5 things to know before the stock market opens Monday
Publishing timestamp: 2023-05-01 07:14:16
Summary
First Republic has become the third prominent US bank to fail in the past two months, with JPMorgan Chase emerging as the buyer. The US commercial property market is headed for some rough times, according to Berkshire Hathaway's Charlie Munger. Meanwhile, the earnings season is halfway over, and so far it's been fairly positive, with nearly 80% of companies that have already reported posting profits that topped Wall Street's expectations.
Sentiment: NEUTRAL
Tickers: QCOM, SBUX, UBER, AAPL, QSR-CA, PARA, PFE, F, MRNA, FRC, BRK.B, CVS, AMD, WBD, YUM, JPM, BRK.A, QSR,
Keywords: berkshire hathaway inc, business news, paramount global, moderna inc, economy, apple inc, qualcomm inc, uber technologies inc, starbucks corp, warner bros discovery inc, restaurant brands international inc, investment strategy, markets, yum! brands inc, cvs health corp, ford motor co, business, pfizer inc, jpmorgan chase & co, advanced micro devices inc, first republic bank,
Source: https://www.cnbc.com/2023/05/01/5-things-to-know-before-the-stock-market-opens-monday-may-1.html