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Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
The connectivity company beat first-quarter revenue and earnings estimates but said AI tools have made 1,100 roles unnecessary
News (NASDAQ:NWS) reported fiscal third-quarter 2026 results that Chief Executive Robert Thomson described as the company’s “12th straight quarter of profitability growth on a continuing operations basis,” citing higher revenue, expanding margins and profit gains across several core businesses. For
Nexstar Media Group (NASDAQ:NXST) reported first-quarter 2026 results that included 13 days of financial contribution from its newly acquired TEGNA assets, while management also detailed the unusual post-close legal and operational constraints now surrounding the transaction. TEGNA acquisition clos
Insight Enterprises (NASDAQ:NSIT) reported first-quarter 2026 results that management said exceeded internal expectations, driven by double-digit gross profit growth and continued expansion in cloud and services. The company also outlined a shift in capital allocation priorities under new Chief Exec
NN (NASDAQ:NNBR) reported higher first-quarter 2026 sales and profitability and raised its full-year outlook, with executives pointing to an improving sales mix, strength in electrical grid and data center end markets, and benefits from multi-year cost-out actions. First-quarter results show sales
Elizabeth Schwartz will head up government relations at the for-profit hospital trade association as health systems brace for federal funding cuts.
Proact IT Group AB (LTS:0GT3) reports a robust quarter with significant EBITDA growth, despite facing delivery delays and sector-specific challenges.
📈 Follow our live markets data and coverage. Hold on a minute, didn’t they change their name to “Strategy?” Sorry, we were looking at a table of stock performance ending in March 2000, not today. As Jonathan Krinsky and his team at BTIG point out, many of today’s marquee companies also were top performers back then.
May 8 (Reuters) - U.S. stock index futures rose on Friday as a recovery in chipmakers helped offset worries about renewed U.S.-Iran tensions, while investors looked ahead to a crucial employment
(Bloomberg) -- Crypto exchange Coinbase Global Inc. said trading services had resumed after a significant outage left customers unable to transact on its platform for almost seven hours on Friday, rounding off a difficult week at the company.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supr
Eli Lilly and Company's ( NYSE:LLY ) stock was strong after they recently reported robust earnings. We did some...
Cloudflare Inc. (NYSE:NET) reported first-quarter results that exceeded Wall Street expectations and lifted its full-year guidance, but the company’s shares dropped sharply after management announced major workforce reductions and investors reacted to slower revenue momentum.
CoreWeave (NASDAQ:CRWV) reported mixed first-quarter results on Thursday as surging demand for artificial intelligence infrastructure drove strong revenue growth, although losses widened significantly due to aggressive expansion spending. The company also increased its capital expenditure outlook for the year, while issuing second-quarter revenue guidance that came in below Wall Street expectations.
MACOM Technology Solutions (NASDAQ:MTSI) reported fiscal second-quarter 2026 revenue of $289 million and adjusted earnings per diluted share of $1.09, supported by what management described as strong demand across its three end markets and a record backlog. President and CEO Steve Daly said sequent
Taiwan Semiconductor Manufacturing Co and Sony Semiconductor Solutions said on Friday they plan to form a new joint venture in Japan to develop and manufacture next-generation image sensors. The venture will combine Sony’s sensor design expertise with TSMC’s manufacturing and process technology strengths, deepening a long-standing partnership of the two companies. It will be majority-owned by Sony, and will set up development and production lines in the Japanese company's new fabrication plant in Koshi City in the Kumamoto region.
Citigroup CEO Jane Fraser has cleaned up some big problems, like a tangled web of risk-management systems and a complex global reporting structure. Many of its businesses have new names and leaders. But when it comes to making money, the bank still has room to catch up to rivals.
MKS (NASDAQ:MKSI) reported first-quarter fiscal 2026 results that came in at the high end or above management’s guidance, supported by stronger demand across its semiconductor and electronics and packaging end markets. On the company’s earnings call, President and CEO John Lee said the year is “off
Monster Beverage (NASDAQ:MNST) reported what CEO Hilton Schlosberg called “another quarter of strong financial results and cash generation,” highlighted by fiscal first-quarter net sales topping $2 billion for the first time in company history. Net sales rose 26.9% year over year to $2.35 billion, w
Samsung Electronics' union said on Friday it will enter a mediation process with the company on May 11 and 12 over a wage dispute that has threatened to escalate into a full-blown strike at the company. Negotiators from the union, management and the government met on Friday, with Labour Ministry officials pledging "full support" for talks between the two sides, the union said. Shares of Samsung Electronics jumped 2.6% in after-hours trading in Seoul.
(Bloomberg) -- A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers, according to people familiar with the matter.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almos
Stocks were on course to rise to close out the week, with Wall Street seemingly more focused on the looming April jobs report than an exchange of fire between the U.S. and Iran. S&P 500 futures added 0.3% and contracts tied to the tech-heavy Nasdaq 100 gained 0.5%. Friday’s nonfarm payrolls report could have a bigger bearing on the market than events in the Middle East.
A good business doesn't always make a good stock.
MercadoLibre (NASDAQ:MELI) opened 2026 with what executives repeatedly characterized as an investment-led quarter, highlighting accelerating growth in both commerce and fintech while acknowledging margin pressure tied to a deliberate push to scale key initiatives. During the company’s earnings call
Microchip Technology (NASDAQ:MCHP) reported March-quarter results that exceeded its prior guidance and pointed to continued momentum heading into the June quarter, as management said demand is improving across end markets and distributor inventory appears to have normalized. Quarterly and full-year
Lyft (NASDAQ:LYFT) executives used the company’s first-quarter 2026 earnings call to highlight what CEO David Risher described as “another strong quarter,” pointing to double-digit year-over-year gains in active riders, gross bookings and adjusted EBITDA. Risher said rideshare demand “remained healt
Lexicon Pharmaceuticals (NASDAQ:LXRX) executives highlighted progress across late-stage regulatory programs and efforts to bolster the company’s financial position during the company’s first-quarter 2026 earnings call on May 7. Chief Executive Officer Mike Exton said the company entered 2026 with o
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fueled pace of growth.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Ope
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