UAE Exits OPEC as Iran Peace Bid Pulls Oil Back From $126 Highs
TL;DR Two major oil market events landed simultaneously on Friday, May 1. The United Arab Emirates formally left OPEC
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Fed's Most Divided Vote Since 1992 Sends Bond Traders Hedging Both Ways
TL;DR The Federal Reserve's April 29 meeting produced the most divided vote in over three decades. Eight
Trump Hikes EU Auto Tariffs to 25%: What It Means for Stocks and Trade
TL;DR President Trump announced on May 1, 2026, that the US will raise tariffs on European cars and trucks
Trump Says 'Not Satisfied' With Iran's Hormuz Proposal: Oil and Risk Assets Watch
TL;DR Iran submitted a revised peace proposal to Washington via Pakistani mediators on Friday, May 1, offering to partially
Trump Rejects Iran Deal: Oil Rebounds to $112 as Ceasefire Hopes Fade
TL;DR President Donald Trump publicly rejected Iran's latest peace proposal late Friday, saying he is "not
Iran Submits New Peace Proposal: Oil Falls, S&P 500 Hits Record, Bitcoin Eyes $80K
As of approximately 12:45 p.m. ET on Friday, May 1, the dominant cross-asset catalyst is a major diplomatic
Trump Raises EU Auto Tariffs to 25%: Traders Brace for Cross-Atlantic Trade Shock
TL;DR President Donald Trump announced late Friday afternoon that he will raise tariffs on cars and trucks imported from
US Stocks Hit Record Close as April Posts Best Monthly Gain in Six Years
US equity markets closed at fresh all-time highs on Friday, May 1, with the S&P 500 rising 0.
Apple Earnings Fuel S&P 500 Record High as Oil Drops on Iran Peace Signals
As of 11:30 a.m. ET on May 1, 2026. TL;DR * Apple crushed Q2 FY2026 expectations with $111.
Exxon and Chevron Beat Estimates but Profits Sink as Iran War Hammers Oil Supply
TL;DR Exxon Mobil (XOM) and Chevron (CVX) both topped Q1 2026 analyst estimates on Friday, but net income fell
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