GeneDx Shares Halved After Revenue Forecast Cut, Reimbursement Woes
Markets Daniel Marsh

GeneDx Shares Halved After Revenue Forecast Cut, Reimbursement Woes

GeneDx stock crashed 51% after slashing its 2026 revenue outlook, as reimbursement rates and product mix weighed on first-quarter results.

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Ballard Power Shares Surge 24% on Narrowed Q1 Loss, Positive Gross Margin
Earnings James Calloway

Ballard Power Shares Surge 24% on Narrowed Q1 Loss, Positive Gross Margin

Ballard Power Systems (BLDP) shares surged about 24% after Q1 revenue climbed 26% to $19.4M and net loss narrowed to $0.04 per share, helped by cost reductions and a positive gross margin of 14%.

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IPG Photonics Shares Sink 29% on Tariff Margin Warning Despite Sales Beat
Earnings James Calloway

IPG Photonics Shares Sink 29% on Tariff Margin Warning Despite Sales Beat

IPG Photonics shares fell 29% to $87.38 after Q1 revenue topped forecasts but earnings missed, while tariff warnings signaled continued margin compression.

IPGP
Cipher Digital Soars on $200M Credit Line and Third AI Data Center Lease
Technology Sarah Chen

Cipher Digital Soars on $200M Credit Line and Third AI Data Center Lease

Cipher Digital shares surged 16% on a $200M credit line and a third AI data center lease, offsetting a deeper Q1 loss of $114.3M.

CIFR
Eaton Shares Dip on Margin Pressure Despite Record Q1 Sales and AI Boom
Earnings James Calloway

Eaton Shares Dip on Margin Pressure Despite Record Q1 Sales and AI Boom

Eaton shares fell ~2% as record Q1 sales of $7.5B were overshadowed by margin compression and a profit outlook that fell short of estimates. AI data-center demand surged, but investors focused on costs.

ETN
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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