News Highlights: Top Company News of the Day - Friday at 1 AM ET

Dow Jones
02 May
 
Apple Says Most of Its Devices Shipped Into U.S. Will Be From India, Vietnam 
 

The iPhone maker sought to ease investors' tariff fears after reporting a 5% increase in the company's quarterly sales.

 
Amazon Shares Drop on Tariff Concerns Despite Strong Quarter 
 

The tech giant reported strong quarterly earnings that weren't affected by new tariffs on Chinese imports, but the looming levies dimmed the company's outlook.

 
Standard Chartered's Quarterly Profit Rises; Maintains Guidance 
 

The London-based bank said Friday that net profit increased 11% from a year earlier to $1.36 billion for the three months ended March.

 
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion 
 

Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Friday.

 
Airbnb Revenue Rises, but Sees Bookings-Growth Slowdown in Second Quarter 
 

The online marketplace for short-term rentals had higher nights stayed in the first quarter, but a slight decrease in the average daily rate.

 
Middle-Income Consumers Feel Pinched. That's Bad for Some of America's Best Known Brands. 
 

Sales of candy, motorcycles and even Big Macs slump; 'People are just being more judicious.'

 
Chevron's Buyback Strategy at Center Stage as It Prepares to Report Earnings 
 

Analysts expect Chevron to report $2.16 of earnings per share, down from $2.93 a year ago.

 
Exxon Growth Strategy Will Be Tested as It Reports Earnings 
 

An oil downturn that has taken the price of crude to its lowest level in about four years.

 
Cigna's Earnings Are About to Land. It's Been a Wild Run for Health Insurers. 
 

Investors will be looking to see whether the company goes the way of UnitedHealth Group on the one hand, or CVS Health on the other.

 
Live Nation Says It Is on Track for Record Summer Concert Season 
 

Its first-quarter revenue beat expectations, and the company says it has sold 95 million tickets so far this year.

 
 

(END) Dow Jones Newswires

May 02, 2025 01:00 ET (05:00 GMT)

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