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25 years ago, Joeytunes embarked on his journey in the handicapping circuit, where he quickly established himself as a formidable force with an impressive track record for predicting college football outcomes. As his reputation grew, so did his network of partners, ultimately leading to the creation of his own handicapping office.

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Joey Tunes is a highly skilled professional sports bettor with a remarkable track record in the industry. With years of experience, he boasts a consistently impressive win percentage, making him one of the most trusted and successful experts in sports betting.

Joey’s expertise lies in analyzing sports, teams, players, and statistical data to identify valuable betting opportunities. Known for his professionalism and disciplined approach, he prioritizes responsible gambling practices and emphasizes bankroll management. Joey’s exceptional success has earned him strong relationships within the industry and recognition in sports betting communities, cementing his position as a prominent figure in the realm of professional sports betting.

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$PFE We've made progress so far this year in delivering our 2026 critical R&D milestones, including three positive Phase 3 readouts and encouraging mid-stage readouts for both approved and investigational medicines. We're keeping pace with our robust agenda of approximately 20
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Archer-Daniels-Midland raised its full-year earnings outlook after the Trump administration issued new rules requiring gas and diesel to contain more biofuels. https://t.co/YawessSObR
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PFIZER $PFE Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $14.5B (Est. $13.84B) 🟢; +5% YoY, +2% operational 🔹 Adj. EPS: $0.75 (Est. $0.72) 🟢 🔹 Revenue Ex-Comirnaty/Paxlovid: +7% operational 🔹 Launched & Acquired Product Revenue: +22% operational 🔹 Pipeline: On track to start ~20 https://t.co/xHQLvAncHO
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Treasury's latest economic report to the TBAC (private-sector advisers on public debt issuance) slimmed down its inflation table, dropping core inflation measures along with a range of subcategories. What's remaining: headline CPI, food, and energy. Q1 (left) vs Q2 (right) https://t.co/XQ4paUIFqa
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$PFE Pfizer Q1 2026 Earnings Adj EPS $0.75, est. $0.72 Rev. $14.45B, est. $13.8B
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Plus, Iran cease-fire in peril. https://t.co/oqpx2zR3Td
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RT @Steven_Swinford: Breaking: Sir Keir Starmer suggests the government is investigating whether Iran is behind the spate of antisemitic a…
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$DD Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.68B (Est. $1.66B) 🟢; +4% YoY 🔹 Adj. EPS: $0.55 (Est. $0.49) 🟢; +53% YoY 🔹 Organic Sales: +2% YoY 🔹 Operating EBITDA: $414M; +15% YoY 🔹 Operating EBITDA Margin: 24.6%; +230 bps YoY 🔹 ASR: $275M accelerated share repurchase https://t.co/5GGU7ipBoR
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EATON Q1 2026 EARNINGS - ADJ EPS $2.81 (EST $2.75) - NET SALES $7.45B (EST $7.13B) - ELECTRICAL AMERICAS NET SALES $3.6B (EST $3.46B) - AEROSPACE NET SALES $1.18 (EST $1.11B) - ELECTRICAL GLOBAL NET SALES $1.95B (EST $1.78B) - SEES Q2 ADJ EPS $3.00 TO $3.10 (EST $3.14) - SEES FY
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Eaton Q1 2026 Earnings - Adj EPS $2.81 (est $2.75) - Net Sales $7.45B (est $7.13B) - Electrical Americas Net Sales $3.6B (est $3.46B) - Aerospace Net Sales $1.18 (est $1.11B) - Electrical Global Net Sales $1.95B (est $1.78B) - Sees Q2 Adj EPS $3.00 To $3.10 (est $3.14)
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“This is a warning. We know you live right here.” Federal agents nationwide can access your personal data, including communications and daily travels in America’s new surveillance dragnet. https://t.co/w4xn68sYMn
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Is Europe Sliding Towards Stagflation? https://t.co/1zQsfnU2AC
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RT @business: Japan can conduct only two more sessions of three-day interventions by November, based on IMF guidelines https://t.co/NeTc1Iw…
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RT @themarketear: DB: "Our forecasts (and the consensus) are for earnings to rise well above their long-term trend channel" - interpretatio…
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Canada-US oil pipeline nears commitment requirement - Source
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DuPont de Nemours lifted its outlook and plans to buy back $275 million of stock after swinging to a profit in the first quarter. https://t.co/HgeZMmoJqz
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DUPONT DE NEMOURS Q1 2026 EARNINGS - ADJ EPS 55C (EST 48C) - NET SALES $1.68B (EST $1.66B) - SEES Q2 ADJ EPS ABOUT 59C (EST 58C) - SEES Q2 OPER EBITDA ABOUT $430M (EST $439.3M) - SEES FY OPER EBITDA $1.73B TO $1.76B, SAW $1.73B TO $1.76B - SEES FY NET SALES $7.16B TO $7.22B, SAW
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ARCHER-DANIELS-MIDLAND Q1 2026 EARNINGS - REV. $20.49B (EST $20.61B) - ADJ EPS 71C (EST 65C) - OILSEEDS PROCESSING VOL. 9.30M METRIC TONS (EST 9.31M) - CORN PROCESSING VOLUME 4.54M METRIC TONS (EST 4.61M)
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DUKE ENERGY Q1 2026 EARNINGS - ADJ EPS $1.93 (EST $1.81) - STILL SEES FY ADJ EPS $6.55 TO $6.80 (EST $6.10)
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$ATKR Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $731.4 million (Est. $714.53 million) 🟢; +4.2% YoY 🔹 Adj. EPS: $1.23 (Est. $1.06) 🟢 🔹 Adjusted EBITDA: $81.1 million 🔹 Organic Volume Growth: Approximately 5% YoY 🔹 Dividend: $0.33/share payable May 29, 2026 FY Guide: 🔹 Adj.
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Advance data, marking the first economic print since the war broke out, showed that the city’s gross domestic product rose 5.9% in January-March period from a year earlier. https://t.co/AooT8CLXCf
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Duke Energy Q1 2026 Earnings - Adj EPS $1.93 (est $1.81) - Still Sees FY Adj EPS $6.55 To $6.80 (est $6.10)
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Bullish $BLSH is buying transfer agent Equiniti in a $4.2B deal, including debt, as the crypto exchange pushes deeper into tokenized stocks. Equiniti serves nearly 3,000 public companies & they plan to offer issuers trading, registry, and settlement tools for tokenized securities https://t.co/gKJRpJf7JW
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DuPont De Nemours Q1 2026 Earnings - Adj EPS 55C (est 48C) - Net Sales $1.68B (est $1.66B) - Sees Q2 Adj EPS About 59C (est 58C) - Sees FY Net Sales $7.16B To $7.22B, Saw $7.08B To $7.14B - Sees FY Adj EPS $2.35 To $2.40, Saw $2.25 To $2.30
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Archer-Daniels-Midland Q1 2026 Earnings - Rev. $20.49B (est $20.61B) - Adj EPS 71C (est 65C) - Oilseeds Processing Vol. 9.30M Metric Tons (est 9.31M) - Corn Processing Volume 4.54M Metric Tons (est 4.61M)
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Equiniti is one of the world’s biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody’s. https://t.co/hm5eLjLhX9
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Minimalist nails are having a moment. How to get the look and ease off of gels, plus products from the experts. https://t.co/s8ojIpTzFg
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$BKNG TTN Summary Barclays Americas Select Franchise Conf: “the lower end of the U.S. market is improving” and “we saw ADRs now flat,” signaling easing pressure on lower-income travel demand (Booking Holdings Inc) (More at https://t.co/f2AhcGhnOl)
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Caught Off Guard: Stunned EU Leaders React To Trump's Troop Reduction In Germany https://t.co/24fiOEEHYL
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Insurer will reduce required authorizations by 30%, easing access to some tests, surgeries and therapy. https://t.co/htOoOWr6Z8
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Large houses on large lots dominate the 63131 ZIP Code, where properties list for millions. https://t.co/qMWwoZ6kBF
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UNITEDHEALTH TO MAKE IT EASIER FOR PATIENTS TO GET A RANGE OF PROCEDURES - WSJ
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UNITEDHEALTH WILL REDUCE REQUIRED AUTHORIZATIONS BY 30%, EASING ACCESS TO SOME TESTS, SURGERIES AND THERAPY - WSJ
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Iran's foreign minister is travelling to China on Tuesday for talks
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Hong Kong posts strongest quarterly economic growth in almost 5 years at 5.9%-scmp
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I planned to test it for a few weeks. What followed was a monthslong back-and-forth on everything from tariffs to leveraged funds. https://t.co/sBO311TVLC
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Here is an early look at the front page of today's Wall Street Journal https://t.co/TWY05wXWWI https://t.co/Hz9TRx42rh
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https://t.co/iFKIwGqxK0
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#OOTT Iran Foreign Minister Travelling To China Tuesday For Talks
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United flight UA135 is declaring an emergency and diverting to London-AIRLIVE
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Trump’s new Air Force One will arrive this summer, combining all the Qatari royal opulence with a $400 million security overhaul. https://t.co/tkCntHD0c2 https://t.co/sWNFZUgboD
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RT @bresreports: .@PunchbowlNews AM today - Iowa’s Senate Democratic primary is getting messy - It’s Primary Day in Ohio, Indiana - GOP dro…
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Russia’s Defence Ministry says the action was a response strike to Ukrainian assaults on Russian civil infrastructure, IFX reports.
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(US) Reportedly new study estimates $1.03T of wear and tear on roads, bridges and buildings across infrastructure in 2,000 U.S. cities, over 3x municipal bond debt and 4x pension debt - WSJ (More at https://t.co/EG1CaSoyac)
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With no balance sheet penalty for putting off infrastructure repairs, cities often delay making improvements. https://t.co/E6wYOfoUYM
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OpenAI’s chatbot dispenses advice on weapons and role-plays mass shootings. The carnage is raising scrutiny on when and how companies intervene. https://t.co/zT8nYT6s0t
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Germany's Silent Shift: From Entrepreneurs To State Dependence https://t.co/9VtTN4txeD
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The CEO of UniCredit stated that in Italy the bank has walked away from several M&A deals, beyond the two that are publicly disclosed.
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Bears since March 31 2026 😢 https://t.co/RSLu0AQP32
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$MTB TTN Summary Barclays Americas Select Franchise Conference: CRE demand turned “really strong” since March, with over $1 billion of production in March and a “really strong April”; says CRE “is going to grow this year, probably in the next quarter or two” (M&T Bank
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The CEO of UniCredit stated that full participation by shareholders holding both banks’ shares would push its Commerzbank stake significantly above 30%.
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Indonesia will ramp up government spending in Q2 to strengthen GDP growth, the chief economic minister said.
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Indonesia’s chief economic minister says the government is working with Bank Indonesia on currency swap arrangements with China, Japan, and South Korea to support the rupiah.
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Inside the big spending and internal drama at ActBlue, which faces investigations from the Justice Department and congressional Republicans six months before the 2026 midterms https://t.co/VVorpKwIe6
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Ukraine is targeting about 13 billion hryvnia in revenue from privatising state assets this year, according to the PM.
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This rally may fade very quickly. There's a big positioning near 7120. We would need a lot of AXIOS posts to keep it going https://t.co/qD5951N0pt
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The Vatican ambassador to the Holy See says US Secretary Rubio’s meeting with Pope Leo will include a “frank conversation” about US policy.
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Honk Kong GDP SA (Q/Q) Q1 A: 2.9% (est 0.9%; prev 1.0%) - GDP (Y/Y): 5.9% (est 3.5%; prev 3.8%)
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Oil eased, U.S. stocks rallied premarket after slipping Monday and the dollar rose, with investors on edge as tensions flared in the Strait of Hormuz. https://t.co/5B6crJTbs7
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FORECLOSURE FILINGS HIT SIX-YEAR HIGH AS RISING PROPERTY TAXES, INSURANCE COSTS AND DEBT PRESSURE U.S. HOMEOWNERS PER WSJ
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Foreclosure filings have jumped to a six-year high as rising property taxes, insurance costs and debt strain U.S. homeowners. https://t.co/HSUPuXaLkZ https://t.co/wSqsS87p1X
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WeRide CEO sees ‘ChatGPT moment’ in driverless cars within 10 years-SCMP
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Ming-Chi Kuo: OpenAI appears to be fast-tracking its first AI agent phone, with mass production now targeted as early as 1H27. Kuo says it may use a custom MediaTek Dimensity 9600 with dual NPUs, and 2027-2028 shipments could reach roughly 30M units.
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Sewage-tainted wastewater from nearby Mexico is fouling Coronado, Calif., known for some of the best beaches in America https://t.co/McdxjYpTlJ https://t.co/9HqZdKWre8
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EU Going To War With VPNs In Bid To "Save The Children" https://t.co/9TFd6m7Ayp
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EU sounds out industry over new trade weapon against China’s overcapacity-SCMP
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Westpac announces a 0.25% p.a. increase in variable home loan rates for new and existing borrowers, starting May 15.
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EU’s Von Der Leyen: EU Ready For All Scenarios If US Breaks Deal - Bloc Is In Process Of Implementing US Trade Deal
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$KMI TTN Summary Barclays Americas Select Franchise Conf: Middle East supply risk is “going to be a substantial catalyst for incremental development both with respect to production and associated infrastructure in the United States,” with the Permian the first place to look
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The UK recorded a 24.0% annual increase in new car registrations in April, totaling 149,247 units, SMMT said.
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EU Chief: Bloc is in process of implementing US trade deal.
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$TSLA BYD UK New Car Sales In April Up 73.6% Y/Y To 2,612 Electric Vehicles - New Automotive Data - Tesla's UK New Car Sales In April Up 48.6% Y/Y To 838 Electric Vehicles
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New automotive data shows BYD UK electric vehicle sales rose 73.6% YoY in April, reaching 2,612 units.
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Tesla recorded a 48.6% rise in UK car sales in April year-on-year, totaling 838 electric vehicles, data indicates.
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UK total new car sales climbed 22.4% year-on-year in April to 144,222 units, data indicates.
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Despite playing in the sport’s smallest media market, the Milwaukee Brewers have reached the playoffs in seven of the past eight seasons. Not even baseball’s smartest computer systems saw them coming. https://t.co/W2holeAWT8
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New pricing rates will be implemented from May 15, NAB announces.
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(UK) The Times reporter Swinford: Labour MPs are discussing plans to demand PM Starmer set a date for his resignation (More at https://t.co/VzAGBECN9F)
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UBS Initiates Coverage on $UCTT with Buy Rating, PT $130 Analyst comments: "As the largest supplier by COGS to Lam Research and Applied Materials, Ultra Clean provides outsourced design and manufacturing of critical subsystems, along with cleaning, coating, and contamination https://t.co/A8aqHNel9I
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Ukraine carried out double the number of “middle-strike” operations in April versus March, according to Zelenskyy.
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Nscale to deliver 66K+ Nvidia Rubin GPUs to Microsoft at SINES Data Campus in Portugal, starting in late 2027. (More at https://t.co/ZR1eHENku4)
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Fitch warns that continued elevated prices could broaden the credit divide within Asia-Pacific oil refiners.
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US stock futures show gains: S&P 500 E-minis +0.24%, Dow +0.23%, Nasdaq 100 +0.38%.
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Hon Hai Sales Grow 30% With Expansion Of AI Server Business - BBG https://t.co/UHEAyFVMhe
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The UK has imposed 18 new sanctions designations related to Russia and 17 under its global irregular migration sanctions framework.
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UK New Car Registrations (Y/Y) Apr: 24% (prev 6.6%)
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Volvo Car Posts 10% Drop in Sales-WSJ
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Volvo Car posted a 10% fall in quarterly sales as competition in China ramped up and U.S. consumer sentiment remained weak. https://t.co/Z9E9owiRCe
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Indonesia announces higher EV incentives for vehicles using nickel batteries sourced domestically, according to the finance minister.
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RT @stockdatamarket: Axios “peace headline” posts used to move the S&P 500 almost in lockstep. Now? The market barely flinches. Feels lik…
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LiveSquawk EU Briefing (05/05/26) https://t.co/A7pGZX7Yxe
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According to WHO, a cruise ship has reported two confirmed cases and five suspected hantavirus infections.
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Glencore stated that the situation remains contained and that attention is being directed toward treating injured personnel.
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#OOTT Iraq Slashes Oil Prices For Buyers Willing To Transit Hormuz - BBG https://t.co/4CbxoEUlPJ
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Glencore stated that an incident occurred earlier today at the zinc smelting unit of the Ust-Kamenogorsk Metallurgical Complex.
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Iraq slashes oil prices for buyers willing to transit Hormuz.
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HSBC PROFITS HIT BY $400MN EXPOSURE TO COLLAPSED MORTGAGE LENDER MFS- FT
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According to Foxconn, Q2 is a traditional ICT off-season due to product cycles shifting between generations, but AI racks are still projected to maintain sustained growth momentum.
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Germany’s Hugo Boss kept its 2026 guidance but warned the Iran war is making conditions tougher, disrupting Middle East demand and retail activity. Q1 sales were €905M, above €887M expected, while EBIT fell 42% to €35M and net profit dropped to €17M. https://t.co/OxPyCOFY6N
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Foxconn states that, given present visibility, Q2 operations are likely to deliver QoQ and YoY growth, while continued vigilance is required regarding uncertain global political and economic conditions.
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The company backed its full-year outlook as it pushed ahead with cost cuts, adding that the potential impact from a further escalation in the Middle East ccouldn’t be reliably assessed. https://t.co/WwQ6M3vEg8
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Dollar Rises as Middle East Tensions Flare Up-WSJ
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$HSBC reported Q1 net profit of $6.94B, up just 0.1% and below the $7.02B estimate, as higher credit charges tied to Middle East conflict offset strength in Hong Kong, the UK, and wealth. Pretax profit fell 1.1% to $9.38B, while impairment charges rose to $1.30B. https://t.co/5HMrlcwPjC
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EU Crime Report: Spanish Rape Reports Surge 322% Over Last Decade, EU Sees 150% Increase https://t.co/FZ0UbaHGbl
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Swedish buyout group EQT said it submitted an improved takeover proposal for Intertek, valuing the company at $12.08 billion. https://t.co/lTZkAHcuRZ
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Vodafone to take full control of UK mobile operator in £4.3bn deal-FT
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AUSTRALIA BUCKS GLOBAL TREND AND RAISES INTEREST RATES-FT
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The dialysis specialist started restructuring its U.S. network by exiting 64 of up to 100 clinics. https://t.co/g721WdAZ1k
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Apple has held early talks with Intel $INTC and Samsung about making its main device processors in the U.S. as a backup to TSMC. No orders have been placed, but $AAPL is exploring extra supply as AI data center demand and stronger Mac sales tighten chip availability. - BBG https://t.co/J228PbfgpX
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The U.S. is intensifying efforts to cut off Iran’s most vital financial lifeline—its secretive oil trade with China https://t.co/Npo7QPQoGE
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$AUDC | AudioCodes Q1 Earnings Highlights 🔹 Revenue: $62.1M (Est. $60M) 🟢 🔹 Adj. EPS: $0.14 (Est. $0.13) 🟢 🔹 ARR: $80M; UP nearly +20% YoY 🔹 Conversational AI Business: UP over +50% YoY 🔹 VAIC + Live Hub: Secured significant new client acquisitions and expansions Segment
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European markets are slightly higher, with the Euro STOXX up 0.07% and blue chips up 0.03%.
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Consumer prices were up 0.6% on year, higher than the 0.3% inflation rate in March, as the Iran war sent imported energy costs climbing. https://t.co/PMHV7OShZI
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RT @stockdatamarket: The Fed just cut interest rates (check ~0:53)… but bond yields are still climbing. Read that again. When rates fall…
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The Malaysian PM urged local authorities to lower rent for all businesses.
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The fuel-price crunch is turning into a disaster for airlines, particularly budget carriers https://t.co/hQPe8cqAzt
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Zelenskiy stated that Ukraine will answer in kind.
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Ukraine’s Zelenskiy called it “utterly cynical” that Russia requests a ceasefire while launching missile and drone attacks in the following days.
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Cambodia’s foreign minister expressed regret over Thailand’s cancellation of the agreement on joint energy exploration.
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RT @JavierBlas: MAP OF THE DAY: Based on the information disclosed by the US (via @UK_MTO), I have drawn this Strait of Hormuz map. 🔴 Old…
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UAE presidential advisor Anwar Gargash says these positions confirm Iran as the aggressor, responsible for escalating the Gulf crisis and posing a threat to regional security.
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Big Shake-Up: Putin Fires Head Of Aerospace Forces After Devastating Ukrainian Drone Attacks https://t.co/4IGeEyPKTG
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UAE presidential advisor Anwar Gargash says the country values messages of solidarity from Gulf, Arab, and international communities condemning the “treacherous Iranian attack.”
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Advisor to the UAE's president, Anwar Gargash: We appreciate and value the messages of solidarity from the Gulf, Arab, and international communities with the UAE, which condemn and denounce the 'treacherous Iranian attacks'
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The Norwegian finance minister noted that the wealth fund faces market uncertainty and increased concentration risk.
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(US) Flightradar24: US Air Force KC-135 is squawking 7700 (indicating a general emergency) flying in the direction of Doha over the Persian Gulf, east of Qatar/off UAE coast (More at https://t.co/n0HfJdJ4UW)
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#OOTT South Korea Blue House Considering Participation In Trump's 'Project Freedom' – RTRS Cites Officials
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He asked ChatGPT for advice on a mass killing. Minutes later, two were dead. OpenAI is wrestling with how to handle its most chilling conversations. https://t.co/vXQ6TYfJsX
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Today's Key Events (All EST) — 05/05 08:00: Hegseth address (Tentative) 08:30: US Trade Balance 08:55: US Redbook YoY 09:45: US S&P Services PMI 10:00: US ISM Services PMI 10:00: US JOLTS Job Openings 10:00: Fed's Bowman 10:00: US New Home Sales Change 12:30: Fed's Barr
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RT @TradeFloorAudio: *Todays Scheduled CB Speakers* ALL TIMES BST ECB Panetta 9am ECB Lane 4.40pm Fed Bowman 3pm Fed Barr 5.30pm
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French Trade Minister Forissier: US Relationship Some-Times Difficult To Follow - BBG TV - Trying To Build Strong, Predictable US Relationship - We Have To Implement EU-US Agreement From July
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$GOOGL Alphabet Starts A Six-Part Euro Bond Offering
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Switzerland CPI (Y/Y) Apr: 0.6% (est 0.6%; prev 0.3%) - CPI (M/M): 0.3% (est 0.3%; prev 0.2%) - CPI Core (Y/Y): 0.3% (est 0.5%; prev 0.4%) - CPI EU Harmonised (Y/Y): 0.5% (prev 0.6%) - CPI EU Harmonised (M/M): 0.6% (prev 0.1%)
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17% chance GameStop acquires eBay, per Polymarket. See more: https://t.co/V4Wpfr4IDn
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$FIG Nice 10% pop today at the intraday peak.
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There is a 52% chance Iran closes its airspace by May 31, per Polymarket. See more: https://t.co/GZqUo5cW5X
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$GOOGL To sell EUR-denominated bonds (6 tranches) (Alphabet Inc) (More at https://t.co/nSvLOdrZhC)
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Abu Dhabi Islamic Bank Egypt posts Q1 attributable net profit of EGP 3.65 billion.
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RT @flightradar24: A US Air Force KC-135 is squawking 7700 flying in the direction of Doha. https://t.co/wxldcwLX1g For more information o…
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Australia’s benchmark ASX 200 index falls 0.2% to close at 8,680.50 points.
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Jerome Powell didn’t want to remain on the Federal Reserve’s board after his term as chair ended. He concluded he had no choice as President Trump’s legal challenges threatened to change how the Fed operates. https://t.co/dTy0I7Z3Jt
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L'Oréal rating raised to Neutral from Underperform by Exane BNP Paribas.
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Iran Warns U.S. Against ‘Being Dragged Back Into Quagmire’-wsj
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CBS News on officials: Two American destroyers crossed the Strait of Hormuz after passing through an Iranian barrage of fire
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An escalation in the conflict in the Strait of Hormuz caused global bond yields to rise and risks prevail for further increases, Danske Bank said. https://t.co/4aVjWDYSTX
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Iran’s Qalibaf states that the existing status quo is no longer sustainable for the U.S.
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South Korea Considering Trump's Hormuz Project – Newsis https://t.co/hpCfr0weeW
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IRAN GHLABAF: The new equation of the Strait of Hormuz is in the process of being solidified. The security of shipping and energy transit has been jeopardized by the United States and its allies through the violation of the ceasefire and the imposition of a blockade; of course,
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RT @mb_ghalibaf: معادلهٔ‌ جدید تنگهٔ هرمز در حال تثبیت است. امنیت کشتیرانی و ترانزیت انرژی به دست آمریکا و متحدانش با نقض آتش‌بس و اعمال مح…
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IRAN'S GHALIBAF: US CEASEFIRE VIOLATIONS JEOPARDIZE SHIPPING
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Reissued 2044 Treasury bonds in the Philippines draw an average yield of 7.705%.
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Germany's Inflation Scapegoat: Why Hormuz Is A Convenient Cover Story https://t.co/NCGGNgoIFm
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The Italian bank lifted its guidance for the year, as first-quarter results were boosted by 4.9% revenue growth. https://t.co/ufoFyMaSkC
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Barclays Raises SK Hynix Target Price To EUR 1100 From EUR 900
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Barclays Raises Samsung Electronics Target Price To GBP 4250 From GBP 4000
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According to RBA Governor Bullock, costs will mount all year even in the event of a swift resolution to the conflict.
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Drones shatter months of relative calm in Sudan’s capital as airport targeted-scmp
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Danish company Maersk says one of its ships has exited the Strait of Hormuz under U.S. escort.
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RBA Gov Bullock: Rate Increases Will Help Contain Inflationary Shock - If Second Round Effects Feed Through To Expectations, Could Require Even Higher Rates - Cash Rate Is Now A Bit Restrictive, Gives Us Space To See How Conflict Fares
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According to RBA Governor Bullock, the board feels it is in a position to manage risks in either direction.
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RBA Governor Bullock stated that if second-round effects pass through to expectations, further rate increases may be necessary.
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RBA Governor Bullock stated that higher interest rates will help curb inflationary pressure.
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The world’s largest brewer booked a 0.8% organic increase in total volumes over the first three months of the year, ending a period of sliding volumes. https://t.co/6ATVPUZRyW
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Good night to everyone:
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The Thai finance minister stated that all borrowing will come from within the country.
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The U.S. is striving to dominate the drone evolution in military technology the way it has with previous wartime innovations. There is just one problem: China got there first. https://t.co/aFzNOixQQz
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Maersk confirmed that one of its ships exited the Strait of Hormuz under escort from the United States.
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Israel’s military reiterated its warning for residents of Jibshit and Sarafina in southern Lebanon to leave the area at once.
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RT @business: Standard Chartered’s wholly owned venture capital unit SC Ventures has invested in crypto trading firm GSR, as the bank pushe…
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Vodafone Group will take full ownership of its joint venture with CK Hutchison after the Hong Kong conglomerate agreed to sell its stake in one of the U.K.’s largest mobile operators for more than US$5 billion. https://t.co/79KzsY0koE
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AB InBev Q1 26 Earnings: • Revenue: $15.27B (est $14.84B) • Organic Revenue: +5.8% (est +3.15%) • Organic Volume Growth: +0.8% (est -0.31%) • Adj EBITDA Margin: 35.6% (est 35.4%)
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UniCredit Q1 26 Earnings: • Net Income: €3.22B (est €2.68B) • Revenue: €6.87B (est €6.43B) • Net Interest Income: €3.59B (est €3.51B) • Sees FY26 Net Profit At Or Above €11B
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AB InBev Q1 26 Earnings: • Revenue: $15.27B (est $14.84B) • Organic Revenue: +5.8% (est +3.15%) • Organic Volume Growth: +0.8% (est -0.31%) • Adj EBITDA Margin: 35.6% (est 35.4%)
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UniCredit Q1 26 Earnings: • Net Income: €3.22B (est €2.68B) • Revenue: €6.87B (est €6.43B) • Net Interest Income: €3.59B (est €3.51B) • Sees FY26 Net Profit At Or Above €11B
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Ukraine’s Poltava region saw four deaths after an overnight Russian drone and missile strike, according to the governor.
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The Trump administration is revamping the federal student-loan program, pushing borrowers into plans that might require bigger monthly payments or take longer to be discharged. Those who do have their loans forgiven could now face a tax bill. https://t.co/dFYQPPU8uP
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Burberry Group receives a Hold rating and 1080p target price as Berenberg initiates coverage.
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“They tried to get a nuclear weapon. If you don’t believe that, you shouldn’t be allowed to drive.” https://t.co/Rd3U8uF4xz
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Mehr News Agency: Outbreak of fire on several commercial ships in Dayyer port, southern Iran
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$LVMH Exploring Sale Of Marc Jacobs Brand - FT
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The London-based bank said first-quarter net profit was largely flat as higher credit charges amid the Middle East conflict offset the strength in its Hong Kong, U.K. and wealth businesses. https://t.co/pRtNSyof7t
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Indian Foreign Ministry: Ready to support all efforts aimed at finding a peaceful solution to the situation in the Strait of Hormuz
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Reserve Bank of Australia: Underlying inflation is expected to stay elevated before gradually returning toward the target range.
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Reserve Bank of Australia: So far, there is limited evidence that Australian consumer demand or domestic economic activity has been significantly disrupted by the conflict.
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Reserve Bank of Australia: CPI inflation is projected to peak at 4.8% in Q2 before gradually easing toward 2.5% by 2028.
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Reserve Bank of Australia: The Gulf conflict is identified as a key shock that is worsening both inflation and growth expectations.
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Reserve Bank of Australia: Statement on Monetary Policy raises inflation forecasts while lowering growth and employment outlook for the coming years.
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Reserve Bank of Australia: The outlook points to subdued, below-trend economic growth over the next two years amid ongoing global and domestic pressures.
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Reserve Bank of Australia: Overall uncertainty around growth and inflation remains significantly elevated.
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Reserve Bank of Australia: Higher energy prices are expected to create broader second-round inflation effects across the economy.
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Reserve Bank of Australia: Labour market conditions remain tight, though signs of easing are gradually emerging.
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Reserve Bank of Australia: Financial conditions are difficult to assess and may be either neutral or slightly restrictive at present.
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Reserve Bank of Australia: Unemployment is expected to edge higher over time, reflecting slower economic momentum.
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Reserve Bank of Australia: GDP growth is projected to remain weak, averaging well below historical norms through the forecast horizon.
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Reserve Bank of Australia: Forecasts assume additional rate increases and a gradual decline in oil prices over the medium term.
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Reserve Bank of Australia: Inflation pressures remain entrenched despite limited recent changes in economic data.
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Reserve Bank of Australia: Energy markets are a key risk, with potential supply disruptions and higher fuel prices.
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Reserve Bank of Australia: Businesses are increasingly planning to raise prices as cost pressures persist.
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Reserve Bank of Australia: Alternative scenarios consider prolonged geopolitical tensions and sustained high energy costs.
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Reserve Bank of Australia: Most members supported a rate increase, while one member preferred no change in policy.
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$PFE We've made progress so far this year in delivering our 2026 critical R&D milestones, including three positive Phase 3 readouts and encouraging mid-stage readouts for both approved and investigational medicines. We're keeping pace with our robust agenda of approximately 20
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Archer-Daniels-Midland raised its full-year earnings outlook after the Trump administration issued new rules requiring gas and diesel to contain more biofuels. https://t.co/YawessSObR
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PFIZER $PFE Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $14.5B (Est. $13.84B) 🟢; +5% YoY, +2% operational 🔹 Adj. EPS: $0.75 (Est. $0.72) 🟢 🔹 Revenue Ex-Comirnaty/Paxlovid: +7% operational 🔹 Launched & Acquired Product Revenue: +22% operational 🔹 Pipeline: On track to start ~20 https://t.co/xHQLvAncHO
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Treasury's latest economic report to the TBAC (private-sector advisers on public debt issuance) slimmed down its inflation table, dropping core inflation measures along with a range of subcategories. What's remaining: headline CPI, food, and energy. Q1 (left) vs Q2 (right) https://t.co/XQ4paUIFqa
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$PFE Pfizer Q1 2026 Earnings Adj EPS $0.75, est. $0.72 Rev. $14.45B, est. $13.8B
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Plus, Iran cease-fire in peril. https://t.co/oqpx2zR3Td
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RT @Steven_Swinford: Breaking: Sir Keir Starmer suggests the government is investigating whether Iran is behind the spate of antisemitic a…
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$DD Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.68B (Est. $1.66B) 🟢; +4% YoY 🔹 Adj. EPS: $0.55 (Est. $0.49) 🟢; +53% YoY 🔹 Organic Sales: +2% YoY 🔹 Operating EBITDA: $414M; +15% YoY 🔹 Operating EBITDA Margin: 24.6%; +230 bps YoY 🔹 ASR: $275M accelerated share repurchase https://t.co/5GGU7ipBoR
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EATON Q1 2026 EARNINGS - ADJ EPS $2.81 (EST $2.75) - NET SALES $7.45B (EST $7.13B) - ELECTRICAL AMERICAS NET SALES $3.6B (EST $3.46B) - AEROSPACE NET SALES $1.18 (EST $1.11B) - ELECTRICAL GLOBAL NET SALES $1.95B (EST $1.78B) - SEES Q2 ADJ EPS $3.00 TO $3.10 (EST $3.14) - SEES FY
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Eaton Q1 2026 Earnings - Adj EPS $2.81 (est $2.75) - Net Sales $7.45B (est $7.13B) - Electrical Americas Net Sales $3.6B (est $3.46B) - Aerospace Net Sales $1.18 (est $1.11B) - Electrical Global Net Sales $1.95B (est $1.78B) - Sees Q2 Adj EPS $3.00 To $3.10 (est $3.14)
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“This is a warning. We know you live right here.” Federal agents nationwide can access your personal data, including communications and daily travels in America’s new surveillance dragnet. https://t.co/w4xn68sYMn
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Is Europe Sliding Towards Stagflation? https://t.co/1zQsfnU2AC
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RT @business: Japan can conduct only two more sessions of three-day interventions by November, based on IMF guidelines https://t.co/NeTc1Iw…
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RT @themarketear: DB: "Our forecasts (and the consensus) are for earnings to rise well above their long-term trend channel" - interpretatio…
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Canada-US oil pipeline nears commitment requirement - Source
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DuPont de Nemours lifted its outlook and plans to buy back $275 million of stock after swinging to a profit in the first quarter. https://t.co/HgeZMmoJqz
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DUPONT DE NEMOURS Q1 2026 EARNINGS - ADJ EPS 55C (EST 48C) - NET SALES $1.68B (EST $1.66B) - SEES Q2 ADJ EPS ABOUT 59C (EST 58C) - SEES Q2 OPER EBITDA ABOUT $430M (EST $439.3M) - SEES FY OPER EBITDA $1.73B TO $1.76B, SAW $1.73B TO $1.76B - SEES FY NET SALES $7.16B TO $7.22B, SAW
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ARCHER-DANIELS-MIDLAND Q1 2026 EARNINGS - REV. $20.49B (EST $20.61B) - ADJ EPS 71C (EST 65C) - OILSEEDS PROCESSING VOL. 9.30M METRIC TONS (EST 9.31M) - CORN PROCESSING VOLUME 4.54M METRIC TONS (EST 4.61M)
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DUKE ENERGY Q1 2026 EARNINGS - ADJ EPS $1.93 (EST $1.81) - STILL SEES FY ADJ EPS $6.55 TO $6.80 (EST $6.10)
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$ATKR Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $731.4 million (Est. $714.53 million) 🟢; +4.2% YoY 🔹 Adj. EPS: $1.23 (Est. $1.06) 🟢 🔹 Adjusted EBITDA: $81.1 million 🔹 Organic Volume Growth: Approximately 5% YoY 🔹 Dividend: $0.33/share payable May 29, 2026 FY Guide: 🔹 Adj.
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Advance data, marking the first economic print since the war broke out, showed that the city’s gross domestic product rose 5.9% in January-March period from a year earlier. https://t.co/AooT8CLXCf
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Duke Energy Q1 2026 Earnings - Adj EPS $1.93 (est $1.81) - Still Sees FY Adj EPS $6.55 To $6.80 (est $6.10)
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Bullish $BLSH is buying transfer agent Equiniti in a $4.2B deal, including debt, as the crypto exchange pushes deeper into tokenized stocks. Equiniti serves nearly 3,000 public companies & they plan to offer issuers trading, registry, and settlement tools for tokenized securities https://t.co/gKJRpJf7JW
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DuPont De Nemours Q1 2026 Earnings - Adj EPS 55C (est 48C) - Net Sales $1.68B (est $1.66B) - Sees Q2 Adj EPS About 59C (est 58C) - Sees FY Net Sales $7.16B To $7.22B, Saw $7.08B To $7.14B - Sees FY Adj EPS $2.35 To $2.40, Saw $2.25 To $2.30
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Archer-Daniels-Midland Q1 2026 Earnings - Rev. $20.49B (est $20.61B) - Adj EPS 71C (est 65C) - Oilseeds Processing Vol. 9.30M Metric Tons (est 9.31M) - Corn Processing Volume 4.54M Metric Tons (est 4.61M)
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Equiniti is one of the world’s biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody’s. https://t.co/hm5eLjLhX9
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Minimalist nails are having a moment. How to get the look and ease off of gels, plus products from the experts. https://t.co/s8ojIpTzFg
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$BKNG TTN Summary Barclays Americas Select Franchise Conf: “the lower end of the U.S. market is improving” and “we saw ADRs now flat,” signaling easing pressure on lower-income travel demand (Booking Holdings Inc) (More at https://t.co/f2AhcGhnOl)
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Caught Off Guard: Stunned EU Leaders React To Trump's Troop Reduction In Germany https://t.co/24fiOEEHYL
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Insurer will reduce required authorizations by 30%, easing access to some tests, surgeries and therapy. https://t.co/htOoOWr6Z8
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Large houses on large lots dominate the 63131 ZIP Code, where properties list for millions. https://t.co/qMWwoZ6kBF
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UNITEDHEALTH TO MAKE IT EASIER FOR PATIENTS TO GET A RANGE OF PROCEDURES - WSJ
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UNITEDHEALTH WILL REDUCE REQUIRED AUTHORIZATIONS BY 30%, EASING ACCESS TO SOME TESTS, SURGERIES AND THERAPY - WSJ
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Iran's foreign minister is travelling to China on Tuesday for talks
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Hong Kong posts strongest quarterly economic growth in almost 5 years at 5.9%-scmp
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I planned to test it for a few weeks. What followed was a monthslong back-and-forth on everything from tariffs to leveraged funds. https://t.co/sBO311TVLC
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Here is an early look at the front page of today's Wall Street Journal https://t.co/TWY05wXWWI https://t.co/Hz9TRx42rh
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https://t.co/iFKIwGqxK0
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#OOTT Iran Foreign Minister Travelling To China Tuesday For Talks
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United flight UA135 is declaring an emergency and diverting to London-AIRLIVE
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Trump’s new Air Force One will arrive this summer, combining all the Qatari royal opulence with a $400 million security overhaul. https://t.co/tkCntHD0c2 https://t.co/sWNFZUgboD
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RT @bresreports: .@PunchbowlNews AM today - Iowa’s Senate Democratic primary is getting messy - It’s Primary Day in Ohio, Indiana - GOP dro…
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Russia’s Defence Ministry says the action was a response strike to Ukrainian assaults on Russian civil infrastructure, IFX reports.
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(US) Reportedly new study estimates $1.03T of wear and tear on roads, bridges and buildings across infrastructure in 2,000 U.S. cities, over 3x municipal bond debt and 4x pension debt - WSJ (More at https://t.co/EG1CaSoyac)
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With no balance sheet penalty for putting off infrastructure repairs, cities often delay making improvements. https://t.co/E6wYOfoUYM
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OpenAI’s chatbot dispenses advice on weapons and role-plays mass shootings. The carnage is raising scrutiny on when and how companies intervene. https://t.co/zT8nYT6s0t
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Germany's Silent Shift: From Entrepreneurs To State Dependence https://t.co/9VtTN4txeD
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The CEO of UniCredit stated that in Italy the bank has walked away from several M&A deals, beyond the two that are publicly disclosed.
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Bears since March 31 2026 😢 https://t.co/RSLu0AQP32
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$MTB TTN Summary Barclays Americas Select Franchise Conference: CRE demand turned “really strong” since March, with over $1 billion of production in March and a “really strong April”; says CRE “is going to grow this year, probably in the next quarter or two” (M&T Bank
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The CEO of UniCredit stated that full participation by shareholders holding both banks’ shares would push its Commerzbank stake significantly above 30%.
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Indonesia will ramp up government spending in Q2 to strengthen GDP growth, the chief economic minister said.
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Indonesia’s chief economic minister says the government is working with Bank Indonesia on currency swap arrangements with China, Japan, and South Korea to support the rupiah.
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Inside the big spending and internal drama at ActBlue, which faces investigations from the Justice Department and congressional Republicans six months before the 2026 midterms https://t.co/VVorpKwIe6
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Ukraine is targeting about 13 billion hryvnia in revenue from privatising state assets this year, according to the PM.
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This rally may fade very quickly. There's a big positioning near 7120. We would need a lot of AXIOS posts to keep it going https://t.co/qD5951N0pt
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The Vatican ambassador to the Holy See says US Secretary Rubio’s meeting with Pope Leo will include a “frank conversation” about US policy.
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Honk Kong GDP SA (Q/Q) Q1 A: 2.9% (est 0.9%; prev 1.0%) - GDP (Y/Y): 5.9% (est 3.5%; prev 3.8%)
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Oil eased, U.S. stocks rallied premarket after slipping Monday and the dollar rose, with investors on edge as tensions flared in the Strait of Hormuz. https://t.co/5B6crJTbs7
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FORECLOSURE FILINGS HIT SIX-YEAR HIGH AS RISING PROPERTY TAXES, INSURANCE COSTS AND DEBT PRESSURE U.S. HOMEOWNERS PER WSJ
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Foreclosure filings have jumped to a six-year high as rising property taxes, insurance costs and debt strain U.S. homeowners. https://t.co/HSUPuXaLkZ https://t.co/wSqsS87p1X
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WeRide CEO sees ‘ChatGPT moment’ in driverless cars within 10 years-SCMP
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Ming-Chi Kuo: OpenAI appears to be fast-tracking its first AI agent phone, with mass production now targeted as early as 1H27. Kuo says it may use a custom MediaTek Dimensity 9600 with dual NPUs, and 2027-2028 shipments could reach roughly 30M units.
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Sewage-tainted wastewater from nearby Mexico is fouling Coronado, Calif., known for some of the best beaches in America https://t.co/McdxjYpTlJ https://t.co/9HqZdKWre8
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EU Going To War With VPNs In Bid To "Save The Children" https://t.co/9TFd6m7Ayp
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EU sounds out industry over new trade weapon against China’s overcapacity-SCMP
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Westpac announces a 0.25% p.a. increase in variable home loan rates for new and existing borrowers, starting May 15.
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EU’s Von Der Leyen: EU Ready For All Scenarios If US Breaks Deal - Bloc Is In Process Of Implementing US Trade Deal
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$KMI TTN Summary Barclays Americas Select Franchise Conf: Middle East supply risk is “going to be a substantial catalyst for incremental development both with respect to production and associated infrastructure in the United States,” with the Permian the first place to look
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The UK recorded a 24.0% annual increase in new car registrations in April, totaling 149,247 units, SMMT said.
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EU Chief: Bloc is in process of implementing US trade deal.
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$TSLA BYD UK New Car Sales In April Up 73.6% Y/Y To 2,612 Electric Vehicles - New Automotive Data - Tesla's UK New Car Sales In April Up 48.6% Y/Y To 838 Electric Vehicles
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New automotive data shows BYD UK electric vehicle sales rose 73.6% YoY in April, reaching 2,612 units.
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Tesla recorded a 48.6% rise in UK car sales in April year-on-year, totaling 838 electric vehicles, data indicates.
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UK total new car sales climbed 22.4% year-on-year in April to 144,222 units, data indicates.
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Despite playing in the sport’s smallest media market, the Milwaukee Brewers have reached the playoffs in seven of the past eight seasons. Not even baseball’s smartest computer systems saw them coming. https://t.co/W2holeAWT8
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New pricing rates will be implemented from May 15, NAB announces.
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(UK) The Times reporter Swinford: Labour MPs are discussing plans to demand PM Starmer set a date for his resignation (More at https://t.co/VzAGBECN9F)
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UBS Initiates Coverage on $UCTT with Buy Rating, PT $130 Analyst comments: "As the largest supplier by COGS to Lam Research and Applied Materials, Ultra Clean provides outsourced design and manufacturing of critical subsystems, along with cleaning, coating, and contamination https://t.co/A8aqHNel9I
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Ukraine carried out double the number of “middle-strike” operations in April versus March, according to Zelenskyy.
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Nscale to deliver 66K+ Nvidia Rubin GPUs to Microsoft at SINES Data Campus in Portugal, starting in late 2027. (More at https://t.co/ZR1eHENku4)
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Fitch warns that continued elevated prices could broaden the credit divide within Asia-Pacific oil refiners.
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US stock futures show gains: S&P 500 E-minis +0.24%, Dow +0.23%, Nasdaq 100 +0.38%.
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Hon Hai Sales Grow 30% With Expansion Of AI Server Business - BBG https://t.co/UHEAyFVMhe
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The UK has imposed 18 new sanctions designations related to Russia and 17 under its global irregular migration sanctions framework.
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UK New Car Registrations (Y/Y) Apr: 24% (prev 6.6%)
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Volvo Car Posts 10% Drop in Sales-WSJ
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Volvo Car posted a 10% fall in quarterly sales as competition in China ramped up and U.S. consumer sentiment remained weak. https://t.co/Z9E9owiRCe
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Indonesia announces higher EV incentives for vehicles using nickel batteries sourced domestically, according to the finance minister.
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RT @stockdatamarket: Axios “peace headline” posts used to move the S&P 500 almost in lockstep. Now? The market barely flinches. Feels lik…
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LiveSquawk EU Briefing (05/05/26) https://t.co/A7pGZX7Yxe
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According to WHO, a cruise ship has reported two confirmed cases and five suspected hantavirus infections.
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Glencore stated that the situation remains contained and that attention is being directed toward treating injured personnel.
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#OOTT Iraq Slashes Oil Prices For Buyers Willing To Transit Hormuz - BBG https://t.co/4CbxoEUlPJ
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Glencore stated that an incident occurred earlier today at the zinc smelting unit of the Ust-Kamenogorsk Metallurgical Complex.
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Iraq slashes oil prices for buyers willing to transit Hormuz.
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HSBC PROFITS HIT BY $400MN EXPOSURE TO COLLAPSED MORTGAGE LENDER MFS- FT
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According to Foxconn, Q2 is a traditional ICT off-season due to product cycles shifting between generations, but AI racks are still projected to maintain sustained growth momentum.
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Germany’s Hugo Boss kept its 2026 guidance but warned the Iran war is making conditions tougher, disrupting Middle East demand and retail activity. Q1 sales were €905M, above €887M expected, while EBIT fell 42% to €35M and net profit dropped to €17M. https://t.co/OxPyCOFY6N
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Foxconn states that, given present visibility, Q2 operations are likely to deliver QoQ and YoY growth, while continued vigilance is required regarding uncertain global political and economic conditions.
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The company backed its full-year outlook as it pushed ahead with cost cuts, adding that the potential impact from a further escalation in the Middle East ccouldn’t be reliably assessed. https://t.co/WwQ6M3vEg8
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Dollar Rises as Middle East Tensions Flare Up-WSJ
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$HSBC reported Q1 net profit of $6.94B, up just 0.1% and below the $7.02B estimate, as higher credit charges tied to Middle East conflict offset strength in Hong Kong, the UK, and wealth. Pretax profit fell 1.1% to $9.38B, while impairment charges rose to $1.30B. https://t.co/5HMrlcwPjC
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EU Crime Report: Spanish Rape Reports Surge 322% Over Last Decade, EU Sees 150% Increase https://t.co/FZ0UbaHGbl
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Swedish buyout group EQT said it submitted an improved takeover proposal for Intertek, valuing the company at $12.08 billion. https://t.co/lTZkAHcuRZ
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Vodafone to take full control of UK mobile operator in £4.3bn deal-FT
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AUSTRALIA BUCKS GLOBAL TREND AND RAISES INTEREST RATES-FT
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The dialysis specialist started restructuring its U.S. network by exiting 64 of up to 100 clinics. https://t.co/g721WdAZ1k
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Apple has held early talks with Intel $INTC and Samsung about making its main device processors in the U.S. as a backup to TSMC. No orders have been placed, but $AAPL is exploring extra supply as AI data center demand and stronger Mac sales tighten chip availability. - BBG https://t.co/J228PbfgpX
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The U.S. is intensifying efforts to cut off Iran’s most vital financial lifeline—its secretive oil trade with China https://t.co/Npo7QPQoGE
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$AUDC | AudioCodes Q1 Earnings Highlights 🔹 Revenue: $62.1M (Est. $60M) 🟢 🔹 Adj. EPS: $0.14 (Est. $0.13) 🟢 🔹 ARR: $80M; UP nearly +20% YoY 🔹 Conversational AI Business: UP over +50% YoY 🔹 VAIC + Live Hub: Secured significant new client acquisitions and expansions Segment
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European markets are slightly higher, with the Euro STOXX up 0.07% and blue chips up 0.03%.
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Consumer prices were up 0.6% on year, higher than the 0.3% inflation rate in March, as the Iran war sent imported energy costs climbing. https://t.co/PMHV7OShZI
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RT @stockdatamarket: The Fed just cut interest rates (check ~0:53)… but bond yields are still climbing. Read that again. When rates fall…
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The Malaysian PM urged local authorities to lower rent for all businesses.
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The fuel-price crunch is turning into a disaster for airlines, particularly budget carriers https://t.co/hQPe8cqAzt
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Zelenskiy stated that Ukraine will answer in kind.
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Ukraine’s Zelenskiy called it “utterly cynical” that Russia requests a ceasefire while launching missile and drone attacks in the following days.
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Cambodia’s foreign minister expressed regret over Thailand’s cancellation of the agreement on joint energy exploration.
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RT @JavierBlas: MAP OF THE DAY: Based on the information disclosed by the US (via @UK_MTO), I have drawn this Strait of Hormuz map. 🔴 Old…
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UAE presidential advisor Anwar Gargash says these positions confirm Iran as the aggressor, responsible for escalating the Gulf crisis and posing a threat to regional security.
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Big Shake-Up: Putin Fires Head Of Aerospace Forces After Devastating Ukrainian Drone Attacks https://t.co/4IGeEyPKTG
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UAE presidential advisor Anwar Gargash says the country values messages of solidarity from Gulf, Arab, and international communities condemning the “treacherous Iranian attack.”
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Advisor to the UAE's president, Anwar Gargash: We appreciate and value the messages of solidarity from the Gulf, Arab, and international communities with the UAE, which condemn and denounce the 'treacherous Iranian attacks'
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The Norwegian finance minister noted that the wealth fund faces market uncertainty and increased concentration risk.
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(US) Flightradar24: US Air Force KC-135 is squawking 7700 (indicating a general emergency) flying in the direction of Doha over the Persian Gulf, east of Qatar/off UAE coast (More at https://t.co/n0HfJdJ4UW)
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#OOTT South Korea Blue House Considering Participation In Trump's 'Project Freedom' – RTRS Cites Officials
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He asked ChatGPT for advice on a mass killing. Minutes later, two were dead. OpenAI is wrestling with how to handle its most chilling conversations. https://t.co/vXQ6TYfJsX
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Today's Key Events (All EST) — 05/05 08:00: Hegseth address (Tentative) 08:30: US Trade Balance 08:55: US Redbook YoY 09:45: US S&P Services PMI 10:00: US ISM Services PMI 10:00: US JOLTS Job Openings 10:00: Fed's Bowman 10:00: US New Home Sales Change 12:30: Fed's Barr
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RT @TradeFloorAudio: *Todays Scheduled CB Speakers* ALL TIMES BST ECB Panetta 9am ECB Lane 4.40pm Fed Bowman 3pm Fed Barr 5.30pm
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French Trade Minister Forissier: US Relationship Some-Times Difficult To Follow - BBG TV - Trying To Build Strong, Predictable US Relationship - We Have To Implement EU-US Agreement From July
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$GOOGL Alphabet Starts A Six-Part Euro Bond Offering
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Switzerland CPI (Y/Y) Apr: 0.6% (est 0.6%; prev 0.3%) - CPI (M/M): 0.3% (est 0.3%; prev 0.2%) - CPI Core (Y/Y): 0.3% (est 0.5%; prev 0.4%) - CPI EU Harmonised (Y/Y): 0.5% (prev 0.6%) - CPI EU Harmonised (M/M): 0.6% (prev 0.1%)
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17% chance GameStop acquires eBay, per Polymarket. See more: https://t.co/V4Wpfr4IDn
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$FIG Nice 10% pop today at the intraday peak.
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There is a 52% chance Iran closes its airspace by May 31, per Polymarket. See more: https://t.co/GZqUo5cW5X
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$GOOGL To sell EUR-denominated bonds (6 tranches) (Alphabet Inc) (More at https://t.co/nSvLOdrZhC)
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Abu Dhabi Islamic Bank Egypt posts Q1 attributable net profit of EGP 3.65 billion.
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RT @flightradar24: A US Air Force KC-135 is squawking 7700 flying in the direction of Doha. https://t.co/wxldcwLX1g For more information o…
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Australia’s benchmark ASX 200 index falls 0.2% to close at 8,680.50 points.
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Jerome Powell didn’t want to remain on the Federal Reserve’s board after his term as chair ended. He concluded he had no choice as President Trump’s legal challenges threatened to change how the Fed operates. https://t.co/dTy0I7Z3Jt
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L'Oréal rating raised to Neutral from Underperform by Exane BNP Paribas.
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Iran Warns U.S. Against ‘Being Dragged Back Into Quagmire’-wsj
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CBS News on officials: Two American destroyers crossed the Strait of Hormuz after passing through an Iranian barrage of fire
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An escalation in the conflict in the Strait of Hormuz caused global bond yields to rise and risks prevail for further increases, Danske Bank said. https://t.co/4aVjWDYSTX
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Iran’s Qalibaf states that the existing status quo is no longer sustainable for the U.S.
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South Korea Considering Trump's Hormuz Project – Newsis https://t.co/hpCfr0weeW
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IRAN GHLABAF: The new equation of the Strait of Hormuz is in the process of being solidified. The security of shipping and energy transit has been jeopardized by the United States and its allies through the violation of the ceasefire and the imposition of a blockade; of course,
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RT @mb_ghalibaf: معادلهٔ‌ جدید تنگهٔ هرمز در حال تثبیت است. امنیت کشتیرانی و ترانزیت انرژی به دست آمریکا و متحدانش با نقض آتش‌بس و اعمال مح…
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IRAN'S GHALIBAF: US CEASEFIRE VIOLATIONS JEOPARDIZE SHIPPING
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Reissued 2044 Treasury bonds in the Philippines draw an average yield of 7.705%.
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Germany's Inflation Scapegoat: Why Hormuz Is A Convenient Cover Story https://t.co/NCGGNgoIFm
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The Italian bank lifted its guidance for the year, as first-quarter results were boosted by 4.9% revenue growth. https://t.co/ufoFyMaSkC
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Barclays Raises SK Hynix Target Price To EUR 1100 From EUR 900
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Barclays Raises Samsung Electronics Target Price To GBP 4250 From GBP 4000
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According to RBA Governor Bullock, costs will mount all year even in the event of a swift resolution to the conflict.
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Drones shatter months of relative calm in Sudan’s capital as airport targeted-scmp
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Danish company Maersk says one of its ships has exited the Strait of Hormuz under U.S. escort.
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RBA Gov Bullock: Rate Increases Will Help Contain Inflationary Shock - If Second Round Effects Feed Through To Expectations, Could Require Even Higher Rates - Cash Rate Is Now A Bit Restrictive, Gives Us Space To See How Conflict Fares
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According to RBA Governor Bullock, the board feels it is in a position to manage risks in either direction.
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RBA Governor Bullock stated that if second-round effects pass through to expectations, further rate increases may be necessary.
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RBA Governor Bullock stated that higher interest rates will help curb inflationary pressure.
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The world’s largest brewer booked a 0.8% organic increase in total volumes over the first three months of the year, ending a period of sliding volumes. https://t.co/6ATVPUZRyW
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Good night to everyone:
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The Thai finance minister stated that all borrowing will come from within the country.
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The U.S. is striving to dominate the drone evolution in military technology the way it has with previous wartime innovations. There is just one problem: China got there first. https://t.co/aFzNOixQQz
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Maersk confirmed that one of its ships exited the Strait of Hormuz under escort from the United States.
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Israel’s military reiterated its warning for residents of Jibshit and Sarafina in southern Lebanon to leave the area at once.
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RT @business: Standard Chartered’s wholly owned venture capital unit SC Ventures has invested in crypto trading firm GSR, as the bank pushe…
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Vodafone Group will take full ownership of its joint venture with CK Hutchison after the Hong Kong conglomerate agreed to sell its stake in one of the U.K.’s largest mobile operators for more than US$5 billion. https://t.co/79KzsY0koE
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AB InBev Q1 26 Earnings: • Revenue: $15.27B (est $14.84B) • Organic Revenue: +5.8% (est +3.15%) • Organic Volume Growth: +0.8% (est -0.31%) • Adj EBITDA Margin: 35.6% (est 35.4%)
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UniCredit Q1 26 Earnings: • Net Income: €3.22B (est €2.68B) • Revenue: €6.87B (est €6.43B) • Net Interest Income: €3.59B (est €3.51B) • Sees FY26 Net Profit At Or Above €11B
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AB InBev Q1 26 Earnings: • Revenue: $15.27B (est $14.84B) • Organic Revenue: +5.8% (est +3.15%) • Organic Volume Growth: +0.8% (est -0.31%) • Adj EBITDA Margin: 35.6% (est 35.4%)
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UniCredit Q1 26 Earnings: • Net Income: €3.22B (est €2.68B) • Revenue: €6.87B (est €6.43B) • Net Interest Income: €3.59B (est €3.51B) • Sees FY26 Net Profit At Or Above €11B
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Ukraine’s Poltava region saw four deaths after an overnight Russian drone and missile strike, according to the governor.
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The Trump administration is revamping the federal student-loan program, pushing borrowers into plans that might require bigger monthly payments or take longer to be discharged. Those who do have their loans forgiven could now face a tax bill. https://t.co/dFYQPPU8uP
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Burberry Group receives a Hold rating and 1080p target price as Berenberg initiates coverage.
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“They tried to get a nuclear weapon. If you don’t believe that, you shouldn’t be allowed to drive.” https://t.co/Rd3U8uF4xz
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Mehr News Agency: Outbreak of fire on several commercial ships in Dayyer port, southern Iran
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$LVMH Exploring Sale Of Marc Jacobs Brand - FT
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The London-based bank said first-quarter net profit was largely flat as higher credit charges amid the Middle East conflict offset the strength in its Hong Kong, U.K. and wealth businesses. https://t.co/pRtNSyof7t
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Indian Foreign Ministry: Ready to support all efforts aimed at finding a peaceful solution to the situation in the Strait of Hormuz
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Reserve Bank of Australia: Underlying inflation is expected to stay elevated before gradually returning toward the target range.
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Reserve Bank of Australia: So far, there is limited evidence that Australian consumer demand or domestic economic activity has been significantly disrupted by the conflict.
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Reserve Bank of Australia: CPI inflation is projected to peak at 4.8% in Q2 before gradually easing toward 2.5% by 2028.
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Reserve Bank of Australia: The Gulf conflict is identified as a key shock that is worsening both inflation and growth expectations.
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Reserve Bank of Australia: Statement on Monetary Policy raises inflation forecasts while lowering growth and employment outlook for the coming years.
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Reserve Bank of Australia: The outlook points to subdued, below-trend economic growth over the next two years amid ongoing global and domestic pressures.
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Reserve Bank of Australia: Overall uncertainty around growth and inflation remains significantly elevated.
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Reserve Bank of Australia: Higher energy prices are expected to create broader second-round inflation effects across the economy.
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Reserve Bank of Australia: Labour market conditions remain tight, though signs of easing are gradually emerging.
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Reserve Bank of Australia: Financial conditions are difficult to assess and may be either neutral or slightly restrictive at present.
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Reserve Bank of Australia: Unemployment is expected to edge higher over time, reflecting slower economic momentum.
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Reserve Bank of Australia: GDP growth is projected to remain weak, averaging well below historical norms through the forecast horizon.
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Reserve Bank of Australia: Forecasts assume additional rate increases and a gradual decline in oil prices over the medium term.
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Reserve Bank of Australia: Inflation pressures remain entrenched despite limited recent changes in economic data.
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Reserve Bank of Australia: Energy markets are a key risk, with potential supply disruptions and higher fuel prices.
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Reserve Bank of Australia: Businesses are increasingly planning to raise prices as cost pressures persist.
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Reserve Bank of Australia: Alternative scenarios consider prolonged geopolitical tensions and sustained high energy costs.
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Reserve Bank of Australia: Most members supported a rate increase, while one member preferred no change in policy.
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