30 April

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Dow Falls as Energy, Tech Stumble Despite Upbeat Economic Data By Investing.com

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By Yasin Ebrahim Investing.com – The Dow fell Friday, shrugging off upbeat economic data amid weakness in energy stocks following mixed quarterly results from oil majors ExxonMobil and Chevron . The Dow Jones Industrial Average fell 0.58%, or 197 points, the S&P 500 was down 0.58%, and the Nasdaq Composite was down 0.48%. Exxon Mobil Corp (NYSE:XOM) reported first-quarter results that topped Wall Street estimates as improving oil prices in the quarter bolstered growth. But its shares slipped nearly 2%. Chevron (NYSE:CVX), meanwhile, swung to a first-quarter profit, but...

30 April

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Pharma names lift FTSE, Barclays declines, USD jumps on hawkish Kaplan By Investing.com

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Key Points FTSE 100 closing price of 6,970.60, +0.13% AstraZeneca (NASDAQ:AZN) shares rise to top of the FTSE Barclays falls despite increased profit Darktrace soars on trading debut USD jumps after Fed taper comments Oil retreats as OPEC+ production due to come back online By Samuel Indyk Investing.com – The FTSE 100 finished marginally higher on Friday but still closed below the psychological 7,000 as some hawkish comments from Fed’s Kaplan appeared to dampen risk appetite. Kaplan, who is traditionally one of the more hawkish members on the FOMC, said it would be appropriate...

30 April

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AstraZeneca Rises Amid Strong Performance in Tough Quarter By Investing.com

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By Christiana Sciaudone Investing.com -- AstraZeneca (NASDAQ:AZN)'s American Depository Receipts rose 4% after handily beating expectations for its first quarter. Earnings per share of $1.63 on sales of $7.32 billion beat estimates of 68 cents and $7.03 billion, respectively. Sales grew 15% and the company reiterated guidance for the full year, despite restrictions in Europe against the use of its Covid-19 vaccine amid incidents of blood clots. Vaccine "shipments are increasing as manufacturing improves," Chief Executive Officer Pascal Soriot said during a media briefing, according to StreetInsider. The company made $275 million from 68 million...

30 April

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TikTok names ByteDance CFO Shouzi Chew as new CEO By Reuters

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By Echo Wang NEW YORK (Reuters) -TikTok appointed Shouzi Chew, a Singaporean national, as the new Chief Executive Officer of the hot video-sharing platform, the company said on Friday. Chew, based in Singapore, will retain close ties to TikTok's Chinese owner ByteDance where he will remain Chief Financial Officer. "We will continue building out our strong and deep management team as we set the stage for the next phase of TikTok's success." Chew said in a statement. TikTok's interim head Vanessa Pappas, who led the company on an interim basis after the abrupt departure...

30 April

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.13% By Investing.com

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Investing.com – U.K. equities were higher at the close on Friday, as gains in the Pharmaceuticals & Biotech, Tobacco and Aerospace & Defense sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.13%. The biggest gainers of the session on the Investing.com United Kingdom 100 were AstraZeneca PLC (LON:AZN), which rose 4.29% or 317.0 points to trade at 7715.0 at the close. Bank VTB PAO DRC (LON:VTBRq) added 3.43% or 0.044 points to end at 1.326 and Hikma Pharmaceuticals PLC (LON:HIK) was up 3.17% or 75.00 points...

30 April

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U.S. Consumer Sentiment Climbs in April to Fresh Pandemic High By Bloomberg

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(Bloomberg) -- U.S. consumer sentiment continued to strengthen in late April, adding to signs that household spending will remain strong in the coming months. The University of Michigan’s final sentiment index improved to 88.3 from a preliminary reading of 86.5 and a March figure of 84.9, data released Friday showed. A median survey of economists had called for a reading of 87.5. Consumer confidence is strengthening as vaccinations quicken and more states and businesses reopen. A third round of pandemic-relief stimulus checks is also bolstering personal incomes, according to a separate report Friday, setting the stage...

30 April

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UK ex-police officer jailed for belonging to neo-Nazi group By Reuters

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LONDON (Reuters) - The first police officer in Britain to be convicted of a terrorism offence was jailed for more than four years on Friday for belonging to a banned neo-Nazi group and possessing extremist material. Benjamin Hannam, 22, who had worked as a probationary police constable with the London Metropolitan Police, was found guilty earlier this month of belonging to National Action. The group was outlawed after it praised the murder of Jo Cox, a female member of parliament who was killed in a street attack in 2016 by a Nazi-obsessed loner. Hanman was also...

30 April

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Britain says 34.2 million people given first COVID vaccine dose By Reuters

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LONDON (Reuters) - A total of more than 34.2 million in Britain have been given a first dose of COVID-19 vaccine, government statistics showed on Friday, while a further 2,381 had contracted the disease, down slightly on the day before. There were 15 new deaths recorded within 28 days of a positive test, compared to the 22 deaths recorded on Thursday. ...

30 April

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Twitter Slumps on Slower User Growth, Uninspiring Outlook By Investing.com

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By Christiana Sciaudone Investing.com -- Twitter Inc (NYSE:TWTR)'s user growth missed expectations, pushing the stock down 13%, and leading to a slew of price target cuts. The social media company said average monetizable daily active users rose 20% year-over-year to 199 million, missing the analyst estimate of 200 million. The forecast for the second quarter also disappointed, with sales expected to be between $980 million and $1.08 billion, compared with analyst estimates for $1.06 billion. Twitter has seen revenue hit records amid the pandemic because once you've gone through TikTok, Instagram, Facebook...

30 April

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DraftKings Snags Buy Rating from Guggenheim By Investing.com

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By Christiana Sciaudone Investing.com -- DraftKings (NASDAQ:DKNG)'s got it going on. That's per Guggenheim, which initiated the company with a buy rating and price target of $75.Shares of the online gambling company are up slightly, to about $57.82. "We believe DraftKings is well positioned to capture a significant share of the rapidly growing North American Online Sports Betting (OSB) and iGaming markets," analyst Curry Baker wrote in a note, according to StreetInsider. More and more states are legalizing online gambling, and DraftKings is expanding operations to new markets as opportunities open up. DraftKings went public via...

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Dow Falls as Energy, Tech Stumble Despite Upbeat Economic Data By Investing.com

Pharma names lift FTSE, Barclays declines, USD jumps on hawkish Kaplan By Investing.com

AstraZeneca Rises Amid Strong Performance in Tough Quarter By Investing.com

TikTok names ByteDance CFO Shouzi Chew as new CEO By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.13% By Investing.com

U.S. Consumer Sentiment Climbs in April to Fresh Pandemic High By Bloomberg

UK ex-police officer jailed for belonging to neo-Nazi group By Reuters

Britain says 34.2 million people given first COVID vaccine dose By Reuters

Twitter Slumps on Slower User Growth, Uninspiring Outlook By Investing.com

DraftKings Snags Buy Rating from Guggenheim By Investing.com

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