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July 28, 2021

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Stocks making the biggest moves premarket: Travelers, Halliburton, IBM, PPG & more

CNBC
CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Travelers – The insurance company earned $3.45 per share for its second quarter, easily beating the consensus estimate of $2.39. Revenue also topped forecasts, with Travelers benefiting from higher premiums, improved investment......

IBM shows strongest revenue growth in three years

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CNBC – For more and to sign up click here Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired |......

Earnings could be the biggest driver for markets in the week ahead as investors watch bonds

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to......

Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and more

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CNBC – For more and to sign up click here Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 4% after announcing founder Sir Richard Branson will be aboard its......

IBM President Jim Whitehurst steps down less than two years after he joined through Red Hat acquisition

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CNBC – For more and to sign up click here Jim Whitehurst, CEO of Redhat and Ginni Rometty, CEO of IBM discuss IBM’s acquiring Redhat. Adam Jeffery | CNBC IBM shares fell as much as 5% on Friday after the enterprise software and hardware maker said that its president, Jim......

The great value rotation in the stock market may already be over as investors embrace tech again

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CNBC – For more and to sign up click here Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Is the great value rotation over?  The S&P 500 is at a historic high, but investors who earlier this year overweighted their portfolios into reopening stocks......

IBM tells U.S. employees they will return to the office in September

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CNBC – For more and to sign up click here A sign marks the entrance to IBM Corporate Headquarters in Armonk, New York. Stan Honda | AFP | Getty Images IBM’s U.S. employees will go back to the office the week of Sept. 7, according to a memo sent to......

With cyberattacks on the rise, organizations are already bracing for devastating quantum hacks

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CNBC – For more and to sign up click here Amidst the houses and the car parks sits GCHQ, the Government Communications Headquarters, in this aerial photo taken on October 10, 2005. David Goddard | Getty Images LONDON — A little-known U.K. company called Arqit is quietly preparing businesses and......

Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies

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CNBC – For more and to sign up click here A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE), Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Last year at this time,......

LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million

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CNBC – For more and to sign up click here Seven years after spinning out of LinkedIn, cloud software developer Confluent is going public. Confluent, which sells software that developers can use to quickly move data for use inside applications, filed its IPO prospectus on Tuesday, seeking to become the......

Covid vaccine passports: Everything we know so far

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CNBC – For more and to sign up click here In this photo illustration, a message saying “COVID-19 PCR test result has been verified, of Travel Pass app mobile application by IATA (International Air Transport Association) seen displayed on a smartphone screen in front of IATA logo. Pavlo Gonchar |......

Google leads court filing supporting tens of thousands of U.S. visa-holders’ ability to work

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CNBC – For more and to sign up click here Google is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas, the high-skilled visa that’s common in the tech industry. Companies across the tech industry, which has been historically vocal in......

Palantir hires former IBM Watson Health exec as its first US government chief medical officer

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CNBC – For more and to sign up click here A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE), Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Palantir has hired its first......

Jim Cramer picks 10 dividend stocks that could benefit from Biden’s capital gains tax proposal

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CNBC – For more and to sign up click here For investors growing concerned that President Joe Biden will move to raise levies on investment gains, CNBC’s Jim Cramer on Tuesday offered a strategy to avoid the potentially higher tax geared toward the wealthy. “If you’re worried about Biden’s plan......

It’s not NBA Top Shot, Beeple or a tweet, but IBM thinks patents should be NFTs

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CNBC – For more and to sign up click here The United States Patent and Trademark Office (USPTO) is seen in Alexandria, Virginia, U.S., September 1, 2020. Andrew Kelly | Reuters If there’s a way to take the fun out of the craze in non-fungible tokens, IBM may have just......

Stocks making the biggest moves in the premarket: Kansas City Southern, AutoNation, IBM & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Kansas City Southern (KSU) – Shares of the rail operator surged 18.9% in premarket trading, after Canadian National Railway (CNI) offered $325 per share in cash and stock......

Stocks making the biggest moves after the bell: IBM, United Airlines, Zions Bancorp & more

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CNBC – For more and to sign up click here Pedestrians walk past the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: IBM — Shares of the computer hardware company ticked up 2.9% after IBM reported better-than-expected results......

IBM beats across the board, posts revenue growth after four quarters of declines

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CNBC – For more and to sign up click here SVP and Director at IBM Research Arvind Krishna speak on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Getty Images IBM shares rose 4% in extended trading on Monday after......

Cramer’s week ahead: The impact of inflation and the reopening as earnings season accelerates

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CNBC – For more and to sign up click here Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Friday that the “real earnings” season will get underway Monday after the major banks posted their quarterly results earlier this week. “We’re actually going to get the impact of both......

Concerns over inflationary pressure on earnings will test stocks in the week ahead

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in......

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