Microsoft Corp. wrapped up a record year on Wednesday by announcing record quarterly earnings, but stocks still dipped from near-record highs in post-close trading. Microsoft MSFT, + 1.43% reported fourth-quarter tax earnings of $ 11.2 billion, or $ 1.46 a share, on revenue of $ 38 billion on Wednesday, after …
Read More »
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 …
Read More »
Shares of International Business Machines Corp. gained Monday night, after the tech giant reported another decline in revenue, but produced more profits and sales than Wall Street expected amid the COVID pandemic- 19. IBM IBM, + 1.00% reported second-quarter net income of $ 1.36 billion, or $ 1.52 per share, …
Read More »
To date, this earnings reporting season has lived up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer better news in the coming week. Tesla Inc. TSLA, + 0.01%, Microsoft Corp. MSFT, -0.51%, and Intel …
Read More »
Data from China, a Twitter hack, geopolitical tensions and worries about viruses are scaring investors out of stocks on Thursday, with more earnings and weekly unemployment claims ahead. Markets encouraged positive news about vaccines just a day earlier. The week has also seen the Nasdaq Composite COMP, + 0.59% wobble, …
Read More »