Alain’s Holdings
| Symbol | Name | Price | Change | Change % |
|---|---|---|---|---|
| VOO | Vanguard S&P 500 ETF | 665.27* | +5.15* | +0.78%* |
| QQQ | Invesco QQQ Trust | 681.61 | +8.73 | +1.30% |
| XIU.TO | iShares S&P/TSX 60 ETF | 49.60 | -0.14 | -0.28% |
| VRT | Vertiv Holdings Co. | 341.03 | +10.06 | +3.04% |
Markets Shrug Off Iran. New Records. AMD Drops a Bombshell After the Bell.
What a difference 24 hours makes. Monday’s Iran-fueled sell-off was erased entirely by Tuesday, as oil prices retreated, the ceasefire held (barely), and earnings took back the wheel.
The S&P 500 rose 0.81%, hitting a new all-time high and closing at a record 7,259.22.
The Nasdaq Composite gained 1.03%, touching a new high and notching a closing record of 25,326.13.
The Dow Jones Industrial Average added 356.35 points, or 0.73%, to end at 49,298.25. Zacks
The Russell 2000 led all major indexes, surging nearly 2% on the day and setting a new intraday record — its fourth of the year. Equityclock
🛢️ Oil Pulls Back — Ceasefire “Holds” (For Now)
Crude prices declined across the board, giving equities a boost. West Texas Intermediate crude futures dipped 3.9% to settle at $102.27 per barrel. Brent crude futures lost 3.99% to close at $109.87. Zacks
Defense Secretary Pete Hegseth said Tuesday that the ceasefire “certainly holds,” calming fears after Monday’s Iranian missile strikes on UAE energy infrastructure. Markets took the reassurance and ran with it — though the situation remains fragile heading into the rest of the week. Zacks
💻 After the Bell: AMD Absolutely Demolishes Expectations
This is the headline of the night. Advanced Micro Devices reported first-quarter earnings that topped expectations across every major metric. EPS came in at $1.37 versus the $1.29 expected, and revenue hit $10.25 billion versus the $9.89 billion consensus — a 38% jump from $7.44 billion a year ago. Data center sales alone climbed 57% to $5.8 billion, up from $3.67 billion a year earlier. The Globe and Mail
For Q2, AMD guided to approximately $11.2 billion in revenue — obliterating the Street’s $10.52 billion expectation. The stock jumped about 5% in extended trading. AMD’s stock has more than tripled over the past year, including a 66% jump already in 2026. The Globe and Mail
The AI chip war is not slowing down. It’s accelerating.
🔵 Intel’s Surprise: An Apple Partnership?
Intel surged 14% on reports that it may produce processors for Apple devices — one of the most significant potential partnerships in the semiconductor industry in years. If confirmed, it would mark a stunning reversal of fortune for a company that has struggled to compete with TSMC and AMD in recent years, and a meaningful strategic pivot for Apple as it diversifies its chip supply chain. TheStreet
💊 Micron Crosses $700 Billion
With a 10% gain on the day, Micron Technology surpassed a $700 billion market cap — adding to a nearly 700% rally over the last year. The gains came amid a broader rally in computer hardware stocks, including memory producers and storage players. The AI memory trade is very much alive. Equityclock
📊 Economic Data: Labor Market Holds Firm
Job openings were little changed in March while the hiring rate saw a sharp increase. Total openings slipped to 6.87 million — slightly above the 6.8 million Dow Jones estimate. Hiring rose briskly by 655,000 to 5.55 million. As a share of the labor force, the hiring rate climbed to 3.5%, a 0.4 percentage point monthly gain. Zacks
The U.S. trade deficit widened in March on a monthly basis to $60.3 billion, but was 55% below the same period a year ago — before Trump’s tariffs kicked in. Exports climbed 12% while imports fell 9.1%. Zacks
🏆 Today’s Notable Winners
- 🟢 AMD (AMD) — +5% after hours on a massive beat; data center revenue +57% to $5.8B
- 🟢 Intel (INTC) +14% — Apple chip partnership reports ignite the stock
- 🟢 Micron (MU) +11% — Crosses $700B market cap on AI memory demand surge Equityclock
- 🟢 Pinterest (PINS) +7% — Q2 revenue guidance of $1.13–1.15B topped the $1.11B expected Zacks
- 🟢 Caterpillar (CAT) +3.19% — Led the Dow higher, continuing last week’s record-high momentum Equityclock
- 🟢 Amazon (AMZN) +1.49% — Supply Chain Services launch draws fresh investor interest TheStreet
📉 Today’s Notable Losers
- 🔴 Palantir (PLTR) -3% — Stock slid even as the company posted a record quarter; investors felt guidance didn’t exceed already-ambitious expectations set by the market’s frenzied buildup Zacks
- 🔴 Duolingo (DUOL) -13% — Monthly active users came in below estimates for Q1, rattling growth investors Zacks
- 🔴 Visa (V) -1.57% and IBM -0.93% — Modest declines in an otherwise strong session TheStreet
- 🔴 Shoppify (SHOP) -15.62% — Shopify (SHOP) plunged 15.76% after issuing a cautious Q2 revenue outlook that disappointed investors, while the broader tech sector rose 2.35%.
🚀 SpaceX IPO Watch
SpaceX is expected to debut its shares on the public market at a valuation of more than $1 trillion later this year — targeting up to $1.75 trillion — which would make it the largest IPO in history. Altimeter CEO Brad Gerstner cautioned investors: “Buying a company at a trillion dollars in value is not a get rich quick scheme.” Bloomberg
🔭 What’s Next
AMD’s blowout Q2 guide sets the table for a strong open Wednesday. Also this week: Uber, Disney, Airbnb, Shopify, and Coinbase all report. The April Jobs Report drops Friday — the macro wildcard that could either validate or rattle the market’s “soft landing” narrative. And the Iran ceasefire remains one headline away from reigniting.
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