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This Is the Special Lesson Warren Buffett Gave New Stock Investors at His Annual Meeting
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Berkshire Hathaway s Annual Meeting Live Updates: Follow Warren Buffett s Best Comments Here
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By Thomas Franck, CNBC •
Updated on April 30, 2021 at 12:38 pm
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Check out the companies making headlines in midday trading.
Amazon The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to $108 billion. The results blew past expectations with the company earning $15.79 per share vs. the consensus estimate of $9.54. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
Twitter The social media company s shares plunged 13% in midday trading after its user growth results and second-quarter revenue guidance fell short of analysts forecasts. Twitter s EPS and revenue topped expectations.
By Jesse Pound, CNBC •
Updated on April 28, 2021 at 4:14 pm
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Spotify The streaming audio stock fell more than 12% after the company s monthly active users for the first quarter disappointed investors. Spotify also cut its full year guidance for the metric. The company did report a smaller-than-expected loss for the first three months of the year.
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Shopify Shares of the e-commerce company popped 11.4% after Shopify reported adjusted earnings per share that were close to triple what analysts had projected. The company reported $2.01 in adjusted earnings per share on $989 million in revenue. Analysts surveyed by Refinitiv were expecting 74 cents per share and $865 million in revenue.
The 92 films to win Best Picture at the Oscars, from Wings to Parasite
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