News Blog

Moderna defied expectations of a Covid-revenue slowdown on Friday as the drugmaker delivered strong first-quarter results fueled by a surge in international vaccine sales.

Veeva Systems, which sells cloud software to life sciences companies and drugmakers, is joining the S&P 500, becoming the latest tech company to get added to the benchmark.

Annual core inflation in April hit a four-year low and stayed below the central bank’s 2% target for a third straight month, as fuel and education subsidies offset rising raw material costs from the Middle East conflict.

Sandisk shares fell 6.3% in premarket trading Friday even as the company posted excellent fiscal third-quarter earnings the prior afternoon. Analysts are sticking by the flash memory supplier.

Roblox shares plunged 24% in premarket trading on Friday after the company lowered its annual bookings forecast, raising concerns that new safety measures ​could weigh on user growth for several quarters.

Estee ​Lauder on Friday ​raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broad restructuring plan, sending its shares ⁠up ‌about 11% in premarket trading.

Colgate-Palmolive beat expectations for first-quarter sales and profit on Friday, helped by strong international demand for household staples such as oral ​and personal care products.

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve.

Mastercard Inc. shares fell after the company reported higher-than-expected expenses.

The ECB maintained key interest rates at their lowest level in more than two years, matching market expectations.

Bristol-Myers Squibb reported first-quarter earnings and revenue that topped analyst expectations, and reaffirmed its outlook for the full year.

Quanta Services Inc. (PWR) reported first-quarter results that significantly exceeded analyst expectations and raised its full-year financial outlook, sending shares up 10%.

The euro zone economy expanded by a meager 0.1% in the first quarter of the year, preliminary data showed on Thursday, as the Iran war hampers growth in the region and inflation pressures intensify.

Caterpillar (CAT) stock has been strong recently, raising expectations for a robust quarterly earnings report. The equipment company delivered the beat-and-raise quarter investors were hoping for. Shares were up nearly 5% in early trading.

Singapore’s biggest bank DBS Group (DBSM) struck a more sanguine tone on its 2026 outlook on Thursday after beating ‌first-quarter earnings forecasts, betting stronger wealth inflows and deposit growth can blunt the impact of the Iran war.

An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank.

Shares of Eli Lilly (LLY) rose sharply Thursday after the drugmaker delivered a beat-and-raise quarter driven partly by demand for its GLP-1 drugs.

Gazprom (GAZP), Russia’s largest natural gas producer, said on Thursday its ​full-year net income rose 7% in 2025 to 1.3 ​trillion roubles ($17.3 billion), thanks to a stronger rouble, which ⁠had a positive effect on its forex-denominated debt.

ConocoPhillips on Thursday reported first-quarter 2026 adjusted earnings per share of $1.89, beating analyst estimates of $1.66, though shares fell over 2% in pre-market trade as the company cut its full-year production outlook citing the ongoing Middle East conflict’s impact on Qatar operations.

Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely with OpenAI.