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Vertiv Hits New High as AI Infrastructure Demand Drives Growth
Vertiv shares hit a 52-week high Friday as Q1 net sales jumped 30% to $2.65B, fueled by AI data-center demand. The company raised its 2026 outlook and expanded its liquid cooling portfolio.
AT&T Secures $6B in Debt as Fiber and 5G Strategy Faces Scrutiny
AT&T completed a $6 billion offering of notes with maturities out to 2066, as the telecom giant funds its fiber and 5G push while managing elevated leverage ahead of the EchoStar spectrum deal.
JPMorgan's $31.4B Credit Loss Reserve Highlights Earnings Beat
JPMorgan Chase posted a 13% rise in Q1 net income to $16.5B, with a $31.4B credit-loss allowance. Shares closed at $312.47, valuing the bank at $864.8B.
3M Faces Renewed Legal Heat Over Wisconsin PFAS Contamination
3M faces renewed legal and regulatory pressure over PFAS contamination at its Greystone facility in Wisconsin, with levels hundreds of times above proposed state limits. Shares fell 2.7% on Friday.
ASML Shares Dip Amid AI Optimism and China Export Concerns
ASML's U.S. shares slipped 0.83% as a strong 2026 outlook clashes with China export worries. Q1 sales hit €8.8B.
Fitch Upgrades Citigroup Outlook as Fraser Prepares for Key Investor Day
Fitch Ratings revised Citigroup's outlook to positive, citing progress in CEO Jane Fraser's restructuring. Q1 net income hit $5.8B on $24.6B revenue, with shares closing at $127.44.
MP Materials Earnings in Focus Amid Rare Earth Supply Shifts
MP Materials will report Q1 earnings on May 7, with China shipping 60 tons of yttrium oxide to the U.S. in March, though annual imports are still down 75%.
Vanguard's 7.5% Realty Income Stake Puts REIT in Spotlight Ahead of Q1 Results
Vanguard Capital Management disclosed a 7.49% stake in Realty Income ahead of its Q1 earnings. The REIT reports May 6, with FFO and acquisition strategy in focus.
Coca-Cola Shareholders Reject Five Environmental and Social Proposals
Coca-Cola shareholders rejected five investor proposals on plastics, sustainability, and diversity. CEO Henrique Braun secured 99.84% support, and the company raised its full-year EPS forecast.
Walmart Reverts to Cashier-Only Checkout in Philadelphia Store
Walmart has eliminated self-checkout for regular customers at its South Philadelphia store, returning to cashier lanes, as part of a broader strategy to balance service and security.
Eaton Shares Retreat from 52-Week Peak Ahead of Key Q1 Report
Eaton shares pulled back from a fresh 52-week high as the market braces for first-quarter earnings, with AI data-center demand in the spotlight.