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Amazon down after cloud revenue growth lags in first quarter
** Shares of e-commerce giant Amazon.com AMZN.O fall 4.3% to $182 in extended trading ** AWS revenue grows 17% in Q1, compared with estimates of a 17.4% increase ** Reports Q1 revenue of $155.7 billion, vs est. of $155.04 billion, according to data compiled by LSEG** Company forecasts Q2 revenue bet...
Reuters
12 hours ago
Airbnb falls as Q2 revenue forecast trails estimates
** Airbnb ABNB.O shares fall 3% to $120 after Q1 results** Co expects Q2 revenue between $2.99 bln and $3.05 bln, mid-point of which is below analysts' estimate of $3.04 bln - LSEG** ABNB says it expects moderation in y-o-y growth rate of nights booked in Q2 and average daily rate to remain flat...
Reuters
12 hours ago
GLOBAL MARKETS-US stocks end higher on tech boost, yen slides on BOJ gloom
Tech earnings boost NasdaqS&P 500 longest win streak since August 2024Dollar rises as BoJ cuts growth forecastsGold prices drop as focus away from safe-haven assetsBy Stephen Culp NEW YORK, May 1 (Reuters) - Wall Street stocks rallied and gold prices slid on Thursday as solid earnings from bi...
Reuters
12 hours ago
LIVE MARKETS-Dow, S&P 500 make it eight straight as earnings resonate
Main US equity end higher; Nasdaq, up ~1.5%, posts biggest riseTech leads S&P 500 sector gainers; Healthcare weakest groupDollar jumps; crude rises >1%; bitcoin up ~2%; gold down >1.5%US 10-Year Treasury yield rises to ~4.21%Welcome to the home for real-time coverage of markets brought to ...
Reuters
12 hours ago
Amazon forecasts quarterly revenue largely above estimates
May 1 (Reuters) - Amazon.com AMZN.O forecast second-quarter revenue largely above Wall Street estimates on Thursday, in a reassuring sign that the world's biggest e-commerce company would navigate tariff-related uncertainty on its retail business.The company expects net sales between $159.0 bill...
Reuters
12 hours ago
Why Rivan Stock Jumped This Week
Shares of the electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) rose sharply this week after a report surfaced that the company has been stockpiling battery materials to fend off some of the negative effects from President Donald Trump's tariffs.Investors may have also been optimistic aft...
The Motley Fool
12 hours ago
Why Applied Digital Stock Is Skyrocketing Today
Applied Digital (NASDAQ: APLD) stock is posting big gains in Thursday's trading. The company's share price was up 14.5% as of 3:30 p.m. ET. Meanwhile, the S&P 500 was up 1.1%, and the Nasdaq Composite was up 2.1%.Along with bullish momentum for the broader market today, Applied Digital's valuation i...
The Motley Fool
12 hours ago
US STOCKS-Stocks close sharply higher, lifted by Microsoft, Meta earnings
Lilly tumbles after CVS drops Zepbound McDonald's slips after surprise drop in Q1 salesWeekly jobless claims higher than forecast By Chuck Mikolajczak NEW YORK, May 1 (Reuters) - U.S. stocks rallied on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains a...
Reuters
12 hours ago
Why Nuclear Stocks Soared Today
Shares of nuclear power providers Constellation Energy (NASDAQ: CEG), Vistra Energy (NYSE: VST), and Oklo (NYSE: OKLO) were in rally mode on Thursday, up 8%, 5.8%, and 8.5%, respectively, as of 1:45 p.m. ET.None of these three companies reported earnings or had much in the way of company news today;...
The Motley Fool
12 hours ago
TSM named new top pick at Morgan Stanley on AI demand
Investing.com -- Morgan Stanley moved Taiwan Semiconductor Manufacturing back to a top pick, citing strong AI-driven capital spending from major tech firms and the easing of several key concerns.“With
Investing.com
12 hours ago
Why UPS Stock Plunged in April
Rising trade tensions are not good news for companies that make their money transporting goods.Shares of United Parcel Service (NYSE: UPS) plunged as much as 18% following the early April U.S. tariff announcement and were not able to regain much of that drop in the weeks that followed. UPS finished ...
The Motley Fool
12 hours ago
GLOBAL MARKETS-Wall Street jumps on tech boost, yen slides on BOJ gloom
Tech earnings boost NasdaqS&P 500 longest win streak since August 2024Dollar rises as BoJ cuts growth forecastsGold prices drop as focus away from safe-haven assetsBy Stephen Culp NEW YORK, May 1 (Reuters) - Wall Street stocks rallied and gold prices slid on Thursday as solid earnings from bi...
Reuters
13 hours ago
PREVIEW: Apple shares flat with analysts upbeat about revenue growth
** Apple's AAPL.O shares up 0.1% at $212.75 on Thurs ahead of the technology giant's fiscal Q2 earnings report due after markets close** Wall Street analysts expect AAPL to post ~4% growth in rev to ~$94.68 bln and adj EPS of $1.63, up more than 6% from $1.53 a year ago** AAPL's rev and ...
Reuters
13 hours ago
Eli Lilly downplays CVS move to drop Zepbound coverage, shares plunge
Lilly CEO says businesses most affected by CVS move are small employersStock reaction to CVS decision is 'overblown,' says investorLilly tops Wall Street view for first quarter profit, revenueBy Bhanvi Satija and Patrick Wingrove May 1 (Reuters) - Eli Lilly LLY.N on Thursday downplayed CV...
Reuters
13 hours ago
US STOCKS-Microsoft, Meta earnings power stocks higher
Lilly tumbles after CVS drops Zepbound McDonald's slips after surprise drop in Q1 salesWeekly jobless claims higher than forecast Indexes up: Dow 0.53%, S&P 500 1.07%, Nasdaq 2.03%By Chuck Mikolajczak NEW YORK, May 1 (Reuters) - U.S. stocks rallied on Thursday, with the Dow and S&...
Reuters
13 hours ago
Supermicro Stock Is Soaring Today. Should You Buy The Hot AI Stock Before May 6?
Shares of Super Micro Computer (NASDAQ: SMCI) are rising on Thursday. The company's stock gained 4.9% as of 2:11 p.m. ET and had gained as much as 5.2% earlier in the day. The leg up comes as the S&P 500 gained 1% and the Nasdaq Composite gained 2% on the day.A day after dropping nearly 20%, the AI ...
The Motley Fool
13 hours ago
CORRECTED-US tech-related stocks jump after Microsoft, Meta Platforms results
NEW YORK, May 1 (Reuters) - U.S. technology-related stocks including many involved in artificial intelligence rose sharply on Thursday following stronger-than-expected results from Microsoft and Meta Platforms, while investors awaited results from Apple and Amazon.com after the closing bell.Shares o...
Reuters
14 hours ago
Why Taiwan Semiconductor Manufacturing Stock Is Jumping Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is moving higher Thursday in a bullish day for tech sector valuations. The company's share price was up 4% as of 2 p.m. ET. At the same point in the day, the tech-heavy Nasdaq Composite index was up 1.8%.TSMC stock is jumping today thanks to stron...
The Motley Fool
14 hours ago
Why Chart Industries Rallied by a Double-Digit Percentage Today
Shares of industrial equipment supplier Chart Industries (NYSE: GTLS) rallied on Thursday, trading 11% higher as of 2 p.m. ET.Chart reported first-quarter earnings Thursday morning that beat expectations on the bottom line, but other elements of the report were even more bullish and reassuring, incl...
The Motley Fool
14 hours ago
U.S. STOCKS ON THE MOVE-Nvidia, Wayfair, Moderna
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 jumped to around one-month highs on Thursday, with the tech-heavy Nasdaq leading gains, as strong quarterl...
Reuters
14 hours ago
ICE rises after Q1 profit beat
** Intercontinental Exchange's ICE.N shares up ~1.9% at $171.1 ** ICE reports better-than-expected Q1 profit, helped by strong trading volumes in energy and options segments** Co reports Q1 adjusted earnings per share of $1.72, beating estimates of $1.70 per share, according to data compiled by ...
Reuters
14 hours ago
Why CoreWeave Stock Is Skyrocketing Today
Shares of CoreWeave (NASDAQ: CRWV) are rising on Thursday. The company's stock is up 12% as of 1:31 p.m. ET, but was up as much as 17.1% earlier in the day. The move comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 2.1% on the day.CoreWeave, an...
The Motley Fool
14 hours ago
Markel Group Inc reports results for the quarter ended March 31 - Earnings Summary
Markel Group Inc MKL.N reported quarterly adjusted earnings of $21.60 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $20.65. The mean expectation of five analysts for the quarter was for earnings of $16.77 per share. Wall Street ...
Reuters
14 hours ago
Why Microsoft Stock Popped This Week
Shares of tech giant Microsoft (NASDAQ: MSFT) spiked this week after the company reported better-than-expected revenue and earnings in its fiscal third quarter. The company's Azure cloud computing service and Microsoft 365 products are firing on all cylinders, which was welcome news to investors, ma...
The Motley Fool
14 hours ago
Should You Buy Palantir Stock Before Tuesday?
In this video, I will cover recent updates regarding Palantir (NASDAQ: PLTR). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of April 30, 2025. The video was published on May 1, 2025.Where to invest $1,00...
The Motley Fool
14 hours ago
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