Investors are taking overnight clashes in stride.
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Investors are taking overnight clashes in stride.
Q1 represented another strong quarter for Lyft, Inc. We again delivered on our financial commitments and again had double-digit growth in active riders, gross bookings, and adjusted EBITDA year over year, further setting ourselves up for a global hybrid AV future. Taken together with our financial results, this continues to validate our thesis that customer obsession drives profitable growth.
Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion disclosed earlier this week, the CEOs of the two companies confirmed on Thursday. Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an equity investment earlier this week in Corning, whose glass is used in the fiber-optic cables that connect computers in massive data centers. "It's going to create thousands of jobs," Huang said.
Target keeps making moves to win back shoppers, and the latest one is especially bold and trend-following, as the retailer expands its social commerce presence. To regain customers’ trust, Target is giving shoppers more power. While the last few years have been challenging for many retailers, ...
Also on the call today is Aneesh Pendharkar, Senior Vice President, Finance and Corporate Development. Before we get started, I would like to remind everyone that during this call, we will be making forward-looking statements, which are predictions, projections, or other statements about future events. Actual results could differ materially from those contemplated by these forward-looking statements.
At Citigroup so much is new. Citigroup has succeeded under Chief Executive Jane Fraser in resetting the bar for itself. Citigroup today trades at a roughly 30% premium to tangible book value, recently hitting its highest level since 2008, according to FactSet data.
DraftKings (DKNG) delivered earnings and revenue surprises of -6.98% and +0.12%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Inseego (INSG) delivered earnings and revenue surprises of +60.00% and -0.47%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Lyft (LYFT) delivered earnings and revenue surprises of -29.22% and +1.82%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Globalstar (GSAT) delivered earnings and revenue surprises of -966.67% and -0.81%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Krispy Kreme announced earnings on Thursday, May 7, coinciding with the launch of its newest limited-time offering. It's a pivotal time for the doughnut brand, which saw its stock price free-fall in early 2025 after poor earnings and shifting customer trends. Krispy Kreme operated 235 of its ...
In attendance with me today are Steve Sanghi, Microchip’s President and CEO; Richard J. Other than net sales, I will be referring to these results on a non-GAAP basis which is based on expenses prior to the effects of acquisition activities, share-based compensation and certain other adjustments as described in the earnings press release, and in the reconciliations on our website.
Matthew Prince: Thank you, Phil. A Fortune 100 technology company expanded their relationship with Cloudflare, Inc., signing a two-year $8 million contract for our privacy proxy solution, the fifth privacy engagement with this customer, solidifying Cloudflare, Inc. as their go-to privacy partner.
Market Domination Overtime Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, May 7, including April jobs report, May consumer sentiment, and Enbridge (ENB) earnings.
↘️ Airbnb (ABNB): The short-term rental company raised its full-year outlook, as strong global travel demand helped offset an influx in cancellations around the Iran war. The stock slipped about 1.7% afterhours.
Actual results could differ materially from those suggested by our forward-looking statements. Please refer to our filings with the SEC for a detailed discussion of the risks and uncertainties that could affect our business and for a discussion of the statements that qualify as forward-looking statements. Also note that the forward-looking statements on this call are based on information available to us as of today's date.
Thompson will give an overview of Applied Optoelectronics, Inc.’s Q1 results, and Stefan will provide financial details and the outlook for 2026. Before we begin, I would like to remind you to review Applied Optoelectronics, Inc.’s Safe Harbor statement. On today's call, management will make forward-looking statements.
Guidance upgrades are generally among the most bullish announcements a company can make, signaling that the outlook is even better than previously expected.
Akamai Technologies (NASDAQ:AKAM) opened 2026 with first-quarter results that highlighted faster growth in cloud infrastructure services and continued demand for its security portfolio, alongside a major new long-term customer commitment tied to AI infrastructure. Landmark cloud deal underscores AI
Affirm (NASDAQ:AFRM) executives told investors on the company’s fiscal third-quarter 2026 earnings call that they are seeing stable credit performance and an unusually supportive funding environment, while continuing to push product initiatives such as the Affirm Card, app-based shopping features, a
Axcelis Technologies (NASDAQ:ACLS) reported first-quarter 2026 results that came in “slightly above our expectations,” according to President and CEO Russell Low, as the company pointed to strength in its customer support and installed base business and a meaningful uptick in memory demand. The com
Airbnb (NASDAQ:ABNB) executives said the company started 2026 with momentum across demand, product improvements, and international expansion, while acknowledging an approximate 100 basis point headwind to nights and seats booked from conflict in the Middle East. First-quarter results and demand tre
Applied Optoelectronics (NASDAQ:AAOI) reported first-quarter 2026 results that management said were in line with expectations, citing “robust demand” across its data center and CATV businesses and continued progress expanding manufacturing capacity. Founder, Chairman and CEO Dr. Thompson Lin said th
Scott H. Keeney: Q1 represented an exceptional quarter for nLIGHT, Inc. with total revenue, gross margin, and adjusted EBITDA comfortably beating our expectations. Product gross margins were a record 44%, an increase from 33% in the same quarter a year ago, and our adjusted EBITDA was a record $14 million in the quarter. The expansion in our gross margins and the record adjusted EBITDA demonstrate the leverage that is inherent in our model and reinforces our commitment to growing the business profitably.
Most of us learned to size up companies the same way. Revenue, earnings, the line on a chart that goes up and to the right. That mental shortcut has served retail investors fine for a generation. It just stopped working. The biggest piece of the U.S. stock market is now a single chipmaker whose ...
SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and fund purchases of pricey manufacturing tools as they rush to secure memory chips, people familiar with the matter said. The offers, unprecedented in the global memory chip industry, underscore the severity of the component's scarcity around the world, as chipmakers struggle to keep pace with surging demand amid an artificial intelligence boom. Memory chips are critical parts in AI data centers, smartphones, PCs and other areas. The firm's customers have been proposing a range of offers to the South Korean chipmaker, including investing in dedicated memory production lines, six people said.
Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelligence demand. The tie-up, announced on Thursday, underscores the hunger for computing power amid surging adoption of AI, as frontier model developers and Big Tech firms funnel billions to secure capacity. • Shares of IREN were up around 9% in extended trading.
While the top- and bottom-line numbers for Rocket Companies (RKT) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The number of new addresses appearing on the XRP network has dropped from 18,000 a day in December to 2,700 a day on May 7, as per Glassnode data. The figure hitting an 18-month low represents a decline of 85% during the period. Monthly active XRP supply has also sunk from 7.45 ...