Year: 2026
IBM jumps 8% on earnings beat
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported better-than-expected fourth-quarter results on Wednesday and issued a forecast that slightly topped estimates. Here how the company did compared to LSEG consensus estimates: Earnings per share: $4.52 […]
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Immigrant released from detention after judge threatens ICE chief with contempt ruling
Todd Lyons, acting director of Immigration and Customs Enforcement, speaks during a press conference about “Operation Midway Blitz,” an immigration enforcement campaign, at a hangar in Gary, Indiana, Oct. 30, 2025. Leah Millis | Reuters The detained immigrant whose case led a top federal court judge in Minnesota to threaten the head of U.S. Immigration […]
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Government shutdown: Republicans open door to escape hatch as Congress careens toward shutdown
U.S. Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks to the Senate Chambers in the U.S. Capitol in Washington, Jan. 27, 2026. Anna Moneymaker | Getty Images Republican senators appear to be opening the door to preventing a partial government shutdown as the chamber prepares to start voting on a […]
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Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Tesla said on Wednesday that it’s agreed to invest about $2 billion into Elon Musk’s xAI, which he launched almost three years ago as a prospective competitor to OpenAI. The share purchase was related to xAI’s $20 billion financing round announced earlier […]
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ServiceNow falls 4% despite better-than-expected fourth-quarter results
ServiceNow CEO Bill McDermott looks on during an “Invest America” roundtable discussion with US President Donald Trump in the State Dining Room of the White House in Washington, DC on June 9, 2025. Brendan Smialowski | AFP | Getty Images ServiceNow topped Wall Street’s fourth-quarter estimates after the bell on Wednesday, but shares fell more […]
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Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more
Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 5% in extended trading. Capital expenditures and finance leases in the fiscal second quarter came in at $37.5 billion, surpassing the $34.31 billion consensus estimate from Visible Alpha. Adjusted earnings came out at $4.14 per share, higher than consensus expectations […]
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Carvana shares fall 14% following short-seller accusations
A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family. Gotham City Research alleged Wednesday that the online used car […]
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Here are the five key takeaways from Wednesday’s Fed rate decision
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and […]
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Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business […]
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DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell
watch now VIDEO4:0004:00 Center portfolio around dollar being secularly week even if economy weakens: DoubleLine’s Gundlach Closing Bell DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects the Federal Reserve to stay on hold for the remainder of Jerome Powell’s term as chair with a more balanced outlook for the economy. “I think I would […]
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