Latest Corporate News News
Tesla Reports Q1 2026 Earnings After Market Close
Tesla releases Q1 2026 results today, with production at 408,386 vehicles and deliveries at 358,023. Consensus expects $0.37 EPS on $22.71B revenue, but focus is on capital allocation including potential AI compute facility 'Terafab'.
Big Tech Earnings Wave: Microsoft, Alphabet, Meta, Amazon on April 29
Microsoft (Q3 FY26), Alphabet, Meta, and Amazon report Q1 2026 earnings April 29 alongside FOMC decision. Key narrative is AI capex justification amid revenue growth, with Microsoft Azure growth guided at 37-38%.
US-Iran Ceasefire Extended by Trump, Markets Cautious
President Trump extended the US-Iran ceasefire, leaving markets in limbo without negotiation timeline. Asian equities mixed; Wall Street dipped 0.6% prior amid JD Vance's cancelled Pakistan trip.
UK CPI Jumps on Road Fuel and Airfare Prices
UK CPI rose as expected, paced by road fuel and airfares, with renewed food price pressure; core CPI dipped to 3.2% but services at 4.5%. PPI Input surged 4.4% m/m on energy.
Japan Trade Deficit Persists for Fifth Year
Japan reported 1.7T yen trade deficit for fiscal year ended March, fifth straight year. March exports jumped 11.7%, imports 10.9%, signaling manufacturer recovery from Trump tariffs.
Asian Markets Mixed Amid Ceasefire Uncertainty
Nikkei 225 rose 0.4% to 59,585; S&P/ASX 200 fell 1.2% to 8,843; Hang Seng down 1.2%, Shanghai up 0.5%. Investors eye US-Iran developments post-ceasefire extension.
Boeing and Texas Instruments Among US Earnings Highlights
Busier US corporate earnings day features Boeing, Tesla, and Texas Instruments. Markets distracted from light economic data amid ECB speakers and global stats.
Eurozone Consumer Confidence Set to Dive
Eurozone Consumer Confidence expected to fall sharply, guided by Dutch drop to -44 from -30. Bundesbank monthly report and ECB speakers also due.
AI Capex Scrutiny for Big Tech: Meta's $115-135B Plan
Meta's full-year capex at $115-135B nearly doubles 2025 spend; Alphabet's 2026 guide doubles prior year. Earnings calls to address AI monetization pace.
Oil Prices Stabilize Post-Volatility from Iran Conflict
US crude at $89.48/bbl, Brent $98.36 after ceasefire extension. Prices modest vs. earlier swings when Brent hit $119 and S&P fell near 10% peak.
Upcoming Economic Data: FOMC, GDP, PCE on Horizon
FOMC decision and Powell conference April 29, followed by Q1 GDP, March PCE, Employment Cost Index. Apple earnings close the key window.