Stocks closed sharply higher on Thursday as investors reacted to a flurry of earnings reports from major companies and awai🌄ted developments on tariffs.
The S&P 500 and tech-heavy 澳洲幸运5开奖号码历史查询:Nasdaq Composite gained 2% and 2.7%, respectively, while the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average added 1.2%, or nearly 500 points. Stocks were coming off of 澳洲幸运5开奖号码历史查询:two straight days of hefty gains sparked by hopes President Donald Trump will 🐬澳洲幸运5开奖号码历史查询:scale backဣ some of his tariff proposals and significantly cut the 145% levy that's already in place for Chinese 🌟i♚mports.
Companies releasing quarterly results were among the noteworthy movers on Thursday. ServiceNow (NOW) and Hasbro (HAS) each soared about 15% to lead S&P 500 advancers, while Texas Instruments (TXN) rose more than 6%. Dow components International Business Machines (IBM) and Procter & Gamble (PG) were down nearly 7% and 4%, respectively, while PepsiCo (PEP) slid 5% and Comcast (CMCSA) dropped about 4%.
Shares of the world's largest technology companies were higher across the board, led by chipmakers Nvidia (NVDA) and Broadcom (AVGO), which advanced nearly 4% and 6%, respectively. Microsoft (MSFT), Amazon (AMZN) and Tesla (TSLA) each tacked on more than 3%, while Apple (AAPL), Alphabet (GOOG), Meta Platforms (META) were each up about 2%. Alphabet added to those gains in extended trading after releasing 澳洲幸运5开奖号码历史查询:strong quarterly results.
Intel (INTC), which also 澳洲幸运5开奖号码历史查询:released results after the bell, rose more than 4% before sliding in after-hours trading. Other chip stocks also gained ground, with On Semiconductor (ON) up 9% and Marvell Technology (MRVL) rising nearly 7%, while Microchip Technology (MCHP) surged 12% to lead Nasdaq gainers. The VanEck Semiconductor ETF (SMH) climbed 5%.
The U.S. dollar index, which measures the performance of the dollar against a basket of foreign currencies, was down 0.6% at 99.30 in late-afternoon trading, losing ground for the first time in three days. The index on Monday hit 97.92, its lowest level since March 2022, as concerns about tariffs and their potential impact on the U.S. econo🍸my weighed on sentiment.
The yield on the 10-year Treasury note, which influences borrowing costs on all sorts of loans, 澳洲幸运5开奖号码历史查询:notably mortgages, was at 4.32%, down from 4.39% at Wednesday's close.
Bitcoin was little changed from yesterday after two straight days of gains t🍒hat pushed i𓄧ts price to the highest level since early March. The digital currency was at $93,500, up from a low of $91,700 this morning.
Gold futures, which 澳洲幸运5开奖号码历史查询:fell sharply yesterday after hitting a record high of around $3,500 an ounce early Tuesday, were recently up 2% at $3,360. West Texas Intermediate futures, the U.S. crude oil benchmark, rose 0.8% to $62.75 per barrel.
Biggest S&P 500 Movers on Thursday
Advancers
- ServiceNow shares (NOW) jumped 15.5%, notching the top performance in the S&P 500, after the cloud-based enterprise software firm topped sales and profit forecasts 澳洲幸运5开奖号码历史查询:with its first-quarter results. ServiceNow indicated that tariffs, trade negotiations, and government efficiency efforts represent an opportunity, rather than a headwind, for its products designed to help organizations automate and modernize their processes.
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Bridget Bennett / Bloomberg / Getty Images
- Hasbro (HAS) reported 澳洲幸运5开奖号码历史查询:better-than-expected sales and prof♋its for the first quarter, and shares of the toymaker surged 14.6%. The home to brands like Nerf and Play-Doh also maintained its full-year guidance, despite uncertainties about the potential impact of tariffs. In addition, Hasbro announced an extension of its licensing deal with Disney (DIS), meaning the company will continue producing toys for the entertainment giant's popular franchises such as Marvel and Star Wars.
- Semiconductor manufacturer Microchip Technology (MCHP) unveiled a new power module designed to improve power management for data centers and industrial automation processes. Microchip's new product aims to boost efficiency and minimize power loss with a compact solution that requires less board space. Microchip shares advanced 12.4% on Thursday.
Decliners
- Shares of financial technology firm Fiserv (FI) plunged 18.5%, suffering the steepest drop of any S&P 500 constituent, following a mixed quarterly earnings report. Although profits topped expectations, revenue fell short of forecasts, reflecting slower growth in the company's Clover point-of-sale business and lower payment processing activity in its merchant solutions segment. Fiserv also announced an agreement to acquire Brazilian fintech firm Money Money, aiming to supplement Clover's operations by providing financing to small businesses in the country.
- Auto parts provider LKQ (LKQ) also missed quarterly sales estimates, and its shares skidded 11.6%. Adjusted earnings per share (EPS) were down year-over-year, and LKQ reported negative free cash flow (FCF) during the period. Although the company left its guidance unchanged, it is monitoring possible tariff impacts, indicating that it formed a dedicated task force to evaluate potential challenges and opportunities related to the shifting global trade environment.
- Although International Business Machines (IBM) posted better-than-expected quarterly sales and profits, the tech giant's top executive warned that 澳洲幸运5开奖号码历史查询:customers𒈔 could rein in their spending as they navigate economic uncertainty and transformations in government policy. IBM shares sank 6.6% on Thursday.
Major Indexes on Track for Winning Week
With three straight days of big gains under thei🍌r belt, major U.S. stock indexes are on track to post weekly gains for the second time in the last three weeks.
Through Thursday's close, the Dow has gained 2.4% so far this week, while the S&P 500 and Nasdaq Composite have added 3.8% and 5.4%, respectively. Though sizable, this week's gains are still lower than those recorded the week before last.
T♓he indexes are still in the red for the month, though the Nasdaq is just barely so.
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Intel Tumbles in After-Hours Trading as Forecast Disappoints
Intel (INTC) issued a quarterly outlook that fell shor🎶t of analysts’ expectations, sending shares lower in extended trading🐼 Thursday.
The chipmaker projected second-quarter revenue of $11.2 billion to $12.4 billion, well below the analyst consensus compiled by Visible Alpha. Intel's projection of breakeven adjusted earnings per share also trailed analysts' forecasts.
Shares of Intel were down about 5% in after-hours trading after climbing more than 4% in Thursday's regular session. The stock was up about 7% for 2025 through Thursday’s close.
Intel reported first-quarter revenue of $12.67 billion, down less than 1% year-over-year and above the analyst consensus. Adjusted net income of $580 million, or 13 cents per share, compared to $759 million, or 18 cents per share, a year earlier, also topping Wall Street’s estimates. Intel's foundry division, which makes chips for other companies, delivered revenue of $4.7 billion, beating projections.
“The first quarter was a step in the right direction, but there are no quick fixes as we work to get back on a path to gaining market share and driving sustainable growth,” said CEO Lip-Bu Tan, who took over the company in March. Tan added that he is "taking swift actions to drive better execution and operational efficiency."
The results follow a report this week that Intel plans to cut 澳洲幸运5开奖号码历史查询:more than 20% of its workforce, as part of a bid to𓃲 strea﷽mline its operations
Alphabet Jumps in Extended Trading on Strong Earnings
Google parent Alphabet (GOOGL) reported first-quarter revenue and pr𒁃ofit that exceeded analysts’ expectations, sending shares higher in extended trading Thursday.
The tech titan reported revenue of $90.23 billion, up 12% year-over-year and above the analyst consensus from Visible Alpha. Net income of $34.54 billꦐion, or $2.81 per share, compared to $23.66 billion, or $1.89 per share, a year earlier, also topping Wall Street’s estimates. Google Cloud revenue rose 28% to $12.3 billion, while Search & O♍ther segment revenue grew 10% to $50.7 billion.
CEO Sundar Pichai said Search growth was driven by "engagement we’re seeing with features like AI Overviews, which now has 1.5 billion users per month."
The company also raised its quarterly dividend by 5% to 21 cents, and announced an additional $70 billion in 澳洲幸运5开奖号码历史查询:stock buybacks.
Alphabet shares we♐re up nearly 5% in recent after-hours trading. The stock was down about 16% fo⭕r 2025 through Thursday’s close.
Airlines Hit by a 'Very Rapid' Drop in Domestic Demand
The skies aren't looking so friendly these days.
Southwest, American and Alaska were the latest airlines to express caution about the rest of the year, pulling their outlooks🐽 for 2025 and beyond amid flagging demand for domestic flights.
Southwest Airlines (LUV) CEO Bo♎b Jordan said Thursday the drop-off in business detected in February was one the most pronounced he has seen. “That is a very rapid fall🍌-off," he said on CNBC. "It’s probably the most that I have seen absent COVID."
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Sam Hodde / The Washington Post / Getty Images
The carrier believes economic unease, rather than Southwest's plans to 澳洲幸运5开奖号码历史查询:charge baggage fees or as💎sign customers seats, has weighed on sales, Jordan said🐎.
“A lot of that is, I think, the consumer reaction to the tariffs," he said on CNBC: "Some of that could be front-running the tariffs in terms of spending money in other locations. So it could snap backꦚ.”
American and Alaska also adjusted their outlooks, joining other carriers—including United (UAL) and Delta (DAL)—in making similar adjustments. (United recently 澳洲幸运5开奖号码历史查询:offered "bimodal" guidance that accounted for the possibility of a recession, while Delta 澳洲幸运5开奖号码历史查询:declined to affirm its projections for the year ahead.)
Southwest on Wednesday 澳洲幸运5开奖号码历史查询:pulled its annual targets for 2025 and 2026 and announced plans to "proactively" reduce capacity. Domestic travel is a bigger part of Southwest’s business than its 🥂competitors, it said in a press release.
American (AAL) 澳洲幸运5开奖号码历史查询:also withdrew its full-y𒀰ear guidance on Thursday. The company cited weak domestic sales, particularly in the main cabin and from third-party online travel sites—often used to comparison-shop—on an earnings conference call Thursday. (Executives estimate a fatal crash in January was r✅esponsible for $200 million of the $473 million loss last quarter, but they no longer anticipate it affecting sales.)
Those are “our most price-sensitive customers,” Chief Strategy Officer Stephen Johnson said, according to a transcript made available by AlphaSense. “We’d like to think that’s demand that’s not been lost, but demand that’s 澳洲幸运5开奖号码历史查询:on the sidelines waiting to understand which direction the economy is goin♛g.”
Delta CEO Ed Bastian in early April said Americans were 澳洲幸运▨5开奖号码历史查询:be🦹having as if they were in a recession. Although cheaper seats have gone unfilled, premium and international tickets 澳洲幸运5开奖号码历史查询:bought more often by the well-off have continued to 澳洲幸运5开奖号码历史查询:sell well, Delta, United and other carriers have said.
Pepsi Slides as Profit Outlook Cut Over Tariffs
PepsiCo (PEP) shares tumbled Thursday after the be💮ver🧸age and snack food giant lowered its full-year earnings outlook because of tariffs.
The company reported core, or adjusted, 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.48 on sales of $17.92 billion. Analysts surveyed by Visible Alpha had expected $1.50 and $17.79 billion, respectively.
The company said it now expects core constant currency EPS to be roughly flat year-over-year, down from its previous outlook of a mid-single-digit increase. PepsiCo cited "expected higher supply chain costs related to tariffs, elevated macroeconomic volatility, and a subdued consumer backdrop" as reasons for the outlook cut.
"As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our supply chain costs," PepsiCo CEO Ramon Laguarta said. "At the same time, consumer conditions in many markets remain subdued and similarly have an uncertain outlook."
On Tuesday, the Department of Health and Human Services and Food and Drug Administration said that they plan to phase out a number of food dyes. Some of the dyes are used in popular snack foods like Frito-Lay's Cheetos products, making the change likely to impact PepsiCo's manufacturing process and sales once the new rules are in effect.
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PepsiCo shares were down 5% in late trading. The stock has lost 1𓂃1% sinc𒁃e the start of the year, outpacing the decline of the S&P 500 so far in 2025.
Comcast Drops as Broadband, Cable Subs Decline
Comcast (CMCSA) shares fell Thursday as a continued decline in broadband and cable us🥀ers offset stronger-than-expected quarterly earnings and a jump in Peacock subscriberওs.
The media company posted first-quarter adjusted澳洲幸运5开奖号码历史查询: earnings per share (EPS) of $1.09 on revenue of $29.89 billion, compared to adjusted EPS of $1.04 on revenuꦏe of $30.06 billion a year ago. Analysts polled by Visible Alpha had projected $0.99 and $29.8 billion, respectively.
Comcast said it lost 199,000 U.S. broadband subscribers from a year earlier, as well as 427,000 video customers, as more cable TV consumers left. The Los Angeles fires earlier in the year also weighed on attendan𝓰ce at its theme parks, with revenue down 5.2%.
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Kyle Grillot / Bloomberg / Getty Images
“Theme Parks remain on an incredible growth trajectory,” Comcast CEO Brian L. Roberts said, however, adding that the company is opening its Epic Universe theme park in Orlando next month and pla𓄧ns to build one in the U.K.
Comcast’s Peacock streaming service and mobile service business, Xfinity Mobile, added customers. Peacock subscribers rose over 20% to 41 million subscribers, while Comcast said it added 323,000 domestic wireless l✃ines from a year ago.
Comcast shares were down more than 3% in late trading, pus💃hing their year-to-date d♊ecline to about 11%.
American Airlines Joins Rivals in Withdrawing Outlook
American Airlines (AAL) on Thursday became the latest big U.S. carrier to pull its 2025 outlook 🔯amid economic uncertainty.
The Fort Worth, Texas-based carrier joined rivals 澳洲幸运5开奖号码历史查询:Delta Air Lines (DAL) and 澳洲幸运5开奖号码历史查询:Southwest Airlines (LUV) in withdrawing its 2025 projections, saying it "intends to provide a full-year update as the economic outlook becomes clearer." It did provide a current-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS)&nbs𝔉p;projection of between $0.50 and $1, mostly below the Visible Alpha consensus of $0.95.
For the first quarter, American posted an adjusted loss of $0.59 per share on operating revenue of $12.55 billion. Analysts polled by Visible Alpha had expected an adjusted loss of $0.69 per share on revenue of $12.53 billion.
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Al Drago / Getty Images
Last month, American announced it was widening its Q1 adjusted loss forecast to $0.60 to $0.80 per share from $0.20 to $0.40, and lowering its revenue outlook to flat from up about 3% to 5% from the $12.57 billion recorded in Q1 2024. The company attributed the lower forecast "due to the impact of 澳洲幸运5开奖号码历史查询:Flight 5342 and 𝄹softness in the domestic leisureꦓ segment."
American Airlines shares were up 2.5% in recent🦋 tr𒐪ading. They entered the day down more than 45% in 2025.
An Apple Bull Trims Price Target on the Stock
One of Wall Street's Apple bulls pared their optimism on the tech giant's shares today.
Bank of America analysts on Thursday maintained their "buy" rating on Apple (AAPL) stock, but they also trimmed their price target by $10, lowering it to $240. (That's still above the Street's mean near $234, according to Visible Alpha.) Their reasons: tariff-related costs that could weigh on margins, along with concerns that 澳洲幸运5开奖号码历史查询:delayed AI features could dent device demand.
The stock, meanwhile, was ticking higher as broader markets rose. Apple's shares were recently up 1% to around $207.
Apple is set to join the parade of 澳洲幸运5开奖号码历史查询:Magnificent Seven tech companies to report earnings, with its results due next Thursday after the closing bell. Bank of America expects some tariff-driven "pull forward" to have helped lift sales duℱring the most recent quarter, but they're cutting longer-term sales estimates "to adjust for higher costs of navigating a more complex supply chain and for delays in launching an AI enabled Siri."
Apple's shares are down about 17% so far this year, underperforming the benchmark 澳洲幸运5开奖号码历史查询:S&P 500. Research firm Vanda earlier this week noted recent net selling of Apple by retail investors even as net buying continued elsewhere—such as shares of Tesla (TSLA) and Nvidia (NVDA).
"Individuals continue to give off capitulation-lite signals, but a full-blown unwind remains moderately far on the horizon," Vanda wrote in a Wednesday note.
What Analysts Think of Alphabet Stock Ahead of Earnings
Google parent Alphabet (GOOGL) is slated to report first-quarter results after the market closes Thursday, with analysts largely bullish on the tech giant's ability to weather 澳洲幸运5开奖号码历史查询:economic uncertainty.
Citi analysts said recent🐻ly the𓆉y expect Google Search would be “among the last platforms to experience macro impacts and among the first to recover.”
Citi also highlighted its potential for growth from the adoption of artificial intelligence tools like Google’s AI Mode in Search, as well as the latest iteration of the company’s Gemini large language 🐎model.
Morgan Stanley also♊ cited “AI-driven platform-level innovation” on Search and YouTube as a reason for “confidence in the durability of long term growth.” Citi and Morgan Stan🐷ley gave Alphabet price targets of $195 and $185, respectively.
Of the 19 analysts covering A🅘lphabet tracked by Visible Alpha, 14 have “buy” or equivalent ratings for the stock, with the rest issuing “hold” ratings. Their consensus price target near $1𝕴94.
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Shares of Alphabet were up 2% at around $161 in eꦅarly-afternoon trading Thursday. The stock has fallen ab♚out 16% since the start of 2025.
During the company's earnings call, Alphabet could face questions from analysts about a 澳洲幸运5开奖号码历史查询:U.S. District Court ruling that Google has illegally maintained monopol🤪ies in the online advertising industry. Citi analysts said they “wouldn’t be surprised to see Google ultimately spin off its ad network,” as a result of the ruling, but that Google’s core business🦩es would likely not be as impacted.4
Alphabet is expected to report fiscal first-quarter revenue of $89.16 billion, up about 11% year-over-year, and net income of $24.68 billion, or $2 per share, up from $23.66 billion, or $1.89 per share, a year ago.
Hasbro Jumps on Strong Earnings, Disney Licensing Extension
Hasbro (HAS) shares surged Thursday after the toy maker posted better-than-expected results for the first quarter and agreed to extend a licensing deal with Disney (DIS).
The toy and board game giant reported adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.04 on revenue that jumped 17% year-over-year to $887.1 million, topping analysts' estimates compiled by Visible Alpha.
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John Nacion / Getty Images for Paramount Pictures
CEO Chris Cocks said the company's new "Playing to Win" strategy that it 澳洲幸运5开奖号码历史查询:unveiled last quarter, with plans to generate consistent revenue growth through 2027, is "deliveri♓ng in a challenging environment" so far this year.
"Given the uncertainty of the current tariff environment," Hasbro said it is not yet changing the full-year forecasts it announced in February. At the time, Hasbro said it expected "slight" revenue growth in 2025, with adjusted EBITDA forecast between $1.1 billion and ℱ$1.15 billion.
Separately Thursday, Hasbro said it agreed to extend its long-running licensing deal with Disneyꦚ, allowing the toy company to continue making toys and games tied to Di🐬sney franchises like Marvel and Star Wars.
Hasbro shares were up 16% in recent trading, putting the stock ba🙈ck into positive territory for 2025𒈔.
Intel's New CEO Makes His Earnings Debut Today
Lip-Bu Tan, the microphone is yours.
Tan, 澳洲幸运5开奖号码历史查询:named CEO of chipmaker Intel (INTC) in mid-March, hasn’t been invisible since his appointment. He ๊gave the keynote address at a company eveཧnt later that month, coming onstage in sneakers and a suit, sans necktie, and admitting in a speech that “there are areas we have fallen short of your expectations.”
Still, this afternoon will bring the first quarterly earnings report and conference call under his leadership. Investors—who bid the stock up after he was named, but have seen the shares give up most of those gains—are eager to learn what might be next. (澳洲幸运5开奖号码历史查询:A rough 2024 for the company and its stock contributed to 澳洲幸运5开奖号码历史查询:the December retirement of the former chief, Pat Gelsinger.)
That will put the focus on Tan's next steps. Investors have been broadly excited about the possibility of deals for Intel—a while ago, there were even rumblings regarding a possible sale 澳洲幸运5开奖号码历史查询:of the company itself—but there has been comparatively little smoke on that fron💞t in recent weeks.
Still, there has been news to digest. The company recently said it would 澳洲幸运5开奖号码历史查询:sell a 51% stake in its Altera programmable chips unit to tech-focused private equity firm Silver Lake. And reports have described a possible 澳洲幸运5开奖号码历史查询:chipmaking joint venture with Taiwan Semiconductor Manufacturing Co. (TSM), though TSMC threw some cold water ▨on the idea last week.
"TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology transfer and sharing," CEO C.C. Wei said on a conference call, a transcript of which was made available by AlphaSense.
For the most recently completed quarter, Wall Street analysts expect Intel to report revenue of $1🦂2.3 billion and adjusted net income of $41.6 million, according to the mean compiled by Visible Alpha.
Wall Street may re-rate the stock after today’s report, but for now the watchword seems to be caution. All the analysts following the company and tracked by Visible Alpha have neutral ratings, though their mean target just under $23 represents a roughly 10% premium to Wednesday's close at $20.59. The stock was up about 3% in recent trading ahead of the report.
IBM Warns Economic Conditions May Slow Spending
IBM (IBM) shares slumped Thursday, a day after the tech giant's chief executive warned macroeconomic conditions and government policies cou🏅ld cause customers to pull back spending.
In prepared remarks accompanying first-quarter results released late Wednesday, CEO Arvind Krishna said that "in the near term, uncertainty may cause clients to pause and take a wait-and-see approach."
Krishna said that in conversations with clients about the current economic environment, he found some expected growth ahead, but for those "with a more direct impact from current policy, the slowdown may be more pronounced." Krishna added that "consulting is also more susceptible to discretionary pullbacks and DOGE related initiatives," referring to the Department of Government Efficiency moves to cut government spending.
The comments offset a strong quarterly report. IBM posted an adjusted profit of $1.60 per share, $0.20 more than the average of analysts surveyed by Visible Alpha. Revenue💞 rose 0.5% year-over-year to $14.54 billion, also ahead of forecasts.
The performance was driven by software sales, which increased 7% to $6.34 billion. However, sales declined more than 2% to $5.07 billion at its consulting unit, and 🦋fell 6% to $2.89 billion at the infrastructure division.
IBM affirmed its full-year constant currency revenue forecast of at least 5% growth, with Krishna noting that the firm has "not seen a material change in client buying behavior." It also predicted current-quarter revenue would be in the range of $16.40 billion and $16.75 billion, ahead of Visible Alpha estimates.
IBM shares were down 6% recenetly, trimming the stock's year-to-date decline to about 5%.
P&G Lowers Full-Year Sales, Profit Projections
Shares of Procter & Gamble (PG) fell Thursday morning 🧜after the consumer goods giant's fiscal third-quarter sales came in below analysts' estimates and it cut its full-year outlook.
The parent of Tide laundry detergent, Bounty paper towels, and dozens of other brands reported core, or adjusted, 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.54 on sales of $19.78 billion. Analysts polled by Visible Alpha had foreca𒆙st $1.53 and $20.20 billion, respectively.
Net sales declined in P&G's Beauty, Grooming, Fabric & Home Care, and Baby, Feminine & Family Care segments, while they were flat in the Health Care division.
P&G trimmed its full-year outlook, with sales expected to be "approximately in-line" year-over-year, while core EPS is expected to grow 2% to 4%. 澳洲幸运5开奖号码历史查询:Last quarter, the company affirmed its fiscal 2025 guidance✅ of 2% to 4% sales growth and core EPS increasing by 6% to a midpoint of $6.98.
"We're making appropriate adjustments to our near-term outlook to reflect underlying market conditions while remaining confident in the longer-term growth prospects for our brands and the markets where we compete," CEO Jon Moeller said.
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Shares of P&G, a Dow component, were down more 4% in recen✤t trading. They entere🦂d the day down just over 1% since the start of the year.
Southwest Stock Falls as It Pulls Outlook, Cuts Capacity
Shares of Southwest Airlines (LUV) fell in premarket trading Thursday, a day after the carrier withdrew full-year earnings projections and said it was reducing capacity amid "macroeconomic 🥀uncertainty."
The Dallas-based airline late Wednesday reported an adjusted los🌞s of $0.13 per share on revenue of $6.43 billion. Analysts polled by Visible Alpha expected an adjusted ✨loss of $0.18 per share on revenue of $6.39 billion.
Although its Q1 results were stronger than anticipated, the carrier said due to "the current macroeconomic uncertainty, it is difficult to forecast given recent and short-lived booking trends," and that it is withdrawing its 澳洲幸运5开💙奖号码历史查询:earnings before interest and taxes (EBIT) outlooks for this year and next.
The report comes amid great change for the airline. Last month, Southwest said it would introduce 澳洲幸运5开奖号码历史查询:baggage fees and a basic economy ticket option amid pressure from 澳洲幸运5开奖号码历史查询:activist investor Elliott Investment Management. It previously 澳洲幸运5开奖号码历史查询:announced an end to its famed open seating policy last summer. Many changes are set to go into effect 澳洲幸运5开奖号码历史查询:late next month.
"Looking ahead, we are confident in the initiatives we have outlined and the value we expect them to produce. We are committed to executing on these plans while controlling what we can control," CEO Bob Jordan said. "To that end, we are reducing capacity in the second half of this year. These incremental schedule adjustments are in progress, and based on current estimates, we now expect our full year 2025 capacity to be up roughly 1%, year-over-year."
Southwest Airlines shares, which entered the day down nearly 25% this ye𝓀ar, declined 4% ahead of the openi💜ng bell.
Watch These ServiceNow Levels as Stock Pops on Earnings
ServiceNow (NOW) shares surged in premarket trading after the enterprise software provider late Wednesday posted better-than-expected quarterly results and issued a subscription revenue outlook that surpassed Wall S🥂treet expectations.♐
Through Wednesday’s close, ServiceNow shares had lost nearly a quarter of their vꦦalue since the start of the year, weighed down in part by concerns that the company’s revenue could take a hit from the Trump administration’s efforts t🉐o rein in government spending.
The 澳洲幸运5开奖号码历史查询:uncertainty surrounding Tru𒀰mp's plans for tarif♛fs is also a concern for businesses, but ServiceNow CFO Gina Mastantuono said she's “very confident" in the company's "ability to navigate these rapidly evolving times,” Barron's repo♒rted. She added that demand signals from business leaders remain strong.
Since completing a 澳洲幸运5开奖号码历史查询:double top in late January, ServiceNow shares trended lower within a 澳洲幸运5开奖号码历史查询:descending channel for several months before breaking out above the pattern’s upper trendline on Wednesday, setting the stage for a bullish trend reversal.
Importantly, the 澳洲幸运5开奖号码历史查询:relative strength index (RSI) confirms bullish momentum, though the indicator remains well below 澳洲幸运5开奖号码历史查询:overbought&nbsꦿp;levels, giving the stock ample room to c🥀limb.
Investors should watch crucial overhead areas on ServiceNow's chart around $900, $1,000, and $1,160, while also eyeing an important support level near $807.
ServiceNow sha𝓡res were up 9% at $887 in recent premarket trading.
Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.
Major Stock Indexes Down Slightly
Futures tied to the �𓆉�Dow Jones Industrial Average were down 0.5%.
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S&P 500 futures slipped 0.3%.
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Nasdaq 100 futures were off 0.1%.
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