Rivian reported its first quarter earnings of 2026, providing us a closer look at the company's financial health as it kicks off production for the crucial R2 electric vehicle. We've already got Rivian's production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent […]
UBS reported Q1 net profit of $3 billion, up 80% YoY, beating analyst estimates of $2.8 billion. The Swiss bank's CET1 capital ratio improved to 14.7%. CEO Sergio Ermotti called it a 'very strong quarter' with double-digit profitability growth across all businesses. The bank is on track to repurchase $3 billion in shares and flagged further buybacks by year-end. Shares surged over 5% in early trade.
UBS reported Q1 net profit of $3 billion, up 80% year-on-year and beating analyst estimates of $2.8 billion. The Swiss bank's CET1 capital ratio improved to 14.7%. Underlying pre-tax profits rose 54% to $3.9 billion, exceeding expectations. The bank repurchased $900 million in shares and remains on track for a $3 billion buyback.
Comcast beat Wall Street expectations for Q1 with revenue of $31.46B and EPS of 79 cents, driven by NBC's 'Legendary February' sports slate (Super Bowl, Olympics, NBA All-Star) and improved broadband customer losses (65K vs 183K last year). The company added 435K mobile lines and Peacock grew to 46M subscribers.
