Track the evolution of major financial and economic events
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.
POET shares fell 22.36% to $15.97 following a $400 million registered direct offering and weaker-than-expected Q1 earnings. Claritev Corporation led market losses with a 40.90% drop, bringing the CTEV stock price to $13.87. RXT stock decreased by 20.16% to $5.82 despite the company confirming its financial outlook for the year. On May 19, Rackspace Technology was listed among the 8 best rising tech stocks according to hedge funds.
On May 15, Sherritt International Corporation announced the suspension of its direct participation in joint venture activities in Cuba. This decision follows a U.S. executive order issued on May 1, 2026, which expanded sanctions against Cuba.
Cerebras Systems stock surged 68% on its first trading day, closing at $311.07. The stock opened at $185.00 on May 14, 2026, reflecting significant investor interest amid the AI mania.
On May 15, Stellantis signed a $1.17 billion deal with Chinese state-owned Dongfeng. The agreement aims to expand the production of Peugeot and Jeep vehicles in China, reflecting Stellantis' commitment to strengthening its presence in the Chinese market.
Goldman Sachs BDC reported a 50% year-over-year drop in net investment income, triggering a post-earnings sell-off. The non-accrual ratio surged to 3.2%, with eleven portfolio companies now non-performing. Additionally, dividend coverage fell sharply to 62.9%, making a dividend cut in 2026 highly likely.
