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Banking

Block Q1 beats by $0.17, raises FY26 gross profit outlook to $12.33B

Block reported Q1 adjusted EPS of $0.85, beating consensus by $0.17, as gross profit rose 26% to $2.91B. The company raised its full-year 2026 gross profit outlook to $12.33B, sending shares up 9.8% in after-hours trading.

By Naomi Voss
Earnings

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.

By Avery Lin
Stocks

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.

By Avery Lin
Stocks

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.

By Avery Lin
Banking

Visa Q2 revenue jumps 17% to $11.23bn, strongest growth since 2022

Visa reported Q2 revenue of $11.23bn, up 17% year over year and $480m above consensus, its strongest top-line growth since 2022. Adjusted EPS of $3.31 beat by $0.22. The company raised full-year guidance and authorized a $20bn buyback, sending shares higher after hours.

By Naomi Voss
Earnings

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.

By Avery Lin