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The unemployment rate was unchanged at 4.3%. Nike will reduce its workforce by roughly 1,400 workers, or about 2%, mostly in its tech department, as it simplifies global operations. Inflation and economic uncertainty linked to the Iran conflict is giving some chief executives and tech leaders reason to pull back or pause their IT hiring, said Janco Chief Executive Victor Janulaitis.
Here's how an early entry in the Russell 2000 and a ramp up in exposure gave us a winning trade.
Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. Other former Google workers also joined the suit, which later received class action status.
Strategy is evolving into a leveraged Bitcoin play layered with rising income features, leaving investors to weigh extreme volatility against Wall Street’s 'Strong Buy' consensus.
The payments company posted strong adjusted earnings following a dramatic downsizing, which management attributed to the influence of artificial intelligence.
(Bloomberg) -- US gasoline prices have a legitimate chance of rising to $5 a gallon as refiners prioritize jet-fuel production at the expense of other products, according to analysts at JPMorgan Chase & Co.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s
You know that feeling when you've been backing a friend's idea for months, and then suddenly the whole room starts paying attention? That's roughly where Morgan Stanley finds itself with Advanced Micro Devices (AMD). For the better part of six months, the firm had been quietly bullish on AMD's ...
Fluor (FLR) reported weaker-than-expected first-quarter results on Friday while the engineering and
Cloudflare (NYSE:NET) reported first-quarter 2026 results on May 7, beating analyst expectations for both revenue and earnings, but shares fell sharply after the company issued softer near-term guidance and announced a significant restructuring tied to an AI-focused operating model...
EMBJ misses Q1 earnings estimates, but revenues jump 31% year over year as jet deliveries and backlog showed strong growth.
Fluor Corporation (NYSE:FLR) shares dropped 5. 05% in premarket trading on Friday after the engineering and construction company reported weaker-than-expected first-quarter results and tightened its full-year outlook.
Cloudfare issued a Q2 sales forecast on Thursday that fell short of analyst expectations and said it would slash roughly 1,100 jobs, or about a fifth of its workforce, as it adopts artificial intelligence tools in its operating model.
Tapestry beats Q3 earnings estimates and raises FY26 guidance. But shares fall 12% on tariff concerns and Kate Spade weakness.
Shares of The Trade Desk (NASDAQ:TTD) are down roughly 13% to $20.41 in early Friday trading after the company posted a Q1 2026 earnings miss and issued a softer Q2 2026 outlook than the Street had hoped to see. The stock closed Thursday at $23.49, already down 38% year to date (YTD) heading into the ... Trade Desk Tumbles 13%, AppLovin Holds Gains as Ad-Tech Q1 Earnings Split Wall Street
CoreWeave shares sink as forecast dissapoints.
EU regulators said Google's current proposal does not fully address Digital Markets Act concerns.
Lyft revenues rise 13.8% in Q1 as gross bookings climb 19%, though earnings miss estimates and cash balances decline.
The Japanese entertainment and electronics company has spent billions of dollars on acquisitions in recent years to beef up its entertainment content.
The AI cloud company topped first-quarter revenue estimates but its second-quarter outlook trailed Wall Street expectations, and it raised the low end of its 2026 capital spending forecast
Enbridge (ENB.TO)'s earnings declined year over year in the first quarter, the company said Friday,
The company says it remains “the nation’s largest distributed power plant operator,” with about 4.3 GWh of networked storage capacity as of March 31 — a 50% increase year over year. It aims to have 10 GWh of dispatchable capacity by the end of 2028.
EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a solution that really addresses the concerns that were raised in the case and in the preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The Commission, which acts as the EU competition enforcer, has charged Google with breaching the Digital Markets Act, which aims to rein in the power of Big Tech, and is in the midst of finalising its decision that could include a fine against Google.
Preliminary settlement papers filed in Manhattan federal court show the proposed agreement is still subject to approval by Judge Arun Subramanian.
(Updates to include restructuring details and the latest stock price movement.) Cloudflare (NET)
Oil prices continued their slide on investor optimism about diplomacy between the U.S. and Iran. U.S. officials said the Trump administration is looking to resume guiding commercial ships through the Strait of Hormuz with naval and air support.
Q1 earnings trigger fresh questions for Trade Desk (TTD) Trade Desk (TTD) reported first quarter 2026 results with sales of US$688.86 million and net income of US$40 million, while issuing guidance below market expectations for the next quarter. The mix of revenue growth, lower earnings per share versus a year earlier and softer forward guidance, together with new partnerships and data oversight scrutiny, gives investors several factors to consider with this stock. See our latest analysis for...
If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...
Dropbox (DBX) delivered earnings and revenue surprises of +7.04% and +1.61%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- Motorola Solutions Inc (NYSE:MSI) reported first-quarter results that exceeded analyst expectations, but shares fell 2.1% in after-hours trading Thursday as investors appeared underwhelmed by the company's second-quarter earnings outlook.
Investing.com -- MercadoLibre Inc (NASDAQ:MELI) reported first quarter results that missed earnings expectations despite strong revenue growth, sending shares down 7.2% in after-hours trading Thursday.