12:41 p.m. July 18, 2019
Trump Vows Close Look at Computing Contract Amazon Seeks
President’s comments are latest complication for the award for the cloud deal, known as Joint Enterprise Defense Infrastructure, or JEDI.
12:37 p.m. July 18, 2019
- By Clive McKeef
Stocks snap 2-day skid as Fed’s Williams says central bank should act swiftly to quash slowdown signs UnitedHealth’s 2.3% stock drop weighs on the DowU.S. stocks close higher Thursday, recovering from early losses, after New York Federal Reserve President John Williams said the central bank’s wisest strategy is to cut interest rates at the first sign of economic distress when interest rates are already low.
12:09 p.m. July 18, 2019
- By Robert Schroeder
Trump vows ‘strong look’ into Pentagon cloud contract that could go to Amazon President says he disagrees with ‘send her back’ chant aimed at Rep. Omar President Donald Trump on Thursday vowed to take a “strong look” into a Pentagon cloud-computing contract that could go to either Amazon or Microsoft, as he said he disagreed with supporters who chanted a Democratic congresswoman should be sent back to her native country.
8:36 a.m. July 18, 2019
Stocks Are Sagging as Earnings Reports Roll In
The decline came despite upbeat news on manufacturing.
6:02 a.m. July 18, 2019
- By Mark Decambre
UnitedHealth's stock slump exacts nearly 30-point toll on Dow industrials -- but IBM's rally caps lossA decline in shares of UnitedHealth Group Inc. Thursday morning was producing the most severe drag on the blue-chip Dow Jones Industrial Average in early action. Shares of UnitedHealth were down 1.8%, or about $4.75 lower at $261.90, translating to a roughly 30-point drag on the price-weighted Dow. The company's shares had hit a low of $257.26 near the open, representing a drag of about 50 points on the Dow. A $1 move in any one of its 30 components of the 123-year-old index equates to a 6.8-point swing. The Dow was down 18 points, or 0.1%, at 27,198. Capping the decline in the Dow was an advance in International Business Machines Corp., which was up 3.2%, delivering a roughly 30-point boost to the Dow. Meanwhile, the S&P 500 index was off 0.1% at 2,981, with a 0.2% decline for the Nasdaq Composite Index to reach 8,170. The losses for UnitedHealth come even as the health insurer reported better-than-expected quarterly results and lifted its full-year earnings outlook to $13.95 to $14.15 a share, from its previous forecast of $13.80 to $14.05. Late Wednesday, International Business Machines Corp.'s quarterly results .
5:03 a.m. July 18, 2019
Netflix Stock Is Plunging as Tech Worries Weigh on the Market
Concerns centered on corporate earnings and the trade war with China.
IBM stock price target raised to $165 from $160 at Instinet
4:46 a.m. July 18, 2019
3:30 a.m. July 18, 2019
- By Wallace Witkowski
IBM stock slips as earnings, cloud revenue beat Street view Cloud sales grow to $5.65 billion, while Street expected $5.55 billionInternational Business Machines Corp. shares give back gains in the extended session Wednesday and slip to a loss after the tech giant top Wall Street earnings estimates for the second quarter.
3:12 a.m. July 18, 2019
- By Emily Bary
AT&T earnings: Expect another quarter of big video losses Also look for information about forthcoming streaming serviceAs approval for T-Mobile US Inc.’s deal with Sprint Corp. looms over the wireless industry, fellow carrier AT&T Inc. will show of the impact of its own mega-deal when the company reports second-quarter results next Wednesday after the closing bell.
IBM resumed at neutral with $147 stock price target at J.P. Morgan
3:00 a.m. July 18, 2019
IBM stock rises 3% after hours on earnings beat
12:14 p.m. July 17, 2019
IBM Q2 adj. EPS $3.17 vs Street's $3.08 view
12:13 p.m. July 17, 2019
IBM Q2 revenue $19.16 bln vs $20 bln year ago
12:13 p.m. July 17, 2019
IBM Q2 EPS $2.81 vs $2.61 year ago
12:12 p.m. July 17, 2019
2:58 a.m. July 17, 2019
- By Jeremy C. Owens
Netflix is about to pass yet another subscriber milestone Earnings Watch: Netflix to hit 150 million paying customers and IBM/Red Hat will enjoy their public debut as tech results begin When Netflix Inc. reveals its subscriber additions Wednesday afternoon, it should pass a milestone: 150 million paying subscribers.
3:18 a.m. July 16, 2019
- By Emily Bary
IBM earnings: What’s the plan for Red Hat? IBM won’t update Red Hat outlook on earnings call but might still information about the acquisitionInternational Business Machines Corp. has hailed its acquisition of Red Hat as a “game-changer,” but now it’s time for the tech giant to prove itself.
4:18 a.m. July 15, 2019
- By Emily Bary
Earnings Watch: Expect drama in second-quarter numbers as trade fears weigh Fears of recession and trade-war casualties make second-quarter results more critical than usualSecond-quarter earnings are usually pretty sleepy, with forecasts for the back-to-school and holiday periods tucked away for later review amid summer vacation schedules. You may want to pay attention this year, though.
3:14 a.m. July 15, 2019
- By Chris Matthews
Should investors prepare for a ‘shock and awe’ campaign from the Fed? Powell may look to take markets by surpriseMarket participants are preparing for a wide range of outcomes in Fed policy over the coming months.
12:05 p.m. July 11, 2019
- By Mark DeCambre
The Dow components that drove the blue-chip stock index to a 27,000 milestone The answer isn’t a high growth technology stock Which company deserves the most credit for the Dow Jones Industrial Average’s run to a milestone at 27,000 since last posting a finish at or above a round-number milestone at 26,000 back on Jan. 17?
1:39 p.m. July 9, 2019
- By Claudia Assis
T-Mobile to replace recently acquired Red Hat in S&P 500T-Mobile US Inc. will replace Red Hat Inc. in the S&P 500 index at the open on Monday, S&P Dow Jones Indices said late Tuesday. IBM Corp. completed the Red Hat Red Hat is to operate as a unit of IBM's cloud computing business. Shares of T-Mobile rose nearly 3% in the extended session after ending the regular trading day down 0.6%.
11:08 a.m. July 9, 2019
- Associated Press
Billionaire and two-time independent presidential candidate Ross Perot is dead at 89 Perot’s 1992 run vs. Bush and Clinton drew more votes than any third-party candidacy in eight decadesH. Ross Perot, the colorful self-made Texas billionaire who twice ran for president, has died at 89.
11:06 a.m. July 9, 2019
Ross Perot Paved Way for a Billionaire to Be President
The entrepreneur died Tuesday at the age of 89. His success in business and philanthropy didn’t extend to reshaping public policy or how Wall Street operates.
1:15 a.m. July 5, 2019
The ‘Dinos of the Dow’ Are Handily Beating the Market
We recently identified seven iconic U.S. companies that, at one point, fell on hard times. But these stocks have proved in 2019 that they are far from extinct, handily beating the Dow Jones Industrial Average.
1:05 a.m. July 4, 2019
The ‘Dogs of the Dow’ Are Neck and Neck With the Market
The Dogs of the Dow stock-picking strategy attempts to beat the market by buying the 10 stocks with the highest dividend yields in the Dow Jones Industrial Average. It’s an old strategy that posits it’s easier to make money by buying cheap stocks.
10:16 a.m. July 1, 2019
- By Mark Hulbert
Here’s what Apple, Facebook and other Big Tech investors can learn from IBM’s antitrust ordeal IBM beat the government, while AT&T was broken up. Guess which stock made more moneyIBM beat the government, while AT&T was broken up. Guess which stock made more money.
9:46 a.m. July 1, 2019
- By Philip van Doorn
Here are the stock market’s winners and losers in the first half of 2019 Microsoft leads Dow components, while Tesla is the worst Nasdaq-100 stock, with a 33% slideMicrosoft leads Dow components, while Tesla is the worst Nasdaq-100 stock, with a 33% slide.
7:17 a.m. June 25, 2019
- By Jeff Reeves
Only half of these big tech stocks are worth buying Jeff Reeves separates the winners from the stumblersWhich big tech stocks are looking good in 2019 as they approach new highs, and which ones look like they may be falling behind? Jeff Reeves gives his picks.
3:51 a.m. June 24, 2019
- By Jon Swartz
The antitrust suspects: Facebook and Apple appear to be most at risk No easy solution for Google, and Amazon appears pretty safe, antitrust experts tell MarketWatch in assessing Big Tech inquiriesFacebook Inc. and Apple Inc. are most at risk if government regulators are serious about pursuing antitrust actions against Big Tech.
1:00 a.m. June 24, 2019
Planet Fitness and Peloton Have Investors Pumped and Rivals Chafed
Legacy fitness companies such as Nautilus and Town Sports International are reeling from the success of connected fitness machines and ultra-cheap gym memberships.
2:05 a.m. June 19, 2019
Apple and Facebook Appear to Be Most at Risk in a New Era of Antitrust
The specter of antitrust action against four of the largest tech companies in the world has evolved into a parlor game among some in Silicon Valley: What antitrust suspect is the most vulnerable?
8:01 a.m. June 18, 2019
- By Philip van Doorn
Here are the best-performing U.S. stocks as S&P 500 nears record level Semiconductor industry group is having a particularly good dayThe semiconductor industry group is having a particularly good day.
5:05 a.m. June 18, 2019
AMD Chief Lisa Su on Competing With Intel and Learning From IBM
Long-term bets on technology, and partnerships with Microsoft, Samsung, Amazon, and others have helped Advanced Micro Devices prosper. We spoke to AMD CEO Lisa Su, one of our 2019 World’s Best CEOs.
3:55 p.m. June 17, 2019
- By Peter Morici
Why the Fed should ditch its 2% inflation target Spending, not inflation, drives growth and prosperitySpending, not inflation, drives growth and prosperity, writes Peter Morici.
7:52 p.m. June 16, 2019
- By Jon Swartz
Big Tech was built by the same type of antitrust actions that could now tear it down The investigation of IBM gave software companies like Microsoft the air to breathe, and the charges against Microsoft provided a lift for tech companies like Apple, Google, Facebook and AmazonThe fear in Silicon Valley is that antitrust investigations of big tech will blunt momentum of an industry that powers the U.S. economy. But history tells us another story.
6:18 a.m. June 15, 2019
- By Jon Swartz
History shows that Big Tech antitrust suits would be a sell signal, Goldman economists warn Companies targeted with antitrust suits have seen stocks decline, sometimes for decades, analysis shows as Amazon, Apple, Facebook and Google reportedly face federal inquiriesInvestors might want to think twice before dismissing potential antitrust probes of Big Tech as a temporary concern.
3:00 a.m. June 15, 2019
Senator Susan Collins’ Husband Sold Red Hat Stock, Bought Wex
An account owned by Tom Daffron may have sold its entire position in Red Hat. The purchase of Wex stock marks the initiation of an investment.
11:06 a.m. June 13, 2019
Facebook Stock Was Booted Out of the S&P 500 ESG Index. Here’s Why.
Facebook has been removed from the S&P Index ESG Index, a sign that privacy and transparency concerns are taking their toll.
2:55 a.m. June 12, 2019
- By Ellie Ismailidou
How AI can take the guesswork out of farmingThe average farm produces about 500,000 data points a day. Cameron Clayton, CEO of The Weather Company at IBM, explains how AI can help farmers take advantage of those data points to drive up yield.
6:13 p.m. June 6, 2019
- By Mike Murphy
IBM laying off about 1,700 workers: reportInternational Business Machines Corp. is laying off about 1,700 employees, Thursday night. Posts on the discussion board suggested cuts were made in a number of departments in various locations. IBM employs around 350,000 workers, and previously cut jobs and 2017. IBM's more than expected in April, but its stock is still up 16% year to date, compared to the S&P 500's 13% gain. Last month, IBM got a cool reception to to finance its acquisition of Red Hat Inc. .
1:37 p.m. May 28, 2019
- By Abby Schultz
Nonfiction Reading Guidance from J.P. MorganThe bank’s 20th annual summer list features inspiring, fun, and insightful works touching on travel, history, technology, and more