Earnings Results: Big Lots’ stock tumbles toward 32 year low after losses nearly double forecasts, dividend is suspended
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Spanish PM considers quitting as wife faces corruption investigation
Pedro Sánchez says he will announce decision on his political future next weekFinancial Times - Business -
TikTok reward-to-watch feature suspended after EU threats to block it
Service suspended in France and Spain amid safety and addiction concerns among children, in first use of new digital laws. A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the company shortly after ...The Guardian - World - Tiktok -
Stocks are tumbling. But these 2 portfolio holdings should be defying the slide
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Microsoft's bullish PC outlook makes us want to buy more of this electronics retailer
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback
Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.CNBC - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
The Lakers ran back a roster the Nuggets swept and somehow expected a different result a year later
The outcome of the Lakers vs. Nuggets series has been extremely predictableCBS Sports - Sports - NBA -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity
Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.CNBC - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Spain’s PM suspends public duties to ‘reflect’ on future after wife is targeted by judicial probe
Spain's Prime Minister Pedro Sanchez said he would step back from public duties after a court launched a business corruption probe into his wife’s dealings.NBC News - Top stories -
Burkina Faso suspends BBC and Voice of America after they covered a report on mass killings
Burkina Faso has suspended the BBC and Voice of America radio stations for their coverage of a report by Human Rights Watch on a mass killing of civilians carried out by the country’s armed forcesABC News - World -
2024 NFL Draft Final Big Board: Malik Nabers as WR1, 6 CBs in the top 32, Chop Robinson holds EDGE1 and more
Here's my list of the top 283 prospects in the 2024 draft classCBS Sports - Sports - NFL -
NFL Draft 2024: Ranking all 32 first-round picks as Bears score big; Eagles, Lions get CB steals
All the first-round picks ranked by fit and selectionCBS Sports - Sports - NFL -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
Global battery rollout doubled last year – but needs to be six times faster, says IEA
Energy watchdog warns pace must accelerate to hit targets after new batteries increased capacity by 130%. The rollout of batteries across the global electricity industry more than doubled last year but will need to be six times faster if the world ...The Guardian - World -
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.CNBC - Business -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.CNBC - Business - Japan -
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback.NBC News - Top stories - Japan -
Yen slumps to fresh 34-year low as Bank of Japan stands pat with no sign of intervention
The Japanese yen fell to a fresh 34-year low versus the U.S. dollar after the Bank of Japan left monetary policy unchanged and gave little indication that intervention to support the currency was imminent.MarketWatch - Business -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - World -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - Business -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Alphabet joins the $2 trillion market-cap club — and could vault above Nvidia
The Google parent put “doomsday AI search share-loss fears” to bed with its latest earnings report.MarketWatch - Business -
Van Dijk questions desire of team-mates after loss
Liverpool captain Virgil van Dijk questions his side's desire to win the Premier League after a damaging defeat against Merseyside rivals Everton.BBC News - Top stories -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
Rubrik’s stock pops in IPO debut as CEO sees big opportunity in data protection
Rubrik seemed to check off the right boxes for investors Thursday as its stock surged in its public debut.MarketWatch - Business -
Royal Caribbean sees record bookings as demand for experiences and travel grow
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Mitch McConnell Wants Military Buildup After Big Win on Ukraine Aid
The Senate minority leader is pushing to boost military spending to confront China, Iran, Russia as he prepares to leave his post.The Wall Street Journal - World - Ukraine