International Business Machines Corp
CNBC Daily Open: The real victims of Trump tariffs — U.S. consumers?
A Dollar Store’s shelves stand bare on April 1, 2024 in Lansing, Michigan, U.S. Spencer Platt | Getty Images News | Getty Images Tariffs unleashed — and temporarily, almost capriciously, paused — by U.S. President Donald Trump have given governments across the world a headache as they figure out how to minimize disruptions to their […]
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IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing
Arvind Krishna, chief executive officer of International Business Machines Corp. (IBM), during a Bloomberg Television interview at the World Governments Summit in Dubai, United Arab Emirates, on Tuesday, Feb. 11, 2025. Christopher Pike | Bloomberg | Getty Images International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the […]
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Stocks making the biggest moves midday: PepsiCo, Texas Instruments, ServiceNow, IBM and more
Check out the companies making headlines in midday trading: Hasbro — The toymaker soared 16.3% after the company’s first-quarter report beat expectations. Hasbro earned $1.04 per share, excluding items, on $887.1 million in revenue. Analysts polled by FactSet forecast 67 cents in earnings per share and $771.1 million in revenue. Hasbro added it is not […]
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Stocks making the biggest moves premarket: Texas Instruments, IBM, Southwest, ServiceNow, Hasbro & more
Check out the companies making headlines in premarket trading. Comcast — Shares dropped more than 3% after seeing a decline in customers for the first quarter . On Thursday, the cable giant reported a loss of 199,000 total domestic broadband customers as well as a loss of 427,000 in cable TV customers. The company did […]
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Stock futures slip after major averages post back-to-back gains: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2025. Brendan McDermid | Reuters Stock futures slipped Thursday after the major averages posted a second straight winning day. Futures linked to the S&P 500 were down 0.5%, while Nasdaq-100 futures traded 0.7% lower. Dow Jones […]
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Stocks making the biggest moves after hours: Chipotle, Texas Instruments, ServiceNow and more
Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — Chipotle missed first-quarter revenue estimates and said same-store sales declined for the first time since 2020, leading the stock to drop 2%. The burrito chain reported adjusted earnings per share of 29 cents, while analysts polled by LSEG forecast 28 cents per […]
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IBM beats on earnings and revenue, maintains full-year guidance
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share: $1.60 adjusted vs. $1.40 expected Revenue: $14.54 billion vs. […]
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CoreWeave shares slump nearly 10% in second day of trading
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan McDermid | Reuters CoreWeave‘s stock sank nearly 10% on Monday, falling well below its initial public offering price. The artificial intelligence cloud provider sold shares at […]
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Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images If not for Nvidia, there would be no CoreWeave IPO. The artificial intelligence infrastructure startup might still […]
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CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, […]
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