PGR Progressive kicks off today as the $117B carrier delivers Q1 results. The insurance giant faces investor scrutiny as private credit exposure turns sentiment against US life insurers per FT reporting. Inflated private ratings could mask credit risks leaving companies undercapitalised.
Corporate America prepares to deliver bumper earnings despite Iran war chaos. Analysts expect profits boosted by weak dollar and Trump administration tax plans. BP hailed exceptional quarter for oil traders as energy shock leaves traders competing for available cargoes.
Zero IPOs scheduled this week. Capital markets remain frozen amid geopolitical uncertainty. Wall Street SEC chief Paul Atkins dismissed private credit systemic risk concerns defending unlisted asset exposure in retail portfolios.
Oil supply crunch intensifies as final Hormuz tankers reach refineries. The last prewar cargoes escalate global rush to secure barrels. Gold dropped on stronger dollar and rising rate bet momentum.
European stocks closed higher on Iran peace hopes while Asia markets traded mixed. Small cap valuations matter as Vix indicator signals potential rally timing. Watches and jewellery makers shift to steel and bronze as precious metal prices soar.
Warner Bros takes CinemaCon stage as filmmakers oppose Paramount acquisition.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
