This week was a rollercoaster ride for the market, with several major companies reporting their quarterly earnings. From Palantir Technologies smashing estimates to Walt Disney delivering a billion-dollar surprise, the week was filled with unexpected turns. Let’s dive into the top stories of the week.

Palantir Tops Q1 Estimates, Raises 2026 Guidance

The AI software company reported a first-quarter revenue of $1.63 billion, surpassing analyst estimates of $1.54 billion. Adjusted earnings per share stood at 33 cents, beating the expected 28 cents. The company’s U.S. revenue saw a year-over-year growth of 104%, reaching $1.28 billion. “We have shattered the metric, a feat matched only by other fellow AI infrastructure companies: NVIDIA, Micron and SK hynix," said Alex Karp, co-founder and CEO of Palantir.

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Disney Delivers Billion-Dollar Surprise

Disney reported adjusted earnings of $1.57 per share for the quarter, beating the analyst consensus estimate of $1.49. Revenue increased 7% year over year to $25.17 billion, ahead of analyst estimates of $24.76 billion. The entertainment segment, which includes traditional television networks, direct-to-consumer streaming and film operations, posted revenue of $11.72 billion, up 10% from a year earlier.

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