Track the evolution of major financial and economic events
ACM Research reported a 34% year-over-year revenue growth in Q1 2026, with an EPS beat of $0.14. Simultaneously, the Chief People Officer sold 4,000 shares of Arm Holdings, while Arm's revenue rose by 20% in the fourth quarter. A securities fraud investigation into Arm was announced, while other companies like Applied Digital and ATRenew posted strong results during the same period.
DBS Group reported a record Q1 2026 income of SGD 5.95 billion, with a return on equity (ROE) of 16%. Wealth management non-interest income surged 18% year-on-year, supported by SGD 39 billion in net new money inflows.
SpaceX, owned by Elon Musk, has filed for an initial public offering with a projected valuation of $1.75 trillion, potentially making it the largest IPO in history. This process is expected to generate fees ranging from $800 million to over $1 billion for banks. SpaceX plans to allocate 30% of shares to retail investors, noting that the company reported a net loss of $4.28 billion in the first quarter.
QinetiQ Group PLC raised its dividend by 24% and added £200 million to its share buyback program following a record order intake of £3.57 billion, an 83% increase. The funded order backlog increased to £4.42 billion. However, the company reported an earnings per share (EPS) of -$0.58, with revenue of $1.27 billion, missing analyst estimates, despite an 18% rise in underlying operating profit to £218 million.
On May 21, AMD announced an investment of over $10 billion in Taiwan to enhance AI infrastructure and partnerships. This investment aims to support the development of new technologies and improve processing capabilities in the field of artificial intelligence.
NVIDIA reported a record revenue of $81.6 billion for Q1 fiscal 2027, an 85% increase year-over-year. On the same day, THOR Industries announced its earnings release date for the third quarter of fiscal 2026, set for June 3, 2026. Other companies like Franklin Templeton, NIO, and Molson Coors also announced their financial results and new offerings.
On May 20, Reddit reported a 69% year-over-year revenue growth with a GAAP net margin of 30.8%. Management aims to double U.S. daily active users by investing in the feed and improving user retention. Additionally, ARPU increased by 44% year-over-year, with management guiding for a 45% revenue growth in the next quarter.
Hasbro's stock dropped by approximately 8.32% to $89.09, making it the worst performer in the S&P 500 during the session. The company reported first-quarter earnings and revenue that exceeded analyst expectations. However, Hasbro maintained its full-year outlook without raising it, causing investor concern.
TJX reported strong Q1 results with diluted EPS of $1.19, a 29% increase from the previous year. Comparable sales rose by 6% with a pretax profit margin of 12.0%, exceeding the company's internal plans. TJX also raised its Fiscal 2027 guidance for sales, profit margin, EPS, and share buyback programs. The company reported total revenue of $14.32 billion for the quarter, and the HomeGoods division saw a notable 9% growth in sales. This marks the fourth consecutive quarter that TJX has exceeded estimates for both earnings and revenue.
On May 20, Alphabet reported earnings of $5.11 per share and revenue of $109.9 billion, exceeding estimates. The company also raised its quarterly dividend to $0.22 per share. Revenue saw a 22% year-over-year increase, with significant growth in the Cloud segment at 63%. Meanwhile, Stanley Druckenmiller sold all his Alphabet shares and shifted his investments to other AI-related stocks.
On May 20, the Chinese Ministry of Commerce announced plans to purchase 200 Boeing jets. China is also seeking an extension of the trade agreement reached with the United States in Kuala Lumpur last year.
On May 19, 2026, Aedifica's EPRA Earnings rose by 19% to €74.5 million in Q1. The company also acquired 80% of Cofinimmo shares, with the legal merger expected to take effect on July 1, 2026. Additionally, S&P upgraded Aedifica's credit rating from BBB to BBB+ with a stable outlook.
On May 19, PepsiCo reported an 8.5% year-over-year revenue increase in Q1 2026, reaching $19.44 billion. The healthy snacks segment achieved double-digit growth, supporting the company's sustainable growth strategy.
On May 19, Armada raised $230 million in an oversubscribed Series B funding round. Following this funding round, Armada's valuation increased to $2 billion.
On May 18, a U.S. jury found Takeda Pharmaceutical liable for approximately $885 million in damages for delaying a generic version of its drug Amitiza. This ruling is part of an antitrust case focusing on Takeda's market practices.
On May 18, Kahn Swick & Foti, LLC issued a notice to investors regarding the lead plaintiff deadline for class action lawsuits against Super Micro Computer, Inc. The lawsuits allege a scheme to divert servers containing U.S. AI technology to China, violating export control laws between February 2024 and March 2026.
On May 18, the FCC approved EchoStar's $40 billion sale of wireless spectrum to AT&T and SpaceX. This sale is seen as a strategic move to enhance the communication capabilities of both companies. The agreement is expected to improve wireless communication services in the United States.
On May 18, Parabilis Medicines announced a collaboration with Regeneron to develop therapies using the Helicon peptide platform. The agreement includes a $50 million upfront payment and a $75 million equity commitment from Regeneron. Potential milestone payments could reach up to $2.2 billion plus tiered royalties.
Ryanair's profits surged by 40% to €2.3 billion for the fiscal year ending in March. The company has hedged 80% of its summer fuel needs and does not anticipate any cancellations. However, the CFO warned that weaker European carriers may not survive the fuel crunch. Meanwhile, Berkshire Hathaway made a $2.6 billion investment in Delta, and a lawyer for Spirit Airlines apologized to Americans priced out of air travel after the budget carrier's sudden shutdown.
On May 17, Hims & Hers Health raised its 2026 revenue guidance to $3 billion, exceeding market expectations. The company maintains a long-term target of at least 20% EBITDA margins by 2030. However, it faces short-term margin pressures from branded GLP-1 drugs and international scaling.
On May 17, Juniper Capital Advisors completed a transformative investment and asset acquisition in PEDEVCO. Following this investment, PEDEVCO's production surged from 1,000 BOED to over 6,000 BOED. The company received a critical cash injection, shifting its strategy towards growth and bolt-on acquisitions.
On May 16, the S&P 500 reached all-time highs driven by CY26 EPS growth estimates and Fed balance sheet liquidity. However, hot CPI/PPI prints and rising energy prices triggered a sharp increase in long-term bond yields.
DHT Holdings reported Q1 2026 revenue of $186.48 million and net income of $164.53 million. Earnings per share (EPS) reached $1.02, driven by a robust spot market and fleet renewal. Management expressed caution regarding further fleet expansion, prioritizing earnings strength instead.
On May 16, Glucotrack received a Nasdaq delisting notice for failing to maintain a minimum bid price of $1.00 and the $2.5 million stockholders' equity requirement. The company intends to request a hearing by May 18, 2026, which would temporarily stay the delisting process.
