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The Markets
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Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Market movers: Walmart, Ralph Lauren, Intuit, Deere…

Workday Inc (NASDAQ:WDAY) is set to report first quarter results after Thursday’s closing bell as investors weigh slowing growth trends, questions around its artificial intelligence strategy, and whether the company can sustain its long-term margin and revenue targets following recent leadership changes, analysts at Jefferies have highlighted.

The software company, which has seen its shares fall roughly 16% since Aneel Bhusri returned as chief executive, is expected to post in-line results for the fiscal first quarter, according to the analysts.

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Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) shares slipped roughly 2% following its fiscal first-quarter earnings, but four Wall Street analysts weren't fazed, raising price targets across the board after the chipmaker posted record revenue and issued guidance that topped already elevated expectations.

The company reported fiscal first-quarter revenue of $81.6 billion, beating Wall Street estimates by approximately $3 billion, while data center revenue of $75 billion came in around $2 billion ahead of expectations.

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Critical Metals Corp (NASDAQ:CRML) shares moved higher after the company announced a long-term offtake agreement tied to its flagship rare earth project in Greenland.

The company said it has entered into a definitive 15-year binding offtake agreement with REalloys (NASDAQ: ALOY) for rare earth element concentrate from its Tanbreez Project in southern Greenland. The agreement includes two optional five-year extensions and builds on a prior letter of intent signed in October 2025.

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Williams Sonoma Inc (NYSE:WSM) posted first-quarter 2026 revenue of $1.81 billion, up 4.4% year over year and slightly ahead of analyst estimates of $1.80 billion, as comparable sales growth across all four major brands signaled broad demand for premium home furnishings.

Net income was $231.4 million, flat compared to the prior-year period, while operating margin came in at 16.2%, down 60 basis points year over year due to higher selling, general and administrative costs.

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Ralph Lauren Corp (NYSE:RL) shares surged nearly 12% on Thursday after the high-end apparel maker reported fourth-quarter fiscal 2026 revenue and profit that topped analyst expectations, signaling resilient consumer appetite for premium fashion amid ongoing tariff uncertainty.

The company posted revenue of $1.98 billion, ahead of analyst estimates of roughly $1.85 billion, while adjusted earnings per share came in at $2.80, beating the consensus forecast of approximately $2.55.

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Deere & Company (NYSE:DE, XETRA:DCO) reported quarterly results that came in ahead of Wall Street expectations for both sales and profit, even as weakness in agricultural equipment demand continued to weigh on its core farm machinery business.

For the fiscal second quarter ended May 3, the company posted earnings per share of $6.55, slightly below $6.64 in the same period a year earlier but above analyst expectations of $5.70.

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Walmart Inc (NYSE:WMT, XETRA:WMT) shares fell nearly 7% after the grocery chain reported its first quarter earnings, as investors weighed solid revenue growth against softer-than-expected forward guidance.

For the quarter, Walmart reported revenue of $177.75 billion, compared with analyst expectations of $174.95 billion, representing a 7.3% increase from a year earlier.

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Shares in International Business Machines Corp (NYSE:IBM) jumped 6.4% on Thursday, helping pull the Dow Jones out of early losses after the White House agreed to support a new quantum chip manufacturing venture with $1 billion of funding.

The Department of Commerce confirmed it had signed a letter of intent to back the creation of Anderon, a standalone company that will build what it described as America’s first “pure-play quantum foundry”. IBM will match the government funding with a further $1 billion cash investment.

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Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF, FRA:3XS0) has reported a profitable first quarter as the company advanced development of its Arizona copper assets, highlighted by a new collaboration with Rio Tinto and Amazon Web Services and continued ramp-up activities at its Johnson Camp Mine.

The company reported revenue of $20.1 million for the three months ended March 31, with gross profit of $11.4 million and net profit of $1.7 million, or $0.004 per share.

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Intuit Inc (NASDAQ:INTU, XETRA:ITU) shares opened about 19% lower on Thursday despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce.

The financial software company reported fiscal third-quarter revenue of $8.56 billion, up 10.4% from a year earlier and slightly ahead of analysts’ estimates of $8.52 billion.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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