Today is Monday, May 11, 2026.

The Early Bird Index today is 87.64.

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Saudi Aramco $ARMCO ( 0.0% ), the world’s largest oil company, reported strong financial earnings results on Sunday while the Strait of Hormuz is effectively blocked due to military actions.

Financials: Aramco reported income of $33.6 billion, a 25% increase in profit year-over-year.

Quote: “Our East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock and providing relief to customers affected by shipping constraints in the Strait of Hormuz.” - CEO Amin H. Nasser.

Early Bird’s Nest Egg Gains: Aramco’s East-West Pipeline gives it a bypass to keep crude moving to the Red Sea even when Hormuz is constrained, which protects sales, market share, and its reputation as a reliable supplier.

Final Thoughts: Aramco’s stock is up 14.82% in 2026.

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Notable Earnings Today: Hims & Hers Health (NYSE: HIMS), Circle Internet Group (NYSE: CRCL), Constellation Energy (Nasdaq: CEG), AST SpaceMobile (Nasdaq: ASTS), Barrick Mining (NYSE: B), Plug Power (Nasdaq: PLUG), Monday.com (Nasdaq: MNDY), Fox Corporation (Nasdaq: FOXA), Simon Properties (NYSE: SPG), Sally Beauty (NYSE: SBH), Dole plc (NYSE: DOLE), GoPro (Nasdaq: GPRO), Rigetti Computing (Nasdaq: RGTI), Mosaic (NYSE: MOS), MARA Holdings Inc. (Nasdaq: MARA), CleanSpark (Nasdaq: CLSK), FS KKR Capital (NYSE: FSK), Aecom Tech (NYSE: ACM), Amentum Holdings (NYSE: AMTM), Archer Aviation (NYSE: ACHR), Babcock & Wilcox Enterprises (NYSE: BW), Cadre Holdings (NYSE: CDRE), Certara (Nasdaq: CERT), Ceva (Nasdaq: CEVA), Cronos Group (Nasdaq: CRON), Exagen (Nasdaq: XGN), Figure Technology Solutions (Nasdaq: FIGR), Halozyme Therapeutics (Nasdaq: HALO), Harmonic (Nasdaq: HLIT), Helios Technologies (NYSE: HLIO), Liquidia Technologies (Nasdaq: LQDA), Microvast Holdings (Nasdaq: MVST), National Energy Services Reunited (Nasdaq: NESR), Novanta (Nasdaq: NOVT), Ovintiv (NYSE: OVV), Ramaco Resources (Nasdaq: METC), Seadrill Ltd (NYSE: SDRL), Steris (NYSE: STE), United Parks & Resorts Inc. (NYSE: PRKS), Uniti Group (Nasdaq: UNIT), Village Farms International (Nasdaq: VFF), WEBTOON Entertainment (Nasdaq: WBTN), ZoomInfo (Nasdaq: GTM).

Notable IPOs Today: Blue Water Acquisition Corp. IV (NYSE: BWIV), RoboStrategy, Inc. Common Stock (Nasdaq: BOT), Boost Run Inc. Class A Common Stock (Nasdaq: BRUN), Wise Group plc Class A Ordinary Shares (Nasdaq: WSE).

Notable Equity Crowdfunding Campaigns Ending Today: The Heat Vault (Crowdcube).

Notable Economic Events Today: Existing Home Sales (10:00 a.m. ET).

The price of Cardano $ADA ( ▲ 2.46% ) increased by 3% on Sunday and is up about 11% in the past week amid whale accumulation and improving crypto-wide sentiment.

Details: Bitcoin $BTC ( ▲ 0.39% ) staying strong above the key $80,000 area appears to have supported altcoins. Cardano is benefiting from a wider rotation into higher-beta crypto assets.

Powering the Story: Reports point to recent Cardano whale accumulation, which is when large holders buy more coins.

Final Thoughts: Cardano’s price is still down 14% in 2026.

The Wall Street Journal reported on Sunday that Apollo Global Management $APO ( ▲ 4.23% ) is in discussions to sell MidCap Financial Investment Corp., a publicly listed private credit fund known as a business-development company.

Final Thoughts: Apollo Global’s stock is down 9.15% this year.

The New Normal: With Netflix new ad-free standard plan at $20, streaming’s tipping point into old TV is getting closer (CNBC)

Staying Near $80K: Bitcoin holds $80K into weekly close as traders say BTC price dip not yet over (Cointelegraph)

Jerome’s Legacy: Jerome Powell Exits With Legacy as the Fed Chair Who Fought Back (Bloomberg)

Cruel Summer: Bank of America raises red flag on summer gas prices (The Street)

Fewer Stock Buybacks: Big Tech’s AI spending is depriving investors of juicy payouts (MarketWatch)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}