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What to Watch for in IBM’s Q3 Earnings
IBM Stock Rising After Infrastructure Services Spin-Off Announcement
Microsoft Reports Earnings Tomorrow, Stock Shows 23 Percent Upside
As Microsoft gears up to report its earnings, the stock has soared this year. The company’s stock price has risen 34% in 2020.
IBM Beats Earnings Expectations, Stock Jumps after Results
IBM reported its second-quarter earnings after the market close on Monday. The stock price jumped in extended trading.
Why Ray Dalio Does Not Think Stock Markets Are ‘Free Markets’
Ray Dalio, a billionaire investor, shared his view on the recent market movement and economic impact amid the COVID-19 pandemic.
Oracle Stock Fell Due to Bad News in Its Q4 Results
Oracle (NASDAQ:ORCL) stock fell nearly 5% in extended trading on Tuesday. The company reported mixed results in the fourth quarter.
Cloudera Jumps 19% as It Seeks a Potential Sale
On Tuesday, Cloudera (NYSE:CLDR) stock rose 18.7% and closed at $12.00. The shares rose after reports that the company might sell its business.
Is Exiting Facial Recognition Business Good for IBM Stock?
IBM (NYSE:IBM) stock has been recovering from the coronavirus-driven sell-off. The company decided to pull out of the facial recognition technology business.
Investing in IBM Stock in 2020: What You Need to Know
IBM (NYSE:IBM) stock has had a rough time this year. The coronavirus outbreak made the situation worse. At $118 per share, IBM has fallen 10% in 2020.
Analyzing Software Giant Microsoft’s Q3 Earnings Results
Microsoft posted its results for the third quarter of fiscal 2020 on Wednesday after the market close. The stock rose about 5% in after-hours trading.
Is IBM Stock a ‘Sell’ after Its Q1 Earnings?
IBM (NYSE:IBM) stock fell around 3% in the extended trading session on Monday. The company reported mixed first-quarter results.
Is IBM Stock a ‘Buy’ before Its Q1 Earnings?
IBM (NYSE:IBM) stock rose 3.8% on April 17 and closed at $120.12. The stock was trading 24.3% below its 52-week high of $158.75.
Is Oracle Stock a Good Option for Investors?
Oracle’s stock price has risen 13.2% in the trailing five-day period, while it has fallen 16.6% in the trailing 12-month period.
Oracle Stock Rebounded Due to Solid Q3 Earnings, Share Buybacks
Oracle (NASDAQ:ORCL) stock rose by double-digits during the trading session on March 13. The company reported upbeat earnings on March 12.
Is Microsoft an Attractive Dividend Stock?
On Monday, Microsoft (NASDAQ:MSFT) stock closed 6.78% lower at $150.62 with a market cap of about $1.15 trillion. The stock has risen in pre-market trading today.
Latest Update on the Oracle and Google Copyright Dispute
The Trump administration has thrown its weight behind Oracle in the high-stakes copyright case pitting it against Google.
Microsoft Responds to Amazon in JEDI Contract Dispute
The Pentagon’s JEDI cloud computing contract renewed the bitter rivalry between Microsoft and Amazon. Notably, Amazon disputed the results.
Why Microsoft Stock Could Rise on Q2 Earnings Beat
On Wednesday, Microsoft released its earnings for the second quarter of fiscal 2020 after the closing bell. The stock rose 4.14% in after-hours trading.
Cloud Revenues Dominate IBM’s Q4 Earnings
IBM stock rose around 4.72% in the pre-market trading session today at 7:29 AM ET. The company posted better-than-expected fourth-quarter results.
Amazon Names New Cloud Sales Boss after JEDI Loss
Amazon has picked longtime insider Matt Garman to lead the sales and marketing efforts of its cloud computing business.
What to Expect from Microsoft’s Q2 Earnings
Microsoft is scheduled to report its earnings for the second quarter of fiscal 2020 on January 29 after the closing bell.
Xerox Secures Financing for Proposed HP Takeover
Citigroup, Mizuho Financial Group, and Bank of America agreed to provide a $24 billion bridge loan to Xerox related to its proposed HP (HPQ) takeover.
Microsoft, Amazon, and Alphabet Stocks since the JEDI Award
Alphabet stock has gained about 8.0% since the JEDI contract was awarded to Microsoft. During the same period, Amazon and Microsoft stocks have risen 6.0% and 13%.
Bitcoin versus Blockchain: All You Need To Know
Blockchain is not a currency like Bitcoin. It is tech that makes Bitcoin possible. All the countries around the world are trying to adopt blockchain tech.
Blockchain Goes beyond Cryptocurrencies like Bitcoin
Typically, most discussions about blockchain technology lean toward bitcoin and other cryptocurrencies. There is an enigma that surrounds cryptocurrencies.
Apple and Microsoft Push Indexes to Record Highs
Tech giants Apple and Microsoft have been on an absolute tear this year. While AAPL has gained 69.3% year-to-date, MSFT has returned 48%.
Microsoft Partners with æternity Blockchain in Malta
AE Ventures, the investment arm of æternity blockchain, recently partnered with Microsoft to hold events to promote blockchain in Malta.
Microsoft Is at a Historic High: Is It Still Worth Buying?
You can’t argue with success, and Microsoft shareholders have enjoyed market-beating gains this year. Whether this can continue is questionable.
Microsoft Stumps Amazon, Wins JEDI Contract
On October 25, the Pentagon awarded Microsoft (MSFT) with the ten-year cloud contract for JEDI (Joint Enterprise Defence Infrastructure).
IBM: UBS Downgrades Stock, Predicts Lower Revenues
IBM (IBM) stock fell around 1.13% on Monday and closed the trading session at $132.58. The shares fell after one analyst downgraded the stock.
Microsoft: Why Investors Expect Upbeat Earnings
Microsoft (MSFT) is scheduled to report its earnings for the first quarter of fiscal 2020 after the closing bell on Wednesday.
Could Microsoft Azure Be the Next Windows?
Analyst Christopher Eberle reiterated a “buy” rating and a price target of $161 on Microsoft stock. He predicts that Azure could grow 61.6% in Q1.
Tech Movers: Fitbit, Roku, and Datadog Lead Gains
The broader markets were subdued today. However, tech stocks Datadog (DDOG), Roku (ROKU) and Fitbit (FIT) gained significantly. Here’s why.
IBM Stock Fell Due to Revenue Miss: What’s Next?
IBM (IBM) stock fell more than 5% in after-hours trading. The company reported mixed third-quarter results on Wednesday and beat the earnings estimates.
Berkshire and Buffett: Pressure Due to KHC, Performance
Berkshire Hathaway’s returns have lagged the S&P 500 by a wide margin this year. Buffett has been criticized for not deploying the massive cash pile.
Women CEOs: 5 Names You Should Know
Of all the Fortune 500 companies, only 5% have women CEOs. We rounded up five of the biggest names investors should know. Here’s why.
Libra Responds to PayPal’s Exit from Facebook Currency Project
PayPal (PYPL) has decided to drop out of Facebook’s (FB) Libra Association, the group set to run the Libra cryptocurrency network.
Is Microsoft Stock a ‘Buy’ amid Trade War Tumult?
Microsoft (MSFT) stock fell 1.06% on October 8 and closed at $135.67. At this closing price, its market cap was about $1.04 trillion.
Why This Month Is Crucial for Facebook’s Libra Project
In the coming weeks, Libra Association members will start committing to Facebook’s (FB) Libra cryptocurrency project formally.
Could IBM Consider Working with Facebook’s Libra Association?
Facebook and its Libra Association aim to launch its global cryptocurrency next year. The group is working on securing regulatory approvals for Libra.
Walmart’s All-Time High—Should You Listen to Buffett?
On September 25, Walmart stock closed at $118.47, just 1.4% below the all-time high it made in the previous trading session.
Should Buffett and Berkshire Warm Up to Tech Stocks?
Berkshire Hathaway Chair Warren Buffett invests within his circle of competence. For him, investing in a company entails understanding its business.
Microsoft’s Lease with WeWork: A Positive Sign?
In the Seattle area, WeWork at Capitol Hill has a new client—Microsoft (MSFT). The total cost of MSFT’s lease with WeWork is $3 million.
Microsoft Stock: Dividend Hike, Buybacks Attract Investors
Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.
Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave
Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.
Cloud Computing: Can Google Overtake Microsoft by 2024?
At the close of the second quarter, Google (GOOGL) held 8.0% of the global cloud computing market. It trailed Microsoft (MSFT), which held 16%.
Oracle on Track to Surpass Earnings Estimates Again
Given its positive estimate revision, Oracle (ORCL) is likely to report upbeat fiscal 2020 first-quarter earnings on September 12.
Amazon Leads Market, Loses Cloud Shares
Amazon (AMZN) leads the IaaS Public Cloud Services market. Research firm Gartner estimated Amazon’s share at 47.8% at the end of 2018.
A Market Crash due to ETFs? Michael Burry Weighs In
Michael Burry, whose bet against collateralized debt obligations featured in The Big Short, sees a market crash resulting from passive investing and ETFs.
Hire by Google Slated to Shut Down in September 2020
Google plans to shut down its cloud-based job recruitment tool, Hire by Google, next fall. HR departments use this tool to simplify the employment process.
Trade War Escalated, Airline Stocks Fell
US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.
Tech Stocks with High Dividend Yields for a Rough Market
When the 10-year Treasury yield dips to 1.6%, where do investors park their funds? You can look at stocks with a high dividend yield as an alternative.
Why Investors Shouldn’t Ignore Oracle Stock
Investors seem to have forgotten about Oracle, despite its strong gains this year. The enterprise software giant’s stock has risen 19.4% year-to-date.
Why Did AMD Stock Rise 16% Last Week?
AMD stock rose almost 16% last week. Analysts’ favorable sentiments, new product launches, and better-than-expected earnings drove the stock.
Data Is the New Crude, and Paradata Is Refining It
Everyone’s heard that data is the new oil. But Paradata shows that data is like crude oil—if you don’t refine it into something you can use, it’s useless.
Why the Capital One Hack Is Becoming Amazon’s Headache
Capital One (COF) disclosed that it suffered a major data breach, with the hack exposing the personal data of 106 million customers in the US and Canada.
AMD CEO Lisa Su’s Departure Rumor: The Whys and Whens
Adding to AMD’s recent troubles, Wccftech wrote yesterday about a rumor that CEO Lisa Su was set to leave the company for IBM.
Trump Demands a Big Rate Cut: Could Powell Oblige?
President Trump continues to push the Federal Reserve for a big rate cut. Today, in a tweet, the president called the Fed a “problem.”
AMD Stock Rises as CEO Denies Rumors of Joining IBM
Advanced Micro Devices (AMD) stock rose over 3% yesterday after its CEO denied rumors that she was leaving the company.
Where Does BlueTalon Fit for Microsoft?
Microsoft (MSFT) acquired BlueTalon, a data privacy and governance specialist, to help its customers better control access to their cloud-hosted data.
Why Amazon Might Lose Its $10 Billion JEDI Contract
The Pentagon’s stalling of its $10 billion JEDI contract with Amazon (AMZN) is great news for Microsoft (MSFT), IBM (IBM), and Oracle (ORCL).
Mark Mobius Warns of a Crash if Trump Loses in 2020
Mark Mobius has warned of a market crash if President Donald Trump isn’t reelected in 2020. Speaking with CNBC, he said, “I think the markets then will go haywire.”
Could Digital Tax Add Fuel to Trump’s Trade War?
India might place a digital tax on big tech companies. Taxing big tech companies is a good way for governments to increase their revenues.
Microsoft Partners with Oracle to Counter AWS Threat
Microsoft (MSFT) and Oracle (ORCL) have entered a strategic cloud partnership.
Federal Reserve Meeting: Yellen Calls for a Rate Cut
The Federal Reserve’s FOMC meeting is slated for July 30–31. Though it’s also earnings season, the meeting is bound to garner attention.
IBM Acquires Red Hat: Reiterates Blockchain and AI Ambitions
IBM has completed the acquisition of Red Hat, its largest acquisition to date.
IBM Rattles Internet Giants as Blockchain Goes Global
IBM’s blockchain innovations are starting to get noticed. Three banks have teamed up with mall owner Scentre Group to test its blockchain platform.
US and China Trade Talks Resume: Will We See Results?
The US and China trade talks will likely resume next week. So far, the two countries have stayed in contact through phone conversations. They reached a truce in June. US and China trade talks According to CNBC, “American trade negotiators will soon head to China for face-to-face talks as the world’s two largest economies try […]
Oracle Taps Blockchain to Strengthen Cloud Computing Offerings
Oracle’s new solutions signal the company’s growing focus on strengthening its cloud computing portfolio.
Trump Calls for Revisit of JEDI Contract amid Complaints
On Thursday, in response to a question about the JEDI contract, President Trump said he’d been hearing complaints.
IBM’s Q2 Earnings and Red Hat Acquisition
On Wednesday, IBM’s Q2 earnings came out after the market closed. The announcement followed IBM’s Red Hat acquisition earlier in July.
Trump’s Fed Nominees: Is the President Once Bitten Twice Shy?
Yesterday, in a series of tweets, President Donald Trump announced that he planned to nominate Christopher Waller and Judy Shelton to the Federal Reserve Board.
How Analysts Rate Symantec Stock
Symantec’s near-term sales and profits are projected to see increased growth.
Oracle Stock: Analysts’ Ratings, Market Cap, and Valuation
Of the 33 analysts covering Oracle (ORCL), eight have given the stock “buy” ratings, while 21 have given it “holds.” Four analysts have given the stock “sell” ratings.
Alibaba Retools Cloud Unit with Business Chat App
The internal restructuring that Alibaba (BABA) unveiled this month also affected its cloud computing business, one of its closely watched operations.
IBM Turns to Africa to Create Market for Its Quantum Computers
IBM (IBM) has launched a program to train African developers on quantum computing. The company has partnered with more than a dozen African universities to initially train a pool of 200 African students on quantum coding, it said in a press release. IBM’s quantum training program for African students will initially be offered in South Africa in partnership with the Wit University.
IBM’s Mainframe Ambition Suffers a Blow
IBM (IBM) has decided not to proceed with its mainframe venture with T-Systems after the German antitrust agency made a critical comment about the venture. IBM was poised to pay $962 million to take certain mainframe-related operations and talents from T-Systems.
IBM Cutting Jobs as Red Hat Deal Closing Nears
IBM (IBM) is planning to cut around 1,700 jobs.
IBM Is Making Inroads in Europe’s Cloud Market
At the moment, Amazon (AMZN) and Microsoft (MSFT) are in the lead in the European cloud market.
Will Pentagon Pick Amazon for $10 Billion Jedi Contract?
The Pentagon is expected to announce the winner of its $10 billion cloud computing contract known as Jedi next month.
Will Bridging Gender Pay Gap Deplete Nokia’s Cash Reserve?
Nokia (NOK) will raise the pay for some of its female workers to address its gender pay gap, Bloomberg reported.
IBM Takes a Blow in Patent Dispute with Priceline Parent
IBM’s (IBM) attempt to pin a patent infringement blame on Booking Holdings (BKNG) has suffered a blow.
Here’s What Awaits IBM in the EU Review of Its Red Hat Deal
EU antitrust regulators have opened a review of IBM’s (IBM) proposed acquisition of Red Hat (RHT), and their decision is expected by June 27.
IBM Wants to Transform Senior Homes with Vehicle Technology
IBM has teamed up with a technology-driven home care company to explore the use of autonomous car technology in elderly home care.
Is IBM Close to Completing Its Red Hat Acquisition?
IBM (IBM) is waiting for approval from European Union antitrust regulators for its $34 billion potential acquisition of Red Hat.
What’s in the Cloud Market for Alibaba?
More than $180 billion is up for grabs in the global cloud computing market this year, and Alibaba is one of the major contenders for this opportunity.
Alibaba Is Plotting Cloud Dominance
Alibaba (BABA) has taken the lead in Asia’s cloud computing market, and now it has its sights set on a global takeover.
How Is Symantec Stock Performing Compared to Its Peers?
Symantec stock plummeted ~12.5% on May 10, closing at $19.39 after it announced its fiscal 2019 fourth-quarter earnings results on May 9.
IBM Sets Its Sights on the $12 Billion Precision Farming Market
IBM (IBM) and Yara International (YARIY) are developing a digital farming platform they plan to launch later this year.
IBM Moves Closer to Clinching Red Hat
Early this month, federal regulators at the US Department of Justice cleared IBM (IBM) to proceed with its planned takeover of Red Hat (RHT).
Vodafone Recruits IBM for Its Cost-Cutting Efforts in India
Vodafone recently signed IBM on to provide it with cloud services that will allow it to cut costs and improve the customer experience for its more than 387 million subscribers in India.
Don’t Just Blame Berkshire’s Size for Its Underperformance
Berkshire Hathaway (BRK-B) has underperformed the S&P 500 Index (SPY) so far this year.
Buffett Expects a ‘Very Modest’ Outperformance of the Markets
In a recent interview with the Financial Times, Berkshire Hathaway CEO Warren Buffett shared his views on a variety of matters.
Buffett Keeps Markets Guessing about His Next ‘Elephant’
Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, has denied that the company is looking at buying PG&E Corporation (PGE).
Microsoft Is a Finalist in the Race for a $10 Billion Contract
Microsoft (MSFT) has made it to the short list of companies being considered for a lucrative cloud contract from the US Department of Defense.
Why Microsoft Bought Express Logic
Microsoft (MSFT) announced this month that it had acquired a San Diego startup called Express Logic for an undisclosed amount.
Is Intel’s Future Brighter after Modem Exit?
Intel (INTC) this month announced its intention to exit the smartphone modem business.
What Is Qualcomm Getting in Apple Settlement?
Qualcomm (QCOM) and Apple recently announced a surprise settlement of their epic legal dispute.
IBM’s Revenue Sank Again
IBM’s (IBM) stock was down over 4% on Wednesday, April 17, after it reported another disappointing set of numbers for the most recent quarter.
How Is Yandex’s Cloud Business Performing?
Yandex’s first-quarter earnings results will be the company’s first full-quarter financial results since it opened its cloud platform to everyone.