Shopify, Uber tumble on earnings, Airbnb, Arm, Robinhood to report: Yahoo Finance

It’s all about earnings on Wall Street today. Shares of Shopify and Uber Technologies are falling sharply after their quarterly updates fell short of investor expectations. The scrutiny will turn to companies including Airbnb , Arm Holdings , Robinhood , AMC Entertainment , and Instacart , which all report this afternoon. Other trending tickers on Yahoo Finance include Intel , Reddit , and Tripadvisor .3:05 p.m.

Palantir, a data analytics software company, continued to gain traction with its artificial-intelligence tools in the quarter ended in March. Palantir shares, which rallied 8.1% in Monday’s regular session, fell more than 15% on Tuesday. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers.

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