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AMD reports Q1 earnings beat driven by data center growth
Proactive128d agobullish
AMD reports Q1 earnings beat driven by data center growth

Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) reported first quarter results that exceeded Wall Street expectations, supported by strong growth in its data center segment, sending its shares higher after Tuesday's closing bell. The semiconductor company reported revenue of $10.3...

AMD's Q1 earnings & Q2 guidance beat Wall Street's estimates
Yahoo Finance Video128d agobullishVIDEO
AMD's Q1 earnings & Q2 guidance beat Wall Street's estimates

AMD (AMD) reported first quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.37 (compared to analyst estimates of $1.28), and revenue came in at $10.25 billion (compared to analyst estimates of $9.89 billion). Market Domination Overtime host Josh Lipton takes a closer look at the breaking numbers.

Skyworks Solutions forecasts higher revenue on strong chip demand
Reuters128d agoneutral
Skyworks Solutions forecasts higher revenue on strong chip demand

Skyworks Solutions forecast quarterly revenue above estimates on Tuesday, betting on strong ‌demand for its radio-frequency chips used in premium ‌smartphones. Shares of the Irvine, California-based company rose more than 1% ​in extended trading. Skyworks, which sells analog and mixed-signal wireless communication chips to customers across the automotive, industrial and consumer electronics sectors, is a key supplier of ‌radio-frequency components for ⁠Apple's 5G iPhones.

Freshworks to cut 11% jobs as AI reshapes software sector
Reuters128d agoneutral
Freshworks to cut 11% jobs as AI reshapes software sector

Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples ‌with an industry being reshaped by artificial intelligence. Shares of the company were ‌down around 5% in extended trading. Peer Atlassian, last month, said it would slash roughly 10% of jobs.

PayPal Q1 Earnings Call Highlights
MarketBeat128d agoneutral
PayPal Q1 Earnings Call Highlights

PayPal (NASDAQ:PYPL) executives used the company’s first-quarter 2026 earnings call to outline a broad transformation agenda that includes reorganizing around three core businesses, accelerating technology modernization, and launching a multi-year cost savings program, while reiterating full-year gu

AMD forecasts quarterly revenue above expectations as AI chip demand stays strong
Reuters128d agoneutral
AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center ‌chips as cloud providers accelerate spending on artificial intelligence infrastructure. The company ‌expects quarterly revenue of $11.2 billion, plus or minus $300 million, compared with estimates of $10.52 billion, according to ​data compiled by LSEG. AMD, long seen by analysts and investors as a leading challenger to Nvidia's dominance, is tapping into a new AI hardware opportunity in the form of central processing unit (CPU) as companies move from training models to deploying ‌them, a process known ⁠as inference.

Associated Press128d agoneutral
How major US stock indexes fared Tuesday 5/5/2026

The U.S. stock market rallied to more records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday, and Brent crude fell 4%.

Palladyne AI (PDYN) Q1 2026 Earnings Transcript
Motley Fool128d agoneutral
Palladyne AI (PDYN) Q1 2026 Earnings Transcript

It is now my pleasure to introduce your host, Brian Siegel with Hayden IR. Joining me on the call today are Ben Wolff, President and Chief Executive Officer; and Trevor Thatcher, Chief Financial Officer.

Tinder Returns to New User Registration Growth in Sign of Turnaround
Bloomberg128d agoneutral
Tinder Returns to New User Registration Growth in Sign of Turnaround

(Bloomberg) -- Match Group Inc. reported first-quarter revenue that beat analysts’ estimates as a decline in Tinder users moderated, suggesting its turnaround strategy is resonating with younger daters.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceWhite House Weighs AI Working Group, Model Testing, NYT ReportsAnthropic Unveils AI Agents

Super Micro forecasts quarterly revenue above estimates, shares climb
Reuters128d agobullish
Super Micro forecasts quarterly revenue above estimates, shares climb

Super Micro Computer on Tuesday forecast fourth-quarter revenue and adjusted profit above Wall Street estimates, ‌banking on robust demand for its artificial intelligence servers, ‌sending shares up 17% in extended trading. "With the addition of our ‌new U.S. manufacturing facilities ⁠in Silicon Valley, we are exceptionally well-positioned to meet the massive demand for various AI and ⁠enterprise verticals," CEO Charles Liang said in a statement. The company projected fourth-quarter revenue in the range of $11 billion to $12.5 billion, compared ​with analysts' ​average estimate of $11.07 billion, according ​to data compiled by LSEG.

Analyst shares stark warning on surging crypto stock
TheStreet128d agoneutral
Analyst shares stark warning on surging crypto stock

Riot Platforms (Nasdaq: HOOD) is a digital infrastructure company that made its name for Bitcoin (BTC) mining operations. But since this business is no longer profitable, the company has been selling its Bitcoin holdings and transitioning to running artificial intelligence (AI) and ...

Cipher Mining (CIFR) Q1 2026 Earnings Transcript
Motley Fool128d agoneutral
Cipher Mining (CIFR) Q1 2026 Earnings Transcript

Thomas Armstrong: Good morning, and thank you for joining us on this conference call to address Cipher Digital's business update for the first quarter of 2026. Joining me on the call today are Tyler Page, Chief Executive Officer; and Greg Mumford, Chief Financial Officer. Please also note that this conference call is the property of Cipher Digital, and any taping or other reproduction is expressly prohibited without prior consent.

See the Corporate Layoffs So Far in 2026
The Wall Street Journal128d 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.

Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years
The Wall Street Journal128d agoneutral
Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years

Pfizer Chief Executive Albert Bourla is battling impending expirations for some blockbuster-drug patents and the precipitous decline of the company's Covid franchise, but he has put a date on when the company will return to consistent growth: 2029. Bourla said Tuesday he expects Pfizer will post high-single-digit average revenue growth annually from 2029 through 2033. “Products are losing patents, and we have a clear line of sight on growth starting in '29,” Bourla said in an interview after the company reported better-than-expected first-quarter results.

KKR Says Market Distress Is Overblown
The Wall Street Journal128d agoneutral
KKR Says Market Distress Is Overblown

Managers of KKR sought to play down turmoil engulfing private-markets firms, as the New York firm beat analysts’ quarterly earnings forecasts.

107-year-old beloved burger chain closes locations
TheStreet128d agoneutral
107-year-old beloved burger chain closes locations

The fast-food burger sector has faced economic challenges over the last year that have led major chains, such as A&W Restaurants, to close locations. A significant issue for burger chains was mixed sales results over the last year. The leading fast-food burger chain is enjoying another year of ...

CPI Card Group Q1 Earnings Call Highlights
MarketBeat128d agoneutral
CPI Card Group Q1 Earnings Call Highlights

CPI Card Group (NASDAQ:PMTS) executives said the company got off to a “solid start” in 2026, reporting first-quarter revenue growth of 20% and reaffirming its full-year outlook as it continues integrating its Arroweye acquisition and investing in its technology and go-to-market initiatives. First-q

Powell Industries Q2 Earnings Call Highlights
MarketBeat128d agoneutral
Powell Industries Q2 Earnings Call Highlights

Powell Industries (NASDAQ:POWL) reported fiscal 2026 second-quarter results showing continued order momentum and a growing backlog, driven by activity across liquefied natural gas, electric utilities, and data center-related demand. Orders surge and backlog expands Chairman and CEO Brett Cope said

Palladyne AI Q1 Earnings Call Highlights
MarketBeat128d agoneutral
Palladyne AI Q1 Earnings Call Highlights

Palladyne AI (NASDAQ:PDYN) reported first-quarter fiscal 2026 revenue of $3.5 million, up 107% year-over-year, and reiterated its full-year 2026 revenue guidance of $24 million to $27 million as management pointed to a growing contract backlog and increased defense program activity. Revenue grew 10

Ocugen Q1 Earnings Call Highlights
MarketBeat128d agoneutral
Ocugen Q1 Earnings Call Highlights

Ocugen (NASDAQ:OCGN) used its first-quarter 2026 earnings call to highlight progress across its retinal gene therapy pipeline and to outline a strengthened balance sheet following a newly announced financing. Convertible notes offering and cash runway outlook Chairman, CEO, and Co-founder Dr. Shank

IPG Photonics Q1 Earnings Call Highlights
MarketBeat128d agoneutral
IPG Photonics Q1 Earnings Call Highlights

IPG Photonics (NASDAQ:IPGP) reported first-quarter 2026 results that exceeded management’s expectations, with revenue rising 17% year over year to $265 million, as improved demand—particularly tied to battery manufacturing and medical applications—supported growth, executives said on the company’s e