Strong

• Amerikaanse aandelen stegen vorige week sterk, waarbij de S&P 500 en NASDAQ nieuwe recordhoogtes bereikten, ondersteund door sterker dan verwachte werkgelegenheidscijfers voor april en solide winstcijfers in de technologiesector. • De S&P 500 steeg in april met 10,42% en sloot op een recordhoogte van 7.209,01, terwijl de Nasdaq 100 met 15,64% steeg en de Dow 7,14% won, geleid door mega-cap tech en AI-enthousiasme. • De groei van de werkgelegenheid overtrof de prognoses in april, met een stabiele werkloosheid van 4,3%, terwijl de winstcijfers van de Magnificent Seven voor het eerste kwartaal naar verwachting met 45,7% op jaarbasis zullen groeien.

• IGM Financial rapporteerde resultaten voor Q1 2026 die een sterke start van het kwartaal benadrukken, met recordbeheerde activa voor cliënten en een significante totale groeiratio van 20%. • Het management karakteriseerde het kwartaal als een bewijs van veerkrachtige operationele omstandigheden over de verschillende bedrijfsonderdelen van de financiële dienstverlener. • Recordniveaus van activa wijzen op een robuust cliëntvertrouwen en een succesvolle kapitaalinzet tijdens een periode van economisch herstel op de Canadese en internationale markten.

• The US economy showed strength with private sector payrolls rising 123,000 in the latest month after 190,000 previously, beating expectations by double, while unemployment holds at 4.3% near full employment. • Atlanta Fed GDPNow forecasts 3.7% annual growth for Q2, with weekly unemployment claims at rock bottom and no recession in sight despite left-wing critiques. • Blue-collar nonsupervisory workers saw 3.7% hourly earnings growth and 1% hours increase, yielding 4.7% wage-income proxy rise outperforming white-collar gains.

• Over the last 7 days, the US market rose 3.2% and is up 31% over the past year, with earnings forecast to grow 16% annually, spotlighting undiscovered gems based on debt-to-equity, revenue growth, earnings growth, and health ratings. • Top picks include First Bancorp (68.27% debt/equity, 1.25% revenue growth, -3.09% earnings growth, ★★★★★★), Southern Michigan Bancorp (108.80% debt/equity, 7.38% revenue growth, 0.84% earnings growth, ★★★★★★), and Cashmere Valley Bank (31.63% debt/equity, 5.07% revenue growth, 1.43% earnings growth, ★★★★★★). • Other notables are ASA Gold and Precious Metals (12.65% revenue growth, 41.20% earnings growth, ★★★★★★), Anbio Biotechnology (-30.09% revenue growth, -3.45% earnings growth, ★★★★★★), and Affinity Bancshares (41.71% debt/equity, 1.36% revenue growth, -0.22% earnings growth, ★★★★★★).

• A new POLITICO-Citrin Center-Possibility Lab survey released May 8, 2026, found that strong majorities in both parties prefer an independent panel draw House district lines. • The polling data suggests voters across the political spectrum have grown frustrated with partisan gerrymandering and support reform measures limiting partisan advantage in redistricting. • The bipartisan sentiment contrasts with ongoing state-level redistricting battles where Republican and Democratic parties continue fighting over congressional boundaries.

Report using research from senior Blair and Clinton pollster comes as Labour braces for dismal election resultsMay elections: What’s at stake across England, Wales and Scotland?UK politics live – latest updatesProgressive voters have been driven away from Labour by a lack of argument and vision from Keir Starmer, according to a report using research from a senior pollster to Tony Blair and Bill Clinton.Downing Street is understood to have been briefed on the research, which has also been handed to allies of the potential leadership candidates Andy Burnham, Wes Streeting and Angela Rayner. Continue reading...

• BSE shares climbed 3% to Rs 3,833 on the NSE following robust March quarter results from the National Stock Exchange, which reported an 8% rise in consolidated net profit driven by equity derivatives trading growth. • The Nifty Capital Market index gained 1.5%, with 15 of 17 constituents in the green, boosted by NSE's performance and Angel One's positive April business update. • This upmove reflects renewed investor confidence in capital market firms amid broader market recovery and increased trading volumes.

• Wall Street stocks traded mixed early Monday, May 4, 2026, as rising oil prices from Middle East conflict offset robust US corporate earnings expectations. • Oil prices edged higher after Iran's military warned it would attack US forces entering the Strait of Hormuz, following President Donald Trump's announcement to guide ships through the waterway. • Major indices remain near record highs, supported by encouraging inflation data and resilient earnings season, though investors eye the April jobs report.

• The S&P 500 rose over 10% and the Nasdaq soared more than 15% in April 2026, marking their largest monthly gains since 2020, driven by robust corporate earnings reports. • Investors anticipate earnings growth of 27.8% year-over-year for Q1 2026 across over 100 S&P 500 companies, the highest rate since Q4 2021, while oil prices briefly surpassed $120 per barrel creating market ripples. • Despite elevated oil prices and a hawkish Federal Reserve stance, equity markets demonstrated resilience, signaling investor confidence in corporate profitability and economic fundamentals.

• US equities closed higher with the S&P 500 rising 0.8% and Nasdaq 100 up 0.8% to new records, while the Dow remained flat. • Apple shares gained more than 5% after reporting strong earnings driven by robust iPhone sales and performance in China. • The rally came amid a pullback in oil prices and positive corporate earnings momentum.

• Broadcom provided second-quarter guidance of $9.2 billion in revenues, exceeding analyst estimates by 6%, driven by surging demand for data center semiconductors and artificial intelligence accelerators from cloud computing providers. • CEO Hock Tan stated that AI-related semiconductor orders are tracking 40% above historical averages, with major customers committing to long-term capacity agreements through 2028, signaling sustained strong demand. • The robust guidance helped lift semiconductor index ETFs 2.1% during extended trading and sparked upgrades from multiple analysts who raised price targets on Broadcom by 8–12% based on improved visibility into AI infrastructure spending cycles.

• JPMorgan Chase reported first-quarter net income of $13.2 billion, up 15% compared to Q1 2025, driven by higher net interest income and a 12% increase in investment banking revenues. • CEO Jamie Dimon stated that the bank is "well-positioned" despite macro uncertainties, with the firm raising its dividend by 5% to $1.16 per share and repurchasing $11 billion in stock during the quarter. • The bank's strong results contrasted with broader financial sector concerns about rising loan losses and credit quality, though JPMorgan's net charge-offs remained stable at 0.31% of loans.

• Nvidia shares jumped 5% in extended trading after a strong AI forecast, positioning the company to gain $220 billion in market value amid easing bubble concerns. • The stock had dropped nearly 8% in November following a 1,200% surge over three years, but positive results calmed investor jitters. • This development underscores Nvidia's role as AI market bellwether and highlights sustained demand for its chips.

Ajay Haridasse needed assistance at 26-mile markAaron Beggs and Robson De Oliveira came to aidA pair of Boston Marathon runners who teamed up to help a fellow athlete across the race’s finish line have been praised for their “beautiful moment” of sportsmanship.Ajay Haridasse, a 21-year-old university student from Wakefield, Massachusetts, found himself stumbling after passing the 26-mile mark in Monday’s race. After falling for a fourth time, he was “getting ready to crawl” to the finish line, Haridasse told the Boston Herald. Continue reading...

Day of action to support workers set for 1 May – who is organizing May Day Strong, and how can people join?Anyone who attended one of the 3,000 No Kings protests in March might have learned of the latest effort to protest against Trump administration policies: May Day Strong.The single-day protest on 1 May is taking its cue from the massive day of action that shut down Minneapolis in January by asking Americans not to shop, work or go to school. Rallies, marches and teach-ins will also take place across the country. Continue reading...

Prime minister details efforts to attract investment and sign trade deals with other countries in 10-minute video addressCanada’s strong economic ties to the United States were once a strength but are now a weakness that must be corrected, the country’s prime minister has warnedIn a 10-minute video address, Mark Carney spoke about his government’s efforts to strengthen the Canadian economy by attracting new investments and signing trade deals with other countries. Continue reading...

• ICICI Bank reported Q4 FY26 net profit of ₹12,949 Cr, surpassing street estimates and bringing annual profit to ₹50,000 Cr milestone. • The bank declared a ₹12 dividend per share, signaling confidence in its financial performance and shareholder returns. • Strong Q4 results reflect robust performance in India's banking sector amid evolving market conditions.

• PepsiCo reported better-than-expected quarterly results on April 16, 2026, with shares rising 2.3% as customers bought more snacks. • Price cuts on Lay’s, Doritos, Cheetos, and Tostitos chips announced in February helped regain demand from price-sensitive consumers. • The earnings contribute to broader corporate profit growth exceeding analyst forecasts amid market optimism.

• The S&P 500 rose 0.8% to close above 7,000 points for the first time, while the Nasdaq Composite surged 1.6% to a record high, driven by gains in technology and software stocks and optimism over potential U.S.-Iran peace talks. • Bank of America posted a 17% rise in quarterly profit from strong trading and investment banking fee rebounds, while Morgan Stanley reported a near 30% profit jump supported by record equities trading revenue and improved dealmaking activity. • Stock index futures edged higher after-hours, with S&P 500 Futures up 0.2% to 7,070.75 points and Nasdaq 100 Futures rising 0.3% to 26,440.75 points, reflecting continued market momentum.

More than 1,000 people were in shelters across Guam and the Northern Mariana Islands as Sinlaku moved awaySuper Typhoon Sinlaku hammered the Northern Mariana Islands, flipping over cars, toppling utility poles and ripping away tin roofs.Authorities were just beginning to assess the damage left behind by the typhoon, which first hit the islands on Tuesday night local time and continued with a barrage of fierce winds and relentless rains for hours on Wednesday. So far, there have been no reports of deaths. Continue reading...

• Artificial intelligence has identified new materials significantly stronger than conventional metal alloys through machine learning analysis of material combinations. • MIT researchers used AI to discover a 3D printable aluminum alloy that demonstrates five times greater strength, with efficiency improving dramatically under specific conditions. • This AI-driven materials discovery could accelerate development of advanced materials for aerospace, automotive, and manufacturing applications.

Mayor says disinformation, including about London crime rates, is ‘eating away at basic bonds of trust’Sadiq Khan has called on ministers to take significantly stronger action against social media companies that spread disinformation after a study showed a surge in hostile accounts posting falsehoods about London’s crime rates and integration.In an intervention on what he called “the outrage economy”, the London mayor, who has also written to social media firms demanding change, said a lack of action could prompt more domestic terrorism by people who believe conspiracy theories they find online. Continue reading...

• The Golden State Warriors defeated the Sacramento Kings 110-105 on Tuesday at Chase Center in a defensive battle. • Draymond Green discussed key adjustments the Warriors made with Steph Curry on the floor during postgame interviews. • The victory showcases Golden State's continued competitiveness in the Western Conference standings.

US is in weaker position than before war as Tehran has shown capacity to inflict pain on Trump administrationMiddle East crisis – live updatesThe announcement of a two-week ceasefire has allowed Donald Trump to hail the reopening of the Hormuz strait as a victorious dawn of a new golden age, but it is Iran that now enters peace talks with the stronger hand.The Tehran regime goes to the negotiations planned for Friday in Pakistan bloodied but still intact. It still holds a stockpile of highly enriched uranium (the original crux of the conflict with the US, Israel and allies), and it now claims at least part-control of the strait, having demonstrated its power to close the narrow waterway and hold the world to ransom. Continue reading...

• Taiwanese electronics manufacturer Foxconn reported strong first-quarter revenue growth, yet issued a cautious outlook for future quarters citing escalating geopolitical tensions as a primary risk factor. • The company's performance reflects broader concerns among multinational corporations about supply chain disruptions and market volatility stemming from the Iran conflict and US-China relations.

• Dodgers defeated the Nationals 10-5 in a high-scoring MLB game on Saturday. • Offensive firepower propelled LA to victory, boosting their early season record. • Win strengthens Dodgers' position in NL West amid tight competition.

• U.S. equity markets closed for Good Friday, but S&P 500 futures fell 0.3%, Dow futures dropped 0.2%, and Nasdaq futures declined 0.4% early Friday after a robust March jobs report showing 178,000 additions and unemployment at 4.3%. • WTI crude surged 11.4% to $111.54 per barrel on Thursday amid fears of prolonged Iran conflict, while Brent crude jumped 7.8% to $109.03, with President Trump vowing continued U.S. attacks without an end timetable. • A BMI report warns extended Middle East conflict threatens infrastructure, disrupts Strait of Hormuz oil flows, and delays postwar recovery, spilling price impacts into later 2026.

• The White House touted a robust March 2026 jobs report on April 3, signaling accelerating economic momentum under President Trump. • Specific figures highlight gains in employment and wage growth amid policy implementations. • The data bolsters Trump's economic narrative ahead of midterm elections.