Sector Snapshot 

Consumer:
Kimberly-Clark (KMB) topped Q1 EPS but missed on revenue and posted a surprise 1.6% organic sales decline. Kraft Heinz (KHC) was downgraded at Bernstein over share loss in core U.S. brands. Jefferies flagged GLP-1 drug developments as a headwind for snack giants like PEP, CPB, MDLZ. Apparel stocks like Macy’s (M) and Torrid (CURV) were cut at Goldman as growth outlooks dim; TJX and BURL seen as defensive winners.

Autos, Leisure, Gaming & Lodging:
Tesla disappointed after the close, posting Q1 revenue of $21.3B and EPS of $0.42—both missing estimates and down significantly y/y. Margins compressed as price cuts persisted, and commentary offered little new detail on the long-awaited affordable Model Y. Genuine Parts Company (GPC) beat Q1 estimates but guided soft for Q2. In gaming, Stifel expects misses for LNW, beats for AGS, and solid performance from IGT. Sportradar (SRAD) was double upgraded at BofA on improved margins and AI upside.

Energy:
Devon (DVN) unveiled a $1B margin improvement initiative. Halliburton (HAL) disappointed with lower Q1 profit. Solar stocks (FSLR, ENPH, SEDG) rallied after steep tariffs were finalized on Southeast Asian solar cells. In utilities, Barclays downgraded LNT and initiated AWK at Underweight. CNP upgraded following better-than-expected regulatory wins.

Banks, Brokers & Asset Managers:
Mixed regional bank earnings: BOKF missed on fee income, while CADE and DCOM posted beats. ZION dipped on softer results. Moody’s (MCO) and Equifax (EFX) both topped earnings but offered muted guidance; EFX unveiled a $3B buyback.

FinTech, Payments & Crypto:
PAGS and STNE were upgraded at Citi, viewed as nearing small-bank ROE levels. Global Payments (GPN) and FIS reshuffled assets in a $13.5B deal. MicroStrategy (MSTR) added 6,556 Bitcoin, boosting crypto sentiment; BTC rose over 3% above $88K.

Healthcare:
Roche committed $50B to U.S. manufacturing. Carl Icahn expanded his exposure to Bausch Health (BHC) to 34%. Lab and diagnostic names DGX and DHR beat expectations. ELV posted strong earnings, bouncing back from last week's UNH miss. MEDP raised full-year guidance despite a bookings miss.

Industrials:
GE beat EPS estimates and held its outlook. 3M (MMM) rallied after better-than-expected earnings and a $2B buyback plan. Pentair (PNR) beat on both lines and tightened guidance. Barrick (GOLD) sold its Donlin stake for up to $1.1B as gold hit $3,500 before easing.

Aerospace & Defense:
Boeing (BA) sold its Jeppesen unit for $10.5B. LMT topped Q1 earnings and reaffirmed guidance, while NOC missed on revenue and slashed its EPS forecast. RTX topped estimates but shares slid on midpoint guidance below consensus. Hexcel (HXL) lowered full-year guidance citing aircraft supply chain delays.

Technology:
Verizon (VZ) beat Q1 estimates but reported a larger-than-expected subscriber loss. eBay (EBAY) was downgraded at Bernstein. Data center names (CRWV, VRT, DELL, SMCI) rebounded after AWS clarified it was not slowing expansion. Calix (CALX) popped on strong Q1 results and an upbeat outlook. Telecom names gained after Google reversed course on third-party cookies, lifting TTD, MGNI, and CRTO.

Featured Articles

• Tesla Earnings Loom as Pressure Mounts: With earnings expected to disappoint, Wall Street focused on margin pressure, pricing strategy, and Elon Musk's growing list of outside ventures. Investors hope the call will clarify the company's vision for its delayed affordable vehicle program.

• Credit Card Delinquencies Climb: A rise in delinquencies signals a weakening consumer backdrop and could foreshadow tightening credit conditions. The article explores the risks this poses to broader economic health.

• Amazon's Valuation Questioned vs. Walmart: Analysts argue that despite current defensive positioning toward Walmart, investors are underappreciating Amazon's long-term cloud and retail upside. The spread between their multiples may be unjustified.

• Gold's Bull Market Still a Mystery: Despite minimal movement in real yields and inflation expectations, gold has soared past $3,500. Analysts debate whether this reflects geopolitical hedging, central bank buying, or a shift in monetary sentiment.

• Sam Altman Leaves Oklo Chair Role: Altman’s exit frees the nuclear startup to deepen AI integration across its ecosystem, as Oklo aims to scale clean energy partnerships with multiple players beyond OpenAI.

• Capital One Earnings Beat on Credit Strength: Q1 profit rose 10% on stronger-than-expected consumer credit trends. Spending gains offset rising delinquencies, helping Capital One outperform in an increasingly cautious financial landscape.

Inside the Earnings Call - TSLA

Q1 FY2025 Earnings Call Summary

Takeaway for Investors
Tesla's Q1 results revealed margin pressure, a delay in the affordable vehicle rollout, and stagnant volume growth. While management emphasized long-term cost efficiency and AI integration, investors may grow increasingly impatient for near-term execution. Musk’s external commitments remain a distraction, and with Q2 likely to show continued discounting, the stock could face pressure barring an upside surprise on volume or cost discipline.