Duke Energy press release ( DUK ): Q1 Non-GAAP EPS of $1.93 beats by $0.13 . Revenue of $9.18B (+11.3% Y/Y) beats by $690M . The company is reaffirming its 2026 adjusted EPS guidance of $6.55 to $6.80 vs $6.70 consensus and long-term adjusted EPS growth rate of 5% to 7% through 2030 off the 2025 midpoint of $6.30, with confidence to earn in the top half of the range beginning in 2028. More on Duke...
Duke Energy press release ( DUK ): Q1 Non-GAAP EPS of $1.93 beats by $0.13 . Revenue of $9.18B (+11.3% Y/Y) beats by $690M . The company is reaffirming its 2026 adjusted EPS guidance of $6.55 to $6.80 vs $6.70 consensus and long-term adjusted EPS growth rate of 5% to 7% through 2030 off the 2025 midpoint of $6.30, with confidence to earn in the top half of the range beginning in 2028. More on Duke Energy Duke Energy's Products Give Us A Credit Risk-Free Opportunity Once Again Duke Energy: Surging Treasury Yields Could Spark Volatility For This Utility Duke Energy: Prime Sunbelt Assets Set It Up For AI Tailwinds Duke Energy preview – this utility faces rate-driven volatility Duke Energy gets NRC extension to operate Robinson nuclear plant to 2050
Rockwell Automation press release ( ROK ): Q2 Non-GAAP EPS of $3.30 beats by $0.42 . Revenue of $2.24B (+12.0% Y/Y) beats by $80M . Total ARR up 6% year over year Updates fiscal 2026 reported sales growth and organic sales growth ranges to 5% - 9% Updates fiscal 2026 diluted EPS guidance range to $11.88 - $12.48 and Adjusted EPS guidance range to $12.50 - $13.10 Introduces Enterprise operating pro...
Rockwell Automation press release ( ROK ): Q2 Non-GAAP EPS of $3.30 beats by $0.42 . Revenue of $2.24B (+12.0% Y/Y) beats by $80M . Total ARR up 6% year over year Updates fiscal 2026 reported sales growth and organic sales growth ranges to 5% - 9% Updates fiscal 2026 diluted EPS guidance range to $11.88 - $12.48 and Adjusted EPS guidance range to $12.50 - $13.10 Introduces Enterprise operating profit and Enterprise operating margin performance measures, which include Corporate and other expenses. Fiscal Year 2026 Outlook The table below provides updated fiscal 2026 guidance . Following the April 1, 2026 dissolution of the Sensia joint venture, the sales, earnings, and cash flows of the divested businesses are excluded from second-half guidance. Organic sales growth for the third and fourth quarters will reflect adjustments for comparable prior-year periods. Updated Guidance (1) Prior Guidance (1) Reported sales midpoint ~$8.9B vs. $8.87B consensus ~$8.8B Reported sales growth 5% - 9% 3% - 7% Organic sales growth (2) 5% - 9% 2% - 6% Divestiture ~ (1.5)% ~ 0% Currency translation ~ 1.5% ~ 1% Diluted EPS $11.88 - $12.48 $10.75 - $11.55 Adjusted EPS (2) $12.50 - $13.10 vs. $12.14 consensus $11.40 - $12.20 Click to enlarge More on Rockwell Automation Rockwell Automation: The Premiumization Is Unconvincing In 2026 Rockwell Automation, Inc. (ROK) Presents at Bank of America Global Industrials Conference 2026 Transcript Rockwell Automation, Inc. (ROK) Presents at Bank of America Global Industrials Conference 2026 - Slideshow Rockwell Automation Q2 2026 Earnings Preview Rockwell Automation declares $1.38 dividend
Jeenah Moon/Getty Images News Pfizer ( PFE ) shares were muted even as the company topped Wall Street estimates with its first quarter results and reaffirmed its full-year outlook. The New York-based pharma giant generated adjusted EPS of $0.75 (-18% Y/Y) on revenue of $14.5B, a 5% rise compared to the prior-year quarter, reflecting an operational increase of $304M, or 2%. Pfizer ( PFE ) is workin...
Jeenah Moon/Getty Images News Pfizer ( PFE ) shares were muted even as the company topped Wall Street estimates with its first quarter results and reaffirmed its full-year outlook. The New York-based pharma giant generated adjusted EPS of $0.75 (-18% Y/Y) on revenue of $14.5B, a 5% rise compared to the prior-year quarter, reflecting an operational increase of $304M, or 2%. Pfizer ( PFE ) is working to streamline costs while rebuilding its pipeline to support future growth. However, several key products face increasing pressure, with drugs like Prevnar and Vyndaqel encountering new competition, while demand for COVID-related products continues to decline. Q1 operational growth was driven by higher sales of older medicines, including cancer drug Padcev, blood thinner Eliquis, oncology biosimilars, and migraine treatment Nurtec, though this was partly offset by declining COVID-19 product revenue. The drugmaker reported strong growth in Eliquis sales at around $2.17B (+13% Y/Y, above $1.93B estimates), while COVID-19 medication Paxlovid revenue fell sharply to $186M (-62% Y/Y, below $248.4M estimates), and the Prevnar franchise generated $1.69B (+2% Y/Y, ahead of $1.62B estimates). The company also reaffirmed its 2026 sales guidance of $59.5B to $62.5B, in line with the average analyst expectation of $61.37B . Adjusted diluted EPS is projected to be in the range of $2.80 to $3.00 (vs. consensus of $2.96). Albert Bourla, chairman and CEO of Pfizer, said: “We're off to a strong start in 2026, and it reinforces our confidence that we will successfully navigate this defining period for Pfizer. Our R&D pipeline is advancing on multiple fronts – with positive Phase 3 readouts and encouraging mid-stage results building meaningful momentum – and I'm particularly encouraged by what we're seeing in oncology and obesity, two areas where I believe Pfizer is positioned to lead.” Weighing on the results, Edmund Ingham , Investing Group Leader for Haggerston BioHealth, said, "Pfizer e...
Harley-Davidson press release ( HOG ): Q1 GAAP EPS of $0.22 misses by $0.01 . Revenue of $1.17B (-12.0% Y/Y) beats by $173.38M . North American retail motorcycle sales of 23,803 units, up 14% vs. prior year Global retail motorcycle sales of 33,507 units, up 8% vs. prior year Global dealer inventory levels of new motorcycles ended Q1 '26 down 22% vs. end Q1 '25 HDMC global motorcycle shipments of 3...
Harley-Davidson press release ( HOG ): Q1 GAAP EPS of $0.22 misses by $0.01 . Revenue of $1.17B (-12.0% Y/Y) beats by $173.38M . North American retail motorcycle sales of 23,803 units, up 14% vs. prior year Global retail motorcycle sales of 33,507 units, up 8% vs. prior year Global dealer inventory levels of new motorcycles ended Q1 '26 down 22% vs. end Q1 '25 HDMC global motorcycle shipments of 37,295, down 3% vs. prior year HDMC revenue of $1.1 billion, down 2% vs. prior year HDFS operating income margin of 19.9% Delivered diluted EPS of $0.22 Repurchased $128 million of shares (6.6 million shares) on a discretionary basis Incurred $15 million of costs related to strategic changes, including termination benefits and other restructuring charges For the full year 2026, the Company reaffirms its guidance and continues to expect: HDMC global motorcycle retail sales of 130,000 to 135,000 units HDMC global motorcycle wholesale shipments of 130,000 to 135,000 units HDMC operating income of a $40 million loss to a $10 million profit HDFS operating income of $45 to $60 million LiveWire operating loss of $70 to $80 million Harley-Davidson, Inc. capital investments of $175 to $200 million More on Harley-Davidson Harley-Davidson: Possibly The Next Big Short Squeeze Harley-Davidson: Shares Trading At A Sizeable Discount To Tangible Book Value Harley-Davidson, Inc. (HOG) Discusses HDFS Business Model Update and Strategic Partnerships with KKR and PIMCO - Slideshow Harley-Davidson Q1 2026 Earnings Preview Private credit seeks billions in credit-card debt incurred by consumers
Small-cap stocks delivered some of the most explosive returns in the market over the past month, with the top performers posting gains ranging from 98% to over 157%, a range that reflects both genuine fundamental catalysts and the high-beta volatility that defines the small-cap universe. Leading the list is Viking Acquisition Corp. I ( VACI.WS ) with a 157.63% gain, followed by Atomera ( ATOM ) at...
Small-cap stocks delivered some of the most explosive returns in the market over the past month, with the top performers posting gains ranging from 98% to over 157%, a range that reflects both genuine fundamental catalysts and the high-beta volatility that defines the small-cap universe. Leading the list is Viking Acquisition Corp. I ( VACI.WS ) with a 157.63% gain, followed by Atomera ( ATOM ) at 154.79% and agilon health ( AGL ) at 150.83%, the latter surging on the announcement of healthcare veteran Tim O'Rourke as its new CEO effective May 7, 2026,a leadership change that has reignited investor confidence in a company working to restructure its business model. Bandwidth Inc. ( BAND ) rounded out the top five with a 149.42% gain as its cloud communications platform attracted renewed investor interest. Further down the list, Wolfspeed ( WOLF ) and Xerox ( XRX ) each more than doubled, Wolfspeed surging over 105% in the month as the silicon carbide chipmaker's restructuring narrative gained traction, with its 1-month gain confirmed at approximately 110% by multiple data sources. Inhibrx Biosciences ( INBX ) also crossed the 100% threshold with a verified 1-month gain of roughly 102%, supported by a strong year-over-year performance that has seen the biotech climb nearly 945% over the past year. On the quant side, Rackspace Technology (RXT, 4.48) and Everspin Technologies (MRAM, 4.36) carry Buy ratings, the two names where price momentum and fundamental strength are most clearly aligned across the list. Viking Acquisition Corp. I ( VACI.WS ), 1 month performance percentage: 157.63% Atomera Incorporated ( ATOM ), 1 month performance percentage: 154.79% agilon health, inc. ( AGL ), 1 month performance percentage: 150.84% Bandwidth Inc. ( BAND ), 1 month performance percentage: 149.42% Rackspace Technology, Inc. ( RXT ), 1 month performance percentage: 109.92% Xerox Holdings Corporation ( XRX ), 1 month performance percentage: 106.35% Wolfspeed, Inc. ( WOLF ), 1 month ...
CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its pipeline of multibillion-dollar deals with its first-quarter earnings report later this week, according to two firms on Wall Street. Bank of America, which has a buy rating on the cloud-computing name, raised its price objective on shares to $140 from $120. That new target sug...
CoreWeave still looks attractive despite its recent rally, particularly as the company prepares to update investors on its pipeline of multibillion-dollar deals with its first-quarter earnings report later this week, according to two firms on Wall Street. Bank of America, which has a buy rating on the cloud-computing name, raised its price objective on shares to $140 from $120. That new target suggests nearly 12% upside from Monday's close. Jefferies also raised its price target on shares to $160 from $120, implying 28% upside from their closing price on Monday. The firm also has a buy rating on the stock. "CRWV is set for a major [remaining performance obligation] step-up after announcing 3 deals in [April]," Jefferies analyst Brent Thill said in a note, referring to the company's deals with Meta, Anthropic and Jane Street announced last month. "Consistent execution on [revenue], [margins] & active power is key to restoring [long-term] conviction in targets. Our checks reinforce unrelenting AI compute demand & CRWV's edge in hosting increasingly complex workloads," he added. CRWV YTD mountain CRWV year to date Shares have jumped 75% in the year to date as hyperscalers seek out cloud-computing services for their artificial intelligence-focused data centers. Amid the surge, CoreWeave has built up a pipeline of commitments worth more than $95 billion, which includes a $21 billion agreement with Meta and a $6 billion deal with Jane Street signed in April. It also signed a deal with Anthropic last month, although the terms of the agreement are not public. Those investments into AI infrastructure should boost shares of CoreWeave, if a series of planned data centers are built according to schedule, per Bank of America. "Investors are increasingly focused on how efficiently this investment in capacity is converted into recognized revenue, particularly as RPO reached $60.7bn last quarter and incremental customer commitments were announced throughout the quarter," Bank of Am...
The Chinese navy has unveiled a new anti-drone air defence system, state media reported on Monday. In recent years, drones have fundamentally transformed naval warfare and emerged as a significant threat to modern warships in conflicts such as Russia’s war against Ukraine and the US-Israeli attacks on Iran. State broadcaster CCTV said a “finalisation test” – which certifies that a weapon system’s ...
The Chinese navy has unveiled a new anti-drone air defence system, state media reported on Monday. In recent years, drones have fundamentally transformed naval warfare and emerged as a significant threat to modern warships in conflicts such as Russia’s war against Ukraine and the US-Israeli attacks on Iran. State broadcaster CCTV said a “finalisation test” – which certifies that a weapon system’s design meets all operational requirements – had been successfully carried out in the Bohai Sea. In...
Fiserv press release ( FISV ): Q1 Non-GAAP EPS of $1.79 beats by $0.21 . Revenue of $4.68B (-2.3% Y/Y) misses by $50M . Fiserv continues to expect organic revenue growth of 1% to 3% and adjusted earnings per share of $8.00 to $8.30 for 2026. Shares +3.6% PM. More on Fiserv Fiserv: New Management, New Markets, New Hope Fiserv: Deeply Undervalued, But Don't Expect A Sharp Rebound Fiserv, Inc. (FISV)...
Fiserv press release ( FISV ): Q1 Non-GAAP EPS of $1.79 beats by $0.21 . Revenue of $4.68B (-2.3% Y/Y) misses by $50M . Fiserv continues to expect organic revenue growth of 1% to 3% and adjusted earnings per share of $8.00 to $8.30 for 2026. Shares +3.6% PM. More on Fiserv Fiserv: New Management, New Markets, New Hope Fiserv: Deeply Undervalued, But Don't Expect A Sharp Rebound Fiserv, Inc. (FISV) Presents at Wells Fargo Payments/Fintech Symposium 2026 Transcript Fiserv Q1 2026 Earnings Preview CPI Card, Fiserv form an alliance to modernize payment card issuance
Tesla CEO Elon Musk hopes that FSD will advance to unsupervised autonomous driving by the end of the year. Achieving that would be a catalyst for Tesla stock, demonstrating that widespread use of truly self-driving cars is just around the corner. Musk missed the deadline by 11 days, potentially costing former Twitter holders money.
Tesla CEO Elon Musk hopes that FSD will advance to unsupervised autonomous driving by the end of the year. Achieving that would be a catalyst for Tesla stock, demonstrating that widespread use of truly self-driving cars is just around the corner. Musk missed the deadline by 11 days, potentially costing former Twitter holders money.
It's been a history-filled year on Wall Street -- and we still have eight months to go! In addition to the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) recently catapulting to fresh all-time highs, we'll likely witness some of the largest initial public offerings (IPOs) ever on Wall Street. Artificial intelligence (AI) large language model developers OpenAI and Anthropic are...
It's been a history-filled year on Wall Street -- and we still have eight months to go! In addition to the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) recently catapulting to fresh all-time highs, we'll likely witness some of the largest initial public offerings (IPOs) ever on Wall Street. Artificial intelligence (AI) large language model developers OpenAI and Anthropic are contemplating going public before the year's end with valuations in the neighborhood of $1 trillion. But the star of the show is Elon Musk's space infrastructure and AI conglomerate SpaceX, which is expected to command a valuation of $1.75 trillion to $2 trillion . The $75 billion SpaceX aims to raise would more than double the $29.4 billion Saudi Aramco raised with its December 2019 IPO. Image source: Getty Images. Continue reading
Booking (NASDAQ:BKNG) Chief Financial Officer Ewout Steenbergen told attendees at a Barclays conference that the company is navigating near-term disruption from conflict in the Middle East while seeing “really strong” underlying demand trends across other regions and continuing to invest in artifici
Booking (NASDAQ:BKNG) Chief Financial Officer Ewout Steenbergen told attendees at a Barclays conference that the company is navigating near-term disruption from conflict in the Middle East while seeing “really strong” underlying demand trends across other regions and continuing to invest in artifici
Trump-endorsed candidate facing a long-shot challenge from car designer and YouTube provocateur Casey Putsch Voters in Ohio on Tuesday are selecting candidates ahead of November’s midterm elections. The state is expected to play a major role in deciding whether Donald Trump’s fellow Republicans maintain control of Congress for the final two years of his term. The race with the highest national pro...
Trump-endorsed candidate facing a long-shot challenge from car designer and YouTube provocateur Casey Putsch Voters in Ohio on Tuesday are selecting candidates ahead of November’s midterm elections. The state is expected to play a major role in deciding whether Donald Trump’s fellow Republicans maintain control of Congress for the final two years of his term. The race with the highest national profile is Ohio’s Senate special election, in which Sherrod Brown, a Democrat, is vying to unseat the Republican incumbent, Jon Husted, and return to the chamber after failing to win re-election in 2024. The winner will serve the final two years of the term JD Vance won in 2022, before he became vice-president last year. Donald Trump has threatened that Iran will be “blown off the face of the earth” if it attacks US vessels trying to reopen a route through the strait of Hormuz . The US launched an operation to help hundreds of ships trapped with their crews in the Gulf, dragging the region back to the brink of full-scale war. While the US military claimed to have destroyed six Iranian small boats and intercepted both Iranian cruise missiles and drones, this was denied by Iran. More here . The Trump administration moved to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change . The justice department, the administration’s law enforcement arm, filed an action in federal court in Minneapolis arguing that the federal government has the authority to regulate greenhouse gas emissions, not states, and that Minnesota officials are trying to improperly impose their policy preferences on the rest of the country. The US supreme court went out of its way to help Louisiana Republicans redraw their congressional maps ahead of this year’s midterm elections. The procedural move comes less than a week after the court’s landmark decision striking down Louisiana’s congressional map and gutti...
US equity futures rebound and oil eases as the US-Iran ceasefire holds after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates. In a Bloomberg scoop, Apple has held preliminary talks about enlisting Intel and Samsung to produce the main processors for its devices in the US. Henrietta Pacquement of Allspring Global Investment sees gradu...
US equity futures rebound and oil eases as the US-Iran ceasefire holds after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates. In a Bloomberg scoop, Apple has held preliminary talks about enlisting Intel and Samsung to produce the main processors for its devices in the US. Henrietta Pacquement of Allspring Global Investment sees gradual softening in the labor market. (Source: Bloomberg)
Erste Group Bank AG is working on a significant risk transfer tied to commercial real estate loans in Austria as regulators push lenders to bolster their capital buffers against potential defaults in the sector. The Vienna-based bank is talking to investors about an SRT linked to almost €4 billion ($4.7 billion) of loans, according to people familiar with the matter who asked not to be identified ...
Erste Group Bank AG is working on a significant risk transfer tied to commercial real estate loans in Austria as regulators push lenders to bolster their capital buffers against potential defaults in the sector. The Vienna-based bank is talking to investors about an SRT linked to almost €4 billion ($4.7 billion) of loans, according to people familiar with the matter who asked not to be identified because the discussions are private. The terms of the potential transaction could change as the sale proceeds, the people said. Austria’s Financial Market Stability Board is increasing the amount of additional capital lenders must hold for commercial real estate to 3.5% of their exposure from 1%. The regulator introduced the tougher extra reserve requirement – to be phased-in by the middle of 2027 – as the share of non-performing CRE loans at Austrian banks rose to 8.3% at the end of 2025, up from 6.3% a year earlier. Banks Turn to SRTs to Hedge Rising Commercial Real Estate Risks Credit risk in commercial real estate has been rising as higher inflation pushes up financing costs, compounding structural challenges facing the sector. In Austria, commercial housing developers in particular have faced financial strains; their ratio of non-performing loans had risen to 14% by the end of January. SRTs allow banks to gain capital relief by offloading a share of the default risk onto investors, meaning they have to keep less cash tied up in reserve to meet regulatory requirements. Investors are attracted by coupons that can exceed 10% based on current benchmark interest rates. Erste’s planned SRT is expected to cover nearly 7% of the loan portfolio, and the deal could be completed in the coming months, the people said. A representative for Erste declined to comment on ongoing transactions. The bank’s non-performing loan ratio for commercial real estate credit is “significantly below” the market average in Austria, he said, declining to give an exact number as the data is not public...
Russian attack on gas facility in Poltava region kills three energy firm employees and two emergency service workers Volodymyr Zelenskyy has accused the Kremlin of “utter cynicism” for killing five people in overnight strikes at the same time as seeking a truce so it can stage a military parade in Moscow. Three employees of the state energy firm Naftogaz were killed in an initial attack on a gas f...
Russian attack on gas facility in Poltava region kills three energy firm employees and two emergency service workers Volodymyr Zelenskyy has accused the Kremlin of “utter cynicism” for killing five people in overnight strikes at the same time as seeking a truce so it can stage a military parade in Moscow. Three employees of the state energy firm Naftogaz were killed in an initial attack on a gas facility in Ukraine’s central Poltava region, and two emergency service workers died at the scene in a follow-on bombing. Thirty-seven people were injured in the strikes. Continue reading...
DigitalOcean press release ( DOCN ): Q1 Non-GAAP EPS of $0.44 beats by $0.18 . Revenue of $258M (+22.3% Y/Y) beats by $8.24M . DigitalOcean is initiating guidance for the second quarter ending June 30, 2026 as follows: Total revenue of $272 to $274 million, up 24% to 25% year-over-year. (vs. consensus of $ 260.95M ) Adjusted EBITDA margin of 37% to 38%. Non-GAAP diluted net income per share of $0....
DigitalOcean press release ( DOCN ): Q1 Non-GAAP EPS of $0.44 beats by $0.18 . Revenue of $258M (+22.3% Y/Y) beats by $8.24M . DigitalOcean is initiating guidance for the second quarter ending June 30, 2026 as follows: Total revenue of $272 to $274 million, up 24% to 25% year-over-year. (vs. consensus of $ 260.95M ) Adjusted EBITDA margin of 37% to 38%. Non-GAAP diluted net income per share of $0.20 to $0.23. (vs. consensus of $0.23 ) Fully diluted weighted average shares outstanding of approximately 121 to 122 million shares. For the full year 2026, we expect: Total revenue of $1.130 to $1.145 billion, up 25% to 27% year-over-year. (vs. consensus of $ 1.10B ) Adjusted EBITDA margin of 37% to 39%. Adjusted free cash flow margin in the range of 9% to 12% of revenue. Non-GAAP diluted net income per share of $1.10 to $1.20. (vs. consensus of $0.99 ) Fully diluted weighted average shares outstanding of approximately 118 to 119 million shares. More on DigitalOcean DigitalOcean Holdings, Inc. (DOCN) Presents at Citigroup's Annual AI Summit 2026 Transcript DigitalOcean: The Inference Cloud Thesis Has Still Not Been Priced In DigitalOcean: The Profitable Alternative In The AI Infrastructure Space DigitalOcean Q1 2026 Earnings Preview Digital Ocean, Klaviyo and Paycom are Barclays' favorite software stocks going into Q1
Shopify Inc press release ( SHOP ): Q1 Revenue of $3.17B (+34.3% Y/Y) beats by $80M . For the second quarter of 2026, we expect: Revenue to grow at a high-twenties percentage rate on a year-over-year basis vs. estimated growth of 26.75% Y/Y; Gross profit dollars to grow at a mid-twenties percentage rate on a year-over-year basis; Operating expenses as a percentage of revenue to be 35% to 36%; Stoc...
Shopify Inc press release ( SHOP ): Q1 Revenue of $3.17B (+34.3% Y/Y) beats by $80M . For the second quarter of 2026, we expect: Revenue to grow at a high-twenties percentage rate on a year-over-year basis vs. estimated growth of 26.75% Y/Y; Gross profit dollars to grow at a mid-twenties percentage rate on a year-over-year basis; Operating expenses as a percentage of revenue to be 35% to 36%; Stock-based compensation to be $145 million; and Free cash flow margin to be in the mid-teens. More on Shopify Inc Shopify Preview: Expensive, But Not Overhyped Ahead Of Q1 Shopify's Next Leg Isn't Valuation - It's AI-Driven Commerce (Double Rating Upgrade) Shopify: Highly AI-Resistant, 'Buy' The Dip Shopify Q1 preview: AI initiatives and GMV growth take center stage Nasdaq hits record high after Iran opens Strait of Hormuz
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...