News
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Airbnb Sees a Possible Travel Slowdown
Here's our initial take on Airbnb's (NASDAQ: ABNB) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$2.14 billion$2.27 billion 6%BeatAdjusted earnings per share (EPS)$0.41$0.24-41%MetNights/experiences booked132.6 million143.1 million 8%n/a...The Motley Fool
Thu, May 1
Amazon: A Good Quarter but Some Concerns
Here's our initial take on Amazon's (NASDAQ: AMZN) financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$143.3 billion$155.7 billion9%BeatEarnings per share$0.98$1.5962%BeatAWS revenue$25.0 billion$29.3 billion0.17MissedAdvertising revenue$11.8 billion$13.9 billion19%BeatSome...The Motley Fool
Thu, May 1
Keurig Dr Pepper down as JAB to slash stake further
** Keurig Dr Pepper's KDP.O shares down 1.3% in extended trading to $33.59 after secondary offering unveiled** Massachusetts-based beverage co says JAB Holding Co to offload 75 mln shares with JP Morgan as bookrunner** Sale would reduce European investment firm JAB's stake from ~9.9% to 4.4%...Reuters
Thu, May 1
Why Huntington Ingalls Stock Gained Speed in April
The U.S. shipbuilding industry has been in a lull since the height of the pandemic, with companies tied to pre-COVID contracts that are not nearly as profitable now.But the budget winds in Washington appear to be shifting, and Huntington Ingalls Industries (NYSE: HII) is likely to be one of the prim...The Motley Fool
Thu, May 1
TRADING DAY-Tech tonic!
ORLANDO, Florida, May 1 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist From 'Lag 7' back to 'Mag 7'?The clouds of trade-related economic uncertainty are dark and heavy, but world markets were bathed in sunny optimism ...Reuters
Thu, May 1
Reddit surges after rosy Q2 revenue outlook
** Social media firm Reddit's RDDT.N shares rise 17.8% to $139.58 in extended trading ** RDDT forecasts second-quarter revenue above Wall Street estimates, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets** Co expects current-qu...Reuters
Thu, May 1
Why Coca-Cola Consolidated Stock Plummeted Today
Coca-Cola Consolidated (NASDAQ: COKE) stock got hit with big sell-offs Thursday following the company's first-quarter earnings report. The company's share price closed out the daily session down 12% despite the backdrop of a 0.6% gain for the S&P 500.Coca-Cola Consolidated reported its Q1 results af...The Motley Fool
Thu, May 1
Block plummets after trimming annual profit outlook
** Shares of payments firm Block XYZ.N down ~16% to $49.10 in after-the-bell trading** Co trims FY25 outlook for gross profit as spending slowdown fears climb** Also reports a 60% drop in Q1 profit as co records a $93.4 million remeasurement loss on its bitcoin investments, compared to a $233.4 mill...Reuters
Thu, May 1
Instacart soars after upbeat quarterly profit forecast
** Shares of grocery delivery platform Instacart CART.O up ~12% at $44.54 after the bell** Co forecast Q2 core profit between $240 million and $250 million, above analysts' estimate of $237.2 million- data compiled by LSEG** Q1 core profit of $244 million beats estimates of $229.4 million** Co s...Reuters
Thu, May 1
Apple slips, quarterly results edge past estimates
** Shares of iPhone-maker Apple AAPL.O slip 2.2% to $208.60 in extended trading** Reports fiscal Q2 revenue of $95.36 bln vs est. of $94.68 bln — LSEG** Posts iPhone sales of 46.84 bln in Jan-March period vs est. of $46.17 bln** Apple reports fiscal Q2 sales in Greater China region of $16 bln vs. es...Reuters
Thu, May 1
Why Dominion Energy Stock Edged Higher Today
Some investors were energized by Dominion Energy's (NYSE: D) latest earnings report, which was published before market open on Thursday. The lightly positive reaction to the gas and electric utility company's performance boosted its stock price, which closed the day nearly 1% higher. That was lofty ...The Motley Fool
Thu, May 1
Live Nation posts lower-than-expected first quarter revenue
May 1 (Reuters) - Ticketmaster-parent Live Nation Entertainment LYV.N missed Wall Street estimates for first-quarter revenue on Thursday, hurt by higher concert ticket prices amid economic uncertainty.Consumers are reducing discretionary spending due to high inflation and recession fears, affecting ...Reuters
Thu, May 1
Duolingo raises 2025 forecast as AI-powered subscription garners wider appeal
By Akash SriramMay 1 (Reuters) - Language learning app Duolingo DUOL.O forecast second-quarter revenue above Wall Street estimates and lifted its annual sales expectations on Thursday, as more users pay for subscriptions featuring AI features, sending its shares up 13% in extended trading.Duolingo o...Reuters
Thu, May 1
Cboe Global Markets Appoints Craig Donohue as New CEO
CHICAGO, May 2, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that its Board of Directors has appointed longtime global financial markets executive Craig S. Donohue as the company's new Chief Executi...PR Newswire
Thu, May 1
Apple edges past expectations as world girds for tariff impact
Apple narrowly beats Wall Street expectations amid tariff concernsTariff uncertainty impacts Apple's market value, shares down 15%Apple shifts production to India to mitigate potential tariffs iPhone 16e model helps installed base hit record high, Cook says By Stephen Nellis, Akash Sriram SA...Reuters
Thu, May 1
US STOCKS-Stocks close higher, lifted by Microsoft, Meta earnings
Lilly tumbles after CVS drops Zepbound McDonald's slips after surprise drop in Q1 salesWeekly jobless claims higher than forecast Indexes up: Dow 0.21%, S&P 500 0.63% By Chuck Mikolajczak NEW YORK, May 1 (Reuters) - U.S. stocks advanced on Thursday, with the Dow and S&P 500 postin...Reuters
Thu, May 1
CANADA STOCKS-TSX ends lower as metal mining shares fall
TSX ends 0.2% lower at 24,795.55Materials sector loses 2.4% as gold fallsBombardier declines 9.4% after revenue missEnergy adds 0.9% as oil ralliesBy Fergal Smith May 1 (Reuters) - Canada's main stock index ended lower on Thursday as gold mining shares fell, but the index stayed in reach of a...Reuters
Thu, May 1
Amazon down after cloud revenue growth lags in first quarter
** Shares of e-commerce giant Amazon.com AMZN.O fall 4.3% to $182 in extended trading ** AWS revenue grows 17% in Q1, compared with estimates of a 17.4% increase ** Reports Q1 revenue of $155.7 billion, vs est. of $155.04 billion, according to data compiled by LSEG** Company forecasts Q2 revenue bet...Reuters
Thu, May 1
