28 April

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Stryker Earnings miss, Revenue Inline In Q1 By Investing.com

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Stryker (NYSE:SYK) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations. Stryker announced earnings per share of $1.93 on revenue of $3.95B. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $3.95B. Stryker shares are up 8% from the beginning of the year and are trading at $259.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year. Stryker shares lost 2.09% in after-hours trade the report. Stryker follows other major Healthcare sector earnings this...

28 April

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Mondelez Earnings, Revenue beat in Q1 By Investing.com

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Mondelez (NASDAQ:MDLZ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Mondelez announced earnings per share of $0.77 on revenue of $7.24B. Analysts polled by Investing.com anticipated EPS of $0.6895 on revenue of $7.01B. Mondelez shares are up 8% from the beginning of the year and are trading at $60.42 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year. Mondelez shares gained 2.90% in after-hours trade the report. Mondelez follows other major Consumer/Non-Cyclical sector earnings this month Mondelez's report...

27 April

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Inflation Expectations Hit Eight-Year High Amid Reopening Cheer By Bloomberg

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(Bloomberg) -- A bond-market gauge of U.S. inflation expectations soared to the highest level in almost eight years as oil rose and data painted a picture of a strengthening economic recovery from the pandemic. The 10-year breakeven rate, a proxy for where investors see annual inflation rates over the next decade, approached 2.4% Tuesday -- a level not seen since April 2013. Meanwhile, Treasury yields rose across the curve, with the benchmark 10-year rate climbing around five basis points to 1.62%. The moves, ahead of the Federal Open Market Committee’s policy decision Wednesday, came as reports...

27 April

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UK opposition party calls for inquiry into UK PM flat ‘cover-up’ By Reuters

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By Andrew MacAskill LONDON (Reuters) - Britain's opposition Labour Party called on Tuesday for an investigation into whether Prime Minister Boris Johnson's press secretary "knowingly misled" journalists over the refurbishment of his official Downing Street flat. Dominic Cummings, who was Johnson's key adviser on the Brexit campaign and helped him to win an election in 2019 before a bust-up last year, said on Friday that Johnson wanted donors to secretly pay for the renovation and he told the prime minister such plans were "unethical, foolish, possibly illegal". Labour deputy leader Angela Rayner wrote to Simon Case,...

27 April

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Fed, Apple, Facebook: 3 Things to Watch By Investing.com

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By Christiana Sciaudone Investing.com -- The U.S. consumer is feeling good, but that didn't help the markets much. Cyclical stocks, however, were higher after the confidence level rose to 121.7 in April from 109.0 in March, well above economists' consensus of 113.0. Industrials did well, with United Parcel Service Inc (NYSE:UPS) rallying after reporting strong earnings thanks to small business. Tesla (NASDAQ:TSLA), shockingly, fell despite the electric automaker delivering better-than-expected results. Tech stars are reporting earnings this week, with Google-parent Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) due after markets close. Facebook (NASDAQ:FB) and...

27 April

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S&P 500 Closes Flat as Tech Slips Ahead of Earnings Deluge By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 close flat Tuesday as technology stocks stumbled ahead of earnings from Google and Microsoft to offset a climb in cyclicals amid data showing the U.S. consumer remains in good shape. The S&P 500 and the Dow Jones Industrial Average closed flat, while the Nasdaq Composite slipped 0.3%. Cyclicals stocks – those that move in tandem with economic cycle – were boosted by signs the consumer segment, which contributes about two-thirds of economic growth, remains optimistic over the recovery even as rising global infections cloud the economic outlook. "At the headline...

27 April

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Ireland’s Coveney confident Northern Ireland protocol solution can be found By Reuters

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DUBLIN (Reuters) - Ireland's foreign minister said he firmly believes Britain and the European Union can solve outstanding issues around Northern Ireland's post-Brexit trading arrangements, particularly if middle ground can be found on sanitary and phytosanitary checks. "I firmly believe that acting together within the framework of the (Northern Ireland) protocol, the EU and UK can find solutions to the outstanding issues," Simon Coveney told a parliamentary committee on Tuesday. "Finding a sustainable and collaborative way forward will also foster stability that given recent very concerning disturbances in Northern Ireland is needed now more than...

27 April

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Spotify Falls as Paid Podcasts to Counter Apple Shows Fight Ahead By Investing.com

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By Dhirendra Tripathi Investing.com – Spotify (NYSE:SPOT) shares were trading weaker by more than 2% as its launch of a paid subscription platform for podcasts to counter a similar service by Apple (NASDAQ:AAPL) reflected the competitive intensity the company faces. Including today’s fall, Spotify shares are down 25% from their 52-week high of $387.19. Podcasters will be able to mark episodes as subscriber-only and publish them on Spotify and other podcast listening platforms, the company said in a statement. Spotify, the world's most popular paid music streaming service, said it won't take a commission from podcast...

27 April

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S&P 500 in Holding Pattern as Tech Stumbles to Offset Gains in Cyclicals By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 remained in a holding pattern Tuesday, as weakness in technology stocks offset a rise in cyclicals in the wake of economic data showing U.S. consumer confidence remains robust. The Dow Jones Industrial Average fell 0.1% or 29 points, the S&P 500 was down 0.1%, and the Nasdaq Composite slipped 0.25%. Cyclicals stocks – those that move in tandem with economic cycle – were boosted by signs the consumer segment, which contributes about two-thirds of economic growth, remains optimistic over the recovery even as rising global infections cloud the...

27 April

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Murdoch’s News Corp abandons plans for TV news channel in Britain By Reuters

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By Helen Coster (Reuters) - Rupert Murdoch's News Corp has abandoned plans to launch a traditional TV news channel in Britain after deciding it was not commercially viable, an emailed memo to staff shows. News Corp had been exploring opportunities in the TV market for content from News UK, its British newspaper publisher, over the past 18 months News UK Chief Executive Rebekah Brooks said in the memo. It had hired David Rhodes, a former president of ViacomCBS owned CBS News, to consult on the process. "We determined early on in that review that...

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News

Stryker Earnings miss, Revenue Inline In Q1 By Investing.com

Mondelez Earnings, Revenue beat in Q1 By Investing.com

Inflation Expectations Hit Eight-Year High Amid Reopening Cheer By Bloomberg

UK opposition party calls for inquiry into UK PM flat ‘cover-up’ By Reuters

Fed, Apple, Facebook: 3 Things to Watch By Investing.com

S&P 500 Closes Flat as Tech Slips Ahead of Earnings Deluge By Investing.com

Ireland’s Coveney confident Northern Ireland protocol solution can be found By Reuters

Spotify Falls as Paid Podcasts to Counter Apple Shows Fight Ahead By Investing.com

S&P 500 in Holding Pattern as Tech Stumbles to Offset Gains in Cyclicals By Investing.com

Murdoch’s News Corp abandons plans for TV news channel in Britain By Reuters

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