📈 Stock Market Today: MSFT, PFE, CVS and VZ - Here's what you need to know:

Stocks headed lower into the open. Pfizer (PFE) and CVS Health (CVS) beat top and bottom-line estimates and raised their full-year guidance above consensus.
Here's what is happening in the markets today, Tuesday May 4th.

Stocks headed lower into the open. 

Pfizer (PFE) and CVS Health (CVS) beat top and bottom-line estimates and raised their full-year guidance above consensus.

Retail stocks led the market advance on Monday, with Gap (GPS) and Macy's (M) rallying more than 7%. Dillard's (DDS) closed up nearly 10%, while Urban Outfitters (URBN), American Eagle (AEO), Nordstrom (JWN) and Kohl's (KSS) all gained more than 5%.

Microsoft (MSFT): "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," Bill and Melinda Gates wrote in a statement on Twitter.

Warren Buffett names Greg Abel his successor at Berkshire Hathaway. Abel heads Berkshire Hathaway's (BRK.B and BRK.A) non-insurance businesses,

Verizon (VZ) set what seems to be its final away message in its media industry ambitions, announcing a deal to sell AOL and Yahoo for $5 billion to Apollo Global Management,. It wasn't a good investment for Verizon, which bought AOL for $4.4 billion in 2015 and Yahoo for $4.5 billion in 2017. Yahoo is still the 11th most popular website in the world, and 1.5 million actual human people pay AOL a monthly subscription fee

This wraps up today's stock market news.

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