Netflix Co-Founder Reed Hastings Steps Down After 29 Years as Q1 Results Smash Expectations
Reed Hastings leaves Netflix’s board after 30 years. Q1 beats expectations, but shares fall on Q2 outlook. Growth and ads drive strong results.
Reed Hastings leaves Netflix’s board after 30 years. Q1 beats expectations, but shares fall on Q2 outlook. Growth and ads drive strong results.
Schwab had strong Q1 2026 results, with higher revenue, profits, and client growth. It will soon offer Bitcoin and Ethereum trading. Shares fell due to net interest revenue coming in slightly below Wall Street expectations.
Taiwan Semiconductor Manufacturing Company expects 30%+ growth as AI chip demand surges, despite risks from the Middle East conflict.
Morgan Stanley crushed Q1 2026 earnings with a $5.6B profit (+30%) and record $20.6B revenue, beating expectations, driven by strong trading, banking, and client inflows amid market volatility.
Bank of America Q1 2026: profit up 17%, revenue up, trading and deals strong, beat forecasts, solid growth across all businesses.
ASML beats Q1, boosts outlook as AI drives chip demand; sales strong, profits high, and growth expected to continue.