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Altria's earnings top estimates and tobacco company reaffirms full-year guidance
Morningstar· 3 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 ...
Why more Americans are opting for Israeli wine instead of Manischewitz this Passover
Market Watch· 6 days agoSpecifically, it’s about supporting Israeli businesses that have faced economic hardship as a...
Nike needs a win, and it’s betting on Caitlin Clark to deliver one
Market Watch· 6 days agoAs part of the Nike deal, Clark would be getting a signature shoe, something almost unheard of for a...
Snap's 2024 plans are showing signs of paying off, and shares soar 25%
Morningstar· 3 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.
Market Watch· 3 days agohave been dipping below U.S. Treasurys on a spread basis. The Apple bonds coming due in May 2025...
U.S. oil prices head for lowest finish in a month, traders weigh demand
Market Watch· 3 days ago“The bull camp should be very disappointed with the crude-oil market reaction to [Wednesday’s] much...
China's economy is finally showing bright spots. Worrying signs remain.
Morningstar· 6 days ago"The foundation for economic stability and improvement is not yet solid," Sheng Laiyun, a spokesperson for the statistics bureau, said at a press conference in Beijing, accompanied by data released ...
Alphabet joins the $2 trillion market-cap club - and could vault above Nvidia
Morningstar· 2 days agoAlphabet Inc.'s stock is cruising toward one of the best performances in its history on Friday, following an earnings report that drew effusive praise from analysts. Alphabet shares (GOOG) ( ...
Humana stock reverses lower as earnings outlook to remain unclear for months
Morningstar· 4 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 ...
U.S. economy takes a step backward in April, S&P surveys show, as demand weakens
Morningstar· 5 days agoThe numbers: The U.S. economy lost momentum in April, a pair of S&P surveys found, as businesses reported a decline in new orders and reduced employment for the first time since the pandemic ...