“Let your joy be in your journey—not in some distant goal.” ✍️
— Tim Cook
|
✅ U.S. stocks turned negative on Tuesday as investors assessed Fed chair appointee Kevin Warsh’s confirmation hearing and weighed Tim Cook’s exit as Apple CEO.
✅ Sheila Cherfilus-McCormick abruptly resigned from Congress amid mounting legal and ethical scrutiny tied to alleged misuse of federal funds, marking the third House departure in just over a week.
✅ Donald Trump signaled he will favor companies that forgo tariff refunds after a Supreme Court of the United States ruling unlocked more than $160 billion in potential repayments.
✅ John Ternus steps into the CEO role at Apple facing immediate pressure to lead the company’s push into artificial intelligence and define its next era of innovation.
✅ Microsoft is cutting Game Pass prices under new Xbox chief Asha Sharma in a bid to revive growth, even as it scales back day-one access to major titles like Call of Duty.
✅ Amazon is entering the booming obesity treatment space with a GLP-1 program that combines care, prescriptions, and delivery, intensifying competition with drugmakers like Eli Lilly and Novo Nordisk.
|
↘ Dow 49,149.38 - 0.59%
↘ Nasdaq 24,259.97 - 0.59%
↘ S&P 7,064.01 - 0.63%
|
House Shake-Up: Cherfilus-McCormick Resigns Amid Ethics Scrutiny
|
Image courtesy of Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images |
Sheila Cherfilus-McCormick resigned from the House of Representatives effective immediately as the House Ethics Committee prepared to consider penalties for alleged violations of more than two dozen rules and ethical standards. Her departure marks the third resignation from Congress in just over a week.
Cherfilus-McCormick was indicted on charges alleging she stole $5 million in COVID-19 disaster relief funds, some of which were reportedly funneled into her 2021 campaign. She has denied any wrongdoing.
The Florida Democrat announced her resignation in a statement posted on X. Her exit comes as mounting legal and ethical pressures intensified ahead of potential disciplinary action.
She follows recent resignation announcements from Eric Swalwell and Tony Gonzales, both of whom stepped down earlier this month amid separate allegations of misconduct.
|
Trump Says, ‘I’ll Remember’ Companies That Skip Tariff Refunds
|
Image courtesy of Daybreak/Getty Images |
Donald Trump said Tuesday that he will “remember” U.S. companies that choose not to seek refunds for tariffs his administration imposed, which were later ruled illegal by the Supreme Court of the United States. His remarks came just after U.S. Customs and Border Protection opened a portal for companies to claim more than $160 billion in potential refunds.
Speaking in an interview, Trump suggested companies would be “brilliant” not to request refunds and indicated he would view such decisions favorably. “If they don’t do that, I’ll remember them,” he said, implying potential political considerations for businesses weighing whether to apply.
Several major firms, including Apple and Amazon, have not yet sought refunds. Their hesitation may reflect concerns about how such actions could be perceived politically.
The tariffs in question, imposed under the International Emergency Economic Powers Act, were struck down in a 6–3 Supreme Court decision, prompting widespread refund eligibility. Trump criticized the ruling, noting it did not explicitly address whether previously collected tariffs must be repaid.
Retailers stand to gain significantly. Levi Strauss & Co. expects roughly $80 million in refunds, while Gap Inc. has also indicated potential benefits, though it has not disclosed a figure. Many companies have yet to factor possible refunds into their financial outlooks, but the payouts could meaningfully improve results as they are processed.
|
Quiet Engineer Takes the Helm: Apple’s Next CEO Steps into a Defining Moment
|
Apple’s incoming CEO John Ternus has long operated behind the scenes, quietly rising through the company’s hardware engineering ranks. That low profile is about to change as he prepares to take over in September from Tim Cook.
Ternus, 50, is a company veteran who joined Apple 25 years ago and has spent the last five years leading engineering across its core products, including the iPhone, iPad, and Mac. His deep involvement in flagship products made him the clear successor to lead Apple into its next era. Cook himself endorsed the decision, calling Ternus “without question the right person to lead Apple into the future.”
Ternus faces immediate pressure to prove himself beyond hardware as Apple navigates intensifying competition in artificial intelligence. He will also need to manage global supply chains and relationships in Washington, including with Donald Trump.
The leadership transition appears carefully timed, coming after Apple’s 50th anniversary and just ahead of its annual developer conference. It also comes at a pivotal moment as Apple works to catch up in the AI race after falling behind competitors.
Ternus’s biggest test will be defining Apple’s AI strategy—whether to build its own technology or rely on partners like Google. Analysts expect upcoming announcements to provide early signals of how he plans to shape Apple’s future.
|
The economics behind U.S. Gold Corp. (NASDAQ: USAU) are hard to ignore.
The company’s flagship project shows potential net present values reaching into the hundreds of millions, with relatively low production costs per ounce.
As gold prices continue to climb, those margins could expand even further—creating a leveraged setup that tends to attract attention during commodity bull cycles.
Find out more about USAU 👉 ( NASDAQ: USAU).
|
Microsoft Slashes Game Pass Prices as New Xbox Chief Seeks to Win Back Gamers
|
Image courtesy of Microsoft |
Microsoft is cutting prices for its Game Pass subscriptions following a pledge from new Xbox leader Asha Sharma to “recommit” to core players. The flagship Game Pass Ultimate plan is being reduced by 23% to $22.99 per month, while PC Game Pass drops 15% to $13.99.
The price cuts come as Microsoft responds to feedback that the service had become too expensive for many users. Game Pass Ultimate allows access to hundreds of games across consoles, PCs, and mobile devices.
However, there is a trade-off. New titles from the popular Call of Duty franchise will no longer be available on the service at launch, requiring players to either purchase them separately or wait for later availability.
The shift marks an early strategic move by Sharma, who took over the gaming division earlier this year following Phil Spencer. It reflects a broader effort to reset the Xbox business as it faces slowing growth and increasing competition.
Gaming accounts for a relatively small portion of Microsoft’s overall revenue, and recent performance has been mixed, with declines in hardware sales and underwhelming content revenue. The pricing overhaul signals Microsoft’s attempt to balance subscriber growth with profitability while keeping players engaged.
|
Amazon Expands into Weight Loss Market with New GLP-1 Program |
Image courtesy of Photo Illustration by www.aboutamazon.com |
Amazon is pushing further into the rapidly growing weight loss market with the launch of a new GLP-1 program designed to simplify access to obesity treatments. The initiative integrates virtual and in-person care, prescription management, and pharmacy delivery through Amazon One Medical and Amazon Pharmacy.
The program positions weight management as a long-term condition, offering patients ongoing care rather than one-time prescriptions. Amazon says it aims to provide faster, more convenient access to medications with transparent pricing.
Patients will be able to access leading treatments such as Wegovy from Novo Nordisk and Zepbound from Eli Lilly. Pricing starts as low as $25 per month with insurance, while cash-pay options begin at $149 for oral medications and around $299 for injectable treatments.
Amazon is leveraging its logistics network to offer same-day delivery and plans to expand this capability to 4,500 cities by the end of 2026. It will also provide on-demand prescription renewals, with consultations starting at $29 for messaging and $49 for video visits.
The announcement sent shares of several obesity-drug-related companies lower, including Hims & Hers Health, Viking Therapeutics, Amgen, and Septerna, as investors weighed rising competition from Amazon.
|
📉 ON THE MOVE AND NOTABLES 📈
|
✔️ Asian markets advanced overnight, while European markets were mostly flat, even as the eurozone’s ZEW economic expectations index dropped to its lowest level since 2022, reflecting concerns about the economic impact of the war in Iran.
✔️ Geopolitically, the U.S. and Iran are set to resume peace talks this week, with a two-week ceasefire due to expire today.
✔️ Treasury yields moved modestly higher, with the 10-year at 4.27% and the 2-year at 3.76%.
✔️ In commodities, oil prices edged higher amid reports that the US is delaying Vice President JD Vance’s trip to Pakistan, putting on hold for now second-round peace talks between the US and Iran.
✔️ March retail sales indicated that consumer spending remains resilient despite rising energy costs. Headline sales increased 1.7%, up from 0.7% in February and slightly above expectations of 1.6%. Much of the gain was driven by a 15.5% jump in gasoline station spending amid higher oil prices tied to the Iran conflict. Excluding gasoline and other volatile categories, underlying demand was still solid: control-group retail sales rose 0.7%, well above the expected 0.2% increase.
✔️ Preliminary ADP data showed private employers added about 55,000 jobs in the four weeks ending April 4, marking a fifth straight week of improvement and signaling continued labor-market stability.
✔️ Investors watched remarks from Kevin Warsh, President Trump’s nominee for Federal Reserve chair, as he testifies before the Senate Banking Committee. When asked wether he would be the President’s “sock puppet,” Warsh responded “absolutely not.”
✔️ An expected trip by Vice President JD Vance trip to Pakistan for a second attempt at peace negotiations with Iran has been put on hold, The New York Times reported.
✔️ Apple shares moved higher after news that longtime CEO Tim Cook plans to step down on September 1, transitioning to executive chairman. He will be succeeded by John Ternus, Apple’s current senior vice president of hardware engineering, who joined the company in 2001. Apple is scheduled to report earnings next week.
✔️ GE Aerospace shares fell despite beating earnings and revenue expectations and reaffirming guidance, which includes assumptions of persistently high crude prices.
✔️ Amazon gained after announcing plans to invest up to $25 billion in Anthropic to support AI infrastructure. Anthropic, in turn, said it expects to spend more than $100 billion on Amazon’s AWS cloud over the next decade. Bank of America described the move as a strong endorsement of AWS’s chip capabilities.
✔️ 3M declined even after beating earnings estimates and matching revenue expectations, while reaffirming its fiscal 2026 outlook.
✔️ Social media giant Meta (META) will start tracking employees' computer movements to train AI models, according to a Reuters report.
✔️ UnitedHealth Group surged after posting better-than-expected earnings and revenue, raising full-year guidance, and reporting a medical-loss ratio of 83.9%, below consensus and indicative of improved cost control. Peers also moved higher, with Humana up 4% and CVS Health gaining 3%.
✔️ Northrop Grumman slipped despite beating estimates and reaffirming its full-year outlook, citing strong demand and robust bookings. Meanwhile, RTX rose following solid earnings and a guidance increase.
✔️ D.R. Horton climbed after topping earnings expectations and meeting revenue forecasts. The company narrowed its guidance range, noting an 11% increase in net sales orders but also pointing to affordability pressures and cautious consumer sentiment.
✔️ AST SpaceMobile dropped after a failed satellite launch over the weekend.
✔️ Chip stocks continued their rally, led by Marvell Technology, Arm Holdings, and ASML. The PHLX Semiconductor Index is now on its longest winning streak since 2002, according to reports.
|
💲What Else to Watch This Week💲
|
🟢 April 22: Expected earnings from GE Vernova (GEV), Philip Morris (PM), AT&T (T), Boeing (BA), Tesla (TSLA), Lam Research (LRCK), IBM (IBM), Texas Instruments (TXN), ServiceNow (NOW), and CSX (CSX).
🟢 April 23: Expected earnings from American Express (AXP), NextEra Energy (NEE), Thermo Fisher Scientific (TMO), Honeywell (HON), Union Pacific (UNP), Lockheed Martin (LMT), Blackstone (BX), Comcast (CMCSA), Freeport-McMoRan (FCX), Intel (INTC), Gilead Sciences (GILD), and Newmont (NEM).
🟢 April 24: Final April University of Michigan Consumer Sentiment.
🟢 April 27: Expected earnings from Verizon (VZ), Domino's Pizza (DPZ), Public Storage (PSA), and Nucor (NUE).
🟢 April 28: April consumer confidence and expected earnings from Coca-Cola (KO), Novartis AG (NVS), Corning (GLW), BP PLC (BP), Spotify (SPOT), UPS (UPS), American Tower (AMT), Sherwin-Williams (SHW), Visa (V), T-Mobile (TMUS), Seagate (STX), Starbucks (SBUX), Waste Management (WM), and Mondelez (MDLZ).
|
Watch Our Latest Weekly Video On Youtube Or Spotify
" S&P 500 and Nasdaq Hits Highs Again / AI Hype Breaks The Market "
|
|
|
Disclaimer: Bullishbear.com is owned by Lumus A.I (“Lumus A.I”). Press releases, research reports, company profiles and other investor relations materials, publications or presentations, including web content (investor awareness services) released by Bullishbear.com are based on publicly available data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Furthermore, some of the content contained in our publications and websites may contain forward-looking statements found in information made publicly available by the companies we highlight. This forward looking information fits within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements regarding future possible events, expected continual growth of a company, the potential value of its securities, and look forward in time which include everything other than historical information, involve risk and uncertainties that may affect a company’s actual results of operation. We therefore strongly encourage that you visit and review any and all financial information made publicly available by highlighted companies.
Any opinions expressed in Bullishbear.com reports, company profiles, or other investor relations materials and presentations are subject to change, are expressed and given as of the date of publication, and we disclaim any obligation to advise you of any change in any information contained herein. The information contained herein is not intended to be used as the basis for investment decisions and should not be construed as advice intended to meet the particular investment needs of any investor.
The information contained herein is not a representation or warranty and is not an offer or solicitation of an offer to buy or sell any security. To the fullest extent of the law, Hugealerts.com,Tradingwire.com and their affiliates, specialists, advisors, and partners will not be liable to any person or entity for the quality, accuracy, completeness, reliability or timeliness of the information provided, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information provided to any person or entity (including but not limited to lost profits, loss of opportunities, trading losses and damages that may result from any inaccuracy or incompleteness of this information).Stock market investing is inherently risky. Bullishbear.com and their affiliates are not responsible for any gains or losses that result from the opinions expressed in press releases, on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov. and/or the Ontario Securities Commission (“OSC”) at www.osc.gov.on.ca. and/or the British Columbia Securities Commission (“BCSC”) at https://www.bcsc.bc.ca/.
Income Disclosure:
Bullishbear.com has been retained by Sideways Frequency and has received cash compensation of $3,000.00 to perform promotional and advertising services for a limited time. This engagement of investor awareness services is for US Gold Corp. (NASDAQ: USAU). Lumus A.I , Bullish Bear and their partners and affiliates may buy and sell shares of securities or options and warrants of the companies mentioned on this website at any time.
Lumus A.I and its affiliates may buy and sell shares of securities or options and warrants of the companies mentioned in this publication or website at any time but are not and will not at any time become affiliates or owners of more than 5% of the issued and outstanding stock of the highlighted companies.
Lumus A.I and its beneficial owners and affiliates, including Bullishbear.com own shares in US Gold Corp. (NASDAQ: USAU).
Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. Lumus A.I Bullishbear.com and their investor awareness services include the preparation of a research profile(s), multimedia marketing, and other awareness services based on the publicly available information of our clients and prepared by our partners. As such, our opinion is neither unbiased nor independent, and you should consider that when evaluating our statements regarding US Gold Corp. (NASDAQ: USAU). |
|
|
Manage your preferences | Opt Out using TrueRemove™
Got this as a forward? Sign up to receive our future emails.
View this email online.
|
502 E Atlantic Ave 232 | Delray Beach, FL 33483 US
|
|
|
This email was sent to punjabsvera@gmail.com.
To continue receiving our emails, add us to your address book.
|
|
|
|
