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Gilead Sciences announced a 6% year-over-year revenue growth in Q1 2024 driven by HIV, Oncology, and Liver Disease treatments. Despite a loss due to the CymaBay acquisition charge, their stock rose 0.8% in after-hours trading following a narrower-than-expected adjusted profit. The positive earnings beat was mainly fueled by the success of the Covid drug, Veklury.

Intel Corp. releases Q1 earnings report for FY 2024, beating expectations but projecting lower revenue for Q2. Weak demand for traditional chips and restructuring efforts impacting performance, as investors look beyond AI focus for stock growth.

Roku released its first quarter 2024 results, beating Wall Street estimates with strong revenue from ad sales and streaming platform growth. The company showed positive financial metrics, exceeding analyst expectations and forecasting higher sales for the upcoming quarter despite caution about future profit growth.

Snap Inc. exceeded analysts' expectations in Q1 2024, reporting strong revenue growth and surpassing user growth targets. The positive financial performance, driven by enhanced advertising capabilities, led to a significant surge in Snap's stock price post-earnings announcement.

Hertz Global Holdings Inc. (HTZ) faces significant losses and a sharp decline in stock prices, driven by a wider-than-expected quarterly loss and struggles with its electric vehicle rental business. The company reported a net loss of $186 million and plans to increase the sale of electric vehicles by 50%, leading to a 24% drop in share value.

Alphabet, Google's parent company, impressed investors by surpassing revenue expectations, reporting a 15% increase to $80.5 billion in Q1. The announcement of their first-ever dividend of 20 cents per share further boosted their stock price by over 12% in after-hours trading.

Microsoft Corporation's stock is trading near $391.20/share, with record highs around $430.82/share in 2024. The company impressively surpassed earnings forecasts, particularly due to robust cloud performance and AI adoption, boosting investor contentment.

Thursday's market was volatile as poor economic reports and concerns over corporate earnings caused sharp declines in stocks, compounded by worries of slowing growth and persistent inflation in the US.

Honda Motor is making its largest-ever investment in Canada by planning to build an EV production base in Ontario, with a $11 billion commitment. The move signifies the company's focus on expanding its electric vehicle capabilities, despite its delayed entry into the EV market.

Bristol Myers Squibb announced first-quarter financial results, reporting a net loss due to charges from recent acquisitions, partially offset by increased revenue and strong sales of Eliquis. Additionally, the company plans to cut costs by $1.5 billion by 2025, with 2,200 job cuts expected.