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Micron stock gained on Wednesday amid booming demand for memory and storage.

Micron stock surged on continued strong demand for its memory chips. Fitch also upgraded its credit rating.

Micron stock surged on continued strong demand for its memory chips. Fitch also upgraded its credit rating.

By Niket Nishant and Utkarsh Hathi May 5 (Reuters) - Wall Street's main indexes recovered on Tuesday as oil prices fell despite renewed Middle East tensions that threatened to upend a fragile truce

The deal adds enterprise software and operational expertise to support scaling AI cloud deployments. IREN Limited (NASDAQ:IREN) announced an AI cloud acquisition with a definitive agreement to acquire Mirantis for approximately $625 million in stock.

Media investor James Murdoch is in advanced talks to buy Vox Media’s New York Magazine and podcast division, according to people familiar with the matter. The deal, which is through Murdoch’s Lupa Systems investment company, isn’t yet final, and could still fall apart, they said. Murdoch, the younger son of News Corp founder Rupert Murdoch, founded Lupa in 2019 after stepping down as chief executive of 21st Century Fox when substantial parts of the company were sold to Walt Disney The following year, he resigned from the board of News Corp, citing disagreements over editorial content.

Chipotle saw its same-store sales turn positive in Q1.

Stocks were back near their highest levels on record after Wall Street turned its attention away from Iran and back to earnings season. The Dow rose 305 points, or 0.6%. The S&P 500 was up 0.7%. The Nasdaq was up 0.

Pinterest shares rallied Tuesday following a better-than-expected earnings report and revenue forecast.

Ocugen (OCGN) delivered earnings and revenue surprises of -12.57% and +27.75%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

The commerce software company posted 34% revenue growth in Q1, but its outlook for high-twenties growth in Q2 rattled investors

The Italian automaker posted €1.85 billion in revenue and confirmed its 2026 targets as it prepares to debut the Luce electric vehicle

Revenue rose 7% to $8.35 billion and adjusted EPS climbed 1%, topping Wall Street estimates, but stock fell after the earnings call

Agco (AGCO) delivered earnings and revenue surprises of +112.81% and +1.71%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Revenue reached $14.45 billion, up 5% year-over-year, as oncology and other recently launched products offset steep declines in COVID products

Paramount Skydance reported first-quarter results after Monday’s close, its first report since winning the bidding war for Warner Bros. Discovery.

Iren announces $625 million deal to acquire AI cloud, support services provider Mirantis. IREN stock is up 31% in 2026.

Shopify (SHOP) delivered earnings and revenue surprises of +12.78% and +2.79%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Fiserv (FISV) delivered earnings and revenue surprises of +13.67% and -1.72%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com -- JPMorgan strategist Mislav Matejka urged investors to look past near-term geopolitical turbulence and use market weakness as a buying opportunity, arguing in a note that the risk of a prolonged stagflationary shock is overstated.

Cameco (CCJ) delivered earnings and revenue surprises of +18.26% and +24.46%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

APTIV PLC (APTV) delivered earnings and revenue surprises of +5.30% and +1.27%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Investors focused on slowing bookings despite another earnings beat

Investing.com -- PayPal Holdings, Inc. (NASDAQ:PYPL) reported first-quarter results that exceeded analyst expectations on both revenue and earnings. The company's shares are up 3.2% premarket.

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) reported first-quarter results on Tuesday that significantly exceeded analyst expectations, lifting its shares by 5.

Shopify posted a narrowed loss as rising subscription revenue and stronger merchant activity lifted sales.

ON Semiconductor Corporation (NASDAQ:ON) reported quarterly results on Monday that exceeded expectations on both revenue and earnings, while also issuing stronger-than-forecast guidance for the current quarter. Despite this, the stock declined around 4% in premarket trading on Tuesday.

Alphabet on Tuesday disclosed that it was selling euro-denominated bonds across six tranches, months ‌after it raised about $32 billion in debt by ‌tapping the dollar, sterling and Swiss franc markets. The Google parent is selling ​at least 3 billion euro ($3.5 billion) in bonds, Bloomberg News reported, citing a person with knowledge of the matter. Google did not immediately respond to a Reuters request for comment.

Pinterest Inc. (NYSE:PINS) delivered first-quarter results on Monday that outpaced Wall Street expectations, driven by strong revenue growth and a sharp increase in user numbers.

Shares of PayPal rose Tuesday after the company reported better-than-expected quarterly earnings. The payments giant reported adjusted earnings of $1.34 a share for the first quarter, up from $1.33 a year ago and ahead of analysts’ consensus estimate of $1.27, per FactSet. PayPal stock jumped 3.1% in premarket trading.