Most investors see a stock drop 13% after a bad earnings report and walk away. One of the most closely watched portfolio managers in the market saw the same setup and moved in the opposite direction. What Cathie Wood's ARK Invest did the very next morning is the kind of move that forces the market ...
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Charles Schwab’s market update Wednesday morning landed on a single piece of guidance for clients heading into the Fed decision: “Traders need to be really careful here, in my view.” The caution makes sense. The Federal Open Market Committee is widely expected to pause in the 3.5% to 3.75% range for the third consecutive meeting, ... ‘Traders Need to Be Really Careful Here’: Schwab on the Fed Decision and Powell’s Uncertain Future
Vale (NYSE:VALE) reported first-quarter 2026 results marked by higher iron ore volumes, stronger price realization and a sharp step-up in earnings from its Base Metals business, while executives emphasized ongoing cost discipline, shareholder returns and continued progress on safety and decarbonizat
McDonald's most impressive feat is not that it rose to the top of the fast-food chain; it's that it managed to stay there. The chain was founded in 1940, but its true rise to prominence came in the 1970s. It was a simple model based on offering hot food quickly with an experience that was the same ...
Eli Lilly’s first-quarter report gave Wall Street another reason to stay optimistic about one of the market’s biggest pharmaceutical winners, even as analysts continue to weigh how much growth is already priced into the stock. Bank of America reiterated its Buy rating on Eli Lilly and set a $1,133 ...
Trane Technologies (NYSE:TT) reported what Chair and CEO Dave Regnery called “another strong quarter,” highlighted by a surge in bookings and a record backlog that management said provides visibility into faster growth later in 2026. On the company’s Q1 2026 earnings call, executives also raised ful
To hear the big bosses at Exxon Mobil and Chevron, the end of the Iran war won't bring an immediate major drop in oil prices, much less gasoline prices. Worse, it's not clear to Exxon's Darren Woods and Chevron's Mike Wirth are how fast the disruptions in the Persian Gulf can be unwound and traffic ...
The headlines blame the spending plan. But I think there's an even bigger concern.
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
Consumer discretionary names live or die on whether households feel comfortable opening their wallets, and right now those signals are flashing in opposite directions. Right now those signals are crossing in unusual directions: the University of Michigan Consumer Sentiment Index sits at 53.3 in March 2026, deep in what economists treat as recessionary territory, yet ... Amazon and Tesla Drive One-Third of FDIS as U.S. Spending Surges Despite Recession-Level Sentiment
(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile soared to its highest level ever and operating earnings jumped in Greg Abel’s first quarter as chief executive officer.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 Casts Doubts on Iran Peace Proposal as Details EmergeAfter a sl
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 ...
(Bloomberg) -- First-quarter earnings season is delivering Wall Street better-than-expected results, propelling US equities’ run from one record to the next.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Thousands Evacuated as Mayon Volcano EruptsIran Juggles Oil Cuts and Storage Strain to Resist US BlockadeAs earnings wind dow
Powell's tenure at the Fed began with a volatility shock. It's ending with a monster cross-asset rally.
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.
LyondellBasell Industries NV (LYB) reports a nearly 50% EBITDA improvement, driven by strategic asset sales and operational excellence, despite geopolitical disruptions.