SMG News & Events

The major averages had a mixed last session of the holiday-shortened week] as traders continue to monitor the war in Iran and rising oil prices after President Donald Trump delivered an address on Wednesday night, during which he said that the U.S. is "getting very close" to ending the war. However, Trump added that the U.S. would "hit" Tehran "extremely hard." Afterward, Trump posted about the war again on social media, saying in a Truth Social post that it's time for Iran to make a deal "before it's too late." Amid the ongoing rhetoric, U.S. crude oil futures settled at $111.54 per barrel, up 11%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Amazonis in talks to acquire Globalstar,Teslareported 358,023 vehicle deliveries in Q1, which William Blair said was slightlyFordreported anin Q1 U.S. vehicle salesSBA Communicationsis weighing a sale of the company after receiving takeover interest,The White House announced it is imposing 100% tariffs on patented pharmaceutical products and strengthened tariffs on steel, aluminum, and copper imports2. WALL STREET CALLS:Wingstopto Overweight at Piper Sandler and to Strong Buy at Raymond JamesRTXto Buy at Melius ResearchOllie's Bargain Outletto Buy at JefferiesWix.comto Neutral at UBSAkamaito Neutral at Baird3. AROUND THE WEB:Comcast's"Super Mario Galaxy Movie" has had the biggest opening day domestic gross of 2026, Variety reportsHersheywill change the chocolate in a small portion of its Reese's and Hershey's products to use "classic milk and dark chocolate recipes," with the shift to pure chocolate ingredients affecting less than 3% of Reese's products and a sliver of Hershey's products, Bloomberg saysIntelis planning to invest another $15M in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, Reuters saysPublicis Groupeis acquiring sports-marketing agency 160over90 from WME Group for more than $500M, WSJ reportsSam's Club, which is owned by Walmart, said it plans to increase its annual membership fee by $10, offering its one-year basic membership option for $60 and its higher-tier option for $120, CNBC says4. MOVERS:Transoceanincreased after beingPenguin Solutionsgained afterand providing guidance for FY26Intuitive Machineswas higher after34.57M shares of stockTeluswas lower in New York after TD Securitiesthe stock to HoldBCEfell in New York after TD Securitiesthe stock to Hold5. EARNINGS/GUIDANCE:Acuity Brands, with EPS and revenue beating consensusAngioDynamicsand narrowed its guidance for FY26Scotts Miracle-Grobacked itsAirSculpt, with EPS higher year-over-yearBassett Furniture, with EPS and revenue lower year-over-yearINDEXES:The Dow fell 61.07, or 0.13%, to 46,504.67, the Nasdaq gained 38.24, or 0.18%, to 21,879.18, and the S&P 500 advanced 7.37, or 0.11%, to 6,582.69.

The major averages were lower near noon as traders continue to monitor the war in Iran and increasing oil prices. The top indices came off earlier lows after the Islamic Republic News Agency said that Iran and Oman are drafting a protocol to "monitor" traffic through the Strait of Hormuz. The news comes after President Donald Trump delivered an address on Wednesday night, during which he said that the U.S. is "getting very close" to ending the war, though Trump added that the U.S. would "hit" Tehran "extremely hard." Following the comments, WTI and Brent crude futures both jumped as the U.S. and European benchmarks hold well above $100 per barrel.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Amazonis in talks to acquire Globalstar,Teslareported 358,023 vehicle deliveries in Q1, which William Blair said wasFordreported anin Q1 U.S. vehicle salesImmunovantsaid its two Phase 3 studies of batoclimab failed toFollowing President Trump's address last night, shares of energy companies like BPand Chevronwhile travel stocks, including Carnivaland JetBlue, were slipping2. WALL STREET CALLS:Wingstopto Overweight at Piper Sandler and to Strong Buy at Raymond JamesRTXto Buy at Melius ResearchOllie's Bargain Outletto Buy at JefferiesWix.comto Neutral at UBSAkamaito Neutral at Baird3. AROUND THE WEB:Hershey (HSY) will change the chocolate in a small portion of its Reese's and Hershey's products to use "classic milk and dark chocolate recipes," with the shift to pure chocolate ingredients affecting less than 3% of Reese's products and a sliver of Hershey's products, Bloomberg saysGoogleis developing a fitness band meant to compete with wearable devices from upstarts such as Whoop and Oura Health Oy, Bloomberg reportsIntelis planning to invest another $15M in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, Reuters saysPublicis Groupeis acquiring sports-marketing agency 160over90 from WME Group for more than $500M, WSJ reportsSam's Club, which is owned by Walmart, said it plans to increase its annual membership fee by $10, offering its one-year basic membership option for $60 and its higher-tier option for $120, CNBC says4. MOVERS:Transoceanincreases after beingPenguin Solutionsgains afterand providing guidance for FY26Intuitive Machineshigher after34.57M shares of stockTeluslower in New York after TD Securitiesthe stock to HoldBCElower in New York after TD Securitiesthe stock to Hold5. EARNINGS/GUIDANCE:Acuity Brands, with EPS and revenue beating consensusAngioDynamicsand narrowed its guidance for FY26Scotts Miracle-Grofor FY26AirSculpt, with EPS higher year-over-yearBassett Furniture (BSET), with EPS and revenue lower year-over-yearINDEXES:Near midday, the Dow was down 0.43%, or 199.23, to 46,366.51, the Nasdaq was down 0.33%, or 71.90, to 21,769.05, and the S&P 500 was down 0.26%, or 17.14, to 6,558.18.

Backs FY26 adjusted EBITDA view up mid single-digits. Backs FY26 free cash flow view $275M. Scotts Miracle-Gro announced that it is reaffirming its fiscal 2026 guidance as it does not expect the significant global commodity impacts from the Iran War to affect its full-year outlook. The company noted that approximately 80% of its commodities for the fiscal year were locked by the close of its second quarter on March 28. Additionally, around 90% of its cost of goods sold are sourced domestically, including nearly 100% of the urea that is a primary input in its fertilizer products. The company obtains urea from reliable suppliers under previously negotiated contracts.