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Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Meta, Microsoft and Tesla rise premarket; Apple, McDonald’s fall

Investing.com -- U.S. stock futures rose Thursday, as investors digested more corporate earnings, in particular from Big Tech giants. Here are some of the biggest premarket U.S. stock movers today:Meta Platforms (NASDAQ:META) stock climbed 6.2% after the Facebook and Instagram parent reported better-than-expected first-quarter results and upbeat guidance that pointed to increased spending on artif ...

2025-05-02 04:08:36
Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Citi upgrades Burberry to “buy,” sees value in brand reset and U.S. growth

Investing.com -- Citi Research in a note dated Thursday has upgraded Burberry Group Plc (LON:BRBY) to “buy” from “neutral,” citing improving brand momentum and growth potential in the United States. The brokerage set a new price target of £9.25, down slightly from £9.80, implying a total return of 28.7% including dividends.The decision follows signs that Burberry’s “Burberry F ...

2025-05-02 04:07:37
KKR looks to deploy $116 billion cash in choppy market after profit boost

KKR looks to deploy $116 billion cash in choppy market after profit boost

By Niket Nishant (Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday. While tariff-driven turbulence has stirred concerns over limited exit opportunities, top KKR executives said its global footprint and asset mix have put it in a better posi ...

2025-05-02 04:06:34
CVS raises profit forecast, to exit Obamacare market as turnaround gains steam

CVS raises profit forecast, to exit Obamacare market as turnaround gains steam

(Refiles to wider audience with no changes to headline or text) By Manas Mishra, Sneha S K (Reuters) -CVS Health raised its full-year profit forecast on Thursday and said it plans to exit the market for Obamacare health insurance plans in 2026, as it seeks to turn around its fortunes after a series of challenges last year. CVS shares jumped 5% to $69.84 after it raised its 2025 profit forecast to& ...

2025-05-02 04:05:35