ADVFN US – Market Content Editor
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Qualcomm jumps 11% as CEO highlights hyperscaler traction and China rebound
Shares of Qualcomm Inc (NASDAQ:QCOM) surged as much as 11.2% in premarket trading on Thursday, reversing earlier losses despite issuing guidance that came in below expectations. The stock had initially dropped about 6% after hours before turning sharply higher following comments from CEO Cristiano Amon. Amon said the company plans to begin shipping chips to…
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Check Point shares drop 10% after revenue miss, softer product demand weighs
Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) fell around 10% after the company reported first-quarter results that missed revenue expectations, with investors focusing on weaker performance in its security appliance segment. The cybersecurity firm generated revenue of $668 million for the quarter ended March 31, marking a 5% year-over-year increase but coming in below…
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Stellantis returns to profit in Q1 but shares drop 6% on tariff-adjusted shortfall
Stellantis N.V. (NYSE:STLA) shares declined more than 6% on the Italian stock market on Thursday after the automaker posted a return to profitability in the first quarter of 2026, though analysts at Jefferies said a tariff-related accounting adjustment masked underlying weakness in North America — a key region for the company’s recovery strategy. Adjusted operating…
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Gold rebounds from one-month low as Fed outlook and Iran tensions weigh
Gold prices edged higher in Asian trading on Thursday, recovering from a one-month low, although gains remained limited as markets grappled with escalating tensions between the U.S. and Iran and a more hawkish outlook for the Federal Reserve. Despite the uptick, bullion has been under pressure throughout April, as demand for safe-haven assets was largely…
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Oil surges to four-year peak amid fears of escalating U.S.-Iran conflict
Oil prices climbed sharply on Thursday, with Brent crude reaching its highest level in four years, as concerns mounted that tensions between the U.S. and Iran could intensify and trigger a prolonged disruption to Middle Eastern supply, threatening global economic growth. Brent crude futures advanced $4.28, or 3.63%, to $122.31 a barrel by 06:59 GMT,…
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Tech earnings, oil spike and Fed decision drive market moves: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. indices traded in mixed fashion as investors processed a wave of catalysts, including big tech earnings, a renewed surge in Brent crude prices, and a closely watched Federal Reserve rate decision. The pace of developments is expected to continue, with more earnings reports and central bank announcements ahead. Futures show…
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Meta shares fall after higher capital spending outlook
Meta Platforms (NASDAQ:META) shares dropped more than 5% in after-hours trading on Wednesday after the company lifted its full-year capital expenditure forecast, citing rising component costs and continued investment in data center expansion. The Meta Platforms owner now expects 2026 capital expenditures in the range of $125 billion to $145 billion, up from its prior…
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Microsoft beats expectations as cloud and AI demand remain strong
Microsoft (NASDAQ:MSFT) reported quarterly results on Wednesday that exceeded Wall Street expectations, driven by continued strength in cloud computing and growing returns from its artificial intelligence investments. Despite the earnings beat, shares slipped about 1.5% in after-hours trading, as investors viewed the overall performance as underwhelming, particularly with Azure growth coming in line with forecasts…
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Alphabet shares rise after earnings beat fueled by Cloud and Search strength
Alphabet Inc. (NASDAQ:GOOG) delivered first-quarter results well ahead of Wall Street expectations, supported by rapid expansion in its Cloud division and continued momentum in Search. The company reported adjusted earnings per share of $5.11, comfortably above the $2.62 consensus estimate. Revenue came in at $109.9 billion, topping the $106.81 billion forecast and rising 22% year…
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Amazon shares dip as heavy AI spending overshadows strong cloud rebound
Amazon.com (NASDAQ:AMZN) shares fell 2.6% in after-hours trading Wednesday, even as the company delivered record profits, with investor sentiment weighed down by a sharp increase in infrastructure investment. The tech giant posted earnings per share of $2.78, far exceeding the $1.63 consensus estimate, while revenue reached $181.5 billion, ahead of the $177.13 billion expected by…