Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) delivered a strong start to 2026, according to Jefferies, which highlighted a first quarter “fundamental beat” driven by better-than-expected production and lower costs, alongside a transition to a net cash position.
Jefferies said adjusted earnings of $1.53 per share exceeded both its $1.27 estimate and the consensus of $1.43, supported by materially lower operating costs and depreciation than expected.
Royal Caribbean Cruises Ltd (NYSE:RCL) reported stronger-than-expected first quarter results and raised its full-year profit guidance, sending shares up about 7.5% on Thursday.
The cruise operator now expects adjusted earnings per share for 2026 in the range of $17.10 to $17.50, up from prior guidance, citing higher fuel costs and geopolitical impacts on certain itineraries, partly offset by lower non-fuel costs and share repurchases.
Hertz Global (NYSE:HTZ) shares jumped 22% to a three-month high on Thursday after the company unveiled a new fleet management subsidiary called Oro Mobility and named Uber Technologies as its first major partner in a push into autonomous robotaxi and driver-led rideshare operations.
The two companies have formed a pair of strategic fleet partnerships designed to advance Uber's autonomous robotaxi operations as well as its driver-led rideshare services.
Stellantis NV (NYSE:STLA, EPA:STLA)’ US-listed shares fell about 5% on Thursday morning after the automaker reported first quarter 2026 results that missed free cash flow expectations, overshadowing stronger-than-expected revenue and profit.
The company posted negative industrial free cash flow of €1.9 billion, an improvement of 37% from a year earlier but worse than analyst expectations for a €1.2 billion outflow. The miss weighed on investor sentiment despite better-than-expected profitability.
Eli Lilly and Co (NYSE:LLY) reported stronger-than-expected first-quarter 2026 results driven by surging demand for its diabetes and obesity treatments Mounjaro and Zepbound, sending shares about 8% higher following the release.
Adjusted earnings per share came in at $8.55, well above analyst estimates of $6.66 to $6.97.
Carvana Co. (NYSE:CVNA) reported first quarter financial results that topped Wall Street expectations on both revenue and earnings, supported by strong growth in retail vehicle sales and record profitability.
The company posted earnings per share of $1.69, ahead of analyst estimates of $1.52.
Shares of Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) rose 12.6% on Thursday morning after the San Diego-based chipmaker reported second-quarter fiscal 2026 results that edged past analyst expectations, as surging automotive revenue and a broadening artificial intelligence strategy offset weakness in its handset business and a cautious near-term outlook.
The San Diego-based chipmaker posted revenue of $10.6 billion against an estimate of $10.56 billion, while adjusted earnings per share came in at $2.65, ahead of the $2.55 consensus.
Ford Motor Company (NYSE:F) reported first quarter results that topped Wall Street expectations on both revenue and earnings, but shares moved more than 3% lower in early Thursday trading as investors focused on one-time benefits and ongoing losses in its electric vehicle unit.
The automaker posted revenue of $43.3 billion, up 6% year over year and ahead of estimates.
374Water Inc (NASDAQ:SCWO, FRA:8LL) has released US government-backed test results demonstrating the performance of its AirSCWO technology in destroying PFAS, a group of persistent environmental contaminants.
The results stem from the company’s participation in a project led by the Defense Innovation Unit (DIU) and the Environmental Security Technology Certification Program (ESTCP), with independent evaluation and presentation by Arcadis.
Shares in Built Cybernetics PLC (LSE:BUC) fell sharply after it announced it had raised around £570,000 before expenses to fund its smart buildings strategy, including software development, M&A costs and working capital.
The AIM-listed smart buildings group placed and subscribed for 37,999,994 new ordinary shares at 1.5p each, with the fundraising being conducted in two tranches. It also plans to raise up to a further £100,000 through a retail offer to existing shareholders via the Winterflood Retail Access Platform.
Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) shares rose 0.9% and 0.5% after crude oil prices surged to their highest levels since the US and Israel opened war on Iran.
Brent crude front-month futures soared from $110 on Wednesday to above $126 a barrel in the early hours of Thursday, before easing slightly to $122.