Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.8% year on year to $1.65 billion. Its GAAP profit of $0.04 per share was 44.3% below analysts’ consensus estimates.
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Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.8% year on year to $1.65 billion. Its GAAP profit of $0.04 per share was 44.3% below analysts’ consensus estimates.
The stock is still down on the year, despite its recent rebound.
The company’s revenue climbed 14% to $1.65 billion in the first quarter, boosted by growth in both riders and rides.
Biopharmaceutical company Gilead Sciences (NASDAQ:GILD) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 4.4% year on year to $6.96 billion. The company expects the full year’s revenue to be around $30.2 billion, close to analysts’ estimates. Its non-GAAP profit of $2.03 per share was 6.3% above analysts’ consensus estimates.
Agentic AI is driving heightened prospects for data storage provider Western Digital.
The best time to invest in a great consumer business is after the market overreacts negatively to temporary issues.
Cathie Wood has spent weeks trimming some of the market’s hottest winners. Advanced Micro Devices (AMD) kept climbing, and it was one of the several that Wood sold. In my previous coverage, Cathie Wood sold another $15.6M of the semiconductor stock after it gained 93% this year. Other artificial ...
Stocks (^GSPC, ^DJI, ^IXIC) are taking a breather after notching record highs yesterday, while the 30-year Treasury yield (^TYX) edges closer to 5%. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the key market moves investors should be watching.
Spotify Technology S.A. (NYSE:SPOT) has fallen more than 23% on a year-to-date basis, but the Street expects more than 33% upside from the current level. The company also ranks among our Best Stocks to Buy Before the Next Bull Run . Although 84% of the 44 analysts covering the stock maintain a Buy rating on […]
Uber Technologies, Inc. (NYSE:UBER) has declined more than 10% on a year-to-date basis, but the Street expects more than 41% upside from the current level. The company also ranks among our Best Stocks to Buy Before the Next Bull Run . Recently, on May 4, Bank of America Securities reiterated a Buy rating on Uber […]
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After an eventful month, May 11 will decide whether the hydrogen stock's rally will lose steam or gather momentum.
Datadog Inc (NASDAQ:DDOG) reported first quarter results that topped Wall Street expectations and raised its full-year guidance, prompting Wedbush to lift its price target on the cloud monitoring and analytics company to $220 from $190 while maintaining its 'Outperform' rating. Shares of...
International growth could make up for a lack of U.S. legalization progress
Ceres Power Holdings Plc (CRPHY) has delivered one of the most dramatic clean-energy rallies in the market this week, as investor optimism around fuel cell technology continues to build. The move has lifted Ceres' market value to about 1.2 billion, or $1.6 billion. The rally gained fresh momentum after US peer Bloom Energy (BE) raised its full-year outlook above expectations, while Goldman Sachs increased its price target on Ceres to a Street-high 670 pence.
Companies are rushing into hybrid debt as tight spreads and strong demand reshape balance-sheet strategy.
A focus on premium products and specialty drinks will keep the company relevant and growing.
AI and cloud demand fuel major growth
COCO, INDV and MPC stand out as momentum buys as investors apply Richard Driehaus' "buy high and sell higher" strategy.
Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”
Match topped revenue estimates as Tinder user declines moderated and Hinge delivered 28% direct revenue growth.
Markets went from record highs to red in a matter of hours. Here's what flipped the script on Thursday.
Sterling hit a record $806 after raising full-year profit and revenue guidance far above Wall Street expectations.
Wheat futures jumped roughly 15% in a single month, crude oil sits in the 98th percentile of its 12-month range, and the Consumer Price Index keeps grinding higher. Most equity portfolios carry no direct hedge against any of it. The three funds that offer the cleanest exposure to the agriculture side of that picture are ... Wheat Prices Soared 15% in a Month. Here’s How to Hedge With DBA, TAGS, and WEAT
Adidas gains performance momentum after London Marathon records, adding pressure to Nike ahead of the World Cup.
Meituan's venture arm led the round as Moonshot's annual recurring revenue topped $200 million in April.
Argus sees gap between stock and fundamentals
Novo now expects profit and sales declines of up to 12% this year, better than its earlier 13% forecast.
McDonald's topped revenue and earnings estimates, but warned weaker consumer sentiment could pressure second-quarter results.