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Generac Surges on Raised 2026 Outlook as Data Center Demand Drives Growth
Generac raised its 2026 outlook after Q1 net sales rose 12%, driven by data center demand. Shares jumped 11% as adjusted EPS of $1.80 topped estimates.
Lemonade Surges on Q1 Revenue Beat, Lifts 2026 Guidance
Lemonade shares jumped 5.6% premarket after Q1 revenue surged 71% to $258M, beating estimates. The company raised its 2026 revenue outlook to $1.203B and narrowed its net loss.
Biogen Lowers 2026 Profit View Despite Q1 Beat; Leqembi Sales Soar 74%
Biogen lowered its 2026 adjusted earnings outlook to $14.25-$15.25 per share after Q1 results topped estimates. Leqembi sales jumped 74% to $168M globally.
Visa Shares Surge on Strong Earnings, Raised Forecast, and $20B Buyback
Visa shares jumped 5% premarket Wednesday after the company beat profit estimates, raised its full-year outlook, and announced a $20 billion buyback. Payments volume rose 9% and cross-border volume 12%, signaling resilient consumer spending.
Regeneron Q1 Results Top Estimates, Eylea Challenges Loom
Regeneron reported strong Q1 results with revenue up 19% and earnings above estimates, but Eylea sales declined and an FDA delay on a new syringe manufacturer weighs on shares.
Citi's $52 Million Hire Faces New Questions Ahead of Investor Day
Citigroup's high-profile $52 million hire of Vis Raghavan is under new scrutiny after reports he was ousted from JPMorgan amid years of complaints, just ahead of Citi's May 7 investor day.
Humana Shares Slide Despite Q1 Earnings Beat as Medicare Advantage Challenges Persist
Humana beat Q1 profit estimates but shares fell over 6% premarket as it kept its 2026 outlook unchanged and cut GAAP guidance, citing Medicare Star Ratings headwinds.
Bloom Energy Surges on Q1 Profit, Oracle AI Data Center Deal
Bloom Energy reported a 130% revenue surge to $751.1M in Q1, swinging to a $70.7M profit, and raised its 2026 forecast. Oracle's AI data center project will use up to 2.45 GW of Bloom fuel cells.
BigBear.ai Surges 10% Ahead of Q1 Earnings as AI Sector Faces Headwinds
BigBear.ai shares surged 10.46% on heavy volume ahead of its Q1 earnings report, as investors assess the defense AI firm's contract wins and the impact of broader AI sector weakness.
KPMG Exits Federal Audit After Losing Pentagon Contract
KPMG will wind down its US federal audit unit after losing a $60 million Pentagon contract, reassigning over 450 employees. The Pentagon is consolidating audits to achieve a clean opinion by 2028.
Seagate Soars on AI Storage Demand, Lifting Sector
Seagate forecast Q4 revenue of $3.45B and EPS of $5.00, beating estimates. Shares jumped 18% premarket, lifting sector peers.