SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly weaker-than-expected outlook for the current quarter. The financial services firm said it expects adjusted revenue growth of around 30% in the second quarter, just below analyst estimates of 31%. The cautious guidance… Continue reading SoFi stock drops 12% despite strong Q1 earnings as outlook disappoints
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Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Wall Street opened in the red on Wednesday, as investors were cautious ahead of a pivotal Federal Reserve decision and a heavy slate of Big Tech earnings, while keeping a close eye on rising oil prices and geopolitical tensions. The S&P 500 slipped 0.18%, alongside the Dow Jones Industrial Average, which fell 92 points, while… Continue reading Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Seagate stock soars 15% as AI storage boom fuels earnings beat
Seagate Technology delivered a strong set of third-quarter results that comfortably exceeded Wall Street expectations, sending its shares sharply higher in premarket trading and reinforcing investor confidence in the durability of artificial intelligence-driven demand for data storage. The hard-drive maker reported adjusted earnings of $4.10 per share for the quarter, more than doubling from $1.90… Continue reading Seagate stock soars 15% as AI storage boom fuels earnings beat
Yum Brands beats estimates as Taco Bell posts 8% sales growth
Yum Brands on Wednesday reported quarterly earnings and revenue that exceeded analysts’ expectations, supported by another strong performance from its Taco Bell division. The company posted adjusted earnings per share of $1.50, surpassing estimates of $1.38, according to a survey by LSEG. Revenue came in at $2.06 billion, slightly ahead of expectations of $2.04 billion.… Continue reading Yum Brands beats estimates as Taco Bell posts 8% sales growth
BBAI stock is flying ahead of Q1 results: should you buy?
BigBear.ai (NYSE: BBAI stock) is back in the spotlight ahead of next week’s first-quarter report, and the stock’s latest move explains why. BBAI stock jumped over 10% Tuesday, climbing sharply as shares swung from $3.65 to $4.39 and hovered near $4.20–$4.22. The company is set to report Q1 2026 results on May 5 at about… Continue reading BBAI stock is flying ahead of Q1 results: should you buy?
UK shares slip as earnings weigh ahead of central bank decisions
UK equities moved lower on Wednesday as investors assessed a mixed set of corporate earnings while shifting focus toward upcoming global central bank decisions, including the policy outlook from the Bank of England. The blue-chip FTSE 100 index slipped 0.7% by 0950 GMT, marking its seventh decline in eight sessions. Meanwhile, the mid-cap FTSE 250… Continue reading UK shares slip as earnings weigh ahead of central bank decisions
Chevron braces for Q1 earnings and revenue decline
Chevron is bracing for a potential downturn, with Wall Street analysts broadly predicting a year-over-year decline in both earnings and revenue for the quarter ending March 2026. The oil giant’s near-term stock performance, however, will hinge on whether its actual results manage to defy—or confirm—these widely held consensus estimates. The upcoming earnings report, slated for… Continue reading Chevron braces for Q1 earnings and revenue decline
META, MSFT, AMZN, GOOG head for ‘biggest earnings day’: why it matters
A pivotal moment for global markets is set to unfold as Alphabet, Amazon, Meta and Microsoft prepare to report earnings on the same day, offering a rare, concentrated look into the health of the artificial intelligence economy. The simultaneous results from the four technology giants, which together account for a significant share of the S&P… Continue reading META, MSFT, AMZN, GOOG head for ‘biggest earnings day’: why it matters
Is LG Electronics partnering with Nvidia on AI and robotics?
South Korean technology firm LG Electronics said on Wednesday that it has been in discussions with Nvidia over potential cooperation in robotics, AI data centres, and mobility. The development follows a visit by Madison Huang, a senior director for physical AI platforms at Nvidia, to LG Electronics and other South Korean companies, according to reports… Continue reading Is LG Electronics partnering with Nvidia on AI and robotics?
