Fidelity MSCI Consumer Discretionary Index ETF (ARCA: FDIS)

Últimas noticias sobre Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS)

Fidelity MSCI Consumer Discretionary Index ETF

Consumer Cyclical

Technology

Consumer Defensive

Communication Services

Industrials

Energy

Healthcare

Other

Financial Services

The fund invests at least 80% of assets in securities included in the funds underlying index. The funds underlying index is the MSCI USA IMI Consumer Discretionary 25/50 Index, which represents the performance of the consumer discretionary sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Discretionary 25/50 Index. The fund is non-diversified.

Amazon.Com Inc

Tesla Inc

The Home Depot Inc

Mcdonald'S Corp

Booking Holdings Inc

Lowe'S Companies Inc

Nike Inc Class B

Starbucks Corp

Chipotle Mexican Grill, Inc

Mercadolibre Inc

Equities

Large Cap

News

Tech

AMZN

FDIS

ONLN

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Amazon AWS invierte más de $5000M en Tailandia

McDonald's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) is kicking off 2025 with a warning about a growing divide among U.S. consumers, noting a clear split along income lines.
What Happened: During its <a href="https://www.benzinga.com/25/05/45135213/mcdonalds-q1-revenue-decline-34-as-war-in-the-middle-east-bites-stock-dips">first quarter earnings</a> call on Thursday, McDonald&#8217;s CEO, Chris Kempczinski&#8217;s opening remarks centered around the declining foot traffic in the quick-service restaurant industry, especially from the low and middle income consumer cohort, both of which are down nearly 10% compared to the prior year quarter. 
However, traffic among high-income consumers remains strong, which Kempczinski said &#8220;illustrates the divided U.S. economy, where low- and middle-income consumers in particular are being weighed down,&#8221; by factors such as inflation and a bleak economic outlook.
During the Q&amp;A session, CFO Ian Borden noted that McDonald's customer base skews toward low- and middle-income consumers, prompting the company to double down on its commitment to &#8220;strong value&#8221; and &#8220;affordability&#8221; across its menu offerings.
Borden adds that this value-focused strategy helped McDonald's outperform its closest competitors on same-store guest counts during the first quarter.
See More: <a href="https://www.benzinga.com/news/earnings/25/05/45157434/reddit-says-40-of-comment-section-discussions-are-about-products-services-so-now-theyre-ad-space">Reddit Stock Spikes Over 6% After-hours After Earning Beat, Platform Considers Putting Ads In Comments To Monetize High &#8216;Engagement&#8217;</a>
Why It Matters: The company experienced a 3.6% <a href="https://www.benzinga.com/25/05/45135213/mcdonalds-q1-revenue-decline-34-as-war-in-the-middle-east-bites-stock-dips">year-over-year decline</a> in same-store sales during the quarter, which marks its steepest decline since 2020, during the COVID-19 pandemic. As a result, McDonald&#8217;s missed consensus estimates, with $2.67 in earnings per share, from $5.96 billion in revenue.
This coincides with the Consumer Sentiment Index crashing to <a href="https://benzinga.com/economics/macro-economic-events/25/04/44764554/consumer-sentiment-crashes-to-3-year-lows-as-inflation-expectations-spike-to-1981-highs">a three-year low</a> in April, at 50.4, down from 57 in March, with tariffs, inflation expectations, and market reactions taking their toll.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy <a href="https://benzinga.com/25/05/45158172/amazon-ceo-andy-jassy-predicts-pandemic-like-consumer-shifts-says-company-is-maniacally-focused-on-keeping-prices-low">expressed similar concerns</a> during the company's first-quarter earnings call on Thursday, pointing to shifts in consumer behavior reminiscent of the pandemic. &#8220;There's maybe never been a more important time in recent memory than now to try to keep prices low,&#8221; he said.
Price Action: The stock was down 1.88% on Thursday, and is currently down 0.20% after hours following the company&#8217;s earnings release.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="133" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM-1024x133.png" alt="" class="wp-image-898322" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM-1024x133.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM-300x39.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM-768x99.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM-1536x199.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02013634/Screenshot-2025-05-02-at-11.05.21-AM.png 1606w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
McDonald&#8217;s has a favorable price trend in the short, medium, and long term, but how does it compare with peers and competitors? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> for more insights.
Photo Courtesy: New Africa On Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/markets/25/05/45158395/elon-musks-exit-as-ceo-means-25-drop-in-tesla-stock-price-gary-black-highlights-why-musks-leadership-still-anchors-teslas-valuation">Elon Musk&#8217;s Exit As CEO Means 25% Drop In Tesla Stock Price: Gary Black Highlights Why Musk&#8217;s Leadership Still Anchors Tesla&#8217;s Valuation</a></li>
</ul>

Earnings

Markets

McDonald's CEO: 'The US Economy Is Divided' As Wealthy Customers Keep Coming While Regular Families Cut Back

General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) CEO Mary Barra says that U.S. President Donald Trump's tariffs on the automotive industry will cost the company over $5 billion, but assures that GM&#8217;s pricing will remain the same.
What Happened: The company expects a tariff exposure of anywhere between &#8220;$4 to $5 billion,&#8221; GM said in a call with investors. However, the company does not expect to pass the costs on to the customer. "We believe …pricing is going to stay at about the same level as it is," Barra said in an interview with CNN on Thursday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GM CEO tells <a href="https://twitter.com/ErinBurnett?ref_src=twsrc%5Etfw">@ErinBurnett</a> Trump&#39;s auto <a href="https://twitter.com/hashtag/tariffs?src=hash&amp;ref_src=twsrc%5Etfw">#tariffs</a> could cost the company $5 billion. <a href="https://t.co/jajv3fTlQl">pic.twitter.com/jajv3fTlQl</a>
&mdash; Erin Burnett OutFront (@OutFrontCNN) <a href="https://twitter.com/OutFrontCNN/status/1918033748047872053?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
"Pricing changes in our industry at least monthly, and sometimes more frequently. We're going to respond to the market," she said.
Why It Matters: The news comes in as <a href="https://www.benzinga.com/news/guidance/25/05/45133096/this-is-how-much-it-will-cost-general-motors-from-trumps-tariff-policy">GM cuts its 2025 forecast</a>, citing uncertainty in the auto industry as a result of Trump's auto tariffs. The company also lowered its Earnings Per Share or EPS guidance to $8.25 &#8211; $10.00.
However, the Detroit-based automaker isn't the only company that isn't hiking prices for its vehicles. Recently, &nbsp;Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO Jim Farley announced the company <a href="https://www.benzinga.com/25/05/45129156/jim-farley-says-ford-will-delay-price-hike-to-see-how-competitors-react-to-tariffs-extends-employee-pricing-through-july">would not hike its prices</a>, but instead would extend the employee pricing program.
Elsewhere, President Trump's announcement that the administration will <a href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">alleviate some of the tariffs</a> levied on the auto industry and prevent ‘stacking' of tariffs could provide the sector with a boost.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="193" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025-1024x193.jpg" alt="" class="wp-image-898343" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025-1024x193.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025-300x57.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025-768x145.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025-1536x290.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014822/GM-Stock-2-may-2025.jpg 1662w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
GM Stock scores well on Value and Quality metrics, and has a satisfactory score on Momentum and Growth metrics. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.
Read Next:
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</ul>
Photo courtesy: Jonathan Weiss / Shutterstock.com

General

GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay 'About The Same,' Says CEO Mary Barra: 'We're Going To Respond To The Market'

The maximum number of ordinary shares which may be purchased or committed to be purchased by the Company under the programme (across both contracts) is 320,000,000, which is the maximum number remaining as of the date of this announcement pursuant to the relevant authorities granted by shareholders at the Company's 2024 Annual General Meeting.

Buybacks

SHEL

Shell Begins $3.5B Share Buyback Programme, Targeting Completion Before Q2 2025 Results

Eaton Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) will release earnings results for the first quarter, before the <a href="https://www.benzinga.com/quote/ETN/earnings">opening bell on Friday, May 2.</a>
Analysts expect the Dublin, Ireland-based company to report quarterly earnings at $2.71 per share, up from $2.40 per share in the year-ago period. Eaton projects to report quarterly revenue at $6.25 billion, compared to $5.94 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 22, the company's board declared a quarterly dividend of $1.04 per ordinary share.
Eaton shares gained 2.5% to close at $301.66 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/ETN/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Citigroup analyst Andrew Kaplowitz maintained a Buy rating and lowered the price target from $396 to $323 on April 14, 2025. This analyst has an accuracy rate of 80%.</li>
<li>JP Morgan analyst Stephen Tusa maintained an Overweight rating and cut the price target from $350 to $289 on April 8, 2025. This analyst has an accuracy rate of 66%.</li>
<li>Keybanc analyst Jeffrey Hammond maintained an Overweight rating and cut the price target from $340 to $325 on April 8, 2025. This analyst has an accuracy rate of 70%.</li>
<li>Barclays analyst Julian Mitchell maintained an Equal-Weight rating and cut the price target from $315 to $306 on April 4, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Jefferies analyst Stephen Volkmann maintained a Buy rating and slashed the price target from $390 to $335 on March 12, 2025. This analyst has an accuracy rate of 70%.</li>
</ul>
Considering buying ETN stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="589" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02024605/image-15-1024x589.png" alt="" class="wp-image-898418" style="width:598px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02024605/image-15-1024x589.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02024605/image-15-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02024605/image-15-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02024605/image-15.png 1117w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li>Jim Cramer: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45133450/jim-cramer-this-consumer-cyclical-stock-is-a-one-trick-pony">This Consumer Cyclical Stock Is A &#8216;One-Trick Pony&#8217;</a></li>
</ul>

Long Ideas

Media

Trading Ideas

Top Wall Street Forecasters Revamp Eaton Expectations Ahead Of Q1 Earnings

Freight Technologies Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>) has become the first public company to adopt the Official Trump (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) meme coin as a treasury reserve asset, as announced on Wednesday.
What Happened: The logistics management firm&nbsp;agreed to the issuance of convertible&nbsp;notes&nbsp;up to $20 million&nbsp;with an institutional investor, according to a press release. The proceeds from this financing will be &#8220;exclusively&#8221; allocated for purchasing TRUMP tokens.
Freight Technologies plans to issue notes amounting to $1 million in the first tranche, with an&nbsp;additional capacity of up to&nbsp;$19 million available in&nbsp;subsequent drawdowns.
&#8220;We believe that the addition of the Official Trump tokens is an excellent way to diversify our crypto treasury and also an effective way to advocate for fair, balanced, and free trade between Mexico and the U.S.,&#8221; said CEO Javier Selgas.
See Also:&nbsp;<a href="https://benzinga.com/25/05/45158116/jack-dorsey-upbeat-on-blocks-bitcoin-mining-chip-delivery-in-h2-2025-as-industry-faces-disruptions-due-to-high-ch" target="_blank" rel="noreferrer noopener">Jack Dorsey Upbeat On Block&#8217;s Bitcoin Mining Chip Delivery In H2 2025, Sees &#8216;Huge Opportunity&#8217; As China Tariffs Disruption Looms</a>
Why It Matters: The decision comes against the backdrop of President Donald Trump&#8217;s new trade policy, as part of which he imposed a <a href="https://www.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">25% tariff on all imports from Mexico and Canada</a> that are not covered under the region&#8217;s U.S.-Mexico-Canada trade pact. 
Freight Technologies is particularly known for cross-border shipping between the U.S. and Mexico.
Meanwhile, TRUMP has been in the news after the&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/45027557/trumps-memecoin-dinner-event-sparks-impeachment-call-from-democratic-senator-says-potus-is-selling-access-to-those-who-enrich-him">top holders of the coin were invited to an exclusive dinner</a> with Trump. The news sparked a buying frenzy but also attracted criticism, with one Democratic lawmaker labeling it an impeachable offense
Price Action: At the time of writing, TRUMP was exchanging hands at $12.50, down 4.73% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. The meme coin, launched before Trump&#8217;s presidential inauguration, was down 83% from its all-time highs.
Shares of Freight Technologies were down 3.53% in after-hours trading, after plunging 20% to $0.9848 on Thursday.
As of this writing, the stock was ranked lower in terms of momentum, a measure of an asset&#8217;s relative strength based on price movement patterns and volatility across several timeframes. To find high-momentum stocks, visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
Photo Courtesy: Kirill Aleksandrovich On Shutterstock.com
Read Next:&nbsp;
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/03/44450232/white-house-says-gold-reserves-may-be-used-to-purchase-bitcoin" target="_blank" rel="noreferrer noopener">White House Says Gold Reserves May Be Used to Purchase Bitcoin</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Politics

$TRUMP

FRGT

Trump's Official Token Adopted As Treasury Reserve Asset By Nasdaq-Listed Company Seeking Fair, Free Trade Between US And Mexico

On Thursday, Spotify Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) said that it had submitted an updated version of its app to Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) that includes an external link for U.S. users to purchase subscriptions outside the App Store.
What Happened: The move follows a ruling by U.S. District Judge Yvonne Gonzalez Rogers, who found that Apple had <a href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation">failed to comply</a> with her 2021 injunction in the Epic Games antitrust lawsuit.
In an 80-page decision issued Wednesday, Judge Rogers said Apple's attempts to introduce new fees on off-app purchases violated the spirit of her original order.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/45093311/not-everyone-needs-a-thousand-ai-engineers-but-for-those-who-do-zuckerberg-says-meta-will-gladly-build-it-for-a-price" target="_blank" rel="noreferrer noopener">Meta CEO Mark Zuckerberg Says AI Won&#8217;t Just Be About Free Tools And Ads — Some People Will Pay A Fortune To Deploy Armies Of Digital Workers</a>
Apple responded by stating it strongly disagrees with the ruling but would comply while it appeals the decision.
"The fact that we haven&#8217;t been able to deliver these basic services, which were permitted by the judge&#8217;s order four years ago, is absurd," the company said in a blog post.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: After the court&#8217;s ruling, Epic Games CEO Tim Sweeney also <a href="https://www.benzinga.com/news/legal/25/04/45123864/apple-ordered-to-ease-app-store-rules-in-us-epic-games-ceo-tim-sweeney-proposes-peace-deal-saying-well-return-fortnite-and-drop-all-litigation-only-if">proposed ending all ongoing litigation</a> if Apple expands its compliance.
Meeting Epic's conditions would require Apple to drop its global commissions on purchases made outside the App Store and lift restrictions on linking to external payment platforms—changes that could deal a major blow to Apple's lucrative services revenue.
Price Action: On Thursday, Apple stock gained 0.39% during regular trading before dropping 3.78% in after-hours trading, closing at $205.25, per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>. On the same day, Spotify ended 1.9% lower at $602.26 in the regular trading and fell 0.72% in the after-hours session.
According to Benzinga Edge's Stock Rankings, Apple holds a growth score of 44.64% and a momentum score of 44.65%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against other leading tech stocks</a>.
Photo Courtesy: Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here's ‘The Beauty Of It' — You Only Have To Do It Once</a></li>
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Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

AAPL

SPOT

Spotify Adds External Subscription Link in App Following Court's Ruling Against Apple In Epic Matter

The Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) will release earnings results for the first quarter, before the opening <a href="https://www.benzinga.com/quote/CI/earnings">bell on Friday, May 2</a>.
Analysts expect the Bloomfield, Connecticut-based company to report quarterly earnings at $6.35 per share, down from $6.47 per share in the year-ago period. Cigna projects to report quarterly revenue at $60.38 billion, compared to $57.25 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On April 23, the company's board declared a cash dividend of $1.51 per share of its common stock.
Cigna shares fell 1.4% to close at $335.18 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/CI/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Truist Securities analyst David Macdonald maintained a Buy rating and raised the price target from $375 to $385 on April 11, 2025. This analyst has an accuracy rate of 65%.</li>
<li>UBS analyst Kevin Caliendo maintained a Buy rating and cut the price target from $410 to $390 on Feb. 3, 2025. This analyst has an accuracy rate of 71%.</li>
<li>Oppenheimer analyst Michael Wierderhorn maintained an Outperform rating and cut the price target from $400 to $375 on Jan. 31, 2025. This analyst has an accuracy rate of 61%.</li>
<li>Raymond James analyst John Ransom reiterated a Strong Buy rating and cut the price target from $415 to $360 on Jan. 31, 2025. This analyst has an accuracy rate of 76%.</li>
<li>Morgan Stanley analyst Erin Wright maintained an Overweight rating and slashed the price target from $403 to $379 on Jan. 31, 2025. This analyst has an accuracy rate of 75%.</li>
</ul>
Considering buying CI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="577" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02023217/image-2-7-1024x577.png" alt="" class="wp-image-898393" style="width:564px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02023217/image-2-7-1024x577.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02023217/image-2-7-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02023217/image-2-7-768x433.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02023217/image-2-7.png 1105w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45133450/jim-cramer-this-consumer-cyclical-stock-is-a-one-trick-pony">Jim Cramer: This Consumer Cyclical Stock Is A &#8216;One-Trick Pony&#8217;</a></li>
</ul>

Price Target

Pre-Market Outlook

Analyst Ratings

Cigna Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Economist Peter Schiff says today's cheaper crude is less a "drill‑baby‑drill" success than a warning light for a sputtering world economy.
What Happened: In an X post on Thursday, he argued oil is sinking because global trade is stalling and recession fears are throttling demand, not because producers suddenly flooded the market.
&#8220;A better slogan is &#8216;chill-baby-chill.&#8217; It&#8217;s not more supply that is bringing down oil prices, but collapsing demand due to reduced trade and recession,&#8221; wrote Schiff.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump is getting lower oil prices, but it&#39;s not due to &quot;drill-baby-drill.&quot; In fact, with current oil prices, drilling will stop. A better slogan is &quot;chill-baby-chill.&quot; It&#39;s not more supply that is bringing down oil prices, but collapsing demand due to reduced trade and recession.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1917925534626988508?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
West Texas Intermediate futures — tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) — settled near $59.62 a barrel Friday, down from $72.63 on Jan. 20, the day Donald Trump began his second term — an 18 percent drop in a little over 100 days. Brent crude has slid about 16 percent in the same stretch. U.S. oil &amp; gas stocks — as tracked by the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) rose 0.37% on Thursday to $80.80.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="890" height="580" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014452/image-14.png" alt="Brent crude oil futures historical price. Image via Trading Economics" class="wp-image-898332" style="width:918px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014452/image-14.png 890w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014452/image-14-300x196.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014452/image-14-768x500.png 768w" sizes="(max-width: 890px) 100vw, 890px" /></figure>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="849" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014641/Screenshot-2025-05-02-at-14.39.22.png" alt="WTI crude oil futures historical price chart. Image via Trading Economics" class="wp-image-898338" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014641/Screenshot-2025-05-02-at-14.39.22.png 849w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014641/Screenshot-2025-05-02-at-14.39.22-300x178.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02014641/Screenshot-2025-05-02-at-14.39.22-768x455.png 768w" sizes="(max-width: 849px) 100vw, 849px" /></figure>
WTI Crude Futures and Brent Crude Futures Chart Screenshots from Tradingeconomics.com 
See also: <a href="https://www.benzinga.com/25/05/45157365/nvidia-ceo-jensen-huang-warns-us-lawmakers-that-export-bans-are-backfiring-fueling-huaweis-rise-in-global-ai-chip-race">Nvidia CEO Jensen Huang Warns US Lawmakers Are Fueling Rise Of China&#8217;s Huawei With Their Chip Export Bans</a>
While falling prices ideally paint a positive picture from a demand perspective, supply tells a different story: U.S. drillers idled five rigs in mid‑April, the steepest weekly cut since 2023 and the lowest count since December 2021, according to Baker Hughes data. According to a separate Reuters report, analysts warn sub‑$60 prices threaten shale economics, curbing future output rather than expanding it — the opposite of the "drill‑baby‑drill" refrain.
The International Energy Agency <a href="https://www.iea.org/reports/oil-market-report-april-2025">last month cut</a> its 2025 demand-growth call by 300,000 barrels a day, blaming "escalating trade tensions" that darken the economic outlook. The World Trade Organization echoes that worry, <a href="https://www.wto.org/english/blogs_e/ce_ralph_ossa_e/blog_ro_16apr25_e.htm">forecasting</a> a 0.2 percent contraction in goods volumes this year, nearly three percentage points below trend.
Oil prices spiked Thursday after <a href="https://www.benzinga.com/government/regulations/25/05/45149446/oil-prices-soar-after-trump-threatens-sanctions-on-iranian-crude-buyers-is-china-on-top-of-the-list">Donald Trump warned</a> that any country buying Iranian oil or petrochemicals would face sweeping U.S. secondary sanctions. The threat rattled traders because it targets the bulk of Tehran's crude exports.
Roughly 90 percent of Iran's 1.8 million‑barrel‑per‑day March shipments went to China, ship‑tracking firm Vortex told Reuters. Much of that crude ends up in Shandong's independent refineries, which often skirt global oversight—a fact that has irked Washington.
The State Department says China is "by far" Iran's largest oil customer. If Beijing ignores Trump's ultimatum, analysts fear a new sanctions clash could choke Iranian supply and send prices even higher.
Photo Courtesy: Maksim Safaniuk On Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/equities/25/05/45157565/dan-ives-raises-apple-price-target-to-270-says-worst-case-scenario-off-the-table-for-iphone-tariffs-as-tim-cook-reveals-made-in-india-move">Dan Ives Raises Apple Price Target To $270, Says &#8216;Worst Case Scenario&#8217; Off The Table For iPhone Tariffs As Tim Cook Reveals Made In India Move</a>

Commodities

Trump May Be Getting Lower Oil Prices But Its Not Due To 'Drill-Baby-Drill,' Peter Schiff Says Its More Of A 'Chill-Baby-Chill' Scene Out There

Shell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) reported quarterly earnings of $1.84 per share which beat the analyst consensus estimate of $1.65 by 11.52 percent. This is a 23.33 percent decrease over earnings of $2.40 per share from the same period last year. The company reported quarterly sales of $69.23 billion which missed the analyst consensus estimate of $79.13 billion by 12.51 percent. This is a 4.48 percent decrease over sales of $72.48 billion the same period last year.

Earnings Beats

Earnings Misses

Shell Q1 Adj. EPADS $1.84 Beats $1.65 Estimate, Sales $69.23B Miss $79.13B Estimate

<ul>
<li>Decision to submit based on a positive overall response rate (ORR) (p-value &lt; 0.0001), one of the dual primary endpoints in the Phase 3 EPCORE&#xAE; FL-1 trial</li>
<li>Full results from the trial will be submitted for presentation at an upcoming medical conference in 2025</li>
</ul>

GMAB

Reported Earlier, Genmab To Submit sBLA To FDA for Epcoritamab Plus R2 In Relapsed/Refractory Follicular Lymphoma Following Positive Phase 3 Data

PRIO, Brazil's largest independent oil and gas company, will pay a consideration of USD 3.35 billion and a maximum of USD 150 million in interest to Equinor for the transaction. The final cash payment will reflect the closing date and any deductions generated by the asset since the effective date, which is 1 January 2024.
Equinor will be responsible for operations of the field until closing of the transaction, after which PRIO will take over operatorship.

EQNR

Reported Earlier, Equinor Sells Peregrino Field Stake To PRIO For $3.5B, Handing Over Operatorship

Roblox Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) is intensifying its push to capture 10% of the global gaming market, leveraging artificial intelligence, genre diversification, and strategic brand partnerships as central pillars of its growth strategy. 
What Happened: The company, which <a href="https://www.benzinga.com/news/earnings/25/05/45141775/why-is-roblox-stock-trading-higher-on-thursday">reported first-quarter 2025 revenue of $1.21 billion</a>, up 29% year over year and above analyst forecasts-continues to outperform expectations in both revenue and bookings, signaling robust demand and effective execution of its business plan.
CEO David Baszucki reaffirmed Roblox's ambitious target during the latest earnings call, stating, "We're gonna see 10% of the gaming market by consumer spending on the Roblox platform." 
Currently, Roblox holds about 3% of the gaming market, according to CFO Mike Guthrie, but management remains optimistic, citing the platform's resilience even during economic downturns and its appeal as a low-cost entertainment option.
See Also: <a href="https://www.benzinga.com/25/05/45157129/bitcoin-ethereum-dogecoin-spike-alongside-stocks-trader-peter-brandt-projects-a-btc-bull-market-top-in-the-125000-150000-range">Bitcoin, Ethereum, Dogecoin Spike Alongside Stocks: Trader Peter Brandt Says BTC On Target To Reach Bull Market Top Of $125,000-$150,000</a>
Why It Matters: A key driver of Roblox's strategy is the integration of artificial intelligence tools to streamline content creation and enhance platform safety. The company now operates over 200 AI pipelines, with applications ranging from automated moderation to generative asset creation. 
Roblox is also broadening its genre offerings, targeting categories such as sports, racing, role-playing, and battle games. The company reported a 69% year-over-year growth in these tracked genres, reflecting successful diversification efforts.&nbsp;
Price Action: Roblox stock closed at $69.00 on Wednesday, up 2.91% for the day. In after-hours trading, the stock edged up an additional 0.14%. Year to date, Roblox shares have gained 17.27%.
Roblox demonstrates stronger momentum and growth than rivals such as Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), Take-Two Interactive Software Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), and Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>). However, the stock scores lower on valuation metrics, while maintaining a positive price trend from the short to long term, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
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<li><a href="https://www.benzinga.com/markets/equities/25/05/45157565/dan-ives-raises-apple-price-target-to-270-says-worst-case-scenario-off-the-table-for-iphone-tariffs-as-tim-cook-reveals-made-in-india-move">Dan Ives Raises Apple Price Target To $270, Says &#8216;Worst Case Scenario&#8217; Off The Table For iPhone Tariffs As Tim Cook Reveals Made In India Move</a></li>
</ul>
Photo Courtesy: Alex Photo Stock On Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

RBLX

TTWO

Roblox Plots Aggressive Expansion With AI And Brand Partnerships — Sees Path To 10% Of Gaming Market

Leveraging its operational network across America and its professional management system, BTC Digital will deploy the 154 LTC miners for the client and deliver full-service hosting solutions. These services will cover the entire process from miner transportation, power supply, on-site security, to daily operations and maintenance, enabling the client to focus on optimizing asset returns without the burden of operational complexities.

BTCT

Reported Earlier, BTC Digital Announces Litecoin Miner Hosting Agreement, Deploying 154 LTC Miners With 1,690 GH/s Capacity

Following the completion of the offering, JAB will beneficially own approximately 4.4% of KDP's outstanding common stock. The remaining shares beneficially owned by JAB will be subject to a 60-day lock-up agreement with the underwriter.

Reported Earlier, Keurig Dr Pepper Prices 75M Share Secondary Offering By JAB At $33.45/Share, Reducing JAB Stake To 4.4%

Proceeds from the Offering will be used for business expansion, brand promotion and marketing, software development, and for working capital and other general corporate purposes.

IPOs

Morgan Stanley Capital-Protected Notes Based on Value of S&P 500 Index

Reported Earlier, Smart Digital Group Limited Priced $6M Initial Public Offering Of 1.5M Common Shares At $4/Share

Reported Earlier, Kodiak Sciences Highlights Bispecific Protein Innovations And ABC Platform Advancements At ARVO 2025 In Salt Lake City

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "CGCT" and "CGCTW", respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

CGCT

CGCTU

Cartesian Growth Corporation III Prices $240M Initial Public Offering, Upsized From 20M Units To 24M, Priced At $10/Unit

After a news report claimed that Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was <a href="https://www.benzinga.com/25/04/45124373/tesla-board-explored-replacing-elon-musk-as-tesla-ceo-a-month-ago-report">looking to replace</a> CEO Elon Musk, a longtime Tesla bull dismissed the idea, calling the likelihood of such a move extremely low.
What Happened: On Thursday night, Gary Black, the managing partner at The Future Fund LLC, and a Tesla bull for years, addressed speculation about Musk's potential ouster in a post on X, dismissing concerns regarding the board seeking his replacement.
In his post, Black said if Musk stepped down as CEO but stayed on as a Chief Technology Officer or a Chief Product Officer, Tesla's stock could drop 5% to 10%. A complete departure, he warned, could trigger a 20% to 25% decline, wiping out nearly $220 billion in shareholder value.
See More: <a href="https://www.benzinga.com/markets/equities/25/05/45157565/dan-ives-raises-apple-price-target-to-270-says-worst-case-scenario-off-the-table-for-iphone-tariffs-as-tim-cook-reveals-made-in-india-move">Dan Ives Raises Apple Price Target To $270, Says &#8216;Worst Case Scenario&#8217; Off The Table For iPhone Tariffs As Tim Cook Reveals Made In India Move</a>
Black&#8217;s post highlights the extent to which Musk still anchors Tesla&#8217;s $880 billion market cap, a key reason why he believes the &#8220;odds are low&#8221; that the board chooses someone to replace him.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I'm of the opinion that if <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@Elonmusk</a> gave up his CEO role at <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> but continued in some role as Chief Technology Officer or Chief Product Officer, TSLA stock would fall by 5-10%. If Elon left TSLA altogether I believe TSLA stock would fall by 20-25%. For that reason I think… <a href="https://t.co/ZwJ62gEXSB">pic.twitter.com/ZwJ62gEXSB</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1918092329434730615?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The noted fund manager posted this on X, with screenshots of <a href="https://benzinga.com/news/management/25/05/45155242/elon-musk-out-as-tesla-ceo-in-2025-prediction-markets-put-little-faith-in-wsj-report-here-are-the-top-replacement-picks">Benzinga&#8217;s report</a> on Musk&#8217;s possible replacements based on prediction markets. 
The post came just hours after Musk himself addressed the rumors, blasting The Wall Street Journal's report as an &#8220;extremely bad breach of ethics&#8221; and a &#8220;deliberately false article.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It is an EXTREMELY BAD BREACH OF ETHICS that the <a href="https://twitter.com/WSJ?ref_src=twsrc%5Etfw">@WSJ</a> would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors! <a href="https://t.co/9xdypLGg3c">https://t.co/9xdypLGg3c</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1917815854647107990?ref_src=twsrc%5Etfw">May 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Another long-time Tesla bull, Dan Ives, of Wedbush Securities, said on Thursday that he believes Musk will remain as CEO of Tesla for at least <a href="https://www.benzinga.com/markets/equities/25/05/45126370/elon-musk-will-remain-tesla-ceo-for-at-least-5-years-says-dan-ives-as-company-calls-replacement-rumors-absolutely-false">the next five years</a>, while also adding that this might have been the board&#8217;s warning shot. 
Musk, a serial entrepreneur, is no stranger to <a href="https://benzinga.com/tech/25/05/45149124/elon-musk-replacement-rumors-billionaire-also-had-unceremonious-exits-from-paypal-openai">friction in the workplace</a> and unceremonious exits, with several such instances throughout his career.
Price Action: Tesla shares ended Thursday down by 0.58%, and are now down 1.06% after hours, in part due to the rumors and uncertainties surrounding a change in leadership.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1024x136.png" alt="" class="wp-image-898250" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM-1536x204.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/02001222/Screenshot-2025-05-02-at-9.42.02-AM.png 1598w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The stock scores high on momentum and quality according to Benzinga Edge Stock Rankings, and is favorable in the short and long terms, but is unfavorable in the medium term. For more insights, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>.
Photo Courtesy: Shutterstock.com
Read More: 
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<li><a href="https://www.benzinga.com/25/05/45156364/elon-musks-100m-climate-gamble-houstons-mati-carbon-wins-50m-with-rock-dust-hack-to-save-100m-farmers-across-3-continents">Elon Musk&#8217;s $100M Climate Gamble: Houston&#8217;s Mati Carbon Wins $50M With Rock Dust Hack To Save 100M Farmers Across 3 Continents</a></li>
</ul>

TSLA

Elon Musk's Exit As CEO Means 25% Drop In Tesla Stock Price: Gary Black Highlights Why Musk's Leadership Still Anchors Tesla's Valuation

On Thursday, Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy predicted a potential shift in consumer behavior reminiscent of the pandemic era while asserting that the e-commerce giant is doubling down on affordability.
What Happened: During <a href="https://www.benzinga.com/general/entertainment/25/05/45151230/amazon-q1-earnings-double-beat-q2-guidance-ceo-focuses-on-making-customers-lives-easier-and-better">Amazon's first-quarter earnings</a> call, Jassy addressed questions about Amazon's medium-term strategy amid trade tensions and possible tariff hikes.
&#8220;It's hard to tell what's gonna happen with tariffs right now,&#8221; he stated, adding, &#8220;There's maybe never been a more important time in recent memory than than, you know, trying to keep prices low, which we're heads down, pretty maniacally focused on.&#8221;
Jassy highlighted that Amazon is taking several proactive steps, including purchasing more inventory in advance for products it sells directly and encouraging third-party sellers to do the same, to shield customers from potential price increases.
See Also:&nbsp;<a href="https://www.benzinga.com/news/25/04/44999826/jeff-bezos-final-ceo-letter-isnt-just-about-amazon-it-is-a-clarion-call-for-resisting-normality-the" target="_blank" rel="noreferrer noopener">Jeff Bezos' Final CEO Letter Isn't Just About Amazon — It Is A Clarion Call For Resisting Normality: ‘The World Wants You To Be Typical…Don't Let It Happen'</a>
He also pointed out that during the pandemic, customer preferences changed in ways no one expected, and something similar could happen again.
Why It's Important: Amazon reported first-quarter net sales of $155.7 billion, marking a 9% increase from the same period last year and surpassing Wall Street's consensus estimate of $155.04 billion.
For the second quarter, the company expects net sales to range between $159 billion and $164 billion, representing year-over-year growth of 7% to 11%. Analysts, on average, are projecting second-quarter sales of $160.91 billion.
Earlier this week, it was reported that some Amazon sellers are opting out of Prime Day 2025 or <a href="https://www.benzinga.com/25/04/45058018/trumps-145-china-tariffs-spark-seller-backlash-as-amazon-prime-day-2025-faces-pullouts-and-discount-cuts-report">reducing their discounts</a> due to high tariffs imposed by President Donald Trump on goods imported from China.
Price Action: Amazon (AMZN) shares rose 3.13% during Thursday&#8217;s regular session, closing at $90.20. However, the stock fell 3.21% in after-hours trading, reaching $184.10, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Amazon holds a robust growth score of 94.08% in the Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> other leading e-commerce competitors.
Photo Courtesy: DFree On Shutterstock.com
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<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here&#8217;s ‘The Beauty Of It&#8217; — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Andy Jassy Predicts Pandemic-Like Consumer Shifts, Says Amazon Is 'Maniacally Focused' On Keeping Prices Low

Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) reported <a target="_blank" href="https://www.benzinga.com/general/social-media/25/04/45084721/snap-hits-900-million-users-beats-q1-estimates-but-stock-slides-on-uncertainty" rel="noreferrer noopener">first-quarter results</a> on Tuesday and announced it would not provide second-quarter guidance.
Snap reported first-quarter revenue of $1.36 billion, up 14%, topping the Street consensus estimate of $1.35 billion<a target="_blank" href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0429" rel="noreferrer noopener">.</a>
The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of 13 cents per share.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/social-media/25/04/44747892/amazon-wayfair-pinterest-win-analyst-backing-due-to-tariff-pause-supply-chain-relief-discretionary-spend-recovery" rel="noreferrer noopener">Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend Recovery</a>
Multiple Wall Street analysts cut their <a target="_blank" href="https://www.benzinga.com/quote/SNAP/analyst-ratings" rel="noreferrer noopener">price targets on</a> the stock.
RBC Capital Markets analyst Brad Erickson maintained a Sector Perform rating with a price target of $12.
Canaccord Capital Markets analyst Maria Ripps maintained a Hold rating with a price target of $9, down from $10.
RBC Capital Markets: Snap&#8217;s first-quarter revenue was roughly in line with expectations, offset mainly by weakness in RoW and, to a lesser degree, Europe. The company&#8217;s DAUs were in line with the outlook and guidance. EBITDA came in materially ahead of expectations, driven by better cost discipline.
So far, in the second quarter of 2025, management notes a headwind for revenue, citing advertisers affected by the de minimis exemptions as an example. Regarding the infrastructure costs per DAU for the quarter, the company anticipates it will fall near the midpoint in the second quarter, with DAUs estimated to be around 468 million.
Investors recognize that Snap tends to lose share during moments of macro weakness, and this report will likely reinforce those views, particularly given Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&#8217;s much more balanced tone last week (also historically consistent).
Adding to the pain, investors also walked away from the call with unanswered questions regarding how to think about the regional exposure, i.e., China-based advertisers, and whether the weakness is more from APAC or non-China advertisers with China supply chain &amp; de minimis exposure.
Erickson is intrigued at Snap&#8217;s opportunity with Spotlight to drive engagement with accretive monetization over time, but given its platform changes are moving slowly and the platform&#8217;s tendency to underperform during softer macro periods, the analyst lacks arguments to get more constructive beyond that, the stock has come down.
Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) should be better off, given its similar level of advertiser depth, which can fill in auction holes left by the most affected advertisers.
Erickson projected second-quarter revenue of $1.31 billion.
Canaccord Capital Markets: Snap&#8217;s first-quarter results were solid relative to expectations, with MAUs eclipsing 900 million for the first time, total revenue coming in modestly above consensus, and profitability solidly above guidance.
Consistent with the past two quarters, advertising revenue growth decelerated slightly but increased ~9%, with DR revenue maintaining mid-teens growth and comprising 75% of total advertising revenue for the first time. Total active advertisers increased by 60% in the first quarter, reflecting efforts to onboard more SMBs onto the platform, and Snap is increasingly focused on ramping spend from medium-sized advertisers.
Other revenue delivered another quarter of robust growth thanks to Snapchat+, now at a $600 million revenue run rate.
Snap expects stable trends going forward. Global time spent watching content grew in the first quarter, reflecting continued investment in AI models to support better content ranking and personalization.
These new models can integrate new trends and user interaction signals at double the pace of prior models, which helped the number of views on Spotlight posts. For My AI, improvements to responsiveness drove a 55% increase in the number of My AI DAUs in the US.
Given macro-related uncertainty, Snap did not provide formal second-quarter financial guidance. Management noted that it has seen headwinds to start the quarter as the cohort of advertisers impacted by changes to the de minimis exemption has curtailed spending. The company did indicate that it was still growing quarter-to-date.
Price Action: SNAP stock closed lower by 1.63% to $7.83 on Thursday.
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