🟢 NYT is trading 10% up today on Q1 earnings beat and digital ad surge

NYT is trading 10% up today after reporting Q1 2026 earnings that significantly exceeded analyst expectations on both the top and bottom lines.

• The company posted earnings of $0.61 per share on $712 million in revenue, beating estimates of $0.48 per share and $707 million.
• Digital advertising revenue jumped 31.6% year-over-year to $93 million, far outpacing previous company guidance.
• The stock's performance outpaced the broader market rally (S&P +1.2%, Nasdaq +1.5%) driven by chip sector strength and US-Iran de-escalation.