Kevin Smith
Journalist
Onsemi beats expectations, but recovery remains selective
Onsemi reported quarterly results that are slightly above expectations, although not enough to sustain the stock's strong momentum, which fell over 5% in after-hours trading on Monday, after a YTD surge of about 85%. The group posted revenue of $1.51bn, compared to the $1.49bn expected by the consensus, while adjusted EPS came in at $0.64, above the anticipated $0.613.
May 05, 2026 at 02:22 am
Pinterest surges following better-than-expected quarter
Pinterest shares soared nearly 17% in after-hours trading on Monday, after releasing quarterly results that beat expectations, a sharp rebound for a stock that had fallen about 20% YTD. The group generated revenue of $1.01bn in Q1, up 18% y-o-y, above the consensus, which was targeting $965.8m. Adjusted EPS reached $0.27, above the $0.229 expected.
May 05, 2026 at 02:14 am
Sandisk down, despite results significantly beating expectations
Sandisk shares fell by over 5% in after-hours trading on Thursday, despite quarterly results and guidance that far exceeded expectations. The market appears to be engaging in profit-taking following an exceptional stockmarket run, with the share price having skyrocketed 364% YTD, hitting a new annual high of $1,115 during normal trading hours.
May 01, 2026 at 02:49 am
Massive AI Investment Bolsters US GDP
Real gross domestic product (GDP) in the United States grew at an annualized rate of 2.0%, according to the advance estimate from the Bureau of Economic Analysis (BEA). This follows a modest 0.5% increase in Q4 2025, which was hampered by the historic government shutdown last October and November.
April 30, 2026 at 03:20 pm
Fed remains on hold as Powell defends institutional independence
Jerome Powell's press conference brought no major shift to the monetary trajectory, but it reinforced the more cautious tone of the earlier policy statement. The Fed maintained interest rates within a 3.50% to 3.75% range and sharpened its description of inflation, now labeled "elevated" partly due to the recent surge in global energy prices. Powell also warned that this shock would push headline inflation higher in the short term, while acknowledging that the scale and duration of its effects remain uncertain.
April 29, 2026 at 05:26 pm
Starbucks surges as quarterly results bolster turnaround credibility
Starbucks shares climbed 5% in after-hours trading following the release of Q2 results that beat expectations, highlighted by a clearer recovery in US foot traffic and an upward revision of its full-year guidance.
April 28, 2026 at 05:43 pm
Robinhood down as results prove less robust than they appear
Robinhood shares fell approximately 4% in after-hours trading following a mixed quarterly release, characterized by revenue that missed expectations, despite continued strong customer activity.
April 28, 2026 at 05:38 pm
Solar power scales up, putting power grids back at the heart of the energy transition
According to the annual report from energy think tank Ember, low-carbon sources covered the entirety of the 849 TWh increase in global electricity demand. Consequently, fossil fuel generation saw a slight decline of 38 TWh, or 0.2%, despite continued growth in overall demand.
April 28, 2026 at 04:40 pm
Amazon strengthens partnership with OpenAI in enterprise AI
Amazon Web Services (AWS) has announced a major expansion of its partnership with OpenAI, bringing the startup's latest models to Amazon Bedrock. Bedrock is AWS' managed platform that provides enterprises with access to multiple large-scale artificial intelligence models within a single environment, enabling the creation of generative applications and agents while maintaining AWS' security, compliance and cost controls.
April 28, 2026 at 04:38 pm
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