The stock was up more than 20% in premarket trading.
Source: Sherwood News.
Category: Business
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Blue Owl jumps after posting better than expected Q1 fee-related earnings
The asset manager that’s the barometer of private credit angst just released quarterly results.
Source: Sherwood News.
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A tale of two capex increases: Why investors are responding to Google and Meta so differently
Two big tech companies posted stellar earnings and upped their capex forecasts. One stock is up, one is down.
Source: Sherwood News.
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US national average gas price has jumped to $4.30, according to AAA, the highest level since July 2022
Meanwhile, gas prices in California just topped $6 a gallon.
Source: Sherwood News.
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Lilly beats Q1 estimates and raises full-year guidance
The company reported earnings results before the bell on Thursday.
Source: Sherwood News.
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Brent crude futures break through $126 per barrel as fears of a prolonged supply crunch intensify
Axios reported late on Wednesday that the CENTCOM will brief a plan for a “short and powerful” wave of strikes on Iran, in hopes to move the negotiation forward.
Source: Sherwood News.
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Analyst: US could see $5 gas by Memorial Day, $6 per gallon on the table
Gas could hit $5 per gallon by Memorial Day, $6 by later in the summer: ‘Nothing’s impossible at this point’
Source: Sherwood News.
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US on par for $4.50 per gallon in the next week or two: Gas Buddy
With retailers in the Midwest getting “absolutely obliterated,” Patrick De Haan said to expect the jump in price within the next 12 hours.
Source: Sherwood News.
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Qualcomm spikes despite poor forecast, citing progress with “leading hyperscaler” and an imminent return to growth in China
Qualcomm, a chip company seemingly left behind in AI, is trying to lean in more to the boom.
Source: Sherwood News.
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Ford raises its full-year guidance, receives $1.3 billion tariff refund
Ford reported its first-quarter earnings after the bell on Wednesday.
Source: Sherwood News.
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Microsoft beats on revenue and earnings in Q3, but only meets expectations for cloud growth
Microsoft released its third-quarter earnings on Wednesday.
Source: Sherwood News.
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Carvana reports better-than-expected Q1 sales, gross profit per vehicle
Carvana reported its first-quarter earnings after markets closed on Wednesday.
Source: Sherwood News.