LG Electronics (066570.KS) stock dropped 2% despite crushing Q1 estimates with 1.67 trillion won operating profit, up 33% YoY on record revenue.
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AMD stock receives mixed analyst ratings before Q1 earnings. Wells Fargo bullish at $345, UBS at $310, while Citi cuts target to $248. Server CPU share rises.
UBS slashes S&P 500 year-end target to 7,500 from 7,700 as Middle East conflict drives oil prices higher and delays expected Federal Reserve rate cuts.
Gold futures slip 0.4% as Trump’s Iran deadline looms. Dollar strength and oil above $110 pressure prices while China extends gold purchases to 17 months.
Trump’s Iran deadline threatened strikes on bridges and power plants, yet oil prices barely budged. Markets may be skeptical after multiple deadline shifts.
UnitedHealth (UNH) stock climbed 1.5% after CMS set a 2.48% Medicare Advantage rate for 2027, adding $13B in insurer payments. Q1 earnings due April 21.
Planet Labs (PL) stock declined 2.6% after CFO sold $7M in shares. Q4 revenue surged 41% but EPS missed. Analysts boosted targets to $40 amid bullish outlook.
Cathie Wood’s ARK Invest purchased $14.3M in Tesla (TSLA) stock on April 6 as shares declined, while reducing Teradyne position for third consecutive time.
Apple (AAPL) CEO Tim Cook sold $16.5M in stock as MacBook Neo sells out. Despite 4.6% YTD decline, BofA maintains Buy rating with $320 target.
Samsung projects record Q1 operating profit of $37.8B, up 8x year-over-year, fueled by AI chip demand and memory shortages. Stock rises 1.76% on results.