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Core Scientific, Inc. (Nasdaq: CORZ), a data infrastructure company involved in Bitcoin (BTC) mining and artificial intelligence (AI) operations, reported the earnings for the first quarter of the year on May 6. The company reported a loss of $347.18 million during the quarter as revenue ...
Even after a brutal post-earnings sell-off, Wall Street isn’t giving up on Arista Networks stock.
US equity indexes traded mixed midday Thursday as investors weighed a surge in planned April layoffs
The FTSE 100 has tumbled after hopes of a peace deal in the Middle East hit shares in oil and defence companies. London’s premier stock index fell 1.5pc on Thursday, more than other markets across Europe and in the US. Defence majors BAE Systems and Babcock International sank by 5pc and 2.2pc respectively following reports that the US and Iran were close to reaching a peace deal. Shares in BP were down by 2.6pc while Shell dropped by 2.9pc after oil prices fell below $100 a barrel on hopes that
The FTSE 100 has tumbled after hopes of a peace deal in the Middle East hit shares in oil and defence companies. London’s premier stock index fell 1.5pc on Thursday, more than other markets across Europe and in the US. Defence majors BAE Systems and Babcock International sank by 5pc and 2.2pc respectively following reports that the US and Iran were close to reaching a peace deal. Shares in BP were down by 2.6pc while Shell dropped by 2.9pc after oil prices fell below $100 a barrel on hopes that
Meta Platforms, Inc. (NASDAQ:META) is one of the best strong buy stocks to invest in according to billionaires. Pivotal Research cut the price target on Meta Platforms, Inc. (NASDAQ:META) to $790 from $910 on April 30, reaffirming a Buy rating on the shares. The firm told investors in a research note that the company reported […]
Shares of NANO Nuclear Energy (NASDAQ:NNE) are down 10% midday Thursday, trading near $26. Oklo (NYSE:OKLO) stock is off about 8%, while Cameco (NYSE:CCJ) is slipping 4%. The pullback follows a powerful rally for the nuclear trade. NANO Nuclear had ripped 35% over the past month, while Oklo had surged 63% in a month. Cameco ... NANO Nuclear Slides 10%, Oklo Falls 8%, Cameco Slips 4% After Nuclear Stocks Explosive Rally
The Dow just can’t keep above 50,000. The blue-chip index was down 200 points, or 0.4%, to 49,718 after trading as high as 50,130. The S&P 500 was down 0.3%. The Nasdaq was down 0.2%. A slide in chip stocks after Arm's earnings accelerated.
OBDC's Q1 earnings miss estimates as lower net investment income hurts results despite reduced expenses and a new $300M share repurchase plan.
JPMorgan Chase (NYSE:JPM) is participating in a cross border pilot to settle tokenized US Treasuries in near real time alongside Ripple, Mastercard, and Ondo Finance. The bank is also facing a lawsuit in China from HY Energy over the freezing of major fund transfers tied to US sanctions rules. For a global bank like JPMorgan Chase, this mix of digital asset settlement work and sanctions related scrutiny highlights how core banking activities are changing. Tokenized US Treasuries aim to move...
AROC misses Q1 earnings estimates as higher SG&A costs offset growth from strong contract operations and rising compression demand.
TRP beats Q1 earnings estimates, boosts dividend and posts strong segment growth, even as revenues miss expectations and outlook stays intact.
F is reportedly in advanced talks to sell part of its Valencia plant to Geely, a move that could support a new EV project in Europe.
Shake Shack (SHAK) shares plummeted Thursday after the fast food chain operator's first-quarter resu
The package delivery giant's 2026 is partly being shaped by events in connection with Amazon.
Bernstein sounds a warning on memory demand in Q1.
Dutch Bros stayed up late to beat on sales and earnings last night.
Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of video content off the Apple App Store after introducing a competing product called SharePlay. Ontario, Canada-based Rave is demanding reinstatement into the App Store and "hundreds of millions of dollars" in damages, according to the complaint filed in U.S. federal court in New Jersey. Apple did not immediately respond to a request for comment.
Axon raises its 2026 revenue outlook after Q1 sales surge 33.7%, fueled by strong demand for TASER 10, body cameras and AI offerings.
PayPal (NASDAQ:PYPL) stock picked up a fresh analyst downgrade this morning, with Macquarie analyst Paul Golding cutting PYPL to Neutral from Outperform and lowering his price target to $50 from $58, citing a soft Q2 2026 outlook and a cost-saving plan that’s heavily back-end loaded. The takeaway for prudent investors: even with a Q1 2026 ... Macquarie Downgrades PayPal as Cost-Saving Plan Looks Too Back-End Loaded
Citigroup issued new guidance showing it would take the lender more time to catch up to Wall Street peers than some investors hoped for. Sridhar Natarajan reports on Bloomberg Television.
Wall Street delivered a split verdict on Uber Technologies (NYSE:UBER) following the company’s Q1 2026 earnings report on May 6. Goldman Sachs (NYSE:GS) lowered its price target to $115 from $125 while maintaining a Buy rating, and Piper Sandler (NYSE:PIPR) analyst Thomas Champion raised his target to $105 from $100 while keeping an Overweight rating. ... Wall Street Splits on Uber: Goldman Sachs Cuts Price Target While Piper Sandler Hikes
Investor confidence in Shake Shack is, er, shaken. Shares in the burger chain plummeted after the company posted disappointing quarterly sales and earnings, growing beef and development costs and uneven footfall.
<body><p>STORY: McDonald's missed its U.S. sales growth target in the first quarter.</p><p>The world's biggest burger chain posted U.S. same‑store sales growth of 3.9% - below Wall Street estimates.</p><p>Thursday's update showed low-price meal deals and limited-time offers struggled to draw diners.</p><p>Consumers have recently pulled back on spending due to higher fuel and grocery costs.</p><p>CEO Chris Kempczinski said the operating environment was still "challenging."</p><p>That was depsite McDonald's beating quarterly estimates for revenue and profit.</p><p>Several U.S. restaurant chains like Wingstop and Domino's have reported weaker quarterly sales growth.</p><p>They cited a hit to customer spending from soaring gasoline prices caused by the Iran war.</p><p>Wall Street analysts also argue lower-income consumers have turned more selective.</p><p>It's seen buyers trade down to simpler, single‑item orders rather than full meals.</p><p>Data from Placer.ai showed U.S. traffic was uneven at McDonald's through the first quarter.</p><p>Same-store visits fell 1.3% in January due to winter storms.</p><p>Traffic bounced back just under 4% in February on pent‑up demand, but slipped again in March.</p><p>On a global scale, McDonald's found comparable sales rose 3.8% - slightly behind analyst forecasts.</p><p>Although it was an improvement on last year's numbers.</p><p>The firm's total revenue of $6.52 billion beat estimates.</p></body>
IonQ stock dropped Thursday a day after the quantum computing company posted solid results. IonQ's CEO had reaffirmed the belief that the company is will be the "Nvidia of Quantum." IonQ stock shed nearly 4% to 50.56 in morning trades.
Lucid Drops After Earnings Reveal Delivery Weakness, Rising Losses
WBD's Q1 loss widens on merger and restructuring costs, even as streaming subscribers topped 140M and Studios revenue surged.
The company said it mined a record 817 bitcoin in the quarter, up from about 783 in Q4 2025, and purchased an additional 803 bitcoin through treasury operations. Mining gross…
The S&P 500 (^GSPC) punched to a fresh record Wednesday, with the broader market index now perched above 7,300. With a 7.6% YTD gain in the S&P 500 (^GSPC), bulls are back in control, citing a roughly 15% rally off the March low as AI earnings, easing Iran tensions, and softer crude combine to push ... S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism
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