The market flew higher Tuesday. It was the final day of the month and first quarter, and the green final day barely makes up for the 5% drop in the S&P 500 this month. But war talk looked peaceful, and equities loved it.

It feels like nearly every part of the market climbed today, right around noon when the president of Iran said they were ready to end the war, if their requirements were met. On the U.S. side, Trump said other allied nations should take control of the strait, ‘Get your own oil!’ on Truth Social, a sign the market took that he is frustrated and ready to TACO out of there.

Sure enough, speaking from the Oval Office after the bell, Trump said the U.S. doesn’t need a deal to leave the conflict, and is hoping to get out of there in two-three weeks.

Tech led the way on the rebound, with help from a new Nvidia stake purchase in a semi tech company. Arm, On Semi, SanDisk flew in the memory and data center world. The discretionary sector was up 3%. American, Delta, and airlines were flying higher, Carnival Cruise was floating up on the idea there won’t be missiles flying across the Middle East.

Energy was red as red can be, after a 37% jump so far this year, after the peace hopes sent oil and gas into a sell-off. Oil fell to near $100-barrel, which is lower, but not nothing.

Nike's Margin Pressure Mounts: The athletic apparel giant delivered a mixed fiscal third-quarter report, sending $NKE down 9% in the post market as soft sales overshadowed modest headline beats on the top and bottom lines.

The RIP: $0.35 EPS vs. $0.29 estimate. $11.28B revenue vs. $11.27B consensus. Sales in China fell 20%. The brand is trying to turn things around under CEO Elliott Hill.

“The work is not finished, but the direction is clear, our teams are moving with focus and urgency, and our foundation is getting even stronger to build the future of NIKE,” Hill said.

While wholesale channels showed surprising resilience with a 5% gain, higher North American tariffs severely squeezed gross margins down to 40.2%. A 4% drop in NIKE Direct revenues highlights sluggish digital and store traffic, suggesting the brand is still struggling to reignite core consumer demand. 👟

Beyond Meat's Volume Collapse: The plant-based protein pioneer continued its downward trajectory, with $BYND falling 13% after weak category demand drove a sharp decline in total products sold across key markets.

The RIP: -$0.29 EPS. $61.60M revenue vs. $63M consensus. With gross profit plunging nearly 86% year-over-year, what else can you say. 🍔

RH Slashed on Guidance: The luxury home furnishings retailer suffered a severe post-market selloff, with $RH tanking 19% following a drastic double miss and a bleak revenue outlook for the upcoming fiscal year.

The RIP: $1.53 adjusted EPS vs. $2.22 estimate. $842.60M revenue vs. $873.30M consensus.

Forward revenue guidance of $3.58B to $3.72B significantly lagged Wall Street expectations, signaling that elevated interest rates and a stagnant housing market will continue to brutally suppress high-end discretionary consumer spending. 🛋️

Omeros's Massive Milestone Validation: The commercial-stage biotech stunned Wall Street, sending $OMER surging 6% after recording substantial net income driven entirely by the upfront capitalization of its blockbuster Novo Nordisk partnership.

The RIP: $3.14 adjusted EPS vs. -$0.58 estimate. $0.00M revenue vs. $0.00M consensus. 🧬

Learn why leveraged and inverse fund volume surged 131% in five years. Direxion partnered with Compound Insights and Vanda to explore what’s driving this evolution — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Leveraged and inverse trading has become a defining feature of today’s active market landscape. In an environment shaped by rapid headlines, policy shifts, earnings volatility, and macro uncertainty, traders are increasingly turning to these tools to express conviction and respond to fast-moving opportunities.

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

OpenAI's Historic Funding Haul: The artificial intelligence juggernaut finalized its record-breaking private funding round, securing $122B in committed capital at a staggering $852B post-money valuation.

For the first time, the company opened its doors to individual investors through traditional banking channels, successfully pulling in $3B from retail participants eager for early access. This unprecedented capital raise not only fortifies OpenAI's massive compute war chest against well-funded hyperscaler rivals but also sets the stage for what could be the most highly anticipated initial public offering of the decade. Of course, besides SpaceX. 🤖

Nvidia's Massive Marvell Bet: Shares of $MRVL ( ▲ 12.8% ) skyrocketed after Nvidia announced a $2B strategic investment to absorb the firm into its rapidly expanding artificial intelligence ecosystem.

The massive capital infusion will accelerate joint development in silicon photonics, telecommunications infrastructure, and custom ASIC designs, directly targeting the insatiable compute demands, according to a Nvidia press release. By locking in a direct pipeline to the industry's heaviest hitter, Marvell embodies the old maxim: if you can’t beat em, join em. 🧠

McCormick's Condiment Consolidation: The Maryland-based spice giant plunged, with $MKC ( ▼ 6.11% ) and $UL ( ▼ 5.02% ) fell after the two unveiled a massive $65B deal combining their food divisions. Investors seem cautious when it comes to big mergers, after the Kraft Heinz or Keurig Dr. Pepper combinations.

Investors immediately soured on the sheer scale and integration risks of absorbing legacy brands like Hellmann's and Knorr. As Unilever pivots toward high-margin beauty, McCormick's ability to execute this transformative synergy roadmap and manage its expanded portfolio will dictate whether this new flavor powerhouse can justify the premium price tag. 🥫

Allbirds, the wool sneaker that became the unofficial footwear of tech workers who wanted to signal they were too cool for dress shoes, agreed Monday to sell every asset it owns for $39M, roughly one-tenth of what it raised in its IPO alone and less than one percent of the $4B valuation investors handed it on its first day of trading in 2021. The stock was down nearly 30% earlier in the day before world peace sent it a little higher.

“4 billion to 39 million in just 5 years? You only see those types of returns in this subreddit,” said a user said on r/WallStreetBets.

The RIP: Sale price $39M to American Exchange Group; IPO raised $348M in 2021 at peak valuation above $4B; shares closed Monday at $2.98 with a market cap of $24.5M, meaning the sale price was actually a +60% premium to where the stock already was; deal requires shareholder approval and closes in Q2 with proceeds distributed in Q3.

Co-founder Tim Brown later admitted the rapid expansion into physical retail, leggings, jackets, and performance running shoes had cost the company "some of our DNA.”

Competitor $ONON ( ▲ 6.71% ) is also feeling that heat, down nearly 30% this month on a lack of hard consumer demand for real specific looking shoes. American Exchange Group, the buyer, is an 18-year-old brand management firm that also owns Aerosoles and Jonathan Adler, which is where brands go for retirement. For retail investors who held $BIRD from the IPO all the way down, the third quarter distribution check will be the final chapter of one of the more spectacular destructions of shareholder value in recent memory. 🐦

Macro: ADP Nonfarm Employment Change (Mar) (8:15 AM ET), Core Retail Sales (MoM) (Feb) (8:30 AM ET), Fed Vice Chair for Supervision Barr Speaks (9:10 AM ET), S&P Global Manufacturing PMI (Mar) (9:45 AM ET), ISM Manufacturing Employment (Mar) (10:00 AM ET), +5 more. 📊

Pre-Market Earnings: $TLRY, $KSCP Knightscope Inc - Ordinary Shares - Class A, $CAG Conagra Brands, $NG Novagold Resources Inc, $CALM Cal Maine Foods Inc. ☀️

After-Market Earnings: $MAXN, $CENN Cenntro Electric Group Limited, $FAAS DigiAsia Corp, $USEG U.S. Energy Corp., $SES SES AI Corporation - Ordinary Shares - Class A, +3 more. 🌙

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

📈Spring into action and make smarter investments with IBD Digital—now just $1/week*

😨 A tumultuous quarter just ended. Here are the highlights, lowlights, and everything else.

🏠 Federal judge orders halt to Trump White House ballroom project; DOJ appeals decision

💰 Oil plunges, stocks soar after Iranian president offers first signs of willingness to end war with US

📺 Democrats and voting rights advocates vow to fight Trump’s latest order: ‘massive and unconstitutional suppression effort’

👀 Buffett Says He Sold Apple Shares Too Soon, But Does Not Regret It: Report

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

Want to see some change? Email Kevin Travers feedback, follow him on Stocktwits.

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The content is to be used for informational and entertainment purposes only and the service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which content is published on the service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍
Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋