U.S. Movers: Amazon, Apple, MasterCard, McDonald’s, Thomson Reuters

Scott Peters
02 May, 2025
New York City

Apple Inc. declined 3.8% to $205.25 despite the smartphone maker reporting higher sales and earnings in the second quarter.

Sales jumped to $95.36 billion from $90.75 billion, net income climbed to $24.78 billion from $23.64 billion, and diluted earnings per share rose to $1.65 from $1.53 a year ago.

Sales increased in all geographic regions except in Greater China, where sales eased to $16.0 billion from $16.37 billion a year earlier.

All product categories registered higher sales except for wearables, home, and accessories, where sales declined to $7.52 billion from $7.91 billion a year ago.

The company proposed a cash dividend of 26 cents per share, an increase of 4%, payable on May 15 to shareholders on record as of May 12.

Amazon.com Inc. declined 3.2% to $184.10 after the e-commerce retailer reported first-quarter 2025 results.

Net sales edged up to $155.67 billion from $143.31 billion, net income surged to $17.13 billion from $10.43 billion, and diluted earnings per share rose to $1.59 from 98 cents a year ago.

Free cash flow decreased to $25.9 billion for the trailing twelve months, compared with $50.1 billion for the trailing twelve months ended March 31, 2024.

“We launched Amazon.ie in Ireland, offering over 200 million products with low prices, fast delivery, and local prime membership,” the company said in a release to investors.

Amazon guided second-quarter net sales to grow between 7% and 11% to between $159.0 billion and $164.0 billion from $148.0 billion a year ago, and operating income to be between $13.0 billion and $17.5 billion, compared to $14.7 billion in the same quarter in 2024.

McDonald’s Corp. dropped 0.2% to $313.01 after the fast-food restaurant chain reported first-quarter 2025 results.

Revenue declined to $5.96 billion from $6.17 billion, net income edged down to $1.87 billion from $1.93 billion, and diluted earnings per share fell to $2.60 from $2.66 a year ago.

Global comparable sales decreased 1%, impacted by the 3.6% lower comparable sales in the U.S.

MasterCard Inc. eased 0.04% to $546.40 after the digital payment company reported first-quarter 2025 results.

Revenue edged up to $7.25 billion from $6.35 billion, net income jumped to $3.28 billion from $3.01 billion, and diluted earnings per share rose to $3.59 from $3.22 a year ago.

During the first quarter, the company repurchased 4.7 million shares for a total of $2.5 billion and paid $694 million in dividends.

Quarter-to-date through April 28, the company repurchased 1.7 million shares at a cost of $884 million, which leaves $11.8 billion under repurchase authorization.

Thomson Reuters Corp. traded flat at $185.74 after the content-driven technology company reported first-quarter 2025 results.

Revenue jumped to $1.90 billion from $1.88 billion, net income fell to $434 million from $481 million, and diluted earnings per share dropped to 96 cents from $1.06 a year ago.

The company completed the acquisition of SafeSend in January for approximately $600 million, allowing it to expand its tax automation capabilities.

In February, the company raised its annual dividend by 10% to $2.38 per share.

Thomson Reuters guided second-quarter revenue to grow by 7%, compared to $1.74 billion in 2024, and the adjusted EBITDA margin to be approximately 36%, compared to 37.1% a year ago.

The company estimated full-year revenue to increase between 3% and 3.5%, compared to $7.26 billion in 2024.

Revenue for the “Big 3” segments, namely legal professionals, corporates, and tax and accounting professionals, is expected to grow by approximately 4% in 2025.