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U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Comex Gold, Silver Settle Lower
Gold settled 0.1% lower, down for three consecutive sessions, and silver edged down, falling two of the past three sessions.The Wall Street Journal - World -
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.The New York Times - Business -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
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 -
Women should give up vaping if they want to get pregnant, study suggests
Research finds hormone that indicates fertility at lower levels in vapers and tobacco smokers. Women should give up vaping if they are hoping to get pregnant, according to a study that suggests it may affect fertility.. In the first research to ...The Guardian - World -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Chuck Todd: How lower voter turnout could help Biden in November
NBC News Chief Political Analyst Chuck Todd discusses election interest hitting a new low and explains why lower voter turnout could help President Biden’s re-election campaign.NBC News - Politics - Joe Biden -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
NFL draft 2024 predictions: the stars, the needs and the lower-round gems
Our writers take a look at the best prospects coming out of college, and which teams needs to nail their picks over the coming days. It feels like a lock that it will be LSU’s Jayden Daniels, thought I wouldn’t put it past the Commanders to fall ...The Guardian - World - NFL -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
Consider This Advice Before You Raise or Lower Your Business's Prices
Mimicking your competitors' prices may not be the best strategy for building your bottom line.Inc. - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Cost of developing new drugs may be far lower than industry claims, trial reveals
Exclusive: MSF calls for transparency after its bill for a trial of TB treatment came to a fraction of the billions claimed by pharmaceutical companies. Doctors have for the first time released details of their spending on a major clinical trial, ...The Guardian - World -
US supreme court eyes returning Trump immunity claim to lower court after arguments
Justices appeared unlikely to grant request for absolute immunity from criminal prosecution to former president. Key takeaways from Trump immunity caseSign up for our free Trump on Trial newsletterThe US supreme court on Thursday expressed ...The Guardian - World - Donald Trump -
We're lowering our Honeywell price target after earnings. The risk-reward is still favorable
Honeywell's first-quarter results topped expectations. But its current-quarter outlook came up short, pressuring the stock.CNBC - Business -
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 -
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.CNBC - 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 -
Tesla's Plan for Lower-Priced Models Takes a Page From Detroit's Past Strategies
Automaking may be harder to disrupt on a wholesale basis, as Elon Musk shifts to incremental improvements and scraps plans for all-new designs.Inc. - Business -
Graham predicts Supreme Court will send Trump presidential immunity case to lower courts
Sen. Lindsey Graham (R-S.C.) predicted Sunday that the Supreme Court will send former President Trump's immunity case back to the lower courts. "Well, I think the court's gonna find that presidential immunity exists for President Trump like every ...The Hill - Politics - Donald Trump -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Exxon Mobil and Chevron posted lower first-quarter profits in part because of anemic natural-gas prices and refining margins, as their run of record-setting results tapers off.
Exxon Mobil and Chevron posted lower first-quarter profits in part because of anemic natural-gas prices and refining margins, as their run of record-setting results tapers off.The Wall Street Journal - World