Browsing: Stock

US stock futures edged higher as investors awaited a second batch of inflation data to follow Tuesday’s soft consumer price report and another wave of second quarter earnings

Shares ofInternational Business Machines(NYSE: IBM) plunged on Tuesday after the tech giant warned of a projected profit shortfall

Stock futures were little changed in overnight trading Tuesday after a rally fueled by softer-than-expected inflation data

Shares of global financial services giant Citigroup (NYSE:C) fell 4.9% in the afternoon session after it reversed an early gain as it reported second-quarter results. 

IBM (IBM) ended trading Tuesday down more than 25%, its worst drop since at least 1968, after the company preannounced earnings that fell well below Wall Street’s expectations

IBM (IBM) stock collapsed more than 25% on Tuesday, its worst drop in decades, after the company preannounced earnings that fell well below Wall Street’s expectations, as customers shifted spending away from software and mainframe products and toward AI servers and memory

As of noon today, the S&P 500 (SNPINDEX:^GSPC) rose 0.26% to 7,535.12, the NasdaqComposite (NASDAQINDEX:^IXIC) climbed 0.81% to 26,083.42 on tech strength, and the Dow JonesIndustrial Average (DJINDICES:^DJI) sank 0.19% to 52,401.14 thanks mostly to one name

Shares of the tech giant crashed 20% in premarket trading after an unexpected pre-earnings warning from the company

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Nvidia is navigating a complex landscape of geopolitical tensions and stricter export controls while preparing for a significant earnings week alongside major banks. The company is tightening its buyer list in Asia due to U.S. chip controls, impacting its customer base and operations