{"id":89850,"date":"2026-05-03T23:01:26","date_gmt":"2026-05-03T23:01:26","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/5-things-we-learned-during-sp-500-earnings-madness\/"},"modified":"2026-05-03T23:01:26","modified_gmt":"2026-05-03T23:01:26","slug":"5-things-we-learned-during-sp-500-earnings-madness","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/5-things-we-learned-during-sp-500-earnings-madness\/","title":{"rendered":"5 things we learned during S&P 500 earnings madness"},"content":{"rendered":"


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And just like that, I\u2019m off to the land of $6 gas prices.<\/p>\n

That would be California. I promise to take pictures of Chevron gas signs and post them on my X account, @BrianSozzi, for you Northeastern folks getting off easy with $4 gas.<\/p>\n

It\u2019s time for an annual tradition: the Milken conference.<\/p>\n

This one is a favorite because you never know who you will run into. One moment, you see Gwyneth Paltrow talking to an assistant at the entrance of the Beverly Hilton. The next minute, you catch a brief glimpse of Tesla CEO Elon Musk on stage (last year) with host Mike Milken.<\/p>\n

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Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024, in Beverly Hills, Calif. (Apu Gomes\/Getty Images) \u00b7<\/span> Apu Gomes via Getty Images<\/span><\/figcaption><\/figure>\n

As for me, I\u2019ll be live on Yahoo Finance on Monday and Tuesday with some awesome interviews. I say this each year, but this is truly the best lineup of power players descending to Yahoo Finance\u2019s setup inside the hotel lobby.<\/p>\n

I will add that Nvidia CEO Jensen Huang is slated to attend. He didn\u2019t make much news at the conference last year, but waxed poetic about artificial intelligence\u2019s impact on jobs. His comments got a few media write-ups. But what he says this time could be more interesting, given hyperscalers\u2019 recent increases in capital expenditures and semiconductor stocks’ recent run.<\/p>\n

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Invest in Gold <\/h2>\n

Powered by Money.com – Yahoo may earn commission from the links above. <\/caption>\n<\/p>\n<\/div>\n

Heading into Milken, my head is chock full of lessons from a very busy week of earnings from S&P 500 heavyweights.<\/p>\n

Lesson one: <\/strong>The market is wary of AI capex spending plans across all companies because the technology has yet to deliver strong returns on profit margins. It\u2019s unclear when the payback will happen, but it may not be 2027 either.<\/p>\n

Lesson two:<\/strong> As long as billions are being plowed into US AI infrastructure, it\u2019s going to be very hard to make a strong bear case for stocks \u2014 even as Iran conflict concerns swirl and drive up oil prices. I think what billionaire investor Bill Ackman told me this week about why he\u2019s bullish on the market makes a lot of sense.<\/p>\n

Lesson three:<\/strong> Investors are yearning for more AI-driven layoffs from corporate America. Expect more headline-grabbing layoffs to be announced before year-end.<\/p>\n

Lesson four:<\/strong> It\u2019s going to take $5-a-gallon gas nationwide to start to take down the US consumer. The resilience of consumers continues to surprise me. They are out there buying new Hot Wheels toys from Mattel (MAT) (or so said Mattel\u2019s earnings release), spending money on matcha teas from Starbucks (SBUX) (as Starbucks CEO Brian Niccol told me this week), and devouring new cilantro-lime sauce from Chipotle (CMG) (which is a paid add-on).<\/p>\n

Lesson five: <\/strong>Nobody cares about the midterm elections right now \u2014 it\u2019s a nothingburger in terms of markets. So if a company calls this out as a reason for a numbers miss, roll your eyes.<\/p>\n<\/p><\/div>\n

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A special note: I have come up on episode 300 of the Opening Bid Unfiltered podcast, all done in under two years. Crazy!<\/p>\n

I have sat down with everyone from billionaire investor Ray Dalio in Davos to Phoebe Gates (Bill and Melinda\u2019s daughter) at our NYC headquarters to DJ Diplo in Cannes. Now, we are looking to toss more gas on my podcast with a visual overhaul, from the show\u2019s look to its name. Allow me to introduce Power Players With Brian Sozzi!<\/p>\n

Tune in Monday at 8 a.m. ET on Yahoo Finance, YouTube, Spotify, Apple Music, or Amazon for the first episode of Power Players. I am not going to share who the episode is with, but I will give this clue: They just reported earnings, and you have probably eaten there in the past year.<\/p>\n

Thank you to our team, who has worked tirelessly to bring this next chapter to life.<\/p>\n

Brian Sozzi<\/em> is Yahoo Finance’s Executive Editor and a member of Yahoo Finance’s editorial leadership team. Follow Sozzi on X <\/em>@BrianSozzi<\/em><\/a>, <\/em>Instagram<\/em>, and <\/em>LinkedIn<\/em>. Tips on stories? Email brian.sozzi@yahoofinance.com.<\/em><\/p>\n

Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/strong><\/p>\n

Read the latest financial and business news from Yahoo Finance<\/strong><\/p>\n<\/p><\/div>\n