CheckMan Stock Market Overview

Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March with the Organization of Petroleum Exporting Countries (OPEC), Bloomberg news reported, citing calculations based on official data.

Last week, Tesla fired 500 employees responsible for expanding its Supercharger network.

TopBuild's (BLD) first-quarter results reflect solid price realization, along with productivity initiatives.

Hydrogen fuel cell specialist Plug Power (NASDAQ: PLUG ) is set to release its fiscal first-quarter earnings report prior to the opening bell on May 9. Analysts anticipate a revenue bump from the company's multiple deals.

After remote work skyrocketed, it is not hard to imagine the demand for cloud computing jumped. With companies racing to have the top cloud software and companies spending big to keep their business up to date, there is no better time for investors to tune in.

Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool.  The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7) by Reuters, citing a source familiar with the matter.

Meta Platforms (NASDAQ: META ) is still losing billions of dollars on the metaverse. In fact, in the company's latest earnings call, CEO Mark Zuckerberg spent a good deal of time talking about how Meta loses money, including the $3.8 billion it lost on the metaverse.

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt.

Investing in undervalued utilities stocks is a good idea for several reasons. Utilities offer stable, long-term investments with regular dividend payouts, making them attractive for income-seeking investors.

For Q1 of 2024, Uber Technologies Inc UBER revealed that the company performed better than expected in terms of revenue, seeing a 15% growth compared to last year, but its operating profit didn't hit its target.