Crude Oil Edges Higher; Phillips 66 Posts Wider-Than-Expected Loss

Company Performance - Phillips 66 reported a wider-than-expected loss for Q1, with an adjusted loss of 90 cents per share, missing the consensus estimate of a loss of 72 cents per share [2] - The company achieved quarterly revenue of $31.73 billion, surpassing the consensus of $31.33 billion [2] Stock Movements - Coursera, Inc. shares increased by 13% to $8.70 following better-than-expected quarterly results [8] - Baijiayun Group Ltd saw a significant surge of 65% to $0.3053 after announcing plans to invest tens of millions of dollars over the next five years for autism rehabilitation [8] - SES AI Corporation shares rose by 23% to $1.07 after reporting better-than-expected Q1 EPS results and authorizing a $30 million share repurchase program [8] - Saia, Inc. shares dropped by 30% to $249.41 due to weaker-than-expected quarterly results [8] - Coeptis Therapeutics Holdings, Inc. shares fell by 36% to $8.00 following the announcement of a merger agreement with Z Squared Inc. [8] - Lexaria Bioscience Corp. shares decreased by 20% to $1.34 after announcing a $2 million registered direct offering of common stock [8] Market Trends - In commodity news, oil prices increased by 0.3% to $62.97, while gold prices decreased by 1.7% to $3,291.10 [4] - Silver and copper also saw declines of 1.7% to $32.945 and 1% to $4.8085, respectively [4]