Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
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Text size Microsoft plans to report earnings on Wednesday. Jeenah Moon / Getty Images As Microsoft will report earnings on Wednesday after the close of trading, Wall Street was frantically updating price targets and estimates on Monday to prepare for what could be better-than-expected results. Microsoft’s fourth fiscal quarter should …
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Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
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Text size Ina Fassbender / AFP via Getty Images Shares of Amazon.com were trading strongly higher on Monday in a pair of bullish analyst notes as Wall Street raises expectations ahead of the company’s earnings report to be released on July 30. The company is an obvious beneficiary of both …
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Text size Dominick Reuter / AFP via Getty Images Microsoft shares have climbed to new highs during the Covid-19 pandemic, as companies accelerate their adoption of cloud-based software. This has given a boost to both Azure, the company’s public cloud service, and cloud-based apps like Office 365 and Teams. How …
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