News Center

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 01:42:07
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 01:41:07
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 01:40:09
CVS raises profit forecast, to exit Obamacare market as turnaround gains steam

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

By Manas Mishra and 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 $6 to $6.20 per share from $5.75 to $6 previously. CEO D ...

2025-05-02 01:39:08