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McDonald's Shares Dip Ahead of Q1 Results Amid Value Menu Scrutiny
McDonald's shares dropped 2.37% to $286.64, extending losses to over 16% since early March, as investors await Q1 earnings on May 7. Analysts expect EPS of $2.75 on $6.48B revenue.
Indonesia Caps Ride-Hailing Commissions at 8%, Pressuring Grab Ahead of Earnings
Indonesia slashed the maximum commission for ride-hailing platforms to 8%, pressuring Grab (GRAB) and GoTo's Gojek ahead of Grab's Q1 earnings. Grab shares fell 3.9%.
Cloudflare's New AI Tool Launch Precedes Q1 Earnings Report
Cloudflare shares surged 6.1% on Friday after unveiling Dynamic Workflows, a developer tool for AI agents, just days before its first-quarter earnings report on May 7.
Intel's SambaNova Investment Clears Antitrust Hurdle Amid AI Chip Surge
Intel's SambaNova investment cleared U.S. antitrust review, removing a key barrier as INTC stock approaches $100 on AI demand.
Hormuz Crisis Looms Over Oil Markets as Physical Prices Surge
Brent crude slipped to $108.17 on Friday after Iran proposed talks, but the Strait of Hormuz remains disrupted, and physical crude grades trade near $130, signaling further price spikes ahead.
Paramount Skydance Surges on Morgan Stanley Upgrade Amid Warner Bros. Deal Challenges
Paramount Skydance stock rose 8.3% after Morgan Stanley's double upgrade, highlighting the Warner Bros. Discovery deal. The merger faces regulatory hurdles, litigation, and foreign investment scrutiny.
Workday's Q1 Earnings: AI Strategy Faces Pivotal Test on May 21
Workday reports fiscal Q1 earnings on May 21, with subscription revenue guidance of $2.335B. The company's AI push faces a key test amid competition and investor concerns.
Clorox Shares Tumble 9.7% as Profit Forecast Cut Deepens Cost Woes
Clorox lowered its fiscal 2026 adjusted earnings forecast, sending shares down 9.7%. Higher costs, sluggish category recovery, and GOJO acquisition expenses weigh on the bleach maker.
monday.com Shares Surge Ahead of Earnings and Legal Deadline
monday.com shares surged 10% to $72.74 ahead of its Q1 earnings report and a key lawsuit deadline. The company faces allegations of misleading investors on growth outlook.
Amkor's $1B Zero-Interest Bond Sale Fuels AI Chip Packaging Expansion
Amkor Technology has priced $1 billion in zero-interest convertible senior notes due 2031 to fund advanced semiconductor packaging expansion and capital spending.
AIG Shares Surge on Profit Beat, Private Credit Pullback
AIG shares jumped 5.3% after reporting Q1 adjusted profit of $1.15B, up 64% YoY, and slowing private credit deployment. The board raised dividend 11% and announced CEO succession.