Advanced Micro Devices shares rose in extended trading Tuesday after the chipmaker posted earnings that topped analysts' estimates as data center sales surged.
Advanced Micro Devices shares rose in extended trading Tuesday after the chipmaker posted earnings that topped analysts' estimates as data center sales surged.
JHVEPhoto AMD ( AMD ) shares rose 6% in extended trading on Tuesday after the semiconductor company reported first-quarter results and guidance that topped Wall Street's forecast. Shares have gained more than 60% in the past month and more than 250% in the past 12
JHVEPhoto AMD ( AMD ) shares rose 6% in extended trading on Tuesday after the semiconductor company reported first-quarter results and guidance that topped Wall Street's forecast. Shares have gained more than 60% in the past month and more than 250% in the past 12
The dollar index (DXY00 ) on Tuesday rose by +0.09%. The dollar rose slightly on Tuesday after the US March trade deficit was reported to be smaller than expected. The dollar also has safe-haven support as the US-Iran ceasefire appears shaky after the US Central Command on Monday said the...
The dollar index (DXY00 ) on Tuesday rose by +0.09%. The dollar rose slightly on Tuesday after the US March trade deficit was reported to be smaller than expected. The dollar also has safe-haven support as the US-Iran ceasefire appears shaky after the US Central Command on Monday said the...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Alphabet has entered Canada’s bond market and it’s making a Google-worthy splash — raising C$8.5 billion ($6.2 billion) in the biggest loonie-denominated debt deal on record. Google’s parent company initially targeted C$3 billion to C$5 bil...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Alphabet has entered Canada’s bond market and it’s making a Google-worthy splash — raising C$8.5 billion ($6.2 billion) in the biggest loonie-denominated debt deal on record. Google’s parent company initially targeted C$3 billion to C$5 billion, but set its sights higher after receiving orders of nearly C$20 billion, according to people familiar with the matter. Alphabet didn’t conduct a widely publicized roadshow that’s customary of first-time issuers — it is, after all, one of the world’s biggest and best-known companies. That lack of notice, as well as the sheer size of the deal, are driving corporate and provincial bond spreads wider, said Naveed Sunderji, a portfolio manager at Franklin Templeton Canada. The market had a month’s heads-up for the last corporate bond megadeal in Canada, he said, when Coastal GasLink raised C$7.15 billion in 2024. Canadian investors had anticipated a hyperscaler would tap the market, even though US tech companies rarely look north when raising debt. One of the last big maple offerings from a big-name tech firm was Apple’s C$2.5 billion issue in 2017. The capital spending plans of the AI industry are enormous. Alphabet alone plans to spend as much as $190 billion this year on data centers and other capital investments, mostly tied to artificial intelligence. To do that, it also sold sterling and Swiss franc-denominated notes in recent months, its debut offerings in those currencies. And today’s Canada deal was announced on the back of its biggest-ever euro offering . Also in this newsletter: Canada’s first trade surplus in six months . New Anthropic products rattle markets . What to do about oil demand destruction . The following was produced with the assistance of Bloomberg Automation. Top stories EQB won government approval for its deal to acquire PC Financial from Loblaw,...
TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2026 (“Q1 2026”).
TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2026 (“Q1 2026”).
Bowman Consulting press release ( BWMN ): Q1 Non-GAAP EPS of $0.14. Gross contract revenue of $126.5 million compared to $112.9 million, a 12.0% increase Net service billing 1 of $114.2 million compared to $100.1 million, a 14.1% increase Organic net service billing 2
Bowman Consulting press release ( BWMN ): Q1 Non-GAAP EPS of $0.14. Gross contract revenue of $126.5 million compared to $112.9 million, a 12.0% increase Net service billing 1 of $114.2 million compared to $100.1 million, a 14.1% increase Organic net service billing 2
herstockart/iStock via Getty Images MNTN ( MNTN ) reported first-quarter results Tuesday that exceeded Wall Street expectations for revenue while matching earnings estimates, but shares fell 6.3% in extended trading. The stock closed at $11.36 during the regular session, below its initial public offering price of $16 nearly a year ago.
herstockart/iStock via Getty Images MNTN ( MNTN ) reported first-quarter results Tuesday that exceeded Wall Street expectations for revenue while matching earnings estimates, but shares fell 6.3% in extended trading. The stock closed at $11.36 during the regular session, below its initial public offering price of $16 nearly a year ago.
"No Quick Fixes": Supply-Chain Deep Dive Shows Beef Prices To Remain High We are all familiar with the surge in beef prices, driven by a U.S. cattle herd at more than a half-century low amid severe drought, elevated feed costs, higher financing expenses, and other inflationary factors, such as soaring diesel prices, squeezing ranchers. $175 for beef?!🥩 $20.65 per pound … for one cut. Herds are at ...
"No Quick Fixes": Supply-Chain Deep Dive Shows Beef Prices To Remain High We are all familiar with the surge in beef prices, driven by a U.S. cattle herd at more than a half-century low amid severe drought, elevated feed costs, higher financing expenses, and other inflationary factors, such as soaring diesel prices, squeezing ranchers. $175 for beef?!🥩 $20.65 per pound … for one cut. Herds are at generational lows after years of drought, rising feed costs, and pressure on ranchers. Supply gets squeezed → prices explode → families get hit. This was the Democrat push! What are you paying for beef where… pic.twitter.com/c5HdnidaKA — Sherri Unfiltered™ (@FFT1776) May 4, 2026 USDA data show average retail beef prices have been on a parabolic rise since the early days of the pandemic, with consumers facing sticker shock as soon as they step into any supermarket's meat department. A new Bloomberg report helps explain why beef prices are likely to remain sticky: the US cattle herd has fallen to its lowest level in 75 years. This supply shock has taken years to develop, and rebuilding will take years as well. The Trump administration promised to tame beef prices, even considering a deal with Argentina to import cattle and alleviate the shortage. However, it appears the administration has shifted from potential supply maneuvers to asking the Justice Department to investigate possible antitrust violations among processors. On Monday, Tyson Foods, the nation's largest meat processor, reported another quarterly loss in its beef unit, highlighting that beef margins remain deeply negative even at the processing level. Tyson and other major meatpackers are being forced to pay premiums for scarce cattle, crushing margins that are being passed on to consumers. " The reality behind expensive beef is complicated . There's no quick fix for tight supplies, as the sticker shock in the grocery aisles didn't happen overnight," Bloomberg agricultural reporter Ilena Peng wrote in a note, addi...
Check out the companies making headlines after the bell : Advanced Micro Devices — Shares popped 7% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. Super Micro Computer — The server maker s...
Check out the companies making headlines after the bell : Advanced Micro Devices — Shares popped 7% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. Super Micro Computer — The server maker surged 19%. Expectations for fourth-quarter profit range from 65 cents to 79 cents per share, trouncing Wall Street's call for 55 cents a share, per LSEG. In the third quarter, Super Micro posted adjusted earnings of 84 cents per share on revenue of $10.24 billion. Analysts polled by FactSet had expected earnings of 62 cents and $12.39 billion in revenue. Jacobs Solutions — Shares slipped 2% after the technical professional services firm reported a second-quarter adjusted earnings and revenue beat versus what analysts polled by FactSet had expected. The company also raised its full-year earnings guidance. It now sees earnings coming in between $7.10 to $7.35 per share, higher than previous guidance of between $6.95 to $7.30 per share. Arista Networks — The cloud networking company dropped almost 14%. Adjusted gross margin narrowly missed expectations, coming in at 62.4% in the first quarter, versus the 62.7% anticipated by analysts polled by StreetAccount. Arista's second-quarter revenue forecast was roughly in line with the Street's estimate, coming in at $2.8 billion versus the $2.77 billion expected. Lucid Group — Shares of the electric vehicle manufacturer fell 2%. Lucid posted a first-quarter loss of $3.46 per share on a GAAP basis, versus the loss of $2.64 per share expected, per LSEG. Revenue of $282.5 million missed the call for $440.4 million. Klaviyo — The provider of the email marketing platform plummeted 18%. Second-quarter adjusted operating income is expected to range from $47.5 million to $50.5 million versus the StreetAccount consensus call for $52.7 million....
Eli Unger/iStock Editorial via Getty Images United Parcel Service, Inc. ( UPS ) is coming off of a Q1 earnings report that was less than enthusiastic, and, to make matters worse, Amazon is now entering the logistics space as a true competitor to
Eli Unger/iStock Editorial via Getty Images United Parcel Service, Inc. ( UPS ) is coming off of a Q1 earnings report that was less than enthusiastic, and, to make matters worse, Amazon is now entering the logistics space as a true competitor to
Huron Consulting press release ( HURN ): Q1 Non-GAAP EPS of $1.73 beats by $0.13 . Revenue before reimbursable expenses of $443.7M (+12.1% Y/Y) beats by $6.58M . OUTLOOK FOR 2026 Based on currently available information, the company is affirming guidance for full year 2026
Huron Consulting press release ( HURN ): Q1 Non-GAAP EPS of $1.73 beats by $0.13 . Revenue before reimbursable expenses of $443.7M (+12.1% Y/Y) beats by $6.58M . OUTLOOK FOR 2026 Based on currently available information, the company is affirming guidance for full year 2026
(RTTNews) - Live Nation Entertainment, Inc. (LYV) on Tuesday reported first-quarter results with revenue increasing from last year, though the company swung to a net loss amid higher expenses.
(RTTNews) - Live Nation Entertainment, Inc. (LYV) on Tuesday reported first-quarter results with revenue increasing from last year, though the company swung to a net loss amid higher expenses.
Cipher Mining (NASDAQ:CIFR) , bitcoin and AI data center operator, closed Tuesday at $22.1, up 23.53%. The stock moved higher after Q1 results and updates detailed a strategic pivot toward hyperscale-ready AI/HPC data centers supported by a new $200 million credit facility. Investors are watching closely on the execution on these long-term leases and build-outs. The company’s trading volume reache...
Cipher Mining (NASDAQ:CIFR) , bitcoin and AI data center operator, closed Tuesday at $22.1, up 23.53%. The stock moved higher after Q1 results and updates detailed a strategic pivot toward hyperscale-ready AI/HPC data centers supported by a new $200 million credit facility. Investors are watching closely on the execution on these long-term leases and build-outs. The company’s trading volume reached 61.9 million shares, which is about 125% above compared with its three-month average of 27.4 million shares. Cipher Mining went public in 2020 and has grown 123% since its IPO. The S&P 500 (SNPINDEX:^GSPC) added 0.81% to finish Tuesday at 7,259.22, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 1.03% to close at 25,326. Among information technology services peers, Mara Holdings (NASDAQ:MARA) closed at $12.16 (+2.79%) and Riot Platforms (NASDAQ:RIOT) ended at $20.35 (+8.94%), lagging Cipher Mining’s stronger gain. Continue reading
This article examines whether Palantir Technologies at US$146.03 is priced for perfection or still offers value by walking through what the numbers indicate about the stock. The share price return is 3.4% over the last 7 days, with a 1.6% decline over 30 days, a 13.0% decline year to date and a 34.1% return over the past year. The 3 year return is very large and the 5 year return is more than 6x. ...
This article examines whether Palantir Technologies at US$146.03 is priced for perfection or still offers value by walking through what the numbers indicate about the stock. The share price return is 3.4% over the last 7 days, with a 1.6% decline over 30 days, a 13.0% decline year to date and a 34.1% return over the past year. The 3 year return is very large and the 5 year return is more than 6x. Recent attention on Palantir has focused on its role in data analytics and software platforms...