Lead Hits 5-week Low
Lead decreased to 1874.00 USD/T, the lowest since August 2026. Over the past 4 weeks, Lead lost 0.88%, and in the last 12 months, it decreased 6.43%.
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Lead decreased to 1874.00 USD/T, the lowest since August 2026. Over the past 4 weeks, Lead lost 0.88%, and in the last 12 months, it decreased 6.43%.
Oracle reported record first-quarter revenue of $19.3 billion, up 30% year over year, with cloud infrastructure revenue up 121% to $7.4 billion. The company also completed a $20 billion equity issuance and guided Q2 revenue growth of 30% to 34%.
Jersey Mike's reported Q2 2026 same-store sales growth of 2.3%, with system-wide sales at $1.21 billion, up 10% year over year, and opened 83 new stores.
Schwab US Dividend ETF has overtaken Vanguard Dividend Appreciation to become the biggest dividend fund, with more than $20 billion of inflows this year and assets at $113 billion.
UiPath reported second-quarter ARR up 12% to $1.938 billion and revenue up 13% to $410 million, with a fourth consecutive quarter of GAAP profitability and non-GAAP operating margin expanding to 22%.
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Former hedge fund manager Whitney Tilson said Nvidia shares could double in the next year or two if projected revenue materializes, but he also flagged the risk of an AI bubble burst and rising supply commitments.
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.
BILL Holdings (NYSE: BILL) reports fourth-quarter 2026 results after the close, with analysts expecting 62 cents EPS on $430.36 million of revenue and options implying a 14.34% move, about $699 million of market value.
Fabrinet (NYSE: FN) reports fourth-quarter fiscal 2026 revenue of $1.3158 billion and fiscal 2026 revenue of $4.64 billion, then guides first-quarter fiscal 2027 revenue to $1.375 billion-$1.425 billion.
Enovix (ENVX) shares fall after CEO Raj Talluri steps down and the board appoints Chairman T.J. Rodgers as Executive Chairman and CFO Ryan Benton as Interim CEO, while reaffirming third-quarter 2026 guidance and stating operational timelines remain unchanged.
Bloom Energy Corp. shares trade higher in Friday premarket as traders lean into the AI data center power-demand theme and a CoreWeave expansion read-through.
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