Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday. Palantir stock in the spotlight ahead of earnings The PLTR stock price has crashed in the
Quantum computing is about to get its biggest reality check of 2026. IonQ reports first-quarter results on Wednesday, May 6, after the close, while D-Wave Quantum follows on Tuesday, May 12, before the open. The setup is unusually stark, as D-Wave is trading at $20.49 and IonQ at $46.63, but Wall Street’s optimism is much
US equities ended Friday on a mixed note, with the S&P 500 and Nasdaq Composite extending their record-setting run, while the Dow Jones Industrial Average lagged as investors weighed strong earnings against geopolitical uncertainty and easing oil prices. The S&P 500 rose 0.3% to a fresh intraday and closing high, while the Nasdaq Composite gained
Global markets are entering May 2026 under a cloud of uncertainty, with multiple macro and geopolitical triggers converging at once. From surging oil prices and the ongoing Middle East conflict to key economic data and central bank decisions, traders are facing a complex environment. A mix of risk and resilience is shaping sentiment. While equities
The Federal Reserve kept borrowing costs unchanged on Wednesday, holding the federal funds rate in the 3.50% to 3.75% range for a third straight meeting. But this was no routine pause. The vote was the most divided since 1992, with four officials dissenting, and that split sent a clear message to investors: the Fed is
Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter results and issued an upbeat revenue forecast, highlighting growing returns from its artificial intelligence-driven advertising strategy. The stock rose about 12% ahead of the open, extending gains after climbing 6.3% in after-hours trading following the earnings release. Despite the rally,
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions and oil market volatility. The Dow Jones Industrial Average rose about 180 points, or 0.36%, while the S&P 500 gained 0.54% and the Nasdaq Composite
Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company’s revenue exceeded expectations, its adjusted earnings per share were below forecasts. This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives. The stock fell 1.6% on Friday after the results came out. The strong underlying
Shares of Meta Platforms fell sharply in early trading on Thursday, dropping around 9%. The move comes despite the company reporting better-than-expected first-quarter results, as investors reacted to a significant increase in capital expenditure guidance. The decline underscores growing market sensitivity to the cost of artificial intelligence investments, even as revenue and profitability remain strong.
ExxonMobil, the world’s largest publicly traded energy giant, is set to release its fiscal first-quarter 2026 earnings report before the US market opens on May 1. These will be the company’s first full quarterly results since the outbreak of the Hormuz conflict, with investors keenly watching the impact on its bottom line. ExxonMobil’s revenue is