Earnings Outlook Amd Earnings Face Even More Scrutiny after Astonishingly Bad Intel Outlook
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GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - World -
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - Business -
GM lifted its profit outlook for the year as the automaker reported a 24% rise in first-quarter earnings driven by solid U.S. sales of pickup trucks.
GM lifted its profit outlook for the year as the automaker reported a 24% rise in first-quarter earnings driven by solid U.S. sales of pickup trucks.The Wall Street Journal - World -
Big Tech Faces Earnings Test After Market Rout
The Magnificent Seven stocks lost nearly $1 trillion in combined market value last week, increasing pressure on the group to deliver.The Wall Street Journal - World -
Big Tech Faces Earnings Test After Market Rout
The Magnificent Seven stocks lost nearly $1 trillion in combined market value last week, increasing pressure on the group to deliver.The Wall Street Journal - World -
Tire toxicity faces fresh scrutiny after salmon die-offs
Tires emit huge volumes of particles and chemicals as they roll along the highway, and researchers are only beginning to understand the threat. One byproduct of tire use, 6PPD-q, is in regulators' crosshairs after it was found to be killing fish.CBS News - Top stories -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook
JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.CNBC - Business -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
Tesla to Posts Earnings After Tough Start to Year
The automaker is set to report its results after the market closes. Dour analyst projections on sales and profit reflect its rough start to 2024.The Wall Street Journal - World - Tesla -
Tesla to Post Earnings After Tough Start to Year
The automaker is set to report its results after the market closes. Dour analyst projections on sales and profit reflect its rough start to 2024.The Wall Street Journal - World - Tesla -
Meta faces ‘extraordinarily high expectations.’ Can earnings clear the bar?
Things are going swimmingly for Facebook’s parent company as it prepares to report first-quarter results on WednesdayMarketWatch - Business -
Novartis shares jump as drugmaker boosts outlook
Novartis shares rallied on Tuesday as the Swiss drugmaker raised its outlook for the year after seeing strong demand for heart and psoriasis drugs.MarketWatch - Business -
Spotify Makes Progress on Profitability Push
Spotify came up short on user growth, but swung to a profit in the first quarter, delivering a mixed earnings report as it works to achieve consistent profitability this year.The Wall Street Journal - World -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025
Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.CNBC - Business - Tesla -
Visa’s stock gains after earnings, as one simple message resonates
Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings beat and showed off continued growth in spending.MarketWatch - Business -
Banker to British mid-caps warns of bleak outlook for London market
Peel Hunt chief says dearth of IPOs is ‘starting to bite quite hard’Financial Times - Business -
Enphase’s stock slumps as outlook miss reflects solar’s ongoing struggles
Enphase Energy came up short with its latest outlook on Tuesday, and its shares were slumping in the extended session.MarketWatch - Business -
Facing revenue headwinds, Air New Zealand cuts fiscal-year earnings guidance
Air New Zealand warned on profits on Monday as it grapples with revenue headwinds in its home market and in North America.MarketWatch - Business - New Zealand -
Caitlin Clark’s pro salary exposes an undeniable economic reality separating the WNBA and NBA
Despite record ratings, women's basketball still struggles financially, leaving players far behind their male counterparts in compensation. Why is this happening?NBC News - Top stories - WNBA -
General Motors raises 2024 guidance after big first-quarter earnings beat
GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said.CNBC - Business -
GE Aerospace’s stock leaps toward a 16-year high after earnings beat forecasts
Shares of GE Aerospace got a boost premarket Tuesday as quarterly profit and revenue — including results before the spinoff of GE Vernova was completed — rose above expectations.MarketWatch - Business -
Philip Morris’s stock pulls back premarket as profit beats expectations but outlook misses
Philip Morris’ stock pulled back premarket Tuesday, after the seller of cigarettes and heated tobacco units beat first-quarter profit expectations but provided a downbeat second-quarter outlook.MarketWatch - Business -
Larger properties drive UK asking prices to near-record high
Rightmove data comes against a backdrop of recent volatility in mortgage marketFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
Five Key Takeaways from the Earnings
Tesla spent much of its earnings call Tuesday shifting attention away from its rough first-quarter results by highlighting the carmaker’s efforts in other technologies—particularly self-driving cars.The Wall Street Journal - World -
Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.
Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.The Wall Street Journal - World -
‘It smells really bad’: Vafaei criticises Crucible after crashing out to Trump
Iranian urges investment for venue to retain hosting rightsJudd Trump eases through with comfortable 10-5 victory Hossein Vafaei strongly criticised the conditions at the Crucible after crashing out of the World Snooker Championship in a 10-5 ...The Guardian - World - Donald Trump -
Insurer Earnings Make Hospital Investors Sweat
Better-than-expected medical costs for insurers are putting pressure on hospital stocks.The Wall Street Journal - World -
DNB Earnings Supported by Corporate Market and Strong Economy
DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.The Wall Street Journal - World -
DNB Earnings Supported by Corporate Market and Strong Economy
DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.The Wall Street Journal - Business -
Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply
The company’s shares rose in after-hours trading following news that the EV maker is looking to bring new models to market sooner than previously planned.The Wall Street Journal - World - Tesla