Investors who doubled down on Microsoft in early April have outperformed the S&P 500, showing it was right to ignore the noise. Wall Street was unduly worried about Microsoft's adjustment on its CapEx footprint, as it proved to be overstated. Microsoft's ability to justify sustained enterprise spending is a testament to the resilience and secularity of enterprise spending on Azure.

Summary ⚈ JPMorgan's Linda Bammann and CEO Jamie Dimon recently sold millions in company stock. ⚈ The sales come amid Dimon's recession warning tied to trade tariffs.

Coinbase AM Selects Apex Group to Provide Digital Fund Administration Services Amid Surge in Digital Asset Adoption — Neutral
COIN Newsfile Corp — May 07, 2025New York, New York--(Newsfile Corp. - May 7, 2025) - Apex Group, the leading global financial services provider, has announced it has been selected by Coinbase Asset Management (Coinbase AM)1 to provide fund administration services, which will be delivered by Apex Malta, specifically tailored for digital asset strategies and its newly announced Coinbase Bitcoin Yield Fund (CBYF). This mandate further strengthens Apex Group's strategic alliance with Coinbase AM and reflects the growing institutional adoption of digital assets, driven by the increasing demand for innovative yield-generating projects like CBYF.

Epic gold price run drives Barrick Mining's first quarter earnings — Positive
AAAU BAR DBP DGL GLD GLDM GOLD IAU OUNZ SGOL UGL Kitco — May 07, 2025Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

AvidXchange Holdings, Inc. (AVDX) Q1 Earnings and Revenues Miss Estimates — Negative
AVDX Zacks Investment Research — May 07, 2025AvidXchange Holdings, Inc. (AVDX) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.06 per share a year ago.

DNOW (DNOW) Beats Q1 Earnings and Revenue Estimates — Positive
DNOW Zacks Investment Research — May 07, 2025DNOW (DNOW) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.21 per share a year ago.

Gold News: U.S.-China Trade Talk Optimism Dents Safe-Haven Appeal, Eyes on Powell's Speech — Positive
AAAU BAR DBP DGL GLD GLDM IAU OUNZ SGOL UGL FXEmpire — May 07, 2025Gold prices dip as U.S.-China trade talk optimism and Fed rate hold expectations reduce safe-haven demand; traders eye Powell's remarks for gold outlook.

Lattice is well-positioned in the fast-growing FPGA market, driven by trends in edge AI, 5G, robotics, and industrial automation. LSCC's low-power, cost-effective FPGAs offer a competitive edge, especially in consumer electronics, industrial automation, and automotive systems. 1Q 2025 earnings report shows stable revenue and strong design-win activity, with growth in industrial and automotive markets indicating stabilization.

SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephanie Stewart, Debra Hedgcoth, CFP®, RICP®, and Madison Wentland, CPA, of West Texas Investments have joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $170 million in advisory, brokerage and retirement plan assets* and join LPL from B. Riley Wealth Advisors, Inc.

Hims & Hers Health (HIMS) released first-quarter earnings after the closing bell on Monday and saw shares surge on the robust numbers.

Howard Hughes Holdings to Host an X Spaces Session on Thursday, May 8 at 11:05 AM ET — Neutral
HHH GlobeNewsWire — May 07, 2025HHH Chairman Bill Ackman, CIO Ryan Israel, and CEO David O'Reilly to Discuss Transformation of HHH into a Diversified Holding Company Following $900M Pershing Square Investment

Uber CEO says the Waymo robotaxis on its app in Austin are busier than 99% of human drivers — Positive
GOOG GOOGL UBER Business Insider — May 07, 2025Uber's CEO said the Waymo robotaxis on its app in Austin are already busier than Uber's human drivers. Dara Khosrowshahi said Uber will grow its self-driving fleet after the deal with Waymo "exceeded expectations.

MARA Holdings ($MARA) | Riot Platforms ($RIOT) | CleanSpark ($CLSK) | IREN ($IREN) — Positive
CLSK MARA RIOT Green Stock News — May 07, 2025Welcome to the Green Stock News brief for Wednesday May 7th. Here are today's top headlines: MARA Holdings (NASDAQ: MARA) produced 705 BTC in April, averaging 23.5 BTC per day and winning 205 blocks, representing 5.1% of available miner rewards.

EA shares jump as it scores big with upbeat forecast, 'Battlefield' release — Positive
EA Reuters — May 07, 2025Shares of Electronic Arts rose nearly 5% in premarket trading, after the gaming giant's upbeat forecast eased concerns about slowing momentum and revived confidence in its blockbuster sports titles.

Wynn Resorts Q1 Earnings & Revenues Miss Estimates, Decline Y/Y — Negative
WYNN Zacks Investment Research — May 07, 2025WYNN's first-quarter top line reflects lower contributions from total Macau, Las Vegas and Encore Boston Harbor operations.

BorgWarner (BWA) Beats Q1 Earnings and Revenue Estimates — Positive
BWA Zacks Investment Research — May 07, 2025BorgWarner (BWA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.03 per share a year ago.

Bandwidth (BAND) Q1 Earnings and Revenues Beat Estimates — Positive
BAND Zacks Investment Research — May 07, 2025Bandwidth (BAND) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.27 per share a year ago.

Modiv Industrial, Inc. (MDV) Beats Q1 FFO and Revenue Estimates — Positive
MDV Zacks Investment Research — May 07, 2025Modiv Industrial, Inc. (MDV) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.29 per share a year ago.

Take-Two Interactive (NASDAQ: TTWO) stock's 2.89% climb on May 6 session and 1.78% May 7 pre-market rally on the release of the Grand Theft Auto VI (GTA 6) trailer 2 demonstrated the video game's potential to serve as a powerful bullish catalyst even after Rockstar announcing another delay recently.

Gold's Record Run in 2025: Here Are 3 Ways to Ride the Surge — Positive
GDX GLD NEM MarketBeat — May 07, 2025Despite a brief pullback from recent highs, gold has been on a historic run in 2025, surging to record levels as investors flock to the precious metal as a haven. Gold broke above the $3,000 mark for the first time in March and rallied nearly 15% over the past month to touch a record high near $3,500.
