Here's our initial take on Apple's (AAPL 0.22%) financial report.Key MetricsMetricQ2 2024Q2 2025Changevs. ExpectationsRevenue$90.8 billion$95.4 billion5%BeatEarnings per share$1.53$1.658%BeatiPhone revenue$46.0 billion$46.8 billion2%n/aServices revenue$23.9 billion$26.6 billion12%n/aApple Makes Progress Navigating Trade IssuesInvestor focus coming into this quarter centered on how Apple is navigating ongoing trade wars. The answer was a mixed message.First, the good news: Apple said a majority of its device ...

NASHVILLE, Tenn., May 01, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2025. First Quarter 2025 Highlights and Recent Developments: The Company reported first quarter records for consolidated revenue of $587.3 million, Hospitality segment revenue of $497.7 million and Entertainme ...

Core Viewpoint - Apple is facing potential criminal charges after a federal judge ruled that the company violated an antitrust order related to App Store restrictions, with CEO Tim Cook being singled out for allegedly ignoring advice from his deputies to comply with the ruling [1][5][7]. Group 1: Legal Proceedings and Rulings - The judge, Yvonne Gonzalez Rogers, stated that Cook "chose poorly" by directing his team to defy a court order in the ongoing dispute with Epic Games [1][4]. - Epic Games accused Apple of anticompetitive behavior, leading to a 2021 injunction that required Apple to allow developers to offer alternative payment methods outside the App Store [2][14]. - The judge found that Apple had considered external costs related to alternative payment methods and intentionally set its commission high enough to exceed those costs, undermining claims made by Apple's vice president of finance, Alex Roman [9][14]. Group 2: Internal Dynamics at Apple - Internal discussions revealed that senior executives, including Phillip Schiller, advocated for compliance with the court's order, but Cook sided with his finance team [4][5]. - The judge accused Roman of lying under oath and stated that Apple adopted misrepresentations to the court [6][10]. - Cook's decision to ignore Schiller's advice and follow the finance team's direction was highlighted as a significant misstep [5][11]. Group 3: Implications for Apple and Developers - The ruling mandates that Apple cease collecting commissions on purchases made via external links within apps, which is a significant concession aimed at curbing Apple's dominance in digital commerce on iOS [15]. - Epic Games' CEO, Tim Sweeney, described the ruling as a landmark moment for app developers, emphasizing that it forces Apple to compete [15][16]. - The judge also directed Apple to cover Epic Games' legal fees related to the contempt issue, further impacting the company's financial obligations [15].

Market Overview - The S&P 500 and Dow Jones Industrial Average have risen for seven consecutive days, indicating a potential eighth gain, marking a turnaround from recent volatility [1] - A breadth thrust has led to renewed buying pressure, with 70% or more advancing issues in each session during a three-day stretch [2] Earnings Season Insights - The first-quarter earnings season is halfway through, with 256 S&P 500 companies reporting a 14% increase in total earnings and 4% higher revenues compared to the previous year [3] - Meta Platforms (META) reported earnings of $6.43 per share on revenues of $42.3 billion, beating estimates by 23.2% and 2.6% respectively, and provided upbeat revenue guidance [4][5] - Microsoft (MSFT) surpassed fiscal Q3 estimates with earnings of $3.46 per share, an 8.1% surprise, and cloud revenue of $42.4 billion, up over 20% year-over-year [7] Economic Data and Federal Reserve Implications - The US economy contracted at an annual rate of 0.3% in Q1, lower than the expected 0.1%, marking the first quarter of negative growth since Q1 2022 [9][10] - The core PCE index, the Fed's preferred inflation gauge, remained flat over the prior month, with a 12-month increase of 2.6%, aligning with estimates [11] - Market participants are anticipating four rate cuts this year, with the odds of a June rate cut climbing to approximately 67% following the latest inflation data [12] Market Sentiment and Future Outlook - A broad breadth thrust indicates a potential resumption of a longer-term bullish trend, although major US indexes are nearing potential resistance areas [13] - Positive reactions to earnings are crucial for sustaining market momentum as the first-quarter earnings season continues [14]

Core Viewpoint - Sachem Capital Corp. reported financial results for Q1 2025, indicating stability despite challenges in the real estate market, with a focus on managing its loan portfolio and capital allocation [2][3]. Financial Performance - Total revenue for Q1 2025 was $11.4 million, down from $16.8 million in Q1 2024, primarily due to fewer loan originations and an increase in nonperforming loans [3]. - Operating costs decreased to $10.4 million in Q1 2025 from $12.5 million in the same quarter last year, attributed to reductions in interest, amortization, and employee benefits [4]. - The net loss attributable to common shareholders was $213,000, or $0.00 per share, compared to a net income of $3.6 million, or $0.08 per share, in Q1 2024 [5]. Balance Sheet Overview - Total assets as of March 31, 2025, were $491.4 million, slightly down from $492.0 million at the end of 2024 [6]. - Total liabilities increased to $312.1 million from $310.3 million at year-end 2024 [6]. - Total shareholders' equity decreased to $179.3 million from $181.7 million at year-end 2024, with a book value per common share of $2.57 [8]. Dividend Information - The company paid a dividend of $0.484375 per share to Series A Preferred Stockholders and $0.05 per share to common shareholders in Q1 2025 [10][11]. - As a Real Estate Investment Trust (REIT), the company intends to distribute at least 90% of taxable income to shareholders [9]. Company Profile - Sachem Capital Corp. specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, primarily offering short-term loans to real estate investors [15].

WEST PALM BEACH, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Recorded Net Income attributable to common shareholders of $17.3 million, or $0.06 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders - diluted (“Adjusted Company FFO” ...

New York Mortgage Trust, Inc. 2025 First Quarter Financial Summary These and other risks, uncertainties and factors, including the risk factors and other information described in our most recent Annual Report on Form 10-K, as updated and supplemented from time to time, and our subsequent Quarterly Reports on Form 10-Q and other information that we file from time to time with the U.S. Securities and Exchange Commission ("SEC") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), could ...

Record date set for May 16, 2025DALLAS, April 30, 2025 /PRNewswire/ -- Jacobs (NYSE: J) announced today that its Board of Directors approved a special dividend of 7,299,065 shares of common stock of Amentum Holdings, Inc. (NYSE: AMTM) ("Amentum") distributable to Jacobs' shareholders of record as of the close of business on May 16, 2025 (the "Amentum Share Dividend"). Jacobs expects the Amentum Share Dividend to be made on May 30, 2025. No shareholder action is necessary to receive the Amentum Share Dividen ...

Comparable Hotel RevPAR Growth of 7.0% and Comparable Hotel Total RevPAR Growth of 5.8%BETHESDA, Md., April 30, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for first quarter of 2025. OPERATING RESULTS(unaudited, in millions, except per share and hotel statistics) Quarter ended March 31, 2025 2024 Percent Change Revenues$1,594 $1,471<td style="max-width:1%; width:1%; min-wi ...

Meta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share.While Meta has repeatedly beaten Wall Street expectations in the past few quarters, analysts were disappointed by the first quarter revenue outlook Meta chief executive Mark Zuckerberg shared at the e ...