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    • Breaking News
    May 20, 2026
    • Target Corp. increased by 0.4% to $127.80 after the retailer reported its financial results for the fiscal first quarter ending in April. 

      Net sales increased 6.7% to $25.4 billion from $23.8 billion, net income decreased 24.6% to $781 million from $1.04 billion, and diluted earnings per share dropped 24.5% to $1.71 from $2.27 a year ago. 

      Comparable traffic increased 4.4%; digital sales rose 8.9%, led by a 27% surge in the same-day delivery business segment. 

      The company hiked its 2026 sales growth estimate to 4% compared to 2025, two percentage points higher than the previous estimated range. 

      The retailer also estimated GAAP and adjusted earnings per share near the high end of the previous guidance range between $7.50 and $8.50. 
      • CAVA Group soared 7.5% to $84.00 after the Mediterranean fast-casual restaurant chain operator revised higher its estimate of adjusted annual earnings. 

        Revenue in the fiscal first quarter ending on April 19 rose 32.2% to $434.4 million from $328.5 million, net income declined to $23.6 million from $25.7 million, and diluted earnings per share eased to 20 cents from 22 cents a year ago. 

        The fast-casual restaurant chain operator hiked its 2026 same-store sales growth range to between 4.5% and 6.5% from between 3% and 5%.

        The company increased its 2026 adjusted operating income range to between $176 million and $184 million from $181 million and $191 million. 
        • May 12, 2026
        • GameStop Corp. declined 4% to $22.15 after eBay Inc. rejected the company's $56 billion merger proposal, citing financing doubts. 

          eBay Inc. decreased 1% to $107.0, following the news.
          • Gitlab Inc. declined 10.3% to $22.92 after the company announced its restructuring plan and reaffirmed its first quarter and full-year 2027 revenue estimates. 

            The software company plans to reduce its country footprint by 30%, from 60, and accelerate its investment in agentic AI and organize into smaller and more focused product development teams to accelerate the release of new products. 

            Chief Executive Officer William Staples reiterated quarterly revenue to range between $253 million and $255 million, confirming the original estimate released on March 3. 
            • Hims & Hers Health declined 14.5% to $24.84 after the telehealth service provider reported its quarterly results. 

              Revenue in the first quarter increased 4% to $608.1 million from $586.0 million, net income swung to a loss of $92.1 million from an income of $49.5 million, and diluted earnings per share swung to a loss of 40 cents from a profit of 20 cents a year ago. 

              For the second quarter, the company estimated revenue between $680 million and $700 million and adjusted operating income between $35 million and $55 million. 

              For the full year, the company guided revenue between $2.8 billion and $3.0 billion and adjusted operating income between $275 million and $300 million.
              • May 7, 2026
              • Whirlpool Corp. plunged 20% to $43.0 after the home appliance maker slashed its full-year earnings per share estimate from $6.0 to between $3.0 and $3.50. 

                The refrigerator and washing machine maker said higher fuel prices are causing "recession-level industry decline." 

                The company also suspended its dividend, and added it plans to focus on paying down its debt. 

                 
                • Arm Holdings PLC dropped 8% to $218.0, and the advanced chip designer said annual revenue growth in its mobile market may be flat or slightly negative.
                  • ARM
                  • McDonald's Corp. edged up 3% to $294.17 after the fast-food company reported first-quarter adjusted earnings per share of $2.83 on revenue of $6.5 billion.
                    • Zillow Group declined 6% to $41.85 after the real estate platform operator's revenue in its latest quarter fell short of market expectations.
                      • May 6, 2026
                      • Advanced Micro Devices soared 21% to $429.58 after the chip and server company reported better-than-expected first-quarter results. 

                        The sustained growth in demand from data centers supported the increase in outlook beyond the market expectations. 

                        Revenue jumped 38% to $10.3 billion from $7.4 billion, net income advanced 95% to $1.4 billion from $709 million, and diluted earnings per share soared 91% to 84 cents from 44 cents a year ago.

                        Data center revenue soared 57% from a year ago to $5.8 billion, driven by strong demand for the company's CPU and GPU processors. 

                        Client and gaming segment revenue rose 23% to $3.6 billion, and embedded segment revenue increased 6% to $873 million. 

                        For the second quarter, the company estimated revenue of $11.2 billion, with a band of $300 million, an annual increase of 46% from the midpoint of the range, and a sequential increase of 9%. 

                        The company guided an adjusted gross margin of 56%.

                        In the year so far, AMD has surged 65% and, over the last 52 weeks of trading, advanced 260%.