Section
Stocks
Palantir (PLTR) Q1 revenue up 85% to $1.63bn; stock falls 7%
Palantir first-quarter revenue jumped 85 per cent to $1.633 billion and adjusted EPS of $0.33 cleared the $0.27 consensus by 22 per cent. The stock still fell about 7 per cent as investors questioned whether US commercial growth justified a multiple near 42 times forward sales.
Rackspace Technology (RXT) Q1 revenue beats; stock surges 55% on AMD AI cloud deal
Rackspace Technology shares surged 55 per cent after the cloud provider beat first-quarter revenue estimates, swung to a GAAP profit, and announced a non-binding AMD partnership to build governed enterprise AI infrastructure. Full-year guidance was reaffirmed.
Strategy CEO Phong Le says bitcoin sales hinge on maths over equity
Strategy chief executive Phong Le told CNBC on Saturday that the company would sell part of its 818,334 bitcoin holding only when doing so proves more accretive to shareholders than issuing equity, outlining two specific conditions that mark a deliberate shift from its long-held refusal to sell.
Lemonade (LMND) Q1 revenue jumps 71%; stock falls 15% on profitability gap
Lemonade reported Q1 2026 revenue of $258m, up 71 per cent, and narrowed its quarterly net loss to $35.8m. Shares closed about 15 per cent lower as investors weighed an EPS beat of 17.5 per cent against the gap to GAAP profit and a 33 per cent in-force premium guide.
Nubank profit climbs 50% to $895m, plans $8.2bn Brazil investment
Nu Holdings fourth-quarter net income jumped 50 per cent to $894.8m as the Latin American digital bank reached 131m customers across Brazil, Mexico, and Colombia. The company plans BRL 45bn in Brazil investment for 2026.
SoFi (SOFI) Q1 revenue beats, profit doubles, but unchanged 2026 guidance sinks stock 15%
SoFi Technologies reported record Q1 revenue of $1.10 billion and net income of $166.7 million, its tenth straight profitable quarter. The stock fell 15 per cent on the day after management left full-year guidance unchanged.
CoreWeave Q1 revenue beats but wider loss and soft guidance sink stock 11%
CoreWeave posted a wider-than-expected Q1 loss of $1.40 per share and guided Q2 revenue below consensus, sending shares down 11.4 per cent on Friday despite a revenue beat and a near-$100bn order backlog.
Fair Isaac (FICO) Q2 EPS beats by $1.53; revenue $692m, guidance raised
Fair Isaac Corp. reported fiscal second-quarter earnings on 28 April that beat analyst estimates, raised full-year revenue and profit guidance, and sent shares up roughly 4.4 per cent, with mortgage origination volumes more than doubling year over year.
Strategy STRC reclaims $100 par, opening door for fresh Saylor bitcoin buys
Strategy's STRC perpetual preferred closed at $99.99 on Friday and printed at par after hours, ending a fortnight in which Michael Saylor stayed out of bitcoin. With the security back above its $100 issuance threshold, Strategy's at-the-market funding gate has reopened and weekly purchases could resume as soon as 11 May.
Whirlpool swings to Q1 loss, suspends dividend, cuts 2026 EPS outlook
Whirlpool reported an $85 million Q1 net loss on Thursday and slashed its full-year ongoing EPS guidance to $3.00 to $3.50, from a prior $6.23, citing recession-level appliance demand. The company suspended its common dividend to prioritise debt paydown, and shares fell roughly 13.6 per cent premarket.
Intuit (INTU) rises 4.9% as QuickBooks Workforce AI, Credit Karma expansion land
Intuit shares rose 4.9 per cent on May 7 after the company unveiled QuickBooks Workforce, an AI-native HCM platform for small businesses, and opened Credit Karma to the estimated 17 million US adults without a credit history. The product push builds on strong Q2 results that beat consensus.
Tyler Technologies Q1 EPS beats by $0.09; ARR up 10.4%, FCF doubles
Tyler Technologies posted Q1 non-GAAP EPS of $3.09 against a $3.00 consensus on revenue of $613.5m, with ARR accelerating to 10.4 per cent and free cash flow more than doubling. Shares barely moved.
Coherent (COHR) Q3 revenue $1.81bn beats; shares fall 6% on profit miss
Coherent Corp. reported fiscal Q3 revenue of $1.81 billion, up 20.5 per cent year over year, with non-GAAP EPS of $1.41 beating Street estimates. The shares fell 6 per cent in after-hours trading as adjusted operating income missed expectations and capital spending surged to support a multiyear Nvidia supply agreement.
SoundHound (SOUN) shares slide 12% after Q1 beat as LivePerson deal weighs
SoundHound AI fell 12.4% to $8.46 after-hours despite beating Q1 revenue estimates. The drop reflects acquisition-related dilution and execution risk on the LivePerson deal more than disappointment with the headline numbers.
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.
HP jumps 8% before Q2 results as AI PC bets confront memory cost headwind
HP shares climbed roughly 8 per cent on Friday ahead of the company's 27 May fiscal Q2 earnings, as AI-capable PC demand offsets concern that rising memory chip costs will squeeze margins. Rival Dell Technologies rose 13 per cent on the same day.
