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3 Reasons Why I Bought More Disney and Comcast Stock Last Week
I went to Comcast's (NASDAQ: CMCSA) new Epic Universe theme park this past weekend. It's a glorious celebration of next-gen ride technology, at least for the three flagship rides. There's a jaw-dropping eye for detail everywhere else. Through three days of previews, I got a taste of what will make t...The Motley Fool
Fri, May 2
4 Stocks That Turned $1,000 Into $1 Million
This is real. It is actually possible to make a million dollars in the stock market with just a $1,000 investment.However, these big gains are never quick. The $1,000,000 payouts are also quite rare. Few investments can combine the multi-decade longevity and game-changing business success that's req...The Motley Fool
Fri, May 2
U.S. STOCKS ON THE MOVE-Duolingo, Instacart, DuPont
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes advanced on Friday, as signs of a de-escalation in the trade war with China and a strong jobs report calme...Reuters
Fri, May 2
Spotify's US app update with purchase links gets Apple approval
By Jaspreet Singh May 2 (Reuters) - Spotify SPOT.N said on Friday its U.S. app update has secured Apple's AAPL.O approval to show pricing information and external payment links, days after a judge barred the iPhone maker from charging commission on off-app purchases.Shares of Spotify, founded...Reuters
Fri, May 2
Cytokinetics tumbles as FDA delays heart drug review by 3 months
** Shares of drug developer Cytokinetics CYTK.O fall 15.5% to $36.27** Late on Thursday, co said that the US FDA has extended the review date for its marketing application of heart disease drug aficamten to Dec. 26** Previous action date was Sept 26** Extension is due to the FDA needing more time to...Reuters
Fri, May 2
Winchester Bancorp falls in Nasdaq debut after mutual bank conversion
** Community bank Winchester Bancorp's WSBK.O shares fall 6.5% to $9.35 in Nasdaq debut** Stock opened for trading at $10.1 vs $10 offer price** WSBK sold ~4 million shares in its initial public offering in connection with its mutual bank conversion** Mutual-to-stock conversion occurs when finan...Reuters
Fri, May 2
Imperial Oil Ltd reports results for the quarter ended March 31 - Earnings Summary
Imperial Oil Ltd IMO.TO reported quarterly adjusted earnings of C$2.52 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of C$2.23. The mean expectation of nine analysts for the quarter was for earnings of C$2.17 per share. Wall Street...Reuters
Fri, May 2
Bunge-Viterra merger stalled by US-China trade tensions, Bloomberg reports
** Shares of grain trader Bunge BG.N rise 1% to $79.28 ** Company's $34 billion merger with Glencore-backed GLEN.L Viterra is being stalled by U.S-China trade tensions, Bloomberg News reports** Bunge says it is in the final stage of a regulatory approval** The merger was first announced in 2023...Reuters
Fri, May 2
Barclays cuts EOG PT after it trims capex plan on tariff concerns
** Shares of U.S. shale producer EOG Resources EOG.N fall 1.3% to $110.27** Barclays cuts PT to $137 from $140; representing a 22.7% premium to stock's last close** Says as the first large-cap E&P co to report results, EOG sets the tone for a measured capex cut, which flattens out oil produc...Reuters
Fri, May 2
European shares recover from early April's tariff-driven losses
LONDON, May 2 (Reuters) - Europe's STOXX 600, .STOXX on Friday, rose above its closing level on April 2, the day U.S. President Donald Trump announced his plans for reciprocal tariffs on trade partners. Global equity markets sold off heavily after Trump's tariff plan was announced on April 2...Reuters
Fri, May 2
FTC Solar Inc reports results for the quarter ended March 31 - Earnings Summary
FTC Solar Inc FTCI.OQ reported a quarterly adjusted loss of 84 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -90 cents. The mean expectation of five analysts for the quarter was for a loss of 76 cents per share. Wall Stree...Reuters
Fri, May 2
CANADA STOCKS-TSX gains on signs of easing Sino-US trade tensions
By Sukriti Gupta and Ragini Mathur May 2 (Reuters) - Canada's main stock index rose on Friday and was on track for its fourth consecutive weekly gain, as signs of potential easing in U.S.-China trade tensions and a stronger-than-expected U.S. jobs report boosted investor sentiment.Toronto Sto...Reuters
Fri, May 2
ANALYSIS-Amazon sellers are stocking up in the face of tariffs, but it's a short-term fix
Third-party sellers build inventory to avoid tariff impact Once stocks run out, they may have to hike prices, analysts sayAmazon sellers may have to accept tighter margins to back sales By Deborah Mary Sophia and Arriana McLymore May 2 (Reuters) - Amazon AMZN.O on Thursday tried to temper investo...Reuters
Fri, May 2
South African rand lifted by global risk appetite despite poor PMI survey
JOHANNESBURG, May 2 (Reuters) - The South African rand strengthened on Friday, helped by optimism about an easing of U.S.-China trade tensions and better-than-expected U.S. jobs data that boosted global risk appetite.The gains came despite another weak local purchasing managers' index (PMI) surv...Reuters
Fri, May 2
WRAPUP 2-Citadel, ExodusPoint, Schonfeld end rollercoaster April with gains
Multi-strategy funds return between 0.5% and over 3% April returnsStock pickers mostly flat for the year so far after deleveragingCTAs struggle in choppy marketsBy Carolina Mandl and Nell Mackenzie NEW YORK/LONDON, May 2 (Reuters) - The biggest multi-strategy hedge funds posted positive returns w...Reuters
Fri, May 2
LendingTree sinks after quarterly sales forecast misses estimates
** Shares of online lending marketplace LendingTree TREE.O fall 27% to $39.47** Stock set for biggest single-day percent drop in over 9 years, if losses hold** Late on Thursday, co forecast Q2 sales between $241 mln and $248 mln; analysts were expecting sales of $248.5 mln - LSEG** Co posts Q1 sales...Reuters
Fri, May 2
FTSE 100 recovers Trump tariff losses, set for record daily winning streak
LONDON, May 2 (Reuters) - Britain's FTSE 100 .FTSE on Friday rose above its closing level on April 2, the day U.S. President Donald Trump announced his plans for reciprocal tariffs on trade partners. If Friday's gains hold, the index will have risen for a 15th straight day, a new record of c...Reuters
Fri, May 2
BREAKINGVIEWS-Cargo rush belies a coming crash for US trucking
By Sebastian Pellejero NEW YORK, May 2 (Reuters Breakingviews) - Trade fears fueled a freight binge to kick off the year. It probably presages a nasty hangover. U.S. companies rushing to get ahead of President Donald Trump’s tariff barrage sent imports spiking in the first three months of 2025, ...Reuters
Fri, May 2
Wall St Week Ahead-Fed outlook in focus as US stocks rally picks up steam
Central bank expected to hold rates steady on WednesdayFed faces White House pressure to cut ratesTariff developments in focus as trade hopes boost stocksBy Lewis Krauskopf NEW YORK, May 2 (Reuters) - The Federal Reserve meeting in the coming week is set to test the U.S. stock market's sharp ...Reuters
Fri, May 2
