S&P 500 Closes at Record High as Earnings Season and Falling Oil Prices Lift Market
US equity markets bounced back sharply from the geopolitical-driven selloff of Monday’s session, with the S&P 500 climbing 0.81% to close at a record 7,259.22 on Tuesday as falling oil prices and a series of solid earnings reports restored investor confidence. The Nasdaq Composite gained 1.03% to reach a new closing record of 25,326.13, while…
Senate Odds Even Out as Iran War Costs Republicans Their Midterm Safety Net
Control of the United States Senate is now statistically a coin-flip six months ahead of November’s midterm elections, according to prediction market data compiled by Kalshi, with traders placing the odds at roughly 50-50 between the parties after a dramatic shift in sentiment driven primarily by public opposition to the Iran war and its economic…
Foreign Policy Journal Calls US Iran Strategy “Blatant Failure”, Accuses Hegseth of Overestimating Regime Change Plan
A newly published editorial in the Foreign Policy Journal has delivered one of the harshest assessments yet of American strategy in the Iran war, describing the US campaign as a “blatant failure” and laying significant blame at the feet of Defense Secretary Pete Hegseth for overestimating Washington’s ability to achieve regime change without deploying ground…
Alphabet Surges 7 Percent as Google Cloud Grows 63 Percent and Search Queries Hit All-Time High
Alphabet Inc. (NASDAQ: GOOGL / GOOG) shares climbed approximately 7 percent in Thursday’s session after the company posted its most impressive quarterly results since the generative AI boom began. Google Cloud revenue hit $20.03 billion for the first quarter of 2026, a 63 percent year-on-year increase that more than doubled analyst expectations for the segment…
Alphabet (GOOGL) Enters Q1 Earnings With Record Cloud Backlog, Zero Sell Ratings and a Year of Market-Leading Gains
Alphabet Inc. (NASDAQ: GOOGL / GOOG) reports its first-quarter 2026 earnings on Wednesday April 29 as the strongest performer among the five Magnificent 7 companies announcing results this week, having roughly doubled in stock price over the past year and led the group year-to-date, a run built on Google Cloud’s extraordinary growth acceleration and a…
Republicans Retool Midterm Strategy Around Trump’s Policies as Gas Prices and Polling Paint Grim Picture
Republican strategists are executing one of the more delicate political manoeuvres in recent memory, attempting to capture the electoral energy generated by Donald Trump’s presence on the ballot without making the November midterms a direct referendum on a president whose approval ratings have reached the lowest point of his two terms in office, with Reuters…
Chevron (CVX) Heads Into May 1 Earnings With Iran Oil Boost and $47.31 Billion Revenue Expected
Chevron Corporation (NYSE: CVX) is set to report its first-quarter 2026 earnings before the market open on May 1, with the company having already pre-disclosed selected Q1 guidance items in April that provide investors with more visibility than usual into the quarter’s financial shape, including upstream commodity price impacts of $1.6 billion to $2.2 billion…
Texas Instruments (TXN) Surges 19 Percent After Blowout Q1 Results and Bullish Q2 Guidance
Texas Instruments (NASDAQ: TXN) delivered one of the most dramatic earnings reactions of the current season on Thursday, with shares surging as much as 19 percent in response to first-quarter results that decisively beat both revenue and earnings per share estimates, accompanied by second-quarter guidance that significantly exceeded what Wall Street had been expecting. For…
Senate Democrats Force Fifth Iran War Powers Vote as 60-Day Deadline Approaches
Senate Democrats forced a fifth vote on a war powers resolution targeting the Iran conflict on Wednesday, with the chamber expected to vote on a motion to discharge the measure in what has become a weekly ritual of Democratic pressure and Republican resistance over congressional authority to authorise military force. Senator Tammy Baldwin of Wisconsin…
Trump Extends Iran Ceasefire Indefinitely After Citing “Seriously Fractured” Government in Tehran
President Donald Trump reversed himself on Tuesday, announcing an indefinite extension of the US ceasefire with Iran hours before the agreed two-week truce was due to expire — a decision that came despite Trump telling CNBC earlier that same morning that he did not want to extend it and that the US was in a…
