Featured Author, Invest 101

US stock markets – May 2 2025

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Notables

Notable Earnings Today: Exxon Mobil (NYSE: XOM), fuboTV (NYSE: FUBO), Chevron (NYSE: CVX), The Cigna Group (NYSE: CI), Wendy’s (Nasdaq: WEN), Franklin Resources (NYSE: BEN), AES (NYSE: AES), Magna (NYSE: MGA), Cinemark (NYSE: CNK), Apollo (NYSE: APO), Atmus Filtration Technologies (NYSE: ATMU), BrightSpring Health Services (Nasdaq: BTSG), Brookfield (NYSE: BEP), Cboe Global Markets (BATS: CBOE), Criteo (Nasdaq: CRTO), DuPont (NYSE: DD), Fluor (NYSE: FLR), Fulgent Genetics (Nasdaq: FLGT), Interface (Nasdaq: TILE), Protolabs (NYSE: PRLB), T. Rowe Price (Nasdaq: TRWO), Terex (NYSE: TEX),  Westlake (NYSE: WLK), WisdomTree (NYSE: WT), Xenia Hotels (NYSE: XHR).
Notable IPOs Today: Cantor Equity Partners II, Inc. Class A Ordinary Share (Nasdaq: CEPT), Winchester Bancorp, Inc. Common Stock (Nasdaq: WSBK), Smart Digital Group Limited Ordinary Shares (Nasdaq: SDM).
Notable Equity Crowdfunding Campaigns Ending Today: Standing Wave Coffee Roaster (Honeycomb).
Notable Economic Events Today: Unemployment Rate (8:30 a.m. ET), Nonfarm Payrolls (8:30 a.m. ET), Average Hourly Earnings (8:30 a.m. ET), Labor Force Participation Rate (8:30 a.m. ET), Factory Orders (10:00 a.m. ET).

Trends to Watch

Gold and Bitcoin Link: Gold Continues Correcting and That Might Be Good for Bitcoin (CoinDesk)
Upvote: Reddit reports strong sales and issues optimistic guidance (CNBC)
Bad Travels: Airbnb Revenue Rises, but Sees Bookings- Growth Slowdown in Second Quarter (Wall Street Journal)
Insta-Good: Instacart Gives Rosy Outlook After Best Order Growth Since 2022 (Bloomberg)
Improvement: Ethereum to simplify crosschain transactions with new token standards (Cointelegraph)