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  • Insulet Q1 Profit Surges On Strong Revenue Growth; Raises Full-Year Outlook; Stock Up May 06, 2026 08:20 ET

    Insulet Corporation (PODD), a medical device company, on Wednesday reported significantly higher first-quarter profit, driven by strong revenue growth, and raised its full-year sales outlook. Shares were up more than 4% in pre-market trading.

  • Global Payments Turns To Loss In Q1 Despite Strong Revenue Growth, Reaffirms FY26 Outlook May 06, 2026 08:16 ET

    Wednesday, Global Payments Inc. (GPN) announced its first-quarter financial results, reporting a net loss of $1.799 billion compared to a net income of $305.7 million in the prior year, driven by higher loss from discontinued operations. On a per-share basis, total loss attributable to the company...

  • Disney Q2 Profit Down, Sees Earnings Growth In FY26, FY27; Plans At Least $8 Bln Buyback; Stock Up May 06, 2026 07:32 ET

    Walt Disney Co. reported Wednesday lower net profit in its second quarter, while segment operating income increased with higher revenues. Further, the media and entertainment major updated its fiscal 2026 outlook, and maintained fiscal 2027 earnings growth view. The company also said it is targeting at least $8 billion in share repurchases in fiscal 2026.

  • Hut 8 Commercializes First Phase Of Beacon Point AI Data Center Campus, Stock Up In Pre-Market May 06, 2026 07:03 ET

    Wednesday, Hut 8 Corp. (HUT) announced the commercialization of the first phase of its Beacon Point data center campus in Nueces County, Texas, through a 15-year, $9.8 billion lease for 352 megawatts of IT capacity. The campus is being developed in collaboration with key Texas stakeholders, including...

  • CVS Health Lifts FY26 Outlook After Q1 Results Rise; Stock Gains May 06, 2026 06:54 ET

    CVS Health Corp. on Wednesday reported higher profit and revenues in its first quarter and raised fiscal 2026 outlook. According to the health solutions major, the updated outlook reflects increases in the Health Care Benefits and Pharmacy & Consumer Wellness segments. In pre-market activity, CVS shares were gaining around 4.7 percent

  • Wedbush Rates PYXS; Reaffirms TVTX, ORIC, NUVB At Outperform; Lifts Price Target For TVTX May 06, 2026 06:50 ET

    The biotech sector has always been a space where science, capital, and sentiment intersect in complex ways. From cautious optimism around breakthrough therapies to concerns over valuation and funding cycles, analyst perspectives continue to offer critical signals about where the industry may be headed...

  • 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...

  • Cytokinetics Stock Rises 17% Over Positive Data From ACACIA-HCM Trial May 05, 2026 10:29 ET

    Stock of Cytokinetics, Incorporated (CYTK) is rising about 17 percent in Tuesday morning trading after the company announced positive topline results from ACACIA-HCM, its pivotal Phase 3 clinical trial evaluating Aficamten in patients with symptomatic non-obstructive hypertrophic cardiomyopathy. The...

  • Rockwell Automation Stock Climbs 9% Over Higher Earnings In Q2 May 05, 2026 09:48 ET

    Shares of Rockwell Automation, Inc. (ROK) are climbing about 9 percent in Tuesday morning trading after the company reported an increase in its second-quarter earnings to $350 million, or $3.10 per share, from last year's $252 million, or $2.22 per share. The company's shares are currently trading...

  • Eton Scales New Highs On Sustained Growth Momentum May 05, 2026 08:59 ET

    Eton Pharmaceuticals Inc. (ETON) is carving out a strong position in rare disease care. When we first profiled ETON on September 8, 2023, it was trading at $4.51. Upon revisiting the stock on November 14, 2024, it had risen to $10.73, and by December 11, 2025, it reached $16.44. The stock touched an all-time high of $31.12 during intraday trading yesterday.

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.

Latest Updates on COVID-19