Section
Earnings
Mercado Libre (MELI) Q1 profit slips 15.6% as fintech revenue offsets free-shipping costs
Mercado Libre (MELI) Q1 profit slips 15.6% as fintech revenue offsets free-shipping costs
AppLovin Q1 beats on revenue and EPS as Axon platform opens to outside advertisers
AppLovin posted Q1 revenue of $1.84bn and adjusted EPS of $3.56, both beating consensus, but shares whipsawed Thursday as traders weighed a record 85 per cent EBITDA margin against execution risk on the June Axon platform opening.
Gilead Q1 EPS $2.03 beats; raised guidance overshadowed by $11.5bn deal charge
Gilead Sciences beat on EPS and revenue and raised 2026 product-sales guidance, but a $11.5 billion in-process R&D charge tied to three pending acquisitions sent shares down 1.6 per cent and flipped reported EPS guidance into a loss range.
Shell Q1 beats by $0.30 EPS, launches $3bn buyback, acquires Arc Resources acreage
Shell reported Q1 adjusted earnings of $2.44 per share, beating consensus by $0.30, as the energy giant announced a $3 billion buyback and a strategic acquisition of Montney acreage from Arc Resources.
