Earnings Results Verizon Ceo Says He Won T Sacrifice Financials for Volumes As Stock Claws Back
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Spotify Makes Progress on Profitability Push, but User Growth Slows
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 -
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 -
Verizon’s stock heads for first post-earnings drop since 2022 despite subscriber beat
Verizon lost fewer net postpaid phone subscribers than expected in the latest quarter, as consumer gross additions ticked up and churn improved.MarketWatch - Business -
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 -
Big Stocks Won When Markets Rose. They Are Winning Again in the Selloff.
High rates and war fears hit smaller stocks harder—driving an unusual split in two of the major U.S. indexes.The Wall Street Journal - World -
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 -
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 send its stock charging higher
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 -
Trump Media CEO says he’ll do ‘whatever it takes’ to defend DJT investors from short sellers
President Biden mocked Donald Trump for Trump Media's stock decline in a Pennsylvania speech.CNBC - Business - Donald Trump -
'Big change' in global growth is bullish for commodities including copper, says VanEck CEO
VanEck CEO Jan van Eck thinks the commodities' rally has more room to run.CNBC - Business -
Emirates CEO issues apology after Dubai flood chaos; says airline has 30,000 suitcases to return
"We know our response has been far from perfect. We acknowledge and understand the frustration of our customers," Emirates Airline CEO Tim Clark wrote.CNBC - Business -
Recently arrested Morgan Wallen says he's "not proud" of behavior
Country music star Morgan Wallen says he’s “not proud” of his behavior and accepts responsibility after being charged following accusations that he threw a chair off the rooftop of a six-story barABC News - Entertainment -
NYC Mayor says he's 'horrified' by antisemitism at Columbia University protests
Sunday saw the fifth consecutive day of protests at Columbia University, where over 100 people have been arrested.ABC News - Top stories -
Recently arrested Morgan Wallen says he's 'not proud' of behavior
NASHVILLE, Tenn. — Country music star Morgan Wallen, who faces charges stemming in part from accusations that he threw a chair off the rooftop of a six-story bar, says he’s “not proud” of his behavior and accepts responsibility.NBC News - Top stories -
Trump says RFK Jr. will hurt Biden. In private, he’s not so sure.
After mostly ignoring Kennedy earlier, Trump has stepped up his efforts to brand the independent candidate as left-wing and make him Biden’s problem.NBC News - Top stories - Donald Trump -
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 -
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 -
Akzo Nobel Beats Views as Sales Volumes Rise
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.The Wall Street Journal - World -
Akzo Nobel Beats Views as Sales Volumes Rise
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.The Wall Street Journal - Business -
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 -
Max Scherzer injury: Rangers ace could begin rehab assignment this week, says he's 'ramping up like normal'
Scherzer has not yet pitched since back surgery in DecemberCBS Sports - Sports -
Anthony Rendon lands on IL just as Angels veteran says he 'was getting into a groove' after early struggles
Rendon suffered a left hamstring strain legging out an infield single SaturdayCBS Sports - Sports -
Sen. Sullivan says he 'can't guarantee' Ukraine aid will continue if Trump wins reelection
Sen. Dan Sullivan (R-Alaska) on Sunday said he cannot "guarantee anything" when asked if the U.S. would continue to support Ukraine if former President Trump wins reelection in November. Asked on CBS News's "Face the Nation" whether he can ...The Hill - Politics - Donald Trump -
Lakers' Anthony Davis says he's NBA's best defender, but won't win DPOY because 'the league doesn't like me'
Davis was not among the finalists for the honor this seasonCBS Sports - Sports - NBA -
2024 NFL Draft: Michael Penix Jr. says he's 'cut from the same fabric' as these NFL greats in letter to GMs
The quarterback could be a first-round pick ThursdayCBS Sports - Sports - NFL -
After arrest, Morgan Wallen says he's 'not proud' of tossing chair off bar's sixth floor
Country star Morgan Wallen says he accepts responsibility after a chair-throwing incident at a bar in Nashville resulted in his arrest earlier this month.Los Angeles Times - Entertainment -
Yankees manager Aaron Boone is ejected 5 pitches into a game. He says a fan berated the umpire
New York Yankees manager Aaron Boone was ejected by Hunter Wendelstedt five pitches into a game against the Oakland Athletics over a remark from a fan behind the dugout aimed at the plate umpireABC News - Sports - MLB -
Patriots owner Robert Kraft says he's 'not comfortable' donating to Columbia amid protests
New England Patriots owner Robert Kraft signaled Monday he will no longer donate to Columbia University as pro-Palestinian protests continue at his alma mater for the sixth day. In a statement issued through his Foundation to Combat Antisemitism, ...The Hill - Politics - NFL -
Orlando's Jalen Suggs says he's ready for Game 3 after shaking off knee injury in loss to Cavs
Jalen Suggs made a stunning comeback for Orlando in Game 2ABC News - Sports -
Cardinal Health’s stock falls after company says contract with OptumRx will not be renewed after June
Drug distributor backs fiscal 2024 profit guidance despite end of contract that generated 16% of its revenue last year.MarketWatch - Business -
History says stock-market dips caused by geopolitical turmoil ‘should be bought, not sold’: BofA strategists
Recent geopolitical tensions in the Middle East are offering dip-buying opportunities for investors, according to BofA Global Research.MarketWatch - Business