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Block’s 40% Layoffs Will Drive 62% Earnings Growth: ‘If You Don’t Have Time to Use AI, You Don’t Have a Job’
24/7 Wall St.146d agobearish
Block’s 40% Layoffs Will Drive 62% Earnings Growth: ‘If You Don’t Have Time to Use AI, You Don’t Have a Job’

Jason Calacanis used Block (NYSE:XYZ) as a case study on a recent This Week in Startups episode to argue that AI-driven productivity gains have become a prisoner’s dilemma for every public company CEO. Block cut over 4,000 people in February 2026, taking headcount from over 10,000 to under 6,000. Three months later, the company posted ... Block’s 40% Layoffs Will Drive 62% Earnings Growth: ‘If You Don’t Have Time to Use AI, You Don’t Have a Job’

5 Revealing Analyst Questions From AMD’s Q1 Earnings Call
StockStory146d agoneutral
5 Revealing Analyst Questions From AMD’s Q1 Earnings Call

AMD’s first quarter results were marked by significant growth in its data center segment and broad-based demand across all business units. Management credited the results to a surge in AI infrastructure spending, particularly highlighting a 57% increase in data center revenue driven by strong sales of EPYC CPUs and Instinct GPUs. CEO Lisa Su emphasized that “data center is now the primary driver of our revenue and earnings growth,” noting that both cloud and enterprise customers ramped up adopti

Century Aluminum (CENX) Reports Q1 Adjusted EPS
Insider Monkey146d agoneutral
Century Aluminum (CENX) Reports Q1 Adjusted EPS

Century Aluminum Company (NASDAQ:CENX) is one of the 8 Best American Mining Stocks to Buy Right Now. On May 7, 2026, Century Aluminum Company (NASDAQ:CENX) reported Q1 adjusted EPS of $1.63, versus the consensus estimate of $1.77. Revenue totaled $649.2M, versus the consensus estimate of $633.07M. The company said it expects second-quarter adjusted EBITDA to […]

SSR Mining (SSRM) Reports Q1 Adjusted EPS Beat
Insider Monkey146d agobullish
SSR Mining (SSRM) Reports Q1 Adjusted EPS Beat

SSR Mining Inc. (NASDAQ:SSRM) is one of the 8 Best American Mining Stocks to Buy Right Now. SSR Mining Inc. (NASDAQ:SSRM) reported Q1 adjusted EPS of $1.15, versus the consensus estimate of 80c. Revenue totaled $581.78M, versus the consensus estimate of $533.68M. Executive Chairman Rod Antal said the first quarter marked a significant milestone for […]

BranchOut Food Q1 Earnings Call Highlights
MarketBeat146d agoneutral
BranchOut Food Q1 Earnings Call Highlights

BranchOut Food (NASDAQ:BOF) executives said the company is focused on increasing factory utilization, diversifying its customer base and building inventory to support what management expects to be a record second quarter. During the company’s first-quarter 2026 earnings call, CFO John Dalfonsi said

Blaize Q1 Earnings Call Highlights
MarketBeat146d agoneutral
Blaize Q1 Earnings Call Highlights

Blaize (NASDAQ:BZAI) executives said the company remains on track for its full-year 2026 revenue target despite a first-quarter revenue shortfall tied to constrained availability of AI servers using high-bandwidth memory. Chief Executive Officer Dinakar Munagala said on the company’s first-quarter

Applied Materials Q2 Earnings Call Highlights
MarketBeat146d agoneutral
Applied Materials Q2 Earnings Call Highlights

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward areas where the company holds leading positions. President and CEO G

A Look At Norwegian Cruise Line (NCLH) Valuation After Guidance Cut And Activist And Legal Scrutiny
Simply Wall St.146d agobearish
A Look At Norwegian Cruise Line (NCLH) Valuation After Guidance Cut And Activist And Legal Scrutiny

Norwegian Cruise Line Holdings (NCLH) is under pressure after its first quarter update, where a reduced full year adjusted EPS outlook coincided with a sharp share price drop, legal investigations, and fresh activist scrutiny. See our latest analysis for Norwegian Cruise Line Holdings. The first quarter guidance cut came on top of a share price that has already been under pressure, with a 1 month share price return of down 24.47% and a year to date share price return of down 30.07%. The 1...