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Netflix Lags as Nasdaq Hits Record; Ad Revenue Surge in Focus
Netflix shares fell 1.2% to $86.36, missing the Nasdaq's record close. The streaming giant's ad revenue is expected to double to $3 billion in 2026.
Tesla Stock Extends Winning Streak on European Sales Bounce Despite Self-Driving Scrutiny
Tesla shares climbed 0.4% to $442.10 on Thursday, marking a sixth straight gain, as a rebound in European sales offset renewed doubts about the company's Full Self-Driving technology.
SentinelOne Shares Plunge on Weak Forecast, Announces 8% Workforce Reduction
SentinelOne shares fell 18.65% after hours after the company forecast Q2 revenue below Wall Street estimates and announced plans to cut 8% of its workforce.
Apple Shares Hit New Record Ahead of AI-Focused WWDC
Apple stock hit a fresh record of $312.51 on Thursday, driven by optimism ahead of WWDC. Analysts raised price targets on AI and Siri upgrade expectations.
Dell Soars on $60B AI Server Forecast, Record Backlog
Dell shares jumped 22% after hours after the company raised its full-year outlook and set a $60B AI-server revenue target for fiscal 2027, citing a record $51.3B AI backlog.
HPE Q2 Earnings Preview: Networking and AI Infrastructure Under the Microscope
Hewlett Packard Enterprise reports fiscal Q2 earnings after market close June 1. Analysts expect $9.77 billion revenue and 53 cents adjusted EPS, with investors focused on networking and AI infrastructure growth margins.
XRP Recovers Above $1.32 After Testing Key Support Level
XRP recovered to $1.32 after briefly falling under $1.30, as traders assess support. CME Group announced 24/7 crypto futures trading starting May 29.
Bradesco Shares Dip on BRB Rescue Plan Participation
Bradesco's preferred shares dipped 0.3% to R$17.95 as the bank joins a syndicate backing a credit deal for Banco de Brasília, while the Ibovespa fell 0.39% on rate concerns.
MongoDB Stock Surges on Cloud Growth, Raised Annual Forecast
MongoDB shares surged 21.9% after hours as fiscal Q1 revenue beat estimates and Atlas cloud growth topped 29%, prompting a raised full-year outlook.
Costco's Strong Sales Signal Resilient US Consumer Spending
Costco's Q3 net sales rose 11.6% to $69.15B, beating expectations, as US shoppers prioritize value. Digital sales surged 21.5% and memberships grew 4.1%.