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Cathie Wood sells $11.8 million in Nvidia-backed stock before earnings
TheStreet109d agobearish
Cathie Wood sells $11.8 million in Nvidia-backed stock before earnings

Cathie Wood just made a massive move ahead of a key tech earnings report. The ARK Invest founder trimmed $12 million in CoreWeave (CRWV) stock just days before the company reports earnings in a couple of days' time. On May 4, ARK sold 99,692 shares of CoreWeave across multiple ETFs, locking ...

Apple settles lawsuit over late Siri AI features for $250 million
Reuters109d agobearish
Apple settles lawsuit over late Siri AI features for $250 million

Apple on Tuesday settled for $250 million a shareholder lawsuit ‌brought after the company delayed artificial-intelligence upgrades to ‌its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. ​federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference ‌in 2024, saying ⁠they would become available with new iPhones that fall. In 2025, Apple said that the AI overhaul of Siri would not come ​until this ​year, and executives have ​now confirmed that the ‌new Siri features will be unveiled at Apple's annual developer conference next month.

Strategy Posts Wider Loss as Bitcoin Holdings Hit $64 Billion. The Stock Falls.
Barrons.com109d agobearish
Strategy Posts Wider Loss as Bitcoin Holdings Hit $64 Billion. The Stock Falls.

Strategy saw its losses swell in the first quarter as the Bitcoin holder’s massive crypto treasury continues to dictate its bottom line. Strategy posted a quarterly loss of $12.77 billion ($38.25 a share), far wider than the loss of $4.23 billion ($16.49 a share) reported in 2025. The change was driven by a steep drop in the value of Strategy’s Bitcoin holdings, which it records as losses.

Occidental Petroleum (NYSE:OXY) Misses Q1 CY2026 Revenue Estimates
StockStory109d agobearish
Occidental Petroleum (NYSE:OXY) Misses Q1 CY2026 Revenue Estimates

Oil and gas producer Occidental Petroleum (NYSE:OXY) fell short of the market’s revenue expectations in Q1 CY2026, with sales falling 11% year on year to $5.11 billion. Its non-GAAP profit of $1.06 per share was 80.3% above analysts’ consensus estimates.

eToro CEO talks Coinbase layoffs & AI's labor force impact
Yahoo Finance Video109d agobearishVIDEO
eToro CEO talks Coinbase layoffs & AI's labor force impact

Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.

eToro CEO talks Coinbase layoffs & AI's labor force impact
Yahoo Finance Video109d agobearishVIDEO
eToro CEO talks Coinbase layoffs & AI's labor force impact

Leaders in finance, technology, and politics are gathered at the Milken Institute Global Conference this week to discuss the most pressing social and economic challenges. eToro (ETOR) co-founder and CEO Yoni Assia sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss the impact of artificial intelligence (AI) on the labor force.

Electronic Arts misses bookings estimates as 'Battlefield' engagement falls
Reuters109d agobearish
Electronic Arts misses bookings estimates as 'Battlefield' engagement falls

Videogame publisher Electronic Arts missed quarterly bookings estimates on Tuesday, weighed ‌down by a post-launch drop-off in ‌engagement for its "Battlefield" franchise and sluggishness in its mobile business. While "Battlefield 6" enjoyed a strong launch last year, the title has struggled with a slackening in player engagement, raising concerns about its ‌long-term live-service revenue ⁠potential. "Battlefield 6" has seen "significant attrition" in engagement with the "most-played" metrics on Xbox ⁠and PlayStation down from the third quarter, TD Cowen analysts said in a note last ​month.

Emerson Electric (NYSE:EMR) Misses Q1 CY2026 Sales Expectations
StockStory109d agobearish
Emerson Electric (NYSE:EMR) Misses Q1 CY2026 Sales Expectations

Engineering and automation solutions company Emerson (NYSE:EMR) missed Wall Street’s revenue expectations in Q1 CY2026 as sales rose 2.9% year on year to $4.56 billion. On the other hand, the company expects next quarter’s revenue to be around $4.80 billion, close to analysts’ estimates. Its non-GAAP profit of $1.54 per share was in line with analysts’ consensus estimates.

Saylor's Strategy posts wider quarterly loss on bitcoin slump
Reuters109d agobearish
Saylor's Strategy posts wider quarterly loss on bitcoin slump

Michael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin ‌prices that weighed on the value of its sizeable crypto ‌holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated ​by escalating Middle East tensions, has underscored the vulnerability of digital assets to broader risk aversion, with investors leaning towards safer options amid concerns over lofty AI valuations and uncertainty around U.S. Federal Reserve ‌policy. Though bitcoin prices have ⁠bounced back partially, the world's largest cryptocurrency has lost 7% in value in 2026.

Investing.com109d agobearish
Lumentum shares tumble despite strong print and guide

Investing.com -- Lumentum Holdings Inc (NASDAQ:LITE) reported third quarter results that exceeded analyst expectations, yet shares fell 5.6% in after-hours trading Tuesday as investors focused on the company’s debt position and sustainability of margin gains.

Investing.com109d agobearish
Strategy misses estimates as bitcoin losses mount

Investing.com - Strategy Inc (NASDAQ:MSTR) reported a first-quarter loss of -$38.25 per share, significantly worse than the analyst estimate of -$18.98, as unrealized losses on its bitcoin holdings weighed on results. Revenue came in at $124.3 million, slightly below the consensus estimate of $125.07 million, though up 11.9% from $111.1 million in the same quarter last year.

See the Corporate Layoffs So Far in 2026
The Wall Street Journal109d agobearish
See the Corporate Layoffs So Far in 2026

First-quarter layoffs totaled 217,362, according to outplacement firm Challenger, Gray & Christmas, a level 56% lower than the January-to-March period last year. In the first quarter, private-sector layoffs were down 1%. Here’s how this year’s job cuts are stacking up.

Strategy Earnings: One Key Question; How Bitcoin Whale May Make A Splash
Investor's Business Daily109d agobearish
Strategy Earnings: One Key Question; How Bitcoin Whale May Make A Splash

Strategy reports its first-quarter results after Tuesday's close, with an earnings call featuring founder Michael Saylor at 5 p.m. ET. Of course, since Strategy's business is almost entirely buying and holding bitcoin, operating earnings are almost meaningless. Key metrics including the bitcoin price and the size of Strategy's stash are already public.

Lockheed Martin Expands Missile Defense And 5G Role In Future Warfare
Simply Wall St.109d agobearish
Lockheed Martin Expands Missile Defense And 5G Role In Future Warfare

Lockheed Martin (NYSE:LMT) has been selected by the U.S. Space Force to lead the Space Based Interceptor missile defense demonstrator, aimed at developing a new space layer for homeland missile defense. The company also launched a secure, defense focused 5G network solution in partnership with Nokia, designed for military and mission critical communications. Lockheed Martin enters these programs with its stock at $518.15 and a return of 12.9% over the past year, 24.5% over 3 years, and...

Google Moves to Sell TPUs Directly: A Major Shift That Might Pressure NVIDIA’s AI Compute Dominance
24/7 Wall St.109d agobearish
Google Moves to Sell TPUs Directly: A Major Shift That Might Pressure NVIDIA’s AI Compute Dominance

The question for retirement-focused investors right now is simple: own Alphabet (NASDAQ:GOOGL) or NVIDIA (NASDAQ:NVDA)? Google’s decision to sell its Tensor Processing Units (TPUs) directly to enterprise customers reframes the AI compute race, and it changes the risk math on the most crowded trade in the market. One of these stocks belongs in a retirement ... Google Moves to Sell TPUs Directly: A Major Shift That Might Pressure NVIDIA’s AI Compute Dominance