Earnings Results Lululemon Stock Jumps on Sales Forecast As China S Reopening Helps Results
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Kimberly-Clark’s stock jumps 5.7% as company sweeps past earnings estimates
Kimberly-Clark Corp.’s stock rose 5.7% early Tuesday, after the parent to consumer brands including Huggies diapers and Scott and Kleenex tissues beat profit and sales estimates for the first quarter.MarketWatch - Business -
Pro-China President Muizzu's party sweeps Maldives parliamentary elections, preliminary results say
Maldives President Mohamed Muizzu’s political party has swept parliamentary elections in a strong endorsement of his pro-China foreign policyABC News - World - China -
Pro-China President Muizzu's party sweeps Maldives parliamentary elections, preliminary results say
Yahoo News - World - China -
Verizon Results Boosted by Price Increases
Revenue rose slightly last quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Tesla shareholders braced for worst results in 7 years
Investors want to know whether electric-car maker is in the midst of a major change in directionFinancial Times - Business - Tesla -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - World -
Verizon Communications Results Lifted by Price Hikes
Verizon Communications’ revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.The Wall Street Journal - Business -
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 -
Apple’s removal of WhatsApp in China reopens debate over user freedom
The removal of WhatsApp and Threads from Apple's China App Store puts this revenue stream at risk, as it may signal further restrictions on Meta's ability to capture advertising dollars from Chinese companies looking to expand globally.VentureBeat - Tech - China -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Business -
New-home sales post biggest jump since December 2022
New-home sales were at a 693,000 annual rate in March, compared with 637,000 in February.MarketWatch - 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 -
Macro forecasting for stocks can damage a portfolio, says Oaktree’s Howard Marks
Investors who wish to make above market average returns should not rely on macro forecasting because “it can be worse than neutral” and “damaging in its effect” to portfolios, according to Howard Marks.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 -
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
An artisan roastery based in the Finnish capital has introduced a coffee blend that has been developed by artificial intelligence in a trial in which it’s hoped that technology can ease the workload in a sector that traditionally prides itself on ...ABC News - Tech -
NASCAR at Talladega qualifying results, starting lineup: Michael McDowell wins pole; Kyle Larson penalized
McDowell breaks Larson's streak of consecutive poles as the No. 5 is forbidden from making a lapCBS Sports - Sports - NASCAR -
Devin Haney vs. Ryan Garcia: Results, highlights, fight card, winners, complete guide
Garcia scored one of the biggest upsets of the year in taking out the former undisputed championCBS Sports - Sports -
Devin Haney vs. Ryan Garcia fight results, takeaways: 'King Ry' makes the bizarre mind games work for him
Garcia also showed some growth from his loss to Gervonta Davis as both fighters' reputation took interesting hitsCBS Sports - Sports -
UFL 2024 schedule, scores: Times, dates, results for regular season and playoffs of new United Football League
Here's a look at the full 2024 UFL season scheduleCBS Sports - Sports - NFL -
Devin Haney vs. Ryan Garcia full results: Garcia upsets Haney by majority decision
Many were concerned for Garcia's mental well-being ahead of the fight. Haney should have been more concerned with Garcia's massive left hand.Yahoo Sports - Sports -
2024 NBA playoffs bracket, scores, results: Knicks and Nuggets rally to take 2-0 first-round leads
The NBA playoff bracket is set with 16 teams in the running for the Larry O'Brien TrophyCBS Sports - Sports - NBA -
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 -
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 -
Technology stocks show signs of ‘breaking down’ ahead of Big Tech earnings
Technology stocks are broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group.MarketWatch - Business -
What Apple investors should make of stock’s ‘tricky setup’ ahead of earnings
Investors don’t necessarily need to “step in front of” earnings, but BofA says they could buy any pullback ahead of the “biggest WWDC ever.”MarketWatch - Business - Apple -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Electric cars switch out of fast lane
Also in this newsletter: sharp increase in military spending, Exxon speaks out to defend plastics, flying taxisFinancial Times - World -
GM’s blowout earnings show ‘long-awaited turnaround appears to be under way’
In a letter to shareholders, Chief Executive Mary Barra said the car maker is seeing “good early sales momentum” for EVs such the Cadillac Lyriq as it benefits from “scale, material cost and mix improvements.”MarketWatch - Business -
PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales
PepsiCo's volume and sales growth were better in most international markets than in its North America markets.CNBC - Business -
Earn Alliance launches Challenges to help with Web3 game discovery
Earn Alliance, the Web3 game aggregator and discovery platform, has launched a new discovery tool dubbed Challenges.VentureBeat - Tech -
Apple iPhone sales tumbled in China in first quarter, research firm says
Apple iPhone sales tumbled in China during the first quarter, a research firm said Tuesday.MarketWatch - Business - Apple -
Apple iPhone Sales Slump in China Amid Huawei's Comeback
Apple’s smartphone sales in the world’s largest smartphone market dropped sharply, placing the company third overall behind local rivals, Vivo and Honor.The Wall Street Journal - Tech - Apple -
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 -
4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well
Club names Morgan Stanley was No. 1 and Wells Fargo was No. 3, according to Jim Cramer's analysis.CNBC - Business