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Eversource Energy's first-quarter profit rises on higher electricity rates
May 1 (Reuters) - Eversource Energy ES.N reported a rise in first-quarter profit on Thursday, as the utility firm benefited from higher electricity rates.Regulated utilities use rate case proceedings to seek rate increases, basing their appeals on their investments or expenses incurred in delivering...
Reuters
Thu, May 1
Other
Spirit Aero first-quarter revenue falls amid slower Boeing production
May 1 (Reuters) - Aerospace supplier Spirit AeroSystems SPR.N on Thursday reported a drop in first-quarter revenue, hurt by slower production across most programs at its key customer Boeing BA.N. Spirit said production on the Boeing 737 program was higher early in the first quarter of 2024 as it pre...
Reuters
Thu, May 1
Other
GoDaddy posts rise in quarterly revenue, announces $3 billion share buyback
May 1 (Reuters) - GoDaddy GDDY.N on Thursday reported a nearly 8% increase in first-quarter revenue, as the addition of artificial intelligence features boosted demand for its internet hosting services.The company also announced a share repurchase program of up to $3 billion through 2027.GoDaddy, wh...
Reuters
Thu, May 1
Cryptocurrencies
Tether’s U.S. Treasury holding approaches record high of $120B
Today, Tether published its Q1 2025 attestation report prepared by BDO, confirming total exposure in U.S. Treasuries approaching $120B.
Cryptopolitan
Thu, May 1
Stocks
TEAM: Strong Results, Weak Guidance
Here's our initial take on Atlassian's (NASDAQ: TEAM) financial report.Key MetricsMetricQ3 2024Q3 2025Changevs. ExpectationsRevenue$1.19 billion$1.36 billion14%BeatEarnings per share$0.89$0.979%BeatCloud customers w/ AAR > $10k44,33650,71514%n/aServices revenue$703.0 million$880.4 million25%n/aAAR =...
The Motley Fool
Thu, May 1
Other
Skyward Specialty’s Q1 UW gain jumps 15% to $28 million as GWP surges by 17%
By James ThalerMay 1 - (The Insurer) – Skyward Specialty’s first quarter underwriting gain improved by 15% to $28.48 million as the Houston, Texas-based company's core loss ratio improved by 40 basis points while its gross written premium growth surged by 16.7% to $535.32 million in the quarter....
Reuters
Thu, May 1
Other
Camden Property forecasts annual FFO below estimates
May 1 (Reuters) - Camden Property Trust CPT.N forecast its annual funds from operations (FFO) below Wall Street estimates on Thursday, as tariff-induced economic uncertainties may keep consumers away from purchasing new homes in the short term. The real estate investment trust expects 2025 FFO to...
Reuters
Thu, May 1
Other
US consumer watchdog asks court to scrap medical debt regulation
May 1 (Reuters) - The U.S. Consumer Financial Protection Bureau has joined with industry groups in asking a federal court to scrap a Biden-era regulation barring consumer credit reports from including medical debt, according to court papers.In a motion submitted on Wednesday in a Texas federal cour...
Reuters
Thu, May 1
Stocks
Why Starbucks Stock Fell 18% in April
Shares of Starbucks (NASDAQ: SBUX) took a dive in April as the company got hit by President Trump's "Liberation Day" tariffs announcement, and then again at the end of the month after it reported underwhelming results in its fiscal second-quarter earnings report.Unlike the rest of the stock market, ...
The Motley Fool
Thu, May 1
Stocks
Roku Earnings: An Uncertain Outlook
Here's our initial take on Roku's (NASDAQ: ROKU) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$882 million$1,021 million 16%BeatEarnings per share($0.35)($0.19)N/ABeatPlatform revenue$755 million$881 million 17%n/aFree cash flow$427 million$298 million-3...
The Motley Fool
Thu, May 1
Other
Motor racing-Piastri defends Norris after Jones's 'weak' jibe
By Matt MajendieMIAMI, May 1 (Reuters) - Oscar Piastri has leapt to the defence of McLaren teammate Lando Norris after the Briton was accused of being "weak" by ex-Formula One world champion Alan Jones.Jones lauded his fellow Australian as a future world champion after Piastri took the champ...
Reuters
Thu, May 1
Stocks
Amgen up after quarterly profit beat
** Shares of Amgen AMGN.O rise nearly 1% to $286.50 in aftermarket trading** Drugmaker reports Q1 adj. profit per share of $4.90, beating estimates of $4.30** Company's quarterly revenue up 9% to $8.1 billion** Says U.S. FDA has lifted its clinical hold on an early-stage trial of an experimental...
Reuters
Thu, May 1
Other
Trump administration files complaint against Illinois for encroaching on federal immigration authority
WASHINGTON, May 1 (Reuters) - U.S. President Donald Trump's administration has filed a complaint against Illinois, alleging that the state was encroaching on federal immigration authority, the U.S. Justice Department said on Thursday."This Department of Justice is committed to protecting Ame...
Reuters
Thu, May 1
Stocks
Airbnb Sees a Possible Travel Slowdown
Here's our initial take on Airbnb's (NASDAQ: ABNB) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsTotal revenue$2.14 billion$2.27 billion 6%BeatAdjusted earnings per share (EPS)$0.41$0.24-41%MetNights/experiences booked132.6 million143.1 million 8%n/a...
The Motley Fool
Thu, May 1
Forex
Ryan Specialty matches Q1 earnings forecast as organic growth accelerates to 12.9%
Organic growth of 12.9% in Q1 2025Adjusted Ebitdac increases 27.5% YoY to $200.5 millionAdjusted Ebitdac margin climbs 60 bps YoY to 29.1%Adjusted diluted EPS of $0.39 matches Wall Street consensusNet commissions and fees rise 25.7% YoY to $676.1 millionBy Chris MunroMay 1 - (The Insurer) – Ryan Spe...
Reuters
Thu, May 1
Other
Exchange operator Cboe appoints Craig Donohue as CEO
May 1 (Reuters) - Cboe Global Markets CBOE.Z on Thursday named financial markets veteran, Craig Donohue, as the exchange operator's new chief executive officer, effective May 7. Outgoing CEO Fredric Tomczyk, who announced his departure earlier this year, will remain on the company's board. ...
Reuters
Thu, May 1
Other
New CIA videos aim to lure Chinese officials
By Michael Martina WASHINGTON, May 1 (Reuters) - The CIA on Thursday rolled out two Chinese-language videos aimed at enticing officials in China to leak secrets to the U.S., the latest public effort by the intelligence agency to ramp up human intelligence gathering on Washington's strategic r...
Reuters
Thu, May 1
Other
Juniper reports rise in quarterly revenue on robust networking gear demand
May 1 (Reuters) - Juniper Networks JNPR.N reported an 11% rise in first-quarter revenue on Thursday, driven by steady demand from cloud customers for its networking equipment, fueled by the artificial intelligence boom.The Sunnyvale, California-based company posted revenue of $1.28 billion for the q...
Reuters
Thu, May 1
Commodities
USDA attache sees Canada wheat production rising 2% in 2025/26
May 1 (Reuters) - Following are selected highlights from a report issued on Thursday by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service post in Ottawa: "Production of wheat, corn, barley, and oats is forecast to increase 2% year-over-year to 62.7 million metric tons ...
Reuters
Thu, May 1
Stocks
Amazon: A Good Quarter but Some Concerns
Here's our initial take on Amazon's (NASDAQ: AMZN) financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$143.3 billion$155.7 billion9%BeatEarnings per share$0.98$1.5962%BeatAWS revenue$25.0 billion$29.3 billion0.17MissedAdvertising revenue$11.8 billion$13.9 billion19%BeatSome...
The Motley Fool
Thu, May 1
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