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South Korea’s Finance Ministry confirms virtual asset tax launches January 2027 with 22% rate on crypto gains exceeding 2.5 million won threshold.
IonQ stock declined 6% after hours despite crushing Q1 estimates with $64.7M revenue and raising 2026 guidance to $270M. Here’s what happened.
McDonald’s (MCD) stock surged 3% after Q1 earnings beat with $6.52B revenue and $2.83 EPS, though US same-store sales came in slightly below estimates.
Fortinet (FTNT) stock soars 15% after crushing Q1 earnings expectations with strong billings growth and raised guidance. Analysts upgrade targets to $130.
Whirlpool (WHR) stock plunged 20% after missing Q1 estimates. CFO warns demand hasn’t been this weak since the 2008 financial crisis.
Fortinet (FTNT) jumps 13% on strong earnings, Arm slides on demand concerns, and Whirlpool plunges 17% on dividend suspension in Thursday’s trading.
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AppLovin (APP) stock rises 3.7% premarket following Q1 earnings beat with $1.84B revenue, $3.56 EPS, and robust Q2 guidance despite recent headwinds.
DoorDash (DASH) stock surged 11% premarket after Q1 earnings beat estimates at $0.42 per share. GOV reached $31.6B with solid Q2 guidance ahead.
Grayscale integrates Ethena into its DeFi Fund during Q1 2026 review, removing Aerodrome. Ethereum and Solana lead Smart Contract Fund allocations.
Tesla (TSLA) stock up 2.4% as April China EV deliveries rise 36% YoY. FSD approval pushed to Q3 amid insider selling and mixed analyst ratings.
Shell (SHEL) stock fell despite strong Q1 earnings of $6.92B. Oil output dropped 4% and U.S.-Iran peace talk speculation pressured crude prices.
Rocket Lab (RKLB) reports Q1 2026 earnings today. Stock up 25% with analysts watching Neutron updates and 50%+ revenue growth expectations.
Arm (ARM) stock fell 5% after hours despite beating Q4 estimates, as supply chain constraints limited production of its highly-demanded AGI CPU chip.
Microsoft (MSFT) stock climbed 0.35% following Xbox’s Copilot cancellation and strong Q3 earnings, with revenue reaching $82.89B and EPS beating estimates.
AMD stock surges 18% after crushing Q1 expectations with $10.25B revenue. Datacenter growth hits 57% YoY as analysts upgrade with targets up to $625.
Beyond Meat (BYND) stock plummeted 14% after hours as Q1 2026 revenue fell 15.3% to $58.2M and Q2 guidance disappointed Wall Street expectations.
Snowflake (SNOW) hovers near yearly lows at $141.75 despite 71% analyst upside. Insiders sold $72M in shares while institutions add positions.
SoundHound AI (SOUN) reports Q1 2026 earnings May 7. Options imply ~16% move. Analyst consensus: $14.63 target. Revenue expected at $42.56M.
Finance News
View MoreIonQ stock declined 6% after hours despite crushing Q1 estimates with $64.7M revenue and raising 2026 guidance to $270M. Here’s what happened.
McDonald’s (MCD) stock surged 3% after Q1 earnings beat with $6.52B revenue and $2.83 EPS, though US same-store sales came in slightly below estimates.
Fortinet (FTNT) stock soars 15% after crushing Q1 earnings expectations with strong billings growth and raised guidance. Analysts upgrade targets to $130.
Whirlpool (WHR) stock plunged 20% after missing Q1 estimates. CFO warns demand hasn’t been this weak since the 2008 financial crisis.
Fortinet (FTNT) jumps 13% on strong earnings, Arm slides on demand concerns, and Whirlpool plunges 17% on dividend suspension in Thursday’s trading.
Kenvue (KVUE) stock climbs after crushing Q1 estimates with $3.91B revenue and $0.32 EPS, while $40B Kimberly-Clark deal remains on schedule for 2026.
Snap (SNAP) stock tumbles 10% as the $400M Perplexity AI partnership ends, Middle East conflict impacts ad revenue, and Q2 guidance disappoints investors.
Corning (GLW) stock jumped 12% after announcing a $500M Nvidia partnership and raising its 2030 revenue target to $35B driven by AI data center growth.
Celsius Holdings (CELH) stock gains 6% premarket as Q1 revenue soars 138% YoY to $782.6M, exceeding analyst expectations with strong acquisition performance.
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