Key insights
- US launches "Project Freedom" in the Strait of Hormuz amid tentative optimism regarding Iran diplomacy. Investors are cautious, awaiting Friday's jobs report, with economists anticipating a slowdown. GameStop's bid for eBay and Berkshire Hathaway's earnings miss add to the market's uncertainty. Geopolitical tensions and a potentially weak jobs report pose downside risks for US equities.

📌 Top story -- scroll down for more updates
7:25 am -- EBAY +9.78%, GME -6.56% in pre-market trading
GameStop (GME 5.00%) announced Sunday it's launched an audacious bid for eBay (EBAY +6.47%), with a nonbinding offer of $125 per share – spread 50/50 between cash and stock – valuing eBay at around 20% higher than at Friday's close. eBay jumped 8% in pre-market trading – still some way short of the offer value – as GameStop was largely unmoved.
7:30 am -- BRK .B +0.32% in pre-market trading
Berkshire Hathaway (BRKB +1.07%) posted first-quarter earnings Saturday, the day Greg Abel hosted his first annual shareholder meeting as CEO. Revenue grew 4% year over year, with earnings per B share up 120%. Both, however, missed expectations – as much of the headline gains came from investment holdings revaluations. A Stock Advisor recommendation by Team Hidden Gems, Berkshire saw no real pre-market share price movement as a result.
6:45 am
Here's a sneak preview, but head to the article to share how you cope with the sheer barrage of info during earnings season, or to submit questions to any of the featured analysts today!
By Matt Frankel, CFP®Team Hidden Gems
It can certainly be tough to keep track of everything. There are two main parts of my earnings season strategy:
But even doing those things, earnings season can be tough to keep up with, and I have to remind myself that I can't possibly track every company's earnings.
6:30 am
Stock futures remained cautious on Monday as the administration officially launched "Project Freedom," a U.S.-led naval operation to escort neutral cargo vessels through the mine-strewn Strait of Hormuz. Despite the military activity, energy markets showed tentative optimism following news that Iran received a U.S. response to its 14-point peace roadmap delivered via Pakistani intermediaries. While geopolitical tensions dominate the tape, investors are also looking ahead to Friday's critical jobs report. Economists anticipate a sharp cooling in the labor market, with nonfarm payrolls expected to grow by just 60,000--a significant drop from March's 178,000--as the dual shocks of AI displacement and Middle Eastern conflict weigh on corporate hiring.
6:05 am -- BE +2.53% Friday
By David MeierTeam Rule Breakers
Bloom Energy (BE 2.43%) is reaping the benefits of the constrained supply of traditional power generation sources. Revenue growth accelerated, and [management] increased 2026 guidance from 60% growth to 80%. Margins are expanding, demand is rising, and the company is continuously increasing manufacturing capacity. Well done, Bloom!
6:00 am -- ROKU +6.02% Friday
By Rick MunarrizTeam Rule Breakers
Roku's (ROKU +3.43%) Q1 was robust. Revenue of $1.25 billion, up 22% (vs. 18% guidance), it's strongest growth in 4 years. Net income of $85.7 million (vs. $50 million guidance). Full-year guidance on all metrics revised higher, naturally. Ad revevenue rose 27%, subscriptions up 30% (up 23% without Frndly TV acquisition in May of last year). Yes, platform category is expanded now. Devices revenue down 16%, but now less than 10% of top-line results. Adjusted EBITDA up 165%, trailing free cash flow up 81%. Streaming hours up just 8%, but holy monetization on that, Batman.