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Shares in Mexican tequila maker Becle rise following net profit surge
MEXICO CITY, April 30 (Reuters) - Becle CUERVO.MX, the world's largest tequila producer, saw it shares jump 5% on Wednesday after the company reported a first-quarter profit increase of 15% from a year earlier. The firm, which makes the bulk of its income from tequila but also produces a range o...
Reuters
Apr 30, 2025
Western Digital rises as Q4 forecasts above estimates
** Data storage products maker Western Digital Corp's WDC.O shares rise 3.8% to $42.17 after co forecasts upbeat quarterly results on cloud computing demand** Co forecasts Q4 revenue of $2.45 bln and adj. EPS outlook of $1.45, compared with Wall Street estimates for revenue of $2.38 bln and $1.1...
Reuters
Apr 30, 2025
Wolfe upgrades Ford as White House grants tariff relief for auto parts
Investing.com -- Wolfe Research upgraded Ford Motor Co (NYSE:F) to “Peer Perform” from “Underperform” given the newly announced White House tariff relief that is expected to significantly benefit
Investing.com
Apr 30, 2025
3 Big Investor Takeaways From Warren Buffett's Latest Moves
Whenever Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) reports on its holdings, investors are often eager to learn what stocks it bought and sold. The company, which Warren Buffett leads, gives insights into the stocks the billionaire investor is bullish and bearish on. And it's not surprising if a ...
The Motley Fool
Apr 30, 2025
Wingstop's Revenue Jumps, Costs Rise
Wingstop (NASDAQ:WING), a leader in the fast-casual dining segment, released its Q1 FY2025 earnings on April 30, 2025, revealing robust sales growth with a 17.4% increase from the previous year. Net income skyrocketed by 221% in Q1 FY2025 to $92.3 million, equivalent to $3.24 per diluted share (GAAP...
The Motley Fool
Apr 30, 2025
GlobalData gets takeover proposals from funds managed by ICG, KKR
April 30 (Reuters) - Data platform Globaldata DATA.L said on Wednesday it had received a preliminary takeover proposal in cash each from funds managed by private equity groups ICG and KKR KKR.N, sending its shares up more than 30%.The company said it was in discussion with both parties, adding that ...
Reuters
Apr 30, 2025
Trump comments on stock market weakness, blames Biden’s policies
Investing.com -- President Donald Trump recently shared his thoughts on the ongoing weakness in the stock market via social media platform, Truth Social. He attributed the current market performance t
Investing.com
Apr 30, 2025
Taiwan Semiconductor Making Excellent Progress Reducing the Biggest Risk to Investors
Geopolitical risks are the most significant factor keeping Taiwan Semiconductor's (NYSE: TSM) valuation lower than it deserves.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon...
The Motley Fool
Apr 30, 2025
Stock Market Crash: 3 High-Yielding Dividend Stocks Near Their 52-Week Lows to Buy Right Now
One great thing about a crash or downturn in the markets is that it can allow you to go bargain hunting fairly easily. Many stocks have been falling this year, and if you're a dividend investor, you know that means yields are rising as a result. When prices fall, it costs less to lock in a dividend,...
The Motley Fool
Apr 30, 2025
Citizens Financial Services Inc reports results for the quarter ended March 31 - Earnings Summary
Citizens Financial Services Inc CZFS.OQ reported quarterly adjusted earnings of $1.60 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.33. The lone analyst forecast for the quarter was for earnings of $1.49 per share. Revenue ro...
Reuters
Apr 30, 2025
Vita Coco rises on Q1 revenue beat, share buyback
** Shares of beverage maker Vita Coco COCO.O rise 7.5% to $33.87 ** Co posts Q1 revenue of $131 million, exceeding analysts' average estimate of $125.49 million, according to data compiled by LSEG ** COCO reaffirms annual revenue forecast of between $555 million and $570 million ** Co says its b...
Reuters
Apr 30, 2025
Caterpillar misses first-quarter estimates, flags tariff hit to annual sales
By Nathan Gomes April 30 (Reuters) - Caterpillar CAT.N on Wednesday reported lower-than-expected first-quarter results on weak construction equipment demand and outlined two scenarios for its annual sales forecast, one of which included the potential impact of extensive tariffs.The two different ...
Reuters
Apr 30, 2025
Super Micro slumps on forecast cut, analysts downplay broader AI demand concerns
By Aditya Soni April 30 (Reuters) - Super Micro Computer SMCI.O shares tumbled 18% on Wednesday after the server maker slashed its revenue forecast, the latest blow to the former AI darling trying to regain investor confidence following late filings and short-seller attacks.The company blamed the...
Reuters
Apr 30, 2025
Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings
April 30 (Reuters) - Snap SNAP.N shares tumbled more than 15% on Wednesday after the social media company held back its forecast, stoking fears that advertisers were cutting their spending due to tariff-led economic uncertainty.Health of the advertising market will be yet again in focus when Meta Pl...
Reuters
Apr 30, 2025
Shares in Mexico's Televisa down 6% after Q1 profit slide
MEXICO CITY, April 30 (Reuters) - Shares of Mexico's largest broadcaster Grupo Televisa plummeted 6% in early trading on Wednesday after the company reported a 66% net profit drop in the first quarter.
Reuters
Apr 30, 2025
Better Artificial Intelligence Stock: Palantir vs. SoundHound AI
Despite the market's recent volatility, artificial intelligence (AI) continues to be a driving theme on Wall Street. In fact, AI has the potential to be one of the most important technological innovations of our generation.There are numerous ways to invest in AI, and within that space, the growth of...
The Motley Fool
Apr 30, 2025
XPO Surpasses EPS, Revenue Falls Short
A prominent player in the logistics and transport sector, XPO (NYSE:XPO) released mixed fiscal 2025 first-quarter earnings on Wednesday, April 30. The company exceeded EPS expectations, reporting $0.73 adjusted EPS compared to the estimated $0.66. However, XPO's Q1 revenue of $1.95 billion fell just...
The Motley Fool
Apr 30, 2025
AI server makers Dell, HPE fall after Super Micro cuts forecast
** Shares of AI server makers fall after Super Micro SMCI.O cuts forecast due to customers delaying purchases** Dell DELL.N down 6%, Hewlett Packard Enterprise HPE.N slips 1.8%, SMCI itself tumbles 19%** While several big tech firms have reaffirmed AI spending plans, there are worries companies migh...
Reuters
Apr 30, 2025
Generac shares hits one-week low on 2025 forecasts cut
** Power equipment maker Generac Holdings' GNRC.N shares fall 2.3% to $110, their lowest in a week ** Co trimmed its annual forecast as uncertainty from tariffs clouds its demand outlook** GNRC forecasts 2025 net income margin between 6.5% and 8.5%, compared with its previous view of 8% to 9%** ...
Reuters
Apr 30, 2025
Illinois Tool Works posts lower quarterly profit on slowing demand
April 30 (Reuters) - Illinois Tool Works ITW.N on Wednesday posted lower first-quarter profit and revenue as economic uncertainty and sticky inflation weighed on demand for industrial equipment, sending its shares down as much as 4% in premarket trading. The Trump administration's erratic tariff...
Reuters
Apr 30, 2025
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