Getty Images Holdings Inc.

Rumble reported first-quarter revenues of $25.46 million, up 7.4% year on year but falling 2% short of analysts' expectations, in what the company described as a disappointing quarter that also saw a significant miss on earnings per share estimates. The video-sharing platform, which positions itself as a free-speech alternative to mainstream services, achieved the fastest revenue growth among the six digital media and content platforms stocks tracked, yet its share price has fallen 28% since the report to $5.88. The broader group posted a soft quarter overall, with aggregate revenues missing consensus estimates by 5.3% and next-quarter revenue guidance coming in 6% below expectations, contributing to an average share-price decline of 18.2% across the cohort. Among peers, Stride reported revenues of $629.9 million, up 2.7% year on year and in line with estimates, while Ziff Davis saw revenues of $267.6 million, down 1.9% and missing estimates by 6.9%. Getty Images posted revenues of $226.6 million, up 1.1% but lagging estimates by 5.9%, and WEBTOON reported revenues of $320.9 million, down 1.5% and meeting estimates.

Meta Platforms surged 11% after confirming it is building a new cloud business to sell excess artificial intelligence computing power to outside customers. General Mills jumped more than 6% after posting fourth-quarter adjusted earnings of 95 cents a share on revenue of $4.61 billion, topping estimates, and announcing plans for $3 billion in cumulative cost savings through fiscal 2030. Progress Software rallied over 18% on better-than-expected second-quarter results and strong guidance. Datadog gained more than 2% after disclosing the acquisition of AI startup Adaptive ML. Nike rose more than 4% despite a 12% drop in China sales, as quarterly results beat expectations. Shutterstock tumbled nearly 30% and Getty Images fell 6% after Getty called off their proposed merger due to UK regulatory demands. Alcoa dropped 9% on a $4.1 billion deal to acquire South32's bauxite, alumina, and aluminum portfolio. Salesforce and ServiceNow rose after Guggenheim upgraded both to buy, with ServiceNow up over 6% and Salesforce up 5%. Bloom Energy added more than 2% on an expanded partnership with Brookfield to finance AI infrastructure power. Sandisk and Micron Technology fell sharply, with Sandisk down 9% and Micron off about 8%, after both more than tripled in the prior quarter.

Shutterstock shares plunged nearly 30% after the company and Getty Images called off their $3.7 billion merger due to regulatory roadblocks. Getty said the U.K.'s Competition and Markets Authority would have required it to sell Shutterstock's editorial division to approve the deal, a step Getty's board was not willing to take. Shutterstock shares closed at $9.90, their lowest since their 2012 debut, while Getty shares dropped more than 10% to 77 cents. The companies had announced the merger in January 2025 as a merger of equals, aiming to invest more in 3D imagery and generative AI tools, but both stocks have lost around 70% of their value since then amid concerns over AI image creation tools. Getty also said it will retain a financial advisor to explore strategic financing alternatives.

U.S. stock futures pointed lower on Wednesday as investors awaited remarks from Federal Reserve Chair Kevin Warsh and monitored peace talks between the United States and Iran. Shutterstock shares plunged 28% after Getty Images abandoned its planned merger, citing unacceptable regulatory conditions from the U.K.'s Competition and Markets Authority. Intuitive Machines climbed 7.4% after NASA awarded it a contract worth up to $148.3 million to deliver a Nova-C lunar lander by 2028, the company's sixth task order under the Commercial Lunar Payload Services program. Grindr surged 7.6% after Morgan Stanley upgraded the LGBTQ+ dating platform to Overweight and raised its price target to $18, citing strong user engagement. Klarna Group gained 6% after a Swedish court awarded its subsidiary PriceRunner approximately $1.97 billion in antitrust damages against Alphabet's Google. Oklo advanced 4.8% after the U.S. Department of Energy approved the Documented Safety Analysis for the Groves Isotope Test Reactor, moving it into final pre-startup review ahead of a July 2026 startup. ServiceNow rose 4% after Guggenheim upgraded the enterprise software company to Buy, citing durable recurring revenue growth. Nike fell nearly 4% after forecasting continued sales declines in the first half of fiscal 2027, overshadowing better-than-expected fourth-quarter revenue. Alcoa slipped 4.7% after agreeing to acquire South32's bauxite, alumina and aluminum assets for $4.1 billion.

Nike fell more than 3% premarket after reporting a 12% sales decline in Greater China, despite beating earnings and revenue estimates for its fiscal fourth quarter. Constellation Brands rose about 1.5% after posting first-quarter earnings of $3.43 per share, above the $3.20 consensus, with revenue also topping expectations and full-year guidance roughly in line. Shutterstock plunged more than 30% and Getty Images dropped 4% after Getty called off their proposed merger due to demands from a U.K. regulator. Alcoa declined 4% after announcing a $4.1 billion deal to acquire South32's bauxite, alumina and aluminum portfolio. ServiceNow gained more than 5% and Salesforce nearly 4% after Guggenheim upgraded both to buy, citing attractive valuations and dismissing AI as a threat. Bloom Energy jumped over 7.5% on an expanded partnership with Brookfield to finance power for AI infrastructure projects. Kroger slipped 2% after agreeing to acquire Giant Eagle for $1.65 billion. Sandisk tumbled 3.5% and Micron Technology fell about 2.5% on the first trading day of the third quarter, following more than tripling in the prior quarter.

StockStory identifies Cactus as a cash-producing stock worth watching, while flagging Getty Images and Disney as companies that may struggle. Cactus, which manufactures wellhead equipment for oil and gas, posted a trailing 12-month free cash flow margin of 25.8% and annual revenue growth of 23.2% over nine years, with its EBITDA margin expanding by 2.3 percentage points over five years. Getty Images, with a free cash flow margin of just 3%, saw its margin shrink by 12.4 percentage points over five years and delivered only 3.5% annual revenue growth. Disney's free cash flow margin stands at 7.3%, and its 10.8% five-year annual revenue growth is considered below standard for the consumer discretionary sector, with a return on capital of 7.3% reflecting difficulties in finding profitable growth.