Headlines

Top 9 Investor Headlines for May 2, 2025

  1. U.S. stocks rose modestly, with the Dow Jones Industrial Average gaining 0.2% to close at 40,752.96, marking an eight-day winning streak.

  2. Apple’s stock fell 5% after the company trimmed its stock buyback program and CEO Tim Cook warned of potential cost increases due to tariffs.

  3. ExxonMobil announced first-quarter 2025 earnings of $7.7 billion, or $1.76 per share, reflecting strong performance in its upstream and chemical segments.

  4. Today’s highest available Certificate of Deposit (CD) rates continue to offer returns above 4%, providing appealing options for conservative investors.

  5. CVS Health Corp.’s shares surged 4.1% after reporting first-quarter 2025 adjusted earnings per share of $2.25, surpassing the Zacks Consensus Estimate of $1.71.

  6. Shares of Eli Lilly and Co. dropped 11.7% after the company posted first-quarter 2025 adjusted earnings per share of $3.34, missing the Zacks Consensus Estimate of $3.52.

  7. European equity funds attracted the largest weekly inflow in over a year, while U.S. funds saw outflows for the third consecutive week, indicating a shift in investor sentiment.

  8. Investors are closely watching Berkshire Hathaway’s upcoming annual meeting for potential insights into the company’s future plans, including possible changes to its investment strategy.

  9. In the broader market, the BSE Midcap index slipped 0.4%, while the Smallcap index ended flat. Sectorally, media, energy, and IT stocks were among the most active.