The headlines blame the spending plan. But I think there's an even bigger concern.
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Drug companies like Eli Lilly and Roche are racing to build supercomputers to help fix the 90% failure rate in drug development.
(Bloomberg) -- Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by President Donald Trump fell through.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says Thousands Evacuated as Mayon Volcano EruptsTrump Ca
Teladoc Health (NYSE:TDOC) reported first-quarter 2026 results that Chief Executive Officer Chuck Divita said came in above the midpoint of the company’s guidance for both revenue and Adjusted EBITDA, driven by solid performance in Integrated Care and continued progress scaling BetterHelp’s insuranc
USA Today (NYSE:TDAY) reported what management described as its strongest start to the year in several years, citing improving revenue trends, rising digital contribution, and sharply higher profitability in the first quarter of 2026. Chairman and CEO Mike Reed said the company is “nearing” several
(Bloomberg) -- President Donald Trump’s long-running feud with New York over the $16 billion Gateway tunnel masks a turn of events that even executives at Amtrak didn’t see coming: The administration is largely staying out of the way as the railroad undertakes a building spree unmatched in its more than 50-year history.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans
Mark Zuckerberg held a company town hall on April 30 to address Meta employees directly about the layoffs. It was the first time he had spoken to staff about the cuts since Reuters first reported the plan in March. What he said did not reassure them. And what he did not say may have worried them ...
Moby summary of Magna International Inc.'s Q1 2026 earnings call
Chipotle Mexican Grill, Inc. ( NYSE:CMG ) shareholders are probably feeling a little disappointed, since its shares...
Warsh's testimony before the Senate Banking Committee points to foundational changes at the Fed.
Roblox (NYSE:RBLX) reported strong first-quarter results driven by rapid growth in bookings, revenue, and cash flow, while executives also emphasized that recent safety initiatives—particularly global age checks for chat—created near-term friction that is expected to weigh on user acquisition and fu
Reddit (NYSE:RDDT) opened 2026 with what executives repeatedly characterized as a standout quarter, highlighting rapid revenue growth alongside expanding profitability and cash generation. Management pointed to continued momentum in advertising, early traction from new performance products like Redd
Phillips 66 (NYSE:PSX) reported first-quarter 2026 earnings as management emphasized operational execution and commercial flexibility amid what it called unprecedented commodity price volatility tied to geopolitical events in the Middle East. Chairman and CEO Mark Lashier said the quarter featured e
Quanta Services (NYSE:PWR) opened 2026 with what management characterized as a strong first quarter, citing double-digit growth in revenue, adjusted EBITDA, and adjusted earnings per share, alongside record backlog and a higher full-year outlook. First-quarter results and raised 2026 outlook Chief
Pearson (NYSE:PSO) reported a “good start to 2026,” posting 4% revenue growth in its first-quarter trading update, as management reiterated confidence in achieving full-year guidance and reconfirmed its medium-term outlook. Chief Executive Officer Omar Abbosh said the performance reflected “continu
Advanced Micro Devices is set to report earnings after markets close Tuesday, with the chipmaker's stock seen potentially climbing to new highs following the results.
POSCO (NYSE:PKX) executives said first-quarter 2026 results improved from the prior quarter despite heightened volatility tied to geopolitical tensions, while the company advanced major steel decarbonization projects and outlined a new performance-linked shareholder return framework. Quarterly resu
Hudbay Minerals Inc (HBM) reports record financial performance and outlines strategic initiatives amid external challenges.
Dominion Energy Inc (D) reports robust Q1 2026 results, driven by significant progress in renewable projects and strategic growth initiatives.
nVent Electric PLC (NVT) reports robust first-quarter performance with significant gains in data center and infrastructure sectors, raising full-year guidance.
Magna International Inc (MGA) reports robust financial performance with significant increases in adjusted EBIT and EPS, despite facing global production declines and market uncertainties.
PBF Energy (NYSE:PBF) reported a first-quarter 2026 adjusted net loss of $0.88 per share and adjusted EBITDA of $68.7 million as the company worked through a delayed restart at its Martinez, California refinery and navigated sharp volatility tied to the conflict in the Middle East. Martinez restart
nVent Electric (NYSE:NVT) reported first-quarter 2026 results that management said exceeded expectations, driven by continued acceleration in infrastructure demand led by data centers. Chair and CEO Beth Wozniak said the company posted “record sales, orders, and backlog,” marking the third consecuti
(Bloomberg) -- The Pentagon has struck agreements with more technology companies for expanded use of advanced artificial intelligence tools on classified military networks, according to a Defense Department statement and two defense officials briefed on the matter.Most Read from BloombergTrump Vows 25% Tariff on European Autos in Escalating Trade RiftTrump Rues State of Iran Talks, Says Prefers Not to StrikeSpirit Bailout Talks Said to Have Ended With Closure LoomingTrump Family-Backed Drone Fir
Mastercard (NYSE:MA) reported what Chief Executive Officer Michael Miebach called an “excellent start” to fiscal 2026, with first-quarter net revenue up 12% and net income up 15% year over year on a non-GAAP, currency-neutral basis. Management said consumer and business spending remained healthy, bu
Eli Lilly and Company (NYSE:LLY) executives said the drugmaker started 2026 with “a strong start,” pointing to sharp first-quarter revenue growth, continued demand for its incretin medicines, a newly approved oral obesity therapy, and a slate of pipeline and business development milestones. Founday
L3Harris Technologies (NYSE:LHX) reported strong first-quarter results and reaffirmed its full-year revenue outlook while raising its GAAP earnings guidance, as executives pointed to accelerating demand tied to U.S. and allied defense modernization, a growing backlog, and increased investment in cap
Kinross Gold (NYSE:KGC) reported a strong start to 2026, with management pointing to robust operating margins, a strengthening balance sheet, and continued progress across a pipeline of mine-life extensions and growth projects. On the company’s first-quarter conference call, executives also reiterat
Investing.com -- Abortion access in the United States was dealt a legal blow on Friday after a Federal Appeals Court issued a temporary stay halting the distribution of Mifepristone by mail.
The industrial equipment supplier's growing backlog points to a strong multiyear growth runway ahead.