Bank of America (BAC) beat Q1 estimates with $1.11 EPS. Trading revenue climbed 13% while investment banking fees surged 21% on robust M&A activity.
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Hermès (RMS.PA) stock plunged 13% after Q1 revenue of €4.07B missed forecasts, with Asia-Pacific slowdown and Middle East conflict weighing on growth.
Gold declined 1% Wednesday as US-Iran ceasefire negotiations advance. Inflation worries and high interest rates weigh on prices. Here’s the market outlook.
Snap (SNAP) stock surged 9% after revealing plans to eliminate 1,000 positions and reduce annual costs by $500M in response to investor demands.
GitLab (GTLB) stock surged 7.6% premarket after expanding its Google Cloud partnership, integrating Duo Agent Platform with Gemini AI models via Vertex AI.
GitLab (GTLB) stock surged 7.6% premarket after announcing expanded Google Cloud partnership integrating Duo Agent Platform with Gemini AI models.
Nvidia (NVDA) stock gained 3.8% after introducing Ising quantum AI models, delivering faster performance and superior accuracy for quantum computing.
AMD stock jumped 3.34% after UALink ratification. Analysts predict 46% revenue growth in 2026, with Q1 earnings set for May 5. Strong server market share drives optimism.
IonQ (IONQ) stock climbed 20% after successfully connecting two quantum systems via light and winning a DARPA contract for quantum network development.
Netflix (NFLX) reports Q1 2026 earnings Thursday. Wall Street forecasts $0.79 EPS and $12.18B revenue. Stock up 10% YTD on price hikes and WBD breakup fee.