Alpha
๐จ Former President Donald Trump has promised a significant announcement ahead of his trip to Saudi Arabia. Trump indicated that this major reveal could come on Thursday, Friday, or Monday.
๐จ๐บ๐ธ Trump on the upcoming "big announcement":
- In the coming days, it will not necessarily pertain to trade.
- In the coming days, it will not necessarily pertain to trade.
โ ๏ธ๐ฎ๐ณ๐ต๐ฐ The Defense Minister of Pakistan, Khawaja Asif, has stated that a confrontation between Pakistan and India is "inevitable." He emphasized that Pakistan will destroy any Indian constructions aimed at stopping the flow of water through the Baglihar Dam.
๐ Thumzup Media, a public company, is set to raise $500 million to acquire Bitcoin (BTC) for its balance sheet. The move highlights growing interest in cryptocurrency among corporations. For more details, visit Thumzup Media.
๐บ๐ธ U.S. companies are executing and planning record stock buybacks this year, with the total announced buybacks since the beginning of 2023 already surpassing the historic highs set in 2022. This trend highlights ongoing confidence among corporations even amid economic uncertainties. For more details, visit BBG.
๐ Comcast is set to spin off a significant portion of its NBCUniversal cable network portfolio, which includes USA, MSNBC, and CNBC, into a separate entity named Versant. This strategic move aims to streamline operations and enhance focus within the company as it continues to adapt to the evolving media landscape. For more details, visit here.
๐ฅ Bitwise has submitted an S-1 application to the SEC for a NEAR ETF. The move reflects growing interest in cryptocurrency investment products. For more details, visit the official submission link.
๐ Rivian has reported an EPS of -$0.48, surpassing expectations of -$0.94. However, forecasts have been lowered due to tariffs impacting the company's financial outlook.
๐ฎ Electronic Arts reported an earnings per share (EPS) of $0.98, falling short of the expected $1.07. The company's financial performance has drawn attention as it navigates recent challenges in the gaming industry. For more details, visit EA's official website.
๐ Supermicro reported earnings per share (EPS) of $0.31, exceeding expectations of $0.30. The company's performance continues to demonstrate its strong position in the market. For more details, visit Supermicro.
๐ Advanced Micro Devices (AMD) reported an earnings per share (EPS) of $0.96, surpassing expectations of $0.94. The company maintains a robust forecast moving forward. For more details, visit AMD.
๐จ Ahead
U.S. oil inventory data from the API will be released today between 23:30 and 23:40 Moscow time.
U.S. oil inventory data from the API will be released today between 23:30 and 23:40 Moscow time.
๐ฅโ ๏ธ Former U.S. President Donald Trump stated that now is not the right time to bring Russia back into the G7. He emphasized that it was a mistake to exclude Russia from the group. Trump's comments were made on February 13, 2025, when he expressed his desire to see Russia reintegrated into the G7, highlighting the ongoing geopolitical tensions.
๐ Todayโs Calendar - May 7, 2025
Kazakhstan reports no trading activity. Japan will release its Services/Composite PMI for April at 03:30 MSK. Russiaโs Services/Composite PMI is scheduled for 09:00 MSK, followed by the Central Bank of Russia announcing currency purchase/sale volumes for May at 12:00 MSK. EIA crude oil stocks will be reported at 17:30 MSK. The US Federal Reserve will announce its interest rate decision at 21:00 MSK, followed by a press conference at 21:30 MSK. Brazil's central bank rate decision is at 00:30 MSK. Additionally, President Putin will meet with leaders from Cuba, Mongolia, and Congo, while the Russian Finance Ministry conducts an OFZ auction. Key earnings reports include Novo Nordisk, Barrick Gold, and Disney among others.
Kazakhstan reports no trading activity. Japan will release its Services/Composite PMI for April at 03:30 MSK. Russiaโs Services/Composite PMI is scheduled for 09:00 MSK, followed by the Central Bank of Russia announcing currency purchase/sale volumes for May at 12:00 MSK. EIA crude oil stocks will be reported at 17:30 MSK. The US Federal Reserve will announce its interest rate decision at 21:00 MSK, followed by a press conference at 21:30 MSK. Brazil's central bank rate decision is at 00:30 MSK. Additionally, President Putin will meet with leaders from Cuba, Mongolia, and Congo, while the Russian Finance Ministry conducts an OFZ auction. Key earnings reports include Novo Nordisk, Barrick Gold, and Disney among others.