News
Important Only
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
Airbnb falls as Q2 revenue forecast trails estimates
** Airbnb ABNB.O shares fall 3% to $120 after Q1 results** Co expects Q2 revenue between $2.99 bln and $3.05 bln, mid-point of which is below analysts' estimate of $3.04 bln - LSEG** ABNB says it expects moderation in y-o-y growth rate of nights booked in Q2 and average daily rate to remain flat...Reuters
Thu, May 1
GLOBAL MARKETS-US stocks end higher on tech boost, yen slides on BOJ gloom
Tech earnings boost NasdaqS&P 500 longest win streak since August 2024Dollar rises as BoJ cuts growth forecastsGold prices drop as focus away from safe-haven assetsBy Stephen Culp NEW YORK, May 1 (Reuters) - Wall Street stocks rallied and gold prices slid on Thursday as solid earnings from bi...Reuters
Thu, May 1
LIVE MARKETS-Dow, S&P 500 make it eight straight as earnings resonate
Main US equity end higher; Nasdaq, up ~1.5%, posts biggest riseTech leads S&P 500 sector gainers; Healthcare weakest groupDollar jumps; crude rises >1%; bitcoin up ~2%; gold down >1.5%US 10-Year Treasury yield rises to ~4.21%Welcome to the home for real-time coverage of markets brought to ...Reuters
Thu, May 1
Amazon forecasts quarterly revenue largely above estimates
May 1 (Reuters) - Amazon.com AMZN.O forecast second-quarter revenue largely above Wall Street estimates on Thursday, in a reassuring sign that the world's biggest e-commerce company would navigate tariff-related uncertainty on its retail business.The company expects net sales between $159.0 bill...Reuters
Thu, May 1
Why Rivan Stock Jumped This Week
Shares of the electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) rose sharply this week after a report surfaced that the company has been stockpiling battery materials to fend off some of the negative effects from President Donald Trump's tariffs.Investors may have also been optimistic aft...The Motley Fool
Thu, May 1
Why Applied Digital Stock Is Skyrocketing Today
Applied Digital (NASDAQ: APLD) stock is posting big gains in Thursday's trading. The company's share price was up 14.5% as of 3:30 p.m. ET. Meanwhile, the S&P 500 was up 1.1%, and the Nasdaq Composite was up 2.1%.Along with bullish momentum for the broader market today, Applied Digital's valuation i...The Motley Fool
Thu, May 1
US STOCKS-Stocks close sharply 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 By Chuck Mikolajczak NEW YORK, May 1 (Reuters) - U.S. stocks rallied on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains a...Reuters
Thu, May 1
