Shinhan Investment reported that South Korean listed companies' Q1 operating profit exceeded market expectations by 18.5%. Energy, IT, and Industrial sectors showed significant 'earning surprises,' with large-cap stocks benefiting most. The firm advises focusing on sectors and stocks linked to earnings and stock price performance in Q2.
Victoria's Secret beat earnings estimates and raised its full-year guidance, citing strong sales across all channels, lower tariff costs, and increased customer spending on full-price items, particularly among younger shoppers.
Canaan's Q1 2026 earnings show a significant revenue drop and wider net loss, with hardware sales declining due to weaker miner economics. The company's crypto treasury, however, reached a record high, creating a complex financial picture.
Bitcoin's price surge nears $78,000 before US market open, then declines amid bearish macroeconomic sentiment and anticipation of Nvidia's Q1 earnings, with Coinbase Premium Index showing soft US demand.
Target is set to report its fiscal first-quarter earnings, with analysts expecting $1.46 EPS and $24.64 billion in revenue. CEO Michael Fiddelke leads a turnaround plan to address a sales slump and declining customer loyalty amid macroeconomic uncertainty and rising gas prices.
Tencent CEO Pony Ma admits past AI shortcomings, announces turnaround progress with Hy3 preview model, amid Q1 earnings miss due to slowed gaming growth.
Strategy's average cost per Bitcoin is about $75,537, and its BTC investment is up about 7.6% at the time of this writing, according to data from the company.
Saylor’s latest post suggests Strategy may resume buying after executives said the firm could sell BTC to fund dividends or offset taxes.
Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.
Strategy, the world's largest public Bitcoin holder, announced a pause in crypto purchases ahead of its Q1 earnings report. Executive Chairman Michael Saylor said 'No buys this week' on X. The company holds 818,334 BTC acquired at an average price of $77,906. Wall Street expects a loss of $18.98 per share due to mark-to-market Bitcoin accounting, compared to a loss of $16.49 year-earlier. Concerns persist over the company's STRC perpetual preferred security with its 11.5% dividend yield, with Peter Schiff again calling it a 'Ponzi scheme.'
Reddit reported Q1 EPS of $1.01 vs. 58 cents expected, with revenue of $663 million vs. $611 million expected, jumping 69% YoY. Net income soared to $204 million from $26 million a year ago. Daily active unique users rose 17% to 126.8 million, beating estimates. The company issued optimistic Q2 guidance of $715-$725 million in sales. Stock jumped 6% in extended trading.
Eli Lilly reported Q1 revenue of $19.8 billion, up 56% year-over-year and beating consensus by $2.2 billion. Adjusted EPS of $8.55 crushed the $6.66 estimate. The drugmaker raised full-year guidance for revenue to $82-85 billion and EPS to $35.50-$37. Despite 7% pricing headwinds in the U.S., volumes jumped 49% driven by GLP-1 drugs Zepbound and Mounjaro. New obesity pill Foundayo has 20,000 users, with 80% of prescriptions going to new GLP-1 patients.
Eli Lilly reported first-quarter revenue of $19.80 billion, up 56% year-over-year, beating analyst expectations of $17.62 billion. Adjusted EPS was $8.55 vs $6.66 expected. The pharmaceutical giant raised its 2026 full-year revenue guidance to $82-85 billion, up $2 billion from prior outlook, driven by surging demand for Zepbound ($4.16B, +80% YoY) and Mounjaro ($8.66B, +125% YoY). Net income jumped to $7.40 billion from $2.76 billion a year ago.
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Eli Lilly reports Q1 earnings Thursday with analysts expecting $6.66 EPS on $17.62B revenue. Zepbound sales projected at $4.04B globally and Mounjaro at $7.26B worldwide, driven by robust demand in the GLP-1 obesity and diabetes drug market. The newly approved Foundayo pill launched in Q2 and won't be included in this report, but investors will question whether it can match Novo Nordisk's Wegovy momentum.
Amazon reported stronger-than-expected Q1 results with revenue of $181.52 billion (up 17% YoY) and GAAP EPS of $2.78 (up 75%), beating estimates. AWS revenue accelerated to 28.4% growth, the fastest in 15 quarters, reaching $37.59 billion. The company raised its price target to $300 from $250, citing highest operating margin quarter in company history and strong momentum across high-margin revenue streams including advertising and cloud services.
Microsoft and Alphabet both reported stronger-than-expected Q1 2026 earnings, with Alphabet posting $109.9B revenue and Google Cloud reaching $20.03B (up 63% YoY), while Microsoft's AI business hit a $37B annual run rate. The results contrast sharply with OpenAI's revenue struggles, as Big Tech continues to dominate the enterprise AI market.
Alphabet reported first-quarter earnings with revenue of $109.9 billion, beating analyst expectations of $107.2 billion. Google Cloud revenue surged 63% year-over-year to $20.02 billion, driven by enterprise AI solutions. The company raised its 2026 capital expenditure guidance to $180-$190 billion and expects 2027 CapEx to increase significantly. Net income jumped 81% to $62.57 billion. Shares climbed following the report, with Alphabet outperforming Magnificent Seven peers this month.
Carvana reported record Q1 results that exceeded Wall Street expectations, with EPS of $1.69 versus $1.43 expected and revenue of $6.43 billion versus $6.08 billion expected. The online used car retailer posted adjusted EBITDA of $672 million and net income of $405 million, up from $373 million a year earlier. Retail sales reached 187,393 units, a 40% increase year-over-year. Shares jumped as much as 10% in extended trading. The company expects sequential increases in Q2 for both retail units sold and adjusted EBITDA.
Amazon reported Q1 earnings of $2.78 per share, beating analyst estimates of $1.64. Revenue reached $181.52 billion versus $177.30 billion expected. AWS cloud revenue grew 28% year-over-year to $37.59 billion, its fastest growth in over three years, surpassing the 26% Wall Street expected. Amazon issued Q2 guidance of $194-199 billion, above the $188.9 billion forecast. The stock fell over 1% in extended trading.
Amazon reported Q1 earnings of $2.78 per share, beating analyst estimates of $1.64. Revenue of $181.52B exceeded expectations of $177.30B. AWS revenue was $37.59B and advertising revenue was $17.24B, both surpassing estimates.
Chipotle Mexican Grill is expected to report Q1 earnings after market close on Wednesday, with analysts projecting 24 cents EPS on $3.07 billion in revenue. The burrito chain has seen its shares lose 35% of their value over the last 12 months, reporting same-store sales declines in three of the last four quarters. Analysts forecast a 0.7% same-store sales decline for the quarter, with the company projecting flat same-store sales for 2026, indicating the challenges are expected to persist.
Meta Platforms reported Q1 2026 earnings of $10.44 per share on $56.31B revenue, beating analyst estimates of $6.67 per share on $55.6B. Profit surged 61% YoY, but the company raised its 2026 capital expenditure guidance to $125-145B due to higher component pricing and data center costs. Shares fell over 6% in extended trading as investors concerns grew over increased AI infrastructure spending.
