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Tag: International Business Machines Corp.

Top money managers pick the stocks they like for 2024 that aren't the Magnificent Seven

Top money managers pick the stocks they like for 2024 that aren't the Magnificent Seven

January 11, 2024January 11, 2024 · Business

There are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that…

Read more Top money managers pick the stocks they like for 2024 that aren't the Magnificent Seven
Elon Musk’s X apocalyptic moment

Elon Musk’s X apocalyptic moment

November 17, 2023November 17, 2023 · Breaking News

Is this the beginning of the end for X, the social-media site previously known as Twitter? In the last two days, major advertisers, ranging from IBM Corp. IBM,…

Read more Elon Musk’s X apocalyptic moment
Disney, Warner Bros., Comcast, Paramount Global are the latest to pull ads from Elon Musk’s X

Disney, Warner Bros., Comcast, Paramount Global are the latest to pull ads from Elon Musk’s X

November 17, 2023November 18, 2023 · Breaking News

Add Walt Disney Co. DIS, Warner Bros. Discovery Inc. WBD, Comcast Corp. CMCSA and Paramount Global PARA to the growing list of major brands pausing advertising on Elon…

Read more Disney, Warner Bros., Comcast, Paramount Global are the latest to pull ads from Elon Musk’s X
Apple and Disney have paused advertising on X after Elon Musk promoted antisemitic tweet

Apple and Disney have paused advertising on X after Elon Musk promoted antisemitic tweet

November 17, 2023November 17, 2023 · World News

Apple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week…

Read more Apple and Disney have paused advertising on X after Elon Musk promoted antisemitic tweet
Elon Musk’s X apocalyptic moment

IBM pulls ads from X after Elon Musk’s incendiary comments over white pride

November 16, 2023November 16, 2023 · Breaking News

IBM Corp. IBM, +0.31% has abruptly pulled ads from X, formerly Twitter, amid a maelstrom of controversial comments from billionaire owner Elon Musk and the placement of IBM…

Read more IBM pulls ads from X after Elon Musk’s incendiary comments over white pride
Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says

Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says

November 5, 2023November 5, 2023 · Business

A Chinese flag flies outside a residential compound in Beijing on April 30, 2017. Greg Baker | Afp | Getty Images Chinese companies have gained ground in global…

Read more Huawei, Tencent among top cybersecurity patent holders as China fosters own tech, report says
5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

October 23, 2023October 23, 2023 · Business

Here are the most important news items that investors need to start their trading day: 1. Bond yield boost U.S. stock futures slid Monday morning as the 10-year…

Read more 5 things to know before the stock market opens Monday
Heineken is the latest Western corporate giant to exit Russia

Heineken is the latest Western corporate giant to exit Russia

August 25, 2023August 26, 2023 · Breaking News

Beer giant Heineken N.V. is the latest Western company to exit Russia, announcing Friday the sale of its Russian operations to Arnest Group for one euro. Under the…

Read more Heineken is the latest Western corporate giant to exit Russia
Top Wall Street analysts are upbeat about these dividend stocks

Top Wall Street analysts are upbeat about these dividend stocks

July 30, 2023July 30, 2023 · Business

While many growth stocks have recovered this year, investors continue to look for attractive dividend picks that can offer steady income and the potential for long-term capital appreciation.…

Read more Top Wall Street analysts are upbeat about these dividend stocks
Tech stocks close out best first half in 40 years, powered by Apple rally and Nvidia boom

Tech stocks close out best first half in 40 years, powered by Apple rally and Nvidia boom

June 30, 2023July 1, 2023 · Business

Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California.…

Read more Tech stocks close out best first half in 40 years, powered by Apple rally and Nvidia boom
CNBC Daily Open: Earnings look weak despite beating expectations

CNBC Daily Open: Earnings look weak despite beating expectations

April 19, 2023April 20, 2023 · Banking

The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images This report is from today’s CNBC Daily Open,…

Read more CNBC Daily Open: Earnings look weak despite beating expectations
CNBC Daily Open: Earnings are starting to look weak

CNBC Daily Open: Earnings are starting to look weak

April 19, 2023April 23, 2023 · Banking

An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. Xiaolu Chu | Getty Images News | Getty Images This report is from today’s…

Read more CNBC Daily Open: Earnings are starting to look weak
Huawei turns to patents for a lifeline — including those in the U.S.

Huawei turns to patents for a lifeline — including those in the U.S.

February 5, 2023February 5, 2023 · Business

Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant Huawei is…

Read more Huawei turns to patents for a lifeline — including those in the U.S.
U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride

U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride

January 26, 2023January 26, 2023 · Breaking News

U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in a better mood following Wednesday’s intraday selloff. How…

Read more U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
IBM tops revenue estimates, says it will cut 3,900 jobs

IBM tops revenue estimates, says it will cut 3,900 jobs

January 25, 2023January 25, 2023 · World News

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images…

Read more IBM tops revenue estimates, says it will cut 3,900 jobs
Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more

Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more

January 18, 2023January 18, 2023 · Business

Here are Wednesday’s biggest calls on Wall Street: BMO initiates CrowdStrike as outperform BMO initiated the cybersecurity company and called it “best-in-class.” “We believe that CrowdStrike offers best-in-class…

Read more Here are Wednesday’s biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more
Pro Picks: Watch all of Tuesday’s big stock calls on CNBC

Pro Picks: Watch all of Tuesday’s big stock calls on CNBC

December 27, 2022December 27, 2022 · Business

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Tesla , which fell more than 11% Tuesday and is…

Read more Pro Picks: Watch all of Tuesday’s big stock calls on CNBC
The Dow industrials are on the verge of a ‘golden cross,’ even as BlackRock predicts recession like no other

The Dow industrials are on the verge of a ‘golden cross,’ even as BlackRock predicts recession like no other

December 9, 2022December 9, 2022 · Breaking News

Despite worries about inflation and an impending recession, there is at least one sign that some bullish market technical analysts might latch onto. An upbeat golden cross appears…

Read more The Dow industrials are on the verge of a ‘golden cross,’ even as BlackRock predicts recession like no other
CNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here’s his strategy for tech names

CNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here’s his strategy for tech names

November 2, 2022November 2, 2022 · Business

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Satori Fund founder Dan Niles shares his macro analysis of the large-cap tech sector,…

Read more CNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here’s his strategy for tech names
IBM stock rallies on third-quarter results, upbeat forecast

IBM stock rallies on third-quarter results, upbeat forecast

October 19, 2022October 19, 2022 · Breaking News

Shares of International Business Machines Corp. rallied in extended trading Wednesday, after the tech software, consulting and infrastructure giant reported third-quarter results that beat expectations and offered up…

Read more IBM stock rallies on third-quarter results, upbeat forecast
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