CPB News & Events

The major averages had a mixed close amid stalled peace negotiations between the U.S. and Iran as well as new escalation in the Strait of Hormuz. Investors are also balancing continued strength in corporate earnings and AI-driven optimism with rising geopolitical tension and macro uncertainty.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Verizonprovided areport for Q1Domino's Pizzareportedand announced an additional $1B share repurchase programShellARC Resourcesfor C$32.80 per shareSun PharmaOrganonfor $14 per share in an all-cash transactionChina has blocked Meta's2. WALL STREET CALLS:Snapto Buy at Rothschild & Co RedburnRothschildPinterestto Neutral from BuyMizuhoAdobeon intensifying competition from AIMizuhoCrowdStrike, citing "numerous exciting growth avenues"Campbell'sto Market Perform at Bernstein3. AROUND THE WEB:Rogers Communicationsis offering voluntary buyouts to half of its staff, Globe and Mail reportsGoogleemployees are urging CEO Sundar Pichai to block military AI use, FT reportsSamsungplans to withdraw from China's home appliance and television market this year, Nikkei Asia reportsBig tech companies are preparing to spend hundreds of billions of dollars on AI infrastructure, with most of their plans dependent on ASML, WSJ saysBayeris hoping the U.S. Supreme Court can reduce or simplify the lawsuits over its Roundup weedkiller and potentially corral litigation that has cost the company over $10B, Bloomberg says4. MOVERS:Veradermicsgained after announcing its Phase 2/3 trial of VDPHL01RE/MAX Holdingsincreased after announcing it will befor $13.80 per shareFlowserve (FLS) rose afterthat Starboard has built a stake in the company and is pushing for changesCompass Therapeuticswas lower afterfrom its COMPANION-002 studyPoet Technologiesfell afterof Celestial AI purchase orders5. EARNINGS/GUIDANCE:Lakeland Financial, with CEO David Findlay commenting, "We started 2026 with robust, record net income for the second consecutive quarter"HBT Financial, with EPS and revenue beating consensusRepay Holdingsreportedand reaffirmed its guidance for FY26WWreaffirmed itsand FY26 financial guidanceGold RoyaltyreportedINDEXES:The Dow fell 62.92, or 0.13%, to 49,167.79, the Nasdaq gained 50.50, or 0.20%, to 24,887.10, and the S&P 500 advanced 8.83, or 0.12%, to 7,173.91.

The major averages were broadly lower amid stalled peace negotiations between the U.S. and Iran as well as new escalation in the Strait of Hormuz. Investors are also balancing continued strength in corporate earnings and AI-driven optimism with rising geopolitical tension and macro uncertainty.The collapse of U.S-Iran peace talks has pushed oil prices higher, raising fresh concerns about inflation and global growth. Of note, Iran's Foreign Ministry spokesperson has said that no meeting between the U.S. and Iran is currently planned.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Verizonprovided areport for Q1Domino's Pizzareportedand announced an additional $1B share repurchase programShellARC Resourcesfor C$32.80 per shareSun PharmaOrganonfor $14 per share in an all-cash transactionChina has blocked Meta's2. WALL STREET CALLS:Snapto Buy at Rothschild & Co RedburnRothschildPinterestto Neutral from BuyMizuhoAdobeon intensifying competition from AIMizuhoCrowdStrike, citing "numerous exciting growth avenues"Campbell'sto Market Perform at Bernstein3. AROUND THE WEB:Samsungplans to withdraw from China's home appliance and television market this year, Nikkei Asia reportsAmazonhas entered a multiyear licensing deal with Oprah Winfrey, NY Times reportsBig tech companies are preparing to spend hundreds of billions of dollars on AI infrastructure, with most of their plans dependent on ASML, WSJ saysSouth Korea and Googlehave agreed to establish an AI campus in Seoul to strengthen collaboration with local engineers and startups, Reuters reportsBayeris hoping the U.S. Supreme Court can reduce or simplify the lawsuits over its Roundup weedkiller and potentially corral litigation that has cost the company over $10B, Bloomberg says4. MOVERS:Veradermicsgains after announcing its Phase 2/3 trial of VDPHL01 met allRE/MAX Holdingsincreases after announcing it will befor $13.80 per shareNokia (NOK) higher in New York after Argusthe stock to Buy from HoldCompass Therapeuticslower afterfrom its COMPANION-002 studyPoet Technologiesfalls after announcing thepurchase orders5. EARNINGS/GUIDANCE:Lakeland Financial, with CEO David Findlay commenting, "We started 2026 with robust, record net income for the second consecutive quarter"HBT Financial, with EPS and revenue beating consensusRepay Holdingsand reaffirmed its guidance for FY26WWreaffirmed itsand FY26 financial guidanceGold RoyaltyINDEXES:Near midday, the Dow was down 0.25%, or 123.57, to 49,107.14, the Nasdaq was down 0.28%, or 68.97, to 24,767.63, and the S&P 500 was down 0.14%, or 9.68, to 7,155.40.

Stock futures are relatively muted to start the week as markets pause near record highs following a multi-week rally. Investors are balancing continued strength in corporate earnings and AI-driven optimism with rising geopolitical tension and macro uncertainty.The collapse of U.S-Iran peace talks has pushed oil prices higher, with crude climbing toward the mid-$90s to above $100 range, raising fresh concerns about inflation and global growth. Energy markets are reacting sharply to disruptions around the Strait of Hormuz.More than 80% of S&P 500 companies reporting so far have beaten earnings expectations, reinforcing the idea that fundamentals remain resilient. Chipmakers and large-cap tech continue to anchor the rally.Markets are bracing for earnings from major technology companies alongside a Federal Reserve meeting that could shape rate expectations for the second half of the year. While the Fed is widely expected to hold rates steady in the near term, investors are increasingly focused on forward guidance. Bond markets are signaling a possible inflection point. Treasury yields have been compressing into a tight range, with technical indicators suggesting a breakout could be imminent.In pre-market trading, S&P 500 futures fell 0.11%, Nasdaq futures fell 0.13% and Dow futures fell 0.14%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Oruka Therapeuticsup 31% after announcing interim results from its EVERLAST-A Phase 2a trial of ORKA-001Veradermicsup 22% after reporting its VDPHL01 trial met all primary and secondary endpointsQualcommup 9% after analyst Ming-Chi Kuo said on social media that industry checks show OpenAI is working with MediaTek and Qualcomm to develop smartphone processorsXomaup 6% and Ligandup 3%, respectively, after the companies entered into a definitive agreement under which Ligand will acquire Xoma Royalty for $39 per share of common stock in cashUP AFTER EARNINGS -Verizonup 2%DOWN AFTER EARNINGS -Domino's Pizzadown 7%LOWER -Compass Therapeuticsdown 72% after reporting additional COMPANION-002 study resultsCampbell'sdown 2% after Bernstein downgraded shares to Market Perform with a price target of $21, down from $27Adobedown 1% after Mizuho downgraded the stock to Neutral with a price target of $270, down from $315