CVS Health Wednesday reported first quarter net income of more than $2.9 billion as costs slowed for subscribers of the Aetna health plans the company sells.
AMD (AMD) surged 18% after Q1 results and guidance exceeded expectations, driven by robust AI demand and server CPU growth forecasts. AMD now expects Q2 revenue between $10.9B and $11.5B, with server CPU revenue projected to grow over 70% year-over-year.
May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.'s largest cryptocurrency exchange, Coinbase Global, Inc. (Nasdaq: COIN), announced it was laying off a staggering 14% of its staff.
Sales of $1.23 billion, up 8 percent from last year First-quarter diluted EPS of $1.40; adjusted EPS of $1.67 Net income margin of 8.0 percent; adjusted EBITDA margin of 18.8 percent Raises 2026 outlook; now expects 2026 EPS of $4.70-$5.20, with adjusted EPS of $5.75-$6.25 NORTH CANTON, Ohio, May 6, 2026 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2026 results. 1Q-26 1Q-25 % Change Net Sales (mils.
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (NYSE: EVTL) (“Vertical,” “we,” “our” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today will provide a Business & Strategy Update for the first quarter of 2026, highlighting continued progress across flight testing, certification, and financing. The Company's Q1 2026 financial results filing is available on its investor relations website. Stuart Simpson, CEO at Vertical, said: “This.
Company to host conference call and webcast at 8:00 a.m. EDT CARMIEL, Israel, May 6, 2026 /PRNewswire/ -- Protalix BioTherapeutics, Inc. (NYSE American: PLX), a biopharmaceutical company focused on the discovery, development, production, and commercialization of innovative therapeutics for rare diseases with significant unmet needs, today announced that it will release its financial results for the quarter ended March 31, 2026 and provide a business update on May 13, 2026.
PLYMOUTH, Mich., May 6, 2026 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2026 financial results.
Disney posted strong results for its fiscal second quarter Wednesday, beginning the Josh D'Amaro era with a bang. Total revenue increased 7% from the year-ago period to reach almost $25.2 billion. Earnings per share, excluding certain items, came in at $1.57. Both metrics topped Wall Street analysts' consensus forecasts.
NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against FS KKR Capital Corp. (NYSE:FSK) and certain of the company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in FS KKR Capital, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/fs-kkr-capital-class-action-lawsuit.
Shares in Exxon, Chevron, and Occidental Petroleum tumble on signs that the Trump administration is close to agreeing a peace deal.
