AI Stock Market News Today

The Financial Stability Board has launched a task force to evaluate the risks retail investors face within the expanding private credit sector. The move comes as institutional-grade assets increasingly become available to non-professional investors.

• FSB task force evaluating retail exposure to private credit
• Private credit market currently valued at $1.8 trillion

Axsome Therapeutics has received FDA approval to market Auvelity for the treatment of agitation associated with Alzheimer's-related dementia. This expansion broadens the therapeutic reach of the drug, which was previously approved for depression.

• FDA approval for Alzheimer's agitation
• Expansion of Auvelity's therapeutic use

The S&P 500 recorded a significant gain of over 10% in April, lifting year-to-date returns above 5%. Market strategists suggest historical data points toward continued upward trajectory for the index.

• S&P 500 monthly gain of 10.4% in April
• Year-to-date returns have climbed above 5%

President Donald Trump has announced that the US naval blockade on Iran will remain in effect. The administration aims to leverage maximum pressure to bring Tehran back to the diplomatic table.

• Naval blockade to remain in place
• Objective is to force Iranian diplomatic engagement

Dominion Energy saw a 23.1% surge in quarterly revenue to $5.01 billion, though GAAP net income fell year-over-year. The company has issued full-year EPS guidance ranging from $3.45 to $3.69.

• Q1 Revenue rose to $5.01 billion from $4.07 billion
• GAAP EPS dropped to $0.69 from $0.77

CBOE Global Markets reported a significant year-over-year increase in net income and revenue for the first quarter of 2026. The exchange operator saw earnings per share climb to $3.66, reflecting robust operational growth.

• GAAP earnings rose to $384.1 million from $249.4 million
• EPS increased from $2.37 to $3.66

Gates Industrial Corporation plc saw a marginal dip in first-quarter GAAP earnings compared to the previous year. Despite the profit retreat, the company maintained a slight increase in overall revenue.

• Q1 GAAP earnings: $59.7 million ($0.23/share)
• Prior year Q1 GAAP earnings: $62.0 million ($0.24/share)

Federal Realty Investment Trust (FRT) reported an increase in first-quarter earnings compared to the previous year. The announcement signals continued growth for the retail-focused REIT.

• Earnings increased compared to Q1 of the previous year
• Positive growth trajectory for the REIT

The United Arab Emirates has unexpectedly withdrawn from OPEC, ending years of production coordination. This move positions the Gulf nation as a direct competitor to US shale producers.

• UAE formally leaves OPEC
• Shift from coordinated quotas to independent production

ExxonMobil posted first-quarter revenues of $85.14 billion, reflecting a steady increase in sales. While net income declined year-over-year, adjusted earnings excluding timing effects showed significant growth.

• Total revenue increased to $85.14 billion from $83.13 billion
• Adjusted EPS excluding timing effects rose to $2.09

Weyerhaeuser Co (WY) will host a conference call on May 1 to discuss its first-quarter 2026 financial results. The company has provided multiple access points for investors to join the live discussion.

• Conference call set for May 1, 2026, at 10:00 AM ET
• Discussion will focus on Q1 2026 earnings results

Dominion Energy, Inc. (D) will host a conference call to discuss its Q1 2026 financial results. The event is set for May 1, 2026, at 11:00 AM ET.

• Conference call scheduled for May 1, 2026
• Call start time confirmed for 11:00 AM ET