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TSX:9104 1 March 2026

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

OPEC+ agreed to raise oil output by 206,000 barrels per day as tanker operators paused or rerouted shipments after Iran warned the Strait of Hormuz was closed. Major Japanese shipping lines halted transits in the area. Oil markets are closed until Monday, when traders expect sharp price moves. No confirmed damage to infrastructure, but tanker rates have surged.

Stock Market Today

  • Stock futures dip after mixed earnings from Microsoft and Meta; S&P 500 hits record high
    May 1, 2026, 6:24 AM EDT. Stocks surged Thursday with the S&P 500 closing above 7,200 for the first time, reaching an all-time high driven by strong earnings from Caterpillar and Alphabet. Caterpillar's nearly 10% jump and positive outlook suggest resilience despite lackluster U.S. economic growth in Q1. Alphabet's revenue beat and increased 2026 capital spending also buoyed markets. However, Meta and Microsoft shares declined 8.6% and 3.9%, respectively, due to rising capital expenditure concerns and disappointing user growth. Experts remain cautious about long-term tech valuations amid heavy investment in AI infrastructure. Still, April marked a strong month for major indices: the S&P 500 up 10.4%, Nasdaq 15.3%, and Dow 7.1%, signaling investor optimism despite underlying uncertainties.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 6:34 AM EDT Stock futures dip after mixed earnings from Microsoft and Meta; S&P 500 hits record high May 1, 2026, 6:24 AM EDT. Stocks surged Thursday with the S&P 500 closing above 7,200 for the first time, reaching an all-time high driven by strong earnings from Caterpillar and Alphabet. Caterpillar's nearly 10% jump and positive outlook suggest resilience despite lackluster U.S. economic growth in Q1. Alphabet's revenue beat and increased 2026 capital spending also buoyed markets. However, Meta and Microsoft shares declined 8.6% and 3.9%, respectively, due
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
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