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US STOCKS-S&P 500, Nasdaq inch higher on tech boost, earnings weigh on Dow
Indexes: Dow down 0.40%, S&P 500 up 0.10%, Nasdaq up 0.41% Alaska Airlines falls after pulling outlook Proctor & Gamble down after annual forecast trimMarch durable goods jump more than expected By Lisa Pauline Mattackal and Purvi Agarwal April 24 (Reuters) - Wall Street's main indexe...Reuters
Thu, Apr 24
Comcast sheds more broadband subscribers as wireless carriers ramp up bundled plans
By Harshita Mary Varghese April 24 (Reuters) - Comcast CMCSA.O reported a larger-than-expected quarterly decline in broadband customers on Thursday, hit by intense competition from wireless carriers bundling mobile services with high-speed internet plans, sending its shares down 6%. Broadband cus...Reuters
Thu, Apr 24
ResMed rises after slight quarterly profit beat
** Medical device maker ResMed's RMD.N shares rise 8.1% to $231.81 ** RMD posted late on Wednesday Q1 adj. profit of $2.37 per share, beating analysts' estimates of $2.36 per share, according to data compiled by LSEG** Company's Q1 revenue rose 8% to $1.29 billion ** ResMed said it is &#...Reuters
Thu, Apr 24
Can AppLovin Stock Rebound This Year?
Short-seller reports can have a devastating impact on a stock. This year, tech company AppLovin (NASDAQ: APP) has been hit with multiple short reports questioning the validity of its business model. While the company has pushed back against its detractors, saying that it's "building the world's best...The Motley Fool
Thu, Apr 24
Las Vegas Sands up after first-quarter profit beats estimates
** Las Vegas Sands LVS.N shares up 3% at $36 in early trade as Q1 profit beats expectations after strong demand in its Singapore business offset stalling market growth in Macao** Co posts Q1 adj profit of 59 cents per share, compared with analysts' estimates of 57 cents per share, according to d...Reuters
Thu, Apr 24
IBM slides as federal spending cuts, uncertain economy impact consulting business
April 24 (Reuters) - Shares of International Business Machines IBM.N fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses a further threat to its consulting business.The software and consulting giant said ...Reuters
Thu, Apr 24
Pacific Premier Bancorp ticks up on $2 billion buyout deal with Columbia Banking
** Regional lender Pacific Premier Bancorp's PPBI.O shares rise 1.7% to $20.46 in early trading** Umpqua Bank-parent Columbia Banking System COLB.O will buy PPBI in a $2 billion all-stock deal, the companies announced late Wednesday ** COLB shares fall 3.6% to $22.68 ** Deal values PPBI at $...Reuters
Thu, Apr 24
Interpublic beats quarterly estimates on steady demand across divisions
April 24 (Reuters) - Interpublic Group IPG.N beat first-quarter revenue estimates on Thursday, helped by steady marketing spend by clients at the company's Mediabrands, Deutsch and Golin divisions, sending its shares up nearly 5% in early trading.The advertising firm's results show resilienc...Reuters
Thu, Apr 24
United Rental rises after Q1 earnings beat
** Shares of United Rentals URI.N rise 6% to $625 in early trading** Co's Q1 earnings beat Wall Street expectations, helped by robust demand across its construction and industrial end-markets** URI posts Q1 adj. EPS of $8.86 per share vs analysts' average estimate of $8.83 per share - data c...Reuters
Thu, Apr 24
Interpublic Group rises on upbeat first-quarter results
** Advertising firm Interpublic Group's IPG.N shares rise 3.6% to $24.86 in early trading** The company reported Q1 revenue of $2 billion, above analysts' estimates of $1.98 billion, according to data compiled by LSEG** On an adjusted basis, the company earned 33 cents per share, compared wi...Reuters
Thu, Apr 24
Toymaker Hasbro's first-quarter results beat on gaming unit strength
Maintains annual forecasts amid tariff uncertaintiesFirst-quarter digital gaming revenue jumps 46%Reports 25.1% adjusted operating marginBy Anuja Bharat MistryApril 24 (Reuters) - Hasbro's HAS.O quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gam...Reuters
Thu, Apr 24
Is IonQ Stock a Buy?
New technologies can be exciting for investors. Artificial intelligence. Electric vehicles. The list goes on. Now, we have a new theme emerging: quantum computing. Stocks such as IonQ (NYSE: IONQ) have soared in recent quarters due to the enormous potential of this technology, which could bring a ge...The Motley Fool
Thu, Apr 24
PepsiCo cuts annual profit forecast as tariffs set to drive up costs
CEO Laguarta warns of increased supply chain costs from tariffs PepsiCo plans to adjust sourcing to mitigate higher costsOrganic volumes decline 2% as promotions fail to boost demandSpeed up transition to natural ingredients after RFK Jr's push By Ananya Mariam Rajesh April 24 (Reuters) - Pep...Reuters
Thu, Apr 24
Integer Holdings Corp reports results for the quarter ended March 31 - Earnings Summary
Integer Holdings Corp ITGR.N reported quarterly adjusted earnings of $1.31 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.14. The mean expectation of nine analysts for the quarter was for earnings of $1.24 per share. Wall Stre...Reuters
Thu, Apr 24
Comcast slips on bigger broadband subscriber loss in Q1
** Shares of media and telecom major Comcast CMCSA.O fall 5% to $32.7** CMCSA lost 199,000 broadband customers in Q1, higher than FactSet estimates of a 146,100 loss** Co said in post-earnings call that broadband competitive environment remains intense with wireless carriers marketing their plans ag...Reuters
Thu, Apr 24
Independent Bank Corp (Michigan) reports results for the quarter ended March 31 - Earnings Summary
Independent Bank Corp (Michigan) IBCP.OQ reported quarterly adjusted earnings of 74 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of five analysts for the quarter was for earnings of 70 cents ...Reuters
Thu, Apr 24
CANADA STOCKS-TSX opens flat as relief rally runs out of steam
April 24 (Reuters) - Canada's main stock index opened subdued on Thursday after rallying in the previous two sessions, as investors took a breather to assess the Trump administration's shifting positions on tariffs.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX comp...Reuters
Thu, Apr 24
Is This the Best Warren Buffett Stock to Invest $1,000 in Right Now?
Warren Buffett is an investing icon. His track record compounding capital for Berkshire Hathaway has made him a legend. The smartest retail investors closely follow his moves to find ideas for their own portfolios.In the conglomerate's $258 billion portfolio, the second-largest holding shouldn't be ...The Motley Fool
Thu, Apr 24
