The market climbed Tuesday, macro eyes looking at the first few ships turning away from the gulf, still hopeful a U.S. blockade may push Iran to come to the bargaining table again.

Bloomberg reported Tehran is considering pausing shipping t ocomply with the blockade to signal it wants to talk.

Markets nearly hit records today, despite the wild spring we’ve weathered so far. But earnings are back, baby, and traders are churning through a massive earnings dump as the big banks take center stage and the AI infrastructure land grab moves into the hardware plumbing.

Bank reports officially started the earnings season Tuesday, posting a windfall of revenue beats that were overlooked in favor of the fine print: loan health, and consumer confidence don’t look so great for the coming quarter. Profits rose during volatile wartime stock trading, but so did the global risks. JPMorgan Chase CEO Jamie Dimon said consumers and businesses are healthy, but complicated risks from wars, energy prices, and deficits make it difficult to predict what will happen next.

“We cannot predict how these risks and uncertainties will play out,” Dimon said.

You’re not alone in this blizzard of events, even the head of the largest bank is finding it difficult to keep track.

The residential solar provider faced a challenging Tuesday after-market as $SPWR ( ▲ 2.5% ) fell -6% following a Q1 update that highlighted the combined impact of seasonal slowdowns and the expiration of key federal tax credits. Without government subsidies, the market will get tight for solar panels.

The RIP: SunPower reported Q1 revenue of $84M, a 15% sequential decline from its record $88M in Q4, CEO citing the "winter-quarter solar slump" and the ITC solar subsidy cut. Operating income fell to $2M compared to $11M in the previous quarter. The company maintained its 2026 profitability guidance but noted $4M in revenue uncertainty due to shifting consumer demand patterns.

Stocktwits sentiment dropped to 41% bullish as post volume doubled, with retail traders debating whether the $84M revenue floor is sustainable. Investors should watch for any further guidance revisions if the Q2 "spring surge" in installations fails to materialize by May. ☀️

ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) has initiated plans to establish operations in Ukraine, marking a strategic expansion of the company's global counter-UAS capabilities. This initiative includes both manufacturing and testing facilities designed to produce and validate the company's interceptor defense systems.

ZenaTech is currently working with legal and compliance experts to structure its Ukraine operations and is actively hiring local staff. The company is coordinating planned testing authorization through the Ukrainian Armed Forces and the State Aviation Authority of Ukraine (SAAU).

The planned facility is intended to produce and validate the company's Interceptor P-1 expendable interceptor drone, targeted to sell for under $5,000 USD. ZenaTech is committed to compliance with all applicable regulations including export and trade controls.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

Welcome to the first day of earnings season! Bank reports Tuesday with a consistent story hiding inside contradictory headlines. Every major bank beat estimates on trading and investment banking, a gift from the volatility generated by the Iran conflict and macro uncertainty.

But the market punished two of the four biggest names anyway. Credit provisions are rising across the board and private credit loans are freaking out Wall Street. Trimmed net interest income guidance reads as the fine print below record quarters: Goldman ruined the fun with a downer report that flagged loan quality deterioration on Monday.

JPMorgan fell more than 5% despite a blowout quarter. Wells Fargo dropped nearly 5% on a revenue miss. BlackRock and Citigroup were the exceptions, both trading higher on different structural stories.

The market is aggressively punishing banks that show any erosion in lending margins or credit quality, effectively ignoring record trading numbers to focus on the emerging reality of peak net interest income and rising systemic risks.

The RIP: $JPM ( ▼ 0.82% ) crushed estimates with $5.94 EPS and $50.5B in revenue but fell after cutting NII guidance to $103B. $WFC missed revenue expectations with $21.45B, as net interest margins compressed to 2.47% and credit provisions jumped 22% to $1.14B. Conversely, $C posted its highest quarterly revenue in a decade at $24.6B with a 40% jump in equities trading, while $BLK reported a 46% profit surge to $2.2B on record $130B ETF inflows.

$C ( ▲ 2.61% ) remains the turnaround favorite, but the 22% spike in credit provisions at $WFC suggests an overall weak consumer. That could threaten the entire sector later in the year.

Stocktwits sentiment diverged sharply, with $JPM dropping to 34% bullish while $C hit "extremely bullish" territory as retail investors rotated into the restructuring story. Watch $MS for confirmation of the trading-led recovery, though any further NII guidance trims from regional peers will likely trigger a broader sector de-rating. 🏦

Shares of $ASTS ( ▼ 10.51% ) plunged -10% on Tuesday, the volatility sending the stock to the top of Stocktwits social trending charts as Amazon announced a acquisition of Globalstar. Good news for a competitor was a massive new threat to AST SpaceMobile’s first-mover advantage in the direct-to-device cellular service market.

The move effectively transforms the satellite landscape into a three-way battle between SpaceX, AST, and Amazon, just days before AST's critical BlueBird 7 satellite launch.

The RIP: $AMZN agreed to acquire $GSAT for $11.57B, for immediate access to satellite spectrum and infrastructure, while simultaneously partnering with $AAPL to support Emergency SOS features on iPhone.

While Amazon expects to launch enhanced services by 2028, $ASTS is proceeding with its next tech launch on April 16 via Blue Origin’s New Glenn rocket. William Blair analysts noted the deal positions Amazon as a "third major player" in the D2D space, according to TheFly.

The news follows a report from The Information that outlined financial information from the private and soon-to-IPO SpaceX. The Information investigators claimed Starlink is 61% of SpaceX’s total sales, generating $11.4B in revenue in the past year, up 50% from a year ago, the two segments pulling in about $18.78B.

The $AMZN entry validates the market for satellite-to-phone connectivity, but Amazon is a world eating giant that could squeeze AST’s partner-led model. Stocktwits sentiment shifted to "extremely bullish" despite the price drop, as message volume surged. Some traders are characterizing the decline as an over reaction. Holders should monitor the April 16 launch to see if ASTS can outpace the two giants. 🛰️

High-growth trading platforms led a synchronized rally on Tuesday as $HOOD jumped +10% and $COIN rose +6%, fueled by a "risk-on" rotation following hints of a diplomatic resolution to U.S.-Iran tensions. With Bitcoin reclaiming the $75,000 level, the move signaled a broader fundamental re-rating for the entire crypto value chain, as investors pivot from safe-haven assets back into high-beta digital asset proxies.

The RIP: $HOOD led the S&P 500 with a gain to $79.09, while $COIN climbed 5.7% and $MSTR added 3.8% as Bitcoin rose 1.7% to $74,400. The rally was supported by ten consecutive sessions of net positive spot Bitcoin ETF inflows and softer-than-expected PPI data, which eased interest rate concerns. Analysts at Bernstein projected $HOOD crypto volumes will triple by year-end 2026, while total transaction revenue across the peer group is tracking 40% above its three-year average, per Bloomberg Intelligence. The primary risk remains the fluidity of Middle East geopolitics, as any escalation would likely trigger an immediate reversal in these high-beta names. 💸

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Macro: Fed Vice Chair Barr Speaks (8:30 AM ET), Export Price Index (MoM) (Mar) (8:30 AM ET), Import Price Index (MoM) (Mar) (8:30 AM ET), Cushing Crude Oil Inventories (10:30 AM ET), FOMC Member Bowman Speaks (1:45 PM ET), +2 more. 📊

Pre-Market Earnings: $BAC Bank of America, $MS Morgan Stanley, $PNC PNC Financial Services. ☀️

After-Market Earnings: $KMI, $MAXN, $GPUS Hyperscale Data Inc., $ARAI Arrive AI Inc. 🌙

P.S. You can listen to all of these earnings calls on Stocktwits.

😎 Snap Taps Qualcomm for Next-Gen AI Glasses Ahead of Mass Launch

😨 Report: US Treasury wants to get a look at Anthropic’s Mythos model

🏠 Global turmoil helps bank traders set records while pressuring other businesses.

📺 US Says Six Ships U-Turned in First Day of Hormuz Blockade

👀 Fed nominee Warsh filings detail vast wealth, far exceeding past chairs

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