S&P 500 earnings jump 27.1% in Q1 2026 as Big Tech beats estimates, but AI spending concerns spark investor caution. 128 companies report this week.
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Riot Platforms (RIOT) stock jumped 7% after Q1 earnings showed $167.2M revenue with new data center unit contributing $33.2M in first quarter.
Zscaler (ZS) rallied 7% on May 1 amid positive SaaS sector momentum from Atlassian and Twilio, despite a price target cut from Citizens to $210.
Palantir (PLTR) reports Q1 2026 earnings May 4. Analysts forecast $0.28 EPS (up 115% YoY) and $1.54B revenue. Stock down 20% YTD—is it a buy?
Wolfspeed (WOLF) surged 24.6% to a 52-week high after refinancing $476M in debt, but analysts maintain a ‘Reduce’ rating with a $14.33 price target.
Stryker (SYK) Q1 earnings missed estimates with $6.02B revenue and $2.60 EPS after a March cyberattack disrupted operations. Stock fell 2% after-hours.
AMD reports Q1 2026 earnings Tuesday with analysts expecting $9.88B revenue and $1.28 EPS. Options traders anticipate an 8% swing as AI demand accelerates.
SoundHound AI (SOUN) stock rallied 20% after Twilio’s voice AI earnings beat expectations. SOUN reports Q1 results Thursday with analysts eyeing growth.
Salesforce (CRM) jumped 3.22% as AI reporting structure, Barclays top pick status, and Google Cloud partnership drove investor confidence.
Nebius (NBIS) stock jumped 11.76% after revealing plans to acquire Eigen AI for $643M, boosting its inference platform and establishing a Bay Area hub.
GameStop (GME) is preparing a takeover bid for eBay, sending both stocks higher. CEO Ryan Cohen aims to build a $100 billion retail giant.
Spirit Airlines (SAVE) permanently shuts down after a $500M government bailout collapsed due to disagreements and skyrocketing fuel costs.
Berkshire Hathaway (BRK.B) posts Q1 2026 earnings with $11.35B operating profit and record $397.4B cash under new CEO Greg Abel’s leadership.
ARK Invest purchased Meta and Alphabet shares while selling $58M in AMD stock ahead of earnings. See why Cathie Wood made these portfolio changes.
JPMorgan forecasts stablecoin market cap will reach only $500-600B by 2028, not trillions, despite $17.2T annual transaction volume due to high velocity.