AI Stock Market News Today

Woodside Energy Group Ltd saw a slight decline in revenue and production for the first quarter of 2026. However, the company successfully increased its total sales volumes during the period.

• Revenue decreased 2% year-over-year to $3.261 billion
• Production fell 8% to 45.2 MMboe

Over 1,000 Uber drivers in Victoria have ratified a landmark agreement with UFCW 1518. The contract establishes the first unionized framework for gig workers in Canada, introducing structured pay and benefits.

• First union contract for Canadian app-based drivers
• Covers 1,000+ drivers in Victoria, BC

GSK reported a rise in first-quarter pretax profits and core earnings, supported by steady sales growth. The company has maintained its full-year guidance for turnover and operating profit.

• Pretax profit increased to £2.14 billion
• Core EPS grew 9% at constant exchange rates to 46.5 pence

BYD is aggressively expanding its international footprint to offset Chinese market saturation, while Rivian bets on affordability and autonomous driving. Both firms are navigating a crowded landscape marked by regulatory shifts and infrastructure hurdles.

• BYD aims for 50% international sales by 2030 to reduce reliance on China
• Rivian's R2 model launch in Q2 targets the affordable mass-market segment

Silicon Motion Technology Corp. saw a dramatic increase in revenue and net income for the first quarter. The company provided strong guidance for the second quarter, expecting revenue to nearly double.

• Q1 Revenue: $342.11 million
• Q1 Net Income: $66.79 million ($1.97 per ADS)

TotalEnergies SE posted a significant increase in first-quarter profits driven by higher energy prices and robust trading activities. The company also announced an increase in its interim dividend and continued share buybacks.

• Net income climbed 51% to $5.81 billion
• Adjusted EPS rose to $2.45 from $1.83

Danish logistics leader DSV A/S reported a significant jump in first-quarter revenue and net income. The company has reiterated its full-year EBIT outlook despite geopolitical headwinds.

• Q1 Revenue rose to DKK 70.42 billion
• EBIT grew to DKK 4.86 billion

The maker of Panadol and Advil reported a 2.2% increase in first-quarter sales, missing expectations. The result was driven by lower-than-expected demand for seasonal cold and flu medications.

• Sales growth of 2.2% missed the 2.4% forecast
• Weak demand for OTC cold and flu medicines cited as primary cause

The United Arab Emirates will officially depart from OPEC on May 1 to pursue an aggressive capacity target of 5 million barrels per day. The move coincides with a pivotal Federal Reserve policy meeting and a potential change in leadership.

• UAE exit effective May 1 to hit 5m bpd target by 2027
• Analysts warn of potential OPEC irrelevance if more members exit

Caesars reports a 3% rise in Q1 net revenues to $2.9 billion. The company is now focusing on bringing lease-adjusted leverage below 5x while scaling its digital operations.

• Q1 net revenues reached $2.9 billion, up 3% YoY
• Adjusted EBITDAR rose to $887 million

Mondelez International saw a rise in top-line revenue and net income for the first quarter of 2026. However, adjusted earnings dipped compared to the previous year's performance.

• Q1 Revenue reached $10.080 billion, up 8.2% YoY
• Net earnings grew to $560 million from $402 million

Aston Martin Lagonda continues to struggle with its financial turnaround, reporting a £65.5 million pretax loss for the first quarter. Rising net debt highlights the ongoing challenges facing the luxury automaker.

• Pretax loss recorded at £65.5 million for Q1
• Net debt has swelled to £1.46 billion