ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email’Fast Money’ traders talk how they are playing Apple post-earnings and their takeaways from the company’s $100 billion buyback.04:15Thu, May 1 20255:14 PM EDT Source link
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Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSES&P 500 futures rose Thursday evening as investors cheered China’s announcement that it is evaluating the possibility of starting trade negotiations with the U.S.Futures tied to the broad-based index added 0.68%. Dow Jones Industrial Average futures jumped 0.82% or 337 points while the Nasdaq 100 futures advanced 0.32%.Wall Street also digested earnings reports from two “Magnificent Seven” members and braced for a big jobs report.In extended trading, Apple slid 4% after posting fiscal second-quarter revenue from its Services division that fell short against Wall Street’s…
U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a White House official.The annual White House budget request includes economic forecasts as well as detailed proposals about how much money should be spent by every government agency for the year that starts on October 1.However, it is the responsibility of Congress to craft spending legislation, and what lawmakers ultimately adopt typically differs dramatically from the White House request.The release comes as Republicans in the U.S.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email’Fast Money’ traders talk how they are playing Amazon post-earnings and their takeaways from the company’s ad revenue and stock dip.04:16Thu, May 1 20255:17 PM EDT Source link
Standard Chartered Plc bank branch in Hong KongBloomberg | Bloomberg | Getty ImagesStandard Chartered on Friday beat first-quarter profit expectations on the back of strong growth in wealth solutions and global markets. The bank’s reported profit before taxation for the three months ended in March was $2.103 billion, up from $1.91 billion in the same period a year ago.Here are Standard Chartered’s first-quarter 2025 results compared with consensus estimates compiled by the bank.Profit before tax: $2.103 billion vs. $1.905 billionUnderlying net interest income (NII): $2.796 billion vs. $2.796 billionThe earnings do not fully capture the impact of U.S. President Donald Trump’s…
Kashmir is many things. It is a disputed borderland that India and Pakistan have fought over for more than three-quarters of a century, making it one of the world’s most strife-torn and militarized zones. It is a Bollywood cinematographer’s alpine dream, its fabled beauty and trauma providing grist for tales of love, longing and war.Since 2019, when the government of Prime Minister Narendra Modi of India tightened its grip on the Indian-controlled part of Kashmir, promising security and economic development, it has become a tourist hot spot drawing millions of visitors a year. In the government’s narrative of progress, Kashmir…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJared Holz, Mizuho Securities health care strategist, joins ‘Fast Money’ to discuss Eli Lilly’s biggest day drop since 2008 and the obesity drug competition. Source link
U.S. Secretary of Education Linda McMahon smiles during the signing event for an executive order to shut down the Department of Education next to U.S. President Donald Trump, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. Carlos Barria | ReutersHouse Republicans have a plan to drastically change how millions of Americans repay their student debt.Under the GOP’s new proposal, known as the Student Success and Taxpayer Savings Plan, there would be just two repayment options for those with federal student loans. Currently, borrowers have about 12 ways to repay their student debt, according to higher…
A Kenyan lawmaker was gunned down on a busy Nairobi street by a motorcycle-riding assassin on Wednesday evening, in what the police described as a “targeted and premeditated” attack.The lawmaker, Charles Were, who was serving a second term in Parliament, was in a vehicle stopped at a traffic light when he was killed, the police said. Witnesses reported that a person riding on the back of a motorcycle had hopped off and shot into the passenger side of Mr. Were’s car before being whisked away by the motorcycle’s driver, the police said.A motive was not immediately clear. Muchiri Nyaga, a…
After Meta ‘s stronger-than-expected earnings report, Wall Street is looking at the path ahead for the social media giant. The Facebook and Instagram parent said it earned $6.43 per share on revenues of $42.31 billion in the first quarter. Analysts polled by LSEG expected $5.28 per share and $41.40 billion in revenue. Meta gave a second-quarter sales outlook that was in line with consensus estimates. Also of note, Meta’s Reality Labs hardware division posted a smaller operating loss than Wall Street expected. Shares rallied more than 6% before the bell on Thursday. That marks a turn for the Big Tech…
