ADVFN US – Market Content Editor

ASE Technology Holding Co Ltd (NYSE:ASX) reported first-quarter results on Wednesday that exceeded expectations, driven by solid revenue growth and improved profitability. Shares rose 7.95% in premarket trading following the announcement. The company posted revenue of NT$173.66 billion, up 17.2% year over year from NT$148.15 billion, although slightly lower by 2.4% compared with the previous…

Lithia & Driveway (NYSE:LAD) reported first-quarter results on Wednesday that came in ahead of Wall Street expectations, though its shares showed little reaction as investors focused on margin dynamics. The stock was broadly flat, slipping 0.01% in after-hours trading following the release. The company posted adjusted earnings per share of $7.34, exceeding the analyst consensus…

Yum China Holdings Inc. (NYSE:YUMC) reported first-quarter results on Wednesday that came in ahead of expectations, with both earnings and revenue topping analyst forecasts. Adjusted earnings per share reached $0.87, slightly above the $0.86 consensus estimate, while revenue totaled $3.27 billion, beating projections of $3.21 billion. Shares gained 2.03% in premarket trading following the announcement.…

T-Mobile US Inc. (NASDAQ:TMUS) reported first-quarter results that exceeded analyst expectations, supported by solid growth in postpaid accounts and higher service revenues. The company posted adjusted earnings per share of $2.27, beating the consensus estimate of $2.05 by $0.22. Revenue came in at $23.11 billion, ahead of expectations of $22.97 billion and up 11% compared…

Micron Technology (NASDAQ:MU) shares gained 4.26% on Wednesday after upbeat forecasts from Seagate Technology (NASDAQ:STX) pointed to continued strong enterprise spending on artificial intelligence infrastructure. The update lifted sentiment across the data storage and memory sector in premarket trading. The move followed Seagate’s results, which underscored solid demand for storage and memory products linked to…

Seagate Technology PLC (NASDAQ:STX) delivered third-quarter results that comfortably exceeded analyst expectations, reporting adjusted earnings per share of $4.10 and revenue of $3.11 billion—well above consensus forecasts of $3.48 and $2.95 billion. Revenue also jumped 44% year over year from $2.16 billion in the same quarter last year. Shares of the data storage group surged…

Cognizant Technology Solutions (NASDAQ:CTSH) has reached an agreement to acquire Astreya for approximately $600 million, according to a report by Reuters. The acquisition is expected to enhance Cognizant’s capabilities in AI infrastructure, as demand for artificial intelligence continues to grow across industries. The transaction is anticipated to close in the second quarter of 2026, subject…

Pernod Ricard (EU:RI) said it has called off discussions with Brown-Forman (NYSE:BF.A) after the two companies were unable to agree on deal terms. The negotiations, which had been underway for just over a month, ended without a transaction. Pernod Ricard had revealed on March 27, 2026 that it was exploring a potential tie-up with Brown-Forman,…

UBS Group AG (NYSE:UBS) reported first-quarter net profit on Wednesday that exceeded expectations, supported by strong contributions from its wealth management and investment banking divisions. Net profit for the three months ending March 31 climbed 80% year over year to $3.0 billion, the bank said in a statement, comfortably ahead of Bloomberg consensus estimates of…