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Daily U.S. Stock Market Highlights (Thursday, May 1)

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2025-05-01 12:58:30
< br > < b > Important News < br > < span class = "section-news" > 1. Director of the National Economic Council of the United States Hassett: It is expected that there will be tariff news announced before the end of today. < br > < span class = "section-news" > 2. The number of people filing unemployment benefits in the United States for the first week of April 26 recorded 241,000, the highest since the week of February 22, 2025. < br > < b > Stock News < br > < span class = "section-news" > 1. Microsoft (MSFT. O) exceeded expectations in Q1, and the company predicted strong growth in its Azure cloud business. < br > < span class = "section-news" > 2. Meta Platforms (META. O) Quarter 1 revenue rose 16%, beating analysts' expectations. < br > < span class = "section-news" > 3. A U.S. judge ruled that Apple (AAPL. O) violated the App Store antitrust order and ordered Apple to "rectify". < br > < span class = "section-news" > 4. Tesla (TSLA. O) executives dismiss succession rumors, saying the board has confidence in Musk. < br > < span class = "section-news" > 5. McDonald's (MCD. N) Quarter 1 global comparable sales unexpectedly fell. < br > < span class = "section-news" > 6. General Motors (GM. N) lowered its outlook, saying tariff exposure is now as high as $5 billion. < br > < span class = "section-news" > 7. Eli Lilly (LLY. N) Q1 revenue was $12.729 billion, up 45% year-over-year, but lowered its full-year adjusted EPS forecast. < br > < span class = "section-news" > 8. Qualcomm (QCOM. O) 's fiscal quarter revenue outlook was weak, with the midpoint of the range slightly below the average analyst estimate. < br > < span class = "section-news" > 9. Apple (AAPL. O) and Amazon (AMZN. O) announced their financial results after hours.
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