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Higher prices helped the miner deliver a jump in quarterly earnings, with record free cash flow enabling an up to $2 billion share buyback and higher dividend.
May 8 (Reuters) - Pipeline operator Enbridge beat expectations for first-quarter profit on Friday as robust power demand helped lift volumes of gas and liquids transported through its systems.
The key to stock market-beating returns for Putnam U.S. Research Fund is "research, research, research."
Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. "Super Mario" maker Nintendo said that higher component costs, particularly memory, and the impact of tariffs is expected to add roughly 100 billion yen ($638 million) to costs in the current financial year. President Shuntaro Furukawa said the higher component costs, along with factors including exchange rates, were reflected in Nintendo's decision to hike prices of its Switch 2.
Lime, which operates an electric bike and scooter network and is backed by Uber Technologies, reported a jump in yearly revenue in its filing for a U.S. initial public offering. The San Francisco-based startup did not reveal the terms of the offering in the filing. Activity in the U.S. IPO market has rebounded after a slowdown earlier in the year linked to volatile equity markets and the war in the Middle East.
(Bloomberg) -- After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company’s shares went nowhere for seven months while the chipmaker was getting trounced in the market for artificial intelligence.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump
Block Inc (NYSE:XYZ) posted first-quarter results that topped Wall Street profit expectations, sending the company’s shares up around 7% in premarket trading Friday after management raised its outlook for the full year. The financial technology company reported adjusted earnings per share of $0.
Uber's future is all about robotaxis.
Shares rise after the fintech company’s results signal to investors that it is chugging along just fine despite mass layoffs.
(Bloomberg) -- Sony Group Corp. said it will buy back as much as ¥500 billion ($3.2 billion) of its shares after rising memory prices weighed on the entertainment group’s annual outlook.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through
Shares in Sunnyvale, Calif.-based company rose an eye-popping 20% Thursday, a day after executives reported an earnings beat.
Ziff Davis (ZD) delivered earnings and revenue surprises of +1.39% and -0.88%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Devon boosts shareholder returns following completion of its merger with Coterra Energy.
(Bloomberg) -- In some circles on Wall Street, the hottest debate isn’t about a tech-stock bubble or $100 oil as the new norm. It’s whether 30-year Treasury yields will mount a sustained push over 5%.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian
(Bloomberg) -- In some circles on Wall Street, the hottest debate isn't about a tech-stock bubble or $100 oil as the new norm. It's whether 30-year Treasury yields will mount a sustained push over 5%.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogChina Asks Banks to
SpaceX could soon raise $50 billion to $75 billion in fresh capital.
Cloudflare (NET) delivered earnings and revenue surprises of +7.53% and +2.87%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
CoreWeave (CRWV) delivered earnings and revenue surprises of -24.57% and +5.99%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
nLight (LASR) delivered earnings and revenue surprises of +158.07% and +12.61%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Figs (FIGS) delivered earnings and revenue surprises of +125.56% and +5.05%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Toast (TOST) delivered earnings and revenue surprises of +4.81% and +0.10%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Synaptics (SYNA) delivered earnings and revenue surprises of +8.35% and +1.41%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- DraftKings Inc (NASDAQ:DKNG) reported first quarter results that exceeded profit expectations but maintained full-year guidance below analyst estimates, sending shares down 1.9% in after-hours trading Thursday.
Investing.com -- Block Inc (NYSE:XYZ) reported first-quarter results that exceeded profit expectations, sending shares up 8.4% in after-hours trading Thursday as the company raised its full-year outlook.
Investing.com -- Warner Music Group Corp. (NASDAQ:WMG) reported second-quarter results that exceeded analyst expectations, with shares climbing 3.9% in after-hours trading Thursday following the announcement of a film partnership with Paramount Pictures.
Energy drink company Monster Beverage (NASDAQ:MNST) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 26.9% year on year to $2.35 billion. Its GAAP profit of $0.58 per share was 10.2% above analysts’ consensus estimates.
The financial sector has been weak while the rest of the market rallies — something that happened before the last big bear markets.
Motorola (MSI) delivered earnings and revenue surprises of +3.64% and +0.53%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Innodata Inc (INOD) delivered earnings and revenue surprises of +229.41% and +17.82%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
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