International Business Machines Corp (NYSE:IBM) reported first-quarter 2026 results that beat Wall Street expectations on both revenue and earnings, driven by strength in software and infrastructure, though shares fell more than 8% in after-hours trading as investors weighed mixed signals in consulting and forward guidance.
The technology and consulting company posted revenue of $15.92 billion, above analyst estimates of $15.61 billion, and up 9% year over year.
Tesla Inc (NASDAQ:TSLA) has delivered an earnings beat for the first quarter, with profit beating Wall Street estimates and revenue growing year-over-year.
The EV-maker reported adjusted earnings per share of $0.41, above the $0.37 expected by analysts.
Intuitive Surgical Inc (NASDAQ:ISRG, XETRA:IUI1) reported stronger-than-expected quarterly results, supported by continued adoption of its robotic-assisted surgical platforms and solid procedural growth across key markets, according to UBS analysts.
Shares of Intuitive traded up 8% following the release of the report.
United Airlines Holdings Inc (NASDAQ:UAL, XETRA:UAL1) has reported higher-than-expected first quarter earnings but cut its full-year profit outlook, citing rising fuel costs linked to geopolitical tensions in the Middle East.
Shares fell more than 6% following the announcement.
Best Buy Co Inc (NYSE:BBY) announced that its board of directors has appointed chief customer, product and fulfillment officer Jason Bonfig as the company’s next CEO, succeeding Corie Barry later this year.
The leadership transition will take effect at the end of the third quarter on October 31, when Barry steps down from her roles as CEO and board member. Bonfig will also join the board at that time.
AT&T Inc (NYSE:T, XETRA:SOBA) added more wireless subscribers than expected in the first quarter, as its strategy of bundling mobile and high-speed internet services continued to attract customers, sending revenue slightly above Wall Street estimates.
The telecommunications giant reported postpaid phone net additions of 294,000 for the quarter, ahead of analyst expectations of about 262,200 additions.
GE Vernova (NYSE:GEV) shares surged more than 13% after it reported stronger-than-expected first quarter results driven by robust order growth and improving profitability and raised its full-year guidance.
The company posted revenue of $9.34 billion for the quarter, slightly ahead of analyst expectations of about $9.3 billion.
Boeing Co (NYSE:BA, XETRA:BCO) reported stronger-than-expected first quarter results on Wednesday, with revenue and earnings surpassing analyst forecasts, supported by higher commercial aircraft deliveries and improving operational performance.
Revenue for the quarter came in at $22.2 billion, up 14% year over year and above the consensus estimate of $21.79 billion.
HIVE Digital Technologies Ltd (TSX-V:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced that it has completed a private offering of $115 million in aggregate principal amount of 0% exchangeable senior notes due in 2031.
The offering was conducted through its wholly owned subsidiary, HIVE Bermuda 2026, and included the full exercise of an option by initial purchasers to acquire an additional $15 million in notes.