Meta lifts spending forecast, flags legal scrutiny, shares fall - Reuters

Meta lifts spending forecast, flags legal scrutiny, shares fall  Reuters

Meta beats revenue expectations, boosts capital spending forecast for 2026 - AP News

Meta beats revenue expectations, boosts capital spending forecast for 2026  AP News

Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion

The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.

By Maureen Farrell and Lauren Hirsch

Ackman’s $5 Billion Pershing IPO Squeaks Across the Finish Line - Bloomberg.com

Ackman’s $5 Billion Pershing IPO Squeaks Across the Finish Line  Bloomberg.com

Bill Ackman’s Pershing Square IPO slides on Wall Street debut

Weak investor demand hits hedge fund chief’s scaled-back double offering

Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer

Qualcomm CEO Cristiano Amon said that it would begin shipping data center chips to "a large hyperscaler" ahead of schedule, and called a bottom in China sales.

More diners are eating at Chipotle despite higher prices, bucking Wall Street’s concerns about restaurants

Shares of Chipotle jumped 6.2% after hours on Wednesday, after the company managed to eke out a surprise same-store sales gain for the first quarter.

By Bill Peters

Is Barrick (B) the Best Precious Metal Stock to Buy According to Wall Street Analysts?

Meta Q1 Revenue Soars 33% in Q1, Net Profit Hits $26.8 Billion Ahead of Mass Layoffs

Even as Meta continues make money hand over fist, the tech giant is set to make a large round of layoffs to optimize operations — and as it continues to plow billions into AI projects. Meta, the parent of Facebook, Instagram and WhatsApp, reported revenue of $56.3 billion for the first quarter of 2026 as […]

By Todd Spangler

Meta Crushes Wall Street Expectations But Warns of “Scrutiny On Youth-Related Issues”

The owner of Facebook and Instagram saw its revenues and profits soar more than 30 percent, but AI costs remain high and lawsuits remain a threat.

By Alex Weprin

Amazon Offers Q1 Shoutout To ‘Project Hail Mary’, Tops Wall Street Forecasts Amid AI Arms Race

Amazon surpassed Wall Street forecasts with revenue of $181.5 billion in the March quarter, up 17% from the year earlier. CEO Andy Jassy noted Project Hail Mary‘s nearly $615 million at the box office to date among the company’s achievements for the three months. Sales and profit numbers were a beat as was the key […]

By Jillg366

Builders Capital Mortgage GAAP EPS of $1.20, revenue of $7.6M beats by $0.06M

Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing"

Meta Plunges After Boosting Capex Outlook Again On "Higher Component Pricing" The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.  First, the good news: the company reported revenue and EPS both of which beat estimates, and guided Q2 revenues which came in roughly in line with estim...

By Tyler Durden