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BlackBerry's QNX Software Powers 275 Million Vehicles, Driving Profit Turnaround
BlackBerry's QNX software now runs in over 275 million vehicles, generating $268 million in fiscal 2026 revenue and helping the company post a $53.2 million profit.
Fiserv Joins x402 Foundation for AI-Driven Payments Ahead of Q1 Earnings
Fiserv has joined the x402 Foundation to develop open standards for automated internet payments, ahead of its Q1 earnings release on May 5 and investor day on May 14.
Arista Networks Faces Pivotal AI Earnings Test After Morgan Stanley Price Target Hike
Morgan Stanley raised its Arista Networks price target to $180 ahead of Q1 earnings on May 5. Revenue consensus is $2.62 billion with AI data center spending in focus.
ON Semiconductor Hits 52-Week High on EV Deals Ahead of Q1 Results
ON Semiconductor shares closed at a 52-week high of $103.03 ahead of Q1 earnings, boosted by electric-vehicle partnerships with Geely and NIO.
RTX Lands Major Defense Contracts as U.S. Accelerates $8.6B Middle East Arms Sales
RTX Corp. was named principal contractor in U.S.-approved $8.6B Middle East arms sales and received $1.27B in new U.S. missile contracts, fueling defense backlog growth.
Lumen Technologies Q1 Earnings Preview: AI-Driven Strategy Faces Revenue Decline
Lumen Technologies is set to report its first-quarter earnings on May 5, with expectations of a loss as the company shifts focus to AI and enterprise fiber.
McDonald's Shares Dip Ahead of Q1 Results Amid Value Menu Scrutiny
McDonald's shares dropped 2.37% to $286.64, extending losses to over 16% since early March, as investors await Q1 earnings on May 7. Analysts expect EPS of $2.75 on $6.48B revenue.
Indonesia Caps Ride-Hailing Commissions at 8%, Pressuring Grab Ahead of Earnings
Indonesia slashed the maximum commission for ride-hailing platforms to 8%, pressuring Grab (GRAB) and GoTo's Gojek ahead of Grab's Q1 earnings. Grab shares fell 3.9%.
Cloudflare's New AI Tool Launch Precedes Q1 Earnings Report
Cloudflare shares surged 6.1% on Friday after unveiling Dynamic Workflows, a developer tool for AI agents, just days before its first-quarter earnings report on May 7.
Intel's SambaNova Investment Clears Antitrust Hurdle Amid AI Chip Surge
Intel's SambaNova investment cleared U.S. antitrust review, removing a key barrier as INTC stock approaches $100 on AI demand.
Aeluma Shares Surge 9.6% Ahead of Q3 Earnings; Key Test on May 13
Aeluma shares rose 9.6% to $25.58, valuing the company at $457 million, as investors anticipate fiscal Q3 results on May 13. The focus is on commercial traction.
