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Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.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 -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Heat let it fly, torch Celts from deep in G2 upset
Miami caught fire Wednesday night by hitting a playoff franchise-record 23 3-pointers to even the series at 1-1.ESPN - Sports -
Trump tops Biden by just two points in new Florida poll
Former President Trump in a new poll is leading President Biden by just two points in his home state of Florida, which is a longtime swing state but has been seen as relatively safe territory for Republicans in recent elections. The poll from the ...The Hill - Politics - Joe Biden -
WWA Study Points to Role of Hot Oceans in Recent Dubai Floods
An international team of researchers found that heavy rains were intensifying in the region, though they couldn’t say for sure how much climate change was responsible.The New York Times - Science -
Comments by Anthony Davis, Darvin Ham point to growing frustration among Lakers
A win on Thursday night in Game 3 would ease some of that tension, but a loss... yikes.Yahoo Sports - Sports - NBA -
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 -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - 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 - Business -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
Why Microsoft’s earnings are all about ‘surviving and advancing’
Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.MarketWatch - Business -
Shai Gilgeous-Alexander's 33 points lead Thunder past Pelicans 124-92 as OKC takes a 2-0 lead
Shai Gilgeous-Alexander scored 33 points and the Oklahoma City Thunder beat the New Orleans Pelicans 124-92 to take a 2-0 lead in their first-round Western Conference playoff seriesABC News - Sports - NBA -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Joel Embiid scores 50 points to lead 76ers past Knicks 125-114 to cut deficit to 2-1
Joel Embiid scored 50 points, making all four 3-point attempts and scoring 18 in a potential series-shifting third quarter on Thursday night to lead the Philadelphia 76ers to a 125-114 win over the New York Knicks in Game 3 of their Eastern ...ABC News - Sports - NBA -
3 observations after Embiid explodes for 50 points, lights up Knicks in Game 3 win
Joel Embiid lit up the Knicks for a playoff career-best 50 points Thursday night and the Sixers earned a 125-114 Game 3 victory at Wells Fargo Center.Yahoo Sports - Sports - NBA -
76ers star Joel Embiid confirms Bell's palsy diagnosis after 50-point game vs. Knicks: 'It's been tough'
Embiid has been dealing with the condition for more than a weekCBS Sports - Sports - NBA -
76ers vs. Knicks: Joel Embiid's flagrant foul nearly ended Philly's season; his 50-point eruption saved it
With the season effectively on the line, an ailing Embiid deliveredCBS 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 -
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 -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Tesla’s Earnings Highlight the Company’s Biggest Problem. It’s a Cautionary Tale for Every Leader
Be careful making promises you might not be able to keep.Inc. - 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 -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.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 -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Macron warns of Europe’s ‘mortal’ threat and how UK’s ‘levelling up’ failedFinancial Times - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Macron warns of Europe’s ‘mortal’ threat and how UK’s ‘levelling up’ failedFinancial Times - 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 -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
Millions more Americans could become eligible for overtime pay.NBC News - Top stories