Earnings Results Ao Smith Leads S&p 500 Gainers after Better Than Expected Earnings and Upbeat Guidance
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Drugmaker Novartis climbs after guidance rise on sales of blockbuster drugs
Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.CNBC - Business -
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 -
U.S. Stocks Rise As Tech Leads Rebound
Technology shares drove broad gains to kick off a busy week of earnings and economic data.The Wall Street Journal - World -
Major U.S. stock indexes increased ahead of a spate of big earnings reports, with the S&P 500, Nasdaq and Dow gaining 1.2%, 1.6% and 0.7%, respectively.
Major U.S. stock indexes increased ahead of a spate of big earnings reports, with the S&P 500, Nasdaq and Dow gaining 1.2%, 1.6% and 0.7%, respectively.The Wall Street Journal - World -
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 -
Texas Instruments’ stock is on the rise after strong results, guidance
Texas Instruments Inc.’s stock immediately jumped nearly 8% in extended trading Tuesday after the semiconductor company rang up better-than-expected quarterly results and guidance.MarketWatch - Business -
Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.
Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.The Wall Street Journal - World -
Big Tech Leads Market Rally Ahead of Earnings
Investors breathed a sigh of relief as Treasurys and oil prices stabilized.The Wall Street Journal - World -
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 -
Here are the S&P 500 levels to watch if the pullback continues
The S&P 500 may not be over, say these strategistsMarketWatch - Business -
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 -
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 -
Why S&P 500’s ‘roller coaster’ Monday may bode well for stocks, according to Bespoke
U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently has followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group.MarketWatch - Business -
S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears
The U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this month on fears that a robust economy is helping to keep inflationary pressures alive.MarketWatch - Business -
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 -
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 -
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 -
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 -
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 -
UPS’ stock rises after profit extends long streak of beats as deliveries improve
UPS’s stock rallied Tuesday, after the package delivery giant beat first-quarter profit expectations, even as it once again reported revenue that fell below forecasts.MarketWatch - Business -
Democrats Upbeat After Sudden Wins on Ukraine Aid and Auto Workers
Biden is lagging behind in key polls but Democrats are hopeful that recent policy victories will set up a sharper contrast with Trump.The Wall Street Journal - World - Ukraine -
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 -
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 -
2-year Treasury yield falls to lowest in over a week on signs U.S. economy is losing momentum
Yields on U.S. government debt finished slightly lower on Tuesday after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
I invested half of my son’s inheritance with a 13.5% return. A major broker underperformed the S&P 500 with the rest. Should I take over all his assets?
“Am I letting my ego get in the way?”MarketWatch - Business -
Singapore's Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings steady.The Wall Street Journal - World -
Better-Than Team for 2024 NFL Draft: Here are the prospects Pete Prisco likes more than scouts do
Utah do-it-all safety Sione Vaki captains Prisco's 2024 Better-Than TeamCBS Sports - Sports - NFL -
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