Market Pulse - Usa
Twitter reveals latest tool to combat EU elections meddling
US social media company Twitter revealed its latest tool to combat agents trying to mislead voters in the upcoming elections to the European Parliament.
Tesla posts wider-than-expected losses as US tax credit gets halved
Electric carmaker Tesla reported a wider-than-expected first-quarter loss on Wednesday after a valuable tax credit for American's purchasing its vehicles was cut in half at the beginning of the year.
US close: Stocks close lower as earnings continue to stream in
US stocks closed lower on Wednesday as the previous session's energy rally lost steam amid yet another deluge of corporate earnings.
Microsoft revenues top $30bn as cloud service sees continued adoption
Software giant Microsoft's quarterly revenue and earnings beat estimates on Wednesday, thanks to the continued adoption of its cloud computing service and its Office suite of products.
Facebook revenues beat estimates as advertising sales improve
Facebook topped estimates on the Street for quarterly revenues on Wednesday, boosted by a solid performance from Instagram and rising advertising sales.
Thursday preview: US corporate results, BoJ in focus
Around the world, financial markets are likely to remain fixated on the US earnings season, although central banks will not be far from investors' minds.
Caterpillar digs lower as Asian slowdown overshadows rising revenue
Caterpillar on Wednesday reported that its first quarter revenues increased as the construction machinery and equipment company achieved record first-quarter profit per share, though construction sales declined in its key Asia Pacific market.
US open: Stocks open lower as energy rally loses steam
US stocks edged lower at the bell as the previous session's energy rally lost steam amid yet another deluge of corporate earnings, with figures from the likes of Facebook and Microsoft set to come after the close.
AT&T falls short as WarnerMedia revenue slip weighs on profits
US telco AT&T came in shy of analysts' quarterly estimates on Wednesday, as lower-than-expected sales at WarnerMedia and a shortfall in revenues at its wireless business weighed on profits.
Boeing posts lower-than-expected Q1 numbers as 737 deliveries decline
The world's largest jetmaker reported a sharp decline in quarterly earnings as commercial airline deliveries slowed and suspended its guidance for 2019 on the back of the recent tragedies involving its best-selling 737 MAX.
No PG&E buyout in the works, Berkshire Hathaway's Buffett tells CNBC
Berkshire Hathaway has denied reports that it is plotting a takeover of troubled California utility PG&E, which would have marked its return to the M&A trail after a nearly four-year lull.
US pre-open: Futures point to mixed start ahead of more key earnings updates
US stocks looked set for a mixed open on Wednesday ahead of yet another deluge of corporate earnings, including those from the likes of Facebook and Microsoft.
America's Lighthizer, Mnuchin to travel to China next week
America's top trade negotiators will travel to Beijing next Tuesday with a view to having a draft deal in place by May.
US close: Markets finish higher as earnings deluge begins
US markets finished in the green on Tuesday, after a session in which investors were busy sifting through an avalanche of corporate earnings amid uncertainty around the potential fallout from stricter US sanctions on Iran.