ChartAddicts Daily Market Briefing

Friday, May 10, 2025

Here’s everything you need to know to prep for today’s session — from economic releases to earnings and global headlines impacting the markets.

Economic Calendar

• U.S. Jobless Claims (8:30 AM ET):Jobless claims fell to 228,000 (vs. 241K prior). This signals continued labor market strength and may impact rate cut speculation.

  
  

• China CPI:April inflation came in at -0.1% YoY, raising deflation concerns as consumer demand softens under ongoing U.S. tariff pressure.

  
  

Earnings to Watch

Company	Ticker	EPS Result	YoY Change	Notables
McKesson	MCK	$10.12 (beat)	+64%	Strong drug distribution growth
Monster Bev.	MNST	$0.45 (miss)	+9%	Soft demand weighs on rev
Coinbase	COIN	$1.85 (miss)	-	Vol down 10%, rev $2.03B
Cloudflare	NET	-$0.05 (beat)	-	Rev up 27%, GAAP loss remains
Trade Desk	TTD	$0.08 (beat)	+33%	Strong ad demand
LPL Financial	LPLA	$5.15 (beat)	+22%	Record advisory growth
Microchip	MCHP	$0.11 (miss)	-94%	Chip demand still lagging

Geopolitical & Macro Headlines

• U.S.-China Trade Talks (May 9–12):Officials meet in Switzerland as the tariff war escalates (U.S. at 145%, China at 125%). No policy shifts expected yet, but rhetoric could drive volatility.

• Australia Housing Confidence:NAB Index jumps to +40, driven by rate cut hopes and strong consumer sentiment. Potential spillover effects on global real estate-linked assets.

• Global Elections:Australia and Singapore elections solidify incumbents; Romania set for a closely-watched vote later this month. Global political stability continues — for now.

  
  

Watchlist Ideas (Volatility & Reaction Potential)

• COIN, TTD, NET – Post-earnings setups

• USD/JPY, S&P500 Futures – Reacting to jobless claims and CPI data

• Semiconductors – Eyes on MCHP fallout

• Gold & Commodities – Impact from China CPI and trade tensions

  
  

⚠️ Risk Reminder:Markets are reacting quickly to macro data and geopolitical headlines. Stay nimble, manage risk, and avoid overexposure ahead of the weekend.

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Stay sharp,– ChartAddicts Research Desk