ExxonMobil earnings may miss again as Hormuz conflict hits revenue

ExxonMobil, the world’s largest publicly traded energy giant, is set to release its fiscal first-quarter 2026 earnings report before the US market opens on May 1.  These will be the company’s first full quarterly results since the outbreak of the Hormuz conflict, with investors keenly watching the impact on its bottom line. ExxonMobil’s revenue is… Continue reading ExxonMobil earnings may miss again as Hormuz conflict hits revenue

Meta stock sinks 10% after earnings: why analysts are cutting targets

Shares of Meta Platforms fell sharply in early trading on Thursday, dropping around 9%. The move comes despite the company reporting better-than-expected first-quarter results, as investors reacted to a significant increase in capital expenditure guidance. The decline underscores growing market sensitivity to the cost of artificial intelligence investments, even as revenue and profitability remain strong.… Continue reading Meta stock sinks 10% after earnings: why analysts are cutting targets

Meta eyes up to $25 billion bond sale to fund AI expansion

Meta Platforms Inc. is planning to raise between $20 billion and $25 billion through an investment-grade bond sale. The move comes as the company accelerates spending on infrastructure to capitalise on the artificial intelligence boom, people familiar with the matter told Bloomberg. The offering is expected to be split into as many as six tranches.… Continue reading Meta eyes up to $25 billion bond sale to fund AI expansion

Dow rises 314 points as earnings offset oil, inflation worries

US stocks opened higher on Thursday as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East and persistent inflation concerns. The Dow Jones Industrial Average rose about 0.64% or 314 points, while the S&P 500 gained roughly 0.22%. Nasdaq 100 advanced around 0.06%. Earnings strength supports market sentiment Investor sentiment found… Continue reading Dow rises 314 points as earnings offset oil, inflation worries

Caterpillar jumps on earnings beat as AI-driven demand adds to growth

Caterpillar reported stronger-than-expected first-quarter earnings on Thursday, driven by robust demand across its construction and power generation businesses, with shares rising nearly 6% in premarket trading. The industrial giant, widely viewed as a bellwether for global economic activity, posted earnings per share of $5.54 on revenue of $17.4 billion. That surpassed Wall Street expectations of… Continue reading Caterpillar jumps on earnings beat as AI-driven demand adds to growth

These two energy stocks will benefit from UAE’s decision to leave OPEC

The United Arab Emirates’ impending exit from OPEC and OPEC+ on May 1 marks a seismic shift in the global energy landscape, dismantling a decades-long framework of production quotas that has governed market supply. As the cartel’s third-largest producer, the UAE’s pivot toward unconstrained output backed by its ambitious target of 5 million barrels per… Continue reading These two energy stocks will benefit from UAE’s decision to leave OPEC

SanDisk stock: here’s what options data reveal ahead of Q3 earnings

SanDisk stock (NASDAQ: SNDK) heads into Thursday’s Q3 report with traders braced for a violent move, not a routine earnings reaction. The stock closed at $1,064.21 on Wednesday after falling 6.34% in the previous session, even as the stock remained one of 2026’s biggest winners. SanDisk is set to report fiscal third-quarter results after the… Continue reading SanDisk stock: here’s what options data reveal ahead of Q3 earnings

Eli Lilly stock jumps 6% after strong earnings and raised guidance

Eli Lilly reported stronger-than-expected first-quarter earnings and revenue on Thursday, driven by robust demand for its blockbuster weight-loss and diabetes drugs, prompting the company to raise its full-year guidance. The pharmaceutical giant now expects 2026 revenue to range between $82 billion and $85 billion, up from its earlier forecast of $80 billion to $83 billion.… Continue reading Eli Lilly stock jumps 6% after strong earnings and raised guidance

FTSE 100 gains on earnings boost, focus shifts to BoE

London’s benchmark index moved higher on Thursday, supported by strong corporate updates and gains in commodity-linked stocks, as investors turned cautious ahead of a key interest rate decision from the Bank of England. The blue-chip FTSE 100 rose 0.9% to 10,307.19 points by 0942 GMT, while the midcap FTSE 250 edged 0.4% higher. The gains… Continue reading FTSE 100 gains on earnings boost, focus shifts to BoE