latest updates
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16:42
European Equities Close Higher
FTSE 100: +1.15%
DAX: +1.35%
CAC 40: +0.98%
Stoxx 50: +1.14%
IBEX 35: +0.37%
16:25
Top AT US Stock Stories
Teladoc Health Stock Down 40% On -$41.58 EPS Loss, How Bad Is This?
Will Rivian (RIVN) Be A Big Winner If People Are Jumping From Tesla?
McDonalds (MCD) Q1 Earnings Beat, Despite Heavy Russia Impact
Merck (MRK) Gains After Q1 Growth Fueled By Oral Antiviral Treatment
14:33
US Equities Open Higher
Dow +0.60%
S&P 500 +1.31%
Nasdaq +1.82%
13:52
US Premarket
European stocks are still trading positively.
US indices futures are also up heading into the US open, with the Dow at +0.57%, the S&P 500 at +1.05%, and the Nasdaq at +1.3%.
Teladoc plunged premarket after reporting its first-quarter results after the close Wednesday. The company reported EPS of -$41.58 per share.
Meta, the parent company of Facebook has jumped 14% premarket after it reported better than expected earnings.
McDonald’s has gained 1.3% premarket after Q1 revenue beat expectations.
13:49
US GDP
U.S GDP QoQ Q1 Actual came in at -1.4% VS 6.9% previously. The estimated was 1.0%
10:31
Greatland Gold
Greatland Gold (LON: GGP) shares are largely unmoved on an update to the Havieron project.
10:20
Cloudbreak Discovery
Cloudbreal Discovery (LON: CDL) shares are up 8% this morning on the announcement of the Foggy Mountain Project. This is a potential gold, silver, and copper project in British Columbia
08:45
Price Target Changes
Here are the price target changes made Wednesday…
Jupiter Fund’s price target reduced to 180p from 210p at Barclays
IWG price target decreased to 300p from 330p at Barclays
Coca-Cola HBC price target raised to 1,900p from 1,800p at Barclays
Associated British Foods price target lowered to 2,300p at Barclays
HSBC price target reduced to 515p from 530p at Credit Suisse
Aveva price target cut to 1,630p from 2,000p at Jefferies
Taylor Wimpey’s price target trimmed to 180p from 190p at JPMorgan
Hochschild Mining’s price target lowered to 205p from 210p at JPMorgan
Associated British Foods price target reduced to 1,940p at JPMorgan
Hiscox’s price target increased to 870p from 850p at JPMorgan
Beazley’s price target boosted to 650p from 615p at JPMorgan
South32 price target trimmed to 325p from 340p at UBS
Lancashire price target trimmed to 678p from 752p at UBS
CRH price target raised to 4,425p from 4,330p at UBS
08:19
European Equities Higher
FTSE 100: +0.66%
DAX: +1.26%
CAC 40: +1.39%
Stoxx 50: +1.27%
IBEX 35: +0.16%
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