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Spotify CEO Daniel Ek hints at more price increases, flexible plans

Spotify CEO Daniel Ek suggested more price increases are coming as the audio giant plans to offer various subscription plans to attract as many users as possible.

Yahoo Finance 5 minutes ago

SPOT
JetBlue stock tumbles on full-year guidance cut, Q1 results

Shares of JetBlue Airways (JBLU) plunge ahead of Tuesday's market open, despite the airline reporting better-than-expected first-quarter earnings results. While JetBlue narrowly surpassed revenue estimates — posting $2.21 billion compared to analyst expectations of $2.2 billion — and reported better-than-anticipated adjusted losses per share, the company slashed its full-year revenue outlook. JetBlue forecasts elevated capacities in its Latin American region will put pressure on revenue growth going forward. 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

JBLU
General Motors stock pops after raising full-year outlook

Shares of General Motors (GM) are trading higher after the automaker reported a beat on first-quarter revenue estimates. The company posted revenue of $43 billion, surpassing analysts' estimates of $42.2 billion, driven by recovering demand for its vehicles. General Motors also raised its full-year guidance. Yahoo Finance's Brian Sozzi breaks down the details, providing insights into the company's future pricing strategies. 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

GM
GM CFO on electric vehicle demand: It will be choppy

GM CFO says the demand for EVs in America will be up and down.

Yahoo Finance 1 hour ago

TSLA

F

GM
Goldman is getting out of the robo-advisory business

Goldman Sachs is exiting the robo-advisory business as it tries to scale back its ambitions and re-focus on core strengths.

Yahoo Finance 19 hours ago

GS

AAPL

GM
General Motors Q1 Earnings Surprise: North America Growth, Rising Profit Margin And Annual Guidance Boost

General Motors Company (NYSE: GM) reported a fiscal first-quarter 2024 sales growth of 7.6% year-on-year to $43.01 billion, beating the analyst consensus estimate of $41.88 billion. Adjusted EPS of $2.62 beat the consensus estimate of $2.14. The stock price climbed after the results. GM's market share reached 8.1% for the quarter, compared to 8.7% a year ago. In the U.S., the share changed to 15.4%, down from 16.4%. Its share in China reached 7.9%, down from 9.1% a year earlier. GM's North Ameri

Benzinga 5 minutes ago

GM
UPDATE 1-UPS sees profit in U.S. Postal Service work that dragged down FedEx earnings

United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy services for the quasi-governmental agency.

Reuters 6 minutes ago

FDX

UPS
Why JetBlue Stock Is Flying Downward Today

The airline's revenue forecast highlights the challenges it faces.

Motley Fool 14 minutes ago

JBLU
Here's Why Spotify Stock Jumped Today

The audio-streaming platform is setting records as subscribers pay for premium services.

Motley Fool 37 minutes ago

SPOT
Spotify Stock Jumps After Earnings Top Expectations

Spotify stock surged after the audio-streaming company swung to a first-quarter profit. Shares jumped over 14% to trade at around $312.90, putting the stock on track for its highest close since March 2021.

The Wall Street Journal 38 minutes ago

SPOT
Stock Laggards Tuesday: JetBlue, PepsiCo, Nucor

↘️ **JetBlue (JBLU)**: Shares tumbled nearly 15% in early trading after the airline sliced its 2024 revenue forecast. The carrier cited elevated capacity in its key Latin America network. ↘️ **PepsiCo (PEP)**: The maker of Lay’s and Doritos posted sales that topped analysts' projections, but its earnings disappointed.

The Wall Street Journal 44 minutes ago

CDNS

TPR

CPRI
Spotify Surges on Swing to Profit, Boost in Paid Subscribers

(Bloomberg) -- Spotify Technology SA shares surged the most in almost two years after the the audio-streaming giant reported it swung to a profit in the first quarter, as the company boosted subscribers and added new features. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyElon Musk’s Robotaxi Drea

Bloomberg 46 minutes ago

SPOT
Nucor, Cleveland-Cliffs Trip Sell Signals On Earnings Misses

Nucor and Cleveland-Cliffs earnings missed Q1 estimates. NUE sold off after guiding Q2 EPS lower. CLF fell too, despite a bigger stock buyback.

Investor's Business Daily 50 minutes ago

STLD

NUE

CLF
Solar company Sunpower flags issues with financial reporting

It expects a $15 million to $25 million decrease in income from continuing operations before income taxes and some other adjustments for the year ended Jan. 1, 2023. The misstatements relate to capitalization of certain deferred costs and wrongly classified sales commissions as cost of revenue, among other things. The breach was due to a delay in filing quarterly results stemming from inventory-related issues.

Reuters 1 hour ago

SPWR
MSCI Provides New Conference Call Dial-In Number for First Quarter 2024 Earnings Call

NEW YORK, April 23, 2024--MSCI Inc. ("MSCI" or the "Company") (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced an updated dial-in number for the release of the company’s first quarter 2024 financial results.

Business Wire 1 hour ago

MSCI
Down On Its Luck Affirm Stock Gets Bearish Customer News

Affirm stock wavered Tuesday amid a report that Walmart, a key customer of the consumer financing firm, is readying its own "buy now, pay later" services.

Investor's Business Daily 1 hour ago

AFRM

WMT
Philip Morris Reports Soaring Sales of Zyn Nicotine Pouches

Philip Morris International said it shipped 131.6 million cans of its Zyn nicotine pouches in the U.S. in the first quarter of 2024, an increase of nearly 80% compared to the same period last year. Zyn's share of the U.S. nicotine pouch category increased for the fourth consecutive quarter to more than 74%, the tobacco giant said. Zyn's volume growth contributed to the company's overall revenue increase of 11% excluding currency impacts and the impact of acquisitions, Philip Morris said.

The Wall Street Journal 1 hour ago

PM
SunPower Slides After Disclosing Plans to Restate Earnings

(Bloomberg) -- SunPower Corp. tumbled the most in four months after disclosing plans to restate almost two years of financial results. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosThe rooftop solar company expects the revisions related to misclas

Bloomberg 1 hour ago

SPWR
Philip Morris (PM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Philip Morris (PM) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 1 hour ago

PM
GE Aerospace Surges On Earnings, Outlook After Spinoff

GE stock rallied 5% early Tuesday as GE Aerospace topped quarterly results and raised its operating profit outlook.

Investor's Business Daily 1 hour ago

GE

BA

Performance Overview

Return	8095.HK	HANG SENG INDEX
YTD	-10.45%	-1.28%
1-Year	-41.83%	-16.17%
3-Year	-30.19%	-41.48%

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Related News

Spotify CEO Daniel Ek hints at more price increases, flexible plans

JetBlue stock tumbles on full-year guidance cut, Q1 results

General Motors stock pops after raising full-year outlook

GM CFO on electric vehicle demand: It will be choppy

Goldman is getting out of the robo-advisory business

General Motors Q1 Earnings Surprise: North America Growth, Rising Profit Margin And Annual Guidance Boost

UPDATE 1-UPS sees profit in U.S. Postal Service work that dragged down FedEx earnings

Why JetBlue Stock Is Flying Downward Today

Here's Why Spotify Stock Jumped Today

Spotify Stock Jumps After Earnings Top Expectations

Stock Laggards Tuesday: JetBlue, PepsiCo, Nucor

Spotify Surges on Swing to Profit, Boost in Paid Subscribers

Nucor, Cleveland-Cliffs Trip Sell Signals On Earnings Misses

Solar company Sunpower flags issues with financial reporting

MSCI Provides New Conference Call Dial-In Number for First Quarter 2024 Earnings Call

Down On Its Luck Affirm Stock Gets Bearish Customer News

Philip Morris Reports Soaring Sales of Zyn Nicotine Pouches

SunPower Slides After Disclosing Plans to Restate Earnings

Philip Morris (PM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

GE Aerospace Surges On Earnings, Outlook After Spinoff

Performance Overview