Trump’s Hormuz blockade sent Brent to $126 intraday (settling $114); US gasoline hits $4.30/gallon, threatening $190B in annualized spending losses. S&P 500 set record 7,209 — best April since 2020 — as GOOGL, CAT, and LLY each surged ~10% on earnings beats while META fell -8.65% on $145B AI capex without ROI clarity. Q1 GDP +2.0% (slight miss), PCE 3.5%, ECI +0.9% — markets price 77% odds of no Fed cuts in 2026; Warsh clears Senate Banking 13-11, confirmation due May 11.
Tag Archives | Microsoft
MIB: S&P 500 All-Time High on Earnings Strength as GDP Miss, Oil Blockade, and No-Cut Odds Dominate
Read full story · Comments are closed
MIB: Stagflation Trap — Fed Splits 8-4, WTI +8%, GDPNow 1.2%, Mag-4 Beats Fail to Lift the Tape
Fed holds 3.50–3.75% in historic 8-4 split as hawkish dissenters signal removal of easing bias; Trump locks in months-long Iran blockade as WTI surges 8.3% to $108/bbl and US gas hits 4-year high of $4.23/gal; UAE quits OPEC effective May 1; Atlanta Fed finalizes Q1 GDPNow at 1.2%, 110 bps below 2.3% consensus ahead of Thursday’s advance GDP + Core PCE release.
Read full story · Comments are closed
MIB: Triple Shock — OpenAI Revenue Miss, UAE Exits OPEC, and Trump Rejects Iran’s Hormuz Deal Ahead of $700B AI Earnings Week
OpenAI missed revenue and user targets (WSJ), gutting AI chip stocks — AMAT -5.87%, KLAC -4.79%, AVGO -4.39%; Nasdaq -1.01%. UAE quit OPEC after 58 years, effective May 1. Trump rejected Iran’s Hormuz reopening proposal — Brent hit $112.70 intraday, US gas $4.18/gal (highest since Aug 2022). Powell’s final FOMC opened Tuesday. Coca-Cola (+3.86%), Visa, and Starbucks all beat and raised guidance. GOOGL/MSFT/META Wednesday — $700B AI capex on trial.
Read full story · Comments are closed
MIB: Paper-Thin S&P/Nasdaq Records as Hormuz Re-Escalates, OpenAI Decouples from Microsoft, & Powell Convenes His Final FOMC
S&P 500 (+0.12%) and Nasdaq (+0.01%) eked out paper-thin records as Brent spiked above $101 on stalled Hormuz talks. Trump cancelled Pakistan envoys; IEA warned supply won’t recover for two years. Qualcomm surged 12% on a report OpenAI is building an AI smartphone chip with QCOM and MediaTek. Microsoft-OpenAI exclusivity ended, freeing OpenAI to deploy on AWS/GCP. Powell’s likely final FOMC opens Tuesday; Warsh Senate vote Wednesday. Verizon posted its first positive Q1 phone adds in 13 years.
Read full story · Comments are closed
MIB: Oil Shock Meets Software Selloff as Meta and Microsoft Fund AI With Layoffs
S&P 500 and Nasdaq reversed off intraday record highs to close -0.41% / -0.57% as ServiceNow plunged 18% on a margin cut, snapping XLK’s 16-day streak. Trump ordered the Navy to “shoot and kill” Iranian boats in Hormuz; WTI spiked +4.35% to $97 as Brent held flat — a rare $9 spread. Meta cut 8,000 jobs and Microsoft launched its first-ever buyout (MSFT -3.97%) to fund AI capex. IBM -8.25% and AXP -4.31% on beat-and-fade; UNP +8.77%, CMCSA +7.73%. Intel crushed AMC. Spirit Airlines heads to court April 30 with 90% US government ownership on the table.
Read full story · Comments are closed
MIB: Rebound Day — Meta-AMD Deal Calms AI Fears, Novo Nordisk Enters Price War, & All Eyes Turn to Nvidia
Meta commits up to $100B to AMD GPUs (AMD +9.4%), reversing Monday’s AI selloff. S&P 500 bounced 0.77% from Monday’s “tariff disaster.” Novo Nordisk fell another 3% and announced 50% drug price cuts (dragging LLY -2.2%). PayPal surged 6.74% on Stripe acquisition reports. Bitcoin heading for worst February since 2022 crypto winter. All eyes on Nvidia earnings Wednesday.
Read full story · Comments are closed
MIB: Sell America — Tariff Chaos & AI Disruption Send S&P Negative for 2026
SCOTUS struck down Trump’s IEEPA tariffs 6-3 — hours later he imposed a new 15% global tariff under Section 122, sending the S&P 500 -1.04% to 6,837 and negative for 2026. IBM cratered 13.0%, its worst day since October 2000, and CrowdStrike fell 11.3% as Anthropic’s AI coding platform upended legacy tech and cybersecurity. Gold hit a new all-time record above $5,164 on a ‘Sell America’ rotation. Fed’s Waller called a March rate cut a ‘coin flip’ as tariff chaos scrambles the inflation outlook. J.P. Morgan raised recession odds to 35%.
Read full story · Comments are closed