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Hertz Launches Oro Mobility for Uber Robotaxi Fleet; Shares Jump 20%
Hertz shares surged 20% after launching Oro Mobility to manage Uber's robotaxi and human-driven fleets, starting with Lucid vehicles using Nuro self-driving tech in San Francisco.
Royal Caribbean Beats Q1 Estimates, Fuel Costs Trim 2026 EPS View
Royal Caribbean beat Q1 earnings estimates but trimmed its 2026 adjusted EPS outlook to $17.10-$17.50, citing higher fuel costs. Shares rose 8.7% after a rebound in bookings.
Xerox Stock Jumps 43% on Q1 Beat, Lexmark Debt Looms
Xerox shares soared 43% on Q1 revenue of $1.85B, beating forecasts thanks to Lexmark. But a net loss of $105M and rising interest expenses highlight ongoing challenges.
Ford Boosts 2026 Outlook with $1.3B Tariff Refund, F-150 Woes Linger
Ford raised its 2026 adjusted EBIT outlook to $8.5-$10.5 billion after a $1.3 billion tariff refund, though F-150 production fell 12% and aluminum costs remain a concern.
Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.
Quanta Services Soars on Record Backlog and Raised Guidance
Quanta Services shares jumped $71.30 to $699.90 after Q1 earnings beat and raised 2026 guidance, powered by a record $48.5 billion backlog.
Retiree's $4M S&P 500 Claim Ignites Social Security Debate Ahead of 2033 Trust Fund Depletion
A retiree's assertion that Social Security taxes could have yielded $4M in the S&P 500 reignites debate as the OASI trust fund is projected to run dry by 2033, covering just 77% of benefits.
Everspin Technologies Stock Soars on $40M Defense MRAM Contract
Everspin Technologies shares jumped 38% after landing a $40 million defense deal for Toggle MRAM technology, with revenue set to bolster its on-shore manufacturing push.
Huachen AI Parking Shares Surge 135% Amid Thin Float and Nasdaq Compliance Concerns
Huachen AI Parking shares surged up to 135% on heavy volume, with no company news. The rally follows a 1-for-30 reverse split to meet Nasdaq's minimum bid-price requirement, highlighting the stock's tiny float and volatility risks.
Altria Shares Surge 7% on Q1 Earnings Beat Amid Price Hikes
Altria shares rose 7% after Q1 earnings beat estimates, driven by price hikes that offset a 2.4% drop in cigarette shipments.
Mastercard Beats Q1 Estimates but April Cross-Border Weakness Weighs on Stock
Mastercard beat Q1 earnings and revenue estimates, but a slowdown in April cross-border volume growth triggered a 2.7% stock decline.
Viavi Solutions Soars 20% on Strong Earnings, AI Data Center Demand
Viavi Solutions shares jumped about 20% after fiscal Q3 revenue rose 42.8% to $406.8 million, beating estimates, driven by AI data center and aerospace demand.