Us Bancorp Results Lift Stock Price Despite Red Ink in Broad Market
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The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
Cardinal Health’s stock falls on mixed quarterly results
Cardinal Health’s shares fell premarket Thursday after the company reported mixed quarterly results but raised its full-year profit outlook.MarketWatch - Business -
New York Community Bancorp’s stock jumps more than 30% after reporting narrower-than-expected loss
New CEO Joseph Otting sees a “path to profitability” in the next two years.MarketWatch - Business - New York -
Tens of millions secretly using WhatsApp in countries that ban it
Will Cathcart reveals how many people are secretly using his app in countries where it is banned.BBC News - Top stories -
Why Super Micro’s stock is falling despite an upbeat growth outlook
One analyst’s price target implies 60% further downside, in part due to margin concerns, as AI competition heats up.MarketWatch - Business -
Norwegian Cruise’s stock falls after revenue missed, despite record bookings
Norwegian Cruise’s stock slumped Wednesday, after the cruise operator beat first-quarter profit expectations and raised its full-year outlook amid continued record demand, but missed revenue expectations for the first time in seven quarters.MarketWatch - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street begins May under pressure after a terrible April that broke five straight months of gains.CNBC - Business -
Should you take your stock market profits and run for the summer?
Stocks generally produce most of their returns during the six months of the year from Nov. 1 to April 30.MarketWatch - Business -
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
A screen of companies that have consistently raised their dividends, but have also done so at annual paces exceeding 10% over the past five years.MarketWatch - Business -
Jim Cramer's top 10 things to watch in the stock market Thursday
The S&P 500 looks higher Thursday, one day after the index surrendered its post-Fed meeting gains and closed modestly lower.CNBC - Business -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.CNBC - Business -
Jake Cronenworth's grand slam lifts the Padres to a 6-2 win against the Reds
Jake Cronenworth hit a tiebreaking grand slam in the seventh inning and Jurickson Profar had four hits for the San Diego Padres, who beat the Cincinnati Reds 6-2 to take two of threeABC News - Sports - MLB -
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Shares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the Medicare Advantage business weighed heavily on results.MarketWatch - Business -
Canada’s oil industry cuts reliance on US market as pipeline expands
Trudeau government completes C$34bn Trans Mountain project amid cost overruns and climate concernsFinancial Times - World -
Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
The veteran investor’s recipe: Find a good business with good management, buy the stock at a reasonable price and hold long-term.MarketWatch - Business -
Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Kobo Libra Colour Review: A Color E Ink Screen
Kobo’s latest e-reader introduces a color E Ink screen that brings graphic novels, children’s books, and your favorite book covers to life.Wired - Tech -
House passes antisemitism bill with broad bipartisan support amid campus arrests
The House on Wednesday passed a bill aimed at combating antisemitism as pro-Palestinian protests roil colleges across the United States.NBC News - Politics -
Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.MarketWatch - Business -
We’re all paying a high price for letting corporations have free rein over us
Deliberately weakening social protections has created greater financial and economic insecurity.MarketWatch - Business -
US cattle prices drop as traders fear bird flu outbreak could knock demand
Agriculture department has banned infected cattle from crossing state bordersFinancial Times - Business -
US cattle prices drop as traders fear bird flu outbreak could knock demand
Agriculture department has banned infected cattle from crossing state bordersFinancial Times - World