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Apple's reported use of Google's Gemini AI model to power a revamped Siri is a significant catalyst for Alphabet's stock price increase. This partnership not only highlights Google's AI capabilities but also represents a potential new revenue stream for Alphabet. The arrangement would embed Google AI on hundreds of millions of Apple devices, reinforcing Google's position in consumer AI and creating a clear monetization path outside of ads and cloud alone.

Newmont's third-quarter financial results were robust, with the company reporting a 20% increase in revenue to $5.52 billion and a significant jump in net income, which doubled to $1.84 billion compared to the previous year. This impressive performance exceeded market expectations, as evidenced by the company's beat of the consensus estimate for both earnings and revenue.

Pan American Silver is expected to report quarterly earnings of $0.49 per share, indicating a significant year-over-year increase of 53.1%. Analysts forecast revenues of $867.76 million, representing a 21.2% year-over-year increase. The consensus EPS estimate for the quarter has been revised 17.6% higher over the last 30 days, reflecting positive sentiment among analysts.

Coherent Corp. recently reported strong first-quarter fiscal 2026 results, with net income soaring to $226.35 million, up from $26 million in the previous year. This significant increase in profitability, along with a revenue growth from $1.35 billion to $1.58 billion, highlights the company's financial strength and operational efficiency.