International Business Machines Corp
Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM and more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Netflix — Shares of the streaming giant sank 35% after Netflix reported a loss of 200,000 subscribers in the most recent quarter. Netflix cited increasing competition, password sharing […]
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IBM stock on pace for best day since April 2020 as analysts raise estimates
Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images IBM shares rose as much as 8% on Wednesday after the hardware, software […]
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Stocks making the biggest moves premarket: Netflix, Procter & Gamble, Baker Hughes and more
Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming service had projected subscriber additions of 2.5 million. Netflix also said it was exploring an ad-supported version. Walt Disney (DIS), Roku (ROKU), Warner Brothers Discovery […]
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Stocks making the biggest moves after hours: Netflix, IBM, Disney and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a loss of 200,000 subscribers in the first quarter. It marked the first time Netflix reported a loss in subscribers in […]
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IBM first-quarter results beat estimates
IBM CEO Arvind Krishna Source: CNBC IBM shares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here’s how the company did: Earnings: $1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv. Revenue: $14.2 billion, vs. $13.85 billion as expected […]
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Cramer’s week ahead: Keep an eye on bonds and Ukraine as earnings season picks up
CNBC’s Jim Cramer on Thursday previewed next week’s slate of earnings and what investors should have on their radar to prepare for the tumultuous market ahead. The “Mad Money” host said that bonds, Russia’s invasion of Ukraine and Covid lockdowns in China are “the stories that do matter with treasurys running roughshod over everything once […]
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Stocks could stay choppy as fears about the Fed overshadow earnings news
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the […]
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Stocks making the biggest moves midday: Twitter, Tesla, Goldman Sachs, IBM and more
Twitter Kacper Pempel | Reuters Check out the companies making headlines in midday trading. Twitter — Twitter shares ticked 1.4% higher after surging earlier on news that Elon Musk offered $54.20 a share to buy the social media company and take it private. Earlier this month, the Tesla CEO disclosed a 9.2% stake in Twitter. […]
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How Atlassian’s dual-CEO structure has helped the Australian software company thrive
Atlassian’s founders and co-CEOs, Scott Farquhar, left, and Mike Cannon-Brookes. Atlassian In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. In early March, collaboration software maker Atlassian published a blog post titled, “Atlassian stands with Ukraine,” laying out the company’s plans to support employees […]
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Investing Club: Here’s a new reason to buy Apple, even after its nine-day winning streak
We believe an iPhone subscription service would solidify Apple’s position as a technology consumer staple and its elevated stock multiple. Source
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