SF News & Events

The major averages finished broadly higher following the announcement that the U.S. will extend its ceasefire with Iran indefinitely. Equities advanced in spite of reports of renewed tensions in the Strait of Hormuz, continued disruptions to shipping and oil prices rising.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Boeingreportedearnings and revenueAT&Treportedand reiterated its FY26 earnings guidanceAlibabaand Tencentare in talks to invest in DeepSeek,Elon Musk's SpaceX said it has thelater this year for $60BPalantirand the USDA signed a $300M2. WALL STREET CALLS:Wells FargoAirbnbto Overweight on "significant business inflection"BofATwilioto Buy from UnderperformBiogento Buy at UBSZscalerto Equal Weight at Morgan StanleyBarclaysPrudentialto a sell-equivalent rating amid "too many headwinds"3. AROUND THE WEB:The U.S. Supreme Court unanimously ruled for Michigan officials, finding that Enbridge Energymissed the deadline to move its pipeline dispute into federal court, NY Times reportsGhana's mining regulator has told Newmontand AngloGoldto shift mining operations over to local contractors or face sanctions, Reuters saysInhibrx Biosciences'INBRX-106 cancer drug is drawing interest from Merckand Japan's Ono Pharmaceuticals, Reuters reportsAfter Bloomberg reported yesterday, citing sources, that Deutsche Telekomis considering a full combination with T-Mobile, CNBC's David Faber said his sources call such speculation "way ahead of itself" and that there is "nothing imminent at all" regarding any type of such dealMicronis pushing U.S. lawmakers to pass the "MATCH Act," which would tighten export restrictions on chipmaking equipment used by Chinese semiconductor firms and close gaps in existing controls, Reuters says4. MOVERS:GE Vernovaincreased afterand raising its guidance for FY26Kopinwas higher after being awarded aRogers Communicationsgained in New York after, backing its guidance for FY26, and declaring a C$0.50 per share quarterly dividendSportsradarfell as short shellers are, though the company calls those claims "factually inaccurate"Calixwas lower afterand providing guidance for FY265. EARNINGS/GUIDANCE:NVR, with EPS and revenue missing consensusStifel, with EPS beating consensusMoodyand reaffirmed its guidance for FY26Masco, with CEO Jon Nudi commenting on "strong first quarter operating results in an extremely dynamic environment"Teledyneand raised its guidance for FY26INDEXES:The Dow rose 340.65, or 0.69%, to 49,490.03, the Nasdaq gained 397.60, or 1.64%, to 24,657.57, and the S&P 500 advanced 73.89, or 1.05%, to 7,137.90.

The major averages were broadly higher near noon following the announcement that the U.S. will extend its ceasefire with Iran indefinitely. Traders even appear to be shrugging of comments from President Trump that Iran's government is "seriously fractured," along with news that Vice President JD Vance has paused his trip to Pakistan for peace talks. As equities rise, there are already reports of renewed tensions in the Strait of Hormuz and continued disruptions to shipping, which is keeping oil prices elevated.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Boeingreportedearnings and revenueAT&Treportedand reiterated its FY26 earnings guidanceAlibabaand Tencentare in talks to invest in DeepSeek,Elon Musk's SpaceX said it has thelater this year for $60BPalantirand the USDA signed a $300M2. WALL STREET CALLS:Wells FargoAirbnbto Overweight on "significant business inflection"BofATwilioto Buy from UnderperformBiogento Buy at UBSZscalerto Equal Weight at Morgan StanleyBarclaysPrudentialto a sell-equivalent rating amid "too many headwinds"3. AROUND THE WEB:Callisto Research says it is short Sportradar, "a self-styled 'Sports Integrity' leader with ties to illegal gambling, sanctioned parties, criminals, and a completely fake regulator."Robinhood'sventure fund is investing $75M in OpenAI, signaling a reconciliation after last year's dispute over Robinhood's tokenized "access" to OpenAI shares, which OpenAI publicly disavowed, NY Times saysInhibrx Biosciences'INBRX-106 cancer drug is drawing interest from Merckand Japan's Ono Pharmaceuticals, Reuters reportsAfter Bloomberg reported yesterday, citing sources, that Deutsche Telekomis considering a full combination with T-Mobile, CNBC's David Faber said his sources call such speculation "way ahead of itself" and that there is "nothing imminent at all" regarding any type of such dealMicronis pushing U.S. lawmakers to pass the "MATCH Act," which would tighten export restrictions on chipmaking equipment used by Chinese semiconductor firms and close gaps in existing controls, Reuters says4. MOVERS:GE Vernovaincreases afterand raising its guidance for FY26Kopin (KOPN) higher after being awarded afor optic modulesRogers Communicationsgains in New York afterbacking its guidance for FY26, and declaring a C$0.50 per share quarterly dividendCalix (CALX) lower afterand providing guidance for FY26Sonoco (SON) and TE Connectivityfall in New York after5. EARNINGS/GUIDANCE:NVR (NVR), with EPS and revenue missing consensusStifel, with EPS beating consensusMoodyand reaffirmed its guidance for FY26Masco, with CEO Jon Nudi commenting on "strong first quarter operating results in an extremely dynamic environment"Teledyneand raised its guidance for FY26INDEXES:Near midday, the Dow was up 0.68%, or 333.97, to 49,483.35, the Nasdaq was up 1.27%, or 307.88, to 24,567.84, and the S&P 500 was up 0.81%, or 57.01, to 7,121.02.

Reports Q1 revenue $1.44B, consensus $1.46B. Reports Q1 tangible book value per share $24.89. Reports Q1 CET1 capital ratio 15.8%. Ronald Kruszewski, chairman and CEO, said, "Stifel delivered record first quarter results with approximately $1.5 billion in revenue and earnings per share of $1.48. Even amid heightened volatility driven by geopolitical events, we achieved our strongest ever first quarter performance across both operating segments, underscoring the durability and diversification of our model. Looking ahead, client engagement remains high across wealth management and institutional, and our investment banking pipelines are among the strongest we have seen. Assuming market risks remain within current expectations, we are well positioned for a strong 2026."