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DraftKings (DKNG) stock falls 1.4% premarket despite Q1 revenue beat of $1.65B. Earnings of 20 cents miss 22-cent estimate as company invests in predictions.
Rocket Lab (RKLB) stock surged 7.5% after reporting record Q1 revenue of $200M, beating estimates, with Q2 guidance topping forecasts at $225M-$240M.
Trade Desk (TTD) stock plunged 15% after missing Q1 EPS estimates and issuing weak Q2 guidance, prompting three analyst downgrades in one session.
Gilead Sciences (GILD) stock dropped ~2% after cutting full-year EPS guidance despite beating Q1 estimates, driven by $11.5B in acquisition charges.
Affirm (AFRM) delivered a stellar Q3 earnings beat with 33% revenue growth and raised guidance, yet shares remain down 9.5% YTD while S&P 500 gains 7.6%.
Oil prices increased Friday after U.S. and Iranian forces clashed near the Strait of Hormuz. Brent crude remains above $100 despite weekly losses.
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TLDR: Ethereum has outperformed all global assets since the Middle East crisis, beating the S&P…
TSMC (TSM) reports April revenue surge of 17.5% to $13.08B. Strong AI chip demand drives Q2 guidance to $40.2B. Stock up 35% YTD. Analysis inside.
Shopify (SHOP) posted Q1 revenue of $3.17B, up 34.3% YoY, yet shares dipped. Cathie Wood’s ARK bought $32.6M worth. Analysts see 41% upside potential.
Rackspace (RXT) stock jumped 80%+ after announcing an AI cloud partnership with AMD. The deal targets regulated enterprises with managed infrastructure.
Goldman Sachs upgrades Nvidia (NVDA) estimates by 12% ahead of May 20 earnings, maintaining $250 price target despite high bar for outperformance.
Block (XYZ) stock jumped 7.9% after reporting Q1 earnings of $0.85 per share, crushing estimates by 25%. The company raised its full-year 2026 guidance.
IREN (IREN) stock soared 27% after revealing a Nvidia partnership for AI infrastructure and acquiring Spain-based Ingenostrum data center developer.
Nebius (NBIS) reports Q1 earnings May 13. Analysts expect 600% revenue growth, $46B contract backlog, and fresh AI acquisitions. What investors should watch.
TLDR: Sei Labs requires all exchanges to complete SEI EVM migration by June 15, 2026,…
Tom Lee says Bitcoin’s three consecutive monthly gains signal the end of the bear market, with BTC trading near $80K and AI, tokenization fueling growth.
TLDR: Aptos Foundation and Aptos Labs have committed over $50M to fund trading and AI…
Bitmine (BMNR) nears its 5% ETH supply target in under a year. Tom Lee says purchases may slow as the firm considers its $4B buyback and staking revenue.
Finance News
View MoreMarvell (MRVL) stock dropped 7% intraday amid valuation fears. Insiders sold $26M while analyst price targets suggest 24% downside from recent highs.
DraftKings (DKNG) stock falls 1.4% premarket despite Q1 revenue beat of $1.65B. Earnings of 20 cents miss 22-cent estimate as company invests in predictions.
Rocket Lab (RKLB) stock surged 7.5% after reporting record Q1 revenue of $200M, beating estimates, with Q2 guidance topping forecasts at $225M-$240M.
Trade Desk (TTD) stock plunged 15% after missing Q1 EPS estimates and issuing weak Q2 guidance, prompting three analyst downgrades in one session.
Gilead Sciences (GILD) stock dropped ~2% after cutting full-year EPS guidance despite beating Q1 estimates, driven by $11.5B in acquisition charges.
Affirm (AFRM) delivered a stellar Q3 earnings beat with 33% revenue growth and raised guidance, yet shares remain down 9.5% YTD while S&P 500 gains 7.6%.
Oil prices increased Friday after U.S. and Iranian forces clashed near the Strait of Hormuz. Brent crude remains above $100 despite weekly losses.
Airbnb (ABNB) stock dropped 1% premarket after Q1 earnings of $0.26 missed estimates, though revenue beat forecasts at $2.68B and 2026 guidance was lifted.
CoreWeave (CRWV) stock fell 5% despite record Q1 revenue of $2.08B. Q2 guidance of $2.45B-$2.60B missed the $2.69B estimate, pressuring shares.
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