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  • Cencora Stock Falls 15% Despite Strong Q2 Earnings Growth May 06, 2026 11:46 ET

    Cencora, Inc. (COR) shares dropped 15.06 percent to $259.82, down $46.08 on Wednesday, even as the company reported strong second-quarter earnings growth.

  • Primoris Services Stock Plunges 45% On Weak Q1 Results May 06, 2026 11:44 ET

    Primoris Services Corporation (PRIM) shares tumbled 44.80 percent to $112.05 on Wednesday, down $90.87, after the company reported a sharp decline in first-quarter earnings driven by lower revenue and higher costs.

  • Super Micro Computer Surges 17% On Strong Q3 Earnings May 06, 2026 11:42 ET

    Shares of Super Micro Computer, Inc. (SMCI) jumped over 17% on Wednesday morning after reporting strong third-quarter fiscal 2026 results. The stock is currently trading at $32.42, up $4.59 or 16.51%, on the Nasdaq. It opened at $31.50 after closing the previous session at $27.83. The stock has traded...

  • Corning Stock Jumps 14% On NVIDIA AI Infrastructure Partnership May 06, 2026 11:16 ET

    Shares of Corning Incorporated (GLW) jumped over 14% on Wednesday after announcing a long-term AI infrastructure partnership with NVIDIA Corporation. The stock is currently trading at $184.27, up $22.17 or 13.68%, on the NYSE. It opened at $189.38 after closing the previous session at $162.10. The...

  • Avalo Therapeutics Stock Gains 38% Over Pricing Of $375 Mln Offering May 06, 2026 10:59 ET

    Stock of Avalo Therapeutics, Inc. (AVTX) is rising about 38 percent in Wednesday morning trading after the company priced an offering of 250 million shares of common stock and pre-funded warrants at a combined price of $1.50 per share. The company's shares are currently trading at $22.42 on the Nasdaq,...

  • Oklo Stock Rises 4% On NRC Approval May 06, 2026 10:43 ET

    Oklo Inc. (OKLO) shares gained 4.11 percent to $71.19, up $2.81 on Wednesday, following regulatory progress for its Aurora reactor project.

  • Uber Stock Rises 5% On Strong Q1 Revenue Growth May 06, 2026 10:42 ET

    Uber Technologies, Inc. (UBER) shares gained 5.57 percent to $77.01 on Wednesday, up $4.06, as investors focused on strong revenue growth despite a sharp year-over-year decline in profit.

  • NICE Stock Falls 19% Over Lower Earnings In Q1 May 06, 2026 10:41 ET

    Shares of NICE Ltd. (NICE) are falling about 19 percent in Wednesday morning trading after the company reported net income of $46.81 million in the first quarter, down from $129.29 million in the previous year. The company's stock is currently trading at $100.56, down 19.56 percent or $24.45, over...

  • NANO Nuclear Energy Stock Rises 11% Over MoU With Super Micro Computer May 06, 2026 09:57 ET

    Shares of NANO Nuclear Energy Inc. (NNE) are climbing about 11 percent on Wednesday morning after the company entered into a Memorandum of Understanding with Super Micro Computer, Inc. to explore the integration of NANO Nuclear's advanced microreactor systems with Supermicro's industry-leading AI server...

  • PayPal Stock Falls 9% On Q1 Profit Decline May 05, 2026 11:42 ET

    PayPal Holdings, Inc. (PYPL) shares declined 8.60 percent to $46.06 on Tuesday, down $4.33, as investors reacted to a drop in first-quarter earnings despite higher revenue.

  • DigitalOcean Surges 35% On Strong Q1 May 05, 2026 11:26 ET

    Shares of DigitalOcean Holdings, Inc. (DOCN) jumped nearly 35% on Tuesday morning after reporting strong first-quarter results and raising guidance. The stock is currently trading at $146.79, up $37.98 or 34.90%, on the NYSE. It opened at $130.20 after closing the previous session at $108.81. The...

  • IPG Photonics Stock Falls 24% Over Lower Earnings In Q1, Patent Litigation Settlement With TRUMPF May 05, 2026 11:02 ET

    Shares of IPG Photonics Corporation (IPGP) are falling about 24 percent in Tuesday morning trading after the company reported a decline in its first-quarter profit to $1.58 million, or $0.04 per share, from last year's $3.76 million, or $0.09 per share. The company's stock is currently trading at...

  • Fiserv Stock Falls 8% On Weak Q1 Earnings May 05, 2026 10:51 ET

    Fiserv, Inc. (FISV) shares dropped 8.22 percent to $57.65, down $5.17 on Tuesday, after the company reported weaker first-quarter earnings compared to the prior year.

  • Cellectar Biosciences Stock Surges 24% On Positive Clinical Data May 05, 2026 10:49 ET

    Cellectar Biosciences, Inc. (CLRB) surged 24.03 percent to $3.51 after gaining $0.68 on Tuesday, driven by strong investor reaction to updated clinical trial results for its cancer therapy candidate.

  • Eaton Falls 5% Despite Strong Q1 Results, Raises FY26 Growth Outlook May 05, 2026 10:36 ET

    Shares of Eaton Corporation plc (ETN) dropped 5% on Tuesday morning despite reporting strong first-quarter results and raising guidance. The stock is currently trading at $401.80, down $20.64 or 4.89%, on the NYSE. It opened at $397.77 after closing the previous session at $422.44. The stock has...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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