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Altria's earnings top estimates and tobacco company reaffirms full-year guidance
Morningstar· 6 days agoAltria 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 ...
GDP set to top 2% again and extend hot streak for U.S. economy
Morningstar· 6 days agoThe U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 - but a wider trade deficit could throw up a roadblock ...
Snap shares rocket more than 20% higher on brighter second-quarter forecast
Morningstar· 5 days agoShares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more ...
Humana's stock falls as earnings outlook to remain unclear for months
Morningstar· 6 days agoShares of Humana Inc. reversed lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare ...
Meta's First Quarter Earnings Call Focuses On Broad A.I. Use Cases Including A.I. Glasses
Wccftech· 6 days agoIn another stunning set of drops for Wall Street's favorite A.I. firms, Facebook parent Meta could lose most of its gains made after Q4 2023's earnings report. Heading into today's release, ...
Oil prices give up losses to settle at a more than 1-week high
Morningstar· 5 days agoOil futures shook off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week. Prices had spent much of the session trading ...
Surging auto insurance rates squeezing drivers, fueling inflation. What to know before you buy
Waterloo-Cedar Falls Courier· 5 days agoRelentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto...
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
Market Watch· 6 days agoFear not, says a team of equity strategists at Bank of America, led by Vivek Arya: a sell-off for...
Snap's 2024 plans are showing signs of paying off, and shares soar 25%
Morningstar· 5 days agoShares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more ...
Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.
Morningstar· 6 days agoBondCliQ put together the following chart at the request of MarketWatch, showing how in recent months a pair of bonds due to mature next year from Apple (AAPL) and Microsoft ...