News

Apple on Tuesday settled for $250 million a shareholder lawsuit ‌brought after the company delayed artificial-intelligence upgrades to ‌its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. ​federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference ‌in 2024, saying ⁠they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come ​until this ​year, and executives have ​now confirmed that the ‌new Siri features will be unveiled at Apple's annual developer conference next month.

Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.

Investing.com -- Arista Networks reported a 35% jump in first quarter revenue helped surging demand for AI networking equipment.

Ultragenyx (RARE) delivered earnings and revenue surprises of -18.96% and -15.66%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.

Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.

Videogame publisher Electronic Arts missed quarterly bookings estimates on Tuesday, weighed ‌down by a post-launch drop-off in ‌engagement for its "Battlefield" franchise and sluggishness in its mobile business. While "Battlefield 6" enjoyed a strong launch last year, the title has struggled with a slackening in player engagement, raising concerns about its ‌long-term live-service revenue ⁠potential. "Battlefield 6" has seen "significant attrition" in engagement with the "most-played" metrics on Xbox ⁠and PlayStation down from the third quarter, TD Cowen analysts said in a note last ​month.

Arista stock fell amid first quarter earnings and revenue that topped estimates while guidance met expectations.

Michael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin ‌prices that weighed on the value of its sizeable crypto ‌holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated ​by escalating Middle East tensions, has underscored the vulnerability of digital assets to broader risk aversion, with investors leaning towards safer options amid concerns over lofty AI valuations and uncertainty around U.S. Federal Reserve ‌policy. Though bitcoin prices have ⁠bounced back partially, the world's largest cryptocurrency has lost 7% in value in 2026.

Investing.com -- Lumentum Holdings Inc (NASDAQ:LITE) reported third quarter results that exceeded analyst expectations, yet shares fell 5.6% in after-hours trading Tuesday as investors focused on the company’s debt position and sustainability of margin gains.

Investing.com - Strategy Inc (NASDAQ:MSTR) reported a first-quarter loss of -$38.25 per share, significantly worse than the analyst estimate of -$18.98, as unrealized losses on its bitcoin holdings weighed on results. Revenue came in at $124.3 million, slightly below the consensus estimate of $125.07 million, though up 11.9% from $111.1 million in the same quarter last year.

First-quarter layoffs totaled 217,362, according to outplacement firm Challenger, Gray & Christmas, a level 56% lower than the January-to-March period last year. In the first quarter, private-sector layoffs were down 1%. Here’s how this year’s job cuts are stacking up.

Commercial miss and valuation weigh on reaction

Strategy (Nasdaq: MSTR), formerly MicroStrategy, is the world's largest Bitcoin (BTC) treasury company. Led by billionaire founder Michael Saylor, the company holds 818,334 Bitcoin worth $66.67 billion now. Though the company skipped buying any BTC last week, it is still the leading Bitcoin ...

HOG Q1 EPS misses as tariffs and incentives squeeze HDMC margins, even with retail sales up and 2026 guidance reaffirmed.

PayPal shares fell 8% Tuesday after the company's CEO said that he thinks PayPal is falling behind other financial services companies. Chief Executive Enrique Lores, who joined the company in March, said he wants to cut down on what he sees as unnecessary layers of the business to spend more on AI and becoming a technology leader.

All three major US stock indexes were up in late-morning trading Tuesday, as oil prices slid despite

PayPal (PYPL) said it was targeting at least $1.5 billion in cost cuts over the next few years, whil

POWL Q2 misses estimates as margins slip, but surging orders and a $1.8B backlog signal strong demand across key markets.

Ferrari (NYSE:RACE) reported first-quarter results that fell short of analyst expectations and issued full-year guidance below consensus, sending its shares slightly lower in U. S.

The narrative about the state of the labor market — whether it remains in stasis or is beginning to heat up — will be shaped this week by a series of data drops.

AMD (AMD) is set to report quarterly earnings on Tuesday after the closing bell. Yahoo Finance Markets and Data Editor Jared Blikre and Winthrop Capital chief investment officer Adam Coons chat with Yahoo Finance Senior Reporter Brooke DiPalma about their expectations.

AMD (AMD) is set to report quarterly earnings on Tuesday after the closing bell. Yahoo Finance Markets and Data Editor Jared Blikre and Winthrop Capital chief investment officer Adam Coons chat with Yahoo Finance Senior Reporter Brooke DiPalma about their expectations.

Job openings barely budged in March as the hiring rate reached its highest level in nearly two years, Labor Department data released Tuesday showed. But layoffs also crept higher.

PayPal Holdings (NASDAQ:PYPL) shares are tumbling roughly 10% in early trading Tuesday morning to about $45.50, after the company reported a Q1 2026 earnings beat alongside a soft Q2 outlook. The stock closed Monday at $50.39 before the report. The slide extends an already painful run. PYPL stock entered the earnings report down 13% year ... PayPal Tumbles 10% Despite Q1 Earnings Beat: Is the Venmo Spin-off Enough to Save the Stock?

European and US stocks advanced Tuesday as investors weighed first-quarter corporate earnings alongside uncertainty over the fragile US-Iran ceasefire. "First-quarter corporate earnings have largely been robust so far which has helped to sustain global equities despite the uncertain backdrop," said AJ Bell head of markets Dan Coatsworth.

IPG (IPGP) delivered earnings and revenue surprises of -10.49% and +3.85%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

The U.S. Army is pushing defense contractors to open up weapons’ software to new tools, including AI.

Shopify stock fell Tuesday after the e-commerce platform reported continued top-line growth but weak earnings in the first quarter. After including investment losses, Shopify swung to a loss of 45 cents a share in the quarter. Shopify stock fell 6.3% in premarket trading.

Ferrari beat analysts’ earnings targets and stuck with its full-year guidance on Tuesday, even though the war in the Middle East disrupted deliveries over the first quarter. Ferrari shipped 3,436 cars over the first quarter, down 157 from the same period a year ago. Shipments for Europe, the Middle East, and Africa fell by 243 from a year ago to 1,458.