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Shares of DoorDash (NASDAQ: DASH) surged 11% during pre-market trading on Thursday after the delivery platform posted quarterly earnings that topped Wall Street expectations and issued a stronger-than-expected outlook for order growth. The company reported adjusted earnings of 42 cents per share for the first quarter ended March 31, ahead of analysts’ expectations of 36… Continue reading DoorDash stock jumps 11% after earnings beat and strong delivery demand

US equity futures pointed to a firmer open on Thursday, with all three major index contracts trading in positive territory ahead of the New York session. S&P 500 and Nasdaq 100 futures edged higher, while Dow futures rose about 120 points, or roughly 0.24%, in early trade. The advance was underpinned by a confluence of… Continue reading Dow futures rise 120 points: 5 things to know before market opens

Rocket Lab stock (NASDAQ: RKLB) has become one of the market’s favorite regret trades. It went public at $11.58, fell to a record low of $3.79 in 2022, and now trades around $84.65, after a long run built on launch execution, defense contracts and a growing backlog. That is the kind of move investors look… Continue reading Did you miss RKLB’s 1,700% run? These 2 stocks could be next

Arm Holdings (NASDAQ: ARM) delivered the kind of earnings report that sends a high-flying chip stock higher. The revenue beat estimates, profit beat estimates and demand for its new AI data-center chip looked strong. But in after-hours trading on Wednesday, the celebration turned into a sell-off. Arm stock jumped as much as 13% right after… Continue reading Why did ARM stock wipe out its entire 13% after-hours gain overnight?

Norway’s largest utility, Statkraft, reporteda rise in underlying operating profit for the first quarter on Thursday, supported by higher electricity prices across the Nordic region. The state-owned energy company said underlying profit before interest and tax climbed to 11.6 billion Norwegian crowns ($1.25 billion) during the quarter, compared with 9.0 billion crowns in the same… Continue reading Statkraft reports stronger Q1 earnings amid higher power prices

Shell dividend climbs 5% following strong Q1 financial performance Shell reported a strong first quarter, with adjusted earnings the company’s definition of net profit, rising to $6.92 billion.  The figure, announced Thursday, significantly surpassed both the $5.58 billion reported a year ago and the analyst consensus of $6.36 billion. Shell plc is also set to… Continue reading Shell earnings surge in Q1; announces $3B buyback as dividend rises 5%

Europe’s push to expand offshore wind capacity is colliding with a structural supply crunch, as turbine prices soar and market concentration deepens.  A new analysis from Rystad Energy warns that the region’s post‑2030 targets risk slipping out of reach unless policymakers and developers address bottlenecks in the turbine value chain.   Siemens Energy, parent of Siemens… Continue reading Rystad warns of Europe’s wind crunch; Siemens Gamesa, Vestas shares rise

Microsoft stock (NASDAQ: MSFT) is getting rewarded for doing something that looks backwards: backing away from AI. On Tuesday, new Xbox chief Asha Sharma said the company would wind down Copilot on mobile and stop developing it for console. The development is a reversal of plans that had pointed to a 2026 Xbox rollout. The… Continue reading Xbox pulls plug on Copilot, so why is Microsoft stock surging?