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 ...
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 ...
(Reuters) -KKR’s first-quarter profit rose nearly 20% on higher fees and the investment firm said it was ready to put its $116 billion of capital to use as market volatility creates fresh opportunities. The results reflect the structural advantage held by large alternative asset managers, which can generate hundreds of millions in management fees even when asset sales are muted. While a slowdown ...
By Manas Mishra (Reuters) -CVS Health raised its full-year profit forecast on Thursday following strong performance across its businesses, signaling that the healthcare conglomerate was on a path to recovery after a series of challenges last year. Shares of the company jumped 8.5% to $72.35 in premarket trading after CVS raised its 2025 adjusted profit forecast to $6 to $6.20 per share from $ ...