Fast-food pizza chain Domino’s (NYSE:DPZ) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 2.5% year on year to $1.11 billion. Its GAAP profit of $4.33 per share was 6.3% above analysts’ consensus estimates.
Wall Street's main indexes opened slightly higher on Monday, as investors braced for a week packed with key economic data and earnings from some top companies, while U.S. trade policy developments remained in focus. The Dow Jones Industrial Average rose 58.2 points, or 0.15%, at the open to 40,171.74. The S&P 500 rose 4.0 points, or 0.07%, at the open to 5,529.22, while the Nasdaq Composite rose 8.0 points, or 0.05%, to 17,390.928 at the opening bell.
Mexican cement maker Cemex reported an 18% dip in its core earnings for the first quarter on Monday, driven largely by headwinds in the local market. Cemex reported earnings before interest, taxes, depreciation and amortization of $601 million, in line with estimates, due to a weaker peso currency and a dip in volumes at home, it said in a filing. The peso caused a $65 million hit to EBITDA, Cemex said, while volumes dropped in Mexico due to a rush last year to finish government infrastructure projects before presidential elections.
(Bloomberg) -- Morgan Stanley’s Michael Wilson says the weak dollar will support US corporate earnings, helping the American stock market to outperform the rest of the world.Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryUS Cricket Deepens Bet on Texas With HQ Shift From CaliforniaLos Angeles Downgraded to AA- by S&P Due to Budget WoesThe Last Thing US Transit Agencies Should Do NowAt a tim
NEW YORK (Reuters) -Kimberly Hilliard, co-founder of a five-year-old travel agency in Maryland, says at this time of year she usually fields up to 10 inquiries a week from clients eager to book vacations, but for much of the past month her phones have gone quiet. The unusual lull in Hilliard's business followed a plunge in U.S. share prices in early April, when the major stock indexes recorded their biggest percentage declines since 2020 on fears about the impact of President Donald Trump's trade tariffs. That is likely because their financial outlooks have suddenly become murky, said Hilliard, co-founder of Front Porch Travel Co, based in Annapolis, even though stocks have made a shaky, tentative recovery from their April lows.
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
(Bloomberg) -- Usually, when sentiment toward US stocks turns this grim, volatility is elevated and analysts are slashing expectations for returns, it’s a cue for risk-taking investors to pile in.Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryLos Angeles Downgraded to AA- by S&P Due to Budget WoesUS Cricket Deepens Bet on Texas With HQ Shift From CaliforniaThe Last Thing US Transit Agencies
TransDigm currently trades at $1,377 per share and has shown little upside over the past six months, posting a middling return of 2.8%. However, the stock is beating the S&P 500’s 5.4% decline during that period.
Portillo’s stock price has taken a beating over the past six months, shedding 20.5% of its value and falling to $10.59 per share. This might have investors contemplating their next move.
Accel Entertainment trades at $10.28 per share and has stayed right on track with the overall market, losing 9.5% over the last six months while the S&P 500 is down 5.4%. This may have investors wondering how to approach the situation.