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A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. British oil major BP on Thursday trimmed its executive team down to 10 members and announced William Lin as the new head of the firm's oil and low carbon energy business. BP said it was simplifying its organizational structure to help "grow the value" of the business. "These changes will help us do just that, reducing complexity within bp, allowing our team to focus on delivering our priorities and growing the value of bp," he added. The energy major said the financial reporting structure of the firm remains unchanged and that it will continue to have three businesses: production and operations, gas and low carbon energy and customers and products — enabled by trading and shipping.
Persons: William Lin, Lin, Isabel Dotzenrath, Emeka Emembolu, Ann Russell, Murray Auchincloss, BP's Organizations: United Kingdom ., IEC, London Locations: Southend, United Kingdom, Leigh
JPMorgan listed Duolingo as its best idea in online education ahead of the Pittsburgh-based tech firm's first-quarter earnings report in early May. With the mild downdraft since Duolingo's fourth-quarter earnings report, JPMorgan analyst Bryan Smilek said the stock's risk/reward ratio looks attractive at its current prices. DUOL YTD mountain DUOL YTD chart Smilek also said there may be additional room for potential upside to Duolingo's full-year 2024 outlook as part of its first-quarter numbers. Smilek praised Duolingo's strong advertising presence, saying it's resulted in rising user growth. As a result, passive index funds that track the midcap index and its value or growth subsets will be forced to buy Duolingo.
Persons: Duolingo, Bryan Smilek, Smilek, it's, Goldman Sachs, — CNBC's Michael Bloom Organizations: JPMorgan, 2Q, Allen, Co Locations: Pittsburgh, Wednesday's
Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.
Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York
London CNN —The Prince of Wales was back in action on Thursday, carrying out his first public engagements since his wife, Catherine, revealed her cancer diagnosis last month. William, 41, visited a surplus food charity in Surrey before he was expected to head to a youth center in west London. Kate’s cancer was found in tests following an abdominal surgery in January. William’s presence will be a welcome signal to royal-watchers that his wife is feeling well enough for him to resume public-facing duties. He made his most significant public appearance on Easter Sunday following the tradition family church outing.
Persons: Prince, Wales, Catherine, William, King Charles III, Prince William, Claire Hopkins, Alastair Grant, George, Charlotte, Louis, , King Charles Organizations: London CNN, Surplus, Aston Villa, CNN’s Royal Locations: Surrey, London, Kensington, Sheffield, Birmingham
An employee holds one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices climbed on Thursday, as risks of a widening Middle East conflict raised bullion's safe-haven appeal, overshadowing pressures from higher-for-longer U.S. interest rates. Spot gold was up 0.6% at $2,374.97 per ounce, as of 0429 GMT, after hitting an all-time high of $2,431.29 last Friday. Although, "U.S. interest rates remaining higher for a longer may be adding some pressure to the ongoing boost for gold ... Higher interest rates reduce the appeal of holding non-yielding bullion.
Persons: Kelvin Wong, Benjamin Netanyahu, Wong, Jerome Powell, Mario Centeno Organizations: Co, Asia Pacific Locations: Bangkok, Thailand, OANDA, Israel, Iran
Drayage trucks, which bring cargo from ports to warehouses nearby, must make the move to electric by 2035 in the U.S. state. Transitioning fleets to electricAcross the Atlantic, Dutch brewer Heineken recently partnered with Swedish electric truck start-up Einride to make the transition to electric. Getting more electric trucks to carry cargo on the road, especially for long-distance journeys, will need to be spearheaded by cargo owners that want their goods moved sustainably. Many of the new trucks will be deployed in markets where DFDS has not yet moved to electric trucks, including in the U.K. In California, Lime's use of electric trucks has been driven by legislation that states all drayage trucks must be zero-emissions by 2035.
Persons: Andrew Savage, we've, Savage, Arjen van der Woude, that's, van der Woude, Sweden's, Robert Falck, " Falck, Lime's Savage Organizations: PT Vale, Hight Logistics, CNBC, Heineken, DFDS, Volvo Locations: PT Vale Indonesia, China, California, U.S ., North America, Los Angeles, Long, Canada, Dutch, Swedish, Netherlands, Germany, Europe, Rotterdam
Dickey Betts, a honky-tonk hell raiser who, as a guitarist for the Allman Brothers Band, traded fiery licks with Duane Allman in the band’s early-1970s heyday, and who went on to write some of the band’s most indelible songs, including its biggest hit, “Ramblin’ Man,” died on Thursday morning at his home in Osprey, Fla. His death was announced on social media by his family. Mr. Betts’s manager David Spero said in a statement to Rolling Stone magazine that the cause was cancer and chronic obstructive pulmonary disease. Despite not being an actual Allman brother — the band was led by Duane Allman, who achieved guitar-god status before he died in a motorcycle accident in 1971, and Gregg Allman, the lead vocalist, who got an added flash of the limelight in 1975 when he married Cher — Mr. Betts was a guiding force in the group for decades and central to a sound that, along with the music of Lynyrd Skynyrd, came to define Southern rock. Although pigeonholed by some fans in the band’s early days as its “other” guitarist, Mr. Betts, whose solos on his Gibson Les Paul guitar seemed at times to scorch the fret board, proved a worthy sparring partner to Duane Allman, serving as a co-lead guitarist more than a sidekick.
Persons: Dickey Betts, Allman, Duane Allman, , David Spero, , Gregg Allman, Cher — Mr, Betts, Lynyrd Skynyrd, Gibson Les Paul Organizations: Stone Locations: Fla, Southern
CNN —Georgia’s government is attempting to force through a controversial “foreign agent” law, despite international condemnation and huge protests from its citizens. Critics of the law say is it is a Kremlin-inspired effort to undermine democracy which will damage Georgia’s bid to join the European Union. The ruling Georgian Dream party first tried to pass the bill 13 months ago, but was forced into an embarrassing climbdown following a week of intense protests. Nearly 80% of Georgians support European integration, according to a poll conducted in December by the National Democratic Institute. Since Russia invaded Ukraine in February 2022, thousands of Russians – especially men of service age – have fled to Georgia to avoid conscription.
Persons: CNN —, , Vladimir Putin, Putin, ” Salome Zourabichvili, Zourabichvili, , Irakli Gedenidze, ” Giorgi Bekurashvili Organizations: CNN, European Union, South Caucasus, , Kremlin, EU, National Democratic Institute Locations: Soviet, Europe, United States, Tbilisi, Georgian, Russia, South, Russian, “ Russia, Georgia, Ukraine
It may be the end of the line for the seafood chain Red Lobster, per Bloomberg. AdvertisementSeafood chain Red Lobster is considering filing for bankruptcy, Bloomberg reported Wednesday. According to the outlet, Red Lobster is being advised by the law firm King & Spalding. Red Lobster and King & Spalding did not respond to Bloomberg's requests for comment. Representatives for Red Lobster and King & Spalding did not immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Spalding, Red Lobster's, Ludovic Garnier, servings, Ian Borden, Borden Organizations: Bloomberg, Service, King, Spalding, Thai Union Group —, Golden Corral, Business Insider Locations: Maine
New York CNN —Despite overcoming a crisis in 2023, the pain isn’t over for America’s regional banks. Shares of New York Community Bank have tumbled 71%, Bank OZK shares have slid 16% and Webster Financial shares have lost 11%. Regional banks reported wide losses on their profits during the first quarter. PNC projects that its net interest income will fall between 4% to 5% in 2024 from last year. “I’m worried about a handful of [regional banks],” Bair told CNBC on Tuesday.
Persons: that’s, Jerome Powell, , ” Powell, Sheila Bair, “ I’m, ” Bair, ” Tesla, Tesla, Elon Musk, Chris Isidore, Musk, Chancellor Kathaleen McCormick, Read, Samantha Delouya, , Maximilian Kotz, Leonie Wenz, Noah Diffenbaugh Organizations: CNN Business, Bell, New York CNN, Regional Banking, New York Community Bank, Bank OZK, Webster Financial, PNC Financial, T Bank, US Bancorp, Citizens, PNC, Valley Bank, Signature Bank, First Republic Bank, Federal Reserve, Wilson Center, Federal Deposit Insurance Corporation, CNBC, Tesla, Securities and Exchange Commission, United Nations, Potsdam, Climate, CNN, Stanford University Locations: New York, Delaware, ” Delaware
They Graduated Into Gaza’s War. What Happened to Them?
  + stars: | 2024-04-18 | by ( ) www.nytimes.com   time to read: +5 min
These college graduates in Gaza finished training just one week before the war began. They Graduated Into Gaza’s War. Photo by Ahmed al DanafThey were among Gaza’s most ambitious students. This is not the first time war has come to Gaza. Hours later, Salem said, Mouayad was killed by a rocket when he went to retrieve the bodies.
Persons: Ahmed al Danaf, , Israel, , Loss, Madeha, Salem Shurrab, Mouayad Alrayyes, ” Salem, Salem, Mouayad, Aseel Taya, Sofyan, aya, asha Organizations: Al, Azhar University, Facebook, New York Times, Palestinian Ministry of Higher Education Locations: Gaza, Israel, Gaza City, Salem
The commercially successful ‘Eras’ tourThe Eras tour was massively successful in 2023 and it’ll stretch through the end of this year. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift performs during the "Evermore" section of the show in Sydney in February 2024. John Shearer/TAS23/Getty Images Fans apply jewels on their way to Swift's show in Foxborough, Massachusetts, in May 2023. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextShe is a generous boss, too, awarding $100,000 bonuses to Eras Tour truck drivers during the summer.
Persons: Washington CNN — Taylor Swift, Swift, It’ll, ” Armen Shaomian, StubHub, , “ Taylor Swift, hasn’t, SeatGeek, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, Bob Levey, TAS23, Christopher Polk, Allen J, Taylor, , that’s, That’s, doesn’t, Barack Obama, Angela Merkel, Pope Francis, ” Swift Organizations: Washington CNN, Poets Department, Fortune, University of South, CNN, Swift City, Pittsburgh, MetLife Stadium, New York Times, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Federal Reserve, ” AMC Locations: University of South Carolina, North America, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Nashville, Tampa , Florida, Mexico City, Kansas City , Missouri, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Coney, Houston, Inglewood , California, Cincinnati, United States, Canada, AMC’s
Nine Google employees were arrested after protesting the company's contract with Israel. AdvertisementA small group of Alphabet employees' long-simmering protests against the Google parent company's work with Israel ended with more than two dozen terminations on Wednesday. Google fired 28 employees who participated in office protests in New York and California on Tuesday, the company said on Wednesday. Last month, a Google employee protesting the contract was fired for disrupting a talk in New York by the company's head of Israel. Related storiesMore than 100 people, including Google workers, protested the project outside the company's New York office in 2022.
Persons: , Israel, Santa Clara County, Chris Rackow, Nimbus, Dzanh Le, Speaks Le, Le, Hasan Ibraheem, Ibraheem Organizations: Google, Israel, Service, Amazon, New York . Police, New York Police Department, Tech, Apartheid, Hamas, BI, Sunnyvale Police, Bloomberg Locations: California, New York, Sunnyvale , California, New York City, Sunnyvale, Santa Clara, Israel, York, Google's New York City
Conservatives are fleeing blue states in favor of red states. Conservatives are fed up with the cost of living, and the politics, in blue states. AdvertisementConservatives are flocking en masse from blue states to one Republican stronghold in particular: South Carolina. Chabot said blue states need to take a page out of red states' playbook. "And so if these blue states want to get better, then they need to look at what red states are doing to retain their populations and their businesses."
Persons: , Paul Chabot, he's, Chabot, Brad Liles, homebuyers, Zillow, Washington state's, It's, Lina Brock Organizations: Service, Republican, Wall Street, The State, New York Times, Washington, Times, Furman University, Forbes, Census Bureau Locations: Carolina, South Carolina, North Carolina , Georgia, New York , California, Florida, Virginia , Pennsylvania, Texas , New Jersey, Maryland, Texas, California, Washington, Oregon, Democratic, Spartanburg, Greenville , South Carolina, United States, Greenville, Black,
1 overall selection by the Indiana Fever in this week's WNBA draft, Clark's salary her first season will be just over $76,000. Clark's pay will escalate over the course of her four-year rookie contract, leaving her with total earnings of $338,056. The WNBA has grown in popularity in recent years, but it still trails behind the NBA, NFL, MLB and NHL. The highest paid WNBA player is Las Vegas Aces star Jackie Young, who will earn just over $250,000 this season. Here's how Clark's rookie deal stacks up against the most recent top picks from America's big four sports leagues.
Persons: Caitlin Clark, she'll, Jackie Young, Steph Curry, Cathy Engelbert, we're Organizations: WNBA, Indiana, Gatorade, Nike, NBA, NFL, MLB, NHL, Las Vegas Aces, Golden State Warriors, CNBC Locations: State
CNN —Dickey Betts, a guitarist and the co-founder of the Allman Brothers Band, has died, according to a family statement shared with CNN on Thursday by his longtime manager. “It is with profound sadness and heavy hearts that the Betts family announce the peaceful passing of Forrest Richard ‘Dickey’ Betts,” the statement reads. Credited with helping define the sound and of Southern rock genre of the ’60s and ‘70s, Betts, bass guitarist Berry Oakley, drummers Butch Trucks and Jaimoe joined brothers Gregg and Duane Allman to form the Allman Brothers Band in 1969. Betts left the Allman Brothers Band in a highly publicized split in the year 2000. When asked what he loved most about music, Betts told the Sarasota Herald Tribune in 2020 that it was primarily the effect it had on his audience.
Persons: Dickey Betts, Allman, Betts, Forrest Richard ‘ Dickey ’ Betts, Dickey, ” Betts, David Spero, Rolling Stone, Betts ’, Berry Oakley, Butch Trucks, Jaimoe, Gregg, Duane Allman, , , Johnny Cash, , I’m, Johnny Sandlin, Cash, Jessica, Oakley, Gregg Allman, Les Paul, Rick Diamond, Cameron Crowe, Crowe’s Oscar, Crowe, Billy Crudup’s, Duane, , , Phil Gast Organizations: CNN, Gibson, Factory, Allman, Sarasota Herald Tribune Locations: FL, West Palm Beach , Florida, Nashville, Nashville , Tennessee
A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India's Prime Minister Narendra Modi on April 15, 2024. The 2024 general elections will pan out in seven phases over the next six weeks, starting April 19. India's meteoric riseUnder Modi's rule, India's economy has scaled to new heights. It is now the world's fifth-largest economy with a GDP of $3.7 trillion and has set its sight on becoming the world's third largest economy by 2027. Home to 1.4 billion people, the world's most populous country is the fastest growing economy in the world.
Persons: Narendra Modi, Idrees Mohammed, Hong Kong's, Modi, Suyash Rai, Joe Biden, Chietigj Bajpaee, Biden, Bajpaee, Rahul Gandhi, Rajiv Gandhi, Indira Gandhi, Jawaharlal Nehru, Amitendu Palit, Modi's, R.satish Babu Organizations: Bharatiya Janata Party, India's, Afp, Getty, Voters, Monetary Fund, Carnegie India, CNBC, White, Bloomberg, India, South Asia, Chatham House, BJP, National Democratic Alliance, Indian, Developmental Inclusive, Indian National Congress, Institute of South Asian Studies, National University of Singapore, NDA, Centre, of Foreign Relations, Reuters Locations: Lok Sabha, Lok, Hong, Washington, U.S, India, China, Raipur, Coimbatore
New York CNN —Jury selection in Donald Trump’s hush money business fraud case began Thursday looking like the task of finding 12 jurors had run aground. Juror 11 was seated on the jury after Merchan denied Trump’s challenge to the juror for cause. Trump’s lawyers argued she should be dismissed because she said she does not like Trump’s “persona.”“I don’t like his persona,” she said. The district attorney’s office refused. Trump’s attorneys and the district attorney’s office also will get additional peremptory challenges for the alternate jurors.
Persons: Donald Trump’s, Juan Merchan’s, It’s, won’t, topsy turvy, Trump, Merchan, , , “ It’s, Trump’s, it’s, Susan Necheles, she’d, Michael Cohen, he’s, Todd Blanche, Josh Steinglass, “ We’re, ” Merchan, Blanche, “ They’re, what’s, Sandoval, they’ll, Jean Carroll, that’s Organizations: New, New York CNN, Trump, CNN, Twitter Locations: New York, Manhattan, New Yorker
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. Beleaguered artificial intelligence startup Stability is laying off employees after the exit of its controversial former CEO Emad Mostaque. The company's newly appointed co-CEOs Shan Shan Wong and Christian Laforte told employees in an email Wednesday night that the firm needed to "restructure parts of the business, which will sadly mean saying goodbye to some colleagues." "Those who are affected by this have been notified individually and we will be supporting them throughout this period," Wong and Laforte, who were previously chief operating officer and chief technology officer at the company, respectively, said in the internal memo. Stability AI's layoffs amount to about 10% of its global headcount, according to publicly available data online which shows the firm employs around 200 people in total.
Persons: Emad Mostaque, Emad, Shan Shan Wong, Christian Laforte, Wong, Laforte Organizations: Bloomberg Technology Summit, CNBC Locations: San Francisco , California
Boeing's corporate planes collectively flew about 4,500 hours across some 1,800 flights last year, according to data from the aviation-tracking website JetSpy. Jet Edge InternationalThe fleet's top airports include Chicago International Airport, Washington Dulles International Airport, and Boeing Field King County International Airport — all located near Boeing's corporate offices and factories. AdvertisementThe locations of Boeing's corporate fleet on April 12, according to JetSpy data. For instance, JetSpy data shows aerospace company Lockheed Martin collectively flew its five private jets for about 2,700 hours in 2023. AdvertisementBoeing wrote in the filing that its CEO "is required to use company aircraft for all business and personal travel for security reasons."
Persons: , Dave Calhoun, Calhoun, Brian West, Lockheed Martin, Taylor Swift, Elon Musk, Max, messier Organizations: Service, Business, Boeing Business Jets, Canadian, Bombardier, Challenger, Jet Edge, Chicago International Airport, Washington, International Airport, Boeing Field King County International, Airport, Lebanon Municipal Airport, Wall Street Journal, Boeing, Lockheed, PepsiCo, Costco, Alaska Airlines, Calhoun . Locations: Westchester, New York, Lebanon, New Hampshire, South Carolina, New Canaan , Connecticut, American
Citi's wealth unit has seen at least 11 senior execs exit since Merrill Lynch veteran Sieg joined in September. The latest departure is David Bailin, chief investment officer for the global wealth division, who announced his departure on Monday. Sieg's mandate is to turn around the wealth business, which was barely profitable this past quarter. Sieg also plans to expand Citi's already successful wealth business in Asia. At least two other senior Asia executives have left.
Persons: Andy Sieg, Merrill Lynch, Sieg, David Bailin, Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merril Lynch, Don Plaus, Hale Behzadi, Citi David, Eduardo Martinez Campos, Keith Lee Hong, Fernando Lopez Munoz, Luigi Pigorni, Jeff Sutton, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Citi, Business, Bankers, Citi Wealth, Citi Global Wealth, North America, Eduardo Martinez Campos Head, Mark, Mark Mills Regional, Fernando Lopez Munoz Head, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Keith Lee Hong Kong, Mark Mills, Shyam Sambamurthy South Asia, America, West China, hcuccinello@businessinsider.com
Caitlin Clark attended the 2024 WNBA Draft on Monday and was picked by the Indiana Fever. On the red carpet, she wore a $17,000 Prada outfit and more than $10,000 worth of John Hardy jewels. She wore diamond earrings and three bracelets made from silver and gold. AdvertisementThe 2024 WNBA Draft wasn't just about basketball for superstar Caitlin Clark. The event was also her first foray into the world of fashion, with the 22-year-old athlete sporting a $17,000 Prada outfit and an array of diamond jewelry worth $10,485 on the red carpet.
Persons: Caitlin Clark, John Hardy, Organizations: Indiana, Service
Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML's net sales fell in the middle point of the company's guidance. ASML on Monday said first-quarter profit beat expectations while sales missed forecasts, with the company sticking to its full-year outlook. ASML has previously said it expects net sales for 2024 to be similar to 2023 and reiterated this projection on Monday. ASML previously said that export restrictions would impact 10% to 15% of China sales this year.
Persons: Joe Biden's, ASML, Peter Wennink, ASML's bullishness, Roger Dassen Organizations: Samsung, Taiwan Semiconductor Manufacturing Co, Intel Locations: Netherlands, China, U.S, America
The gold and currency had just arrived on an Air Canada flight from Zurich, Switzerland. At least two former Air Canada employees allegedly helped in the audacious theft, police say. “They needed people inside Air Canada to facilitate this theft,” Detective Sgt. “This was the largest gold heist in Canadian history, reportedly, it’s the sixth largest in world crime history,” said Deputy Police Chief Nick Milinovich. “I don’t think I ever imagined they’d have to deal with the largest gold heist in Canadian history, it’s almost out of an Ocean’s Eleven movie or a CSI.
Persons: Mike Mavity, , ” Peter Fitzpatrick, , Eric, it’s, Nick Milinovich, Patrick Brown Organizations: Ottawa CNN —, Toronto’s Pearson International Airport, Police, Air Canada, Air, Peel Regional Police, US, of Alcohol, Tobacco, Firearms, Explosives, ATF, ” Police Locations: Canada, Zurich, Switzerland, Air Canada, Peel, Pennsylvania, Ontario, Brampton , Ontario
As earnings season picks up steam, Morgan Stanley has named a group of stocks that could see a jump on quarterly results. Nvidia has climbed more than 70% in 2024, and the chipmaker is set to report quarterly results on May 22. Analysts polled by FactSet forecast earnings per share of $5.56 on revenue of $24.46 billion in the fiscal first quarter. Analysts have upwardly revised their earnings estimates on Nvidia by 17% over the past three months, according to FactSet data. Amazon has added 19% in 2024, and the company will report quarterly results on April 30.
Persons: Morgan Stanley, Michelle Weaver, Joseph Moore, Moore, Brian Nowak, Nowak Organizations: Amazon, Nvidia, Wall, Analysts, North Locations: North America
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