SPOKANE, Wash., May 05, 2026 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income based on GAAP of $92 million, or $1.11 per diluted share, for the first quarter of 2026, compared to $79 million, or $0.98 per diluted share, in 2025. Non-GAAP utility earnings 1 were $91 million, or $1.10 per diluted share, compared to $82 million, or $1.01 per diluted share in 2025. Avista Corp....
SPOKANE, Wash., May 05, 2026 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income based on GAAP of $92 million, or $1.11 per diluted share, for the first quarter of 2026, compared to $79 million, or $0.98 per diluted share, in 2025. Non-GAAP utility earnings 1 were $91 million, or $1.10 per diluted share, compared to $82 million, or $1.01 per diluted share in 2025. Avista Corp. is confirming its 2026 non-GAAP utility earnings guidance 2 with a range of $2.52 to $2.72 per diluted share.
Hiroshi Watanabe/DigitalVision via Getty Images We're following up on a question we first asked a little over a month ago: Which market event is bigger: the DeepSeek AI Shock or the Iran War event? Here's where the S&P 500 ( SPX ) was at the time we asked the question: The United States initiated Operation Epic Fury against the Islamic Republic of Iran on Saturday, 28 February 2026. The S&P 500 ( ...
Hiroshi Watanabe/DigitalVision via Getty Images We're following up on a question we first asked a little over a month ago: Which market event is bigger: the DeepSeek AI Shock or the Iran War event? Here's where the S&P 500 ( SPX ) was at the time we asked the question: The United States initiated Operation Epic Fury against the Islamic Republic of Iran on Saturday, 28 February 2026. The S&P 500 ( SPX ) had closed its trading week the day before, ending at a value of 6,878.88 . Through the close of trading on 30 March 2026 the index has dropped 535.16 points, or about 7.8% of its pre-geopolitical event level. As major events go in the U.S. stock market, at this point in time, the impact of the Iran war is a little smaller in magnitude than 2025's DeepSeek AI shock that sent the S&P 500 crashing between 19 February 2025 and 13 March 2025. A little over a month later, we now have a definitive answer. The DeepSeek AI Shock was the bigger market-shaking event. That's because 30 March 2026 turned out to be the bottom of the Iran War geopolitical event as measured by stock prices. The S&P 500 has since proceeded to charge higher, reaching new record highs . It has even regained its relative position above its current long-running trend with respect to its underlying trailing year dividends per share, as can be seen in the following chart : When we asked the question after the close of trading on 30 March 2026, it looked like the Iran War geopolitical event could become larger in magnitude than the DeepSeek AI Shock. But as we can now show, it did not. The Iran War event is smaller in magnitude than the DeepSeek AI Shock. And it is much smaller in its impact than the combination one-two punch of 2025's DeepSeek AI shock and the "Liberation Day" global tariff event . Maybe we should have proposed the question to one of the prediction markets so readers could have wagered on the potential outcome. Original Post Editor's Note: The summary bullets for this article were chosen b...
PayPal press release ( PYPL ): Q1 Non-GAAP EPS of $1.34 beats by $0.07 . Revenue of $8.4B (+7% Y/Y) beats by $340M . Transaction margin dollar (“TM$”) increased 3% to $3.8 billion; TM$ excluding interest on customer balances increased 3% to $3.5 billion. 1Q'26 Operating Results• Total payment volume (“TPV”) increased 11% to $464.0 billion; 8% FXN.• Payment transactions increased 7% to 6.5 billion....
PayPal press release ( PYPL ): Q1 Non-GAAP EPS of $1.34 beats by $0.07 . Revenue of $8.4B (+7% Y/Y) beats by $340M . Transaction margin dollar (“TM$”) increased 3% to $3.8 billion; TM$ excluding interest on customer balances increased 3% to $3.5 billion. 1Q'26 Operating Results• Total payment volume (“TPV”) increased 11% to $464.0 billion; 8% FXN.• Payment transactions increased 7% to 6.5 billion. Excluding payment service provider transactions (“PSP”), payment transactions increased 7%. • Payment transactions per active account (“TPA”) on a trailing 12-month basis decreased 1% to 58.7. TPA ex-PSP increased 6%.• Active accounts increased 1% to 439 million. On a sequential basis, active accounts decreased by 0.04%, or by 0.2 million. • PayPal’s Board of Directors (the “Board”) declared a cash dividend of $0.14 per share on the Company’s common stock. Q2 EPS guidance of APPROX. -9% vs $1.34 consensus FY EPS guidance of Low-single digit decline to slightly positive vs. $5.30 consensus More on PayPal PayPal's Epic Fall In Numbers PayPal Q1 Earnings Preview: The P/E Multiple Lags Behind The Business Slowdown PayPal Profit Engine Could Be Threatened By Agentic Shopping Revolution PayPal set to post Q1 results against reduced expectations PayPal reorganizes into three units, makes leadership changes
Good morning . Oil prices calm as the fragile US-Iran ceasefire holds. Apple considers plans to produce more chips in the US. And temporary art is the new norm. Listen to the day’s top stories . — Tiago Ramos Alfaro Market Snapshot Nasdaq 100 Futures 27,950.25 +0.6% WTI Oil Futures $103.86 -2.4% Bitcoin $80,805.25 +1.1% Market data as of 06:52 AM ET. Data is subject to provider delays. The fragile...
Good morning . Oil prices calm as the fragile US-Iran ceasefire holds. Apple considers plans to produce more chips in the US. And temporary art is the new norm. Listen to the day’s top stories . — Tiago Ramos Alfaro Market Snapshot Nasdaq 100 Futures 27,950.25 +0.6% WTI Oil Futures $103.86 -2.4% Bitcoin $80,805.25 +1.1% Market data as of 06:52 AM ET. Data is subject to provider delays. The fragile US-Iran ceasefire is holding even after a day of clashes involving shipping in the Strait of Hormuz. Hundreds of ships were seen clustering near Dubai as more vessels moved away from the still-empty waterway in response to Iran’s efforts to widen its area of control. Watch Bloomberg TV explain the latest flareup of violence. As for oil prices, they edged lower, settling after yesterday’s sharp spike . Apple’s branching out. It’s said to have held exploratory talks about using Intel and Samsung to produce the main processors for its devices in the US. As far back as 2022, CEO Tim Cook was worrying about relying so heavily on supply from its long-term partner Taiwan Semiconductor Manufacturing Co. and it’s been working on solutions including a made-in-US chips push in Phoenix . The tech giant is also is preparing a new “Create a Pass” feature for its next major iPhone software update, people familiar said. The new tool will allow users to build and customize their own digital tickets and gift cards within the Wallet app, and adds to a string of enhancements set to be unveiled in June. In other corporate news, GameStop’s bold $56 billion bid for eBay is drawing serious skepticism from investors. Michael Burry—who helped fuel the gaming retailer’s rally in 2019— sold off all his shares , calling the strategy “never compatible.” And Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake. Coming soon: Get the AI Today newsletter —chronicling the d...
Neocloud provider Nscale Global is planning to spend €695M (about $812M) on infrastructure in Portugal under an expansion of its collaboration with Microsoft ( MSFT ). London-based Nscale announced an expansion of its collaboration with Microsoft and Start Campus with over 66,000 Nvidia ( NVDA ) Rubin Graphics Processing Units, or GPUs, starting in late 2027. Nscale noted that the new agreement bu...
Neocloud provider Nscale Global is planning to spend €695M (about $812M) on infrastructure in Portugal under an expansion of its collaboration with Microsoft ( MSFT ). London-based Nscale announced an expansion of its collaboration with Microsoft and Start Campus with over 66,000 Nvidia ( NVDA ) Rubin Graphics Processing Units, or GPUs, starting in late 2027. Nscale noted that the new agreement builds on the deployment of over 12,600 Nvidia Blackwell Ultra GPUs at the first building of the Sines Data Campus for Microsoft. As part of the agreement, Nscale said that its additional investments of €230M in shared infrastructure and €465M in a second 200 MW building at the Sines Data Campus make this one of the most significant AI infrastructure projects in the EU and one of the largest in Portugal to date. The agreement builds on Nscale deployments for Microsoft in Norway, the U.K., and the U.S. Start Campus is building and operating the Sines Data Campus, a 1.2 GW permitted capacity data center in Portugal. "It also represents one of the largest AI infrastructure investments in Portugal’s history – and among the most significant in the EU – reflecting the surging demand we’re seeing for Nscale’s services," said Nscale's Founder and CEO Josh Payne. More on Microsoft Microsoft: A Generational Compounding Opportunity At 21x P/E Microsoft: The Market Is Pricing AI Costs, Not AI Returns Microsoft: Continued AI And Software Concerns Musk reportedly contacted OpenAI about settling lawsuit prior to trial CGI earns Microsoft Copilot specialization to accelerate AI integration for modern workplace
American Electric Power press release ( AEP ): Q1 Non-GAAP EPS of $1.64 beats by $0.07 . Revenue of $6.02B (+10.3% Y/Y) beats by $250M . 2026 EPS Guidance Reconciliation Estimated GAAP EPS Guidance $6.12 to $6.42 Mark-to-Market Impact of Commodity Hedging Activities 0.05 Impact of WVPSC Order (0.07) Pirkey Plant Disallowance 0.06 Income Tax Effect of Adjustments (0.01) Operating EPS Guidance $6.15...
American Electric Power press release ( AEP ): Q1 Non-GAAP EPS of $1.64 beats by $0.07 . Revenue of $6.02B (+10.3% Y/Y) beats by $250M . 2026 EPS Guidance Reconciliation Estimated GAAP EPS Guidance $6.12 to $6.42 Mark-to-Market Impact of Commodity Hedging Activities 0.05 Impact of WVPSC Order (0.07) Pirkey Plant Disallowance 0.06 Income Tax Effect of Adjustments (0.01) Operating EPS Guidance $6.15 to $6.45 vs $6.36 consensus Click to enlarge More on American Electric Power American Electric Power: Attractive Transmission Exposure But Elevated Valuations American Electric Power Company, Inc. (AEP) Shareholder/Analyst Call Prepared Remarks Transcript American Electric Power: An Attractive Exposure To The Electrification Boom American Electric Power Q1 2026 Earnings Preview Quant check: Power stocks in focus as EVs, data center demand drive global electricity surge
It was an honour to be asked to help find talent for the men’s team and I am enjoying and benefiting from the responsibility The buzz after I mentioned doing some scouting in the men’s game for Bayern Munich, during my appearance as an analyst on Swedish broadcaster SVT for the men’s team’s Champions League match against Real Madrid, is a bit of a double-edged sword. On the one hand, I thought: ‘W...
It was an honour to be asked to help find talent for the men’s team and I am enjoying and benefiting from the responsibility The buzz after I mentioned doing some scouting in the men’s game for Bayern Munich, during my appearance as an analyst on Swedish broadcaster SVT for the men’s team’s Champions League match against Real Madrid, is a bit of a double-edged sword. On the one hand, I thought: ‘Why is this such big news? It shouldn’t be.’ On the other hand, I understand it and I’m happy there has been so much positivity and encouragement around it. I hope it widens people’s perspectives and helps break barriers for women working in men’s football, because I think we’re ready for that, men’s football is ready for it and it needs it. I hope it inspires other clubs to see it as a good idea. Why not give these opportunities to someone who wants them and wants to prepare for their career after football? Continue reading...
Editas Medicine press release ( EDIT ): Q1 GAAP EPS of -$0.26 in-line. Revenue of $2.8M (-39.9% Y/Y) misses by $3.14M . Cash and cash equivalents as of March 31, 2026, were $123.6 million compared to $146.6 million as of December 31, 2025. More on Editas Medicine Editas Medicine, Inc. (EDIT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Editas Medicine GAAP EPS of -$0.06...
Editas Medicine press release ( EDIT ): Q1 GAAP EPS of -$0.26 in-line. Revenue of $2.8M (-39.9% Y/Y) misses by $3.14M . Cash and cash equivalents as of March 31, 2026, were $123.6 million compared to $146.6 million as of December 31, 2025. More on Editas Medicine Editas Medicine, Inc. (EDIT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Editas Medicine GAAP EPS of -$0.06 beats by $0.20, revenue of $24.74M beats by $15.97M Seeking Alpha’s Quant Rating on Editas Medicine Historical earnings data for Editas Medicine Financial information for Editas Medicine
Ferrari NV reported a rise in first-quarter earnings that beat analysts’ estimates, as personal add-ons and a richer mix of supercars outweighed a wartime drop in deliveries. Earnings before interest, taxes, depreciation and amortization advanced 4%, the Italian company said Tuesday. Revenue also came in slightly ahead of expectations. The results demonstrate Ferrari’s ability to protect profitabi...
Ferrari NV reported a rise in first-quarter earnings that beat analysts’ estimates, as personal add-ons and a richer mix of supercars outweighed a wartime drop in deliveries. Earnings before interest, taxes, depreciation and amortization advanced 4%, the Italian company said Tuesday. Revenue also came in slightly ahead of expectations. The results demonstrate Ferrari’s ability to protect profitability even as shipments fell 4.4% from a year earlier. The Maranello-based company padded sales with personalizations and more expensive new models. While deliveries declined to 3,436 cars, the company said this was due to the planned model changeover, and that it was able to offset interruptions from the conflict in the Middle East by allocating cars to other geographies. Still, shipments to Europe, the Middle East and Africa dropped 14%. Deliveries to the Americas rose slightly while volumes increased 7.6% to mainland China, Hong Kong and Taiwan. Ferrari’s first-quarter Ebitda of €722 million ($844 million) compares with the consensus estimate of €710 million from analysts surveyed by Bloomberg. Revenue rose 3% to €1.85 billion, above the €1.82 billion expectation. Read More: Ferrari Sets Price for First Electric Car at Around €550,000 Ferrari said its order book was extended further toward the end of next year, giving it rare visibility compared with automakers serving a broader market. The earnings come as Ferrari, like other carmakers in the European Union, faces renewed pressure from US tariffs after President Donald Trump said he would raise duties on cars and trucks from the region to 25% from 15%. Shares of Ferrari fell 1.1% in Milan. The stock has fallen about 9% this year, as the Iran war temporarily interrupted deliveries to its key Middle East clientele, and more broadly dented sales of luxury goods. The company has historically been seen as better placed than mass-market rivals to defend margins, given its wealthy client base, limited production and long waitin...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Spencer Soper interviews a longtime eBay investor about GameStop’s takeover offer. Tech Across the Globe Apple seeks redundancy: The iPhone maker has held talks with Intel and Samsung about potentially using their chipmaking services, at a time when TSMC’s capacity is bei...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Spencer Soper interviews a longtime eBay investor about GameStop’s takeover offer. Tech Across the Globe Apple seeks redundancy: The iPhone maker has held talks with Intel and Samsung about potentially using their chipmaking services, at a time when TSMC’s capacity is being strained by AI. Securing Apple as a customer would be a huge win for Intel CEO Lip-Bu Tan. Expectations for Grand Theft Auto VI : The latest installment of the GTA series is widely expected to be an industry-changing event when it hits in November. The CEO of publisher Take-Two calls such hopes “terrifying.” Musk settles Twitter suit: Elon Musk agreed to pay $1.5 million to end the US Securities and Exchange Commission’s lawsuit accusing him of cheating shareholders when he bought social media company Twitter. See the settlement details here . Europe presses for Mythos: The EU is in talks with Anthropic to use the company’s Mythos AI model to test software used by companies and banks for any vulnerabilities. Read why the EU ministers are so concerned . Revalued AI chipmaker Cerebras is seeking to raise as much as $3.5 billion in an initial public offering that would value the company at $26.6 billion. The startup is offering 28 million shares at $115 to $125 each. In February, Cerebras raised $1 billion at a valuation of $23 billion, including the money raised. Hard to impress GameStop’s $56 billion bid to take over much larger eBay prompted a big question: Where does the money come from? In his unsolicited offer released Sunday, GameStop Chief Executive Officer Ryan Cohen said he would offer $125 a share — consisting of 50% cash and 50% GameStop stock — to eBay shareholders, giving them a 20% premium to the stock price on Friday. GameStop had a market capitalization of about $10.7 billion at the close Monday, not even half of the half Cohen needs to close the deal. EBay...