From Yahoo Finance: 2025-05-05 08:21:00

The trillion-dollar question in markets: whether to believe heady 2025 earnings estimates amid Trump’s trade war. First quarter earnings are solid before tariff impacts. S&P 500 earnings growth up 7.9%, surprising to the upside by 10.2%. Big names like Apple, Alphabet, Microsoft impress, but outlook for EPS growth is uncertain. Markets tumble post-“Liberation Day”, rebound on earnings. Coca-Cola CEO notes cautious consumers, Starbucks CEO acknowledges consumer weakness. Stick to investment plans amid volatility, says strategist. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by over 500 points. This was attributed to concerns over rising inflation and interest rates.

2. A new study revealed that the COVID-19 vaccine is effective in preventing hospitalizations and deaths caused by the Delta variant. The study found that vaccinated individuals were significantly less likely to experience severe symptoms.

3. Researchers have discovered a new species of dinosaur in Argentina. The fossilized remains indicate that this dinosaur was a herbivore that roamed the earth over 140 million years ago.

4. The United Nations issued a report warning of the urgent need to address climate change. The report highlighted the devastating impact of global warming and called for immediate action to reduce carbon emissions.

5. A major cyberattack targeted a prominent technology company, resulting in a data breach affecting millions of users. The company is working to contain the breach and strengthen its cybersecurity measures to prevent future attacks.

Read more: Why earnings estimates are a key market risk