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Inspire Medical Q1 revenue beats estimates
OverviewU.S. sleep apnea device maker's Q1 revenue rose 1.6%, beating analyst expectationsAdjusted diluted EPS for Q1 was $0.10; GAAP diluted EPS was a loss of $0.39Company cites reimbursement disruption and WISeR program as factors limiting revenue growthOutlookInspire Medical Systems sees 2026...Reuters
Mon, May 4
Sonos Q2 revenue rises
OverviewUS audio equipment maker's fiscal Q2 revenue grew 8% yr/yr, returning to growthAdjusted EBITDA for fiscal Q2 turned positive after four years of lossesCompany repurchased 2.5 mln shares, returning $40 mln to shareholdersOutlookCompany will provide guidance during its Q2 earnings callResu...Reuters
Mon, May 4
OSI Systems slightly beats Q3 revenue estimates, maintains FY revenue forecast
OverviewUS electronic systems maker's fiscal Q3 revenue rose 2%, slightly beating analyst expectationsRecord non-GAAP EPS of $2.60, up 7% yr/yr; GAAP EPS fell 3% to $2.33Company posted record Q3 backlog of $1.9 blnOutlookOSI Systems reiterates fiscal 2026 revenue guidance of $1.825 bln to $1.867...Reuters
Mon, May 4
Pinterest forecasts upbeat quarterly revenue on resilient advertiser spending
May 4 (Reuters) - Pinterest PINS.N forecast second-quarter revenue above analysts' estimates on Monday, helped by steady spending from advertisers as the image-sharing platform sharpens its ad offerings with deeper artificial intelligence integration. The company has been stepping up investments...Reuters
Mon, May 4
Palantir tops first-quarter revenue estimates on strong US government demand
May 4 (Reuters) - Palantir Technologies PLTR.O beat Wall Street estimates for first-quarter revenue on Monday, driven by rising demand for its data analytics software from the U.S. government and commercial clients.The company reported revenue of $1.63 billion for the quarter ended March 31, beating...Reuters
Mon, May 4
Paramount Skydance Expects Q2 Revenue Of $6.75 Billion To $6.95 Billion
May 5 (Reuters) - Paramount Skydance Corp PSKY.O:PARAMOUNT SKYDANCE CORP OUTLOOK FY REVENUE $30 BILLION VERSUS IBES ESTIMATE $29.91 BILLIONPARAMOUNT SKYDANCE CORP Q1 ADJUSTED EPS $0.23 VERSUS. IBES ESTIMATE $0.15PARAMOUNT SKYDANCE CORP OUTLOOK Q2 REVENUE $6.75 BILLION TO $6.95 BILLION VERSUS IBES ES...Reuters
Mon, May 4
Vertex tops profit estimates as sales of new cystic fibrosis drug surge
May 4 (Reuters) - Vertex Pharmaceuticals VRTX.O on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment.Cystic fibrosis (CF) is a rare and progressive genetic disorder caused by the absence of a protein r...Reuters
Mon, May 4
Duolingo's growth outlook moderates as it prioritizes engagement over monetization
By Akash SriramMay 4 (Reuters) - Duolingo DUOL.O posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term monetization.At the heart of Duolingo's strategy is a delibe...Reuters
Mon, May 4
New Mexico seeks $3.7 billion, changes to Meta platforms in youth harm trial
Judge to decide if Meta created public nuisance under New Mexico lawAttorney General Raúl Torrez seeks billions in damages and major platform changesMeta argues safety measures exist, disputes link to youth mental health issuesBy Diana Novak Jones May 4 (Reuters) - The U.S. state of New Mexico on...Reuters
Mon, May 4
Judge 'disturbed' over treatment of Trump gala shooting suspect
Suspect placed on suicide watch, denied Bible, lawyers sayJudge compares man's treatment to Capitol riot defendantsCole Allen charged with attempted assassination of TrumpBy Andrew Goudsward WASHINGTON, May 4 (Reuters) - A U.S. judge on Monday apologized to the man accused of attempting to as...Reuters
Mon, May 4
Massachusetts top court mulls disciplining judge in ICE arrest evasion case
By Nate Raymond BOSTON, May 4 (Reuters) - Massachusetts' highest court on Monday grappled with whether to publicly reprimand a judge who was criminally charged during the first Trump administration with helping a migrant avoid arrest by an immigration agent at her courthouse.A lawyer for the ...Reuters
Mon, May 4
White house considers vetting AI Models before they are released, NYT reports
May 4 (Reuters) - U.S. President Donald Trump is considering the introduction of government oversight over new models of artificial intelligence, the New York Times reported on Monday, citing officials briefed on the deliberations. The U.S. government is discussing an executive order to create an A....Reuters
Mon, May 4
US Justice Dept sues to block Minnesota's climate change lawsuit
By Nate Raymond May 4 (Reuters) - The U.S. Justice Department filed a lawsuit on Monday to block Minnesota from moving forward with a long-running lawsuit seeking to hold Exxon Mobil XOM.N and other oil industry participants responsible for harms caused by climate change.The lawsuit marked the la...Reuters
Mon, May 4
European Commission is in contact with Anthropic on Mythos, Dombrovskis says
BRUSSELS, May 4 (Reuters) - The European Commission is in contact with Anthropic regarding Mythos and is assessing its possible implications, European Economic Commissioner Valdis Dombrovskis told reporters on Monday."The commission representatives met with Anthropic and was briefed on technica...Reuters
Mon, May 4
PGIM Head Of Credit John Vibert Says Lot Of The Geopolitical Risk Is Not Yet Priced In - Milken Conference
May 4 (Reuters) - MUBADALA CAPITAL CHIEF INVESTMENT OFFICER OSCAR FAHLGREN SAYS UNDOUBTEDLY STANDING JUST IN FRONT OF THE WORST ENERGY CRISIS WE HAVE SEEN IN LIVING MEMORY - MILKEN CONFERENCEPGIM HEAD OF CREDIT JOHN VIBERT: LOT OF THE GEOPOLITICAL RISK IS NOT YET PRICED INReuters
Mon, May 4
Democrats eye New York redistricting after Supreme Court decision
Supreme Court ruling expected to spur partisan gerrymandering nationwideRepublican-led states plan favorable maps; Democrats consider similar moves in New YorkNew York redistricting would require voter and legislature approvalBy Nolan D. McCaskill WASHINGTON, May 4 (Reuters) - The top Democrat in...Reuters
Mon, May 4
Reuters wins beat reporting Pulitzer for Meta investigations
By Joseph AxNEW YORK, May 4 (Reuters) - Reuters won the Pulitzer Prize for beat reporting on Monday for a series of stories revealing how social-media behemoth Meta META.O knowingly exposed users, including children, to harmful artificial intelligence chatbots and made billions of dollars from fraud...Reuters
Mon, May 4
US Treasury to borrow $189 bln in Q2, higher than expected
NEW YORK, May 4 (Reuters) - The U.S. Treasury said on Monday it expects to borrow $189 billion in the second quarter, $79 billion higher than the February estimate primarily due to lower than projected net cash flows that were partially offset by higher than expected cash balance at the beginning of...Reuters
Mon, May 4
Ukraine's Zelenskiy announces ceasefire to go into effect on night of May 5-6
May 4 (Reuters) - President Volodymyr Zelenskiy said on Monday that Ukraine would observe a ceasefire beginning at midnight on the night of Tuesday, May 5.Zelenskiy, writing on Telegram, said Russia had not responded to Kyiv's calls for a ceasefire and was proceeding because it believed that ...Reuters
Mon, May 4
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