Analytics, News, and Forecasts for CFD Markets: stock news — 30-04-2020.

U.S. stock-index futures fell on Thursday, as stunning jobless claims data overshadowed upbeat earnings from major tech companies.

Global Stocks:

(company / ticker / price / change ($/%) / volume)

Microsoft (MSFT) target raised to $200 from $192 at Griffin Securities

Facebook (FB) upgraded to Hold from Sell at Pivotal Research Group; target raised to $225

Int'l Paper (IP) reported Q1 FY 2020 earnings of $0.57 per share (versus $1.11 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.42 per share.

The company's quarterly revenues amounted to $5.352 bln (-5.2% y/y), roughly in line with analysts' consensus estimate of $5.315 bln.

IP closed Wednesday's trading session at $36.52 (+2.15%).

Altria (MO) reported Q1 FY 2020 earnings of $1.09 per share (versus $0.90 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.99 per share.

The company's quarterly revenues amounted to $4.328 bln (+16.0% y/y), missing analysts' consensus estimate of $4.514 bln.

Altria withdrew its FY 2020 guidance due to the uncertainties related to the impact of the COVID-19 pandemic and economic recovery scenarios.

MO rose to $41.54 (+2.64%) in pre-market trading.

McDonald's (MCD) reported Q1 FY 2020 earnings of $1.47 per share (versus $1.78 per share in Q1 FY 2019), missing analysts' consensus estimate of $1.55 per share.

The company's quarterly revenues amounted to $4.714 bln (-6.2% y/y), beating analysts' consensus estimate of $4.662 bln.

MCD fell to $187.00 (-0.44%) in pre-market trading.

Twitter (TWTR) reported Q1 FY 2020 loss of $0.01 per share (versus earnings of $0.37 per share in Q1 FY 2019), worse than analysts' consensus estimate of earnings of $0.11 per share.

The company's quarterly revenues amounted to $0.808 bln (+2.6% y/y), beating analysts' consensus estimate of $0.773 bln.

TWTR rose to $34.13 (+9.78%) in pre-market trading.

Dow (DOW) reported Q1 FY 2020 earnings of $0.59 per share, beating analysts' consensus estimate of $0.58 per share.

The company's quarterly revenues amounted to $9.770 bln (%-11.3 y/y), roughly in line with analysts' consensus estimate of $9.687 bln.

DOW closed Wednesday's trading session at $37.47 (+4.46%).

Tesla (TSLA) reported Q1 FY 2020 earnings of $1.24 per share (versus -$2.90 per share in Q1 FY 2019), better than analysts' consensus estimate of -$0.21 per share.

The company's quarterly revenues amounted to $5.985 bln (+31.8% y/y), beating analysts' consensus estimate of $5.853 bln.

The company also noted that its near-term guidance of net income and free cash flow would likely be inaccurate due to the wide range of potential outcomes. It promised to again revisit its FY 2020 guidance in Q2 update.

TSLA rose to $869.25 (+8.59%) in pre-market trading.

Microsoft (MSFT) reported Q1 FY 2020 earnings of $1.40 per share (versus $1.14 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.25 per share.

The company's quarterly revenues amounted to $35.021 bln (+14.6% y/y), beating analysts' consensus estimate of $33.699 bln.

The company also issued in-line guidance for Q2 FY 2020, projecting revenue of $35.85-36.80 bln versus analysts' consensus estimate of $36.40 bln.

MSFT rose to $182.00 (+2.58%) in pre-market trading.

Facebook (FB) reported Q1 FY 2020 earnings of $1.71 per share (versus $1.89 per share in Q1 FY 2019), in line with analysts' consensus estimate.

The company's quarterly revenues amounted to $17.737 bln (+17.6% y/y), beating analysts' consensus estimate of $17.251 bln.

The company's DAUs were 1.73 billion on average for March 2020, a gain of 11% y/y, while its MAUs were 2.60 billion as of March 31, 2020, an advance of 10% y/y.

Facebook did not provide specific revenue guidance due to the uncertainties revolving around COVID-19 and its economic impact. However, the company noted that it had seen signs of stability during the first three weeks of April, where revenue had been approximately flat y/y, down from the 17% y/y growth in Q1 FY 2020.

FB rose to $212.60 (+9.48%) in pre-market trading.