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Stock impact report

Rattled Bulls Look to Strong Earnings Outlooks as Market Wobbles [Yahoo! Finance Canada]

Horizon Bancorp, Inc. (HBNC) 
Last horizon bancorp, inc. earnings: 4/29 05:30 pm Check Earnings Report
So far unblemished, though, is the support from Corporate America's profit foundation. Artificial intelligence euphoria is facing its first prolonged test, as investors look askance at massive borrowing to fund the technology's buildout. The labor market still looks shaky, going by private data and a spate of layoffs. Federal Reserve officials are signaling they might not cut again this year as the threat to inflation from tariffs persists. Most Read from Bloomberg Those worries combined to send the S&P 500 Index to a nearly 1.7% drop Thursday, the third drop of at least 1% in eight sessions. Other risk assets suffered, with Bitcoin falling back below $100,000 and small caps plunging 2.8%. For bulls, the wobbly market has put more emphasis on profits, and as another reporting season enters its final stretch, this much is clear: executives are expressing optimism for future earnings despite the bevy of uncertainties. Fresh off profit growth of 15% in the third quarter, profit g Show less Read more
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