{"id":61335,"date":"2026-04-27T16:38:18","date_gmt":"2026-04-27T20:38:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/"},"modified":"2026-04-27T16:38:18","modified_gmt":"2026-04-27T20:38:18","slug":"sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/","title":{"rendered":"S&#038;P 500 Nears Record Monthly Gain as Nvidia Shuffles Leadership and Oracle Unveils 2.45 GW Energy Project"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Markets_Hold_Near_Record_Highs\" >Markets Hold Near Record Highs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Nvidia_Announces_Executive_Transition\" >Nvidia Announces Executive Transition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Geopolitical_Tensions_and_Sanctions_Risk\" >Geopolitical Tensions and Sanctions Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Oracles_Massive_Clean_Energy_Push\" >Oracle\u2019s Massive Clean Energy Push<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Corporate_Earnings_Highlights\" >Corporate Earnings Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/sp-500-nears-record-monthly-gain-as-nvidia-shuffles-leadership-and-oracle-unveils-2-45-gw-energy-project\/61335\/#Defense_and_Industrial_Updates\" >Defense and Industrial Updates<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/SPY\">SPY<\/a>) is on track for its best monthly performance since 2020<\/strong>, closing at <strong>7,173.98<\/strong> as investors anticipate upcoming Big Tech earnings reports.<\/li>\n<li><strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) announced a leadership transition<\/strong>, naming <strong>Scott Gawel<\/strong> as VP and Chief Accounting Officer effective May 4, 2026, succeeding <strong>Donald Robertson<\/strong>.<\/li>\n<li><strong>Treasury Secretary Scott Bessent<\/strong> warned that companies cooperating with <strong>Iranian airlines<\/strong> will be exposed to <strong>U.S. sanctions<\/strong>, amid rising geopolitical tensions.<\/li>\n<li><strong>Oracle (<a href=\"\/stock\/ORCL\">ORCL<\/a>) partnered with Bloom Energy (<a href=\"\/stock\/BE\">BE<\/a>)<\/strong> for &quot;Project Jupiter,&quot; a massive infrastructure play utilizing <strong>2.45 GW<\/strong> of fuel cell capacity to power cleaner data center operations.<\/li>\n<li><strong>Bed Bath &amp; Beyond (<a href=\"\/stock\/BBBY\">BBBY<\/a>) beat Q1 revenue expectations<\/strong> with <strong>$248 million<\/strong> in sales, citing stronger customer conversion and improved average order values.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Markets_Hold_Near_Record_Highs\"><\/span>Markets Hold Near Record Highs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>U.S. stocks remained resilient on Monday as the <strong>S&amp;P 500 (<a href=\"\/stock\/SPY\">SPY<\/a>)<\/strong> gained <strong>0.12%<\/strong> to close at <strong>7,173.98<\/strong>. The index is currently pacing for its <strong>strongest monthly gain in six years<\/strong>, bolstered by investor optimism ahead of a heavy week for technology earnings. The <strong>Nasdaq Composite (<a href=\"\/stock\/QQQ\">QQQ<\/a>)<\/strong> rose <strong>0.20%<\/strong> to <strong>24,887.10<\/strong>, while the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/DIA\">DIA<\/a>)<\/strong> bucked the trend, slipping <strong>0.13%<\/strong> to finish at <strong>49,168.22<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidia_Announces_Executive_Transition\"><\/span>Nvidia Announces Executive Transition<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) disclosed in an SEC filing that <strong>Donald Robertson<\/strong> will step down as VP and Chief Accounting Officer on May 4, 2026. <strong>Scott Gawel<\/strong> has been appointed to take over the role, while Robertson will remain with the company as VP of Finance until July 1 to ensure a smooth transition. <em>Investors typically watch CAO transitions closely for signs of shifts in internal financial controls or reporting standards.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_and_Sanctions_Risk\"><\/span>Geopolitical Tensions and Sanctions Risk<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Treasury Secretary <strong>Scott Bessent<\/strong> told the <em>Wall Street Journal<\/em> that the U.S. is prepared to impose <strong>sanctions<\/strong> on any entities found dealing with <strong>Iranian airlines<\/strong>. This warning comes as <strong>President Trump<\/strong> reportedly reviewed a new Iran proposal with national security aides. <em>The geopolitical climate remains volatile<\/em> as Iran\u2019s Supreme National Security Council reportedly met to discuss concerns over potential public protests and economic instability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Oracles_Massive_Clean_Energy_Push\"><\/span>Oracle\u2019s Massive Clean Energy Push<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oracle (<a href=\"\/stock\/ORCL\">ORCL<\/a>) has unveiled &quot;Project Jupiter,&quot; a collaboration with <strong>Borderplex<\/strong> and Bloom Energy (<a href=\"\/stock\/BE\">BE<\/a>). The initiative will utilize up to <strong>2.45 GW<\/strong> of Bloom\u2019s fuel cell technology, with Oracle committing to cover all energy costs. The project is expected to generate <strong>4,000 construction jobs<\/strong> and <strong>1,500 ongoing positions<\/strong>, signaling a major expansion in Oracle&#39;s infrastructure footprint.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Earnings_Highlights\"><\/span>Corporate Earnings Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bed Bath &amp; Beyond (<a href=\"\/stock\/BBBY\">BBBY<\/a>) reported Q1 revenue of <strong>$248 million<\/strong>, surpassing the IBES estimate of <strong>$240.1 million<\/strong>. While the company posted an adjusted loss of <strong>25 cents per share<\/strong>, management highlighted <strong>stronger engagement<\/strong> and improvements in average order value. Separately, Cincinnati Financial (<a href=\"\/stock\/CINF\">CINF<\/a>) posted a solid first quarter with <strong>$2.86 billion<\/strong> in revenue and an EPS of <strong>$1.75<\/strong>, beating analyst projections.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Defense_and_Industrial_Updates\"><\/span>Defense and Industrial Updates<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>) announced that its subsidiaries, <strong>Sikorsky and Robinson Unmanned<\/strong>, were awarded a <strong>$15.5 million<\/strong> U.S. Marine Corps contract. The deal focuses on the <strong>Medium Aerial Resupply Vehicle Increment 2<\/strong> program for autonomous logistics. In the industrial sector, the <strong>American Iron and Steel Institute<\/strong> reported that U.S. steel capacity utilization stood at <strong>79.3%<\/strong> for the week ending April 25.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The S&amp;P 500 (SPY) is on track for its best monthly performance since 2020, closing at 7,173.98 as 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