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 a more Read more
Tag: Cloud Computing
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve Read more
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve Read more
TikTok parent ByteDance aims to challenge Spotify, Apple with music streaming
TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify Technology SA SPOT, +1.28%, according to people with the discussions. Significant Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more
Move over, TikTok: Social media has ‘a new king in town’ in BeReal
Instagram and Snapchat have been sweating the effects of TikTok’s ascent, but now it seems they have another upstart rival to worry about. BeReal, which bills itself as a less-curated Read more
Why an analyst says sell these four big software stocks
Salesforce Inc.’s stock gets a lot of love on Wall Street, with 43 of the 49 covering analysts tracked by FactSet rating the shares the equivalent of buy. But Guggenheim Read more
California lawmakers kill bill that would have allowed tech companies to be sued over social-media addiction
California lawmakers killed a bill Thursday that would have allowed government lawyers to sue social-media companies for features that allegedly harm children by causing them to become addicted. The measure would Read more
These stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or Read more
These stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or Read more