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Intel forecasts second-quarter revenue below estimates fanning tariff worries
April 24 (Reuters) - Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war. The dour outlook from Intel INTC.O could be another source of ...Reuters
Thu, Apr 24
US STOCKS-Wall Street ends higher on tech boost, easing tariff tensions
Proctor & Gamble, PepsiCo down after trimming forecastsHasbro, ServiceNow leap after results March durable goods jump more than expectedBy Stephen Culp NEW YORK, April 24 (Reuters) - U.S. stocks closed higher on Thursday, extending their rally with a solid boost from technology shares as ...Reuters
Thu, Apr 24
Winpak Ltd reports results for the quarter ended March 31 - Earnings Summary
Winpak Ltd WPK.TO reported quarterly adjusted earnings of 56 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of three analysts for the quarter was for earnings of 60 cents per share. Wall Stree...Reuters
Thu, Apr 24
GLOBAL MARKETS-Stocks climb with tech shares; dollar eases after recent gains
US stocks higher in afternoon trading as Nasdaq leads Dollar falls against euro, yen, after two days of gains Oil up and gold extends recent gains By Caroline Valetkevitch NEW YORK, April 24 (Reuters) - Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as inv...Reuters
Thu, Apr 24
SpringWorks rises after report Germany's Merck has made nearly $3.5 billion deal
** Shares of drugmaker SpringWorks Therapeutics SWTX.O rise 8.2% to $44.59 ** Germany's Merck KGaA MRCG.DE is nearing a roughly $3.5 billion deal for SWTX, the Wall Street Journal reports ** Both companies have agreed on a price close to $47 per share, report says** Up to last close, SWTX up 14%...Reuters
Thu, Apr 24
Why Micron Stock Is Soaring Today
Micron Technology (NASDAQ: MU) stock is posting big gains Thursday amid a positive indicator for its industry and bullish momentum for the broader market. The company's share price was up 5.7% as of 3 p.m. ET. The S&P 500 and the Nasdaq Composite were up 1.9% and 2.6%, respectively.Micron's valuatio...The Motley Fool
Thu, Apr 24
Bridgewater Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary
Bridgewater Bancshares Inc BWB.OQ reported quarterly adjusted earnings of 31 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of three analysts for the quarter was for earnings of 29 cents per s...Reuters
Thu, Apr 24
Molina Healthcare falls after reporting higher-than-expected medical costs
** Shares of health insurer Molina Healthcare MOH.N fall 5.4% to $314.76** MOH reported late on Wednesday Q1 medical cost ratio, the percentage of premiums paid out for medical services, of 89.2%, higher than analysts' estimates of 88.5%, according to data compiled by LSEG** The quarterly Medica...Reuters
Thu, Apr 24
Why Shares of Pony AI Blasted 70% Higher This Week
Since last Friday, shares of Pony AI (NASDAQ: PONY), a China-based autonomous vehicle company, have blasted over 70% higher, as of 1:38 p.m. ET Thursday. The company recently rolled out its seventh-generation autonomous driving system at the auto show in Shanghai.A more integrated and cheaper autono...The Motley Fool
Thu, Apr 24
PREVIEW: T-Mobile climbs ahead of quarterly results, focus on subscriber growth
** T-Mobile TMUS.O shares rising 1.3% on Thurs ahead of qtrly results after the bell, with investors eyeing subscriber growth** In January, TMUS forecast wireless subscriber growth that was double Wall Street estimates, lifted by strong demand for its premium 5G plans** Analysts expect qtrly rev up ...Reuters
Thu, Apr 24
PREVIEW: Skechers rises ahead of earnings; focus on tariffs
** Shares of Skechers SKX.N gaining 4% on Thursday ahead of quarterly results after the bell, as investors focus on potential impacts on the shoe seller from President Donald Trump's tariffs** SKX remains down 14% since April 2, when Trump's on-again off-again global tariffs threw internatio...Reuters
Thu, Apr 24
Cytokinetics rises as Bristol Myers flags 'steady growth' for rival drug
** Heart disease drugmaker Cytokinetics' shares CYTK.O rise 5.7% to $40.17 ** Rival Bristol Myers Squibb BMY.N stressed that it expects steady growth of heart drug Camzyos in 2025** Says it is observing "strong global demand, high persistency and new patients coming on to therapy each week,&...Reuters
Thu, Apr 24
Why Taiwan Semiconductor Manufacturing Stock Is Jumping Today
Following gains in Tuesday and Wednesday's trading, Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is moving higher again Thursday trading. The contract semiconductor fabrication leader's share price was up 4.2% as of 2:30 p.m. ET. At the same point in the day, the S&P 500 was up 1.8%, and the...The Motley Fool
Thu, Apr 24
Why Opendoor Technologies Plunged Today
Shares of Opendoor Technologies (NASDAQ: OPEN) plunged 7.4% on Thursday, as of 1:11 p.m. ET.The drop was all the more noticeable since the broader market indexes were up strongly today, with the Nasdaq Composite up 2.3% at that time. Where to invest $1,000 right now? Our analyst team just revealed w...The Motley Fool
Thu, Apr 24
Halozyme sues Merck over new version of cancer drug; shares rise
** Drugmaker Halozyme HALO.O sues Merck MRK.N over a subcutaneous version of cancer drug Keytruda, which HALO says uses a drug delivery technology patented by it** Shares of HALO rise 1% to $59.03** Last month, MRK, who is banking on the new version of Keytruda to protect it against a patent expiry ...Reuters
Thu, Apr 24