Shares of Strategy (NASDAQ: MSTR) (previously known as Microstrategy) declined in extended trading on Tuesday after the bitcoin-focused firm reported a significantly wider first-quarter loss, reflecting the impact of falling cryptocurrency prices on its large digital asset holdings.The company, led by Michael Saylor, posted a net loss of $12.77 billion,…
Samsung Electronics vaulted past the $1 trillion market capitalization mark on Wednesday after its shares surged by more than 10%.The move briefly put the company at about 1,500 trillion won, or roughly $1.03 trillion.That made Samsung only the second Asian company after Taiwan’s TSMC to cross the milestone, while South…
BMW stock remained in focus on Wednesday as investors positioned for first-quarter results that delivered a meaningful beat on earnings estimates, even as pre-tax profit plunged by a quarter and revenue fell sharply. The result confirmed that Europe’s premium car industry is absorbing the twin drag of US and EU…
European supermarket retailer Ahold Delhaize reported first-quarter core profit above market expectations on Wednesday.The group, which operates supermarket chains including Stop & Shop, Giant, Food Lion and Hannaford in the United States, alongside Albert Heijn and Delhaize in the Netherlands and Belgium, said underlying operating income increased 0.7% to 896…
Advanced Micro Devices (NASDAQ: AMD) delivered a clean beat-and-raise on Tuesday, but the stock still left investors with a harder question.The investors are wondering if the quarter was good enough or if the bar is already too high.AMD said first-quarter revenue rose 38% year over year to $10.3 billion, adjusted…
IAG share price has come under pressure this year as the ongoing US-Iran war has disrupted its business. It dropped to 366p on Wednesday, down from the year-to-date high of 465p. Focus now shifts to its earnings, which will provide more information on its business during the war.Soaring jet fuel…
Novo Nordisk’s rebound got another lift on Wednesday after the Danish drugmaker delivered a first-quarter beat and showed that its new Wegovy pill is gaining traction faster than Wall Street expected.The NVO stock jumped about 7% in early trading after the results, extending a strong run that has already pushed…
Palantir Technologies (NASDAQ: PLTR) is inching up in extended hours after reporting a market-beating Q1 and significantly raising guidance for the full year.The AI-enabled data analytics firm posted adjusted earnings of 33 cents per share on $1.63 billion in revenue – comfortably clearing 28 cents a share and $1.54 billion…
US software stocks have endured a brutal valuation reset in early 2026.Protracted inflation data and shifting interest rate expectations, especially amidst the Iran conflict, have severely compressed forward multiples, prompting investors to rotate out of high-beta cloud names.Still, Ritholtz’s chief executive Josh Brown hasn’t thrown in the towel on all…
Asian markets opened on a cautious note on Tuesday, with traders keeping one eye on oil and the other on geopolitics.The tensions between the United States and Iran continued to unsettle global markets.MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% in early trade, while Australia’s benchmark slipped…