AT&T adds more subscribers than expected, stock pops

Bloomberg
Apple’s $110 Billion Stock Buyback Plan is Largest in US History
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
BBC
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Insider Monkey
20 Best Korean Skincare Products of 2024
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
Bloomberg
Fading War Risks Push Oil to Biggest Weekly Drop Since February
(Bloomberg) -- Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts. Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineThe World’s Hunger for Salmon Is Linked to an Ecological DisasterTrump Aide Hicks Cries on Witness Stand, Recalls 2016 ChaosG-7 Eyes Plan on US-Led $50 Billi
Reuters
Buffett takes stage at Berkshire meeting, pays tribute to Munger, cuts Apple stake
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger who died last year and outlining Berkshire's goal to grow earnings. The meeting is the 60th for Buffett, 93, since he took over Berkshire in 1965. The shareholder meeting is the first since Charlie Munger, Buffett's longtime friend, business partner and foil, died in November at age 99.
Simply Wall St.
With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
Engadget
Peloton’s pandemic-era fairy tale is officially over
Peloton is struggling, as it is laying off 15 percent of its workforce. The CEO is also stepping down.
Reuters
WRAPUP 4-Buffett takes stage at Berkshire meeting, pays tribute to Munger, cuts Apple stake
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger who died last year and outlining Berkshire's goal to grow earnings. The meeting is the 60th for Buffett, 93, since he took over Berkshire in 1965. The shareholder meeting is the first since Charlie Munger, Buffett's longtime friend, business partner and foil, died in November at age 99.
Yahoo Finance Video
Buy Northrop Grumman instead of Boeing: Portfolio manager
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry.  Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts.  Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Yahoo Finance AU
NAB boss reveals if bank will pass on a future RBA interest rate cut in full
Andrew Irvine said NAB 'wouldn't hold anything back' if the Reserve Bank of Australia delivered a rate cut.
Reuters
Turkey inflation up near 70%, highest since 2022
Commenting on the figures, Finance Minister Mehmet Simsek said April's month-on-month inflation, which was 3.18%, was in line with expectations. According to the Turkish Statistical Institute, the biggest annual consumer price rise was in education, for which prices rose 103.86%, followed by restaurants and hotels at 95.82%. The central bank has hiked rates by 3,650 basis points since June including a 500 basis-point rise in March due to deterioration in the inflation outlook.
Bloomberg
Australia’s No. 2 Pension Fund to Curb Thermal Coal Investments
(Bloomberg) -- Australian Retirement Trust, the country’s second largest pension fund, plans to stop directly investing in most thermal coal companies as it targets net zero across its portfolio. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Picks Before Wealthy D
GOBankingRates
Nvidia vs. AMD Stock: Which Is a Better Investment?
The surge of artificial intelligence has buoyed markets with some stocks taking a very strong lead. Indeed, the global AI market size was estimated at a shocking $196.63 billion in 2023 and is...
Reuters
EMERGING MARKETS-Asian currencies, stocks rally as US Fed hints dovish bias
* S. Korean won up 0.9% * Taiwan stocks up 0.7% * Thai April headline CPI +0.19% yr/yr By Echha Jain May 3 (Reuters) - Asian emerging market currencies and equities rallied on Friday after the U.S. Federal Reserve indicated it was keeping a dovish tilt, ahead of U.S. nonfarm payrolls data due later in the day. The South Korean won was the biggest gainer in the region, appreciating 0.9% against the greenback. Among equities, Taiwan stocks rose 0.7% to be the top gainer in the region, while Malaysia stocks added 0.3%.
Reuters
UPDATE 2-Universal Music beats earnings forecasts after blockbuster Swift tour
Universal Music Group on Thursday reported first-quarter earnings that comfortably beat expectations, helped by the record-breaking success of its star act Taylor Swift. UMG executive were also upbeat about the label's new deal with TikTok, also announced on Thursday, which settled a dispute over artist pay and helped address wider artificial intelligence concerns in the industry. UMG, the world's biggest music label, posted adjusted core earnings (EBITDA) of 591 million euros ($632.6 million), up 15.9% year-on-year and above the 567 million euros expected by analysts in a Visible Alpha consensus shared by the company.
Yahoo Finance
Coinbase first quarter profits surged above $1 billion on ETF frenzy
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
Bloomberg
Apple’s Surprise iPhone China Growth Leaves Lingering Questions
(Bloomberg) -- Apple Inc. surprised investors with a decent beat on quarterly revenue from China, countering months of data that showed a quickening decline in iPhone sales.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineThe World’s Hunger for Salmon Is Linked to an Ecological DisasterTrump Aide Hicks Cries on Witness Stand, Recalls 2016 ChaosG-7 Eyes Plan on US-Led $50 Billion Aid Package for Ukr
Reuters
Universal Music beats earnings forecasts after blockbuster Swift tour
UMG executive were also upbeat about the label's new deal with TikTok, also announced on Thursday, which settled a dispute over artist pay and helped address wider artificial intelligence concerns in the industry. UMG, the world's biggest music label, posted adjusted core earnings (EBITDA) of 591 million euros ($632.6 million), up 15.9% year-on-year and above the 567 million euros expected by analysts in a Visible Alpha consensus shared by the company. The commercial success of Swift has boosted the group's earnings through royalties from streaming, album sales and concert tickets.
GOBankingRates
Dave Ramsey Says Take Social Security at Age 62, But Only If You Do This With Each Check
It's safe to say that financial guru Dave Ramsey is no fan of Social Security, having called the program a "stupid thing" and a "mathematical disaster" that "robbed" him of money for decades. It...
Yahoo Finance AU
How I’m playing the stage 3 tax cuts to make extra money – immediately
Money saving expert Nicole Pedersen-McKinnon reveals the three things you need to be aware of.

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AT&T adds more subscribers than expected, stock pops

Latest stories

Apple’s $110 Billion Stock Buyback Plan is Largest in US History

Apple sales fall in nearly all countries

20 Best Korean Skincare Products of 2024

Fading War Risks Push Oil to Biggest Weekly Drop Since February

Buffett takes stage at Berkshire meeting, pays tribute to Munger, cuts Apple stake

With 38% ownership, Austin Engineering Limited (ASX:ANG) has piqued the interest of institutional investors

Peloton’s pandemic-era fairy tale is officially over

WRAPUP 4-Buffett takes stage at Berkshire meeting, pays tribute to Munger, cuts Apple stake

Buy Northrop Grumman instead of Boeing: Portfolio manager

NAB boss reveals if bank will pass on a future RBA interest rate cut in full

Turkey inflation up near 70%, highest since 2022

Australia’s No. 2 Pension Fund to Curb Thermal Coal Investments

Nvidia vs. AMD Stock: Which Is a Better Investment?

EMERGING MARKETS-Asian currencies, stocks rally as US Fed hints dovish bias

UPDATE 2-Universal Music beats earnings forecasts after blockbuster Swift tour

Coinbase first quarter profits surged above $1 billion on ETF frenzy

Apple’s Surprise iPhone China Growth Leaves Lingering Questions

Universal Music beats earnings forecasts after blockbuster Swift tour

Dave Ramsey Says Take Social Security at Age 62, But Only If You Do This With Each Check

How I’m playing the stage 3 tax cuts to make extra money – immediately