Key News
1. Trump says he does not want to extend the ceasefire agreement with Iran.
2. JPMorgan Chase raises its year-end 2026 S&P 500 target to 7,600, up from 7,200 previously.
3. US retail sales rose 1.7% month-on-month in March, the fastest pace since January 2023, exceeding market expectations of 1.4%.
Stock News
1. Apple (AAPL.O) announces leadership change: Tenus takes over as CEO, Cook becomes executive chairman.
2. iQiyi (IQ.O): There are no instances of artists being added to the NaDouPro artist database without their consent.
3. UnitedHealth Group (UNH.N): Expects to repurchase at least $2 billion of its common stock by the end of the second quarter.
4. 3M (MMM.N) reported first-quarter net sales of $6 billion; 3M reiterated its 2026 guidance.
5. SpaceX IPO filings reveal Musk plans to consolidate control with super voting rights, initiating a crucial three-day closed-door meeting with analysts.
6. Halliburton (HAL): Q1 2026 net income attributable to shareholders was $461 million, a 127% year-over-year increase, with earnings per share of $0.55.
7. Amazon (AMZN.O): Will invest up to $25 billion in Anthropic, which will acquire 5 gigawatts of Trainium chips.
8. GE Aerospace (GE.N) Q1 adjusted sales reached $11.6 billion, a nearly 30% year-over-year increase, exceeding market expectations of $10.7 billion.
