Futures mixed, Apple earnings boost Nasdaq, April ADP numbers above expectations

Wed, May 2, 2018, 9:13 AM

In this article:

Yahoo Finance’s Alexis Christoforous, Jared Blikre, Dion Rabouin, Ethan Wolff-Mann and Melody Hahm discuss the big stories of the day. Baked by Melissa president Melissa Ben-Ishay also joins the show to discuss her partnership with Make-a-Wish.

Today’s Topics

Trump advisors visiting China over trade dispute
Trump trade chief wants NAFTA deal set within two weeks
Fed meeting
Apr ADP Payrolls: 204K vs. 198K expected
CVS, Mastercard, KFC earnings
Tesla set to announce earnings after close, big loss expected
Amazon to offer Prime members new Whole Foods perks
Amazon makes bid to buy stake in India’s Flipkart
Students set to walk out in support of 2nd amendment
Hobby Lobby returning smuggled artifacts to Iraq
United Airlines pet policy update bans some breeds from flying, allows others in cargo hold
Estee Lauder beats on Q1 earnings, net sales
Molson Coors misses big on adj. EPS, net income
Facebook launching dating service
Icahn, Deason oust Xerox CEO, 6 other board members
Verizon signs deal to put apps on Samsung devices
Baked by Melissa partners with Make-a-Wish for fundraiser

Here's Exactly When Social Security Recipients Can Expect Benefit Cuts, According to the Latest Trustees Report
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How Much Cash Can A $300,000 Annuity Generate For Me Each Month?
Imagine having a reliable source of income you can count on throughout your retirement. That’s the promise of an annuity. These insurance products have been designed to turn your savings into a steady stream of monthly payments. They guarantee peace of mind and financial security in your golden years. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. An
Benzinga
Can You Guess What Percentage Of A High-Net-Worth Individual's Portfolio Is Typically Held In Retirement Accounts?
High net worth individuals (HNWIs) are those who have at least $1 million in easily convertible assets like cash, stocks, and bonds. They often manage significant wealth across diverse portfolios. As per Empower’s financial dashboard, retirement accounts such as 401(k) plans and IRAs comprise 55% of total wealth for many HNWIs. This is a stark contrast to the median household. Pew Research Center reports that these accounts typically represent only 27% of the net worth of households where at lea
Benzinga
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The popular growth investor added to these three existing positions on Tuesday.
Motley Fool
What's in the Cards for Medical Properties (MPW) in Q1 Earnings?
While Medical Properties' (MPW) Q1 earnings are likely to have benefited from the favorable healthcare industry trends, the high interest rate environment may have hurt it.
Zacks
Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Fortune
3 Ridiculously Undervalued Stocks to Buy Hand Over Fist Right Now in May
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Motley Fool
Second Death - Pfizer Reports Young Boy's Death After One Year Of Gene Therapy Treatment In Muscle Wasting Disorder Trial
A young patient died due to cardiac arrest after receiving Pfizer Inc’s (NYSE:PFE) experimental gene therapy in a mid-stage trial for Duchenne muscular dystrophy (DMD), the company told in a letter to Parent Project Muscular Dystrophy. The boy was enrolled in Phase 2 DAYLIGHT study studying the treatment in boys at least two years old and under four years old. The patient received the investigational gene therapy, fordadistrogene movaparvovec (PF-06939926), in early 2023. Citing Pfizer, Reuters
Benzinga
Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
You won't believe the amount of money that the bottler intends to return to shareholders.
Motley Fool
Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has described lidar sensors as a “crutch” for autonomous vehicles. Yet Tesla has become the largest customer of lidar manufacturer Luminar Technologies, Inc. (NASDAQ:LAZR). As disclosed in Luminar’s earnings report on Tuesday, in the first quarter of 2024, Tesla contributed over 10% of Luminar’s revenue, totaling more than $2 million. Luminar’s revenue decreased 5% from the fourth quarter of 2023, primarily due to reduced sensor sales to non-automotive cust
Benzinga

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Futures mixed, Apple earnings boost Nasdaq, April ADP numbers above expectations

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