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Airbus reported a sharp decline in first-quarter earnings on Tuesday, as supply chain disruptions—particularly engine shortages—curbed aircraft deliveries and weighed on profitability. Adjusted operating profit fell 52% year-on-year to 300 million euros, well below analyst expectations of 348 million euros. Revenue declined 7% to 12.65 billion euros in the three months to March 31, though… Continue reading Airbus profit halves as engine delays curb deliveries

Shares of Centene Corporation rose about 14% on Tuesday after the company reported stronger-than-expected first-quarter results, driven by cost controls and steady premium growth. The St. Louis-based managed-care company posted net earnings of $1.54 billion, or $3.11 per share, up from $1.31 billion, or $2.63 per share, a year earlier. On an adjusted basis, earnings… Continue reading Centene stock rises as earnings beat, outlook lifted on cost cuts

Apple (NASDAQ: AAPL) is inching higher heading into its much-anticipated Q2 earnings report, which is scheduled to be released on April 30th (after market close). Consensus is for the iPhone maker to post $1.92 a share of earnings on nearly $110 billion in revenue. This would represent a mid-teens year-on-year increase on both the top… Continue reading Apple stock: UBS explains why Q2 earnings will come in strong

BitMine stock price has gone sideways this month, even as Ethereum has remained above the important support level at $2,000. This consolidation could be the calm before the storm as the company continues its Ethereum purchases and staking. BitMine stock on edge as Ethereum buying and staking continues The BMNR stock price has moved sideways… Continue reading BitMine stock analysis: what next for this future free cash flow machine?

Bed Bath & Beyond (NYSE: BBBY) rallied as much as 35% on Tuesday morning after posting its Q1 earnings that signalled the company’s long-term turnaround strategy is gaining traction. Despite the post-earnings momentum, BBBY’s relative strength index (RSI) sits in the early 60s – indicating potential for further upside ahead. At its intraday peak, Bed… Continue reading What made Bed Bath & Beyond stock pare back its entire Q1 earnings gain?

Shares of JetBlue Airways gained about 6% Tuesday, reversing a 6.2% decline in the previous session, despite the carrier reporting a wider-than-expected first-quarter loss driven by rising fuel costs.  The airline posted an adjusted loss of 86 cents per share on revenue of about $2.2 billion for the first three months of the year. This… Continue reading JetBlue stock gains even as fuel surge drives wider-than-expected loss

Shares of Tesla edged lower on Tuesday, falling 1.2% to $374.54, even as US regulators closed a safety investigation into the company’s vehicles without requiring a recall. The decline came alongside broader market weakness, with the S&P 500 down 0.7%, while the Dow Jones Industrial Average was largely unchanged. NHTSA closes probe without recall The… Continue reading Tesla stock down 1.2% today: what’s hurting the EV major today?

Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of OpenAI. Nvidia shares fell about 1.5% in trading, reversing some of the previous session’s gains when the stock closed at a record high after rising 4%. The chipmaker had recently broken out… Continue reading Nvidia stock slides as OpenAI fears spark selloff in chip stocks