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BREAKINGVIEWS-Meta’s magnificence threatened by trade clash
By Jennifer SabaNEW YORK, April 30 (Reuters Breakingviews) - Social media is about to endure some tariff-related doomscrolling. Meta Platforms META.O, the owner of Instagram and Facebook, relies on Chinese advertisers for 10% of its top line while producers of everyday goods from laundry detergent ...Reuters
Wed, Apr 30
Other
Mid-America Apartment misses first quarter FFO estimates on weak rental demand
April 30 (Reuters) - Mid-America Apartment Communities MAA.N missed first-quarter adjusted funds from operations (FFO) estimates on Wednesday, hurt by weak rental demand in its key markets due to increased supply.The company, which counts cities such as Austin, Memphis and Phoenix as its key markets...Reuters
Wed, Apr 30
Economic Indicator
Host Hotels & Resorts beats Q1 results on strong pricing, Maui recovery
April 30 (Reuters) - Real estate investment trust Host Hotels & Resorts HST.O reported first-quarter adjusted funds from operations (FFO) above analysts' expectations on Wednesday, driven by higher pricing and a recovery in Maui.Shares of the company were up 1.9% in extended trading. Strong ...Reuters
Wed, Apr 30
Other
Consumption at Walmart's Mexico unit picking up in second quarter
MEXICO CITY, April 30 (Reuters) - Consumption and foot traffic at Walmart's Mexico unit WALMEX.MX has begun to pick up in the second quarter, the firm's finance chief said on Wednesday."As we look to April, we already see improvements in terms of consumption ... on a like-for-like ba...Reuters
Wed, Apr 30
Other
Carl Haney, Executive Vice President, Global Innovation And Research & Development To Depart The Estée Lauder Companies
April 30 (Reuters) - Estee Lauder Companies Inc EL.N:CARL HANEY, EXECUTIVE VICE PRESIDENT, GLOBAL INNOVATION AND RESEARCH & DEVELOPMENT TO DEPART THE ESTÉE LAUDER COMPANIESReuters
Wed, Apr 30
Other
MetLife first-quarter profit rises on strong investment gains; launches $3 billion buyback
April 30 (Reuters) - Insurer MetLife MET.N reported a nearly 5% rise in first-quarter profit on Wednesday, driven by higher premiums and investment income, and announced a share buyback.Economic uncertainty and increased risk from cyber attacks, natural disasters and global war have sustained insura...Reuters
Wed, Apr 30
Stocks
Qualcomm forecasts Trump tariffs will dent revenue, shares fall 6%
Qualcomm shares, down about 3% YTD, drop another 6% after hoursQualcomm SEC filing says company uncertain about tariff effectsMidpoint of profit forecast range would top estimatesBy Arsheeya Bajwa and Max A. Cherney April 30 (Reuters) - Mobile chip designer Qualcomm on Wednesday forecast thir...Reuters
Wed, Apr 30
Stocks
3 Brilliant High-Yield Stocks to Buy Now and Hold for the Long Term
If you are a dividend investor looking for high yields today, you may want to consider companies that provide energy in some form. Modern society can't exist without reliable sources of energy and, thus, energy companies are providing a basic necessity. That said, there are different ways to go abou...The Motley Fool
Wed, Apr 30
Other
Senior Ukrainian official signs agreement signed on U.S.-Ukraine Reconstruction Fund
April 30 (Reuters) - A senior Ukrainian official said on Wednesday that she had signed an agreement on creating a U.S.-Ukraine Reconstruction Investment Fund which would allow both countries to expand their economic potential and also contribute to Ukraine's security."Together with the Unite...Reuters
Wed, Apr 30
Other
Prudential Financial profit rises on US business strength
April 30 (Reuters) - Prudential Financial PRU.N reported a rise in first-quarter profit on Wednesday, bolstered by strong underwriting at the insurer's U.S. unit which offset declines in its investment management business. Market uncertainty sparked by U.S. President Donald Trump's tariff p...Reuters
Wed, Apr 30
Stocks
Globe Life's first-quarter profit misses estimates, shares fall
April 30 (Reuters) - Life and supplemental health insurance firm Globe Life GL.N missed Wall Street estimates for first-quarter profit on Wednesday, as lower-than-expected underwriting income weighed on earnings, pushing its shares down 4.7% in extended trading. Insurance products can help cust...Reuters
Wed, Apr 30
Other
Trump suggests US may not give more grants to Harvard University
WASHINGTON, April 30 (Reuters) - U.S. President Donald Trump suggested on Wednesday his administration may not be giving any more grants to Harvard University going forward."And it looks like we are not going to be giving them any more grants, right Linda?" Trump said in remarks on Wednesday...Reuters
Wed, Apr 30
Other
Public Storage guides 2025 FFO below consensus as costs rise
April 30 (Reuters) - Public Storage PSA.N forecast full-year funds from operations (FFO) marginally below Wall Street estimates on Wednesday, as lower occupancy and higher expenses weighed on the Real Estate Investment Trust (REIT).The California-based company expects its 2025 annual core FFO betwee...Reuters
Wed, Apr 30
Stocks
2 Millionaire-Maker Electric Vehicle (EV) Stocks
There's no doubt that investors can make millions of dollars by investing in electric car stocks. Just ask long-term holders of Tesla (NASDAQ: TSLA). Despite heavy ups and downs over the years, shares are up by more than 22,000% since 2010.Looking for the next Tesla? The two EV stocks below are for ...The Motley Fool
Wed, Apr 30
Stocks
Regional Management Corp reports results for the quarter ended March 31 - Earnings Summary
Regional Management Corp RM.N reported quarterly adjusted earnings of 70 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.56. The mean expectation of six analysts for the quarter was for earnings of 73 cents per share. Wall...Reuters
Wed, Apr 30
Stocks
Acres Commercial Realty Corp reports results for the quarter ended March 31 - Earnings Summary
Acres Commercial Realty Corp ACR.N reported a quarterly adjusted loss of 86 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of two analysts for the quarter was for earnings of 53 cents per share...Reuters
Wed, Apr 30
Other
KLA forecasts fourth-quarter results above estimates on steady demand for chipmaking tools
April 30 (Reuters) - Chipmaking equipment supplier KLA Corp KLAC.O forecast fourth-quarter revenue and profit above Wall Street estimates on Wednesday, indicating robust demand for its advanced chips that support artificial intelligence workloads.The company also postponed its investor day, which o...Reuters
Wed, Apr 30
Other
Everest swings to underwriting loss of $104 million in Q1 on higher cat losses
Operating EPS of $6.45 misses $7.59 consensus, down from $16.32 in Q1 2024102.7% combined ratio compares with 88.8% in Q1 2024$472 million of pre-tax cat losses up from $85 million in Q1 2024Washington, D.C. aviation losses contribute 2.0 points to attritional loss ratioGWP drops 0.5% to $4.39 billi...Reuters
Wed, Apr 30
