Christina Kyriasoglou / Bloomberg:
NXP reports Q1 revenue up 12% YoY to $3.18B, vs. $3.15B est., and forecasts Q2 revenue above estimates; NXPI jumps 13%+ after hours  —  NXP Semiconductors NV jumped in late trading after giving an upbeat revenue forecast, a sign the chipmaker is bouncing back from a prolonged auto industry slump and tariff uncertainties.

Karen Freifeld / Reuters:
Sources: the US Commerce Department last week ordered multiple chip equipment companies to halt some shipments to China's second-largest chipmaker, Hua Hong  —  The U.S. Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments …

Luke Kawa / Sherwood News:
Robinhood reports Q1 revenue up 15% YoY to $1.07B, vs. $1.14B est., and crypto revenue down 47% to $134M, vs. $147.6M est.; HOOD drops 6%+ after hours  —  The brokerage just reported quarterly results.  —  Robinhood MarketsHOOD $77.11 (-2.29%) is sharply lower in postmarket trading after reporting underwhelming Q1 results:

On the stand, Elon Musk is positioning himself as a savior. In the high-profile trial between him and his fellow OpenAI cofounder, now CEO, Sam Altman, Musk opened by going through his background. He went as far back as being raised in South Africa and arriving in Canada for college with "2,500 in Canadian travelers' […]

Zaheer Kachwala / Reuters:
Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours  —  Seagate Technology (STX.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand …