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Copyright © Dow Jones & Company, Inc. All rights reserved.
1. Molson Coors’ gains from the Bud Light boycott have run their course, analysts say21:01 [-/+]
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| When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday. Медиа: | ↑ |
2. Vertiv’s stock rallies as data-center AI deployments fuel earnings beat20:59 [-/+]
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| Vertiv cites the “acceleration of AI-driven demand” in driving new orders. Медиа: | ↑ |
3. New-car sales expected to tick higher as inventories, and deals, are on the rise20:50 [-/+]
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| 2024 is shaping up to be the best for new-car sales since 2019. Медиа: | ↑ |
4. GDP set to top 2% again, extending hot streak for U.S. economy20:31 [-/+]
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| The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock. Медиа: | ↑ |
5. 10-year Treasury yield trades near highest levels of 2024 as Fed’s preferred inflation gauge looms20:20 [-/+]
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| Yields on U.S. government debt remained slightly higher Wednesday afternoon, with traders focused on the next major inflation update at the end of the week. | ↑ |
6. Humana’s stock falls as earnings outlook to remain unclear for months20:17 [-/+]
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| Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook will continue. Медиа: | ↑ |
7. Hilton’s stock pops after earnings beat estimates, despite the impact of bad weather19:58 [-/+]
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| Hilton Worldwide Holdings Inc.’s stock rose 4.6% Wednesday after the hotel operator’s first-quarter earnings beat analysts’ estimates, even as the company grappled with bad weather and other issues. Медиа: | ↑ |
8. Norfolk Southern says Baltimore bridge collapse’s cost is more than $25 million per month19:57 [-/+]
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| Norfolk Southern’s coal-shipping business has been impacted by the Francis Scott Key Bridge collapse. Медиа: | ↑ |
9. As bird flu spreads in dairy cows, more surveillance is needed, health officials say19:55 [-/+]
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| Recent bird-flu outbreaks in dairy cows and other animals underscore the need for better virus surveillance across species, WHO officials said Wednesday. Медиа: | ↑ |
10. One of Wall Street’s biggest bears hits pause on making calls on the S&P 50019:32 [-/+]
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| One of Wall Street’s biggest bears is giving up on making S&P 500 calls, at least for now. Медиа: | ↑ |
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