Live Watch: Treasury Secretary Bessent testifies before House committee Stuttgart - Delayed Quote • EUR Panamax Aktiengesellschaft (ICP.SG) Follow Add holdings 2.5000 0.0000 (0.00%) As of 3:35:06 PM GMT+2. Market Open. Related News Palantir stock slides after earnings spotlight international weakness, 'irrational' valuation Palantir stock tumbled Tuesday as investors scrutinized the company's high valuation and declining sales to international businesses, even as its first quarter earnings blew past Wall Street's forecasts. Ford stock choppy after automaker pulls guidance citing $1.5B tariff impact Ford reported better-than-expected first quarter results but pulled its full-year guidance as President Trump's auto tariffs could have 'significant impacts' on the bottom line. AMD earnings, Bessent on Capitol Hill, Milken: What to Watch Market Domination Overtime hosts Julie Hyman and Josh Lipton preview several of the top earnings and market stories to come on Tuesday, May 6, including quarterly results from semiconductor maker Advanced Micro Devices (AMD), EV makers Lucid (LCID) and Rivian (RIVN), and Marriott International (MAR); US Treasury Secretary Scott Bessent is to speak before the House Oversight Committee; and continued coverage from the Milken Institute's 2025 Global Conference. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Ford Q1 earnings top estimates, pulls guidance Ford (F) reported first quarter adjusted earnings of $0.14 per share, much better than the ($0.04) loss analysts had been expecting. Revenue was $40.7 billion compared to the $36.75 billion Bloomberg consensus estimate. The company suspended its full-year adjusted EBIT and adjusted free cash flow forecasts, citing tariff uncertainty. Market Domination Overtime Anchors Julie Hyman and Josh Lipton are joined by Senior Autos Reporter Pras Subramanian to discuss the automaker's results. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Buffett succession, Palantir earnings preview, Hims COO pick At Berkshire Hathaway's (BRK-B, BRK-A) annual shareholders meeting over the weekend, chairman and CEO Warren Buffett, 94, announced that he will step down and be succeeded by Berkshire Hathaway Energy Chair Greg Abel at the end of the year. Palantir (PLTR) is set to publish its first quarter earnings after Monday's market close. Hims & Hers Health (HIMS) announced that former Amazon (AMZN) executive Nader Kabbani will be joining the telehealth company as its new COO. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Big tariffs on auto parts are now in effect. Here's how they work. President Trump's tariffs on foreign-made auto parts began on May 3, with automakers receiving some concessions from the administration but still feeling the heat on others. Why Palantir Stock Is Plummeting Today Palantir stock is sinking despite strong quarterly results posted yesterday. Palantir's business looks very impressive, but the company's highly growth-dependent valuation sets the stage for volatility. Palantir (NASDAQ: PLTR) stock is getting hit with big sell-offs in Tuesday's trading after the company's first-quarter earnings release yesterday. Palantir Stock Crashes After Earnings but It Could Still Soar 300%, According to a Wall Street Analyst Palantir stock crashed after the company reported its first-quarter financial results. Management highlighted continued demand for its artificial intelligence platform, AIP. Dan Ives at Wedbush says Palantir will be a trillion-dollar company in two or three years. Why Vertex Pharmaceuticals Stock Is Sinking Today Vertex Pharmaceuticals reported disappointing Q1 revenue and earnings. Shares of Vertex Pharmaceuticals (NASDAQ: VRTX) were sinking 11.9% as of 10:18 a.m. ET on Tuesday. Vertex reported Q1 revenue of $2.77 billion, up 3% year over year. Palantir Soars in Tech Talk, Shares Slip Premarket Analysts hail generational AI name as blowout results clash with stretched multiples Vertex Pharmaceuticals Topples 12% On A Series Of First-Quarter Setbacks Vertex stock skidded Tuesday on a series of first-quarter setbacks that included light sales, slow uptake for two drugs and a paused study. Why Palantir Stock Is Crashing Today Palantir released its Q1 2025 earnings after the market closed Monday. The company's valuation is incredibly high, and doesn't give Palantir any room for error. Shares of Palantir Technologies (NASDAQ: PLTR) are falling on Tuesday. Marriott Trims Outlook on 'Softer' U.S. Demand But Sees Strength Internationally Marriott's revised outlook for 2025 has one overriding theme: Executives believe that U.S. and international travel spending could stay fairly resilient this year despite the shocks of the tariff war. Stocks Fall as Trade-War Damage Worries Sap Mood: Markets Wrap (Bloomberg) -- Wall Street’s risk-off mode prevailed in the countdown to the Federal Reserve decision, with stocks falling as disappointing corporate and economic signals fueled concern about the repercussions of President Donald Trump’s trade war.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail t DigitalOcean Growth Rate Ticks Higher Customers continue to increase their spending on the platform, with improving retention rates and average revenue per user. Large capex spending in the first half of the year is expected to drive further revenue growth acceleration in the second half of 2025. ServiceNow Discloses Artificial Intelligence Financial Target For 2026 The rise of "agentic" AI has yet to boost ServiceNow stock or most software makers as monetization ramps slowly. ServiceNow disclosed a new AI financial target Monday. Celsius Stock Fizzles After Q1 Miss, Revenue Slide Celsius Holdings, Inc. (NASDAQ:CELH) shares are trading lower on Tuesday after the company released its first-quarter results. The beverage giant reported adjusted earnings per share of 18 cents, missing the analyst consensus estimate of 19 cents. Quarterly sales of $329.28 million (down 7% year over year) missed the street view of $344.03 million. CELSIUS brand retail sales declined 3% year over year with a dollar share of 10.9%, down 140 basis points from the prior year. Celsius highlighted th Ford Stock Shrugs Off Pulled Guidance, 'Huge' Tariff Hit Ford stock crept higher, even after the automaker reported a 64% drop in quarterly profit and pulled its annual guidance, saying it couldn’t predict the full impact of tariffs on its business. Shares rose nearly 2% in morning trading Tuesday. Stocks to Watch Tuesday: Palantir, Ford, Mattel, DoorDash ↘️ Palantir Technologies (PLTR): The data-analysis firm lifted its annual forecast on demand for its AI products, but shares slid. The stock has quintupled over the past year. ↗️ Ford Motor (F): The carmaker suspended its annual guidance, saying it couldn’t predict the full impact of President Trump’s tariffs. AMD, Arm Offer Window Into AI Landscape Ahead of Nvidia Earnings (Bloomberg) -- Two chipmakers reporting earnings in the coming days will give investors insight into how demand for artificial intelligence infrastructure is holding up a few weeks ahead of Nvidia Corp.’s results. Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail to Borrow Muni Debt to Ease Ski Res Performance Overview Trailing total returns as of 5/6/2025, which may include dividends or other distributions. Benchmark is DAX P (^GDAXI) Return ICP.SG DAX P (^GDAXI) YTD +150.00% +16.64% 1-Year +525.00% +27.77% 3-Year +61.29% +69.82%