Today is Thursday, May 1, 2025.

The Early Bird Index today is 70.14

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Meta's Earnings Are a Huge Deal

Facebook parent Meta Platforms $META ( ▼ 0.98% ) showed its strength on Wednesday, posting good financial earnings results. The stock jumped 5.36% in after-hours trading.

Financials: Meta reported earnings of $6.43 per share and revenue of $42.31 billion in the past quarter. Both were better than expected.

Early Bird’s Nest Egg Gains: Meta's earnings results were a huge deal. Revenue increased thanks to growth from the advertising business, which expanded the company’s operating margin to 41%. The company also signaled its long-term commitment to building data centers and AI infrastructure.

Final Thoughts: The results helped reverse negative sentiment from Meta’s stock falling in 2025.

Notables

Notable Earnings Today: Apple (Nasdaq: AAPL), Amazon.com (Nasdaq: AMZN), Eli Lilly (NYSE: LLY), Airbnb (Nasdaq: ABNB), Roku (Nasdaq: ROKU), Block (NYSE: XYZ), Roblox (NYSE: RBLX), CVS Health (NYSE: CVS), Reddit (NYSE: RDDT), Mastercard (NYSE: MA), Sirius XM (Nasdaq: SIRI), McDonald's (NYSE: MCD), Instacart (Nasdaq: CART), Shake Shack (NYSE: SHAK), Moderna (Nasdaq: MRNA), Hyatt Hotels (NYSE: H), Live Nation (NYSE: LYV), Atlassian (Nasdaq: TEAM), Five9 (Nasdaq: FIVN), Estee Lauder (NYSE: EL), Harley-Davidson (NYSE: HOG), GoDaddy (NYSE: GDDY), Hershey Foods (NYSE: HSY), MicroStrategy (Nasdaq: MSTR), Wayfair (NYSE: W), Twilio (NYSE: TWLO), U.S. Steel (NYSE: X), BigBear.ai (NYSE: BBAI), Riot Platforms (Nasdaq: RIOT), Baxter (NYSE: BAX), Builders FirstSource (NYSE: BLDR), American International Group (NYSE: AIG), Frontier Group Holdings (Nasdaq: ULCC), Arthur J. Gallagher (NYSE: AJG), A10 Networks (NYSE: ATEN), Alignment Healthcare (Nasdaq: ALHC), Alkermes (Nasdaq: ALKS), Alnylam Pharmaceuticals (Nasdaq: ALNY), Amgen (Nasdaq: AMGN), Arrow Electronics (NYSE: ARW), ATI Inc. (NYSE: ATI), Belden (NYSE: BDC), BJ Restaurants (Nasdaq: BJRI) Biogen (Nasdaq: BIIB), Cameco (NYSE: CCJ), Canadian National Railway (NYSE: CNI), Cardinal Health (NYSE: CAH), Church & Dwight (NYSE: CHD), Cullen/Frost (NYSE: CFR), Dexcom (Nasdaq: DXCM), DigitalBridge (NYSE: DBRG), Dolby Labs (NYSE: DLB), Dominion Energy (NYSE: D), Envista (NYSE: NVST), Exponent (Nasdaq: EXPO), Floor & Decor (NYSE: FND), Fortive (NYSE: FTV), Grainger (NYSE: GWW), Hercules Capital (NYSE: HTGC), Hilton Grand Vacations (NYSE: HGV), Hologic (Nasdaq: HOLX), Hubbell (NYSE: HUBB), KKR (NYSE: KKR), Laureate Education (Nasdaq: LAUR), Monolithic Power (Nasdaq: MPWR), Motorola Solutions (NYSE: MSI), OSI Systems (Nasdaq: OSIS), Pinnacle West (NYSE: PNW), Scorpio Tankers (NYSE: STNG), SM Energy (NYSE: SM) Southern (NYSE: SO), Stryker (NYSE: SYK), Teleflex (NYSE: TFX), Utz Brands (NYSE: UTZ), Walker & Dunlop (NYSE: WD), Wesco (NYSE: WCC), Workiva (NYSE: WK).

Notable IPOs Today: Copley Acquisition Corp (NYSE: COPL), Liminatus Pharma, Inc. Class A Common Stock (Nasdaq: LIMN), Republic Digital Acquisition Company Unit (Nasdaq: RDAGU).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), S&P Global Manufacturing PMI (9:45 a.m. ET), ISM Manufacturing PMI /  Prices / Employment (10:00 a.m. ET), Construction Spending (10:00 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

Microsoft's Cloud Revenue Boom 

Microsoft $MSFT ( ▲ 0.31% ) jumped 6.93% in after-hours trading on Wednesday after the company reported better-than-expected financial earnings results.

Financials: Microsoft reported earnings of $3.46 per share and revenue of $70.1 billion in the past quarter. Both were better than expected.

Final Thoughts: The company’s AI and cloud businesses were strong in the quarter, with cloud revenue jumping 20%.

Qualcomm’s Weak Forecast

Despite posting better-than-expected financial earnings results on Wednesday, Qualcomm $QCOM ( ▲ 1.08% ) fell 5.69% in after-hours trading.

Financials: Qualcomm reported earnings of $2.85 per share and revenue of $11 billion in the past quarter. Both were better than expected.

Final Thoughts: The problem with Qualcomm is that its revenue outlook for the current quarter was lower than expected.

Trends to Watch

Still Fighting: Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K (Cointelegraph)

Future Plans: Robinhood CEO says firm is diversifying away from volatile crypto revenue even as Q1 earnings beat expectations (Fortune)

Tariff Pain: China-to-U.S. Container Shipments Shrink as Tariffs Bite (Wall Street Journal)

Getting Smaller: U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses (CNBC)

Ambitious Goals: Vitalik Buterin outlines bold Ethereum goals for 2025 as user engagement peaks (CryptoSlate)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}