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Activist Investor Ed Garden Targets Fortune Brands Innovations – Wants New CEO

Investor Ed Garden buys stake in Fortune Brands Innovations and pushes to replace incoming CEO Amit Banati, citing leadership concerns. Company shares dropped sharply after weak earnings.

Activist Investor Ed Garden Targets Fortune Brands Innovations – Wants New CEO
"Ed Garden". Credit: Michael Nagle/Bloomberg
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02/23/2026 · 6:26 AM
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Snap Q1 2026 Earnings: User Growth Holds as Geopolitical Headwinds and Perplexity Exit Cloud Outlook
05/06/2026 · 6:16 PM

Snap Q1 2026 Earnings: User Growth Holds as Geopolitical Headwinds and Perplexity Exit Cloud Outlook

Snap reported $1.53B in Q1 revenue with an increase in users, but ad sales were hit by the Iran conflict, and the company ended its AI partnership. It is now cutting costs.

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IONQ Stock Drops in After-Hours Despite Massive Revenue Beat
05/06/2026 · 5:55 PM

IONQ Stock Drops in After-Hours Despite Massive Revenue Beat

IONQ revenue surged 755% and beat expectations, but higher losses and negative cash flow worried investors, so stock fell after hours.

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AppLovin Stock Soars After Big Q1 Earnings Beat and Strong Q2 Outlook
05/06/2026 · 5:31 PM

AppLovin Stock Soars After Big Q1 Earnings Beat and Strong Q2 Outlook

AppLovin beat Q1 earnings, raised outlook, and grew revenue with strong AI-driven ads, boosting stock.

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