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Wall Street Today:
Here are the top stories from Wall Street from The Associated Press for Thursday, May 1.
Stocks Surge Following Tech Earnings Reports
Futures for the S&P 500 are up 1.2% on Thursday.
Microsoft’s Quarterly Earnings Beat Expectations
AI and cloud computing boosted profits 18%.
General Motors Cuts Guidance For 2025
The carmaker expects tariffs to have a $5 billion impact this year.
McDonald’s Reports Surprising Downturn In Store Traffic
Sales fell 1% globally in the first quarter of 2025.
You can see more of today’s news about the economy from The Associated Press Business page.
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