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Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Wednesday, Jul. 22, including Alphabet (GOOG, GOOGL) and Tesla (TSLA) quarterly earnings results.
The first components of an ASML next-generation chipmaking tool arrived at New York state's Albany NanoTech Complex on Tuesday, the governor's office said. The NanoTech complex will use the tool to conduct research and development on future forms of chip design and manufacturing. The NanoTech facility is the only one of its kind in North America, according to NY Creates Director Dave Anderson, and is similar in scope and focus to Europe's Imec, which operates in Belgium.
The company recently announced some weaker-than-expected earnings and hinted at more potential trouble ahead.
Today Earnings (a.m.): General Motors, Charles Schwab, Danaher, 3M, Equifax, Hasbro, Northrop Grumman, Halliburton Earnings (p.m.): Chubb, Capital One, Interactive Brokers Economic data: ADP weekly ...
Tesla, Alphabet, IBM, Texas Instruments, and Intel headline a pivotal earnings week as weakening technical signals suggest the tech rally may need time to consolidate.
IBM stock's dramatic loss last week, fueled by a big earnings and revenue miss, is forcing investors to reconsider whether their position sizes are appropriate for the stock and the market environment. IBM stock piqued the interest of investors after a late May rally when the tech giant won a federal quantum computing grant. The stock soared to a high of 332.46 in June, but reversed some of those gains afterward. The stock is typically considered a steady, blue-chip entry into technology, enjoying institutional support from the market.
Wall Street heads into a pivotal week with investors preparing for a flood of corporate earnings, major artificial intelligence announcements and lingering geopolitical tensions that have pushed oil prices above $90 a barrel. The spotlight will be on Wednesday's earnings from Alphabet Inc...
STOCKS Investors are kicking off the trading week with AI bubble anxieties seemingly in the rearview mirror, pushing chip stocks higher and powering a nearly 1% advance in the Nasdaq composite. The gains come despite Alibaba previewing its new artificial-intelligence model-the second time in a week that China has flexed its advances in AI.
US stock futures pointed higher on Monday as attention turned to a bumper week of Big Tech earnings, even with the US-Iran conflict grinding into its tenth day. Dow futures edged up 0.2%, S&P 500 contracts added 0.3%, and the Nasdaq-100 popped 0.7%, a welcome bounce after a bruising week...
July 20 (Reuters) - U.S. stock index futures rose slightly on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-
Today Earnings (a.m.): Domino’s Pizza, AMC Entertainment Holdings Earnings (p.m.): Steel Dynamics Economic data: U.S. leading economic indicators report for June Tomorrow Earnings: General Motors, ...
Alphabet, Tesla, and Intel are among the key companies reporting their second-quarter results later this week.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including earnings results out from Alphabet (GOOG, GOOGL), Tesla (TSLA), General Motors (GM), and Intel (INTC).
IBM’s board faced an uncomfortable decision after learning that the company’s second quarter had fallen well short of expectations. Directors can now take a breather and wait until the scheduled earnings release and let executives explain the results in detail. Or they could warn investors ...
After a steep post-update decline, IBM now has one earnings report to rebuild investor confidence.
Markets face a potentially volatile week as AI bubble fears intensify amid concerns that technology sector repricing has not yet reached equilibrium, coinciding with earnings season ramping dramatically through late July.
With Oppenheimer's downgrade and a complete withdrawal of its price target following IBM's 25% single-day post-earnings drop, where will IBM go from here? Investors are wondering.
Plus, what happens when you give an AI agent access to your passwords, tech executives fear for their lives amid AI backlash, how not to charge your phone, and more.
(Bloomberg) -- After last week’s wipeout in chips and the broader selloff in technology stocks, pressure is building for the biggest spenders on artificial intelligence to justify their expenditures to beleaguered traders with increasingly itchy fingers hovering over their sell buttons.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz
A week of tech stock crashes!
The problem for IBM Chief Executive Arvind Krishna is that things are going too fast and too slow—all at the same time—and he’s stuck in the middle. Krishna bet big on a hybrid-cloud approach in response to the rise of hyperscalers and has long sold investors on IBM’s role in quantum computing—a next-generation technology he says is three to five years away. While the biggest tech companies’ cloud businesses have helped position them to adapt to AI, many, like Krishna, find themselves trying to manage legacy businesses even as they struggle to keep pace with emerging, pure-play rivals.
Investing.com -- Profit-taking in AI names, a decline in IBM, and a disappointing Netflix outlook have helped push markets lower this week, while rising oil prices offered one of the few pockets of strength.
The most dangerous moment for a stock is rarely when the skeptics pile on. It is when the last true believer quietly heads for the door. Wall Street runs on a simple hierarchy. There are the analysts who never liked a company, the ones who flip with the wind, and the rare few who plant a flag and ...
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