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US Stocks Mixed Ahead Of Fed Meeting, Chipmakers Tumble After AMD Earnings, Bitcoin Sinks: What’s Driving Markets Wednesday?

By Piero Cingari
May 1, 1:07 PM
Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations.

ALB

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1 minute read
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Why Roku Shares Are Rising Today

By Nabaparna Bhattacharya
May 1, 1:06 PM
Roku shares climb as the company unveils new video experiences, ad solutions, and content partnerships, enhancing its advertising business and expanding data-driven TV streaming partnerships.

ROKU

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Why Specialty Chemical Company Axalta Coating Shares Are Seeing Blue Skies Today

By Lekha Gupta
May 1, 12:58 PM
Axalta Coating Systems reported strong Q1 results and raised guidance. Revenue grew in all segments, with solid earnings expected.

AXTA

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Pedal To Paradise: Hyatt Hotels And Peloton Team Up To Redefine Hospitality Fitness

By Shivani Kumaresan
May 1, 12:47 PM
Discover the ultimate fusion of hospitality and wellness with Hyatt's World of Hyatt program and Peloton. Earn points while pursuing your fitness goals using Peloton equipment at over 800 Hyatt properties globally.

ACSI

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4 minute read
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AMD Falls On Q1 Earnings, Q2 Guidance: Why ‘1,000% Growth’ From AI Stock Is Not Enough For Investors

By Chris Katje
May 1, 12:39 PM
AMD raised its guidance for AI segment growth, but it wasn't enough to send shares higher after Q1 results. Analysts size up the results and guidance.

AMD

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Global Payments Dips Over 11% After Q1 Earnings – Read Why

By Nabaparna Bhattacharya
May 1, 12:29 PM
Global Payments Inc. shares plummet over 9% post-Q1 earnings, despite surpassing EPS estimates and revenue expectations, amid cautious FY24 outlook.

GPN

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DEA Moves To Reschedule Weed, Cannabis Stocks Go For Wild Ride, Pummel Short Sellers With $210M In Losses

By Maureen Meehan
May 1, 12:23 PM
Cannabis stocks soared following Tuesday's news that the DEA intends to designate marijuana from Schedule I to Schedule III.

CGC

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Why Is SaaS Company Conduent Stock On Fire Today?

By Shivani Kumaresan
May 1, 12:14 PM
Conduent impresses with Q1 FY24 earnings, surpassing analyst expectations. Despite a slight sales dip of 0.1% Y/Y to $921 million, the company outperformed consensus estimates. Notably, total operating costs and expenses saw a significant 14.6% decline to $794 million.

CNDT

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1 minute read
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Johnson Controls Dips Over 6% After Q2 Earnings – Here’s Why

By Nabaparna Bhattacharya
May 1, 12:05 PM
Johnson Controls' shares drop post-Q2 earnings, despite beating EPS estimates, as sales miss and a $750 million charge weigh on investor sentiment.

JCI

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Microsoft’s Renewable Energy Leap: A Game Changer?

By Shivani Kumaresan
May 1, 11:49 AM
Microsoft solidifies its commitment to sustainability with agreement backing renewable energy projects by Brookfield Asset Management.

BAM

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