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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Company News for May 1, 2023

Zacks Equity Research
·1 min read

  • Shares of Amazon.com, Inc. AMZN decreased 4% despite posting strong earnings results as it said that its cloud computing business growth would further slow down.

  • Shares of Aon plc AON fell 2.3% after reporting first-quarter 2023 adjusted earnings of $5.17 per share, missing the Zacks Consensus Estimate of $5.29 per share.

  • BP plc’s BP shares gained 2.4% on the energy sector doing well.

  • Shares of LyondellBasell Industries N.V. LYB rose 3.6% after reporting first-quarter 2023 adjusted earnings of $2.50 per share, widely surpassing the Zacks Consensus Estimate of $1.80.

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LyondellBasell Industries N.V. (LYB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research