Veeco Instruments (NASDAQ:VECO) reported first-quarter fiscal 2026 results within its guidance ranges and highlighted what executives described as rising multi-year demand tied to artificial intelligence infrastructure, particularly in silicon photonics and advanced packaging. Revenue for the quart
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Upstart (NASDAQ:UPST) reported strong first-quarter 2026 growth while reiterating full-year guidance, as newly appointed CEO Paul Gu and newly hired CFO Andrea Blankmeyer emphasized a strategy centered on capital-efficient expansion, improving AI-driven underwriting, and scaling newer lending produc
Customer obsession, operational excellence and disciplined capital allocation have guided us since our inception, and they're the same principles guiding us through this period. As we shared previously, January marked the low point in our Product Commerce revenue growth rate. The customer behavior we've seen since the data incident reinforces this.
Stack Infrastructure, a data centre firm owned by Blue Owl Capital, is considering its options, including a sale of its Asia operations in a deal valued at more than $30 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Stack and Blue Owl did not immediately respond to a request for comment outside of business hours. The potential sale comes after Blue Owl told investors in April that it was limiting withdrawals from two of its funds after a historic level of redemption requests came in for the first quarter.
South Korea’s Kospi soared nearly 7% to a fresh record on Wednesday as Samsung Electronics' stock jumped nearly 13% in a rally driven by expectations of strong growth in artificial intelligence and hopes for progress in ending the U.S.-Iran war. Shares in SK Hynix, another major Korean computer chipmaker, shot up 10% early Wednesday. Both Samsung and SK Hynix are major manufacturers of the computer chips vital for AI applications.
South Korea's Kospi soars nearly 7% to fresh records as Samsung Electronics stock jumps nearly 13%.
TransMedics Group (NASDAQ:TMDX) reported first-quarter 2026 revenue of $174 million, up about 21% year over year and 8% sequentially, as the company continued to expand adoption of its Organ Care System (OCS) platform and its National OCS Program (NOP) logistics model while increasing investment in
Tempus AI (NASDAQ:TEM) reported first-quarter 2026 revenue of $348.1 million, up a little over 36% year over year, as the company posted growth across both its diagnostics and data and applications segments and raised its full-year outlook. Founder and CEO Eric Lefkofsky said diagnostics revenue ca
Skyworks Solutions (NASDAQ:SWKS) reported fiscal second-quarter 2026 results that came in above its guidance, citing strength in both its mobile business and broad markets portfolio. Management also highlighted a “significant multi-generational design win” with a leading Android OEM, new product int
Talen Energy (NASDAQ:TLN) reported first-quarter 2026 results that management said reflected strong operational performance through winter weather events, continued tightening in PJM power markets, and the early benefits of recent acquisitions. The company also reaffirmed its 2026 guidance, outlined
SSR Mining executives highlighted a “strong and productive start to the year” during the company’s first-quarter 2026 earnings call, emphasizing strong free cash flow generation, a debt-free balance sheet, and progress toward a major portfolio shift following the announced sale of the Çöpler mine in
Super Micro Computer (NASDAQ:SMCI) reported fiscal third-quarter 2026 results marked by sharp year-over-year growth, a sequential revenue decline tied to customer site readiness delays, and a notable rebound in gross margin. The company also addressed a recent U.S. Department of Justice indictment i
Last month, Tesla took the first step towards getting Full Self-Driving (Supervised) approved across the European Union, following the Netherlands' approval of its use on its streets. Getting a foot in the door was supposed to be the hardest part of the process, because once one of the economic ...
May 6 (Reuters) - Indian shares are set to open higher on Wednesday, aided by a drop in oil prices after U.S. President Donald Trump indicated a possible peace deal with Iran may be reached.
For months, the oil shock from the Strait of Hormuz closure has played out mostly in futures markets. Prices have surged. Traders have repositioned. But the physical barrels have kept moving, at least for now. The CEO of one of the world's largest oil companies just said that window is closing. ...
Devon reported lower-than-expected first-quarter earnings despite strong oil production and free cash flow generation as the shale producer prepares to close its merger with Coterra Energy.
Schrodinger (NASDAQ:SDGR) reported first-quarter 2026 results and highlighted progress in its transition to hosted software licensing, growth in annual contract value (ACV), and recent business development activity tied to its drug discovery collaborations. First-quarter metrics and hosted transiti
Navitas Semiconductor (NASDAQ:NVTS) reported first-quarter 2026 results that management said marked “another quarter of solid progress” in its ongoing shift toward higher-power markets, with revenue returning to sequential growth and high-power applications making up a larger share of the business.
Fastly Inc. (NASDAQ:FSLY) is one of the 10 Stocks Turning Heads With Double-Digit Gains. Fastly grew its share prices by 17.72 percent on Tuesday to close at $32.36 apiece, as investors loaded portfolios ahead of the results of its first quarter earnings performance, which came shortly after market close. Earlier, the company announced targets of […]
Halozyme Therapeutics (NASDAQ:HALO) stockholders elected two Class I directors and approved several governance items at the company’s annual meeting, while President and CEO Helen Torley highlighted 2025 execution, recent acquisitions, new commercial agreements, and updated financial guidance. Stoc
Strategy (NASDAQ:MSTR) executives emphasized an expanded set of capital markets “levers” and a continued focus on growing Bitcoin per share during the company’s first quarter 2026 earnings webinar, while noting that reported results were dominated by quarter-end Bitcoin price moves. Quarter results
Mercury Systems (NASDAQ:MRCY) reported third-quarter fiscal 2026 results that exceeded management’s expectations, driven by stronger-than-planned backlog conversion, record bookings, and year-over-year margin expansion. Chairman and CEO Bill Ballhaus said the quarter reflected “strong demand signals
Lumentum (NASDAQ:LITE) reported what President and CEO Michael Hurlston described as an “exceptional” fiscal third quarter of 2026, with revenue rising 90% year-over-year to a record $808 million, driven primarily by transceivers and laser chips. The company also posted significant profitability gai
Record-setting top-line growth couldn't keep the AI data and analytics company's stock from sliding, and these forward-looking metrics help explain why.
The market capitalisation of Samsung Electronics' common stock surpassed $1 trillion on Wednesday, making it the second Asian company after TSMC to reach the milestone. Samsung Electronics, the world's top memory chipmaker, saw its market value reach 1,500 trillion won ($1.03 trillion) in early trading in Seoul on Wednesday, tracking sharp gains of AI-related stocks in the U.S. overnight. Shares of the South Korean chip giant were up 12% at 09:52 a.m.
Company bosses are splitting into two camps over what the technology’s best, immediate benefits are. Neither calls for more hiring anytime soon.
Lucid Group (NASDAQ:LCID) executives emphasized an expanded autonomy partnership, new financing, and a renewed focus on cost and execution during the company’s first-quarter 2026 earnings call, while also suspending prior guidance as incoming CEO Silvio Napoli begins a review of the business. Leade
The Hackett Group (NASDAQ:HCKT) reported first-quarter 2026 results that reflected what management described as ongoing macro-driven demand pressure and “elongated client decision cycles” tied in part to uncertainty around AI return on investment. Company leaders also emphasized that Hackett is in t
Pan American Silver (PAAS) delivered earnings and revenue surprises of +2.59% and -7.38%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Hecla Mining (HL) delivered earnings and revenue surprises of -11.11% and -13.22%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?