Several major U.S. companies reported first-quarter 2025 earnings, including GE HealthCare, United States Steel, Builders FirstSource, and KKR. GE HealthCare reported adjusted EPS of $1.01, exceeding estimates of $0.92, with revenue of $4.78 billion, above the expected $4.66 billion. Organic revenue increased 4%, and net income rose 51% year-over-year to $564 million. Free cash flow declined to $98 million from $274 million a year earlier. The company maintained its full-year adjusted EPS guidance at $3.90 to $4.10 and authorized a $1 billion share buyback program. United States Steel posted a narrower adjusted EPS loss of $0.39, beating the estimated loss of $0.45. Revenue reached $3.73 billion, above the $3.63 billion estimate. The company reported adjusted EBITDA of $172 million, net loss of $87 million, and shipments of 3.76 million tons, all exceeding expectations. U.S. Steel forecasts second-quarter adjusted EBITDA between $375 million and $425 million. Builders FirstSource reported net sales of $3.7 billion, a 6% decrease due to lower core organic sales, fewer selling days, and commodity deflation, partially offset by acquisitions. Adjusted EPS was $1.51, net income was $96.3 million, and diluted EPS was $0.84. Acquisitions helped mitigate headwinds during the quarter. KKR & Co. reported adjusted EPS of $1.15, in line with estimates, and revenue of $1.77 billion, beating expectations. Adjusted net income was $1.03 billion, driven by asset management strength and $31 billion in new capital raised. Despite this, KKR posted a net loss of $186 million, marking its first quarterly loss since 2022, primarily due to markdowns in its insurance unit.