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Wed 04 May 2022, 04:56AM | German regulator imposes tougher rules on Facebook owner Meta | Germany's cartel office said that Meta Platforms Inc, the owner of Facebook, has "paramount significance for competition across markets", a classification which gives the regulator more leeway to curb digital companies' market power. Under legislation introduced by German lawmakers in early 2021, the cartel office can ban what it deems to be anti-competitive activities. Meta, which also owns Instagram and WhatsApp, operates a strong, ad-supported social media ecosystem that continues to expand and is used by a large portion of the population in Germany, the cartel office said in a statement on Wednesday. | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | 0.04626 |
Wed 04 May 2022, 04:56AM | Zacks Investment Ideas feature highlights: Shopify and Amazon | Shopify and Amazon have been highlighted in this Investment Ideas article. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -1.728101 |
Wed 04 May 2022, 04:31AM | Elon Musk Floats Idea of ‘Slight Cost’ for Commercial Twitter Users | 'Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,' Musk says in a tweet. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -0.306129 |
Wed 04 May 2022, 03:45AM | Lyft, Match Group, Yum! Brands Fall Premarket; Starbucks, AMD, Airbnb Rise | By Peter Nurse | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 5.350905 |
Wed 04 May 2022, 03:45AM | Lyft, Match Group, Yum! Brands Fall Premarket; Starbucks, AMD, Airbnb Rise | By Peter Nurse | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 1.476632 |
Wed 04 May 2022, 03:03AM | Amazon to cover employee travel costs for abortions, other treatments | The announcement came before Politico broke news Monday on a leaked U.S. Supreme Court draft majority opinion that supports the overturning of Roe v. Wade. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -3.164568 |
Wed 04 May 2022, 02:37AM | PRESS DIGEST- New York Times business news - May 4 | The following are the top stories on the New York Times business pages. - Microsoft Corp's LinkedIn, the professional networking platform, has reached an agreement with the U.S. Department of Labor to pay $1.8 million to female employees who the agency said received far less compensation than their male colleagues from 2015 to 2017, the department said on Tuesday. - Starbucks Corp announced Tuesday that it was raising pay and expanding training at corporate-owned locations in the United States. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.801895 |
Wed 04 May 2022, 02:24AM | Howard Schultz rolls out wage boost for Starbucks workers as union efforts gain steam | Interim CEO Howard Schultz, in his first call with investors since returning to the company's helm last month, announced new worker benefits that would be available only at nonunion stores. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 5.949184 |
Wed 04 May 2022, 12:05AM | Elon Musk Has a Fascinating Idea to Make Money on Twitter | Elon Musk hears criticism and never hesitates to respond to it. Like a boxer taking the blows of his opponent in the first rounds of a boxing match, the billionaire tends to have phases of observation. The whimsical CEO of Tesla has made a takeover bid of $44 billion, or $54.20 per Twitter share, to buy the social network which he describes as the "de facto town square" of the internet. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.791466 |
Wed 04 May 2022, 12:00AM | Advanced Micro Devices (AMD) Q1 2022 Earnings Call Transcript | It's now my pleasure to turn the call over to Laura Graves, corporate vice president, investor relations. Laura, please go ahead. Today, we will discuss AMD first quarter results, including partial quarter contributions from the acquisition of Xilinx, which closed on February 14, 2022. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.813149 |
Wed 04 May 2022, 12:00AM | BlackRock targets ‘industrial renaissance’ with new ETFs | The two iShares ETFs are the manager’s first retail products to offer exposure to blockchain and agriculture technologies | BLK | BlackRock, Inc. | Financial Services | Asset Management | 1.108537 |
Tue 03 May 2022, 11:30PM | J&J; Snack Foods (JJSF) Q2 2022 Earnings Call Transcript | Thank you for joining the J&J Snack Foods fiscal 2022 second-quarter conference call. This call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made on this call that do not relate to matters such historical fact should be considered forward-looking statements, including statements regarding management's plans, strategies, goals and objectives, our anticipated financial performance, industrywide supply constraints and the expected impact of COVID-19 on our business. | JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers—General | -0.05048 |
Tue 03 May 2022, 10:34PM | Elon Musk suggests ‘slight cost’ for Twitter’s commercial and government users | Elon Musk said that under his ownership, Twitter Inc. may charge "a slight cost" for commercial and government accounts. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.791466 |
Tue 03 May 2022, 09:33PM | Coinbase Backs Bitcoin Loans for Wall Street Bank Goldman | U.S. crypto exchange Coinbase will be working with Wall Street investment bank Goldman Sachs to bring money from the financial institution into the crypto asset sector. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | 0.238315 |
Tue 03 May 2022, 09:25PM | Activision CEO Can Pocket Over $500 Million After Microsoft Deal | When it comes to the video game industry, all eyes have been on Activision Blizzard for the last year. The publisher of multiple titles that rake in millions, such as "Overwatch" and "World of Warcraft," was the target of multiple sexual harassment allegations in 2021. Employees called for CEO Bobby Kotick's resignation, saying he was unfit to continue to lead the company. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.801895 |
Tue 03 May 2022, 08:53PM | Starbucks Stock Perks Up. Sales Are Climbing in North America. | Global same-store sales at Starbucks climbed a better-than-expected 7%, driven by a 12% increase in North American comparable sales. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 5.949184 |
Tue 03 May 2022, 08:53PM | Starbucks Stock Perks Up. Sales Are Climbing in North America. | Global same-store sales at Starbucks climbed a better-than-expected 7%, driven by a 12% increase in North American comparable sales. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 3.284062 |
Tue 03 May 2022, 08:43PM | UPDATE 3-Musk says Twitter may charge slight fee for commercial, government users | Elon Musk said on Tuesday Twitter Inc might charge a "slight" fee for commercial and government users, part of the billionaire entrepreneur's push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc's Facebook. "Twitter will always be free for casual users, but maybe a slight cost for commercial/government users," Musk said in a tweet. "Some revenue is better than none!" he added in another tweet. | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | -1.353388 |
Tue 03 May 2022, 08:23PM | AMD will finally give investors its data-center data as business soars | Advanced Micro Devices Inc.'s data-center business performed so well in the first quarter that the chip maker decided it will break out that business next quarter. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.813149 |
Tue 03 May 2022, 07:51PM | Union seeks renewed talks with Chevron in California refinery strike | The United Steelworkers union (USW) seeks this week to renew talks with Chevron Corp over a six-week-old strike at the company's Richmond, California, refinery, said a USW official. "We are going for a meeting this week," said B.K. White, first vice president of USW Local 12-5, which represents 500 workers who went on strike on March 21 after rejecting for a second time a Chevron contract proposal. Chevron has reached agreement with unions at three U.S. refineries and one fuel and lubricant additives plant, said company spokesperson Tyler Kruzich. | CVX | Chevron Corporation | Energy | Oil & Gas Integrated | 1.324051 |
Tue 03 May 2022, 07:39PM | LinkedIn to pay $1.8 million to settle wage-discrimination case | The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a pay discrimination complaint brought by U.S. labor investigators. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.801895 |
Tue 03 May 2022, 07:34PM | Infrastructure Play Jacobs' Earnings Top Views; Fluor Results On Tap | Jacobs Engineering reported second-quarter earnings and revenue that beat estimates, and Fluor will report first-quarter earnings this week. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 0.695621 |
Tue 03 May 2022, 07:15PM | American International Group (AIG) Beats Q1 Earnings Estimates | American International Group (AIG) delivered earnings and revenue surprises of 4.84% and 1.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock? | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 3.284062 |
Tue 03 May 2022, 06:53PM | PowerSchool Awarded Gold Stevie® Awards for the Best Administrative Solution and Best Education Platform for PK-20 Categories | FOLSOM, Calif., May 03, 2022--PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, announced today it has won three Stevie® Awards in the 20th annual American Business Awards®. This includes two Gold Stevie® Awards for the Best Administrative Solution and Best Education Platform for PK-20 categories and one Silver Stevie® Award in the Best PK-12 Personalized Learning Solution category. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 3.284062 |
Tue 03 May 2022, 06:17PM | UPDATE 1-White House to host union organizers at Amazon, Starbucks | U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers. The meeting will include Christian Smalls, who heads the Amazon Labor Union, and other grassroots organizers from Starbucks/SEIU, United Paizo Workers/CWA, Baltimore Public Library/IAM, and a union that has organized workers at an outlet of REI, the outdoor goods retailer, a White House official said. Workers at more than 50 U.S. Starbucks cafes have elected to join the Workers United union, while five stores voted against the union, out of roughly 240 altogether that have sought to hold elections since August. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -3.164568 |
Tue 03 May 2022, 06:17PM | UPDATE 1-White House to host union organizers at Amazon, Starbucks | U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers. The meeting will include Christian Smalls, who heads the Amazon Labor Union, and other grassroots organizers from Starbucks/SEIU, United Paizo Workers/CWA, Baltimore Public Library/IAM, and a union that has organized workers at an outlet of REI, the outdoor goods retailer, a White House official said. Workers at more than 50 U.S. Starbucks cafes have elected to join the Workers United union, while five stores voted against the union, out of roughly 240 altogether that have sought to hold elections since August. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 5.949184 |
Tue 03 May 2022, 06:02PM | Markets Higher Ahead of the Fed; Q1 Beats for AMD, ABNB & More | While encouraging, there is still a long way to go to approach March levels. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.813149 |
Tue 03 May 2022, 06:00PM | Media mogul Byron Allen says Netflix is a 'great buy' | Media mogul Byron Allen is not giving up on Netflix just yet. | NFLX | Netflix, Inc. | Communication Services | Entertainment | -3.772449 |
Tue 03 May 2022, 05:54PM | AMD Earnings Show Key Products Are Taking Share from Intel | Advanced Micro Devices’ high-end server-chip business is thriving and taking share from Intel. Chip maker AMD said revenue from its EPYC server processor business more than doubled during the March quarter. AMD (AMD) also reported adjusted earnings per share of $1.13, compared to Wall Street’s consensus estimate of 91 cents, according to FactSet. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.813149 |
Tue 03 May 2022, 05:54PM | AMD Earnings Show Key Products Are Taking Share from Intel | Advanced Micro Devices’ high-end server-chip business is thriving and taking share from Intel. Chip maker AMD said revenue from its EPYC server processor business more than doubled during the March quarter. AMD (AMD) also reported adjusted earnings per share of $1.13, compared to Wall Street’s consensus estimate of 91 cents, according to FactSet. | INTC | Intel Corporation | Technology | Semiconductors | -0.557262 |
Tue 03 May 2022, 05:52PM | Carvana Stock Drops. A Longtime Fan Has Doubts. | After three years of recommending the company, Wells Fargo analyst Zachary Fadem downgraded the stock, as well as shares of other online sellers of used cars. | WFC | Wells Fargo & Company | Financial Services | Banks—Diversified | 1.630662 |
Tue 03 May 2022, 05:39PM | Goldman CEO on the Fed: 'I'm concerned about the path of this' | It's 'uncertain' wether the Federal Reserve "can land the plane very smoothly" as it tightens monetary policy to combat inflation, says Goldman Sachs CEO David Solomon. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | 0.238315 |
Tue 03 May 2022, 05:36PM | FedEx vs. United Parcel Service: Which Is a Better Buy? | With a similar type of business operations, it's sometimes difficult to decide which company would be a better bang for your buck. | UPS | United Parcel Service, Inc. | Industrials | Integrated Freight & Logistics | 0.508569 |
Tue 03 May 2022, 05:36PM | FedEx vs. United Parcel Service: Which Is a Better Buy? | With a similar type of business operations, it's sometimes difficult to decide which company would be a better bang for your buck. | FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 1.328459 |
Tue 03 May 2022, 05:35PM | Starbucks (SBUX) Q2 Earnings Lag Estimates | Starbucks (SBUX) delivered earnings and revenue surprises of -1.67% and 0.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock? | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 5.949184 |
Tue 03 May 2022, 05:34PM | Bank of America most favored for activism defense in 2021 -Refinitiv data | Bank of America ranked as the top financial adviser to companies targeted by activist investors in 2021, vaulting past three rivals to claim the top spot, according to Refinitiv data published on Tuesday. During 2021, Bank of America advised on 35 campaigns, up from 28 reported for the previous year. The top 9 advisers worked on 186 campaigns last year, roughly the same amount as the 187 they worked on in 2020 when the pandemic curbed activism. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 1.587122 |
Tue 03 May 2022, 05:25PM | Advanced Micro Devices (AMD) Q1 Earnings and Revenues Beat Estimates | Advanced Micro (AMD) delivered earnings and revenue surprises of 24.18% and 17.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock? | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.830072 |
Tue 03 May 2022, 05:23PM | Tesla Will Envy the Permit That Baidu Just Received | Baidu gets regulatory approval to provide driverless passenger rides to the public on open roads in Beijing. That's likely to catch Tesla CEO Elon Musk's attention. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.447239 |
Tue 03 May 2022, 05:10PM | From Amazon to Yelp: The companies taking a stand on reproductive rights | As the country awaits the Supreme Court's decision about whether to overturn Roe v. Wade, prominent companies have already taken political and financial stands against the erosion of reproductive rights. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -2.736542 |
Tue 03 May 2022, 05:08PM | White House to host meeting with key Amazon union organizer -official | U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers. The meeting will include Christian Smalls, who heads the Amazon Labor Union, and other grassroots organizers from Starbucks/SEIU, United Paizo Workers/CWA and others, an official said. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 6.24916 |
Tue 03 May 2022, 05:08PM | White House to host meeting with key Amazon union organizer -official | U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers. The meeting will include Christian Smalls, who heads the Amazon Labor Union, and other grassroots organizers from Starbucks/SEIU, United Paizo Workers/CWA and others, an official said. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -2.736542 |
Tue 03 May 2022, 05:06PM | Starbucks earnings: ‘The health of the Chinese business is undeniable,’ analyst says | Morningstar Analyst Sean Dunlop sits down with Yahoo Finance Live to break down Starbucks' Q2 earnings report, sales growth, and the impact of unionization movements on the brand's stock. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 6.24916 |
Tue 03 May 2022, 05:05PM | Starbucks announces $1 billion investment in US employees as unionization efforts spread | Starbucks interim CEO Howard Schultz announced a $1 billion investment in U.S. partners (what the company calls it employees) and stores for fiscal year 2022 during the company's Q2 earnings call. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 6.24916 |
Tue 03 May 2022, 04:56PM | Krista Bourne Worked Her Way From The Mailroom To a Verizon Chief Operating Officer | Krista Bourne worked her way from Verizon's mailroom to become COO for its consumer resource group on nothing but hard work and determination. | VZ | Verizon Communications Inc. | Communication Services | Telecom Services | 0.380389 |
Tue 03 May 2022, 04:56PM | What a Peloton Acquisition Would Mean for Apple, Amazon or Nike | The connected fitness company would be a better fit for Apple than Amazon.com or Nike, UBS analyst Arpine Kocharyan said. | NKE | NIKE, Inc. | Consumer Cyclical | Footwear & Accessories | -0.807568 |
Tue 03 May 2022, 04:56PM | What a Peloton Acquisition Would Mean for Apple, Amazon or Nike | The connected fitness company would be a better fit for Apple than Amazon.com or Nike, UBS analyst Arpine Kocharyan said. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.43438 |
Tue 03 May 2022, 04:56PM | What a Peloton Acquisition Would Mean for Apple, Amazon or Nike | The connected fitness company would be a better fit for Apple than Amazon.com or Nike, UBS analyst Arpine Kocharyan said. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -2.736542 |
Tue 03 May 2022, 04:54PM | AMD stock jumps on earnings beat, Match Group stock tumbles after CEO exits | Yahoo Finance Live's Dave Briggs looks at AMD and Match Group stocks. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.830072 |
Tue 03 May 2022, 04:47PM | How Activision's CEO Will Benefit From Microsoft Buyout | When it comes to the video game industry, all eyes have been on Activision Blizzard for the last year. The publisher of multiple titles that rake in millions, such as "Overwatch" and "World of Warcraft," was the target of multiple sexual harassment allegations in 2021. Employees called for CEO Bobby Kotick's resignation, saying he was unfit to continue to lead the company. | MSFT | Microsoft Corporation | Technology | Software—Infrastructure | -0.854672 |
Tue 03 May 2022, 04:44PM | Construction Equipment Giant Caterpillar's Stock Flexes Muscles | Watchlist candidate Caterpillar continues to trade near its all-time high, reached last June. The 84 RS Rating means that top-ranked Caterpillar stock has outperformed 83% of all stocks, regardless of industry group, over the past year. Among its other key ratings, Caterpillar stock has a 79 Composite Rating and a passable 70 EPS Rating. | CAT | Caterpillar Inc. | Industrials | Farm & Heavy Construction Machinery | 1.408521 |
Tue 03 May 2022, 04:42PM | Starbucks adding more drive-throughs to boost North American business | Starbucks Corp. stock edged higher in after-hours trading Tuesday after the coffee chain reported fiscal second-quarter earnings within expectations, highlighting it as an achievement amid rising costs, inflation and thinner margins. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 6.24916 |
Tue 03 May 2022, 04:42PM | Starbucks adding more drive-throughs to boost North American business | Starbucks Corp. stock edged higher in after-hours trading Tuesday after the coffee chain reported fiscal second-quarter earnings within expectations, highlighting it as an achievement amid rising costs, inflation and thinner margins. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 3.128148 |
Tue 03 May 2022, 04:42PM | AMD Earnings Beat Expectations. The Stock is Rising. | The company's high-end server-chip business is thriving, but the market for personal computers is now weak. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 2.830072 |
Tue 03 May 2022, 04:36PM | Tesla CEO Elon Musk attends 2022 Met Gala | Billionaire Elon Musk was one of many guests who attended the 2022 Met Gala, and brought his mother as his date. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.447239 |
Tue 03 May 2022, 04:30PM | Travere Therapeutics to Present at the BofA Securities 2022 Healthcare Conference | SAN DIEGO, May 03, 2022 (GLOBE NEWSWIRE) -- Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that Eric Dube, Ph.D., president and chief executive officer, will present at the BofA Securities 2022 Healthcare Conference on Tuesday, May 10, 2022, at 4:00 p.m. PT. A live webcast will be available at | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 1.015799 |
Tue 03 May 2022, 04:30PM | Cohen & Company Sets Release Date for First Quarter 2022 Financial Results | PHILADELPHIA and NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2022 on Thursday, May 5, 2022. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results. The conference call will be available via webcast. Interested parties can access the webcast by clicking the webcast link on the Company’s homepage at www.cohenandcompany.com. Those wishing to liste | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 3.128148 |
Tue 03 May 2022, 04:28PM | Buffett-Backed BYD Sales Hit Record High, Defying Covid Lockdowns That Hit EV Startups | China EV giant BYD reported April sales edged higher vs. March, after Nio and other Tesla China rivals reported big declines. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.280119 |
Tue 03 May 2022, 04:21PM | Starbucks stock moving higher after meeting earnings expectations | Yahoo Finance reporter Brooke DiPalma breaks down second-quarter earnings results for coffee chain Starbucks. | SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 6.478852 |
Tue 03 May 2022, 04:20PM | AIG Profit Rises, Beats Expectations on Improved Underwriting | (Bloomberg) -- American International Group Inc. reported first-quarter earnings that beat analyst expectations while touting its underwriting profitability and progress on the separation of its life and retirement business.Most Read from BloombergCiti Trader Made Error Behind Flash Crash in Europe StocksBiggest Treasury Buyer Outside U.S. Quietly Selling BillionsAlibaba Recovers After Report on ‘Ma’ Briefly Erased $26 BillionUkraine Latest: Johnson to Evoke Wartime History in SpeechEnd of Easy | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 4.035537 |
Tue 03 May 2022, 04:19PM | AMD forecasts strong revenue this year on data center boom | (Reuters) -Advanced Micro Devices Inc on Tuesday forecast stronger than expected full year and second-quarter revenue as the data center boom fuels demand for its chips. The strong outlook and earnings pushed up AMD shares by 3% in after-hours trading. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 3.408823 |
Tue 03 May 2022, 04:16PM | AIG profit beats estimates on strong underwriting gains | Insurer American International Group Inc reported a nearly 17% rise in quarterly profit on Tuesday that topped market estimates, as strong underwriting gains and lower catastrophe losses cushioned a drop in investment income. The company - one of the world's biggest commercial insurers - said gross premiums written in its general insurance business rose 7% in the first three months of the year to $11.51 billion. The strong results come at a time when the insurance industry is facing hefty claims from the months-long war in Ukraine that has sparked wide-ranging sanctions. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 4.035537 |
Tue 03 May 2022, 04:16PM | Apple’s App Store Offers Reasons for Hope, Analyst Says | There is strong App Store net revenue growth in China, and improving trends in Japan and South Korea as well. It could offset weaker growth in the U.S. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.660587 |
Tue 03 May 2022, 04:15PM | COMPX REPORTS FIRST QUARTER 2022 RESULTS | Dallas, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $42.1 million for the first quarter of 2022 compared to $35.9 million in the same period of 2021. Operating income was $6.3 million in the first quarter of 2022 compared to $5.8 million in the first quarter of 2021. Net income was $5.0 million, or $.40 per basic and diluted common share, for the first quarter of 2022 compared to $4.7 million, or $.38 per basic and diluted common | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 4.035537 |
Tue 03 May 2022, 04:10PM | Coca-Cola Consolidated Reports First Quarter 2022 Results | First quarter of 2022 net sales increased 11% versus the first quarter of 2021.Gross profit for the first quarter of 2022 was $508 million, up 13% versus the first quarter of 2021. Gross margin increased 80 basis points to 36.1%(a).Income from operations for the first quarter of 2022 was $131 million, up $37 million, or 39%, versus the first quarter of 2021. On an adjusted(b) basis, income from operations increased $24 million, or 25%. Key Results First Quarter (in millions) 2022 2021 ChangePhys | KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 1.074497 |
Tue 03 May 2022, 04:07PM | Could Teva Join J&J, McKesson And Others In Settling Opioid Claims? | Teva Pharmaceutical could wrap up most of its opioid claims this year, an analyst said Tuesday as Teva stock climbed higher. | JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers—General | 0.106743 |
Tue 03 May 2022, 04:05PM | Amazon Labor Union says 'the fight has just begun' after defeat in Staten Island | Workers at an Amazon warehouse in Staten Island, N.Y. rejected a union bid yesterday. While it was a loss for the emerging Amazon Labor Union, the result emphasized what looks to be a lengthy fight between Amazon and its workers. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -2.461466 |
Tue 03 May 2022, 04:01PM | BP Stock Pops On Massive Profit; Shell, ConocoPhillips Earnings On Tap | BP delivered Q1 earnings Tuesday with oil prices above $100. Fellow oil majors Shell and ConocoPhillips are due Thursday. | COP | ConocoPhillips | Energy | Oil & Gas E&P | 1.472377 |
Tue 03 May 2022, 03:57PM | AT&T Raises Prices for Older Wireless Plans | The company will increase rates on some individual and family plans, adding to inflationary pressure on households. | T | AT&T Inc. | Communication Services | Telecom Services | 1.965353 |
Tue 03 May 2022, 03:43PM | Baidu Gets a Permit That Tesla Will Envy | Baidu gets regulatory approval to provide driverless passenger rides to the public on open roads in Beijing. That's likely to catch Tesla CEO Elon Musk's attention. | TSLA | Tesla, Inc. | Consumer Cyclical | Auto Manufacturers | -1.280119 |
Tue 03 May 2022, 03:36PM | Do People Really Want Super-Fast Delivery? | Actor Sarah Jessica Parker who plays the protagonist, writer Carrie Bradshaw, on HBO's popular TV series "Sex and The City," once famously said on the show, "Shopping is my cardio." New data shows American consumers want to limit price hikes on groceries and other home goods and are less willing to pay a premium for rapid delivery than they were last year. "Additionally, with inflation hitting levels that have not been seen in the U.S. in 40 years, consumers who are looking to mitigate price increases on groceries and other household essentials are more hesitant to pay a premium for ultrafast delivery than they would have been last year," said Euromonitor Senior Consultant Bob Hoyler in a blog post for Retail Dive. | AIG | American International Group, Inc. | Financial Services | Insurance - Diversified | 4.035537 |
Tue 03 May 2022, 03:24PM | Stocks edge higher towards close, AT&T shares jump while travel sector dips in the red | Yahoo Finance's Jared Blikre takes a glance at markets heading into the final trading hour of the day, as well as looking at streaming and travel stocks. | T | AT&T Inc. | Communication Services | Telecom Services | 1.649908 |
Tue 03 May 2022, 03:14PM | Duke Energy Corporation (NYSE:DUK) Delivered A Weaker ROE Than Its Industry | While some investors are already well versed in financial metrics (hat tip), this article is for those who would like... | DUK | Duke Energy Corporation | Utilities | Utilities—Regulated Electric | -0.401829 |
Tue 03 May 2022, 03:07PM | Carvana Drops as a Longtime Bull Raises Doubts on Online Used-Car Stocks | After three years of recommending the company, Wells Fargo analyst Zachary Fadem downgraded the stock, as well as shares of other online sellers of used cars. | WFC | Wells Fargo & Company | Financial Services | Banks—Diversified | 0.865493 |
Tue 03 May 2022, 03:01PM | Apple, Toyota help keep NC best in US for economic development success | North Carolina remains in elite status for economic development projects, according to Site Selection magazine. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.062543 |
Tue 03 May 2022, 02:45PM | Jennifer Chandler leads Bank of America’s philanthropic solutions group and its Dallas market. Here’s how the two roles help each other. | The Dallas market leader said the philanthropic solutions group is seeing increased focus on impact investing. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 0.598214 |
Tue 03 May 2022, 02:38PM | Amazon to loan $55M for Tysons affordable apartments | The e-commerce giant is committing low-rate loans to accelerate the Dominion Square West apartments development. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -3.335191 |
Tue 03 May 2022, 02:35PM | BlackRock Seeks Up to $4 Billion for New Private Credit Fund | (Bloomberg) -- The world’s largest asset manager is looking to raise about $4 billion for the latest vintage of its Global Credit Opportunities fund, as the market for private credit instruments swells to more than $1 trillion. Most Read from BloombergCiti Trader Made Error Behind Flash Crash in Europe StocksBiggest Treasury Buyer Outside U.S. Quietly Selling BillionsAlibaba Recovers After Report on ‘Ma’ Briefly Erased $26 BillionUkraine Latest: Johnson to Evoke Wartime History in SpeechEnd of E | BLK | BlackRock, Inc. | Financial Services | Asset Management | 0.314688 |
Tue 03 May 2022, 02:34PM | Chevron could join Talos-Carbonvert JV for Texas carbon capture project | The existing JV between Talos and Carbonvert, now called Bayou Bend CCS, was selected as the winning bidder for the Texas General Land Office's Jefferson County carbon storage lease offshore Beaumont and Port Arthur last year. | CVX | Chevron Corporation | Energy | Oil & Gas Integrated | 1.177624 |
Tue 03 May 2022, 02:33PM | Paramount CFO: We aren't in the same leaky boat as Netflix | Paramount scores a win against Netflix in the streaming content wars. | NFLX | Netflix, Inc. | Communication Services | Entertainment | -4.308674 |
Tue 03 May 2022, 02:20PM | Facebook Sharpens Its Metaverse Weapons | As Mark Zuckerberg has made abundantly clear at every turn over the last few years, he wants to pioneer the metaverse space using virtual reality as a key tool. The Meta Quest headset sold 8.7 million units in 2021, proving there is audience interest in VR beyond the video game-centric base the Oculus was originally made for. Now its announced that its newest VR headset is coming this year that's specifically designed for work. | META | Meta Platforms, Inc. | Communication Services | Internet Content & Information | -0.608162 |
Tue 03 May 2022, 02:17PM | Engineering Firm Jacobs' Earnings Top Views; Fluor Results On Tap | Jacobs Engineering reported second-quarter earnings and revenue that beat estimates, and Fluor will report first-quarter earnings this week. | MDLZ | Mondelez International, Inc. | Consumer Defensive | Confectioners | 1.023567 |
Tue 03 May 2022, 02:17PM | Nike's Jordan brand hires new head of marketing | Shannon Watkins confirmed her hiring Monday on her LinkedIn page. According to Footwear News, Watkins' hire comes after the brand’s former CMO, Sean Tresvant, left his role in December 2021 to work as Taco Bell’s chief brand office. Nike (NYSE: NKE) has been busy hiring lately as it shifts to more direct- and digital-focused sales strategies. | NKE | NIKE, Inc. | Consumer Cyclical | Footwear & Accessories | -0.767098 |
Tue 03 May 2022, 02:09PM | Wall Street sees greater risk of default by major banks | The cost to insure bonds of Goldman Sachs , Morgan Stanley and Citigroup against default hit two-year highs on Monday on growing fears the U.S. Federal Reserve's aggressive moves to tame inflation might tip the economy into recession. JP Morgan Chase & Co, Goldman Sachs and Citigroup combined put aside a $3.36 billion in credit loss reserves in the first quarter. Spreads on five-year credit default swaps (CDS) on Goldman Sachs closed at $108.92 on Monday, Morgan Stanley at $104.96 and Citigroup at $107.94, their highest in at least two years. | GS | The Goldman Sachs Group, Inc. | Financial Services | Capital Markets | -0.751932 |
Tue 03 May 2022, 02:09PM | Wall Street sees greater risk of default by major banks | The cost to insure bonds of Goldman Sachs , Morgan Stanley and Citigroup against default hit two-year highs on Monday on growing fears the U.S. Federal Reserve's aggressive moves to tame inflation might tip the economy into recession. JP Morgan Chase & Co, Goldman Sachs and Citigroup combined put aside a $3.36 billion in credit loss reserves in the first quarter. Spreads on five-year credit default swaps (CDS) on Goldman Sachs closed at $108.92 on Monday, Morgan Stanley at $104.96 and Citigroup at $107.94, their highest in at least two years. | MS | Morgan Stanley | Financial Services | Capital Markets | 1.64497 |
Tue 03 May 2022, 02:09PM | Wall Street sees greater risk of default by major banks | The cost to insure bonds of Goldman Sachs , Morgan Stanley and Citigroup against default hit two-year highs on Monday on growing fears the U.S. Federal Reserve's aggressive moves to tame inflation might tip the economy into recession. JP Morgan Chase & Co, Goldman Sachs and Citigroup combined put aside a $3.36 billion in credit loss reserves in the first quarter. Spreads on five-year credit default swaps (CDS) on Goldman Sachs closed at $108.92 on Monday, Morgan Stanley at $104.96 and Citigroup at $107.94, their highest in at least two years. | C | Citigroup Inc. | Financial Services | Banks—Diversified | 1.28535 |
Tue 03 May 2022, 02:09PM | Wall Street sees greater risk of default by major banks | The cost to insure bonds of Goldman Sachs , Morgan Stanley and Citigroup against default hit two-year highs on Monday on growing fears the U.S. Federal Reserve's aggressive moves to tame inflation might tip the economy into recession. JP Morgan Chase & Co, Goldman Sachs and Citigroup combined put aside a $3.36 billion in credit loss reserves in the first quarter. Spreads on five-year credit default swaps (CDS) on Goldman Sachs closed at $108.92 on Monday, Morgan Stanley at $104.96 and Citigroup at $107.94, their highest in at least two years. | JPM | JPMorgan Chase & Co. | Financial Services | Banks—Diversified | 0.573876 |
Tue 03 May 2022, 02:05PM | Man climbs to top of Salesforce Tower. Here's the video. | A man who proclaims to be “pro-life Spiderman” climbed the exterior of Salesforce Tower, the tallest building in San Francisco, on Tuesday and was arrested at the top. Boston real estate investment trust Boston Properties Inc. (NYSE: BXP) owns the 1.41 million-square-foot building, which opened in 2018, and houses offices for Salesforce Inc., WeWork, Bain & Co. and Covington & Burling. | CRM | Salesforce, Inc. | Technology | Software—Application | -1.174881 |
Tue 03 May 2022, 02:01PM | Why Bank of America's Stock Price Tumbled 13.4% in April | Bank of America (NYSE: BAC) was not immune to the stock market sell-off in April as its stock price dropped 13.4% in the month, according to data provided by S&P Global Market Intelligence. Bank of America is down about 16% year to date as of May 3. Bank of America, the nation's second-largest bank, was not alone in its underperformance, as the KBW Nasdaq Bank Index was down about 12% in the month. | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 0.826783 |
Tue 03 May 2022, 01:57PM | Fearful Investors Should Buy Credit, Sell Stocks, JPMorgan Says | (Bloomberg) -- Investors looking to protect themselves against more market turmoil should think about selling some blue chip companies’ shares and buying the corporations’ bonds instead, according to JPMorgan Chase & Co. Most Read from BloombergCiti Trader Made Error Behind Flash Crash in Europe StocksBiggest Treasury Buyer Outside U.S. Quietly Selling BillionsAlibaba Recovers After Report on ‘Ma’ Briefly Erased $26 BillionUkraine Latest: Johnson to Evoke Wartime History in SpeechEnd of Easy Mon | JPM | JPMorgan Chase & Co. | Financial Services | Banks—Diversified | 0.573876 |
Tue 03 May 2022, 01:57PM | Charter Communications stock slips after Bank of America ends bullish call on cable name | Shares of Charter Communications Inc. were off 1.3% in afternoon trading Tuesday after Bank of America analyst Jessica Reif Ehrlich cut her rating on the stock to neutral from buy, citing concerns about growing competition in the broadband market. Reif Ehrlich worries about emerging threats to broadband incumbents from fiber and fixed-wireless access and warned that growth in the broadband industry "would be more limited going forward." She sees a possibility that the new competitive landscape c | BAC | Bank of America Corporation | Financial Services | Banks—Diversified | 0.826783 |
Tue 03 May 2022, 01:57PM | Charter Communications stock slips after Bank of America ends bullish call on cable name | Shares of Charter Communications Inc. were off 1.3% in afternoon trading Tuesday after Bank of America analyst Jessica Reif Ehrlich cut her rating on the stock to neutral from buy, citing concerns about growing competition in the broadband market. Reif Ehrlich worries about emerging threats to broadband incumbents from fiber and fixed-wireless access and warned that growth in the broadband industry "would be more limited going forward." She sees a possibility that the new competitive landscape c | CHTR | Charter Communications, Inc. | Communication Services | Telecom Services | 0.73566 |
Tue 03 May 2022, 01:51PM | Now Spotify Has Its Own Virtual Universe | From Netflix's recent forays into mobile games to whatever the Metaverse and the company formerly known as Facebook is, every youngish technology company that came to define life in the 21st century has been moving into the gaming world. Now Spotify has announced that it will team up with the video game company Roblox , a platform that allows users to make their own games or interact with other people's games. This will make Spotify the first-ever music streaming company to have an interactive, virtual universe on Roblox. | NFLX | Netflix, Inc. | Communication Services | Entertainment | -3.147346 |
Tue 03 May 2022, 01:48PM | Is Pfizer Stock A Buy As 2022 Covid Vaccine Sales Appear Front-Loaded? | Is Pfizer stock a buy after the company kept its 2022 sales outlook despite beating Comirnaty estimates? Is PFE stock a buy right now? | PFE | Pfizer Inc. | Healthcare | Drug Manufacturers—General | -1.475524 |
Tue 03 May 2022, 01:47PM | Duke Energy a 'sizeable investor' in two North Carolina renewable gas projects for BP | Duke Energy says it is a “sizeable investor” in two commercial projects to convert gas from two North Carolina landfills. It will convert the landfill gas into renewable natural gas to be sold to BP. | DUK | Duke Energy Corporation | Utilities | Utilities—Regulated Electric | -0.854548 |
Tue 03 May 2022, 01:47PM | The Returns On Capital At Fox (NASDAQ:FOXA) Don't Inspire Confidence | If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for... | DIS | The Walt Disney Company | Communication Services | Entertainment | -0.583058 |
Tue 03 May 2022, 01:41PM | Is There Now An Opportunity In Advanced Micro Devices, Inc. (NASDAQ:AMD)? | Advanced Micro Devices, Inc. ( NASDAQ:AMD ) received a lot of attention from a substantial price movement on the... | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 3.82704 |
Tue 03 May 2022, 01:40PM | How To Trade A Calendar Spread On Amazon Stock | Think you can't make money in Amazon anymore? This calendar spread doesn't need the price to rise in order to profit. | AMZN | Amazon.com, Inc. | Consumer Cyclical | Internet Retail | -2.580673 |
Tue 03 May 2022, 01:35PM | Can Chip Makers AMD and Nvidia Deliver? | Advanced Micro Devices (AMD) and Nvidia pass a crucial test in this month of May. Worried about global growth, investors have fled tech and semiconductor and microprocessor makers in particular, despite seemingly solid fundamentals. AMD shares are down 37.1% since Dec. 31. | NVDA | NVIDIA Corporation | Technology | Semiconductors | -1.824557 |
Tue 03 May 2022, 01:35PM | Can Chip Makers AMD and Nvidia Deliver? | Advanced Micro Devices (AMD) and Nvidia pass a crucial test in this month of May. Worried about global growth, investors have fled tech and semiconductor and microprocessor makers in particular, despite seemingly solid fundamentals. AMD shares are down 37.1% since Dec. 31. | AMD | Advanced Micro Devices, Inc. | Technology | Semiconductors | 3.82704 |
Tue 03 May 2022, 01:26PM | Apple gets tap from EU on payments | For all Silicon Valley’s tech dominance, the US has lagged Europe for much of this century in advances in mobile phone networks and payment systems. Crystal-clear voice calls and contactless payments came to the continent long before their widespread availability in America. Chip-and-pin credit cards had only arrived a decade after their adoption in Europe, while New York’s subway system just moved in 2021 to express contactless payments at barriers with your phone. | AAPL | Apple Inc. | Technology | Consumer Electronics | 0.409163 |