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The S&P 500 and Nasdaq were chasing fresh highs on Friday after the unemployment rate held steady in April. The S&P was up 0.5%. The Nasdaq was up 0.6%. The Dow rose 220 points, or 0.4%. The S&P and Nasdaq were on pace for record closing highs.
Shares rise after the fintech company’s results signal to investors that it is chugging along just fine despite mass layoffs.
AI ransomware and data centers are both driving up demand for Fortinet’s products, analyst Gray Powell said.
Albemarle reports earnings per share of $2.95 from sales of $1.4 billion. Wall Street was looking for earnings per share of $1.19 from sales of $1.3 billion.
Tech stocks came roaring back in April, bolstered by strong earnings and a fresh wave of enthusiasm for AI-linked shares. But there's something else under the surface that has also helped the rally along, according to JPMorgan Chase: Share buybacks.
For the three months ended in March, analysts polled by FactSet expect the company to report net revenue of $6.47 billion, up 8.4% from the year-ago quarter.
Wall Street is looking for McDonald's promotions to help it offset expected consumer weakness.
By Niket Nishant and Utkarsh Hathi May 6 (Reuters) - Wall Street futures rose on Wednesday, extending a strong run on hopes of a potential U.S.-Iran peace agreement and unrelenting optimism around
U. S. stock futures moved higher on Wednesday after President Donald Trump paused a military initiative aimed at reopening the Strait of Hormuz and signalled progress toward a possible peace agreement with Iran.
Futures rose. President Trump "paused" his Hormuz opening effort. AI plays AMD, Astera Labs, Lumentum, Arista were earnings movers late.
Markets are eyeing signs of easing in Mideast tensions and impressive AI-fueled tech earnings.
On May 5, 2026, investors weighed an acquisition to expand Iren's AI cloud infrastructure to enhance the deployment and management of containerized enterprise solutions.
Lumentum shares fall after the optical networking giant reported fiscal third-quarter earnings, narrowly missing lofty revenue expectations.
Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” Q1 2026 Investor Letter. A copy of the letter can be downloaded here. The fund reported that the fund gained 1.14% during the quarter, underperforming both the Russell Midcap Value Index (+3.68%) and the Russell Midcap Index (+1.29%) amid a volatile, risk-off environment where […]
By Lawrence Delevingne and Amanda Cooper May 5 (Reuters) - Global stocks rose on Tuesday, taking some heart from a series of robust earnings, while simmering hostilities between the U.S. and Iran over
Monday, BWX Technologies reported first-quarter earnings per share of $1.12 from sales of $860.2. million.
Shares of Firefly Aerospace rocketed higher after the space technology company reported better-than-expected first-quarter earnings. Firefly is still a smaller, growing company. Wall Street was looking for sales of $77.1 million, according to FactSet.
Analysts project the company will report 28 cents in first-quarter adjusted EPS, more than double a year ago.
Investing.com -- First-quarter earnings have come in “exceptionally strong,” providing the primary fuel behind the U.S. stock market's recent rally even as elevated energy prices and geopolitical uncertainty cloud the outlook, according to Goldman Sachs.
The Ark Venture Fund offers heavy exposure to SpaceX and OpenAI, but investors should understand the risks.
Cathie Wood is doubling down on her buy-the-dip strategy. The Ark Invest chief just picked up shares of a megacap tech name that fell 9% after reporting results. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period. But so ...