--- title: "Wall Street braces for earnings wave and key inflation data" type: "News" locale: "en" url: "https://longbridge.com/en/news/286125298.md" description: "Wall Street is preparing for a significant earnings wave with Ecopetrol, Astronics, Karman Holdings, and GrowGeneration set to report Q1 results today. Mixed expectations surround these earnings. Additionally, April's CPI is projected to rise to 3.56%, influencing Fed policy towards a neutral or tightening stance due to inflationary pressures from tariffs and conflict. Brokerages have increased their 2026 S&P 500 targets, citing strong earnings and AI growth, but caution about risks from high oil prices and narrow market breadth." datetime: "2026-05-12T15:21:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286125298.md) - [en](https://longbridge.com/en/news/286125298.md) - [zh-HK](https://longbridge.com/zh-HK/news/286125298.md) --- # Wall Street braces for earnings wave and key inflation data Earnings lineup today: Ecopetrol, Astronics, Karman Holdings, and GrowGeneration are set to release Q1 results after the market close, with mixed expectations on beats. Inflation in focus: April CPI is expected to rise to 3.56%, with Fed policy potentially shifting toward neutral or tightening amid tariff and war-driven price pressures. S&P 500 outlook: Brokerages have raised 2026 targets on strong earnings and AI growth, but warn that high oil prices and narrow market breadth pose risks. ### Related Stocks - [ATRO.US](https://longbridge.com/en/quote/ATRO.US.md) - [GRWG.US](https://longbridge.com/en/quote/GRWG.US.md) - [EC.US](https://longbridge.com/en/quote/EC.US.md) - [KRMN.US](https://longbridge.com/en/quote/KRMN.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) ## Related News & Research - [Karman: Defense Darling's Outlook Strengthens After 40% Drop](https://longbridge.com/en/news/286568703.md) - [Colombia gives environmental OK to exploratory stage of geothermal project](https://longbridge.com/en/news/287088952.md) - [Google's latest AI flex came with Silicon Valley's new favorite word](https://longbridge.com/en/news/286951990.md) - [Is AI a bubble? It’s starting to get soapy](https://longbridge.com/en/news/286937439.md) - [Markets close mixed as inflation data fuels rate hike talk](https://longbridge.com/en/news/286655501.md)