Earnings

Saudi Aramco has reported a 26% year-over-year jump in first-quarter 2026 profits, far exceeding market expectations amid the escalating Middle East conflict. AP News reports that the key driver of Aramco’s profit surge is its successful pivot from the Strait of Hormuz to the East-West Pipeline. The pipeline has been ramped up to full capacity, enabling Saudi Arabia to continue exporting crude to global markets despite the strait closure. CNBC notes that Aramco’s CEO emphasized the company’s ability to navigate the current geopolitical situation and the effectiveness of its diversified export strategy. The performance underscores Saudi Arabia’s pivotal position in the global energy market. ...

Shell Q1 Profits Rise as Iran Conflict Lifts Oil Prices British energy giant Shell reported first-quarter profits of $6.92 billion, driven by higher oil prices amid the ongoing Iran conflict, BBC reported. The Middle East geopolitical tensions have pushed crude prices higher, directly benefiting Shell’s upstream production business. Analysts note that while the war-driven oil price surge boosts short-term profits for energy companies, prolonged conflict could also disrupt global supply chains and increase market uncertainty. ...

[Brief] Warner Bros Discovery Reports 2.9 Billion Dollar Q1 Loss on M&A Charges According to Deadline, Warner Bros. Discovery (WBD) reported a first-quarter loss of $2.9 billion, primarily driven by M&A-related charges including a termination fee Paramount paid to Netflix. The loss reflects one-time financial impacts from media industry consolidation rather than ongoing core business deterioration. Source: Deadline

Disney Revenue Beats Expectations, New CEO Charts Growth Path Walt Disney Co. reported quarterly earnings on Tuesday that exceeded Wall Street expectations, with both revenue and profit beating analyst estimates. The new CEO outlined a comprehensive growth strategy during the earnings call, focusing on streaming profitability and global theme park expansion. The streaming division Disney+ showed strong subscriber growth and achieved its first full-year profitability target, marking a significant milestone in the company’s digital content transformation. Theme park and experiences business also maintained steady growth despite macroeconomic uncertainties. ...

AMD stock surged following strong quarterly earnings results, driven by data center and AI accelerator demand.

AMD posts record Q1 2026 revenue as AI accelerator demand surges, continuing to challenge Nvidia’s dominance in the data center AI chip market.

Strategy reports massive $12.54B quarterly loss driven by declining bitcoin prices, as accounting rules force fair-value markdowns on its 400,000+ BTC holdings.

Palantir reports Q1 2026 earnings with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut. U.S. government business surges while commercial sales underperform. Executives criticize ‘AI slop’ during earnings call.

Europe largest bank HSBC reports Q1 pre-tax profit of $9.4 billion, slightly missing analyst estimates, with higher expected credit losses being the main drag.

Palantir’s Q1 earnings beat expectations with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut, fueled by government and enterprise AI demand.