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Shalimar Wires Industries Limited (SHALIWIR.BO)

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Walgreens launches specialty pharmacy unit to compete in new PBM era

Walgreens is launching new services and consolidating specialty services to compete in the pharmacy benefits management (PBM) space.

Yahoo Finance 2 minutes ago

WBA

AMZN

CVS
Intel to report Q1 earnings as Wall Street eyes AI and foundry growth

Intel will report its first quarter earnings after the bell on Thursday, as investors look for signs of growth in the company's AI and foundry segments.

Yahoo Finance 15 minutes ago

INTC

QCOM

NVDA
Meta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo Finance

Meta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo FinanceShares 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 2 hours ago

AAL

IBM

NOW
Biden has a favorite stop when he hits the road: Chipmaking plants

Visiting chipmakers has become one of President Biden's most common reasons for getting on the road. He will do so again Thursday as he travels to Syracuse to award Micron $6 billion in federal money.

Yahoo Finance 5 hours ago

TSM

TSMWF

MU
Chipotle earnings: Limited-time offerings boost results

Shares of Chipotle Mexican Grill (CMG) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share (EPS) came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results. Hottovy attributes the company's strong performance to factors such as product innovation, robust traffic, and operating margin improvements throughout the quarter. He notes that this top-line revenue trend could continue into the second quarter, stating, "not every restaurant operator can say that in this environment." Hottovy also highlights Chipotle's efficient system, which resonates well with consumers. He points out that even when lines are long at Chipotle, customers are willing to wait "because they know they can get through that quickly," a characteristic that is not sector-wide. Lastly, Hottovy emphasizes that Chipotle — from a valuation perspective— still has ample growth opportunities, "particularly in smaller markets." 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 Angel Smith

Yahoo Finance Video 16 hours ago

CMG
IBM earnings top estimates, acquiring HashiCorp for $6.4B

IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was just shy of expectations of $14.5 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. 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 Stephanie Mikulich. This post has been updated to reflect a more accurate revenue estimate.

Yahoo Finance Video 17 hours ago

IBM

HCP
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 19 hours ago

GOOG

AMZN

MSFT
US STOCKS-Wall St drops as Meta Platforms, economic data weigh

U.S. stocks were sharply lower on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon. Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue. Other growth stocks also came under pressure, with Alphabet , Amazon.com and Microsoft down between 4.3% and 4.5%.

Reuters 13 minutes ago

COMP

^GSPC

^DJI
Microsoft, Alphabet Face a ‘Show Me’ Moment After Meta Misfire

(Bloomberg) -- The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast. 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 ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsHow to Get a Meeting With the UAE’s $1.5 Trillion ManMeta’s Miss Sparks Fears in

Bloomberg 18 minutes ago

MSFT

GOOG

META
Dow Jones Dives 650 Points On Weak GDP Data; Meta Plunges 16% On Earnings

Stock Market Today: The Dow Jones dived 650 points on weak GDP data. Meta stock plunged on earnings, while Google and Microsoft report next.

Investor's Business Daily 19 minutes ago

^DJI

GOOG

^RUT
American Airlines Stock, Southwest Airlines Drop As Boeing Casts Shadow Over Q1 Earnings

American Airlines and Southwest Airlines both missed first-quarter revenue expectations Thursday. However, AAL shares jumped early before edging lower while LUV stock sank as the air carriers offered very different outlooks.

Investor's Business Daily 21 minutes ago

AAL

LUV
Zuckerberg Asks for Patience as Meta’s AI Push Spooks Market

(Bloomberg) -- Mark Zuckerberg is asking investors for patience again. Instead, they’re alarmed. 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 ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsHow to Get a Meeting With the UAE’s $1.5 Trillion ManMeta’s Miss Sparks Fears in Tech With More Earnings AheadAfter Meta Platforms Inc. revealed that it will spend bill

Bloomberg 21 minutes ago

META
GLOBAL MARKETS-Stocks struggle after Meta moodswings, tepid US GDP

Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, while FX markets watched Japan's yen sink through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushed Wall Street lower at its open but with more 'Big Tech' earnings scheduled for later it was Meta's slump that soured the mood the most.

Reuters 27 minutes ago

META

^FTSE
Caterpillar Shares Plunge After Warning of Slower Second-Quarter Sales

(Bloomberg) -- Caterpillar Inc. reported first-quarter results that showed machinery sales slipping from a year earlier and warned that the trend is expected to continue in its second quarter.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 ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsHow to Get a Meeting With the UAE’s $1.5 Trillion ManMeta’s Miss Sparks F

Bloomberg 27 minutes ago

CAT
Meta Stock Crashes Despite Strong Report. 'AI Fever Claims Yet Another Victim'

Meta Platforms late Wednesday posted first-quarter earnings results that topped expectations, with a 27% year over year revenue growth. Chief Executive Mark Zuckerberg defended the company's plan to "invest significantly more over the coming years" to advance its AI ambitions. On the stock market today, Meta stock plunged more than 14% to 420.75 in morning trades.

Investor's Business Daily 29 minutes ago

META
Q1 2024 Meta Platforms Inc Earnings Call

Q1 2024 Meta Platforms Inc Earnings Call

Thomson Reuters StreetEvents 37 minutes ago

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

(Bloomberg) -- Wall Street was rattled by economic figures 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 ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsHow to Get a Meeting With the UAE’s $1.5 Trillion ManMet

Bloomberg 41 minutes ago

^GSPC

META
Tractor Supply Co (TSCO) Q1 Earnings: Surpasses Analyst Revenue Forecasts with Strong Growth ...

Robust Q1 Performance Bolstered by Strategic Expansions and Cost Management

GuruFocus.com 41 minutes ago

TSCO
Meta Stock Is Headed for Worst Day in Years, Drop Shaves Billions Off Market Cap

The company's plans to spend even more on its artificial-intelligence efforts appears to have shaken investors.

Barrons.com 45 minutes ago

META
Southwest Airlines Shares Plunge as Q1 Loss Widens, Revenue Misses Estimates; Expects to Lay Off 2,000 Employees

Southwest Airlines Shares Plunge as Q1 Loss Widens, Revenue Misses Estimates; Expects to Lay Off 2,000 Employees

PREMIUM
MT Newswires 47 minutes ago

LUV

BA

Performance Overview

Return	SHALIWIR.BO	MSCI WORLD
YTD	-7.87%	+3.58%
1-Year	+96.00%	+16.13%
3-Year	+487.05%	+11.43%

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Related News

Walgreens launches specialty pharmacy unit to compete in new PBM era

Intel to report Q1 earnings as Wall Street eyes AI and foundry growth

Meta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo Finance

Biden has a favorite stop when he hits the road: Chipmaking plants

Chipotle earnings: Limited-time offerings boost results

IBM earnings top estimates, acquiring HashiCorp for $6.4B

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

US STOCKS-Wall St drops as Meta Platforms, economic data weigh

Microsoft, Alphabet Face a ‘Show Me’ Moment After Meta Misfire

Dow Jones Dives 650 Points On Weak GDP Data; Meta Plunges 16% On Earnings

American Airlines Stock, Southwest Airlines Drop As Boeing Casts Shadow Over Q1 Earnings

Zuckerberg Asks for Patience as Meta’s AI Push Spooks Market

GLOBAL MARKETS-Stocks struggle after Meta moodswings, tepid US GDP

Caterpillar Shares Plunge After Warning of Slower Second-Quarter Sales

Meta Stock Crashes Despite Strong Report. 'AI Fever Claims Yet Another Victim'

Q1 2024 Meta Platforms Inc Earnings Call

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

Tractor Supply Co (TSCO) Q1 Earnings: Surpasses Analyst Revenue Forecasts with Strong Growth ...

Meta Stock Is Headed for Worst Day in Years, Drop Shaves Billions Off Market Cap

Southwest Airlines Shares Plunge as Q1 Loss Widens, Revenue Misses Estimates; Expects to Lay Off 2,000 Employees

Performance Overview