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Nebius Eyes Record Highs After $643M Eigen AI Deal, Q1 Earnings in Focus
Nebius shares hover near record highs after a $643M deal for Eigen AI, with Q1 earnings due May 13 set to test the stock's momentum.
Uber's Strong Bookings Forecast Puts Pressure on Lyft Ahead of Earnings
Uber forecast Q2 gross bookings of $56.25-$57.75B, above estimates, after a Q1 revenue miss. Shares rose ~8% premarket. Lyft reports after Thursday's close.
Verizon Shifts Strategy: Ends Blanket Free Phone Offers, Targets Retention
Verizon CEO Dan Schulman ends blanket free phone and line offers, shifting to targeted retention. The carrier added 55,000 postpaid subscribers in Q1, its first positive Q1 since 2013.
Novo Nordisk Shares Surge on Strong Wegovy Pill Sales, Upgraded 2026 Outlook
Novo Nordisk raised its 2026 guidance after Wegovy pill prescriptions topped 2 million, sending shares up 9.2%. The company now expects a smaller decline in sales and profit this year.
Oil Slides as Trump Pauses Hormuz Mission, Iran Deal Hopes Rise
President Trump paused the U.S. naval escort mission in the Strait of Hormuz as reports emerged of a possible Iran deal, sending oil prices tumbling and global stocks surging.
Amazon Nears $3T Market Cap After Logistics Expansion Rattles Rivals
Amazon stock edged up 0.35% in premarket trading Wednesday, pushing its market value near $3 trillion after a fourth straight record close.
Anthropic Unveils AI Agent Templates for Financial Sector Automation
Anthropic released 10 prebuilt AI agent templates for banks and insurers, automating pitchbooks, KYC, and accounting. FIS partners on AML agents; BMO and Amalgamated Bank pilot.
Palantir Stock Dips Despite Record Q1 as U.S. Commercial Revenue Misses Estimates
Palantir shares dropped 6.9% on Tuesday after U.S. commercial revenue fell short of analyst expectations, overshadowing record Q1 results and an increased 2026 outlook.