Economy

Once Again, Earnings Transcend Tariff Talks and Fed Fears

While uncertainties remain the market is showing no fear of labor issues or inflation. The S&P may likely hit yet another new all-time high this week.
Once Again, Earnings Transcend Tariff Talks and Fed Fears
A trader works on the floor of the New York Stock Exchange on April 30, 2025. Michael M. Santiago/Getty Images
Louis Navellier
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Commentary

Despite many unresolved tariff treaties and the Fed’s foot-dragging on interest rate cuts, the S&P 500 and Russell 2000 gained 2.4% last week, while NASDAQ rose nearly 4%. That’s mainly because the current (second quarter) earnings announcement season is “coming in hot,” as Axon Enterprise (AXON), Kinross Gold (KGC), Paymentus Holdings (PAY) and Palantir Technologies (PLTR) posted better-than-expected sales and earnings last week, while also raising guidance. Then, Niagen Bioscience (NAGE) joined the earnings announcement party after posting a 10% sales surprise and a massive 300% earnings surprise.

Louis Navellier
Louis Navellier
Author
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.
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