As spring break approaches, the weekend box office is set to offer a mixed bag of releases. 20th Century Studios’ highly anticipated “Kingdom of the Planet of the Apes” is expected to make a splash with a $50 million-plus opening in May. Meanwhile, A24’s “Civil War” is currently holding the top spot with $27 million
Earnings
The U.S. stock market experienced slight gains in volatile trading on Tuesday, with the Dow Jones Industrial Average up by 126 points, the S&P 500 increasing by 0.1%, and the NASDAQ Composite rising by 0.2%. Despite these gains, investors are cautiously weighing Federal Reserve Chairman Jerome Powell’s remarks signaling a need for higher rates for
UnitedHealth saw a significant increase in its stock price, rising by approximately 7% after exceeding revenue expectations in its first-quarter results. This healthcare giant reported a growth of nearly 9% in revenue, reaching $99.8 billion for the quarter. Despite analysts predicting lower earnings per share, UnitedHealth reported an adjusted $6.91 per share, surpassing expectations. Morgan
The electric vehicle maker Tesla, known for its innovative technology and forward-thinking approach, faced a setback as shares fell 2.8% following an internal memo announcing plans to lay off more than 10% of its global workforce. While CEO Elon Musk emphasized the importance of cost reductions and increasing productivity in preparing the company for future
The stock of Goldman Sachs saw a significant increase of 3.3% in premarket trading after the company surpassed Wall Street’s expectations for first-quarter earnings. This positive performance was mainly driven by gains in its trading and investment banking divisions. Analysts had projected earnings of $8.56 per share on revenue of $12.92 billion, but the actual
Most Asian stocks experienced a sharp decline on Monday, driven by a combination of factors including an Iranian attack on Israel and concerns over higher U.S. interest rates. Despite Chinese stocks showing resilience and rebounding from a one-month low, the overall sentiment in regional markets was negative. Japan’s Nikkei 225 was among the worst performers
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Alibaba, one of the largest e-commerce companies in the world, has faced some challenges in recent months. While founder Jack Ma expressed satisfaction with the company’s turnaround, Wall Street analysts have been less optimistic. Concerns about the amount of money Alibaba is currently spending on investments, particularly in core operations such as domestic and international
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As JPMorgan Chase prepares to unveil its first-quarter earnings, all eyes are on Wall Street’s expectations. Analysts anticipate earnings of $4.11 per share and revenue of $41.85 billion. Moreover, the net interest income is projected to reach $23.18 billion. The industry experts are specifically interested in the trading revenue numbers. It is predicted that the