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Abbvie stock falls amid growing biosimilar competition

Pharmaceutical giant AbbVie Inc. (ABBV) shares came under pressure as the market closed on Friday, following the disappointing first quarter sales performance of the company's arthritis drug, Humira. The company forecast that Humira's sales could slow further in the face of heightened competition. Yahoo Finance's health reporter Anjalee Khemlani breaks down the details, providing insight into the rise of biosimilars in the market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 19 minutes ago

ABBV
Stock market today: Nasdaq surges 2% as Big Tech leads rally after earnings

Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel.

Yahoo Finance 1 hour ago

^GSPC

^IXIC

^DJI
Meme stocks are 'speculation,' not investing. Here's why.

As meme stocks gain traction, Todd Walsh, Alpha Cubed Investments CEO and author of Exponential Gains: How to Find and Manage the Next Great Stocks and Transform Your Portfolio, joins Wealth! to shed light on why investors should avoid these speculative investments. Walsh points out that "a generation of investors" are currently drawn to meme stocks, mistakenly believing they are investing when, in reality, these stocks "are just speculation." He emphasizes the importance of investors establishing a "foundation" and an "investment process" that filters out speculative plays. Walsh advises investors to "get away from the idea of making a big score" and instead focus on factors such as a company's earnings and profitability. This approach promotes a more disciplined investment strategy, he adds. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

Yahoo Finance Video 4 hours ago

GME

DJT

DJTWW
Earnings: Investors are focusing on outlooks, strategist says

It's been a wild week for stocks (^DJI,^GSPC, ^IXIC) with investors putting a lot of focus on earnings. Nicole Inui, Head of Equity Strategy for the Americas at HSBC, tells Yahoo Finance that "earnings have come in, actually, much stronger than expected." Inui notes that "when we see companies reporting earnings, it's not so much what they're reporting in the quarter, but what they are saying for the second half of the year." Watch the video above to hear why Inui thinks companies will likely be able to deliver on high earnings expectations as the year progresses. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.

Yahoo Finance Video 5 hours ago

^DJI

^IXIC

^GSPC
Chevron, Exxon face energy headwinds, lower profits in Q1

Exxon Mobil (XOM) and Chevron (CVX) reported their first quarter earnings, with both companies revealing a fall in revenue for the quarter compared to the same period last year. However, both companies beat Wall Street expectations for revenue for the quarter. Chevron claims the revenue drop is partly due to lower margins on refined product sales. Yahoo Finance Reporter Ines Ferre joins The Morning Brief to analyze the latest developments for these companies and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

Yahoo Finance Video 7 hours ago

XOM

CVX
Alphabet market cap tops $2 trillion after earnings beat, dividend announcement

Alphabet reported Q1 earnings on Thursday that beat estimates. The company also announced its first-ever dividend.

Yahoo Finance 12 hours ago

MSFT

^IXIC

META
Why Charter Communications Stock Sank Today

The company's inaugural quarter of 2024 didn't provide much fuel for optimism.

Motley Fool 10 minutes ago

CHTR

^GSPC
Dow Jones Futures: Nvidia Leads 7 New Buys As Market Roars; Fed, Apple, Super Micro Loom

Nvidia and several other leaders flashed buy signals as the market roared. Investors should take advantage, but it's a jungle out there.

Investor's Business Daily 15 minutes ago

^GSPC

COMP

^DJI
Why Saia Stock Plunged Today

The business grew, but first-quarter results missed estimates.

Motley Fool 17 minutes ago

SAIA
Key Fed Inflation Rate Averts Worst Fears; S&P 500 Rises

The Federal Reserve may have dodged a bullet, as the feared increase in the key 12-month inflation rate didn’t come to pass.

Investor's Business Daily 30 minutes ago

^GSPC

GOOG

MSFT
Cava, IBD Stock Of The Day, Surges Past Buy Point As Restaurants Come In Hot

Stock Of The Day: Fast-growing Mediterranean restaurant chain Cava hits Chicago and is racing past a buy point, along with several other restaurant chains.

Investor's Business Daily 30 minutes ago

CAVA

SHAK
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases

The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.

The Wall Street Journal 37 minutes ago

AMC
Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision

Alphabet, Microsoft Rallies Help Lift Equities Ahead of Next Week's Fed Decision

PREMIUM
MT Newswires 54 minutes ago

COMP

^GSPC

^DJI
S&P 500 Posts First Weekly Gain Since March as Tech, Consumer Discretionary Lead Rise on Better-Than-Expected Earnings

S&P 500 Posts First Weekly Gain Since March as Tech, Consumer Discretionary Lead Rise on Better-Than-Expected Earnings

PREMIUM
MT Newswires 1 hour ago

^GSPC

GOOG
Lofty US stocks leave investors punishing earnings disappointments

Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports from Microsoft and Google parent Alphabet on Thursday helped propel the S&P 500 to its biggest weekly gain since early November following its first 5% pullback of the year. The S&P 500 is up about 7% in 2024 and some 24% since late October.

Reuters 1 hour ago

^GSPC
Wall Street Humbled as Fast-Reversing Markets Confound the Pros

(Bloomberg) -- With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire S

Bloomberg 1 hour ago

COMP

GOOG

IBM
If You'd Invested $500 in Energy Transfer 5 Years Ago, Here's How Much You'd Have Today

Energy Transfer stock hasn't performed well over the last five years, but there's a hidden reality.

Motley Fool 1 hour ago

ET

^GSPC
If You'd Invested $1,000 in Ripple (XRP) 5 Years Ago, Here's How Much You'd Have Today

You might be surprised to learn how an investment in the cryptocurrency would have done compared to one in the S&P 500.

Motley Fool 1 hour ago

^GSPC
Stocks Rebound To End Week With Gains Across Board; Big Tech Helps Nasdaq Shine

The Nasdaq outshined the other major indexes on Friday as Big Tech stocks helped lift the tech-heavy index.

Investor's Business Daily 1 hour ago

^DJI

GOOG

MSFT
AMC Entertainment Holdings, Inc. Previews First Quarter 2024 Preliminary Results and Announces First Quarter 2024 Earnings Webcast

LEAWOOD, Kan., April 26, 2024--AMC Entertainment Holdings, Inc. (NYSE: AMC) (the "Company," or "AMC"), today released preliminary results for the first quarter ended March 31, 2024. The preliminary results are unaudited, subject to completion of the Company’s financial reporting processes, based on information known by management as of the date of this press release and do not represent a comprehensive statement of our financial results for the quarter ended March 31, 2024. AMC expects:

Business Wire 1 hour ago

AMC

Performance Overview

Return	PRECWIRE.NS	S&P BSE SENSEX
YTD	+15.31%	+2.06%
1-Year	+87.16%	+22.62%
3-Year	+501.34%	+53.99%

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Related News

Abbvie stock falls amid growing biosimilar competition

Stock market today: Nasdaq surges 2% as Big Tech leads rally after earnings

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AMC Entertainment Holdings, Inc. Previews First Quarter 2024 Preliminary Results and Announces First Quarter 2024 Earnings Webcast

Performance Overview