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ATS News30 articles
Delta Debuts High-Capacity A321neo with 44 First Class Seats as Interim Solution
Delta Air Lines will deploy seven Airbus A321neos with 44 domestic first-class seats starting May 20 on Atlanta-Los Angeles flights, a temporary fix for flatbed suite delays.
Cloudflare Cuts 1,100 Jobs in AI Pivot as Q1 Revenue Beats, Stock Drops
Cloudflare lays off 20% of its workforce, or 1,100 employees, as it pivots to an AI-first strategy. Despite beating Q1 earnings, its stock fell 19% after Q2 revenue guidance missed expectations.
S&P 500 Retreats from Record as Chip Stocks Slide; Oil Volatility and Whirlpool Warning Weigh
U.S. stocks retreated Thursday, with the S&P 500 sliding 0.38% from its record as chip stocks cracked. Intel and AMD fell 3% each, and the PHLX chip index dropped 2.7%. Oil volatility and a Whirlpool warning added to market unease.
CoreWeave Beats Q1 Revenue Forecast, Backlog Surges to $99B
CoreWeave beat Q1 revenue estimates with $2.08B, driven by AI cloud demand, as its backlog reached $99.4B. Net loss widened to $740M amid rising costs.
AMD Stock Retreats After AI-Fueled Rally; Server CPU Strategy Takes Center Stage
AMD shares fell $12.97 to $408.42 Thursday, reversing some of the post-earnings gains. The company's Q1 revenue rose 38% to $10.25B, driven by data-center sales up 57%, and it forecasts Q2 revenue of about $11.2B.
Primerica Beats Q1 Forecasts, Investment Sales Surge Offsets Life Insurance Dip
Primerica topped Q1 earnings estimates with $5.96 per share, driven by record investment product sales, though new life insurance policies declined 14%.
Novavax Surges on Pfizer Deal, Beats Q1 Revenue Forecasts
Novavax topped Q1 revenue estimates at $139.5M, driven by a $30M Pfizer payment, offsetting weak COVID vaccine sales. Shares rose 15.6%.
Disney Beats Q2 Estimates as Streaming Profits Surge, Parks Hold Steady
Disney topped Q2 expectations with streaming profits surging 88% and parks revenue steady. New CEO Josh D'Amaro targets 12-16% EPS growth for fiscal 2026.
Klaviyo Beats Q1 Estimates, CFO Departure Weighs on Shares
Klaviyo shares dropped 19% in after-hours trading despite beating Q1 estimates, as CFO Amanda Whalen's planned exit overshadowed strong results and a raised 2026 outlook.
Take-Two Shares Dip as GTA VI Pricing Speculation Heats Up Ahead of Earnings
Take-Two shares slipped 1% as Wall Street debates an $80 price tag for GTA VI. CEO Zelnick calls expectations 'exciting and terrifying.' The company reports earnings May 21.
PayPal Beats Q1 Estimates as New CEO Unveils $1.5B Cost-Cutting Plan
PayPal topped Q1 expectations with revenue of $8.35B, but branded checkout growth remained sluggish. New CEO Enrique Lores outlined a $1.5B cost-cutting strategy.
Pfizer Q1 Beats Estimates, Patent Cliff Concerns Linger
Pfizer reported Q1 adjusted EPS of $0.75 on $14.45B revenue, beating estimates. Growth in Eliquis and Padcev offset COVID declines, but patent cliff remains a key concern.
Futures Edge Higher as Oil Retreats, JOLTS Data in Focus
U.S. stock futures edged higher Tuesday as oil prices pulled back, with the Nasdaq 100 leading gains ahead of JOLTS data and earnings from AMD, Pfizer, and KKR.
Royal Caribbean Beats Q1 Estimates, Fuel Costs Trim 2026 EPS View
Royal Caribbean beat Q1 earnings estimates but trimmed its 2026 adjusted EPS outlook to $17.10-$17.50, citing higher fuel costs. Shares rose 8.7% after a rebound in bookings.
Mastercard Beats Q1 Estimates but April Cross-Border Weakness Weighs on Stock
Mastercard beat Q1 earnings and revenue estimates, but a slowdown in April cross-border volume growth triggered a 2.7% stock decline.
Microsoft Beats Q3 Forecasts as Azure Jumps 40%, AI Run Rate Hits $37B, but Shares Dip on Spending Surge
Microsoft beat Q3 forecasts with Azure up 40% and AI revenue run rate at $37B, but shares fell over 2% as capex surged 49% to $31.9B and free cash flow dropped.
FTSE 100 Slides as Healthcare Stocks Weigh Despite Earnings Beats
The FTSE 100 slipped 0.6% as healthcare giants AstraZeneca and GSK declined despite topping profit forecasts, while Lloyds Banking Group's profit jump failed to lift sentiment.
Seagate Surges on AI-Driven Storage Demand, Beats Q3 Estimates
Seagate shares jumped about 10% after hours on strong AI storage demand, with fiscal Q3 revenue of $3.11B and Q4 guidance of $3.45B, both above analyst expectations.
Intel Stock Retreats from 26-Year High Amid AI Spending Concerns
Intel shares slipped 1% to $84.12, retreating from a 26-year high, as AI spending fears hit the chip sector. The Philadelphia SE Semiconductor Index fell 3.2% after OpenAI missed targets.
Gold Retreats Below $4,700 as Fed Meeting and Iran Tensions Weigh
Gold slipped under $4,700 on Monday, pressured by Fed policy uncertainty and stalled diplomatic talks with Iran. Analysts raised 2026 forecasts to a record $4,916, but technical signals show fading momentum.
Silver ETF Fee War Heats Up: SIVR vs. SLV as Miners Outperform
A fee battle emerges in silver ETFs as abrdn's SIVR undercuts BlackRock's SLV. Meanwhile, silver miners outpace gold miners amid tight physical supply.
POET Technologies Surges 108% on Marvell AI Order, Optics Play Heats Up
POET Technologies shares soared 108% in premarket trading Monday after confirming a $5M production order from Marvell Technology for its Infinity optical engines, with deliveries expected next quarter.
House Democrats Demand UPS Explain Tariff Refund Distribution
House Democrats are pressing UPS CEO Carol Tomé for details on how tariff refunds from a Supreme Court ruling will reach customers, with a May 22 deadline for written answers.
London Shares Dip as Oil Rally and Fresh Tariff Threats Weigh on Sentiment
The FTSE 100 slipped 0.35% on Friday, pressured by rising oil prices above $105 and a new US tariff threat against the UK. Energy stocks gained, but Mondi fell sharply after a 27% profit drop.
SAP Q1 Beats Estimates on Cloud Strength, Maintains Annual Guidance
SAP beat Q1 estimates with cloud revenue up 27% in constant currencies. Operating profit rose 17% to €2.74B. The company reaffirmed its 2026 targets and full-year guidance.
Wall Street Retreats from Records as Oil Breaches $103, Earnings Mixed
Stocks pulled back from records Thursday as oil prices held above $100 and corporate earnings delivered mixed results. IBM and Tesla dropped, while Texas Instruments surged 18.4%.
Tesla Beats Q1 Profit Forecasts, But Heavy Spending Plans Raise Concerns
Tesla beat profit estimates in Q1 with $22.4B revenue, but warned free cash flow will likely turn negative for the rest of 2026 as it ramps up spending on robotaxis and AI.
AT&T Beats Q1 Subscriber Forecasts, Holds 2026 Outlook Amid Institutional Moves
AT&T surpassed first-quarter wireless subscriber forecasts, adding 294,000 postpaid customers, and reaffirmed its full-year guidance. Recent reports of institutional stake reductions are based on year-end 2023 data, predating key company developments.
Bitcoin Retreats Below $75K as Fed Uncertainty, Geopolitics Weigh
Bitcoin declined 1.7% to $74,985, retreating from a push toward $77,000 amid reassessments of U.S. monetary policy and geopolitical risks. The cryptocurrency faced headwinds despite substantial inflows into spot Bitcoin ETFs and a major corporate purchase by Strategy.
Silver Retreats Below $79 as Dollar Strength, Geopolitical Tensions Weigh
Silver prices dropped below $79 per ounce on Tuesday, pressured by a stronger U.S. dollar and elevated Treasury yields. The metal remains vulnerable to profit-taking after a 140% annual gain.