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HIMS Slumps 11% After Q1 Earnings, Revenue Disappoint

Hims & Hers Health reports Q1 GAAP EPS of -$0.40 and $608.1M revenue, missing estimates and year-ago figures. Hims & Hers Health (HIMS) dropped approximately 11% in after-hours trading following weaker-than-expected Q1 results. The company posted a GAAP EPS loss of $0.40,

  • mohammad501ps@gmail.com
  • May 11, 2026
  • stocks

HSBC Lifts S&P 500 2026 Target to 7,650 on Stronger Earnings Outlook

The bank raised its year-end 2026 index forecast by 150 points to 7,650, citing an 8% upgrade to EPS estimates. HSBC increased its year-end 2026 S&P 500 target to 7,650 from 7,500, reflecting an 8% upgrade to earnings per share growth forecasts. The bank now projects EPS g

  • mohammad501ps@gmail.com
  • May 11, 2026
  • stocks

Evolv Technologies Sets Q1 2026 Earnings Release for May 12

EVLV to report Q1 results with consensus EPS of -$0.02 and revenue growth of 36.6% year-over-year. Evolv Technologies (EVLV) will announce its Q1 2026 earnings on May 12 after market close. Analysts expect a loss of $0.02 per share, unchanged from the same period last year

  • mohammad501ps@gmail.com
  • May 11, 2026
  • stocks

KORE Posts $28.5M Q1 Net Loss as Revenue Slides 8.8% Y/Y

KORE Group Holdings reported a wider first-quarter net loss driven by higher transaction costs and warrant liability changes. KORE Group Holdings recorded a Q1 net loss of $28.5 million, widening by $13.5 million or 91% year-over-year. The company attributed the loss to tr

  • mohammad501ps@gmail.com
  • May 11, 2026
  • stocks

Byron Allen Takes Control of BuzzFeed in $120M Stake Deal

Allen Family Digital acquires 40 million shares at $3.00 each, securing majority ownership and leadership roles. Media entrepreneur Byron Allen’s family office will acquire a majority stake in BuzzFeed (BZFD) for $120 million, positioning Allen as chairman and CEO. The dea

  • mohammad501ps@gmail.com
  • May 11, 2026
  • forex

Yuan Hits 20-Month High Against USD Ahead of US-China Summit

USD/CNY falls below 6.80 as China’s trade surplus surges to $84.82bn in April, bolstering the currency. The Chinese yuan strengthened to its highest level since February 2023, trading below 6.80 against the USD ahead of this week’s US-China summit. Analysts cite safe-haven

  • mohammad501ps@gmail.com
  • May 11, 2026
  • stocks

Exchange Income Q1 Revenue Surges 30% to $867M, Tops Estimates by $269M

The company reported Q1 non-GAAP EPS of $0.61 and raised its 2026 Adjusted EBITDA guidance to $825M-$875M. Exchange Income posted Q1 non-GAAP earnings per share of $0.61 as revenue climbed 29.7% year-over-year to $867 million, exceeding estimates by $269.03 million. <p

  • mohammad501ps@gmail.com
  • May 11, 2026
  • crypto

Circle Unveils AI Agent Tools With $222M Token Sale

Circle launches Agent Stack with $222M token sale Circle has introduced Agent Stack, a suite of tools enabling AI agents to hold funds and make payments using USDC stablecoins. The key products include agent wallets, a marketplace, and a nanopayments protocol capable

  • mohammad501ps@gmail.com
  • May 11, 2026
  • oil

US Loans 53.3 Million Barrels From Strategic Petroleum Reserve to Cool Prices

The Department of Energy releases 53.3 million barrels to nine firms as part of a 400 million-barrel IEA effort to stabilize oil markets. The US Department of Energy will loan 53.3 million barrels of crude oil from the Strategic Petroleum Reserve to nine energy companies,

  • mohammad501ps@gmail.com
  • May 11, 2026
  • politics

US Stocks Marginally Higher Amid Iran Tensions

US stocks close higher as Iran tensions simmer The US carried out covert strikes on Iran, escalating Gulf war tensions. US stocks closed marginally higher despite the rising tensions. The USD is higher to start the new trading week, with bias higher for major pairs

  • mohammad501ps@gmail.com
  • May 11, 2026
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