNbw4tIEH
Sanofi's Dividend Streak Faces Dupixent Patent Cliff
A few weeks ago I published my deep dive on 🇫🇷 Sanofi $EPA:SAN 32 consecutive years of dividend growth. A true European Dividend Aristocrat 💪 Currently their main blockbuster Dupixent accounts for 36% of revenue, and compound patent protection expires in 2031....