Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,523.77
    -1,676.75 (-3.34%)
     

  • CMC Crypto 200

    1,258.13
    -99.88 (-7.36%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Midday movers: Apple, PacWest Bancorp, Lyft and more

Investing.com
·1-min read

Investing.com -- Stocks were bouncing higher on Friday after strong earnings from Apple and a rebound in regional bank stocks. Here are the market movers for May 5.

Apple Inc (NASDAQ:AAPL)shares were up 4.7% after the tech giant beat expectations for sales and profit on strong sales of its iPhones. Sales of the devices reached $51.3 billion, beating expectations. PacWest Bancorp (NASDAQ:PACW)shares were surging 75% after coming under pressure in the recent banking sector turbulence. Other regional bank stocks are also rebounding on Friday, including Western Alliance Bancorporation (NYSE:WAL), up 40%, Comerica Inc (NYSE:CMA), up 16.8%, and Zions Bancorporation (NASDAQ:ZION) up 19.4%. LYFT Inc (NASDAQ:LYFT)shares were down 20% after the ride-hailing firm provided a second quarter outlook that was slightly weaker than expected on revenue even though it beat expectations for first quarter results. Live Nation Entertainment Inc (NYSE:LYV)shares rose 16% as the ticketing and live entertainment company posted a narrower than expected loss for the first quarter.

Booking Holdings Inc (NASDAQ:BKNG)shares fell 1.7% after its earnings fell short of expectations. But gross bookings are up 20% from the same time last year, lifting revenue.

Related Articles

Midday movers: Apple, PacWest Bancorp, Lyft and more

DeSantis signs bill allowing Florida board to cancel Disney deals

Cloudflare's investor day 'relatively upbeat,' but analysts cautious