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Palantir Drops Despite Record Revenue; Commercial Miss Triggers Selloff
Palantir shares slipped 1.4% to $134.04 despite record quarterly revenue of $1.63B. A $10M miss in U.S. commercial revenue triggered the decline, even as the company raised 2026 guidance.
IonQ Q1 Earnings: Quantum Growth Meets Market Reality
IonQ reports Q1 earnings with revenue of $49.8M and a loss of 46 cents per share. Shares rose 2.6% to $49.26 as investors weigh growth against risks.
Kraft Heinz Q1 Sales Beat Fuels CEO's Turnaround Strategy
Kraft Heinz beat Q1 sales estimates, sending shares up 3.6%. CEO Steve Cahillane's $600M turnaround plan gets an early boost as brand investment ramps up.
CVS Health Upgrades 2026 Profit View as Aetna Cost Controls Boost Q1 Results
CVS Health raised its 2026 profit outlook after a strong Q1, with revenue topping $100 billion and Aetna's medical benefit ratio improving to 84.6%. Shares surged 9%.
Disney Beats Q2 Estimates as Streaming Profits Surge, Parks Hold Steady
Disney topped Q2 expectations with streaming profits surging 88% and parks revenue steady. New CEO Josh D'Amaro targets 12-16% EPS growth for fiscal 2026.
Coinbase Cuts 700 Jobs, Pivots to AI as Crypto Market Weakens
Coinbase will eliminate 700 jobs, or 14% of its workforce, as it restructures around AI and responds to weak crypto markets.
Intel's AI-Driven Surge Faces Pivotal Test as AMD's Forecast and Apple Talks Lift Chip Sector
Intel shares rose 6% premarket after AMD's bullish forecast and Apple's reported chipmaking talks. Data Center and AI revenue grew 22%, but net losses and stretched valuation raise questions.
Flex Shares Surge 28% on AI Data Center Spinoff Plan
Flex shares surged 28.4% premarket after announcing the spinoff of its Cloud and Power Infrastructure unit into a standalone company, targeting AI data center growth.