Public Storage (PSA) Q1 2026 (USD): Core FFO 4.22 (exp. 4.13), Revenue 1.22bln (exp. 1.21bln), reaffirms FY26 guidance
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Newsquawk US Market Wrap: Oil bid after Trump cancels talks with Iran
US Treasury Secretary Bessent warns that businesses working with Iranian airlines risk sanctions, WSJ reports; Treasury to impose maximum pressure on Iran
Public Storage (PSA) Q1 2026 (USD): Core FFO 4.22 (exp. 4.13), Revenue 1.22bln (exp. 1.21bln), reaffirms FY26 guidance
Cadence Design Systems Inc. (CDNS) Q1 2026 (USD) Adj. EPS 1.96 (exp. 1.88), Revenue 1.47bln (exp. 1.45bln), Current FY Rev. 6.125-6.225bln (exp. 6.13bln), Current FY EPS 7.85-7.95 (exp. 7.87)
ADNOC LNG tanker crosses Strait of Hormuz for first time since Iran war, ship tracking data shows
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Context
Public Storage's Q1 results show a slight beat on both core FFO and revenue compared to expectations, suggesting operational strength. The reaffirmation of FY26 guidance indicates confidence in their business outlook, which could positively impact investor sentiment and valuations in the sector.
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