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Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand
Reuters131d agoneutral
Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand

Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, betting ‌on resilient demand for its chips ‌as the automotive industry recovers. The forecast underscores the rebound in ​demand for Onsemi's silicon carbide chips that are critical for extending the range of electric vehicles. "We exceeded expectations as demand strengthened through the ‌quarter and we ⁠have moved beyond the cyclical trough on a path to recovery," said ⁠CEO Hassane El-Khoury.

'Nobody's doing AI better than Palantir': Earnings takeaways
Yahoo Finance Video131d agoneutralVIDEO
'Nobody's doing AI better than Palantir': Earnings takeaways

Palantir (PLTR) beat first quarter estimates, posting adjusted earnings of $0.33 per share (vs. expectations of $0.28) and revenue of $1.63 billion (vs. expectations of $1.54 billion). Futurum chief market strategist Shay Boloor joins Yahoo Finance to discuss the results.

ServiceNow CEO sends blunt message on acquisitions
TheStreet131d agoneutral
ServiceNow CEO sends blunt message on acquisitions

Wall Street has been watching ServiceNow closely. The enterprise software giant has gone on a buying spree, snapping up the artificial intelligence firms Moveworks, Veza, and Armis in quick succession. Some investors wondered whether the company was papering over a growth gap. ServiceNowCEO ...

Pinterest Stock Jumps. Its Outlook Is Upbeat.
Barrons.com131d agobullish
Pinterest Stock Jumps. Its Outlook Is Upbeat.

Adjusted earnings were 27 cents a share. Analysts were expecting earnings of 23 cents a share. In January, Pinterest disclosed that is was laying off “less than 15%” of its workforce in a regulatory filing.

Think AI Spending Won’t Stoke Inflation? This Time Could Be Different.
Barrons.com131d agoneutral
Think AI Spending Won’t Stoke Inflation? This Time Could Be Different.

Big tech spending on artificial intelligence is set to soar past $1 trillion next year as companies race to secure their place in the queue of the world’s hottest technology. The upshot of all that spending, however, is a likely boost to inflation prospects, which are already rising from oil and energy prices tied to the U.S. war with Iran and the on again, off again nature of tariffs put in place by President Donald Trump. “There is a regime shift underway in technology goods inflation,” said Stifel research analyst Thomas Carroll, who notes that 2026 “marks the first time in 65 years that tech goods prices are rising faster than wages.”

Investing.com131d agobullish
Pinterest stock rallies 16% as quarterly results reveal a surge in both profit

Investing.com -- Pinterest Inc (NYSE:PINS) reported first-quarter results that exceeded Wall Street expectations, with adjusted earnings per share of $0.27 beating the analyst estimate of $0.23 by $0.04. Revenue reached $1.01 billion, surpassing the consensus estimate of $965.44 million and marking an 18% increase from $855 million in the same quarter last year.

Net Seller—Heard on the Street Recap
The Wall Street Journal131d agobearish
Net Seller—Heard on the Street Recap

Oil prices rose sharply and major stock indexes fell as military tensions escalated in the Strait of Hormuz. Fighting in the Iran war flared for the first time in weeks, and strikes on a crucial United Arab Emirates oil port and several ships tested a shaky cease-fire. Futures for Brent crude, the international benchmark, rose 6% to about $114 a barrel.

Associated Press131d agoneutral
How major US stock indexes fared Monday 5/4/2026

U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran. The S&P 500 fell 0.4% Monday, coming off its latest all-time high. The Dow Jones Industrial Average dropped 1.1%, and the Nasdaq composite slipped 0.2%.

Evolus (EOLS) Q2 2025 Earnings Call Transcript
Motley Fool131d agoneutral
Evolus (EOLS) Q2 2025 Earnings Call Transcript

David Moatazedi: Thank you, Nareg, and good afternoon, everyone. Internationally, the business continues to deliver strong performance and is increasingly contributing to our growth trajectory as we expand our global footprint in key markets.

Beaten-Down Pinterest Stock Jumps After Posting Strong Ad Growth, Upbeat Sales Forecast
Investor's Business Daily131d agobullish
Beaten-Down Pinterest Stock Jumps After Posting Strong Ad Growth, Upbeat Sales Forecast

Pinterest stock jumped late Monday after the social media company reported first-quarter results that beat expectations, with revenue sharply ahead of prior forecasts. Pinterest said that it earned an adjusted 27 cents per share for the March-ended quarter, up 17% from a year earlier. For the current quarter, Pinterest guided for sales of $1.14 billion at the midpoint of its given range.