Notables |
| Notable Earnings Today: Walmart (NYSE: WMT), Lowe’s (NYSE: LOW), La-Z-Boy (NYSE: LZB), Powell Industries (Nasdaq: POWL), Energizer (NYSE: ENR), AZEK (NYSE: AZEK), Keysight (NYSE: KEYS), ZTO Express (NYSE: ZTO), Vipshop (NYSE: VIPS), Dolby Labs (NYSE: DLB), Viking Holdings (VIK), Danimer Scientific (NYSE: DNMR), Futu Holdings (Nasdaq: FUTU), Jacobs Solutions (NYSE: J), KORE Group Holdings (NYSE; KORE), Medtronic (NYSE: MDT), MYT Netherlands (NYSE: MYTE), Oaktree Specialty Lending Corp (Nasdaq: OCSL), Qifu Technology (Nasdaq: QFIN), Star Bulk Carriers (Nasdaq: SBLK), Varex Imaging (Nasdaq: VREX), Workhorse Group (Nasdaq: WKHS), XPeng (NYSE: XPEV). |
| Notable IPOs Today: Creative Global Technology Holdings Limited Ordinary Shares (Nasdaq: CGTL). |
| Notable Equity Crowdfunding Campaigns Ending Today: Le Garage (SMBX). |
| Notable Economic Events Today: Building Permits (8:30 a.m. ET), Housing Starts (8:30 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET). |
Trends to Watch |
| Entering Chapter 11: Discount Airline Spirit Files for Bankruptcy (Wall Street Journal) |
| Bad News for Google: DOJ Will Push Google to Sell Chrome to Break Search Monopoly (Bloomberg) |
| Avoiding Safety: Trump Admin Reportedly Wants to Unleash Driverless Cars on America (Gizmodo) |
| A Bridge to the Future: Cardano-Bitcoin bridge may be first step to true Bitcoin DeFi (Cointelegraph) |
| 2025 Landscape: Morgan Stanley’s Mike Wilson Turns Bull. He Sees a 10% Gain for the S&P 500. (Barron’s) |
Markets & Economy
Spirit Airlines enters bankruptcy: Spirit ($SAVE) filed Chapter 11 after $2.5B in losses since 2020. The budget airline secured a $350M equity investment and a $300M loan from bondholders to maintain operations during restructuring. [Read]
Olive oil prices set to plummet: Spain’s Deoleo, the world’s largest olive oil producer, forecasts prices to halve from record highs, dropping to €5 ($5.30 USD) per liter as improved harvests in Spain, Greece, and Tunisia increase supply. [Read]
FTC reports major spam call victory: Unwanted telemarketing call complaints have dropped over 50% since 2021, thanks to stricter regulations, anti-spoofing tech, and enhanced carrier protocols. [Read]
Business & Wealth
Barnes & Noble stages retail comeback: America’s largest retail bookseller is accelerating expansion with 60 new locations in 2024, as foot traffic has risen 7% since 2019 under CEO James Daunt’s indie-focused merchandising strategy. [Read]
Warner Bros settles NBA rights battle: Warner Bros Discovery ($WBD) and the NBA have resolved a legal dispute with a new decade-long broadcast deal while striking an agreement with Disney ($DIS) to license “Inside the NBA” to ESPN and ABC. [Read]
McDonald’s pledges $100M for E. coli recovery: McDonald’s ($MCD) committed $65M to support affected franchisees and $35M for marketing initiatives following an E. coli outbreak linked to Quarter Pounder slivered onions in select US locations. [Read]
