Dow futures give up gains; BP Q1 profit nearly halves
Apr 29, 2025 10:23 AM ISTUS Stock Market Live: HSBC Q1 Profit Surges, Announces BuybackHSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has weighed on the global economy and markets. The London-headquartered lender said Tuesday that it will buyback $3 billion and reported a pretax profit of $9.48 billion for the first quarter, surpassing a company-compiled estimate of $7.83 billion. “Our strong results this quarter demonstrate momentum in our earnings, discipline in the execution of our strategy and confidence in our ability...