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Uber forecasts strong second-quarter bookings despite Middle East woes

Uber forecasts strong second-quarter bookings despite Middle East woes

May 6 (Reuters) - Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth.
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Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance

Palantir Technologies Reports Significant Q1 2026 Revenue Growth, Raises Full-Year Guidance
Reuters Reuters
Trading Day: A peace wish and chips

Trading Day: A peace wish and chips

By Jamie McGeever ORLANDO, Florida, May 6 (Reuters) - Hopes that a U.S.-Iran peace deal might be imminent propelled global stocks to new highs and sent oil prices tumbling on Wednesday, with the U.S. AI frenzy intensifying on strong earnings and reports of mega spending commitments in the sector.
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AMD's Stock Surges Amid Strong Earnings and AI Demand

AMD's Stock Surges Amid Strong Earnings and AI Demand

AMD's Stock Surges Amid Strong Earnings and AI Demand
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V2X Reports Strong Q1 2026 Financial Results, Increases Full-Year Guidance

V2X Reports Strong Q1 2026 Financial Results, Increases Full-Year Guidance

V2X Reports Strong Q1 2026 Financial Results, Increases Full-Year Guidance
Reuters Reuters
Morning Bid: Stocks surge in Seoul as Samsung surpasses Berkshire

Morning Bid: Stocks surge in Seoul as Samsung surpasses Berkshire

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks were at record highs on Wednesday as some of Asia's biggest markets returned from a holiday in euphoric mood and resumed ramping up AI-related trades.
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DoorDash forecasts quarterly order value above estimates

DoorDash forecasts quarterly order value above estimates

May 6 (Reuters) - DoorDash on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates, helped by resilient demand and the online delivery firm's expansion across grocery, retail and international markets. Shares of the company were up 10% in extended trading. 
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Edgewell Personal Care Exceeds Q2 2026 Expectations, Reaffirms Full-Year Outlook

Edgewell Personal Care Exceeds Q2 2026 Expectations, Reaffirms Full-Year Outlook

Edgewell Personal Care Exceeds Q2 2026 Expectations, Reaffirms Full-Year Outlook
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Lucid Motors Adjusts Production Plans Amid CEO Transition and Cost-Cutting Measures

Lucid Motors Adjusts Production Plans Amid CEO Transition and Cost-Cutting Measures

Lucid Motors Adjusts Production Plans Amid CEO Transition and Cost-Cutting Measures
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Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sank, and stock markets rallied worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again
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DoorDash Reports Mixed Q1 Results Amid Expansion and Tech Investments

DoorDash Reports Mixed Q1 Results Amid Expansion and Tech Investments

DoorDash Reports Mixed Q1 Results Amid Expansion and Tech Investments
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Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges

Palantir to Report Q1 Earnings Amidst AI Market Challenges