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NYSE:ZBH 28 April 2026

Why Zimmer Biomet Stock Sank After a Q1 Earnings Beat and Raised Profit Outlook

Why Zimmer Biomet Stock Sank After a Q1 Earnings Beat and Raised Profit Outlook

Zimmer Biomet shares dropped about 9% Tuesday despite beating first-quarter estimates and raising its 2026 profit forecast, as investors reacted to an unchanged sales outlook and the exit of CFO Suketu Upadhyay. The stock traded at $84.17 late morning. The company reported $2.087 billion in net sales and raised its adjusted EPS forecast to $8.40–$8.55. CEO Ivan Tornos cited disruption from a U.S. sales-force overhaul.
28 April 2026
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Stock Market Today

  • JPMorgan Chase Advances Crypto Strategy with Institutional Spot and Derivatives Trading Products
    May 12, 2026, 8:45 PM EDT. JPMorgan Chase is ramping up its cryptocurrency efforts by contemplating new spot and derivatives trading products for institutional clients like hedge funds and pension managers. The bank's blockchain initiatives have surged, with transactions on JPMorgan's blockchain products expanding thirtyfold since 2023. Its JPMD deposit token, issued on Coinbase's Base blockchain, enables rapid settlement while meeting Federal Reserve standards. CEO Jamie Dimon has shifted from skepticism to embracing blockchain, warning of emerging blockchain-based competitors in payments and asset management. JPMorgan's Kinexys division further supports product development, working with partners like Mastercard and Coinbase. This push mirrors a broader Wall Street trend towards integrating digital assets into traditional finance.

Latest article

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

13 May 2026
Tech stocks led declines Tuesday after April CPI data showed consumer prices rose 0.6% for the month and 3.8% year-over-year, pushing Treasury yields higher and weighing on rate-cut hopes. Brent crude settled above $107, fueling inflation concerns. The S&P 500 slipped 11.88 points to 7,400.96, while the Nasdaq lost 185.92 to 26,088.20. Chip stocks fell sharply, with Qualcomm down 11% and Intel off 6.8%.
Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

13 May 2026
Karman Holdings shares closed up 6.2% at $62.48 on May 12, then fell 11% after hours following first-quarter results and a raised 2026 outlook. Q1 revenue jumped 51% to $151.2 million, net income reached $7.8 million, and backlog hit $1.0 billion. Adjusted EPS matched the $0.11 estimate. The company announced over $1 billion in new contingent demand commitments.
Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

Velo3D Stock Jumps After Q1 Results Turn Margin Story Into a Real Test

13 May 2026
Velo3D shares surged 24.7% to $17.53 in after-hours trading Tuesday after first-quarter revenue rose 48% to $13.8 million and net loss narrowed to $7.0 million. Gross margin improved to 17.2%. The company raised $50 million in April but remains loss-making, with a recent going-concern warning. Backlog stood near $30 million, with repeat orders above 70% of total.
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