NYSE - Nasdaq Real Time Price USD

Fresh Del Monte Produce Inc. (FDP)

26.03

+0.05

(+0.19%)

At close: 4:00 PM EDT

25.50

-0.53

(-2.04%)

After hours: 4:04 PM EDT

Norfolk Southern warns of revenue hit tied to Baltimore bridge

Norfolk Southern (NSC) shares are falling during Wednesday's trading session after the company reported disappointing first-quarter results, missing analyst expectations on both revenue and adjusted EPS. The railroad freight operator cautions that the collapse of Baltimore's Francis Scott Key Bridge in March could have a substantial financial impact on the company with losses ranging from $25 million to $35 million per month, as supply chains face significant disruptions. Market Domination's Julie Hyman and Josh Lipton break down the details, providing insights into other freight stocks feeling pressure from the bridge collapse. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 6 minutes ago

UNP

NSC

ODFL
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 25 minutes ago

EADSF

EADSY

BA
Nvidia acquires AI workload management startup Run:ai for $700M, sources say

Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren't being disclosed publicly, but two sources close to the matter tell TechCrunch that the price tag was $700 million. CTech reported earlier this morning the companies were in "advanced negotiations" that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, the negotiations went off without a hitc

TechCrunch 3 hours ago

NVDA
Biden is sending $61 billion to Ukraine. Much of it will pass through the US economy first.

Washington is spending another $61 billion to help Ukraine. But most of the money will flow through the US economy first.

Yahoo Finance 4 hours ago

RTX

BAESF

BAESY
Boeing’s brutal 2024 start leads to dismal Q1: Key figures

Boeing (BA) has seen an incredibly bumpy start to its year dealing with multiple investigations, production issues, and a leadership change expected by the end of 2024. The company released its first-quarter earnings, beating estimates on both the top and the bottom line despite issues — the aerospace manufacturer posted adjusted losses of $1.13 per share — but is there more to the report for Boeing? Yahoo Finance Anchor Brad Smith breaks down the key figures from Boeing's first-quarter report and what they mean for consumers and investors alike. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Yahoo Finance Video 6 hours ago

BA
Tesla earnings, Boeing, TikTok ban bill: 3 Things

Tesla (TSLA) stocks are popping in Wednesday's pre-market trading after commenting on its plans for more affordable EV models in its earnings call on Tuesday. The electric vehicle maker reported a first-quarter earnings miss as its shares have fallen over 40% year-to-date in 2024. Boeing (BA) posted better-than-expected earnings, revealing revenue of $16.57 billion while its adjusted losses were lower-than-expected at $1.13 per share. The aerospace manufacturer stated it is "undertaking comprehensive actions" to address safety concerns and overhaul its assembly process. Lastly, US lawmakers have passed its foreign aid package that includes the controversial bill that could ban TikTok's operations in the US. Currently, the bill is on its way to President Biden who is expected to sign it into law. 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 7 hours ago

TSLA

BA
How big will tech earnings be for markets? Top Takeaways

Do the markets bow to Big Tech or are tech leaders influenced by broader market trends? Big Tech weighs heavily on the stock market (^DJI, ^IXIC, ^GSPC) this earnings season after the run-ups — and eventual declines — in stocks comprising the Magnificent Seven. Yahoo Finance's Head of News Myles Udland and Markets Reporter Josh Schafer join Market Domination Overtime to talk about earnings forecasts for dominant tech companies like Nvidia (NVDA) and where the biggest catalysts lie this earnings season. 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 23 hours ago

XLK

^IXIC

NVDA
Meta Stock Drops After Earnings. The Facebook Parent Is Spending More on AI.

The parent of Facebook and Instagram ratcheted up its spending plans as it continues to invest in AI software and services.

Barrons.com 2 minutes ago

META
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta said Wednesday its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.

Associated Press Finance 5 minutes ago

META
Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.

Chipotle Mexican Grill posted first-quarter earnings and sales that beat Wall Street expectations, lifting the stock by 2.2% in after-hours trading on Wednesday. The consensus call among Wall Street analysts surveyed by FactSet was for $11.69 in EPS and $2.68 billion in sales. Chipotle Mexican Grill is set to report earnings on Wednesday after the market closes.

Barrons.com 10 minutes ago

CMG
Meta Stock Slides Despite Q1 Earnings, Sales Beat

Meta stock sank late Wednesday, despite the social media giant behind Facebook and Instagram reported first-quarter earnings and sales that exceeded expectations. The company's revenue guidance came in below expectations while it raised guidance for capital expenditures. Meta Platforms said that it earned $4.71 per share on sales of $36.46 billion for the March-ending quarter.

Investor's Business Daily 13 minutes ago

META
UPDATE 1-Chipotle Mexican Grill raises full-year sales forecast on resilient burrito demand

Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, betting on resilient demand for its burritos and rice bowls from its relatively wealthier clientele despite higher menu prices. Chipotle has seen an increase in foot traffic at its stores thanks in part to its higher-income customer base that is relatively less impacted in the face of sticky inflation. Data from Placer.ai showed that monthly visits to Chipotle during the months of January, February and March had outpaced the wider fast-casual segment.

Reuters 20 minutes ago

CMG
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software

International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. Software has been a bright spot for IBM as its consulting business grapples with more cautious spending by enterprises navigating higher interest rates. IBM will pay $35 per share for HashiCorp, a 42.6% premium to Monday's closing price.

Reuters 21 minutes ago

IBM

HCP
Chipotle (NYSE:CMG) Surprises With Q1 Sales

Mexican fast-food chain Chipotle (NYSE:CMG) reported Q1 CY2024 results topping analysts' expectations, with revenue down 14.1% year on year to $2.70 billion. It made a non-GAAP profit of $13.37 per share, improving from its profit of $10.50 per share in the same quarter last year.

StockStory 21 minutes ago

CMG
Meta's (NASDAQ:META) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops

Social network operator Meta Platforms (NASDAQ:META) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 27.3% year on year to $36.46 billion. On the other hand, next quarter's revenue guidance of $37.75 billion was less impressive, coming in 1.5% below analysts' estimates. It made a GAAP profit of $4.71 per share, improving from its profit of $2.20 per share in the same quarter last year.

StockStory 24 minutes ago

META
Meta raises 2024 expenses forecast to support AI development

The company expects 2024 capital expenditure in the range of $35 billion to $40 billion, up from its earlier forecast of $30 billion to $37 billion. Meta has been updating its ad buying products with AI tools and short video formats to boost revenue growth, while also introducing AI features like a chat assistant to drive engagement on its social media properties.

Reuters 26 minutes ago

META
John B. Sanfilippo & Son, Inc. 3rd Quarter Fiscal Year 2024 Operating Results Conference Call

Elgin, IL, April 24, 2024 (GLOBE NEWSWIRE) -- John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS), a major processor and distributor of snack and recipe nut products, will hold its quarterly conference call to discuss its third quarter fiscal year 2024 operating results on Thursday, May 2, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Third quarter fiscal 2024 results are expected to be released after the market closes on Wednesday, May 1, 2024. To register for the call, please click on th

GlobeNewswire 26 minutes ago

JBSS
+0.15%
CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2024.

PR Newswire 26 minutes ago

CMG
IBM Is Buying HashiCorp For $6.4 Billion. Earnings Top Estimates Amid AI Strength.

IBM has agreed to buy the cloud-software company HashiCorp for $35 a share in cash, or about $6.4 billion, the company said Wednesday. Earlier this week, The Wall Street Journal had reported that IBM and HashiCorp were close to a deal, but had not reported a price for the transaction. IBM said the deal should be accretive to adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, within the first full year after completion, and to free cash flow in year two.

Barrons.com 27 minutes ago

IBM

HCP
IBM RELEASES FIRST-QUARTER RESULTS

IBM (NYSE: IBM) today announced first-quarter 2024 earnings results.

PR Newswire 28 minutes ago

IBM

Performance Overview

Return	FDP	S&P 500
YTD	+0.20%	+6.33%
1-Year	-8.54%	+22.70%
3-Year	-5.53%	+21.33%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Fresh Del Monte Produce Inc. (FDP)

Related News

Norfolk Southern warns of revenue hit tied to Baltimore bridge

Boeing stock slides after tumultuous quarter headlined by 737 Max crisis

Nvidia acquires AI workload management startup Run:ai for $700M, sources say

Biden is sending $61 billion to Ukraine. Much of it will pass through the US economy first.

Boeing’s brutal 2024 start leads to dismal Q1: Key figures

Tesla earnings, Boeing, TikTok ban bill: 3 Things

How big will tech earnings be for markets? Top Takeaways

Meta Stock Drops After Earnings. The Facebook Parent Is Spending More on AI.

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.

Meta Stock Slides Despite Q1 Earnings, Sales Beat

UPDATE 1-Chipotle Mexican Grill raises full-year sales forecast on resilient burrito demand

IBM to buy HashiCorp in $6.4 billion deal to expand cloud software

Chipotle (NYSE:CMG) Surprises With Q1 Sales

Meta's (NASDAQ:META) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops

Meta raises 2024 expenses forecast to support AI development

John B. Sanfilippo & Son, Inc. 3rd Quarter Fiscal Year 2024 Operating Results Conference Call

CHIPOTLE ANNOUNCES FIRST QUARTER 2024 RESULTS

IBM Is Buying HashiCorp For $6.4 Billion. Earnings Top Estimates Amid AI Strength.

IBM RELEASES FIRST-QUARTER RESULTS

Performance Overview