woraput/E+ via Getty Images Wall Street rallied on Thursday as investors monitored ongoing U.S.-China diplomatic discussions and continued rotating back into economically sensitive sectors, helping the benchmark S&P 500 cross the 7,500 level for the first time. The technology-heavy Nasdaq Composite ( COMP:IND ) gained 0.8%, while the blue-chip Dow Jones Industrial Average ( DJI ) climbed 0.7%, and...
woraput/E+ via Getty Images Wall Street rallied on Thursday as investors monitored ongoing U.S.-China diplomatic discussions and continued rotating back into economically sensitive sectors, helping the benchmark S&P 500 cross the 7,500 level for the first time. The technology-heavy Nasdaq Composite ( COMP:IND ) gained 0.8%, while the blue-chip Dow Jones Industrial Average ( DJI ) climbed 0.7%, and the broader S&P 500 ( SP500 ) finished higher by 0.7%. Seeking Alpha analyst Leo Nelissen said enthusiasm surrounding artificial intelligence shares has continued to fuel broader market momentum even as investors remain cautious about slowing economic growth and elevated interest rates. “‘When in doubt, pump AI’ is something a hedge fund advisor told me today,” Nelissen said, describing the strong performance of AI-linked stocks, which he noted have surged nearly 30% over the past three months. However, Nelissen argued Thursday’s session also highlighted improving participation outside the technology sector. “Today was a great example of a countertrend, as cyclical value had a strong up day,” he stated. According to Nelissen, that rotation into cyclical and value-oriented shares could continue “unless the Iran situation worsens,” as investors increasingly broaden exposure beyond megacap technology names. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets Top 20 stocks fueling the S&P 500 north of 7,500 Dow crosses 50K and these 10 names have been the index's YTD leaders S&P 500 and Nasdaq hit fresh records as history signals more highs could follow Fed’s favorite inflation gauge seen running at more than double target rate U.S. Misery Index climbs to 3-year high as inflation and unemployment rise
Figma, Inc. press release ( FIG ): Q1 Non-GAAP EPS of $0.10 beats by $0.04 . Revenue of $333.44M (+46.1% Y/Y) beats by $17.42M . Based on information as of today, Figma is providing the following guidance: Second Quarter 2026 Outlook: Revenue between $348.0 million and $350.0 million vs consensus of $329.46M, implying 40% year-over-year growth at the midpoint of the range. Full Year 2026 Outlook: ...
Figma, Inc. press release ( FIG ): Q1 Non-GAAP EPS of $0.10 beats by $0.04 . Revenue of $333.44M (+46.1% Y/Y) beats by $17.42M . Based on information as of today, Figma is providing the following guidance: Second Quarter 2026 Outlook: Revenue between $348.0 million and $350.0 million vs consensus of $329.46M, implying 40% year-over-year growth at the midpoint of the range. Full Year 2026 Outlook: Revenue between $1.422 billion and $1.428 billion vs consensus of $1.37B, implying 35% year-over-year growth at the midpoint of the range and a raise of $55 million to Figma’s previously issued guidance. Non-GAAP operating income between $125.0 million and $135.0 million, representing a non-GAAP operating margin of 9% at the midpoint of the range. Shares +13.44% AH. More on Figma, Inc. Figma: AI Growth Is Real, But So Are Structural Risks Figma: Seat Churn Likely, Take Caution Ahead Of Earnings (Rating Downgrade) Figma: Is It Finally Time? Partially (Rating Upgrade) Figma, Inc. Q1 2026 Earnings Preview Goldman Sachs cuts IPO forecast; biggest IPOs since 2025 ranked by market cap
President Trump's summit in China with President Xi is underway, with Nvidia (NVDA) CEO Jensen Huang and Tesla (TSLA) CEO Elon Musk tagging along. Yahoo Finance Technology Editor Dan Howley explains what talks in China could mean for Nvidia.
President Trump's summit in China with President Xi is underway, with Nvidia (NVDA) CEO Jensen Huang and Tesla (TSLA) CEO Elon Musk tagging along. Yahoo Finance Technology Editor Dan Howley explains what talks in China could mean for Nvidia.
Jeffrey Epstein’s emails, appointment books and message logs reveal how the disgraced financier built a sprawling web of rich, powerful and influential contacts. He was a relentless networker, regularly introducing his acquaintances to each other and treating those introductions like business deals — always putting himself at the center of the transaction. Bloomberg's Lizzie Fournier joins to disc...
Jeffrey Epstein’s emails, appointment books and message logs reveal how the disgraced financier built a sprawling web of rich, powerful and influential contacts. He was a relentless networker, regularly introducing his acquaintances to each other and treating those introductions like business deals — always putting himself at the center of the transaction. Bloomberg's Lizzie Fournier joins to discuss. (Source: Bloomberg)
Second Quarter Fiscal 2026 Total Revenue of $ 22.7 Million, Reflecting a 25% Increase Year Over Year First Half Fiscal 2026 Total Revenue of $ 42.3 Million, Reflecting an 18% Increase Year Over Year
Second Quarter Fiscal 2026 Total Revenue of $ 22.7 Million, Reflecting a 25% Increase Year Over Year First Half Fiscal 2026 Total Revenue of $ 42.3 Million, Reflecting an 18% Increase Year Over Year
Sundry Photography Applied Materials ( AMAT ) shares rose 6% in extended trading on Thursday after the semiconductor equipment maker reported fiscal second-quarter results and guidance that topped Wall Street's estimates. For the period ending April 26, Applied Materials said it earned an adjusted $2.86 per share as revenue rose 11% year-over-year to come in at $7.91B. Included in that was a 14% i...
Sundry Photography Applied Materials ( AMAT ) shares rose 6% in extended trading on Thursday after the semiconductor equipment maker reported fiscal second-quarter results and guidance that topped Wall Street's estimates. For the period ending April 26, Applied Materials said it earned an adjusted $2.86 per share as revenue rose 11% year-over-year to come in at $7.91B. Included in that was a 14% increase in semiconductor systems sales to $5.97B, while applied global services rose 6.3% to $1.67B. China accounted for 27% of quarterly revenues to hit $2.087B, compared to $1.774B in the year-ago period. Analysts had expected the company to earn an adjusted $2.68 per share on $7.67B in revenue. “Applied Materials delivered record quarterly performance, and we now expect our semiconductor equipment business to grow more than 30 percent in calendar 2026,” said Gary Dickerson, President and CEO, in a statement . “The rapid global build-out of AI computing infrastructure combined with Applied’s strong leadership positions in leading-edge logic, DRAM and advanced packaging provide an exceptionally strong foundation for sustained, multi-year revenue and profit growth.” Looking ahead, Applied Materials expects revenue to be between $8.45B and $9.45B, well above the $8.15B analysts had expected. Adjusted earnings are forecast to be between $3.16 and $3.56 per share, well above the $2.89 per share estimate. The company will host a conference call at 5 p.m. EST to discuss the results. More on Applied Materials Applied Materials: Supplying Intel Comes With Its Perks Applied Materials: The Next Correction Candidate Applied Materials: A Picks And Shovels Play On The AI Chip Revolution Applied Materials Q2 earnings on deck: What to expect Applied Materials in focus as Citi ups price target on wafer fab equipment surge
Moves designed to strengthen leadership and financial position, advance portfolio, and leverage expertise in precision immunoengineering Moves designed to strengthen leadership and financial position, advance portfolio, and leverage expertise in precision immunoengineering
Moves designed to strengthen leadership and financial position, advance portfolio, and leverage expertise in precision immunoengineering Moves designed to strengthen leadership and financial position, advance portfolio, and leverage expertise in precision immunoengineering
TPV surpassed US$14 billion for the first time (+73% year-over-year), six consecutive quarters of 50%+ year-over-year growth. Record gross profit: US$119 million (+40% year-over-year). Operating profit US$57 million excluding prior years tax adjustments (+25% year-over-year). Expected higher OPEX from 2025 carry-over; operating leverage to improve in 2H26. Net income at US$52 million excluding pri...
TPV surpassed US$14 billion for the first time (+73% year-over-year), six consecutive quarters of 50%+ year-over-year growth. Record gross profit: US$119 million (+40% year-over-year). Operating profit US$57 million excluding prior years tax adjustments (+25% year-over-year). Expected higher OPEX from 2025 carry-over; operating leverage to improve in 2H26. Net income at US$52 million excluding prior-years tax adjustments (+11% year-over-year). Adjusted Free Cash Flow US$15 million, driven by temporary working capital effects, expected to revert. Guidance unchanged.
Virgin Galactic press release ( SPCE ): Q1 GAAP EPS of -$0.81 beats by $0.19 . Revenue of $0.23M (-50.0% Y/Y) misses by $0.01M . Financial Guidance The following forward-looking statements reflect our expectations for the second quarter of 2026 as of May 14, 2026 and are subject to substantial uncertainty. Our results are based on assumptions that we believe to be reasonable as of this date, but m...
Virgin Galactic press release ( SPCE ): Q1 GAAP EPS of -$0.81 beats by $0.19 . Revenue of $0.23M (-50.0% Y/Y) misses by $0.01M . Financial Guidance The following forward-looking statements reflect our expectations for the second quarter of 2026 as of May 14, 2026 and are subject to substantial uncertainty. Our results are based on assumptions that we believe to be reasonable as of this date, but may be materially affected by many factors, as discussed below in “Forward-Looking Statements.” Free cash flow for the second quarter of 2026 is expected to be in the range of $(87) million to $(92) million. For the remainder of 2026, quarterly free cash flow is expected to show sequential improvement from the second quarter. Shares +1.74% AH. More on Virgin Galactic Virgin Galactic Holdings, Inc. 2025 Q4 - Results - Earnings Call Presentation Virgin Galactic: The Clock Is Ticking, But The Execution Gap Is Narrowing (Upgrade) Virgin Galactic Holdings, Inc. (SPCE) Q4 2025 Earnings Call Transcript Virgin Galactic Q1 2026 Earnings Preview Virgin Galactic rises after six straight sessions of losses
Microsoft Corp. on Thursday announced the appointment of Carmine Di Sibio, former global chairman and CEO of EY, to the Microsoft board of directors. He will serve on both the Compensation Committee and Audit Committee, bringing expertise in financial services, risk oversight and global client leadership to meet the evolving needs of our customers while advancing Microsoft's mission to empower eve...
Microsoft Corp. on Thursday announced the appointment of Carmine Di Sibio, former global chairman and CEO of EY, to the Microsoft board of directors. He will serve on both the Compensation Committee and Audit Committee, bringing expertise in financial services, risk oversight and global client leadership to meet the evolving needs of our customers while advancing Microsoft's mission to empower every person and organization to achieve more. With Di Sibio's appointment, the Microsoft board of dire
3 Stocks to Ride the Manufacturing Sector's Big ComebackBrookfield (NYSE:BN) reported a stronger first quarter for fiscal 2026, with management pointing to continued fundraising momentum, resilient operating cash flows and growth in its Wealth Solutions business as key drivers of
3 Stocks to Ride the Manufacturing Sector's Big ComebackBrookfield (NYSE:BN) reported a stronger first quarter for fiscal 2026, with management pointing to continued fundraising momentum, resilient operating cash flows and growth in its Wealth Solutions business as key drivers of
Alex Wong/Getty Images News Elon Musk's lead attorney apologized to the jury for the Tesla ( TSLA ) CEO's absence for the closing arguments of his lawsuit against OpenAI co-founders Greg Brockman and Sam Altman, asserting that Musk still deeply cares about the case. “This is something he is passionate about,” Musk's lead counsel, Steven Molo, told the jury Thursday, according to CNBC . The case is...
Alex Wong/Getty Images News Elon Musk's lead attorney apologized to the jury for the Tesla ( TSLA ) CEO's absence for the closing arguments of his lawsuit against OpenAI co-founders Greg Brockman and Sam Altman, asserting that Musk still deeply cares about the case. “This is something he is passionate about,” Musk's lead counsel, Steven Molo, told the jury Thursday, according to CNBC . The case is being heard by a federal court in Oakland, Calif. Musk is currently in Beijing at a summit between U.S. President Donald Trump and Chinese President Xi Jinping that is expected to focus on trade issues between the countries. Musk is attending the event alongside several of the nation's most influential CEOs, including Apple's Tim Cook, Nvidia's Jensen Huang, Boeing's Kelly Ortberg, and Goldman Sachs's David Solomon. The judge had instructed Musk to make himself available to the court on short notice in case he was needed for any additional testimony. It was unclear if the court had granted Musk permission to leave the country for the trip, CNBC said. Both Altman and Brockman were in attendance for the trial's closing arguments on Thursday, CNBC noted. The Tesla and SpaceX ( SPACE ) CEO is suing OpenAI, Brockman, Altman, and OpenAI investor Microsoft ( MSFT ) for over $130B, claiming they misled him to believe OpenAI would remain a non-profit entity, dedicated to developing AI for the benefit of humanity, when he provided $38M in startup funding. The company was later converted into a for-profit entity, which Musk maintains was done so the defendants could enrich themselves. In addition to damages, Musk is also asking the court to remove Altman as CEO and Brockman as president of OpenAI and convert the company back to a non-profit entity. The defendants have countered that Musk was aware the company had been looking for ways to create a for-profit arm and walked away from the company's board after failing to gain full control of the project. They've also asserted that Musk ...
JHVEPhoto Shares of UnitedHealth ( UNH ) snapped a six-session winning streak on Thursday, closing down 0.59% at $ 398.8, with stock up 9.6% over the past seven sessions. The health insurer has climbed roughly 21% year to date, outperforming the broader SPX, which has gained about 8.75% over the same period. Seeking Alpha views UnitedHealth undervalued despite the recent rally, saying the company ...
JHVEPhoto Shares of UnitedHealth ( UNH ) snapped a six-session winning streak on Thursday, closing down 0.59% at $ 398.8, with stock up 9.6% over the past seven sessions. The health insurer has climbed roughly 21% year to date, outperforming the broader SPX, which has gained about 8.75% over the same period. Seeking Alpha views UnitedHealth undervalued despite the recent rally, saying the company is well-positioned for long-term outperformance. The company posted solid double-beat quarterly results in April. UnitedHealth reported first-quarter revenue of $111.7B, up 2% from a year earlier and above estimates, while adjusted earnings per share of $7.23 beat expectations by $0.63. The company also raised its full-year 2026 adjusted EPS outlook to more than $18.25 from prior guidance of above $17.75. Optimists point to margin expansion from premium repricing, AI-driven cost savings, and plan restructuring. UnitedHealth’s medical care ratio improved to 83.9% from expectations of 85.5%, while management committed $1.5B toward AI investments to improve claims processing and administrative efficiency. While skeptics remain cautious about elevated medical loss ratios and reimbursement uncertainty, the company exited unprofitable Medicare Advantage markets and lost about 1M members. On Wall Street , 22 analysts are Buy and above, five analysts have given the stock a Hold recommendation, and only one recommended Strong Sell. Seeking Alpha analysts rate the stock Buy. More on UnitedHealth UnitedHealth: Beaten Down, Not Broken UnitedHealth: Watch The Recovery In Action UnitedHealth: Went Back Up Too Far, Too Fast (Downgrade) Patent lawsuits slowing biosimilar access to market—Optum Rx CEO UnitedHealth hits 52-week high; up 30% in last month
Unusual Machines press release ( UMAC ): Q1 GAAP EPS of -$0.21 misses by $0.11 . Revenue of $8.09M (+296.6% Y/Y) beats by $2.56M . Shares +2.2% AH. More on Unusual Machines Unusual Machines: How To Play The Drone Boom Without Betting On A Single Platform Unusual Machines: From Vast Opportunity To Concrete Execution (Upgrade) Unusual Machines' Drones Go Vertical Unusual Machines Q1 2026 Earnings Pr...
Unusual Machines press release ( UMAC ): Q1 GAAP EPS of -$0.21 misses by $0.11 . Revenue of $8.09M (+296.6% Y/Y) beats by $2.56M . Shares +2.2% AH. More on Unusual Machines Unusual Machines: How To Play The Drone Boom Without Betting On A Single Platform Unusual Machines: From Vast Opportunity To Concrete Execution (Upgrade) Unusual Machines' Drones Go Vertical Unusual Machines Q1 2026 Earnings Preview Unusual Machines commits $75M to materials to support drone demand
The Trump administration pledged $1.8 billion for the United Nations’ humanitarian arm and suggested more funds could be on the way, even as the White House withholds money to pressure the global organization over its priorities. US Ambassador to the UN Mike Waltz announced the commitment on Thursday to the UN’s Office for the Coordination of Humanitarian Affairs, known as OCHA, on top of $2 billi...
The Trump administration pledged $1.8 billion for the United Nations’ humanitarian arm and suggested more funds could be on the way, even as the White House withholds money to pressure the global organization over its priorities. US Ambassador to the UN Mike Waltz announced the commitment on Thursday to the UN’s Office for the Coordination of Humanitarian Affairs, known as OCHA, on top of $2 billion the US pledged in December. “These funds are for victims of natural disasters, for tsunamis, for earthquakes, for famine — people who are truly in critical need,” Waltz told reporters. He said OCHA has shown “clear commitment to reform” and was successful in deploying past contributions. Contributions to the agency are separate from mandatory payments to the broader UN. While the US is meant to fund 22% of the UN’s regular budget, the Trump administration has paid a fraction of what it owes — and has accrued roughly $2 billion in outstanding dues. On Thursday, Waltz said the amount owed by the US could be whittled down with “an additional, substantial tranche towards our regular budget” that was “coming soon.” The State Department’s Jeremy Lewin, the director of foreign assistance, said in a briefing the US “will exceed our assessed amount this year in UN regular budget contributions.” Read More: US Pledges $2 Billion to UN Humanitarian Affairs Amid Overhaul The Trump administration — which dismantled the US Agency for International Development and criticized the UN for focusing on issues such as gender — has praised OCHA for being a more efficient arm of the world body amid a broader effort to restructure US foreign aid spending. Waltz said the funds announced in December and on Thursday “will result in more cents on every dollar actually getting to people in need.” UN spokesperson Farhan Haq saying in a statement the money will “allow humanitarians to reach millions of people in the most urgent crises with lifesaving support.”
U.S. Secretary of Commerce Howard Lutnick testifies during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on February 10, 2026 in Washington, DC. Lutnick is facing bipartisan calls for his resignation after revelations that came to light in the latest release of Epstein files. Chip Somodevilla | Getty Images News | Getty Images House Democrats on T...
U.S. Secretary of Commerce Howard Lutnick testifies during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on February 10, 2026 in Washington, DC. Lutnick is facing bipartisan calls for his resignation after revelations that came to light in the latest release of Epstein files. Chip Somodevilla | Getty Images News | Getty Images House Democrats on Thursday demanded Commerce Secretary Howard Lutnick 's resignation, alleging he publicly lied about his relationship with notorious sex offender Jeffrey Epstein and refused to "come clean" during a subsequent closed-door interview . "The facts are clear: you lied to the American people and attempted to conceal your relationship with Jeffrey Epstein in your public statements," the House Committee on Oversight and Government Reform's Democratic minority said in a letter to Lutnick . "Your lack of candor demonstrates that you are unfit to perform the duties required of you as secretary of Commerce, and you must step down immediately," read the letter signed by all 21 of the panel's Democratic members. Lutnick claimed in an interview last year that, following a visit to Epstein's Manhattan mansion shortly after he moved next door to him in 2005, he had "decided that I will never be in the room with that disgusting person ever again." "So I was never in the room with him, socially, for business or even philanthropy," Lutnick said in that interview. "If that guy was there, I wasn't going, because he's gross." But after the Department of Justice's release of Epstein-related files showed continued ties between the two men years later, Lutnick admitted in a Senate hearing that he and his family had lunch on the disgraced financier's private island in 2012. Epstein pleaded guilty in 2008 to a state-level charge of soliciting a minor for prostitution, which required him to register as a sex offender. He died in a New York City jail in 2019 while facing federal sex-trafficking charges. ...