Quebecor press release ( QBCRF ): Q1 Non-GAAP EPS of $0.97. Revenue of $1.4B (+4.5% Y/Y). More on Quebecor Quebecor Inc. (QBR.A:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Quebecor Dividend scorecard for Quebecor Financial information for Quebecor
Quebecor press release ( QBCRF ): Q1 Non-GAAP EPS of $0.97. Revenue of $1.4B (+4.5% Y/Y). More on Quebecor Quebecor Inc. (QBR.A:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Quebecor Dividend scorecard for Quebecor Financial information for Quebecor
Cisco stock hit a record high Thursday, but shares are poised to soar even higher following the networking company's blowout fiscal third-quarter results , according to Morgan Stanley. The investment bank has an overweight rating on Cisco and raised its price target to $120 from $91, implying 18% upside from Wednesday's close. "Multiple relative to other AI capex names still reasonable, growth hig...
Cisco stock hit a record high Thursday, but shares are poised to soar even higher following the networking company's blowout fiscal third-quarter results , according to Morgan Stanley. The investment bank has an overweight rating on Cisco and raised its price target to $120 from $91, implying 18% upside from Wednesday's close. "Multiple relative to other AI capex names still reasonable, growth higher than in 15 years, estimates still likely have room for upside, keeping us OW," analyst Meta Marshall said Thursday in a note to clients. Shares surged 14% Thursday morning following the better-than expected report and surprisingly strong financial outlook. Earlier, shares sailed to a record high just north of $119. CSCO YTD mountain Cisco shares year to date In the quarter ended April 25, Cisco earned $1.06 per share after adjustments versus the $1.04 expected by analysts polled by LSEG. Its revenue came in at $15.84 billion, topping the Street's consensus estimate of $15.56 billion. Cisco called for its adjusted earnings to fall in the range of $1.16 to $1.18 per share for the fiscal fourth quarter, topping the $1.07 per share estimate. Morgan Stanley's $120 price target reflects a valuation of roughly 25-times expected earnings of about $4.70 per share in 2027. By comparison, Nvidia , Oracle and Microsoft are trading at price-to-earnings multiples of 25.3, 23.5 and 21.1, respectively. Alphabet has a slightly higher PE ratio of 28.2, while Amazon 's is among the highest for hyperscalers at 29.4. "We also see greater durability in the AI upgrade cycle, which helps address concerns around runway and supports a higher valuation," Marshall wrote, noting that Cisco is now tracking modestly above its long-term growth model set forth during its 2024 analyst day. Morgan Stanley's call falls in line with consensus on the Street. Of the 26 analysts covering Cisco, 18 have a buy or strong buy rating on the stock. Shares are up 52% in the year to date.
The chandeliers glittered at the Great Hall of the People on Thursday night when Chinese President Xi Jinping and his US counterpart Donald Trump raised a toast to a “fantastic” summit. “It was a fantastic day, and in particular, I want to thank President Xi, my friend, for this magnificent welcome ... and for so graciously hosting us on this very historic state visit,” Trump said, nearly nine yea...
The chandeliers glittered at the Great Hall of the People on Thursday night when Chinese President Xi Jinping and his US counterpart Donald Trump raised a toast to a “fantastic” summit. “It was a fantastic day, and in particular, I want to thank President Xi, my friend, for this magnificent welcome ... and for so graciously hosting us on this very historic state visit,” Trump said, nearly nine years after his first presidential trip to the Chinese capital. The banquet capped a day that yielded a...
Shares of Klarna Group (NYSE:KLAR) are up roughly 15% intraday in Thursday morning trading, changing hands near $15.80 after a prior close of $13.69. The pop comes against an otherwise quiet session for the broader buy now, pay later (BNPL) group. By contrast, Affirm Holdings (NASDAQ:AFRM) stock is up 2% at $64.61, and Sezzle (NASDAQ:SEZL) ... Klarna Is Up 15% Today: Is It Outperforming Other BNPL...
Shares of Klarna Group (NYSE:KLAR) are up roughly 15% intraday in Thursday morning trading, changing hands near $15.80 after a prior close of $13.69. The pop comes against an otherwise quiet session for the broader buy now, pay later (BNPL) group. By contrast, Affirm Holdings (NASDAQ:AFRM) stock is up 2% at $64.61, and Sezzle (NASDAQ:SEZL) ... Klarna Is Up 15% Today: Is It Outperforming Other BNPL Stocks Like Affirm and Sezzle?
While record-breaking rallies in tech push the US market (^DJI, ^IXIC, ^GSPC) to new heights in 2026, are retail investors still as engaged with these market dynamics that come with these massive valuations? Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma comment on the latest trends in retail trading activity observed by JPMorgan.
While record-breaking rallies in tech push the US market (^DJI, ^IXIC, ^GSPC) to new heights in 2026, are retail investors still as engaged with these market dynamics that come with these massive valuations? Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma comment on the latest trends in retail trading activity observed by JPMorgan.
KanawatTH/iStock via Getty Images Ares Capital: A leader among BDC peers The tough times continue for business development companies, even though I think we have gotten quite a bit of respite recently. Headwinds in the financial sector have not completely dissipated. But at least I think the losses have not worsened, so to speak. I think there is no doubt that investors were really concerned about...
KanawatTH/iStock via Getty Images Ares Capital: A leader among BDC peers The tough times continue for business development companies, even though I think we have gotten quite a bit of respite recently. Headwinds in the financial sector have not completely dissipated. But at least I think the losses have not worsened, so to speak. I think there is no doubt that investors were really concerned about whether the private credit malaise could proliferate into the rest of the economy. I think it is clear that any mishaps are not expected to be systemic. Federal Reserve commentary on private credit risk (Bloomberg) After all, even the Federal Reserve doesn't believe that the outflow from the retail or wealth channel could have a more debilitating effect on the other investors, especially the institutional channel. And it is even more important when we want to consider whether the top BDCs by market cap, such as Ares Capital ( ARCC ), have managed to circumvent some of the worst effects from the negative sentiments that could lead to a persistent discount in their valuations. As a quick reminder, in my previous update, I mentioned that ARCC already trades at a reasonable earnings multiple when compared to its historical average. And I think it's important for us to consider that, based on the developments in the past few months, ARCC buyers have been able to continue holding that level. So, which goes to show that, despite all the doomsday talk about the software apocalypse, all the downcast narratives being peddled by the media, or the sense of pessimism felt by the retail channel, ARCC has been able to defend the line against a further drawdown. Ares Capital: Sustaining its NAV per share ARCC NAV per share (TIKR) And then when you consider how confident the market is on ARCC, when its price over book value per share is roughly at or close to the parity level. As compared to a much smaller peer like Blue Owl Capital Corporation ( OBDC ), we can see that they trade at a muc...
Aebi Schmidt Holding AG press release ( AEBI ): Q1 revenue of $456M (+0.4% Y/Y). Q1 2026 net income of $0.7M, increased $0.1m from $0.6M in Q1 2025. Aebi Schmidt Group on track to deliver full year 2026 guidance expecting sales in $1.95B to $2.15B range, adjusted EBITDA in $175M to $195M range and leverage ≤ 2.0x. More on Aebi Schmidt Holding AG Aebi Schmidt Holding AG (AEBI) Q4 2025 Earnings Call...
Aebi Schmidt Holding AG press release ( AEBI ): Q1 revenue of $456M (+0.4% Y/Y). Q1 2026 net income of $0.7M, increased $0.1m from $0.6M in Q1 2025. Aebi Schmidt Group on track to deliver full year 2026 guidance expecting sales in $1.95B to $2.15B range, adjusted EBITDA in $175M to $195M range and leverage ≤ 2.0x. More on Aebi Schmidt Holding AG Aebi Schmidt Holding AG (AEBI) Q4 2025 Earnings Call Transcript Historical earnings data for Aebi Schmidt Holding AG Dividend scorecard for Aebi Schmidt Holding AG Financial information for Aebi Schmidt Holding AG
Mikhail Konoplev/iStock via Getty Images CoreWeave ( CRWV ) has launched Sandboxes, an execution layer that provides artificial intelligence researchers a secure and isolated environment to run reinforcement learning, agent tool use, and model evaluation. "As agent tool use and evaluation move to production scale, teams need an execution layer that behaves like the rest of their infrastructure—gov...
Mikhail Konoplev/iStock via Getty Images CoreWeave ( CRWV ) has launched Sandboxes, an execution layer that provides artificial intelligence researchers a secure and isolated environment to run reinforcement learning, agent tool use, and model evaluation. "As agent tool use and evaluation move to production scale, teams need an execution layer that behaves like the rest of their infrastructure—governed, observable, and close to the workflows already running on CoreWeave," said Chen Goldberg , executive vice president of Product and Engineering at CoreWeave. "CoreWeave Sandboxes closes the execution gap in reinforcement learning and agent workflows without requiring teams to build custom execution systems around them." Sandboxes is now available through a customer's own CoreWeave infrastructure or as a serverless runtime through Weights & Biases. "Enterprises are under pressure to build agentic AI automation as fast as possible, so they're looking for any help to accelerate the time from idea to live agent," said Holger Mueller , principal analyst at Constellation Research. "As they enter the next stages of agentic AI automation, they need to support reward verification and evaluation without adding custom infrastructure to the environments they already run." Several cloud providers, such as Amazon Web Services ( AMZN ), Google Cloud ( GOOG )( GOOGL ), and Microsoft Azure ( MSFT ), offer sandbox environments as well. These are especially important for government agencies and other environments requiring stringent security. More on CoreWeave CoreWeave: Q1 Confirmed The Math Doesn't Work CoreWeave: Lagging Margins Create An Uncertain Picture A Lot Further Downside To Come For CoreWeave Shareholders Qualcomm tumbles, leading semiconductor and AI stocks lower CoreWeave reaffirms $12B-$13B 2026 revenue outlook while lifting 2026 exit run rate floor to $18B
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts Cisco Systems shares posted their biggest gain since the Dot-Com boom-and-bust era after the networking giant delivered third-quarter results that beat analysts' estimates. The company also announced a workforce restructuring, aligning with a broader hyperscaler playbook that cuts labor costs and redirects capital toward AI inf...
Cisco Surges Most Since Dot-Com On Raised Outlook, AI-Focused Job Cuts Cisco Systems shares posted their biggest gain since the Dot-Com boom-and-bust era after the networking giant delivered third-quarter results that beat analysts' estimates. The company also announced a workforce restructuring, aligning with a broader hyperscaler playbook that cuts labor costs and redirects capital toward AI infrastructure and data-center buildouts. Cisco raised its fiscal 2026 outlook, guiding for $62.8 billion to $63 billion in revenue and $4.27 to $4.29 in adjusted EPS , while also issuing a stronger-than-expected fourth-quarter sales forecast. The catalyst that sent shares into a parabolic move early in the U.S. cash session was demand for AI. Cisco boosted its expected fiscal 2026 hyperscaler AI orders to $9 billion from $5 billion , signaling stronger traction in supplying the networking infrastructure needed for data center buildouts. Shares surged more than 16% , marking their best day since May 2002. Stock is at a record high. UBS analyst Simon Penn summed up third-quarter results and guidance: They reported EPS and revenue beat and Q4 guided EPS and revenue was upgraded. Q3 EPS was $1.06 versus forecasts of $1.04 and Q3 revenue was $15.8 bn versus forecasts of $15.5 bn. Looking forward, they increased Q4 EPS guidance to $1.16-1.18, above forecasts of $1.07. Q4 revenue guidance also beat, at $16.7-$16.9bn versus estimations of $15.82. Cisco reported FY2026 orders from hyperscalers $9 bn, up from prior $5 bn. CEO Chuck Robbins wrote in a blog, "The companies that will win in the AI era will be those with focus, urgency, and the discipline to continuously shift investment toward the areas where demand and long-term value creation are strongest." "While we are reducing roles in some areas, we are making clear, strategic investments," Robbins added. That includes spending on chips, fiber optics, security, and the use of AI by its own employees, he noted. Robbins said the comp...
US import and export prices surged in April by the most in four years on oil-market pressures tied to the Iran conflict, adding to evidence of higher inflation in the world’s largest economy. The import price index rose 1.9% from the prior month, the biggest increase since March 2022, as petroleum costs surged 19%, Bureau of Labor Statistics data showed Thursday. Export prices rose 3.3% from the p...
US import and export prices surged in April by the most in four years on oil-market pressures tied to the Iran conflict, adding to evidence of higher inflation in the world’s largest economy. The import price index rose 1.9% from the prior month, the biggest increase since March 2022, as petroleum costs surged 19%, Bureau of Labor Statistics data showed Thursday. Export prices rose 3.3% from the prior month, also the most in more than four years. The April surge reflects energy-driven inflation pressures that have intensified in recent months, and the data follow US consumer - and producer-price figures this week also showing elevated increases. Crude oil prices have jumped as flows through the crucial Strait of Hormuz plummeted, with the Middle East conflict showing no signs of a resolution. Excluding petroleum, import prices rose 0.7% month-over-month in April, indicating broader price pressures beyond energy. This story was produced with the assistance of Bloomberg Automation.
CSX Corp. ( CSX ) has set a new share repurchase program providing $5B of incremental authority to the approximately $989M remaining under the existing share repurchase program as of March 31, 2026. More on CSX CSX Corporation (CSX) Presents at Bank of America 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference Transcript CSX Corporation: The Setup For A Multi-Year Earnings...
CSX Corp. ( CSX ) has set a new share repurchase program providing $5B of incremental authority to the approximately $989M remaining under the existing share repurchase program as of March 31, 2026. More on CSX CSX Corporation (CSX) Presents at Bank of America 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference Transcript CSX Corporation: The Setup For A Multi-Year Earnings Expansion Story CSX Corporation: Stellar Financial Report, But Price Risk Still Remains Union Pacific, Norfolk Southern say a transcontinental rail deal would cut trucks on the road CSX rallies to a new 52-week high after showing operational improvement in Q1
Shares of Canadian Solar ( CSIQ ) slipped nearly 18% during early trading hours on Thursday after the company missed first-quarter EPS estimates, while its second-quarter revenue guidance came in below market expectations. The firm’s second-quarter revenue guidance of $1B to $1.2B was well below market expectations of $1.57B. The company said total module shipments recognized as revenue are expect...
Shares of Canadian Solar ( CSIQ ) slipped nearly 18% during early trading hours on Thursday after the company missed first-quarter EPS estimates, while its second-quarter revenue guidance came in below market expectations. The firm’s second-quarter revenue guidance of $1B to $1.2B was well below market expectations of $1.57B. The company said total module shipments recognized as revenue are expected to be in the range of 3.1 GW to 3.3 GW. Total battery energy storage shipments in Q2 2026 are expected to be in the range of 2.8 GWh to 3.2 GWh, including approximately 400 MWh for internal and external projects under execution. For full-year 2026, Canadian Solar reiterated its guidance of 6.5 GW to 7.0 GW of solar modules and 4.5 GWh to 5.5 GWh of battery energy storage solutions for the U.S. market. For the first quarter, the company reported GAAP EPS of -$0.71, missing market estimates by $0.02, while its revenue of $1.08B was $60M above market expectations. However, Q1 revenue was down 11% sequentially and 10% year over year, mainly due to lower sales of solar modules, partially offset by higher sales of battery energy storage systems. Its total solar module shipments recognized as revenue in Q1 2026 were 2.5 GW, down 42% quarter over quarter and 64% year over year. Colin Parkin , CEO of Canadian Solar, said, "We began the year with strong execution, exceeding guidance across all metrics. We delivered 2.5 GW of solar modules globally with an optimized mix of U.S. volumes. We maintained a disciplined approach to solar module shipments throughout the quarter, strategically managing volumes in response to elevated feedstock costs—including silver—to protect profitability. Our domestic manufacturing in the U.S. contributed robust margins as we continue to reshore our supply chain. In our energy storage segment, we recognized revenue on 2.1 GWh of volume, supported by smooth construction progress across multiple customer sites. We will build on this momentum, with storage...
Getty Images HubSpot ( HUBS ) reported Q1'26 results on May 7th and delivered a quarter that was better than the numbers alone suggest. Revenue and EPS beat and the company finally turned GAAP profitable for the first time. Management raised full-year guidance and achieved its 2027 operating margin target a year early. At around $179 a share, the stock is down 73% in the last twelve months from wh...
Getty Images HubSpot ( HUBS ) reported Q1'26 results on May 7th and delivered a quarter that was better than the numbers alone suggest. Revenue and EPS beat and the company finally turned GAAP profitable for the first time. Management raised full-year guidance and achieved its 2027 operating margin target a year early. At around $179 a share, the stock is down 73% in the last twelve months from where it was around $670. Around a low-teens earnings multiple, I think HubSpot is an intriguing investment idea in the software space and one I think will be an AI winner. HubSpot overview HubSpot provides a customer platform covering marketing, sales, customer service, content management, and operations, primarily serving small and mid-sized businesses that need an integrated go-to-market solution without the complexity and cost of a Salesforce ( CRM ). The company operates on a multi-hub model where customers can adopt individual products or combine them into a broader platform. The expansion of multi-hub adoption over time is the primary driver of revenue per customer growth. What has changed meaningfully over the past two years is the upmarket shift. HubSpot isn't just for those companies who don't want to pay big bucks for enterprise software. It's increasingly become the platform that companies choose because the total cost of ownership is lower and the implementation is faster. A look at Q1'26 results When looking at the latest quarterly results for HubSpot, the company's revenues clocked in at $881.0 million and were up 23% on a reported basis (18% in constant currency), beating estimates by $17.6 million . Operating income was 56% higher than Q1 last year and came in at 17.8% margin from 14.0% a year ago. It's important to recognize that that 380bps expansion was in a year that the company was also investing aggressively in AI. With the strong results, the company also beat on the bottom line with EPS of $2.72 for a beat of 25 cents. I look at that as an impressive ...
FilippoBacci Wall Street’s major market averages advanced on Thursday as investors looked ahead to updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) was +0.6%, the benchmark S&P 500 ( SP500 ) was +0.4%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.3%. On a sector-by-sector basis, nine of the 11 S&P segments were up in the green, with info tech at the top. At the other ...
FilippoBacci Wall Street’s major market averages advanced on Thursday as investors looked ahead to updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) was +0.6%, the benchmark S&P 500 ( SP500 ) was +0.4%, and the tech focused Nasdaq Composite ( COMP:IND ) was +0.3%. On a sector-by-sector basis, nine of the 11 S&P segments were up in the green, with info tech at the top. At the other end of the spectrum, materials has been the weakest segment. U.S. President Donald Trump met Chinese leader Xi Jinping in Beijing on Thursday morning, launching a high-stakes summit expected to span two days and focus on trade, tariffs, Taiwan, and Iran. U.S. Treasury yields were little changed. The 10-year Treasury yield ( US10Y ) slid 2 basis points to 4.44%, while the 2-year Treasury yield ( US2Y ) was near even at 3.97%. The 30-year Treasury yield ( US30Y ) slipped 2 basis points to 5.00%. On the economic front, the U.S. import and export prices jumped more than expected in April. The initial jobless claims rose past consensus in the past week, and the April U.S. retail sales growth slowed from March's spike, as expected. As for stocks that were on the move, shares of Cisco Systems ( CSCO ) pushed higher by 13.6%, while shares of Albemarle ( ALB ) fell 6.1%. More on markets Fed’s favorite inflation gauge seen running at more than double target rate Hot CPI and PPI reports ignite new inflation fears U.S. Misery Index climbs to 3-year high as inflation and unemployment rise Trump says trade talks will take center stage in high-stakes summit with Xi SpaceX may become the largest company on the planet, says Ron Baron
Baiploo/iStock via Getty Images I am maintaining Nvidia Corporation ( NVDA ) with a Buy heading into Q1 '27 earnings on Wednesday, May 20 , after the close. My last thesis from early March was that the post-Q4 selloff to $184.89 was the market overreacting to a clean print and that the underlying demand signal would resolve the consolidation to the upside. I think it is what we're already seeing p...
Baiploo/iStock via Getty Images I am maintaining Nvidia Corporation ( NVDA ) with a Buy heading into Q1 '27 earnings on Wednesday, May 20 , after the close. My last thesis from early March was that the post-Q4 selloff to $184.89 was the market overreacting to a clean print and that the underlying demand signal would resolve the consolidation to the upside. I think it is what we're already seeing play out, with Nvidia gaining momentum, up over 22% and outperforming the market, while the S&P 500 ( SP500 ) is up only 7.7% over the same period. Seeking Alpha I think the setup in this print is the most favorable one we have seen since the August 2025 quarter. The market is ready to reward Nvidia's progress on the upcoming Vera Rubin rather than punish it. Consensus The market is expecting revenue for the quarter at $78.5 billion , EPS of $1.77, and a non-GAAP gross margin of 74.52%, down from 75.2% in the prior quarter. Data center revenue is expected to be about $73.1 billion, while gaming is forecasted to hit $3.5 billion. The Q4 print delivered $68.1 billion in revenue and $1.62 in EPS, meaning expectations are for another $10.8 billion in sequential growth in data centers, almost exactly matching the record $11 billion sequential jump the company delivered last quarter. Still, expectations are even higher from Goldman Sachs' Jim Schneider, who is expecting $80 billion in revenue for the quarter, another $87.68 billion in 2Q, and EPS of $1.86 and $2.05, respectively. Citi is also at $80 billion for the quarter, around $1.4 billion above consensus, $89 billion for Q2, again above expectations of $87 billion, and $284 billion for the full year, on: “increased shipments and product mix optimization…Our upward revision of GPU revenue (about $16 billion higher) mainly reflects changes in shipment assumptions. We anticipate that, between fiscal 2026 and 2027, AI GPU sales will account for an average of 70% to 80% of Nvidia’s total data center revenue, with the remainder mai...
Baiploo/iStock via Getty Images I am maintaining Nvidia Corporation ( NVDA ) with a Buy heading into Q1 '27 earnings on Wednesday, May 20 , after the close. My last thesis from early March was that the post-Q4 selloff to $184.89 was the market overreacting to a clean print and that the underlying demand signal would resolve the consolidation to the upside. I think it is what we're already seeing p...
Baiploo/iStock via Getty Images I am maintaining Nvidia Corporation ( NVDA ) with a Buy heading into Q1 '27 earnings on Wednesday, May 20 , after the close. My last thesis from early March was that the post-Q4 selloff to $184.89 was the market overreacting to a clean print and that the underlying demand signal would resolve the consolidation to the upside. I think it is what we're already seeing play out, with Nvidia gaining momentum, up over 22% and outperforming the market, while the S&P 500 ( SP500 ) is up only 7.7% over the same period. Seeking Alpha I think the setup in this print is the most favorable one we have seen since the August 2025 quarter. The market is ready to reward Nvidia's progress on the upcoming Vera Rubin rather than punish it. Consensus The market is expecting revenue for the quarter at $78.5 billion , EPS of $1.77, and a non-GAAP gross margin of 74.52%, down from 75.2% in the prior quarter. Data center revenue is expected to be about $73.1 billion, while gaming is forecasted to hit $3.5 billion. The Q4 print delivered $68.1 billion in revenue and $1.62 in EPS, meaning expectations are for another $10.8 billion in sequential growth in data centers, almost exactly matching the record $11 billion sequential jump the company delivered last quarter. Still, expectations are even higher from Goldman Sachs' Jim Schneider, who is expecting $80 billion in revenue for the quarter, another $87.68 billion in 2Q, and EPS of $1.86 and $2.05, respectively. Citi is also at $80 billion for the quarter, around $1.4 billion above consensus, $89 billion for Q2, again above expectations of $87 billion, and $284 billion for the full year, on: “increased shipments and product mix optimization…Our upward revision of GPU revenue (about $16 billion higher) mainly reflects changes in shipment assumptions. We anticipate that, between fiscal 2026 and 2027, AI GPU sales will account for an average of 70% to 80% of Nvidia’s total data center revenue, with the remainder mai...