IDF SPOKESPERSON: INITIAL ALERTS WERE ACTIVATED FOR THE INFILTRATION OF AN ENEMY AIRCRAFT IN THE AVIVIM AREA, DETAILS ARE UNDER INVESTIGATION

- S&P 500 and Nasdaq-100 futures fell on Tuesday, weighed down by a rise in oil prices as well as a report that pointed to weakness in OpenAI. - The United Arab Emirates announced Tuesday that it will exit OPEC on May 1. - OpenAI recently saw revenue and new users growth that were below its own targets, according to a Wall Street Journal report. The report added that CFO Sarah Friar told leadership she was concerned OpenAI may not be able to pay computing contracts in the future if its top line doesn’t expand fast enough. - The report sent tech lower. Nvidia lost more than 2%, while Broadcom pulled back more than 4%. AMD and Intel were down nearly 6% and 4%, respectively. Oracle dropped more than 7%. - Tuesday’s moves come after the S&P 500 and Nasdaq hit record highs on Monday. The market’s gains were kept in check as peace talks between the U.S. and Iran appeared to come to a standstill. - Alphabet, Amazon, Meta Platforms and Microsoft are due Wednesday, while Apple’s results are set for Thursday. - Apple earnings should be strong as the company continues to roll out personal devices that are popular among consumers despite an ongoing memory supply crunch, according to UBS. - General Motors — Shares popped more than 5% after the automaker raised its 2026 guidance and blew through first-quarter earnings expectations - Coca-Cola — Shares of the beverage company gained 2% after Coca-Cola reported quarterly earnings and revenue that topped analysts’ expectations

WORLD BANK FORECASTS 24% INCREASE IN ENERGY PRICES IN 2026, IF MOST ACUTE DISRUPTIONS OF WAR IN MIDDLE EAST END IN MAY