ADVFN US – Market Content Editor

Cloudflare Inc. (NYSE:NET) reported first-quarter results that exceeded Wall Street expectations and lifted its full-year guidance, but the company’s shares dropped sharply after management announced major workforce reductions and investors reacted to slower revenue momentum. Shares of the connectivity cloud company fell more than 16% in premarket trading Friday. Cloudflare posted adjusted earnings per share…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a solid increase in April revenue on Friday as continued demand for advanced artificial intelligence semiconductors supported sales growth. The world’s largest contract chip manufacturer said April revenue reached NT$410.73 billion ($13.08 billion), representing an increase of 17.5% compared with NT$349.57 billion recorded in the same month last year.…

Coinbase Global (NASDAQ:COIN) moved to a quarterly loss in the first quarter of 2026 and reported revenue below Wall Street expectations, pressuring the cryptocurrency exchange’s shares in premarket trading Friday. Class A shares of Coinbase were down 2.2% before the opening bell. The company reported a loss of $1.49 per share for the quarter, compared…

Block Inc (NYSE:XYZ) posted first-quarter results that topped Wall Street profit expectations, sending the company’s shares up around 7% in premarket trading Friday after management raised its outlook for the full year. The financial technology company reported adjusted earnings per share of $0.85, exceeding analyst estimates of $0.68 by $0.17. Revenue came in at $6.06…

Expedia Inc (NASDAQ:EXPE) reported first-quarter results that topped Wall Street expectations, but the online travel company saw its shares fall roughly 9% in premarket trading Friday after investors reacted negatively to weaker-than-expected revenue and bookings guidance. The company posted adjusted earnings per share of $1.96, surpassing analyst forecasts of $1.39 by $0.57. Revenue reached $3.43…

CoreWeave (NASDAQ:CRWV) reported mixed first-quarter results on Thursday as surging demand for artificial intelligence infrastructure drove strong revenue growth, although losses widened significantly due to aggressive expansion spending. The company also increased its capital expenditure outlook for the year, while issuing second-quarter revenue guidance that came in below Wall Street expectations. Shares of CoreWeave were…

Shares of The Trade Desk (NASDAQ:TTD) plunged more than 14% in premarket trading on Friday after the advertising technology company reported quarterly earnings below Wall Street expectations and issued weaker-than-anticipated guidance for the current quarter. For the first quarter, The Trade Desk posted adjusted earnings per share of $0.28, missing analyst forecasts of $0.32 per…

Oil markets moved higher on Friday after fresh clashes erupted between the United States and Iran, raising fears over the stability of the fragile ceasefire and undermining expectations for progress toward reopening the Strait of Hormuz, a critical route for global oil and liquefied natural gas shipments. Brent crude futures gained 67 cents, or 0.67%,…

Gold prices moved modestly higher on Friday and remained on track for a weekly gain as investors weighed hopes for a potential peace agreement between the United States and Iran against ongoing concerns surrounding the fragile ceasefire. Traders also stayed cautious ahead of the release of key U.S. labor market figures later in the day.…