Stock Markets, Business News, Financials, Earnings

Microsoft and Meta Power Tech Rally On Wall Street Ahead of Nonfarm Payroll Report May 1
Tech stocks led Wall Street indexes higher after Microsoft and Meta Platforms reported strong quarterly results and confirmed their plans to build out expensive artificial intelligence infrastructure. MSFT META MCD GM TSLA NVDA
U.S. GDP Shrank In First Quarter as Businesses Front Load Ahead of Import Taxes Apr 30
The U.S. economy shrank in the first quarter as imports surged ahead of the Trump administration's import tax and consumer spending eased. Private payroll growth plunged amid high uncertainties rooted in the federal government's chaotic introduction of trade policy. SBUX YUM ETSY BKNG SNAP FSLR

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U.S. Movers: Amazon, Apple, MasterCard, McDonald’s, Thomson Reuters May 2
Apple reported a strong second quarter and raised its dividend. Amazon’s sales and earnings jumped in the first quarter, and the e-commerce company issued positive guidance. McDonald’s said comparable store sales declined at the fastest pace since the pandemic. AAPL AMZN TRI MA MCD
U.S. Movers: Humana, Meta Platforms, Microsoft, Public Storage, Qualcomm, Yum! Brands May 1
Microsoft delivered a strong third quarter, driven by higher cloud revenue. Meta Platforms continues to invest in artificial intelligence to boost its data centers. Qualcomm reported growth in sales and earnings and issued positive guidance. MSFT META QCOM YUM PSA

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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Europe Movers: London Stock Exchange, Persimmon, Standard Chartered, Stellantis May 2
Stellantis revenue declined after the parent company of Fiat delivered fewer vehicles in the latest quarter. Standard Chartered reported strong first-quarter results. London Stock Exchange announced a share buyback program.
European Markets Extended Weekly Rise to Fourth Consecutive Week May 2
Benchmark indexes in Frankfurt, Paris, Milan, and London advanced for the fourth week in a row as investor sentiment recovered.

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Europe Movers: Airbus, Barclays, Société Générale, TotalEnergies, Volkswagen, Whitbread May 1
Volkswagen reported sharply higher electric vehicle sales in the first quarter, but earnings plunged. TotalEnergies released weak quarterly results. Airbus reported strong sales and earnings in the latest quarter.
Europe Movers: Adyen, Atlas Copco, DHL, Kone, UBS Apr 30
UBS guided further decline in net interest income in the current quarter. Adyen said revenue jumped 22% in the first quarter. Kone posted strong sales and earnings. UBS

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Japan's Nikkei 225 Extended Weekly Advance and Erased Tariff-Driven Slump In April May 2
The Nikkei 225 Stock Average registered a weekly rise of 3.4% and extended gains for the third consecutive week and erased losses induced by the U.S.-led tariff war.
BoJ Held Rates Steady and Slashed Japan's Economic Growth Outlook May 1
The Bank of Japan held its short-term rates steady for the second consecutive meeting and lowered its annual economic growth estimate.

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India Movers: Astec Lifesciences, Nestle, Hindustan Unilever, Mphasis, L&T Technology, Tech Mahindra, Elecon Engineering, Persistent Apr 25
Tech Mahindra reported a 72% jump in its earnings in the March quarter. Astec's net loss expands sharply in the fiscal fourth quarter. Nestle recommends a final dividend despite the decline in its earnings in the latest quarter.
India Movers: Swaraj Engines, Wipro, Waaree, GTPL Hathway, Jayaswal Neco, Rajratan Global, Tata Teleservices, Thyrocare Apr 17
Swaraj Engines reported an increase in net income in the March quarter and recommended an equity dividend. Waaree reported a sharp jump in revenue and earnings in the latest quarter. GTPL Hathway said revenue rose and earnings declined in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR