Coca-Cola Beats Estimates; OpenAI-Linked Stocks Slump; GM Boosts Profit Outlook
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Coca-Cola (KO) reported comparable earnings per share for the first quarter that beat the average analyst estimate.
- Shares in OpenAI partners such as SoftBank Group Corp. and Oracle Corp. are falling after the Wall Street Journal reported that the AI startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings.
- General Motors (GM) raised its profit outlook for the year by $500 million, saying its pickups and sport utility vehicles continue to sell even as gasoline prices soar due to the war in Iran.
See omnystudio.com/listener for privacy information.
More description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Coca-Cola (KO) reported comparable earnings per share for the first quarter that beat the average analyst estimate.
- Shares in OpenAI partners such as SoftBank Group Corp. and Oracle Corp. are falling after the Wall Street Journal reported that the AI startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings.
- General Motors (GM) raised its profit outlook for the year by $500 million, saying its pickups and sport utility vehicles continue to sell even as gasoline prices soar due to the war in Iran.
See omnystudio.com/listener for privacy information.
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