Ferrari reported luxury vehicle sales surged in Americas and Asia and earnings and sales advanced in double digits. Peloton Interactive lukewarm increase in quarterly revenue but loss shrank from the previous year. Shopify said gross merchandise and payment volumes advanced.

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Starbucks said comparable store sales rose on price increases and higher number of customers in the U.S. and international markets. March Group earnings plunged. AMD reported a sharp decline in chips for personal computing but sales for data centers were stable.

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Porsche Automobil reported higher sales and operating earnings after deliveries jumped. BNP Paribas reported higher revenue but net income from continuing operations declined. Deutsche Lufthansa said passenger revenue soared but cargo load factor dropped.

Pfizer confirmed it has no plans to buy back its own share in 2023. Uber Technologies said quarterly revenue surged and loss shrank on a higher number of transactions. BP Plc net income declined in its latest quarter reflecting lower prices for crude oil and gas.

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JP Morgan won the auction to acquire assets and deposits of the seized First Republic Bank. ON Semiconductor offered a muted second quarter revenue and gross margin outlook. Norwegian Cruise forecasted improving yields and sales in the second quarter.

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Exxon Mobil and Chevron distribute bumper oil profits to shareholders through stock repurchases and dividend increases. Amazon.com Inc forecasted a wider range for operating earnings, reflecting macroeconomic headwinds. Intel estimated elevated losses to continue in the second quarter.

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Southwest Airlines reported loss in the first quarter shrank. American Airlines swung to a quarterly profit. Meta Platforms reported higher revenue but net income declined in the first quarter.

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Microsoft revenue increase in the March quarter was driven by cloud segment growth offset by a weakness in personal computing linked sales. Google's parent Alphabet reported slower revenue growth compared to a year ago. Chipotle Mexican Grill sales and earnings jumped on higher prices.

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Cadence Design Systems reported revenue and earnings growth and offered a conservative second quarter outlook. First Republic Bank reported a sharp jump in deposit outflows and an increase in borrowings. UPS said full-year 2023 revenue is likely to be near the low end of its estimated range.

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Philips NV advanced after the medical technology company reported better-than-expected quarterly results. Coca-Cola said price hikes drove sales increase in the first quarter. Credit Suisse struggled to reverse deposit outflow in the first quarter.

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Schlumberger or SLB reported a surge in revenue and earnings and offered a positive multi-year outlook as exploration budgets expand worldwide. HCA Healthcare raised its annual revenue and earnings outlook.

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Tesla said first quarter earnings dropped after the electric vehicle maker lowered prices several times. IBM reiterated its annual free cash flow outlook. AT&T free cash flow fell sharply but the company reiterated its full-year estimate.

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Morgan Stanley said first quarter earnings declined, confirming the industry trend reported by other large investment banks. Netflix estimated flat revenue in the second quarter. Baker Hughes said new orders declined sequentially in the first quarter.

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Goldman Sachs reported a decline in revenue partly driven by weak investment banking and fixed-income business. Lockheed Martin



Charles Schwab said revenue and earnings rose in the first quarter. State Street revenue in the March quarter declined after assets under management fell. The online gaming company Roblox estimated revenue in March is likely to decline.