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United Rentals Soars on Raised Guidance, Record Q1 Revenue
United Rentals shares jumped 22.9% after the company raised its 2026 outlook and posted record Q1 revenue of $3.985 billion.
Joby Aviation Shares Dip as LA Vertiport Plan Faces Regulatory Hurdles
Joby Aviation shares fell 7.1% as its LA vertiport plan faces regulatory hurdles. The company is set to report Q1 results on May 5.
Netflix Unveils $25 Billion Buyback After Failed Warner Bros Tie-Up
Netflix approved a $25 billion buyback, adding to $6.8 billion remaining, after pocketing a $2.8 billion breakup fee from a collapsed Warner Bros deal.
Nokia Surges to 16-Year Peak on AI Cloud Order Boom
Nokia shares soared to a 16-year high as first-quarter profit beat estimates, fueled by a 49% surge in AI and cloud customer sales and €1 billion in new orders.
Figma to Report Q1 Earnings on May 14 Amid AI Rivalry and Board Shifts
Figma reports Q1 earnings May 14 as AI competition heats up, with board changes and CEO Dylan Field controlling 72.3% voting power.
Meta to Cut 8,000 Jobs in May as AI Spending Surges
Meta will cut 8,000 jobs starting May 20 and close 6,000 open roles, with 2026 capital spending projected up to $135 billion as AI investments intensify.
QuantumScape Shares Swing Wildly on Q1 Update, AI Data Center Pivot
QuantumScape shares swung sharply after launching Eagle Line pilot production, starting QSE-5 cell output, and gaining a new automaker partner. The company reported a narrower net loss of $100.8 million.
ServiceNow Shares Slide Despite Strong Q1 and Raised Forecast
ServiceNow (NOW) shares tumbled 18.7% after reporting better-than-expected Q1 results and a higher 2026 outlook, as Middle East contract delays and AI concerns weighed on sentiment.
