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Philip Morris hits record high after raising annual profit forecast
** Shares of cigarette maker Philip Morris International PM.N up as much as 4.6% at a record high of $171.63 ** Company raises annual profit forecast thanks to performance of the flagship heated tobacco product IQOS and newer products like nicotine pouch brand ZYN** Expects 2025 adjusted annual pro...Reuters
Wed, Apr 23
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Growth investors feast on volatility, but the turbulence has proved challenging for Cathie Wood. The founder and CEO of Ark Invest has taken a hit in the current climate. Her largest exchange-traded fund has plummeted nearly 20% in 2025, but it's still trading higher over the past year.Wood publishe...The Motley Fool
Wed, Apr 23
Amphenol surges after upbeat results, forecast
** Shares of electronics equipment maker Amphenol APH.N surge 12.6% to $74.03, a three-month high, early Weds after upbeat results and current-qtr forecast** APH shares on course for biggest daily pct gain since Jul 18, 2012, and among top S&P 500 .SPX performers as equities jump after Trump dia...Reuters
Wed, Apr 23
Got $3,000? 3 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
When it comes to investing, a $3,000 position may not sound like much. While it's not enough to deploy into multiple individual stocks, it's enough to allow one to take $1,000 positions in three different stocks, and that includes artificial intelligence (AI).Due to a recent pullback in stocks, many...The Motley Fool
Wed, Apr 23
Wabtec beats first-quarter profit estimates on strong aftermarket sales, services
April 23 (Reuters) - Locomotive parts maker Wabtec WAB.N reported first-quarter profit on Wednesday that beat Wall Street estimates, helped by strong sales for aftermarket parts and services.Shares of the company rose 8.8% in morning trading. First-quarter sales for its freight segment were up 4.2%,...Reuters
Wed, Apr 23
Pegasystems jumps after Q1 results beat estimates
** Software company Pegasystems' shares PEGA.O jump 30% to $8.39 in early trading after Q1 results beat estimates** Co posts Q1 adj EPS of $1.53, beating analysts' estimate of 49 cents, according to LSEG data** Q1 revenue up 44% from last year at $475.63 mln vs estimate of $356.6 mln** Curre...Reuters
Wed, Apr 23
Duolingo up after Morgan Stanley initiates coverage with "Overweight" rating, street-high PT
** Shares of language learning platform Duolingo DUOL.O up 11.4% at $374.52 after Morgan Stanley initiates coverage of stock with "Overweight" rating and street-high PT of $435** "Duolingo has the rare combination of rapid user growth, strong and expanding margins, and clear Gen AI upsid...Reuters
Wed, Apr 23
Forget Zepbound: Eli Lilly Has Its Next Billion-Dollar Weight Loss Drug
Eli Lilly (NYSE: LLY) has been growing its sales at a good clip over the past year. This is partly thanks to Zepbound, a weight loss medicine that's already generating more than $1 billion in quarterly sales, although it was approved only in late 2023.Zepbound's prospects still look bright, but some...The Motley Fool
Wed, Apr 23
US STOCKS SNAPSHOT-Wall St extends gains after report White House could slash China tariffs
April 23 (Reuters) - U.S. stocks extended gains on Wednesday after a Wall Street Journal report said the White House was considering slashing China tariffs to de-escalate the trade war between the two countries. A senior White House official said China tariffs were likely to come down to between rou...Reuters
Wed, Apr 23
Otis Worldwide dips as Q1 net sales misses estimate
** Shares of elevator company Otis Worldwide OTIS.K down 7% at $92 in early trading after Q1 results** Reports 2.5% drop in Q1 net sales to $3.30 bln, missing Wall St estimate of $3.37 bln, according to data compiled by LSEG ** The Connecticut-based company also expects tariff impact of $45 mln-$75 ...Reuters
Wed, Apr 23
Boeing's Revenue Climbs Past Estimates
Boeing, a leading aerospace manufacturer renowned for its commercial airplane production, released its Q1 2025 earnings on April 23, 2025. The earnings report showcased results that beat analyst expectations, reflecting ongoing efforts to stabilize its operations. Revenue for Q1 2025 reached $19.5 b...The Motley Fool
Wed, Apr 23
3 Monster Stocks to Hold for the Next 10 Years
Got a little money and a lot of time? Say, 10 years or more? That's perfect. Time is an investor's best friend, and of course, the more capital you've got to deploy, the bigger your potential net return gets. And if you've got at least a decade to work with, you've got time to take a shot on some re...The Motley Fool
Wed, Apr 23
Street View: Demand looks stable for 3M but tariff challenges remain
** U.S. industrial conglomerate 3M Co MMM.N on Tuesday beat Wall St expectations for Q1 profit on cost cutting, even as it warned of a potential hit to 2025 earnings from trade tensions** Median PT of 19 brokerages covering the stock is $153 - data compiled by LSEGTARIFF TANGO IN THE INDUSTRIAL AREN...Reuters
Wed, Apr 23
Label maker Avery Dennison switches to quarterly outlook citing macro uncertainty
April 23 (Reuters) - Avery Dennison AVY.N, which makes packaging and labeling products such as radio frequency tags, pulled its annual forecast on Wednesday and said it was shifting to quarterly projections because of macroeconomic uncertainty.U.S. President Donald Trump's wave of tariffs has de...Reuters
Wed, Apr 23
CANADA STOCKS-TSX opens higher after Trump says won't fire Fed chair Powell
April 23 (Reuters) - Canada's main stock index opened higher on Wednesday as investors welcomed U.S. President Donald Trump's assurance that he would not fire Federal Reserve Chairman Jerome Powell, along with his hints of a possible trade deal with China.At 9:31 a.m. ET (1331 GMT), the Toro...Reuters
Wed, Apr 23
US STOCKS SNAPSHOT-Wall Street jumps at open as Trump says he has no plans to fire Powell
April 23 (Reuters) - Wall Street's main indexes rallied at the open on Wednesday after U.S. President Donald Trump dialed back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China.The Dow Jones Industrial Average .DJI rose 628.0 points, or 1.60%...Reuters
Wed, Apr 23
Healthcare Services Group Inc reports results for the quarter ended March 31 - Earnings Summary
Healthcare Services Group Inc HCSG.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of five analysts for the quarter was for earnings of 18 cents pe...Reuters
Wed, Apr 23
Watsco Inc reports results for the quarter ended March 31 - Earnings Summary
Watsco Inc WSO.N reported quarterly adjusted earnings of $1.93 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.17. The mean expectation of fourteen analysts for the quarter was for earnings of $2.26 per share. Wall Street expect...Reuters
Wed, Apr 23
Virtu Financial Inc reports results for the quarter ended March 31 - Earnings Summary
Virtu Financial Inc VIRT.OQ reported quarterly adjusted earnings of $1.30 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of nine analysts for the quarter was for earnings of $1.20 per share. Wall St...Reuters
Wed, Apr 23
