News
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PREVIEW: Robinhood shares down 3%; seen reporting Q1 EPS, rev growth y/y
** Shares in retail trading company Robinhood Markets HOOD.O down ~3% on Wednesday with broader market in decline, Q1 report scheduled for after market close** HOOD seen reporting adj EPS of $0.33 vs $0.18 year-ago on rev of $922.5 mln vs $618 mln year-ago, according to latest data gathered by LSEG*...Reuters
Wed, Apr 30
PREVIEW: Qualcomm shares edge up; results due after the bell
** Shares of Qualcomm QCOM.O up 0.2% in Wed afternoon trading, with the chipmaker seen reporting higher yr-over-yr qtrly rev in its results due after the closing bell** The broader mkt is lower on the day** Qualcomm is expected to show report fiscal Q2 rev of $10.66 bln vs $9.39 bln in the yr-ago pe...Reuters
Wed, Apr 30
US STOCKS-Wall Street dips as economy contracts for first time since 2022
Q1 GDP contracts at 0.3% rateSMCI plunges after Q3 forecast cutMajor US indexes on pace for monthly declines Indexes off: Dow 0.03%, S&P 500 0.31%, Nasdaq 0.68%By Chuck Mikolajczak NEW YORK, April 30 (Reuters) - U.S. stocks stumbled on Wednesday after data showed the economy contracted in the...Reuters
Wed, Apr 30
Grupo Televisa SAB reports results for the quarter ended March 31 - Earnings Summary
Grupo Televisa SAB TV.N reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of four analysts for the quarter was for a loss of 9 cents per sha...Reuters
Wed, Apr 30
Clearwater Paper Corp reports results for the quarter ended March 31 - Earnings Summary
Clearwater Paper Corp CLW.N reported quarterly adjusted earnings of 34 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.43. The lone analyst forecast for the quarter was for earnings of 17 cents per share. Revenue fell 23.8...Reuters
Wed, Apr 30
Here's Why Shares in PPG Outperformed Today
Shares in paints and coatings company PPG (NYSE: PPG) rose by as much as 6.1% in early trading today as investors cheered its first-quarter earnings report and full-year guidance. Given the pressure on the economy due to the uncertainty around tariffs, any company that merely restates its full-year ...The Motley Fool
Wed, Apr 30
Did GM Just Kill the Best Reason to Own the Stock?
General Motors (NYSE: GM) just sounded a warning for the entire stock market.The auto manufacturing giant released its first-quarter earnings on Tuesday morning, but said that it would delay its earnings call until Thursday, apparently waiting for some clarity on tariffs. More importantly, it said t...The Motley Fool
Wed, Apr 30
Why AppLovin Stock Is Sinking Today
The stock of AppLovin (NASDAQ: APP) is getting hit with big sell-offs in Wednesday's trading. The ad tech company's share price was down 5.9% as of 1:15 p.m. ET today. The S&P 500 and Nasdaq Composite were down 0.9% and 1.7%, respectively. AppLovin stock had been down as much as 14.8% earlier in the...The Motley Fool
Wed, Apr 30
PREVIEW: Meta Platforms falls with broader market; results due after the bell
** Shares of Meta Platforms META.O are down 2.8% in afternoon trading, with broader mkt also selling off. Meta is due to report results including higher yr-over-yr qtrly rev after the closing bell** Analysts expect Q1 rev of $41.39 bln vs $36.46 bln in the yr-ago period and they expect EPS of $5.27/...Reuters
Wed, Apr 30
PREVIEW: McDonald's shares flat ahead of quarterly result
** Shares of McDonald's MCD.N are up 0.86% to $317.25 ahead of earnings report due before the bell Thurs, with investors focused on sales in the U.S., which is the fast food giant's biggest market** Last quarter, MCD posted the biggest drop in U.S. sales in nearly five year weighed down by a...Reuters
Wed, Apr 30
Nvidia gets first sell rating in nearly two years; shares down
** Shares of chipmaker Nvidia NVDA.O down 1.9% to $106.91 on Weds amid rare bearish call** Seaport Research Partners initiated coverage on NVDA with a 'sell' and $100 PT** While one of the leading beneficiaries of current AI spending boom, NVDA's "prospects are well understood and la...Reuters
Wed, Apr 30
Muddied GDP report leaves investors with little clarity about economic risk
Economists encouraged by consumer spending growth despite GDP contractionTariffs cause volatility, complicating economic predictionsInvestors brace for mixed outcomes amid tariff uncertaintyRecession risk rises, but not base assumption for economistsGDP contraction driven by record trade gap due to ...Reuters
Wed, Apr 30
U.S. STOCKS ON THE MOVE-Oddity Tech, International Paper, Vulcan
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 dropped on Wednesday after data showed the economy contracted for the first time in three years in the fir...Reuters
Wed, Apr 30
Bausch + Lomb hits all-time low on quarterly surprise loss
** U.S.-listed shares of contact lens maker Bausch + Lomb's BLCO.TO, BLCO.N fall 15.6% to $11.6, hitting all-time low** Stock set for its worst day ever, if losses hold** BLCO posts Q1 adj. loss of 15 cents per share, compared with analysts' estimated profit of 3 cents per share, according t...Reuters
Wed, Apr 30
Why Amazon, Meta Platforms, and Alphabet Slumped on Wednesday
The U.S. economy has run consistently higher over the past couple of years. However, recent concerns about tariffs, the burgeoning trade war with China, and the impact of the broader uncertainty on the economy have fueled significant stock market volatility.Investors have been watching economic repo...The Motley Fool
Wed, Apr 30
Why Lucid Group Stock Is Sinking Today
Shares of Lucid Group (NASDAQ: LCID) are falling on Wednesday. The stock dropped 3.3% as of 12:53 p.m. but was down as much as 7% earlier today. The move comes as the S&P 500 and Nasdaq Composite lost 0.9% and 1.4%, respectively.The maker of luxury electric vehicles (EVs) is taking a hit after data ...The Motley Fool
Wed, Apr 30
Nvidia Stock Is Pulling Back Today. Here's Why Investors Are Nervous.
Something is spooking Nvidia (NASDAQ: NVDA) investors today. Shares dropped almost 5% in early trading and were still lower by 2.7% as of 1:10 p.m. ET.It's actually more than one thing putting pressure on Nvidia shares. First, investors got a business update from server manufacturer Super Micro Comp...The Motley Fool
Wed, Apr 30
Shares in Mexico's Televisa plunge after SKY Q1 profit drop
By Rafael EscaleraMontoto and Aida Pelaez-Fernandez MEXICO CITY, April 30 (Reuters) - Shares of Mexico's largest broadcaster Grupo Televisa plunged 6% on Wednesday, a day after the company said its first-quarter net profit fell 66%, largely due to lower revenues from its satellite TV unit SKY...Reuters
Wed, Apr 30
LIVE MARKETS-WFII has its view on whether the bottom is in
US indexes red; Nasdaq falls most, down ~1.3%Energy weakest S&P 500 sector; Staples leads gainersDollar gains; gold slips; bitcoin off 0.9%; crude down 3.8%US 10-Year Treasury yield edges up to ~4.18% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ...Reuters
Wed, Apr 30
