Month: April 2026
Asia markets open higher as Iran ceasefire extension lifts mood
Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened broadly higher Thursday, tracking U.S. stocks, which rose overnight after President Donald Trump’s extension of the Iran ceasefire helped to buoy investor sentiment, while upbeat earnings reports also lifted sentiment. Trump extended a two-week U.S. ceasefire on Tuesday, saying it was warranted due to Tehran’s “seriously […]
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Step aside Tesla, BYD: Japanese carmakers deepen their hold on India’s auto market with hybrids
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian consumers’ desire to shift away from gasoline-based cars should have been Tesla and BYD’s moment to shine in the world’s third-largest auto market. […]
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SK Hynix posts record first-quarter profit, in line with estimates as memory prices climb
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue […]
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AI will boost productivity so ServiceNow won’t have to backfill open jobs, CEO says
Bill McDermott, CEO of ServiceNow, speaking on CNBC’s Squawk On The Street outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC ServiceNow CEO Bill McDermott told CNBC on Wednesday that he expects the company to have the same headcount to begin 2027 as it did to start 2026, even […]
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IBM CEO Krishna says Iran, other uncertainty is weighing on company’s outlook
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images International Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously. IBM beat analyst first-quarter […]
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Jim Cramer’s strategy to avoid missing out on big winners
CNBC’s Jim Cramer on Wednesday offered investors a mental framework to make buying high-flying stocks easier to stomach. “In a hot market … you needed to have the discipline to pay up for great stocks to avoid missing out,’” the “Mad Money” host said. Cramer described a lesson from earlier in his career, when a […]
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IBM shares turn lower as company beats but opts to maintain guidance
IBM CEO Arvind Krishna appears at a Diwali celebration in the Oval Office of the White House in Washington on Oct. 21, 2025. Allison Robbert | Bloomberg | Getty Images IBM shares slipped 6% in extended trading on Wednesday after the hardware, software and consulting provider reported stronger-than-expected first-quarter results but maintained full-year guidance. Here’s […]
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U.S. Navy Secretary John Phelan leaving Trump administration: Pentagon
US Navy Secretary John Phelan speaks about the US Navy’s new Golden Fleet initiative, unveiling a new class of warships, at Mar-a-Lago in Palm Beach, Florida, on Dec. 22, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Secretary of the Navy John Phelan is leaving the Trump administration “effective immediately,” a spokesman for the Department […]
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Stocks making the biggest moves after hours: Tesla, IBM, ServiceNow, Southwest Airlines and more
Check out the companies making headlines after the bell : International Business Machines — The technology giant slipped 6% after IBM failed to raise its full-year guidance after posting an earnings beat. IBM reported first-quarter earnings of $1.91 per share, excluding items, beating forecasts of $1.81, according to LSEG. The company’s $15.92 billion in revenue […]
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ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war
Bill McDermott, CEO of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street’s estimates as the software company said the conflict in the Middle East dragged on […]
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