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Epam Systems Q1 revenue slightly beats estimates, adjusted EPS up 19%
OverviewDigital transformation services firm's Q1 revenue rose 7.6%, slightly beating analyst expectationsAdjusted EPS for Q1 increased 18.7%, beating analyst expectationsCompany spent $324 mln on share repurchases, including $300 mln accelerated buybackOutlookEPAM expects Q2 revenue between $1....Reuters
Thu, May 7
Ares Commercial Real Estate Q1 net loss widens
OverviewUS commercial real estate lender's Q1 net income missed analyst expectations, posting a lossQ1 pretax profit also missed analyst expectationsCompany closed $294 mln in new loan commitments during the quarterOutlookCompany declared Q2 2026 dividend of $0.15 per share, payable July 15, 202...Reuters
Thu, May 7
GigaCloud Technology Q1 revenue rises 32%, beats estimates
OverviewGlobal B2B platform's Q1 revenue grew 32% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsCompany attributes growth to Europe expansion and Noble House acquisition amid U.S. headwindsOutlookGigaCloud expects Q2 2026 revenue between $365 mln and $390 mln...Reuters
Thu, May 7
Enovis Q1 sales rise 5%, beat expectations
OverviewU.S. medical technology firm's Q1 sales rose 5%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsGrowth driven by new product launches, partly offset by fewer selling daysOutlookEnovis reaffirms 2026 revenue guidance of $2.31-2.37 bln, with 4-6% organic growthCom...Reuters
Thu, May 7
Celsius Holdings Q1 revenue jumps on acquisitions, beats estimates
OverviewUS energy drink maker's Q1 revenue rose 138% yr/yr, beating analyst expectationsAdjusted diluted EPS for Q1 grew 128% yr/yrCompany repurchased $24.1 mln of shares in Q1OutlookCompany says it is entering 2026 with positive momentum and scaleCelsius expects ongoing integration of Alani Nu ...Reuters
Thu, May 7
A small town in Germany braces for end to decades of life with US troops
Locals fear economic and cultural impact of troop withdrawalBusinesses worry about job losses and declining livelihoodsSome residents criticize reliance on U.S. base for employment U.S. personnel and families outnumber Vilseck's inhabitantsBy Lisi Niesner VILSECK, Germany, May 6 (Reuters) - T...Reuters
Thu, May 7
Carlyle posts 28% drop in quarterly profit; inflows aided by secondaries businesses
May 7 (Reuters) - Global investment firm Carlyle CG.O posted a 28.2% drop in first-quarter profit on Thursday, although inflows of fresh capital continued, driven by its secondaries businesses.Distributable earnings, or profits that can be returned to shareholders, came in at $327 million, or 89 cen...Reuters
Thu, May 7
Singapore Airlines' budget arm Scoot orders 11 Airbus A320neo family jets
May 7 (Reuters) - Singapore Airlines' SIAL.SI low-cost arm, Scoot, has ordered five Airbus AIR.PA A320neo family aircraft and exercised options for six more, it said on Thursday, as the carrier looks to expand capacity and add new routes.The new narrowbody aircraft, to be delivered progressively...Reuters
Thu, May 7
Tensions over pro-Israel lobbying group highlight rifts in Democratic primaries
Democratic challengers campaign on AIPAC oppositionIsrael policy and lobbying divide DemocratsRifts in party deepen ahead of November's electionUnclear how much Republicans can capitalizeBy Tim ReidWASHINGTON, May 7 (Reuters) - A growing number of Democratic primary challengers are making opposi...Reuters
Thu, May 7
Study shows how a potato-based diet changed the genetics of Andean people
Potato domesticated in the Andes 6,000-10,000 years agoGenetic adaptations related to starch digestion followedIndigenous Peruvians have 10 copies of key gene AMY1 By Will Dunham May 7 (Reuters) - Indigenous people in the Andes domesticated the potato - a great source of starch, vitamins, mineral...Reuters
Thu, May 7
COLUMN-A TikTok, a dating-app ad, and a teenager's lawsuit over her rights to her identity
By Jenna Greene May 7 (Reuters) - On the day she graduated from high school last year, Kaelyn Lunglhofer donned a bright orange crop top — the signature color of the University of Tennessee, where she was headed in the fall — and recorded a 10‑second TikTok video lip‑syncing to a country music so...Reuters
Thu, May 7
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
May 7 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of n...Reuters
Thu, May 7
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
May 7 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of n...Reuters
Thu, May 7
Wall Street bonuses seen flat to slightly positive in 2026 as Iran war and private credit turmoil hurt
Geopolitical risks and private credit turmoil may limit bonus growth, says Johnson AssociatesInvestment banking, trading, and advisory expected to outperform with up to 10% bonus growthHedge fund and asset manager bonuses projected to rise, private credit incentives remain flatBy Saeed AzharNEW YORK...Reuters
Thu, May 7
Mapping the Market: S&P 500 may be gearing up for even more aggressive rally phase
By Terence GabrielMay 7 (Reuters) - The U.S. stock market rally has gone into overdrive, fueled by AI optimism and euphoria over Iran-war peace hopes, which has brought the S&P 500 to the verge of an important set of technical analysis milestones that could signal an even more aggressive--but al...Reuters
Thu, May 7
Marquette National Q1 net loss narrows, net interest income rises 21%
OverviewUS community banking firm's Q1 net loss narrowed slightly from prior yearCompany's Q1 net loss driven by unrealized holding losses on equity securitiesNet interest income rose 21% yr/yr, partially offsetting equity portfolio lossesOutlookCompany did not provide specific guidance or o...Reuters
Thu, May 7
Canada's MDA Space Q1 revenue, adj EBITDA beat estimates on higher volumes
OverviewCanada space technology firm's Q1 revenue rose 32% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 climbed 32% yr/yr, beating analyst expectationsNet income declined 10% yr/yr, mainly due to higher amortization from acquisitionOutlookMDA reaffirms 2026 full-year revenue outlook...Reuters
Thu, May 7
Indian IT firm Mphasis sues Coforge in US court over alleged employee hiring, access to client data
BENGALURU, May 7 (Reuters) - Indian mid-tier software firm Mphasis MBFL.NS has filed a lawsuit against rival Coforge COFO.NS in a U.S. court, claiming that the latter had hired its executives in violation of contract restrictions and gained access to confidential client information.In a filing dated...Reuters
Thu, May 7
Tesla's China-made EV sales jump 36% in April, extending rebound
Tesla's China-made EV sales rose 36% in April year-on-yearSixth straight monthly gain signals rebound after tough 2025FSD approval delays, Chinese rival launches may limit recovery momentum BEIJING, May 7 (Reuters) - Tesla TSLA.O's China-made EV sales jumped 36% on the year in April, a si...Reuters
Thu, May 7
Deals of the day-Mergers and acquisitions
May 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: German defence group Rheinmetall has entered the race to buy shipyard German Naval Yards Kiel with a non-binding bid, a move that would deepen its push into naval defe...Reuters
Thu, May 7
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