- Barrons.com
These Stocks Moved the Most Today: Apple, Amgen, Expedia, Coinbase, Cloudflare, Fortinet, Live Nation, and More
Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year.
- Reuters
US STOCKS-Wall St ends sharply higher, jobs data strengthens case for rate cuts
Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes notched their second straight Friday-to-Friday gains, capping a week in which markets were encouraged by Fed Chair Jerome Powell's more dovish-than-expected statements following Wednesday's rate decision.
- Investor's Business Daily
Booking Stock Jumps While Expedia Tumbles Following Q1 Reports
Booking stock jumped in after-hours trading on a strong first quarter report from travel company Booking Holdings.
