Seagate (STX) stock soars 10% after crushing Q3 earnings. Rosenblatt sets $1,000 price target while BofA raises to $840 on strong AI-driven demand.
Browsing: News
Eli Lilly (LLY) reports Q1 2026 earnings Thursday. Analysts forecast 36.8% revenue growth as stock underperforms pharma peers by 12.3% this month.
NIO stock jumped 8.7% in Hong Kong after unveiling the Onvo L80 SUV at a competitive price point targeting Tesla’s Model Y market in China.
Enphase Energy (ENPH) dropped 11% after Q1 results showed weak U.S. solar demand and declining margins despite beating earnings forecasts.
Bullish (BULL) deploys 250 Bitcoin worth $19.2M into Mezo Prime, a Bitcoin yield platform designed for institutional investors with isolated custody.
Yum! Brands (YUM) stock rises 2.5% after surpassing Q1 estimates. Taco Bell leads with 8% same-store sales growth while Pizza Hut’s outlook remains cloudy.
Uber partners with Expedia to add hotel bookings to its app. Uber One members save 20% on 10K+ hotels and earn 10% credits. Vrbo coming later in 2026.
Etsy (ETSY) stock surges 11% after Q1 revenue beats estimates at $631.3M and marketplace sales grow for the first time in over two years.
Western Digital (WDC) stock rallied ~10% Wednesday as Seagate’s earnings beat reassured investors on AI storage demand ahead of WDC’s April 30 report.
General Dynamics (GD) stock rallied 10% after beating Q1 estimates with $4.11 EPS and $13.5B revenue. Marine Systems revenue jumped 21% on submarine demand.
Teradyne (TER) stock dropped 15% despite record Q1 earnings beating estimates by 23%. Investors focused on soft Q2 guidance and margin outlook concerns.
Stock markets declined Wednesday as investors awaited earnings from tech giants and the Federal Reserve’s policy decision with Chair Jerome Powell.
Intel (INTC) stock soars after crushing Q1 earnings expectations with $0.29 EPS. Data center revenue up 22% as CPUs gain traction in AI infrastructure.
Starbucks (SBUX) shares surged 6.8% after Q2 earnings of $0.50 beat estimates. U.S. comp sales rose 7.1% with first traffic growth in three years.
Arm Holdings (ARM) reports Q4 earnings May 6. Stock down 8% but up 80% YTD. Wells Fargo raises target to $220. Analysts expect $0.58 EPS on $1.47B revenue.