AI Stock Market News Today

Escalating tensions and active conflict with Iran have pushed national average gas prices above $4.23 per gallon. Energy giants Chevron and Occidental Petroleum are positioned for significant windfall profits as crude prices far exceed initial 2026 forecasts.

• Oil prices projected at $96/barrel by EIA
• Gas prices up >$1/gallon year-over-year

Cardinal Health saw a double-digit increase in quarterly revenue but experienced a drop in net income compared to the previous year. The company maintained its full-year earnings guidance despite the GAAP profit contraction.

• Quarterly revenue rose 11% to $60.940 billion
• GAAP net income decreased to $399 million

Donald Trump has attributed a $30 billion gain for the United States to a recent surge in Intel Corporation shares. The claims coincide with continued premarket gains for the semiconductor manufacturer.

• Trump asserts responsibility for Intel's 90-day rally
• Claims the surge generated $30 billion for the U.S.

Eli Lilly has increased its full-year revenue and profit forecasts following a first-quarter performance that significantly exceeded analyst expectations. The surge was primarily driven by explosive sales of its weight-loss and diabetes treatments, Zepbound and Mounjaro.

• 2026 revenue guidance raised to $82B-$85B
• Mounjaro sales hit $8.66B, beating estimates by over $1.4B

Mixed results from the 'Magnificent Seven' are driving volatility in index futures. While Google sees gains, peers Amazon, Microsoft, and Meta face downward pressure following their latest reports.

• Google shares rose following earnings reports
• Amazon, Microsoft, and Meta experienced price slumps

Molson Coors Beverage Company reported a rise in net income and a 2% increase in revenue for the first quarter. The company's bottom line grew to $151.3 million compared to $121 million in the prior year.

• Net income: $151.3M vs $121M YoY
• EPS: $0.80 vs $0.59 YoY

Indian benchmark indices fell on Thursday as escalating US-Iran tensions and a critical oil supply disruption fueled inflation fears. The sell-off coincided with a divided Federal Reserve decision to maintain current interest rates.

• BSE Sensex closed down 0.75% at 76,913.50
• NSE Nifty fell 0.74% to end at 23,997.55

A conflict between the U.S. and Iran has disrupted approximately 30% of the global helium supply, a critical component for advanced semiconductor manufacturing. This supply shock poses a significant risk to the production volumes of leading AI chip firms including TSMC and Micron.

• 30% of global helium supply is currently offline due to the Strait of Hormuz conflict
• Helium is essential for the EUV process used in 2nm and 3nm chip fabrication

US Treasury yields declined following a period of volatility sparked by a divided Federal Reserve. The rebound coincides with a retreat in Brent crude prices from four-year highs.

• 2-year Treasury yield fell 5 bps to 3.90%
• Brent crude retreated from 4-year highs

The Central Europe Pipeline System is prioritizing military fuel requirements over civilian needs amid ongoing regional tensions. This shift comes as European energy markets already face significant pressure from the conflict in Iran.

• Military requirements take absolute priority in the CEPS network
• Civilian fuel supplies are facing increased constraints

Pharmaceutical giant Merck exceeded first-quarter expectations fueled by strong demand for its oncology and rare disease portfolios. The company narrowed its annual revenue guidance and increased its adjusted earnings forecast.

• Q1 revenue grew 5% to $16.29 billion
• Keytruda sales beat estimates at $8.03 billion

Smurfit Westrock Plc is scheduled to discuss its first-quarter 2026 financial results via a conference call. The event will provide investors with insights into the company's recent performance and operational outlook.

• Conference call scheduled for April 30, 2026
• Event start time set for 7:30 AM ET