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Here are our biggest winners and losers from Wall Street’s stellar week
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: It's been a great week for the U.S. stock market. The S…
Berkshire Hathaway operating earnings drop more than expected as Buffett warns of tariff
(Follow along with our full coverage of Berkshire Hathaway's annual meeting here. Warren Buffett begins talking at 9 a.m. ET.)Warren Buffett's Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in…
Industrial stock tied to the AI boom reports strong quarter. We like it, for now
Eaton , a maker of power management solutions for AI data centers and other commercial markets, delivered a solid quarter on Friday that raised more questions for us than it answered. Earnings per share for the first quarter ended in…
Venmo gaining ground in payments as Cash App struggles
In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch.The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an…
Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled…
Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil giant Shell on Friday reported a sharp fall in first-quarter profit, following a period of weaker…
Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading.Here is how the company did, compared to analysts' consensus estimates…
Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook
Eli Lilly on Thursday reported first-quarter revenue and earnings that topped estimates as demand for its weight loss and diabetes drugs soared, but lowered its full-year profit guidance due to charges related to a recent cancer…
Microsoft quiets critics, delivers the kind of quarter worthy of its post-earnings stock
Microsoft delivered a strong quarter Wednesday evening, with beats nearly across the board. The biggest standout was Azure's accelerating revenue growth, which caught the market by surprise. Revenue increased 13% year over year to about…
Snap sinks 14% after withholding guidance, citing ad concerns
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty ImagesSnap shares fell more than 14%…