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Comcast Q1: Broadband subscriber loss weighs on stock

Shares of Comcast (CMCSA) are trading lower Thursday, after the media giant reported its first quarter results. While the company added 3 million paid subscribers to its streaming platform Peacock, it reported a wider-than-expected loss in broadband customers. However, the cable company's earnings did top estimates. Yahoo Finance's Brad Smith and Seana Smith break down the details of Comcast's quarterly performance, dissecting the factors behind the company's strengths and weaknesses. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 8 minutes ago

CMCSA
Caterpillar issues sales warning, misses on Q1 revenue

Construction machinery manufacturer Caterpillar (CAT) saw a mixed bag of first-quarter earnings results, falling short of revenue estimates ($14.96 billion compared to an expected $15.13 billion) but topping adjusted earnings per share outlook ($5.60 compared to an expected $5.13). Caterpillar shares are in turn falling Thursday morning, though it has been on a run year-to-date in 2024. Yahoo Finance Senior Business Reporter Ines Ferré crunches the numbers on Caterpillar's results, breaking down the warning it issued on declining sales. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 37 minutes ago

CAT
IBM stock plunges amid narrow Q1 revenue miss, HashiCorp talks

IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

IBM

HCP
Stocks open lower on US GDP print, tech earnings

The major stock market averages (^DJI, ^IXIC, ^GSPC) are opening Thursday lower on the first-quarter GDP print and Big Tech stocks earnings results. The Morning Brief's Seana Smith and Brad Smith monitor the market action after the opening bell, while Senior Markets Reporter Jared Blikre takes a closer look at these stocks' performance entering the morning session: Altria Group (MO), Caterpillar (CAT), and Southwest Airlines (LUV). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 1 hour ago

CAT

MO

^GSPC
Stocks plunge on weaker-than-expected GDP reading: Yahoo Finance

Markets (^DJI, ^IXIC, ^GSPC) are deep in the red this morning after the latest reading of first-quarter GDP showed just 1.6% growth, much lower than the 2.5% expected. Shares of Meta (META) are deep in the red this morning despite the company beating earnings expectations. Investors were spooked by the tech giant’s second-quarter outlook. IBM (IBM) shares are also falling this morning after reporting first-quarter revenue that missed expectations. Today we will hear from several top names, including American Airlines (AAL), Caterpillar (CAT), Merck (MRK), Royal Caribbean (RCL), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Intel (INTC), and Roku (ROKU). Yahoo Finance trending tickers include Chipotle (CMG), ServiceNow (NOW), and Ford (F). Key guests include: 9:30 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist 9:45 a.m. ET - Jack Hartung, Chipotle CFO 10 a.m. ET - Roger McNamee, Elevation Partners Co-Founder 10:10 a.m ET - Glenn Kelman, Redfin CEO 11 a.m. ET - Glenn Kelman, Redfin CEO

Yahoo Finance Video 3 hours ago

META

IBM

GOOG
Meta stock slides after second quarter outlook disappoints

Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.

Yahoo Finance 5 hours ago

META

GOOG
Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results

Chipotle posted another strong quarter against a difficult macro backdrop.

Yahoo Finance 17 hours ago

MCD

CMG
Meta is out-executing its peers on generative AI: Analyst

Meta Platforms (META) posted first-quarter earnings results above analyst estimates, posting adjusted earnings of $4.71 per share and $36.46 billion in revenue. Meta shares plummeted by over 10% after releasing earnings after Wednesday's market close, many experts attributing this reaction to the social media giant's second-quarter outlook. Roth MKM Managing Director and Senior Research Analyst Rohit Kulkarni comes on Market Domination Overtime to talk about what could become Meta's next big revenue driver, noting the tech company's strides in generative AI compared to other competitors in the Magnificent Seven. "The reason I say that is they have re-created the entire ad stack that has about 10 to 15 million customers which are advertisers, so the scale of improvement that those advertisers will get with gen AI improvements is going to be amplified and that's going help with the fundamentals," Kulkarni explains. Kulkarni goes on to discuss Meta's social media opportunities if TikTok parent company ByteDance does not comply with the United States' legislative ultimatum signed by President Biden earlier today. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 18 hours ago

META
Stock market today: Tesla surges 12%, stocks go nowhere amid earnings rush

Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.

Yahoo Finance 18 hours ago

^DJI

^IXIC

^GSPC
Boeing stock slides after tumultuous quarter headlined by 737 Max crisis

Boeing (BA) on Wednesday reported results that beat Wall Street expectations after a tumultuous first quarter.

Yahoo Finance 19 hours ago

EADSF

EADSY

DAL
Microsoft to report Q3 revenue as Wall Street looks for AI growth

Microsoft will report its Q3 earnings after the bell Thursday, as investors look for AI growth.

Yahoo Finance 20 hours ago

GOOG

AMZN

MSFT
Citi strategist expects a 'beat and hold' earnings season

Nearly three-fourths of the S&P 500 companies (^GSPC) that have reported their first-quarter results so far have posted positive earnings surprises, according to FactSet data. When speaking to Yahoo Finance last week, Evercore ISI's Julian Emanuel described the broader markets (^DJI, ^IXIC, ^GSPC) as having "digestion problems" this earnings season around positive results. Citi Director of US Equity Strategy Drew Pettit sits down with The Morning Brief in-studio to weigh in on earnings results, plainly stating that markets haven't "fully reset [the] risk/reward [ratio]" even when factoring in positive earnings data. "The overall theme we expect for this quarter is beat-and-old. That's not really exciting at this point. I think a lot of companies are going to use the run we've had year-to-date, especially in a lot of the growth names that have outperformed, to maybe temper expectations," Pettit tells Yahoo Finance. "Because we think the back half, it's going to get a little bit harder to beat, especially when we get to Q4." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 23 hours ago

^GSPC

^IXIC

^DJI
Dave Ramsey Says Take Social Security at Age 62, But Only If You Do This With Each Check

It's safe to say that financial guru Dave Ramsey is no fan of Social Security, having called the program a "stupid thing" and a "mathematical disaster" that "robbed" him of money for decades. It...

GOBankingRates 15 minutes ago

^GSPC

OPEN
Prime Video to Become the Home of National Monday Night NHL Games in Canada Beginning in 2024-25 Season, with Prime Monday Night Hockey

Amazon (NASDAQ: AMZN), Rogers Communications, and the National Hockey League (NHL) today announced a milestone two-year agreement in Canada to bring hockey fans Monday night NHL hockey exclusively on Prime Video.

CNW Group 15 minutes ago

AMZN
Amazon announces $11bn data centre investment in US state of Indiana

AWS has committed an additional $7bn investment for local infrastructure improvements.

Verdict 18 minutes ago

AMZN
Dow Jones Falls 700 Points, Stock Market Pounded As Meta, Caterpillar Plunge; Gold Price Holds Steady

The Dow Jones Industrial Average dropped more than 700 points in morning trades Thursday, as the index was hit by an earnings-fueled drop from component Caterpillar. Meanwhile, Facebook and Instagram operator Meta Platforms led techs lower, gapping down and plunging as much as 16% on the stock market today. The Dow Jones index plunged 1.8%, near its session low.

Investor's Business Daily 23 minutes ago

CAT

META

^DJI
Is Bristol Myers Squibb Stock a Millionaire Maker?

Bristol Myers Squibb faces some challenges, but there could be light at the end of the tunnel for long-term investors.

Motley Fool 30 minutes ago

CELG-RT

^GSPC
Comcast Remains Dedicated to Closing the Digital Divide

NORTHAMPTON, MA / ACCESSWIRE / April 25, 2024 / Comcast Corporation By Broderick Johnson For more than a decade, Comcast has been dedicated to closing the digital divide. Achieving digital equity is at the heart of the work we do because we know how ...

ACCESSWIRE 30 minutes ago

CMCSA
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap

(Bloomberg) -- Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures.Most Read from BloombergMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to

Bloomberg 34 minutes ago

^GSPC

META
AstraZeneca Flirts With A Breakout After Cancer Drug Sales Shine; Sanofi, Bristol Stocks Diverge

AstraZeneca stock bolted higher Thursday — and is now within striking distance of a breakout — after its cancer drugs propelled a sales beat.

Investor's Business Daily 44 minutes ago

AZN

SNY

CELG-RT

Performance Overview

Return	2038.HK	HANG SENG INDEX
YTD	+26.23%	+1.39%
1-Year	-3.75%	-13.40%
3-Year	-33.04%	-40.56%

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Related News

Comcast Q1: Broadband subscriber loss weighs on stock

Caterpillar issues sales warning, misses on Q1 revenue

IBM stock plunges amid narrow Q1 revenue miss, HashiCorp talks

Stocks open lower on US GDP print, tech earnings

Stocks plunge on weaker-than-expected GDP reading: Yahoo Finance

Meta stock slides after second quarter outlook disappoints

Chipotle blows by earnings estimates as resilient foot traffic, margin expansion boost Q1 results

Meta is out-executing its peers on generative AI: Analyst

Stock market today: Tesla surges 12%, stocks go nowhere amid earnings rush

Boeing stock slides after tumultuous quarter headlined by 737 Max crisis

Microsoft to report Q3 revenue as Wall Street looks for AI growth

Citi strategist expects a 'beat and hold' earnings season

Dave Ramsey Says Take Social Security at Age 62, But Only If You Do This With Each Check

Prime Video to Become the Home of National Monday Night NHL Games in Canada Beginning in 2024-25 Season, with Prime Monday Night Hockey

Amazon announces $11bn data centre investment in US state of Indiana

Dow Jones Falls 700 Points, Stock Market Pounded As Meta, Caterpillar Plunge; Gold Price Holds Steady

Is Bristol Myers Squibb Stock a Millionaire Maker?

Comcast Remains Dedicated to Closing the Digital Divide

Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap

AstraZeneca Flirts With A Breakout After Cancer Drug Sales Shine; Sanofi, Bristol Stocks Diverge

Performance Overview