Key dishes to remember
- The S&P 500 increased by 0.6% on Thursday, May 1, guaranteeing its eighth consecutive victory session as solid results from Microsoft and Meta helped increase technological actions.
- Microsoft’s actions jumped after the software giant exceeded quarterly forecasts, praising the strength of its cloud computing and AI companies.
- The actions of the pharmaceutical firm Eli Lilly and the manufacturer of Qualcomm chips stumbled after the two companies provided advice in a dull way.
The main indices of American actions pushed higher Thursday after solid quarterly profits reports of the Microsoft (MSFT) and Facebook Parent Meta Platforms (META) software giant has helped to mitigate certain concerns about the possible impact of prices on large technological companies.
The S&P 500 jumped 0.6%, extending its sequence of victories with eight consecutive negotiation sessions. The DOW added 0.2%, while a good day for the technological sector contributed to lifting the Nasdaq 1.5%.
The actions of the carrier of the heating, ventilation and air conditioning company (CVC) Global (CARR) climbed by 11.6% to record the first performance of the S&P 500 on Thursday. The gains followed a solid quarterly report which saw the estimates of the sales and profits of the carriers while increasing its annual prospects.
Quanta Services (PWR) shares jumped 9.9% after the supplier of electrical and public procurement services also displayed higher and lower results better than expected for the first quarter of 2025. Quanta praised an improvement in profitability in its electrical infrastructure solutions and underground solutions and infrastructure, which indicated the company.
Microsoft’s sales and profits for its third tax quarter have also exceeded analysts’ forecasts, and the actions of the technological giant increased by 7.6%. The company highlighted the dynamic growth of its intelligent cloud segment, which houses its cloud computing Azure company. The company’s financial director (CFO) also discussed the promising trajectory for the demand for artificial intelligence (AI) and confirmed Microsoft’s plans for $ 80 billion in infrastructure expenses throughout the 2025.
The manufacturer of medical devices Becton Dickinson (BDX) has reduced its annual profits forecasts, citing the potential impact of the prices imposed by the Trump administration. Its shares plunged 18.1%, losing most of all S&P 500 actions. As a result of the reduction in directives, analysts from various research companies degraded Becton Dickinson Stock, invoking inconsistencies in the execution of the company and a lack of confidence in its ability to stimulate growth.
Eli Lilly (Lly) has exceeded the estimates of sales and benefits with its first quarter results, drawn by high sales of its GLP-1 and diabetes weight loss treatments. However, the pharmaceutical giant has also reduced its full -year profits directives, reflecting a charge linked to its acquisition of cancer treatment. Eli Lilly’s shares fell 11.6% on Thursday.
Disappointing guidelines also weighed on the actions of the Qualcomm semiconductor giant (QCOM), which flowed 9.0%. While the flea manufacturer has exceeded the estimates of sales and profits for his second tax quarter, his sales forecasts for the current quarter were lower than expectations. The company has minimized the potential impact of prices.
