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Investing.com129d agobullish
PayPal tops estimates as revenue climbs 7%

Investing.com -- PayPal Holdings, Inc. (NASDAQ:PYPL) reported first-quarter results that exceeded analyst expectations on both revenue and earnings. The company's shares are up 3.2% premarket.

The Stock Market Flashed This Warning Only Once Before. What Comes Next Isn’t Pretty
24/7 Wall St.129d agoneutral
The Stock Market Flashed This Warning Only Once Before. What Comes Next Isn’t Pretty

The stock market keeps climbing, even as investors wrestle with sticky inflation, elevated interest rates, and slowing earnings growth. The S&P 500 has returned over 26% over the past 12 months, driven largely by artificial intelligence enthusiasm and a small group of mega-cap technology stocks. But beneath the rally sits a number that deserves attention ... The Stock Market Flashed This Warning Only Once Before. What Comes Next Isn’t Pretty

Investing.com129d agoneutral
Coinbase shares gain following 14% workforce cut

Investing.com -- Coinbase Global shares are trading over 4% higher in premarket trading on Tuesday after the cryptocurrency exchange announced a restructuring plan involving significant workforce cuts.

ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading
InvestorsHub129d agobullish
ON Semiconductor Beats Estimates but Shares Slip in Premarket Trading

ON Semiconductor Corporation (NASDAQ:ON) reported quarterly results on Monday that exceeded expectations on both revenue and earnings, while also issuing stronger-than-forecast guidance for the current quarter. Despite this, the stock declined around 4% in premarket trading on Tuesday.

Alphabet taps euro bond market with six-tranche offering amid AI spending surge
Reuters129d agobullish
Alphabet taps euro bond market with six-tranche offering amid AI spending surge

Alphabet on Tuesday disclosed that it was selling euro-denominated bonds across six tranches, months ‌after it raised about $32 billion in debt by ‌tapping the dollar, sterling and Swiss franc markets. The Google parent is selling ​at least 3 billion euro ($3.5 billion) in bonds, Bloomberg News reported, citing a person with knowledge of the matter. Google did not immediately respond to a Reuters request for comment.

Shopify Operating Profit Light As Revenue Edges By Estimates. Shares Fall.
Investor's Business Daily129d agobearish
Shopify Operating Profit Light As Revenue Edges By Estimates. Shares Fall.

Shopify on Tuesday reported first quarter operating profit that missed consensus estimates while revenue edged by views. Shopify stock tumbled as investors mulled guidance and the size of the revenue beat. Canada-based Shopify reported March quarter earnings before the market open.

PayPal Stock Rises After Earnings. New CEO Is Off to a Good Start.
Barrons.com129d agobullish
PayPal Stock Rises After Earnings. New CEO Is Off to a Good Start.

Shares of PayPal rose Tuesday after the company reported better-than-expected quarterly earnings. The payments giant reported adjusted earnings of $1.34 a share for the first quarter, up from $1.33 a year ago and ahead of analysts’ consensus estimate of $1.27, per FactSet. PayPal stock jumped 3.1% in premarket trading.

Tech Weekly: Amazon challenges logistics giants, robotic bag handlers
Reuters Videos129d agoneutralVIDEO
Tech Weekly: Amazon challenges logistics giants, robotic bag handlers

<body><p>STORY: From Amazon's FedEx challenge to robotic bag handlers at airports... this is Tech Weekly.</p><p>:: Tech Weekly</p><p>Amazon.com has moved into the business of UPS and FedEx with its so-called "Amazon Supply Chain Services".</p><p>The firm has given other businesses access to its supply chain network that has powered the e-commerce giant’s operation for decades.</p><p>The move could make it a key logistics player and intensify competition on pricing and speed.</p><p>It has already signed up Procter & Gamble, 3M and American Eagle Outfitters.&nbsp;</p><p>///</p><p>A Chinese robotics startup is seeking a $6 billion valuation in its next financing round.</p><p>Linkerbot is the global market leader in highly dexterous robotics hands for humanoids.</p><p>The firm said it focuses on the skills of top artisans, which its CEO calls 'dexterous craft'.&nbsp;</p><p>The hands can already turn screws fast, pick up soft items, thread a needle, and do precise factory work.</p><p>///</p><p>Japanese baggage handlers are due to be joined by robotic colleagues at Tokyo's Haneda Airport.</p><p>It's part of a two-year trial of the technology by Japan Airlines.</p><p>The humanoid robots aim to contribute to tasks like baggage handling and cleaning aircraft cabins.</p><p>Japan Airlines said in a statement about the initiative the aero sector faces the duel challenges of an aging and shrinking workforce, and a higher workload.</p><p>///&nbsp;</p><p>Scientists from Project CETI have built an underwater robot to listen in to sperm whale conversations.</p><p>The creatures click to communicate in bursts of sound that can travel huge distances.</p><p>David Gruber is project CEO and explained how the robot worked.</p><p>"So it essentially is like a fully autonomous vehicle, kind of like a Waymo car, that's making decisions and being able to stay, even though it moves quite slowly, stay with whales for long periods of time. It allows us to get these longer term data sets."&nbsp;</p><p>The system could potentially show how the whales react to human-made noise and activity and how it affects them.</p><p>///</p><p>And a humanoid robot called Sophia performed with a live orchestra in AI-themed concert in Hong Kong</p><p>"Even though I don't experience emotions the same way humans do, I want to simulate that connection as authentically as I can."</p><p>Sophia was first unveiled by the Hong Kong-based Hanson Robotics ten years ago and she's even sung on "The Tonight Show Starring Jimmy Fallon".</p><p>But this was the first time Sophia had appeared with a live orchestra.</p><p>She performed three songs overall.</p></body>

Pfizer Stock Edges Higher as Earnings and Revenue Beat Estimates
Barrons.com129d agobullish
Pfizer Stock Edges Higher as Earnings and Revenue Beat Estimates

Pfizer shares rose slightly in premarket trading after the company delivered a first-quarter earnings beat and reaffirmed its full-year outlook. The drugmaker posted adjusted earnings of 75 cents a share, ahead of the 72 cents Wall Street had forecast. Pfizer reaffirmed its full-year guidance, which it initially provided in December.

PayPal Earnings, Revenue Beat Under New CEO. Company Aims To Cut $1.5 Billion In Costs.
Investor's Business Daily129d agobullish
PayPal Earnings, Revenue Beat Under New CEO. Company Aims To Cut $1.5 Billion In Costs.

PayPal Holdings on Tuesday reported first-quarter earnings and revenue under a new chief executive that topped Wall Street consensus estimates. PayPal stock rose as the company announced a $1.5 billion cost reduction program over the next two to three years. PayPal earnings for Q1 rose 1% to $1.34 per share on an adjusted basis.