Robinhood Shares Drop on Q1 Miss as Crypto Revenue Plunges
Earnings James Calloway

Robinhood Shares Drop on Q1 Miss as Crypto Revenue Plunges

Robinhood shares fell ~10% premarket after Q1 profit and revenue missed estimates, dragged by a 47% plunge in crypto revenue to $134M.

HOOD
Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk
Crypto Sarah Chen

Dogecoin Surges Past $0.10, But Rising Leverage Poses Reversal Risk

Dogecoin rallied 10.9% to $0.1101, clearing the $0.10 resistance, but a 33% jump in futures open interest raises the risk of a sudden sell-off.

IBIT
SoFi Q1 2026: Revenue Soars 41% to Record High, Lending Drives Growth
Earnings James Calloway

SoFi Q1 2026: Revenue Soars 41% to Record High, Lending Drives Growth

SoFi Technologies delivered record Q1 revenue of $1.087B, up 41% YoY, with net income surging to $166.7M. Lending originations jumped 68% to $12.18B, though tech platform revenue fell 27%.

SOFI
Nasdaq Futures Lead as Tech Earnings and Fed Decision Loom
Markets Daniel Marsh

Nasdaq Futures Lead as Tech Earnings and Fed Decision Loom

Nasdaq 100 futures climbed 98.75 points by 6:50 a.m. EDT Wednesday, leading gains as traders eye key tech earnings and a Federal Reserve rate decision.

AMZN META MSFT GOOGL HOOD SCHW V SBUX NXPI
JSE Edges Lower as Rand Weakens Ahead of Fed Rate Decision
Markets Daniel Marsh

JSE Edges Lower as Rand Weakens Ahead of Fed Rate Decision

South African stocks slipped Wednesday, with the JSE All Share down 0.28% and the rand weakening to 16.5550/USD as investors trimmed risk ahead of the Fed's rate decision.

GLD SLV USO UNG EEM
NZX 50 Edges Higher as Fisher & Paykel and Utilities Offset Travel and Dairy Weakness
Markets Daniel Marsh

NZX 50 Edges Higher as Fisher & Paykel and Utilities Offset Travel and Dairy Weakness

New Zealand's S&P/NZX 50 managed a slight gain on Wednesday, rising 0.05%, as strength in Fisher & Paykel Healthcare and utility stocks countered losses in travel and dairy sectors.

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Irish Stocks Edge Up as Glanbia Surge Offsets Ryanair Warning
Markets Daniel Marsh

Irish Stocks Edge Up as Glanbia Surge Offsets Ryanair Warning

Glanbia's 10.84% jump on strong Q1 revenue boosted the ISEQ All Share 0.59%, offsetting a 1.04% drop in Ryanair after a fare warning, as European markets slipped.

VGK
ASX 200 Extends Losing Streak as Inflation Surprises
Markets Daniel Marsh

ASX 200 Extends Losing Streak as Inflation Surprises

The ASX 200 fell 0.27% to 8,687, its seventh consecutive decline, after inflation accelerated to 4.6% in March, raising the odds of an RBA rate hike.

ASX BHP RIO ANZBY CBAUF
Indian Equities Rebound on Earnings Optimism Despite Oil Jitters
Markets Daniel Marsh

Indian Equities Rebound on Earnings Optimism Despite Oil Jitters

Indian stocks bounced back Wednesday, with the Sensex rising 600 points and Nifty above 24,150, driven by auto and FMCG earnings. Rising oil prices and record foreign outflows capped gains.

FTSE 100 Slides as Healthcare Stocks Weigh Despite Earnings Beats
Markets Daniel Marsh

FTSE 100 Slides as Healthcare Stocks Weigh Despite Earnings Beats

The FTSE 100 slipped 0.6% as healthcare giants AstraZeneca and GSK declined despite topping profit forecasts, while Lloyds Banking Group's profit jump failed to lift sentiment.

AZN GSK
AI Jitters Push Five Penny Tech Stocks into Spotlight
Markets Daniel Marsh

AI Jitters Push Five Penny Tech Stocks into Spotlight

Five US-listed penny tech stocks, including Fabric.AI and Kopin, are back in focus as AI-related market jitters hit the Nasdaq. New partnerships and financings fuel interest.

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Quantum Computing Stocks Face Pivotal Earnings in May 2026
Earnings James Calloway

Quantum Computing Stocks Face Pivotal Earnings in May 2026

IonQ, Rigetti, D-Wave, and Quantum Computing Inc. report earnings in early May, with investors focused on revenue, bookings, and cash burn as the sector faces new IPOs and SPACs.

IONQ RGTI QBTS QUBT