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  • Marqeta Appoints Lukasz Strozek CTO May 08, 2026 09:29 ET

    Modern card issuing platform Marqeta, Inc. (MQ) Thursday announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026. Strozek has been working with LendingClub Corp., as CTO responsible for the engineering, product, and data organizations. He is a technology executive...

  • Madison Square Garden Sports Q3 Loss Widens Despite Revenue Gain May 08, 2026 09:15 ET

    Madison Square Garden Sports Corp. (MSGS), on Friday posted a wider quarterly net loss even as revenue rose, driven by a sharp drop in operating income. For the third quarter, net loss widened to $19.98 million or $0.83 per share from $14.23 million or $0.59 per share last year. Operating income...

  • Alpha Metallurgical Resources Posts Narrower Loss In Q1 May 08, 2026 08:26 ET

    Alpha Metallurgical Resources, Inc. (AMR) reported a first quarter net loss of $11.03 million compared to a loss of $33.95 million, a year ago. Basic and diluted loss per common share was $0.86 compared to a loss of $2.60. Adjusted EBITDA increased to $30.0 million from $5.7 million. First quarter...

  • Telephone And Data Systems Turns To Profit In Q1, Plans To Acquire Public Shares Of Array Digital May 08, 2026 08:16 ET

    Friday, Telephone and Data Systems, Inc. (TDS) announced its first-quarter financial results, reporting a net income from continuing operations to common shareholders of $146.6 million, or $1.11 per share, compared with a net loss of $5.9 million, or $0.20 per share, in the prior year. Total operating...

  • Cresco Labs Q1 Loss Widens May 08, 2026 08:12 ET

    Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue. Quarterly net loss widened to $17.01 million from $15.23 million last year. Adjusted EBITDA came in at $32.90 million compared to $36.23 million...

  • FIS Q1 Earnings Up; Reaffirms FY2026 Outlook May 08, 2026 08:08 ET

    Fidelity National Information Services, Inc. (FIS), on Friday reported higher net income in the first quarter of 2026 compared with the previous year. The company reiterated its full year 2026 outlook and updated second quarter 2026. For the first quarter, net income increased to $2.37 billion from...

  • Artiva Biotherapeutics Prices $300 Mln Stock, Pre-Funded Warrants Offering; Shares Rise May 08, 2026 07:27 ET

    Artiva Biotherapeutics, Inc. (ARTV), a clinical-stage biotechnology company, on Friday announced the pricing of an underwritten offering of stock and pre-funded warrants. The offering consists of 23.87 million shares of stock priced at $11.52 per share and pre-funded warrants to purchase 2.17 million...

  • TELUS Q1 Earnings Fall; Reaffirms FY26 Outlook May 08, 2026 07:17 ET

    TELUS Corp. (TU, T.TO), a Canadian telecommunications company, on Friday reported net income declined in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the shares declined 58 percent to C$136 million from C$321 million in the previous...

  • AngloGold Ashanti Q1 Net Income Rises May 08, 2026 07:08 ET

    AngloGold Ashanti plc (AU, AGD.L, ANG.JO) reported that its first quarter earnings attributable to equity shareholders increased to $1.28 billion from $443 million, prior year. Earnings per ordinary share, in cents, was 251 compared to 88. Headline earnings were $1.29 billion compared to $447 million....

  • Acer April Revenues Rise 68% To NT$31.31 Bln May 08, 2026 06:46 ET

    Acer Inc. (2353.TW), a computer hardware company, Friday reported consolidated April revenues of NT$31.31 billion, up 68.4 percent from the same period last year and 4.7 percent month-over-month. Revenues for January through April reached NT$103.74 billion, marking a 29.7 percent year-on-year or YoY...

  • Fluor Corp. Reports Net Income In Q1 May 08, 2026 06:32 ET

    Fluor Corporation (FLR) reported first quarter net earnings attributable to Fluor of $160 million, compared to a net loss of $241 million in the same period of 2025. The company's earnings per share reached $1.08, compared to a loss per share of $1.42. Adjusted EBITDA declined to $61 million from $155...

  • LY Corp. FY25 Earnings Rise; Guides FY27 May 08, 2026 06:11 ET

    LY Corp. (YAHOY, 4689.T), on Friday reported its higher net income in the full year 2025 compared with the previous year. For the full year 2025, net income attributable to the owners of the parent increased to 193.69 billion yen from 153.47 billion yen in the previous year. Earnings per share...

  • Interface Expects Q2 Sales To Improve, Lifts Annual Revenue Guidance; Stock Up 5% In Pre-Market May 08, 2026 06:06 ET

    Interface, Inc. (TILE), a flooring products company, on Friday initiated sales guidance for the second quarter and revised up its annual revenue outlook. For the second quarter of fiscal 2026, Interface anticipates sales of $385 million to $395 million. For the second quarter of fiscal 2025, the company...

  • UMC April Sales Improve 10.8% Year-over-Year, Stock Down May 08, 2026 05:16 ET

    United Microelectronics Corp. (UMC, 2303.TW), a semiconductor foundry, on Friday reported an increase in net sales for April 2026, from the prior year. Cumulative sales for January through April were also up from the prior-year period. Net sales for the month of April grew 10.80 percent to NT$22.66...

  • Krones Q1 Profit Declines, Reaffirms FY26 Outlook May 08, 2026 04:57 ET

    Krones AG (KRNNF.PK, KRNTY.PK, KRN.DE), a manufacturer of packaging and bottling machines, on Friday reported a lower profit for the first quarter, compared to the prior year. The decline is attributed to reduced revenue during the quarter. Net income declined 9.6 percent to 68.6 million euros or...

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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