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Wall St Week Ahead-Fed outlook in focus as US stocks rally picks up steam
Central bank expected to hold rates steady on WednesdayFed faces White House pressure to cut ratesTariff developments in focus as trade hopes boost stocksBy Lewis Krauskopf NEW YORK, May 2 (Reuters) - The Federal Reserve meeting in the coming week is set to test the U.S. stock market's sharp ...Reuters
May 2, 2025
DuPont gains after Q1 results beat estimates
** Shares of chemicals and industrial solutions maker DuPont DD.N rise 1.4% to $66.99** Company beats Q1 profit and revenue estimates on higher sales in the unit that caters to the electronics industry ** DD posts adjusted profit of $1.03/shr in Q1 vs estimate of 95 cents/shr - data compiled by L...Reuters
May 2, 2025
Hologic falls after 2025 profit forecast cut
** Medical equipment maker Hologic's HOLX.O shares fall as much as 7.6% to a four-year low of $52.94** HOLX cut its annual profit forecast late on Thursday in the range of $4.15 to $4.25 per share, compared with its previous forecast of $4.25 to $4.35, citing uncertainty around the tariffs** Com...Reuters
May 2, 2025
Atmus Filtration Technologies Inc reports results for the quarter ended March 31 - Earnings Summary
Atmus Filtration Technologies Inc ATMU.N reported quarterly adjusted earnings of 63 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of seven analysts for the quarter was for earnings of 58 cent...Reuters
May 2, 2025
Exxon Mobil Corp reports results for the quarter ended March 31 - Earnings Summary
Exxon Mobil Corp XOM.N reported quarterly adjusted earnings of $1.76 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.06. The mean expectation of twenty one analysts for the quarter was for earnings of $1.73 per share. Wall Stree...Reuters
May 2, 2025
United States Cellular Corp reports results for the quarter ended March 31 - Earnings Summary
United States Cellular Corp USM.N reported quarterly adjusted earnings of 21 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of four analysts for the quarter was for earnings of 34 cents per sh...Reuters
May 2, 2025
Telephone and Data Systems Inc reports results for the quarter ended March 31 - Earnings Summary
Telephone and Data Systems Inc TDS.N reported a quarterly adjusted loss of 9 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of three analysts for the quarter was for earnings of 5 cents per sha...Reuters
May 2, 2025
Instacart jumps after quarterly profit forecast above estimates
** Shares of grocery delivery platform Instacart rise as much as 13.6% to $45.21, highest since February 2025 ** If gains hold, the stock is set for its best day ever ** The company forecast Q2 core profit above estimates on Thursday due to resilient demand from online shoppers on i...Reuters
May 2, 2025
Imperial Oil rises on higher Q1 profit
** Shares of Canadian oil producer Imperial Oil IMO.TO up 1% at C$94.84** Company posts a rise in Q1 profit, helped by stronger refining margins and fuel sales business** Company reports net income in Q1 of C$1.29 billion($933.23 million) compared with C$1.2 billion, a year earlier** IMO reports pet...Reuters
May 2, 2025
LIVE MARKETS-Wall Street indexes rally on mixed bag of news
Three major U.S. equity indexes all up >1%All S&P 500 sectors green; Industrials, Comm Svcs out frontEuro STOXX 600 index up ~1.5%Dollar slides; crude off >1%; gold, bitcoin gainU.S. 10-Year Treasury yield rises to ~4.28%Welcome to the home for real-time coverage of markets brought to you ...Reuters
May 2, 2025
DuPont beats earnings estimates, warns of tariff hit
Tariffs could have a net cost impact of 10 cents per shareElectronics segment sales rise nearly 14% on AI chip boomExpects Q2 adjusted profit of $1.03 per share By Vallari Srivastava May 2 (Reuters) - DuPont DD.N beat Wall Street expectations for first-quarter earnings on Friday and left its ful...Reuters
May 2, 2025
CORRECTED-Electrical equipment maker Eaton cuts 2025 profit forecast
May 2 (Reuters) - Power management company Eaton Corp ETN.N trimmed its 2025 profit forecast on Friday, sending its shares down 3% in premarket trading.Eaton — which makes electrical components for data centers, EV charging, hydraulic motors, valves and pumps — said its new forecast reflects the imp...Reuters
May 2, 2025
Duolingo hits record high after optimistic 2025 outlook
** Duolingo's DUOL.O shares up 15.5% to $462.00, rising for 9th straight session, after language learning app's raised 2025 forecasts please** DUOL shares rise as much as 16.5% to record high $465.90 amid broader strength in equities on Fri .N** Pittsburgh, Pennsylvania-based firm late Thurs...Reuters
May 2, 2025
Eaton Corp falls after FY EPS, margin outlook cut
** Shares of power management company Eaton Corp ETN.N fall 3% to $292.43, paring some early losses** Co trims 2025 EPS view to between $10.29 and $10.69, from prior range of $10.60 and $11.00** Also slashes FY segment margin outlook to between 24.0% and 24.4% from 24.4% and 24.8%** Outlook cut assu...Reuters
May 2, 2025
Aptevo Therapeutics Inc expected to post a loss of $4.21 a share - Earnings Preview
Aptevo Therapeutics Inc APVO.OQ APVO.O is expected to show no change in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Aptevo Therapeutics Inc is for a loss of $4.21 per share. The one available analyst rating ...Reuters
May 2, 2025
Block shares tumble after 2025 profit forecast cut
May 2 (Reuters) - Block's XYZ.N shares fell 22% on Friday, hitting their lowest since November 2023 after the payments firm cut its profit forecast for the year.At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App and moun...Reuters
May 2, 2025
Cable One slips to all-time low after Q1 results miss
** Shares of Cable One CABO.N slip almost 35.1% to all-time low of $170.2 after Q1 revenue miss ** The broadband communications provider's residential video and residential data subscribers declined ** Co reports revenue of $380.6 mln vs analysts' expectations of $386.9 mln - data compiled ...Reuters
May 2, 2025
Tamarack Valley Energy Ltd expected to post earnings of 9 cents a share - Earnings Preview
Tamarack Valley Energy Ltd TVE.TO is expected to report resultson May 6 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Tamarack Valley Energy Ltd is for earnings of 9 cents per share. The current average analyst rating on the shares is "buy" and the bre...Reuters
May 2, 2025
Alexander's Inc expected to post a share - Earnings Preview
Alexander's Inc ALX.N, ALX is expected to show a fall in quarterly revenue when it reports results on May 5 for the period ending March 31 2025The Paramus New Jersey-based company is expected to report a 9.6% decrease in revenue to $55.5 million from $61.4 million a year ago, according to the ...Reuters
May 2, 2025
US STOCKS-Wall Street climbs on tariff optimism, strong jobs data
Indexes up: Dow 1.10%, S&P 500 1.07%, Nasdaq 0.92%April nonfarm payrolls beat estimates Apple slips as tariff costs weigh By Sruthi Shankar and Purvi Agarwal May 2 (Reuters) - Wall Street's main indexes advanced on Friday, as signs of a de-escalation in the trade war with China and a str...Reuters
May 2, 2025
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