Fiserv Shares Tumble on Revenue Miss; 2026 Targets Face Scrutiny
Earnings James Calloway

Fiserv Shares Tumble on Revenue Miss; 2026 Targets Face Scrutiny

Fiserv shares slid nearly 10% after Q1 adjusted revenue missed estimates, with organic sales down in both Merchant and Financial Solutions. Management kept its 2026 outlook, but margin pressure and competitive headwinds raise doubts.

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Earnings James Calloway

Western Digital Surges on AI Storage Demand, Dividend Hike

Western Digital shares rose 6% to $469.44 after fiscal Q3 revenue surged 45% to $3.34 billion, beating estimates. AI-driven cloud storage demand and a 20% dividend hike boosted sentiment.

WDC
BMO Expands AI Payments Tool to Boost Mid-Market Sales
Technology Sarah Chen

BMO Expands AI Payments Tool to Boost Mid-Market Sales

Bank of Montreal is expanding its AI-driven payments tool to mid-market clients, leveraging Codat's technology to boost card usage and sales efficiency. A Canadian pilot is planned.

BMO
Cloudflare Stock Surges on Forrester Edge Platform Recognition Ahead of Earnings
Earnings James Calloway

Cloudflare Stock Surges on Forrester Edge Platform Recognition Ahead of Earnings

Cloudflare shares rose 7.9% after Forrester named it a leader in edge development platforms, ahead of its May 7 earnings report.

NET
Fastly Stock Jumps 15% on AI Cloud Optimism Ahead of Q1 Earnings
Earnings James Calloway

Fastly Stock Jumps 15% on AI Cloud Optimism Ahead of Q1 Earnings

Fastly shares rose 15% to $31.66 on Tuesday, extending its 2026 rally ahead of Q1 earnings. The surge followed strong AI cloud results from DigitalOcean.

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Lam Research Hits Record High on AI Chip Demand Despite China Risks
Technology Sarah Chen

Lam Research Hits Record High on AI Chip Demand Despite China Risks

Lam Research shares surged over 7% to a record high on AI-driven demand and a Buy rating from Seaport Global, though China export risks persist.

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Dow Rebounds as Oil Slide Offsets Strait of Hormuz Jitters
Markets Daniel Marsh

Dow Rebounds as Oil Slide Offsets Strait of Hormuz Jitters

The Dow gained 265 points as falling oil prices and strong earnings from Caterpillar, 3M, and DuPont lifted markets, despite ongoing geopolitical risks.

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Nasdaq Hits Record as Oil Pulls Back, Earnings Boost Wall Street
Markets Daniel Marsh

Nasdaq Hits Record as Oil Pulls Back, Earnings Boost Wall Street

The Nasdaq composite reached a record high Tuesday as tech stocks surged, crude oil prices fell, and strong corporate earnings buoyed Wall Street.

AAPL INTC AMD DD ADM PINS SPY QQQ USO GLD
Lumentum Shares Surge as Analysts Boost Targets Ahead of Earnings
Technology Sarah Chen

Lumentum Shares Surge as Analysts Boost Targets Ahead of Earnings

Lumentum shares rose 4% to $1,016 as analysts raised price targets ahead of fiscal Q3 earnings, with the stock up 1,444% over the past year.

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Regulation James Calloway

POET Technologies Stock Surges on Securities Lawsuit Over Canceled Marvell Order

POET Technologies shares surged 30% after a securities class action was filed over disclosure of canceled Marvell purchase orders.

POET MRVL
Sterling Infrastructure Surges on Data Center Demand, Revenue Jumps 92%
Earnings James Calloway

Sterling Infrastructure Surges on Data Center Demand, Revenue Jumps 92%

Sterling Infrastructure shares surged nearly 47% after Q1 revenue soared 92% to $825.7 million, driven by data center and semiconductor projects. The company raised its 2026 revenue forecast to up to $3.8 billion.

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DigitalOcean Shares Surge 36% on Raised Revenue Forecasts Driven by AI Cloud Demand
Technology Sarah Chen

DigitalOcean Shares Surge 36% on Raised Revenue Forecasts Driven by AI Cloud Demand

DigitalOcean shares soared 36% after lifting its 2026 and 2027 revenue outlook, citing surging AI workload demand and larger customer deals. Q1 revenue climbed 22% to $258 million.

DOCN