Snap Surges On Surprise Profits 📱IBRX EXPO 📈 KNSL SAIA 📉

FlowBank's hand-curated fresh financial news [header_noDither] Snap Surges on Strong Q1 Results Snap Inc. experienced a significant stock surge, rising 28% after unexpectedly posting a profit and surpassing analysts' revenue and user growth predictions for Q1. The company reported a 21% increase in revenue to $1.19 billion, with adjusted EBITDA turning positive due to tight operating expense control and robust advertising revenue. Daily active users reached 422 million, outpacing expectations. Despite the stock's year-to-date decline, Snap’s recent performance marks a strong recovery, with projected Q2 revenue also expected to exceed forecasts. WHAT'S MOVING [Group 1742 (80)] [Start Trading](113/cXx8Z04/VX4x8M5Z2RwLW9bhjM45Hxlz_W4FBnYy5dt0gXN5DTzkW2-ZVTW6N1vHY6lZ3krW78S4CY1p3k2RW6fxNxJ5Mkwy7W4Yd6b_2dCYD_W7tzTYg3tgWpbW8p_Vd_2n4pnXN1V2BPJ9t81dW3f3Xrr1JgyGjW1SYsjK96sr1xW4gFNcC78GVwZVJpCt290WhHYW3MPTwS89zYRhW4J0Bkr5PF73qVPLw496n3w56W7JfZpJ5dRPtvW1sFywQ9m1rPzW7X1T775BFnKWW79J3kx8GRcv2W6vbDHd1MTg6QW7f_Mn71_7JqpW3tV29P4HCpzTW910wqD7B-hbrW1ylmLL6_v-b-f5Vtc2C04) [Group 3 (74)-1] Microsoft Microsoft faces AI demand outstripping supply, leading to a 79% increase in capital expenditures to $14 billion to expand data center capacity. [Group 1754 (24)] Oracle Oracle enhances generative AI across its cloud applications, boosting features in finance, HR, and more, aiming to lead in the AI-driven cloud market. [Group 1753 (21)] Tesla Former Tesla SVP Drew Baglino sells 1.14 million shares worth $181.5 million following his resignation and Tesla's workforce reduction. WHAT'S COMING UP? EUR: German CPI (MoM) (Apr): Exp. 0.6% v Prev. 0.4% IN OTHER NEWS Wall Street Last week, Wall Street ended positively after a turbulent period. The S&P 500 rose by 2.7%, marking its best performance since November and halting a three-week decline. The Nasdaq Composite increased by 4.2%, its strongest week since November and its first gain in five weeks. The Dow also grew, closing the week up 0.7%. [Group 1769] Europe European stock markets are anticipated to start Monday on a positive note. The U.K.’s FTSE 100 is projected to open up by 46 points at 8,189, Germany’s DAX is expected to rise by 57 points to 18,221, France’s CAC 40 is set to increase by 34 points to 8,126, and Italy’s FTSE MIB is forecast to gain 110 points, opening at 34,117. Key earnings reports are due from Philips, Vivendi, and BBVA, alongside the release of Germany's latest inflation data for April. MARKET INSIGHTS Dollar Faces A Make Or Break Moment The U.S. dollar is undergoing a consolidation phase following its strongest performance in over a year earlier this month, driven by a rush to safe-haven assets amidst geopolitical tensions in the Middle East. [Read more](113/cXx8Z04/VX4x8M5Z2RwLW9bhjM45Hxlz_W4FBnYy5dt0gXN5DTzkj2-ZVTW5BW0B06lZ3mVW1XbWNg1tFsbtW2NSZCK6FyXq1W7b3V1V2F9271W6KN1b02D4sN8W6YjLKF3VKk1XW16xNz84Xy3DmW5XrHw46BGTpPW6Fcsn518Jh8WW7_nsSt3f3ptpW1R_Vf51KNJ4cW950z995M0nv3W58qCdg9kbkp-W4r6BcG6s3t-tW5RPtW_1FtjMkW6JHDLG4c6W5lW7FRZJf2ZYym3W5fGxYN4kfdlkW3TRb9s2vVGv7f7t6mCn04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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