EU fines Apple, Meta $800M Combined for Violating Digital Markets Act
The European Union fined Apple and Meta Platforms hundreds of millions of dollars for breaching its Digital Markets Act.
Amphenol (NYSE:APH) Surprises With Strong Q1, Stock Jumps 12%
Electrical connector manufacturer Amphenol (NYSE:APH) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 47.7% year on year to $4.81 billion. On top of that, next quarter’s revenue guidance ($4.95 billion at the midpoint) was surprisingly good and 7.9% above what analysts were expecting. Its non-GAAP profit of $0.63 per share was 21% above analysts’ consensus estimates.
Enphase Energy Stock Sinks on Weaker-Than-Expected Results, Expected Tariffs Hit
Shares of Enphase Energy fell sharply in premarket trading Wednesday, a day after the solar and battery systems provider's first-quarter results fell short of analysts' estimates and it warned of an expected hit to gross margins because of tariffs on China.
Boeing Stock Surges on Narrower-Than-Expected Loss
Boeing shares jumped Wednesday after the plane maker's first-quarter adjusted loss came in much smaller than anticipated.
5 Things to Know Before the Stock Market Opens
News of the day for April 23, 2025
Exclusive: This Sequoia-backed AI startup can run thousands of voice interviews at once—and it’s raised $27M to disrupt market research
AI that interviews your customers, builds your PowerPoint, and tells you what to do next — that’s the $27M bet Sequoia is making on Listen Labs.
Old Dominion Freight Line’s (NASDAQ:ODFL) Q1 Earnings Results: Revenue In Line With Expectations
Freight carrier Old Dominion (NASDAQ:ODFL) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 5.8% year on year to $1.37 billion. Its GAAP profit of $1.19 per share was 4.1% above analysts’ consensus estimates.
Lindt holds back on Canada supply shift, boosts local stocks
(Reuters) -Swiss chocolate maker Lindt & Spruengli said it is still working out how to deal with the escalating trade war launched by U.S. President Donald Trump and has temporarily increased stocks in Canada to cushion the impact of tariffs. The company said in March it would supply chocolate made in Europe to Canada to avoid tariffs imposed to counter higher U.S. customs duties. The spokesperson said that shifting sourcing of products sold in Canada to Europe was "one option that is being discussed", but the company has not yet decided how to proceed.
GE Vernova Stock Soars as Firm's Results Top Estimates, Outlook Affirmed
GE Vernova shares surged Wednesday after the firm's first-quarter results topped analysts' estimates.
Global Stock Indexes Jump as Trump Says No Plans to Fire Powell
Global stock indexes are jumping after President Donald Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell and plans to be "very nice" to China.