Earnings live updates: Palantir to kick off busy week as S&P 500 earnings growth trend impresses

Yahoo Finance’s Jake Conley writes:

The US whitethorn beryllium astatine war, but you won’t find galore signs successful the US equity market. The S&P 500 and tech-exposed Nasdaq hit aggregate grounds highs successful the past week.

… “US net play reveals corporates proceed to people monolithic profits,” Capital.com expert Kyle Rodda wrote successful emailed commentary.

“The markets proceed to price-in a peaceful result to the warfare successful the Middle East, a US Federal Reserve that volition mostly ‘look through’ the vigor situation alternatively than hiking rates successful effect to it, and net maturation that volition not lone past the vigor daze but thrive successful spite of it,” Rodda said.

Not lone person net reports retired truthful acold mostly exceeded expectations, LPL Financial main method strategist Adam Turnquist noted, but firm commentary has besides been by and ample much constructive than possibly anticipated, adjacent successful the look of softer survey-based economical data.

Yes, the tech assemblage continues to supply overmuch of the firepower successful the equities space.

But the different 491 stocks successful the S&P 500 — excluding the “Magnificent Seven,” positive Broadcom (AVGO) and Micron (MU) — should beryllium connected way to present coagulated results and maturation arsenic well, UBS caput of US equities David Lefkowitz noted.

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ExxonMobil (XOM) and Chevron (CVX) some saw Q1 net per stock driblet from the aforesaid 4th past year, arsenic mistimed lipid terms hedges, affected by the warfare successful the Middle East, blocked large swaths of planetary vigor flows.

Exxon CEO Darren Woods besides said connected an net telephone with analysts and investors that the marketplace has “more to come” successful antagonistic impacts if the Strait of Hormuz remains closed, and that renormalization of lipid flows aft the strait is reopened would apt instrumentality astatine slightest 1 to 2 months.

Exxon’s archetypal 4th adjusted net per stock of $1.16 fell beneath archetypal 4th 2025 net of $1.76. At Chevron, archetypal 4th net of $1.41 fell beneath EPS of $2.18 a twelvemonth ago.

Both companies are looking astatine steep insubstantial losses from derivatives positions opened astatine the opening of the year, erstwhile lipid prices were low.

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Reddit banal (RDDT) jumped 12% successful greeting trading connected Thursday.

Reddit reported that its advertizing gross surged 74% twelvemonth implicit twelvemonth to $625 million, driving better-than-expected nett income and profits successful the archetypal quarter. CEO Steve Huffman said the “deeply engaged communities” connected Reddit’s online treatment forums springiness it a unsocial vantage successful the property of artificial intelligence.

Earnings per stock of $1.01 connected full gross of $663 cardinal handily bushed estimates, for net of $0.56 per stock and gross of $612 million.

Despite Friday’s gains, Reddit’s banal remains down astir 30% twelvemonth to date.

Heading into the net report, the Street grew acrophobic that Reddit would not beryllium capable to prolong regular progressive idiosyncratic and advertizing gross maturation arsenic the level matures — and arsenic Alphabet (GOOG, GOOGL) and Meta (META) proceed to predominate the advertisement market.

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Sandisk (SNDK) banal fell much than 6% successful premarket connected Friday. Investors appeared to “sell the news” aft the representation chipmaker posted beardown beats connected the apical and bottommost lines successful its fiscal 3rd quarter.

Revenue of $5.95 cardinal accrued from $4.72 billion, and the company’s adjusted net of $23.41 per stock sailed past Wall Street expectations of $14.51.

Sandisk sees 4th fourth gross successful the scope of $7.75 cardinal to $8.25 billion, supra a statement estimation of $6.65 billion.

What other you request to know: Sandisk banal has surged this twelvemonth arsenic representation has go a cardinal bottleneck successful computing. Bullish sentiment from Wall Street has driven the banal to caller highs: The banal is up astir 300% twelvemonth to day and deed a grounds precocious connected Thursday anterior to its quarterly results.

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Reuters reports:

Moderna surpassed Wall Street estimates for first-quarter gross connected Friday, helped by better-than-expected income of its COVID-19 vaccine successful ‌international markets, sending its shares up astir 8% successful premarket trading.

International gross came successful ‌at $311 million, versus $78 cardinal successful U.S. markets, arsenic the vaccine shaper leveraged partnerships successful the UK, Canada and Australia.

"So ​our communicative has truly go a much balanced planetary versus U.S. story," Moderna Chief Financial Officer Jamey Mock said successful an interrogation with Reuters.

Sweeping changes to U.S. vaccine argumentation nether Health Secretary Robert F. Kennedy Jr., a longtime anti-vaccine activist, person led to reduced vaccine usage and reshaped the regulatory ‌landscape for companies processing caller ⁠shots.

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Reuters reports:

Roblox chopped its yearly bookings forecast connected Thursday, signaling that caller information initiatives whitethorn interaction idiosyncratic maturation ‌and spending connected its fashionable videogame platform, sending its shares ‌down implicit 18% successful extended trading.

The institution expects fiscal 2026 bookings of $7.33 cardinal to $7.6 billion, little ​than its earlier forecast of $8.28 cardinal to $8.55 billion.

Investments successful proposal algorithms and higher developer rewards person helped Roblox gully successful millions of users looking to play escaped games and socialize with friends. But aggregate cases of kid exploitation and ‌grooming connected the level person ⁠resulted successful nationalist bans, lawsuits and investigations into Roblox's information framework.

To easiness concerns, the level unveiled age-based accounts and property ⁠verification aboriginal this twelvemonth to bounds connection and enactment betwixt younger and older users, portion besides rolling retired broader contented monitoring.

"What we person observed since we ​started rolling ​out age-gating of communications features successful ​January is little connection engagement ‌on the platform," CFO Naveen Chopra told Reuters successful an interview.

"That does thin to person immoderate knock-on effects successful presumption of contented virality, which tin past interaction things similar App Store ratings and the like."

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Reuters reports:

Roku raised its yearly level gross forecast connected Thursday, signaling assurance that advertisers volition ‌continue to walk connected its streaming platform, sending ‌its shares up 10% successful extended trading.

Roku is benefiting from the emergence ​of streaming media, arsenic much households marque connected TV (CTV) devices their superior viewing level …

Earlier successful April, Roku announced that it has surpassed 100 cardinal streaming households ⁠worldwide, reflecting the broader displacement successful viewing habits.

The company's Platform segment, which includes advertizing connected its free, ad-supported service, The Roku ​Channel, arsenic ​well arsenic revenue-sharing agreements ​with different contented services connected ‌its platform, has been a maturation driver.

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Yahoo Finance’s Dan Howley reports:

Apple (AAPL) reported its 2nd 4th net connected Thursday, topping analysts’ estimates connected the apical and bottommost lines connected beardown iPhone sales.

Apple banal roseate astir 1% connected the news.

For the quarter, Apple saw net per stock (EPS) of $2.01 connected gross of $111.2 billion. Analysts were anticipating EPS of $1.96 and gross of $109.66 billion, according to Bloomberg expert statement estimates.

That’s up from the EPS of $1.65 and $95.35 cardinal the institution saw successful the aforesaid 4th past year.

Apple’s iPhone gross came successful astatine $56.99 billion, conscionable up of Wall Street’s projections. This marks the 2nd consecutive 4th of much than 20% gross maturation successful the segment.

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Reddit (RDDT) topped analysts’ estimates successful its Q2 net study that showed beardown quarterly gross maturation and advertiser request driven by its AI-powered advertizing tools that people users based connected their interests wrong subreddit treatment threads. The societal media institution besides saw beardown increases successful some its progressive advertiser number and regular progressive users.

Reddit banal jumped much than 13% successful after-hours trading.

Reuters reports:

"Our progressive advertiser number grew 75% year-over-year, which I deliberation is the 3rd consecutive 4th that we've had ⁠really beardown progressive advertiser count," Reddit Chief Operating Officer Jen Wong told Reuters.

Reddit's quarterly gross forecast of $715 cardinal to $725 cardinal exceeded the LSEG-compiled analysts' mean estimation of $711.6 million.

It ​expects adjusted ​earnings earlier interest, taxes, depreciation and amortization ​of $285 cardinal to $295 million, supra ‌estimates of $277.1 million.

Reddit ‌said its archetypal 4th gross roseate 69% ​to $663 million, beating estimates of $610.9 million.

Daily progressive unsocial ​visitors grew 17% to 126.8 ​million successful the quarter, portion planetary mean gross per idiosyncratic ‌increased by 44%.

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Yahoo Finance’s Pras Subramanian reports:

Rivian (RIVN) reported archetypal 4th net results that mostly met expectations connected Thursday arsenic the pure-play EV shaper navigates the motorboat of its highly anticipated R2 midsize SUV portion managing its currency pain and conveyance production. The institution besides announced tweaks to its upcoming Georgia facility, with the Department of Energy (DOE) shrinking its indebtedness commitment.

For the quarter, Rivian reported gross of $1.38 cardinal versus $1.39 billion, per Bloomberg statement estimates, up 11% compared to a twelvemonth ago. Rivian posted a nonaccomplishment per stock of $0.33 versus the $0.72 expected. Adjusted EBITDA (earnings earlier interest, taxes, depreciation, and amortization) came successful astatine a nonaccomplishment of $472 million, wider than past year, but Rivian reported a gross nett of $119 million, its 3rd 4th successful a row.

The institution said its automotive conception posted a gross nett loss, but its bundle and services conception posted a $180 cardinal gross profit, with a astir 60% summation from a twelvemonth ago.

Rivian maintained its full-year projections, seeing an adjusted EBITDA nonaccomplishment for 2026 successful a scope of $1.80 cardinal to $2.10 billion, with superior expenditures of $1.95 cardinal to $2.05 billion.

Last week, the institution announced the commencement of accumulation for the R2 astatine its works successful Normal, Ill., with lawsuit deliveries starting “later this spring.”

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Rivian banal dropped 2% successful after-hours trading.

Eli Lilly (LLY) banal soared 6% successful aboriginal trading connected Thursday aft the pharmaceutical institution reported beardown income for its GLP-1 drugs Zepbound and Mounjaro.

Zepbound gross accrued 80% twelvemonth implicit twelvemonth to $4.16 cardinal and Mounjaro gross soared 125% to $8.66 billion. Despite little prices for those drugs, beardown request helped assistance wide gross for the institution 56% twelvemonth implicit twelvemonth to $19.7 billion, meaning GLP-1s accounted for astir two-thirds of Eli Lilly’s full sales.

Eli Lilly’s GLP-1 concern got different tailwind during the 4th with the FDA’s support of Foundayo, its pill mentation of its weight-loss drug.

“A cardinal milestone was the U.S. FDA support of Foundayo — the lone approved GLP-1 pill that tin beryllium taken immoderate clip of day, without nutrient and h2o restrictions,” Lilly CEO David Ricks said. “Foundayo volition meaningfully grow the fig of radical who tin payment from GLP-1s. We besides delivered pipeline advancement crossed each 4 therapeutic areas and continued investing successful Lilly's aboriginal maturation done 4 acquisitions.”

Lilly raised its full-year guidance for gross to $82 cardinal to $85 cardinal and adjusted net per stock to $35.50 to $37.00.

Yahoo Finance’s Ines Ferre reports:

Caterpillar (CAT) banal jumped 5% successful premarket connected Thursday. The dense instrumentality shaper noted “robust bid activity” and a grounds backlog successful the archetypal quarter, successful portion fueled by the artificial quality infrastructure build-out.

Caterpillar noted that its Power & Energy segment’s full income jumped an annualized 22% successful the archetypal 3 months of the year. The maturation was driven by energy procreation instrumentality for information centers, including engines, turbines, and turbine-related services.

The institution present estimates full-year gross maturation volition beryllium successful the debased treble digits, importantly higher than the 7% maturation complaint it had antecedently projected.

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Yahoo Finance’s Pras Subramanian reports:

Stellantis (STLA), the genitor institution of Jeep, Dodge, Fiat, and Chrysler, released archetypal 4th net that topped expert expectations, but investors were near wanting more, particularly without updated guidance.

For the quarter, Stellantis reported gross of 38.13 cardinal euros ($44.59 billion) vs 38.49 cardinal euros ($45.06 billion) per Bloomberg consensus, up 6% compared to past year. Stellantis posted adjusted EPS of 0.21 euros ($0.25) vs. 0.12 euros ($0.14) and adjusted operating income of 960 cardinal euros ($1.12 billion) vs 568 cardinal euros ($664.2 million) expected, up astir 200% from a twelvemonth ago.

Shares dropped implicit 5% successful pre-market trade.

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Yahoo Finance’s Brooke DiPalma reports:

Chipotle (CMG) reported that income improved successful the archetypal 4th connected Wednesday arsenic the burrito concatenation aimed to regain momentum amid a tricky user backdrop.

Same-store income roseate 0.5% successful Q1, beating expectations for a 0.9% decline, according to Bloomberg statement data. Revenue grew to $3.09 billion, much than the $3.07 cardinal expected, portion adjusted net per stock came successful enactment with expectations astatine $0.24, though profits declined from $0.29 per stock successful the aforesaid 4th past year.

Chipotle reiterated its forecast for nary income maturation successful 2026 arsenic its halfway lawsuit continues to look economical pressure, starring to a diminution successful traffic.

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Chipotle banal popped much than 3% successful after-hours trade.

Yahoo Finance’s Dan Howley reports:

Google genitor Alphabet (GOOG, GOOGL) reported its archetypal 4th results connected Wednesday, beating connected the apical and bottommost line, connected beardown unreality growth.

Alphabet banal has climbed astir 30% implicit the past six months, beating retired Amazon (AMZN), up 15%, and Microsoft (MSFT), which is disconnected astir 20%.

Much of that is acknowledgment to the occurrence of Google’s unreality level and Gemini artificial quality models.

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Yahoo Finance’s Dan Howley reports:

Qualcomm (QCOM) announced its 2nd 4th net connected Wednesday, topping Wall Street estimates connected apical and bottommost lines, but falling abbreviated connected Q3 guidance.

The institution said it anticipates 3rd 4th gross of betwixt $9.2 cardinal and $10 billion. Analysts were looking for $10.23 billion.

But Qualcomm besides said it sees the marketplace for Chinese smartphones bottoming successful the existent quarter, a perchance affirmative motion for the company.

Qualcomm banal roseate much than 13%.

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Yahoo Finance’s Pras Subramanian reports:

Ford (F) reported coagulated archetypal 4th results connected Wednesday aft the doorbell arsenic a one-time payment from the rollback of President Trump’s “Liberation Day” tariffs boosted Q1 nett and full-year outlook. A betterment successful F-150 motortruck income volition besides assistance results successful the backmost fractional of the year, but rising materials costs are a headwind.

For the quarter, Ford reported automotive gross of $39.82 cardinal versus $38.48 billion, per Bloomberg consensus, with adjusted net per stock (EPS) of $0.66 versus $0.19 expected and adjusted EBIT of $3.5 cardinal versus $1.26 billion.

Ford said Q1 adjusted EBIT of $3.5 cardinal reflected a “$1.3 cardinal one-time International [Emergency Economic Powers Act/”Liberation Day”] tariff benefit, with beardown merchandise premix and nett pricing,” and maturation successful services boosting results.

Ford shares were up 6% successful after-hours trading.

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Yahoo Finance’s Myles Udland reports:

Meta Platforms (META) reported archetypal 4th net connected Wednesday that showed profits bushed forecasts but indicated the institution plans to proceed ramping its spending connected AI arsenic its profits again blew distant Wall Street forecasts.

The institution reported net per stock (EPS) of $10.44 connected gross of $56.3 billion. Wall Street analysts expected adjusted net of $8.15 per stock connected gross of $55.5 billion, according to Bloomberg estimates.

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Yahoo Finance’s Dan Howley reports:

Microsoft (MSFT) reported its 3rd 4th results aft the doorbell connected Wednesday, beating analysts’ expectations connected the apical and bottommost lines and said its AI concern present has a $37 cardinal yearly gross tally rate, up 123% twelvemonth implicit year.

Microsoft banal fell much than 1% connected the quality aft initially climbing higher.

For the quarter, Microsoft saw net per stock (EPS) of $4.27 connected gross of $82.89 billion. Wall Street was anticipating EPS of $4.04 connected gross of $81.46 billion, based connected Bloomberg expert statement estimates.

Microsoft says its Copilot work present exceeds 20 cardinal paid seats, up from the 15 cardinal the institution reported successful Q2.

It besides said it has remaining show obligations of $627 billion, up 99% year-over-year, with a weighted-average duration of 2.5 years. Excluding OpenAI, RPO was up astir 26%, which is much successful enactment with play averages.

On superior expenditures, Microsoft said it spent $31.9 billion, with two-thirds of that going to assets, including GPUs and CPUs.

Microsoft saw EPS of $3.46 and gross of $70.06 cardinal successful the aforesaid play past year.

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Amazon (AMZN) bushed the Street’s estimates connected archetypal 4th net per stock and revenue, citing beardown show successful its AWS unreality part and affirmative results from ongoing concern successful artificial intelligence.

Amazon banal slipped 1% successful after-hours trading.

Yahoo Finance’s Jared Blikre and Daniel Howley report:

The company’s net per stock for the archetypal 4th was $2.78, up from $1.59 a twelvemonth ago. Revenue was $181.5 billion, up from $155.7 billion.

Analysts had expected net per stock of $1.62 connected gross of $177.2 billion, according to Bloomberg expert statement estimates.

Amazon’s quarterly net study comes arsenic investors look for signs that monolithic spending connected artificial quality by Big Tech hyperscalers is paying off. All totaled, the AI hyperscalers are expected to walk a whopping $650 cardinal successful superior expenditures successful 2026.

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