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Stock Futures Drop as Higher Yields and Oil Prices Spook Markets
Barrons.com113d agoneutral
Stock Futures Drop as Higher Yields and Oil Prices Spook Markets

Stocks looked set to fall on Friday as investors fretted about soaring Treasury yields and President Donald Trump’s summit with China's leader Xi Jinping concluded without any meaningful breakthrough on trade. “For some time, analysts have been puzzled by equity markets’ resilience in the face of rising bond yields and clear inflationary pressures,” said Kathleen Brooks, research director at the foreign-exchange brokerage XTB. “Today we may see the pressure of rising bond yields start to weigh on equities, and futures prices suggest that U.S. indices will pull back from record highs later today and could close the week on a dampener.”

SEA Q1 Earnings Call Highlights
MarketBeat113d agoneutral
SEA Q1 Earnings Call Highlights

SEA (NYSE:SE) reported a sharp increase in first-quarter 2026 revenue and crossed $1 billion in adjusted EBITDA for the first time, as growth in its e-commerce and financial services businesses offset continued investment across key initiatives. Chairman and Chief Executive Officer Forrest Li said

Kioxia Preps US Listing After Riding AI Boom to Big Profit
Bloomberg113d agoneutral
Kioxia Preps US Listing After Riding AI Boom to Big Profit

(Bloomberg) -- Kioxia Holdings Corp., the world’s best-performing major stock this year, said it would list its shares in the US as it reaps the benefits of a global memory chip shortage that’s ratcheted up prices of the vital component.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Ope

Memory maker Kioxia sees $8.2 billion Q1 profit on AI boom
Reuters113d agoneutral
Memory maker Kioxia sees $8.2 billion Q1 profit on AI boom

Japanese memory chipmaker Kioxia said on Friday it expected ‌operating profit for the April-June quarter ‌to reach 1.3 trillion yen ($8.20 billion) as the ​artificial intelligence boom boosts chip demand. The maker of NAND flash memory chips reported operating profit rose 92.7% to 870.4 billion ‌yen in the ⁠year ended March, beating estimates. Kioxia said it is preparing to ⁠list American depositary shares on a U.S. exchange to grow its investor base.

NU Q1 Earnings Call Highlights
MarketBeat113d agoneutral
NU Q1 Earnings Call Highlights

NU (NYSE:NU) executives said the digital banking company delivered another quarter of customer growth, revenue expansion and operating leverage, while emphasizing that higher credit provisions in the first quarter reflected seasonality, portfolio growth and product mix rather than deterioration in u

Figma Q1 Earnings Call Highlights
MarketBeat113d agoneutral
Figma Q1 Earnings Call Highlights

Figma (NYSE:FIG) reported accelerating revenue growth in its fiscal first quarter of 2026, with management pointing to stronger seat expansion, enterprise adoption and early monetization of artificial intelligence features as key drivers. Co-founder and Chief Executive Officer Dylan Field said the

Bloomberg113d agoneutral
Xi Hails ‘Landmark’ Trump Summit, Says Many Outcomes Achieved

(Bloomberg) -- Chinese leader Xi Jinping hailed the results of his meetings with US President Donald Trump and touted an agreement on a new relationship for their countries, projecting optimism despite unresolved tensions and limited deals announced so far.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit

China’s Economy Is Entering Another Quarter of K-Shaped  Growth
Bloomberg113d agoneutral
China’s Economy Is Entering Another Quarter of K-Shaped Growth

(Bloomberg) -- Chinese consumption probably expanded far slower than the pace of industry in April, as trade remained a notable bright spot despite the global reverberations from the Iran war.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help on Ira

Vuzix Q1 Earnings Call Highlights
MarketBeat114d agoneutral
Vuzix Q1 Earnings Call Highlights

Vuzix (NASDAQ:VUZI) reported a smaller first-quarter loss as operating expenses declined, while revenue fell year over year amid lower product sales, management said on the company’s first-quarter 2026 earnings call. Chief Executive Officer Paul Travers said the company is continuing to focus its s

Tesla, Toyota expose surprising auto industry truth
TheStreet114d agoneutral
Tesla, Toyota expose surprising auto industry truth

Toyota Motor (TM) and Tesla (TSLA) are generally seen as rivals in the global auto business. Toyota is the manufacturing powerhouse, selling more than 11 million automobiles a year in almost every major market. Tesla is the electric vehicle disruptor that pushed the industry to embrace batteries, ...

TMC the metals Q1 Earnings Call Highlights
MarketBeat114d agoneutral
TMC the metals Q1 Earnings Call Highlights

TMC the metals (NASDAQ:TMC) said its first-quarter 2026 update centered on accelerated execution toward commercial polymetallic nodule production, highlighted by a newly signed production agreement with offshore engineering partner Allseas. Chairman and Chief Executive Officer Gerard Barron said th

Sidus Space Q1 Earnings Call Highlights
MarketBeat114d agoneutral
Sidus Space Q1 Earnings Call Highlights

Sidus Space (NASDAQ:SIDU) reported higher first-quarter revenue and a narrower net loss as management said the company is moving from technology development toward commercialization of its satellite, computing and data platforms. On the company’s first-quarter 2026 earnings call, Chairwoman and Chi

Samsung's South Korean union sticks to strike plan after talks offer; shares slide
Reuters114d agoneutral
Samsung's South Korean union sticks to strike plan after talks offer; shares slide

Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming ‌pay talks without conditions, sending shares down as much as 5.9%. Analysts attributed the share decline to growing uncertainty over the potential impact of a strike on production and concerns about Samsung's ability to meet its commitments to customers. "There appears to be rising concerns over delivery reliability if ‌the strike takes place and sentiment that rivals ⁠could benefit from the uncertainty," said Ryu Young-ho, a senior analyst at NH Investment & Securities.