Individual Stock News
1. OpenAI: Uber (UBER.N) is using OpenAI to power its AI assistant and voice functionality.
2. Goldman Sachs (GS.N) added two members to its management committee and appointed a CEO to drive the implementation of OneGS 3.0.
3. DoorDash (DASH.O): Q1 revenue increased 33% year-over-year to $4.04 billion, below the average analyst estimate of $4.15 billion.
4. McDonald's (MCD.N) reported Q1 2026 revenue of $6.517 billion, compared to $5.96 billion in the same period last year, exceeding market expectations of $6.472 billion; global system sales grew 11% in the first quarter.
5. Shell (SHEL.N) reported adjusted net income of $6.92 billion in the first quarter, with adjusted EBITDA rising to $17.7 billion; the quarterly share buyback target was lowered from $3.5 billion to $3 billion.
6. Coherent (COHR.N): Orders are booked until 2028. Upgrading its 6-inch indium phosphide (IP) capacity is progressing faster than expected, doubling its capacity a quarter ahead of schedule. Its 1.6T optical modules are also accelerating production at an "astonishing pace."
7. Arm (ARM.O): Q4 revenue for fiscal year 2026 is $1.49 billion, compared to $1.241 billion in the same period last year, exceeding market expectations of $1.471 billion. Q1 revenue is projected to be $1.26 billion, exceeding market expectations of $1.25 billion.
8. Sources familiar with the matter revealed that Sony (SONY.N) is finalizing a deal with Blackstone Group to acquire the music copyrights of Justin Bieber, Neil Young, and others for nearly $4 billion. If the deal goes through, it will be one of the largest music copyright acquisitions in history.
