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European supermarket retailer Ahold Delhaize reported first-quarter core profit above market expectations on Wednesday. The group, which operates supermarket chains including Stop & Shop, Giant, Food Lion and Hannaford in the United States, alongside Albert Heijn and Delhaize in the Netherlands and Belgium, said underlying operating income increased 0.7% to 896 million euros during the… Continue reading Ahold Delhaize beats Q1 profit forecasts despite dollar drag

BMW stock remained in focus on Wednesday as investors positioned for first-quarter results that delivered a meaningful beat on earnings estimates, even as pre-tax profit plunged by a quarter and revenue fell sharply. The result confirmed that Europe’s premium car industry is absorbing the twin drag of US and EU tariffs and continued weakness in… Continue reading BMW beats estimates despite profit slump: is the stock a buy now?

Samsung Electronics vaulted past the $1 trillion market capitalization mark on Wednesday after its shares surged by more than 10%. The move briefly put the company at about 1,500 trillion won, or roughly $1.03 trillion. That made Samsung only the second Asian company after Taiwan’s TSMC to cross the milestone, while South Korea’s KOSPI index… Continue reading Samsung hits $1 trillion: what’s behind the 10% surge in one day?

Shares of Strategy (previously known as Microstrategy) declined in extended trading on Tuesday after the bitcoin-focused firm reported a significantly wider first-quarter loss, reflecting the impact of falling cryptocurrency prices on its large digital asset holdings. The company, led by Michael Saylor, posted a net loss of $12.77 billion, or $38.25 per share, for the… Continue reading Strategy (MSTR) posts $12.7B loss as bitcoin slump hits crypto holdings

Advanced Micro Devices (NASDAQ: AMD) is pushing higher in extended hours after delivering a comprehensive “beat and raise” that underscores its growing dominance in the AI infrastructure trade. In Q1, the chipmaker earned $1.37 on a per-share basis and generated $10.25 billion in revenue – handily beating both Wall Street estimates and the last year’s… Continue reading AMD stock pops on Q1 earnings but HSBC recommends caution

US stocks closed higher on Tuesday, with all three major indexes advancing as easing oil prices and a strong earnings backdrop lifted investor sentiment despite ongoing geopolitical tensions in the Middle East. The Dow Jones Industrial Average rose 356 points, or 0.7%, while the S&P 500 gained 0.8% after hitting an all-time intraday high. The… Continue reading Dow jumps 356 pts as S&P 500, Nasdaq hit records

Digi Power X (NASDAQ: DGXX) soared nearly 40% on Tuesday morning after announcing a 10-year, $1.1 billion colocation agreement with an AI hardware developer, Cerebras Systems. Once a micro-cap player in energy infrastructure, DGXX seems to be making an aggressive pivot to seize the rising demand for high-density artificial intelligence data center capacity in 2026.… Continue reading Penny stock DGXX is soaring, and it has AI firm Cerebras to thank

Global markets saw mixed signals Tuesday as the US said its ceasefire with Iran remains intact despite fresh clashes near Hormuz, oil prices fell on easing escalation fears, Bitcoin climbed to $81,500 amid rising tokenization momentum, and Intel shares surged on optimism around potential foundry deals with Apple. US reaffirms Iran ceasefire despite fresh tensions… Continue reading Evening digest: Oil slips, Bitcoin rallies above $81k as geopolitics shift