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Chipmaker Intel Corp (INTC.O) gained 4.7% after it said gross margins will improve in the second half of the year. Analysts now expect first-quarter earnings for S&P 500 companies to fall 1.9% from a year ago compared with a 5.1% fall expected at the start of April, according to Refinitiv data. The KBW Regional Banking index (.KRX) and the S&P 500 bank index (.SPXBK) gained over 1% each. Advancing issues outnumbered declining ones on the NYSE by a 2.90-to-1 ratio; on Nasdaq, a 2.07-to-1 ratio favored advancers. The S&P 500 posted 24 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 53 new highs and 107 new lows.

Chipmaker Intel Corp (INTC.O) gained 4.6% after it said gross margins will improve in the second half of the year. The benchmark S&P 500 (.SPX) was set for a second consecutive monthly gain on better-than-expected earnings from megacap companies including Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O). Analysts expect first-quarter earnings for S&P 500 companies to now fall 1.9% year-over-year compared with a 5.1% fall expected at the start of April, according to latest Refinitiv data. The KBW Regional Banking index and the S&P 500 bank index (.SPXBK) gained over 1% each. The S&P index recorded 21 new 52-week highs and two new lows, while the Nasdaq recorded 42 new highs and 97 new lows.

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 10, 2023. Chipmaker Intel Corp (INTC.O) gained 6.1% after it said gross margins will improve in the second half of the year. Amazon.com Inc (AMZN.O) fell 3.5% as the company signaled its cloud growth would slow further, overshadowing its better-than-expected quarterly results. Analysts expect first-quarter earnings for S&P 500 companies to fall 2.4% year-over-year compared with a 5.1% fall expected at the start of April. Advancing issues outnumbered decliners by a 3.01-to-1 ratio on the NYSE and a 2.01-to-1 ratio on the Nasdaq.

The main U.S. indexes ended up sharply on Thursday, with the benchmark S&P 500 (.SPX) logging its biggest one-day percentage gain since early January. Analysts expect first-quarter earnings for S&P 500 companies to fall 2.4% year-over-year compared with a forecast for a 5.1% fall at the start of April. ET, Dow e-minis were down 115 points, or 0.34%, S&P 500 e-minis were down 10 points, or 0.24%, and Nasdaq 100 e-minis were down 14.75 points, or 0.11%. Chipmaker Intel Corp (INTC.O) gained 6.5% after it said gross margins will improve in the second half of the year. Colgate-Palmolive Co (CL.N) inched up 0.7% after the toothpaste maker lifted its annual organic sales forecast betting on consistent price hikes.

☆ Colgate-Palmolive raises annual organic sales forecast on price hikes
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

April 28 (Reuters) - Colgate-Palmolive Co (CL.N) raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company now expects full-year organic sales growth of 4% to 6%, compared with its prior expectations of 3% to 5% range. Peer Kimberly-Clark Corp (KMB.N) also raised its full-year profit forecast on Tuesday, helped by consistent price hikes. While that pulled down its total organic volumes by 2%, this was more than offset by a 12% increase in prices. Colgate-Palmolive's revenue rose over 8% to $4.77 billion in the quarter ended March 31, beating analysts' average estimate of $4.58 billion, according to Refinitiv data.

REUTERS/Brendan McDermidSummarySummary Companies Amazon down after signaling slower AWS growthPinterest, Snap fall on downbeat forecastsIntel gains on upbeat view on marginsMarch PCE index due at 8:30 a.m. ETFutures down: Dow 0.37%, S&P 0.37%, Nasdaq 0.28%April 28 (Reuters) - U.S. stock index futures dipped on Friday as Amazon's warning about a slowdown in its cloud business and downbeat forecasts from Snap and Pinterest dented Wall Street sentiment, while investors awaited a key inflation report later in the day. The main U.S. indexes ended up sharply on Thursday, with the benchmark S&P 500 (.SPX) logging its biggest one-day percentage gain since early January. Analysts expect first-quarter earnings for S&P 500 companies to fall 2.4% year-over-year compared with a forecast for a 5.1% fall at the start of April. ET, Dow e-minis were down 127 points, or 0.37%, S&P 500 e-minis were down 15.25 points, or 0.37%, and Nasdaq 100 e-minis were down 37.25 points, or 0.28%.

☆ Futures dip as Amazon warns of slowdown in cloud segment
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +3 min

Amazon.com Inc (AMZN.O) shares slipped 1.1% in premarket trading as the company signaled its cloud growth would slow further, overshadowing its better-than-expected quarterly results. The weak updates followed stronger-than-expected earnings from big technology and growth companies this week including Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O) which led analysts to improve first-quarter profit estimates for S&P 500 companies. The main U.S. indexes ended up sharply on Thursday, with the benchmark S&P 500 (.SPX) logging its biggest one-day percentage gain since early January. Analysts expect first-quarter earnings for S&P 500 companies to fall 2.4% year-over-year compared with a forecast for a 5.1% fall at the start of April. ET, Dow e-minis were down 105 points, or 0.31%, S&P 500 e-minis were down 16 points, or 0.39%, and Nasdaq 100 e-minis were down 48.75 points, or 0.37%.

☆ Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more
▼ + stars: | 2023-04-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Snap — The Snapchat parent company cratered about 18% after missing revenue expectations for the recent quarter. Intel — Intel shares rose more than 4% even after the company reported its largest quarterly loss on record and a 133% reduction year over year. Colgate-Palmolive — The consumer giant saw its stock rally 4% after the company reported quarterly earnings and revenue that topped expectations. The company reported 98 cents in earnings per share, above the 89 cents expected by analysts polled by Refinitiv. Newell Brands — Shares gained 2% even after the consumer goods company reported a wider-than-expected loss.

☆ Consumer goods stocks are set to keep running, and it's not too late to buy, Jim Cramer says
▼ + stars: | 2023-04-28 | by ( Natasha Piñon | ) www.cnbc.com time to read: +1 min

Food and consumer goods stocks are poised to keep running, Jim Cramer said Friday, at least if no external news drags down the entire market. The resilience of snack and packaged-goods stocks will hold particularly true as debt-ceiling talks flounder, he added. Colgate-Palmolive also rallied following an earnings report that topped revenue expectations. Cramer also saw the same promise in General Mills , which hit a new 52-week high Friday, and Procter & Gamble , which beat earnings and revenue expectations last week. "Even as these consumer-packaged good stocks have run a great deal, I don't think it's too late," Cramer said.

☆ Morning Bid: Amazon cools, Intel warms, Japan hesitates
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +5 min

[1/2] A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. But the dramatic re-acceleration of Big Tech stocks this week - where the NYFANG+TM (.NYFANG) index of the top 10 Big Tech stocks is now up 37% so far this year - is competing with multiple macro narratives that are increasingly hard to read. With the Fed meeting in view, the release of March PCE price inflation data later on Friday tops the diary. Wall St stock futures fell back 0.4% after a wild ride in Amazon.com shares overnight. With much of Europe and Asia closed on Monday for the May Day bank holiday, Asia bourses advanced in Wall St's slipstream but Europe retreated sharply on some jarring corporate updates.

☆ Big Tech earnings are on deck this week. Why that matters
▼ + stars: | 2023-04-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —With Microsoft, Alphabet, Amazon and Meta Platforms all slated to report earnings this coming week, investors are turning their attention away from bank earnings to Big Tech. Another major theme for tech earnings is the race toward artificial intelligence. Earnings reports from Meta Platforms (META), Boeing (BA) and ServiceNow (NOW). Earnings reports from Amazon (AMZN), MasterCard (MA), T-Mobile (TMUS), Keurig Dr Pepper (KDP) and Capital One (COF). Earnings reports from Exxon Mobil (XOM), Chevron (CVX), Colgate-Palmolive (CL) and New York Community Bancorp (NYCB).

☆ Big Tech earnings, crucial inflation call — here comes the biggest week of earnings season
▼ + stars: | 2023-04-22 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks stuck to a holding pattern this week as investors brace for an incoming wave of Big Tech earnings and the Fed's favorite inflation reading. Earnings reports have generally been better than expected so far this first quarter. Humana (HUM) reports before the bell Wednesday; Meta Platforms and Pioneer Natural Resources (PXD) report after the bell Wednesday. ET: Personal Spending & Income (includes PCE Price Index) Club trades this week Just one trade: We added 150 shares of Coterra Energy (CTRA) on Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ What to watch for in the markets in the week ahead: Monster tech earnings, then sell in May?
▼ + stars: | 2023-04-21 | by ( Scott Schnipper | ) www.cnbc.com time to read: +6 min

More than one third (35%) of the S & P 500 reports earnings next week — including megacaps Microsoft, Alphabet, Meta Platforms and Amazon — versus less than 12% in the week just ended and only 2% last week. So far this quarter, S & P 500 earnings are running 4.7% below the same period a year ago, Refinitiv data shows. Back then, the S & P 500 fell 19.4% from its April high to a low on October 3. Meanwhile, next week is the last full trading week before Wall Street's old adage to "sell in May and go away" takes hold. ET: FHFA Home Price index (February); S & P Case-Shiller home price indexes (February) 10:00 a.m.

Stocks with steady earnings growth are the play to manage an upcoming economic downturn, according to David Kostin, Goldman Sachs' chief U.S. equity strategist. Goldman Sachs projects that there is a 35% probability that the U.S. economy will enter a recession within the next 12 months. What's perhaps not priced in our view, would be the stable growth companies." The equity strategist named household products company Colgate-Palmolive and biotechnology name Amgen as examples of stocks with low variability of earnings growth in an environment that's laden with recession risk. The firm also picked pest-control company Rollins and consumer goods company Procter & Gamble in its basket of steady earnings growers.

☆ Elon Musk's free-speech agenda at Twitter is 'perpetuating racism,' McDonald's marketing chief reportedly says in leaked email
▼ + stars: | 2023-04-07 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Semafor reported that execs at some big advertisers had concerns about Elon Musk's "racist rhetoric." McDonald's marketing chief feared Musk was "perpetuating racism" under "the guise of freedom of speech." A Colgate-Palmolive exec said she was "mindful of the harmful and often racist rhetoric" of Musk, per Semafor. Colgate-Palmolive's consumer experience general manager, Diana Haussling, said she was "mindful of the harmful and often racist rhetoric of Elon Musk," according to the report. Semafor reported that Chris Riedy, Twitter's global sales and marketing chief, didn't defend Musk in his response but thanked the advertisers for their feedback.

Investors may want to look somewhere other than tech for safety, according to Morgan Stanley's Mike Wilson. Tech is the best-performing sector this year, up more than 20% and outpacing the S & P 500 's 7% advance. Recently, tech stocks got a boost after bond yields fell amidst volatility in the banking sector. Morgan Stanley looked for defensive stocks to own in a bear market. His 2023 S & P 500 target of 3,900 is also the third-lowest in CNBC Pro's Market Strategist Survey.

☆ The US is in a 'rolling recession' but financials and retail stocks have repriced and present opportunities, Morgan Stanley's chief stock strategist says
▼ + stars: | 2023-03-29 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +2 min

Morgan Stanley's Mike Wilson said the US is in a rolling recession but opportunities exist in stocks still. In an interview with Bloomberg, the chief strategist explains why financials and retail look attractive. Wilson has long been bullish on the stock market, predicting that 2023 could see steep declines in equity prices. "Markets go through these periods I call a rolling bear market [or] rolling recession," Wilson told Bloomberg on Monday. The chief stock strategist, who previously sounded the alarm on the worst earnings recession since 2008, has been steadily bearish in recent months.

☆ Mike Wilson says an earnings-driven stock decline is imminent so get defensive with these two stocks
▼ + stars: | 2023-03-27 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Investors are still too optimistic about corporate earnings, and a severe deterioration is about to drag stocks lower, according to Mike Wilson, Morgan Stanley's chief investment officer. "This is typically how bear markets end—i.e., P/E multiples fall precipitously and unexpectedly, catching many investors off guard," Wilson said. "The recent underperformance of small caps and low quality stocks suggests it could be imminent." "We believe it's underappreciated how significant the negative operating leverage is going to get before this earnings recession is over," Wilson said. Given such a negative outlook, Morgan Stanley looked for defensive stocks to own that should fare better in a bear market.

☆ These elite dividend stocks have raised their payments for over 60 consecutive years
▼ + stars: | 2023-03-19 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Through recessions and economic booms, over decades of market volatility, only eight companies in the S & P 500 have hiked their annual dividends year-in and year-out for at least 60 years. It pays an annual dividend of $1.84 per share, and currently has a dividend yield of 3.07%, while the S & P 500's average dividend yield is 1.65%. Manufacturing company Stanley Black & Decker and food and beverage giant PepsiCo have raised their annual dividends for more than 50 years. ExxonMobil and Chevron have hiked their annual dividends for 40 and 36 years, respectively. Based on the current dividend rate, with no additional increases or decreases, Silverblatt expects cash payments for 2023 to increase 3.9% over 2022.

[1/2] Customers shop at a mall ahead of the Chinese Lunar New Year, in Beijing, China January 15, 2023. REUTERS/Tingshu Wang/File PhotoLONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. Tourism from China was helping sales in neighbouring Macau, Hong Kong, Taiwan and even Japan, he added. Reckitt Benckiser, which makes Nurofen tablets, cold remedy Lemsip and Durex, saw a pick-up in China after a decline in volumes because of lockdowns. U.S. retailer Walmart Inc (WMT.N), which operates nearly 400 retail and wholesale stores in China, reported strong traffic in its stores since reopening.

Big brands have seen earnings propelled by double-digit price hikes – even if it has had a negative impact on demand elasticity. Only two-thirds (67%) of the companies that have reported have beat earnings estimates, the lowest beat rate in eight years. But workforce reductions aren't the only way for companies to cut costs, or necessarily the best way in a tight labor market. We've seen notable examples across industries of just how important general cost cuts have been this earnings season. Of course, Airbnb was one of the first companies to cut costs when the pandemic hit.

Financial advisor Cassandra Cummings has taught more than 100,000 Black women start investing in the stock market. Here are four investments she recommends for beginners, including REITs and dividend stocks. Real estate investment trustsInvesting in real estate can require large sums of cash on hand to close sales, make renovations, and maintain properties. On the other hand, real estate investment trusts (REIT) are companies that own, operate or finance income-producing real estate ventures. It's an easy way to start investing in real estate if you don't have the capital to invest in your own rental property.

☆ Top 10 things to watch in the stock market Friday: Market slide, optimism on Club stocks
▼ + stars: | 2023-02-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Deere (DE) posts a big earnings beat: $6.55 per share for fiscal 2023 first quarter, beating estimates of $5.53. Roku (ROKU) double upgraded at Bank of America to buy, price target to $85 per share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Nestlé says food prices will rise further this year
▼ + stars: | 2023-02-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

Food, including ice cream, will see significant price increases in 2023, CEO Alan Jope said on the same call. Unilever said price increases caused sales volumes to decline by 2.1% in 2022. Heineken, meanwhile, said it expected to sell less beer in Europe this year because of “steep” price increases related to energy costs. At the time, Tesco (TSCDF) described the company’s price increases as “unjustifiable.” Once the products were restored, prices were unchanged on Heinz’s most popular lines. Gabby Jones/Bloomberg/Getty ImagesTesco has also “fallen out with other suppliers” over price increases, its chairman John Allen recently told the BBC.

☆ Fabuloso recalls about 5 million bottles because of bacterial contamination
▼ + stars: | 2023-02-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Nearly 5 million bottles of Fabuloso multi-purpose cleaner have been voluntary recalled because there’s a “risk of bacterial growth,” the company said. Around 3.9 million bottles were never released for sale, the company said. The first eight digits of the lot code of the recalled products are 2348US78 through 2365US78 and 3001US78 through 3023US78, the CPSC said. If a customer has one of the products listed below, the company can get a refund through a special website or by calling the company at 1-855-703-0166. Fabuloso is telling affected customers to “immediately stop using the recalled product” and to dispose of it in its container.

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