---
title: "North American Morning Briefing: Stock Futures Drop as Higher Yields and Oil Rattle Investors -2-"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286547250.md"
description: "Stock futures are declining as higher yields and oil prices unsettle investors. In corporate news, various companies reported their first-quarter earnings, with Americas Gold missing revenue estimates and Diversified Royalty announcing an acquisition. Expected economic indicators include housing starts and manufacturing surveys. Earnings reports are anticipated from multiple firms, including ARS Pharmaceuticals and Bally's Corp."
datetime: "2026-05-15T10:25:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286547250.md)
  - [en](https://longbridge.com/en/news/286547250.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286547250.md)
---

# North American Morning Briefing: Stock Futures Drop as Higher Yields and Oil Rattle Investors -2-

Wall Street by and large laid low in its criticisms of Zohran Mamdani's first few months as New York City's mayor. While many loathed the "tax the rich" rhetoric that colored his campaign, there were brief glimmers that the democratic socialist could be less doctrinaire as mayor than they had feared: vowing to build hundreds of thousands of new residences, cutting red tape and even participating in photo-ops with President Trump.

But the detente didn't last.

Write to clare.kinloch@wsj.com

TODAY IN CANADA

Earnings:

Americas Gold

Information Services Corp

Economic Indicators (ET):

0815 Apr Housing Starts

0830 Mar Monthly Survey of Manufacturing

0830 Mar International transactions in securities

Stocks to Watch:

Africa Energy 1Q Operating Expenses $0.54M; 1Q Net Loss $0.52M; Reports 1Q Operating Expenses of $0.54 Million

Americas Gold and Silver 1Q Net Income $10M; 1Q Revenue $67.8M; FactSet Est. $70.6M; 1Q Revenue Misses Estimates

American Hotel Income Properties REIT 1Q FFO Per Share $0.03; 1Q EBITDA $5.1M; 1Q Hotel EBITDA $7.28M; 1Q Revenue $36.4M; 1Q FFO $1.98M; 1Q Revenue of $36.4 Million

Bonterra Energy 1Q Rev $66.4M

Denarius Metals 1Q Loss/Shr 11c; 1Q Loss $18.4M; 1Q Rev $3.53M

Diversified Royalty Announces Agreement To Acquire Mr. Lube + Tires Franchisor Business for C$235M; Board Maintaining Current C$0.285 a Share Annualized Dividend

Eastern Platinum 1Q Net Loss $4.1M; 1Q Mine Operating Income $0.7M; 1Q Revenue $13.8M; 1Q Operating Loss $3M; 1Q Revenue of $13.8 Million

Frontera Energy 1Q Rev $26.83M Vs. $25.14M; Adj Ebitda $28.5M Vs. $27.6M; 1Q Net Income From Continuing Ops $13.1M Vs. $11.8M\>FEC.T

Global Atomic: At-The-Market Equity Program Re-Established; Allowed to Issue Common Shares Having Aggregate Offering Price of Up to C$50M

Madison Pacific Properties 1Q EPS C$0.18

Olympia Financial Group 1Q Net Income CAD 3.38M; 1Q EPS CAD 2.32; 1Q Revenue CAD 22.1M; Reports 1Q Revenue of CAD 22.1 Million

POET Technologies 1Q Operating Cash Flow Loss $8.8M; 1Q Loss/Shr $0.08; FactSet Est. Loss $0.05 (1 Est.); 1Q Net Loss $12.3M; POET Technologies 1Q EPS Misses Estimates

Velan 4Q Loss/Shr 18c; 4Q Sales $84.9M; 4Q Gross Margin 20.7%; 4Q Gross Profit $17.6M; 4Q Sales $84.9M; 4Q Loss/Shr $0.18; 4Q Net Loss $3.85M; 4Q Sales of $84.9 Million

Expected Major Events for Friday

06:00/JPN: Apr Preliminary Machine Tool Orders

08:00/ITA: Apr CPI

12:15/CAN: Apr Housing Starts

12:30/US: May Empire State Manufacturing Survey

12:30/CAN: Mar Monthly Survey of Manufacturing

12:30/CAN: Mar International transactions in securities

13:00/RUS: Weekly International Reserves

13:15/US: Apr Industrial Production and Capacity Utilization

14:00/US: ISM Semiannual Supply Chain Planning Forecast

All times in GMT. Powered by Onclusive and Dow Jones.

Expected Earnings for Friday

ARS Pharmaceuticals Inc (SPRY) is expected to report $-0.49 for 1Q.

Abaxx Technologies Inc (ABXX.GR) is expected to report for 1Q.

AgEagle Aerial Systems Inc (UAVS) is expected to report for 1Q.

Arrive AI Inc (ARAI) is expected to report for 1Q.

Bally's Corp (BALY) is expected to report for 1Q.

Beam Global (BEEM) is expected to report $-0.21 for 1Q.

Canlan Ice Sports Corp (ICE.T) is expected to report for 1Q.

Cenntro Inc (CENN) is expected to report for 1Q.

Chaince Digital Holdings Inc (CD) is expected to report for 1Q.

ContextLogic Holdings Inc (LOGCD) is expected to report for 1Q.

DNA X Inc (SONM) is expected to report for 1Q.

Flexible Solutions International Inc (FSI) is expected to report $-0.05 for 1Q.

HLS Therapeutics Inc (HLS.T) is expected to report for 1Q.

Hyperscale Data Inc (GPUS) is expected to report for 1Q.

Immuneering Corp (IMRX) is expected to report for 1Q.

Jasper Therapeutics Inc (JSPR) is expected to report $-0.34 for 1Q.

Koil Energy Solutions Inc (KLNG) is expected to report for 1Q.

Lument Finance Trust Inc (LFT) is expected to report $0.01 for 1Q.

Mastech Digital Inc (MHH) is expected to report $0.02 for 1Q.

McCoy Global Inc (MCB.T) is expected to report for 1Q.

Noble Romans Inc (NROM) is expected to report for 4Q.

Northern Dynasty Minerals Ltd (NAK,NDM.T) is expected to report for 1Q.

Onex Corp (Canada) (ONEX.T) is expected to report for 1Q.

PrimeEnergy Resources Corp (PNRG) is expected to report for 1Q.

ProKidney Corp (PROK) is expected to report for 1Q.

RBC Bearings Inc (RBC) is expected to report $2.72 for 4Q.

Ravelin Properties REIT (RPR.UN.T) is expected to report for 1Q.

Skillz Inc (SKLZ) is expected to report for 1Q.

Smith-Midland Corp (SMID) is expected to report for 1Q.

Solana Co (HSDT) is expected to report for 1Q.

Spanish Broadcasting System Inc - Class A (SBSAA) is expected to report for 4Q.

Tofutti Brands Inc (TOFB) is expected to report for 1Q.

Tree Island Steel Ltd (TSL.T) is expected to report $0.00 for 1Q.

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ANALYST RATINGS ACTIONS

Amphastar Pharmaceuticals Cut to Equal-Weight From Overweight by Wells Fargo

AN2 Therapeutics Raised to Outperform From Market Perform by Leerink Partners

Assurant Raised to Overweight From Equal-Weight by Morgan Stanley

Camden Property Trust Cut to Sector Underperform From Sector Perform by Scotiabank

Cheesecake Factory Raised to Neutral From Underweight by JP Morgan

Commercial Metals Raised to Buy From Neutral by UBS

Compass Minerals Raised to Neutral From Underweight by JP Morgan

Doximity Cut to Equal-Weight From Overweight by Wells Fargo

Doximity Cut to Hold From Buy by Jefferies

Doximity Cut to Neutral From Buy by BTIG

Doximity Cut to Neutral From Outperform by Baird

Doximity Cut to Sector Weight From Overweight by Keybanc

Everpure Cut to Neutral From Buy by Citigroup

Mid-America Apartment Cut to Sector Underperform From Sector Perform by Scotiabank

NetApp Cut to Mixed From Positive by BWG Global

Prestige Consumer Hlthcr Cut to Perform From Outperform by Oppenheimer

SOLV Energy Cut to Neutral From Buy by UBS

Staar Surgical Raised to Outperform From Neutral by Wedbush

Starbucks Raised to Buy From Hold by TD Cowen

Tango Therapeutics Cut to Hold From Buy by Jefferies

Whirlpool Cut to Neutral From Buy by Goldman Sachs

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

May 15, 2026 06:13 ET (10:13 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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