Connor Hart / Wall Street Journal: Klarna reports first-quarter revenue up 44% year-over-year to $1.01 billion, above estimate, GMV up…
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- Versant (VSNT) Q1 2026 results
- Klarna reports first-quarter revenue up 44% year-over-year to $1.01 billion, above estimate, GMV up 33% to $33.7 billion, active customers up 20% to $119 million and profit of $1 million, up from a loss of $99 million year-over-year (Connor Hart/Wall Street Journal)
- Foxconn reports Q1 revenue up 29% year-over-year to ~$67 billion and net profit up 19% year-over-year to ~$1.6 billion, matching estimate as it boosts production of AI servers, its largest source of revenue (Wall Street Journal)
- Filing: Jensen Huang’s foundation purchased $108.3 million worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)
- 1MDB fugitive Jho Low asked US President Trump for forgiveness, report says – The Diplomat
- Sources: Apollo Global, Morgan Stanley and others are testing Grok internally as part of xAI’s financial sector push, but financiers rarely use it for their work (Carmen Arroyo/Bloomberg)
- Cisco reports third-quarter revenue up 12% year-over-year to $15.84 billion, compared to an estimated $15.56 billion, forecasts fourth-quarter revenue above estimates and cuts nearly 4,000 jobs; CSCO jumps more than 17% after hours (Jordan Novet/CNBC)
- JD Vance Compares Himself to Child Abandoned at Deranged White House Event
