IBM Corp beat quarterly revenue estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for its digital services helps cushion the blow from a strong dollar.
U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in shares of Abbott Laboratories and a rise in Treasury yields sapped momentum from the current earnings season and outweighed a surge in Netflix Inc shares.
U.S. stocks retreated on Wednesday after two straight days of gains, as weakness in shares of Abbott Laboratories and a climb in Treasury yields took some momentum away from the current earnings season and outweighed a surge in Netflix Inc shares.
After providing investors with a multitude of gains over the last several years, the music was shut off for Netflix NFLX shares in 2022, sending them tumbling.
Amazon AMZN continues to dominate the global cloud computing space on the back of an increasing number of availability zones and regions served by Amazon Web Services (AWS).This is evident from AMZN’s latest plans to open a region in Bangkok, Thailand.The new region compr
It's no surprise that 2022 has been a volatile year for both the capital and crypto markets. The days of meme stocks and mooning assets seem so long ago. Since its public debut in April 2021, Coinbase (NASDAQ: COIN) has been one of the most scrutinized stocks on the Nasdaq. It's
Oracle ORCL announced an expanded, multiyear partnership with Nvidia NVDA at Oracle CloudWorld to help customers accelerate artificial intelligence (AI) adoption. The collaboration will bring Nvidia’s full accelerated computing stack — from GPUs to systems to software — t
Wall Street's main indexes struggled for direction on Wednesday as a surge in Treasury yields to 14-year highs on expectations of bigger interest rate hikes dampened budding optimism from a bright start to the earnings season.
The stock market is in a tailspin, and pessimism is dominating the headlines. The overall negative tone is also setting some broad narratives, and one such narrative is that the advertising sector is about to fall off a cliff as the economy slows down. Sure, ad budgets draw major
It's been an up and down year, although more down than up. The S&P 500 currently sits 22% below 2021's close. Roughly half of its stocks are down by even more.
Netflix NFLX spread optimism after reporting solid third-quarter 2022 results after the closing bell on Tuesday. After two straight quarters of subscriber losses, the world's largest video streaming company returned to growth, which marks a major turnaround that has been
Pegasystems (PEGA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual re
Wall Street's main indexes were set to fall at the open on Wednesday as Treasury yields surged to 14-year highs amid rising interest rates, denting gains powered by streaming giant Netflix after it reversed customer losses.
Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown.
Microsoft (MSFT) closed at $238.50 in the latest trading session, marking a +0.41% move from the prior day. This change lagged the S&P 500's 1.14% gain on the day. Elsewhere, the Dow gained 1.12%, while the tech-heavy Nasdaq lost 0.02%.
U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.
U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.
U.S. stocks rallied for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin dampened worries of a dismal earnings season as it begins to pick up steam.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Microsoft Corporation (Symbol: MSFT), where a total volume of 204,967 contracts has been traded thus far today, a contract volume which is representative of appr
Checked
20 minutes 28 seconds ago
This feed is responsible for generating the rss feed related to the topic MSFT