Tech shakeout: Where to find the best value plays in the beaten-up sector
Technology stocks have plummeted toward multiyear lows in recent months as investors search for stable, reliable earnings. The tech-heavy Nasdaq Composite sits 25.2% off its…
International Business Machines Corp
Activist investors take aim at cloud software after market swoon
Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the…
Alphabet stock split could pave the way for addition to the Dow Jones Industrial Average
A Google sign is pictured during the company’s presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, August 31, 2021. Annegret…
Microsoft forecast spurs relief rally and shows top companies positioned to weather rising inflation
Microsoft is generating billions in cash from operations each quarter, and that could help it stand up to higher interest rates, one investor said.
Stocks making the biggest moves midday: American Express, General Electric, IBM and more
Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell more than 6% after the company missed revenue…
5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower with Nasdaq pacing for 2% decline Traders on the…
Stocks making the biggest moves in the premarket: 3M, Johnson & Johnson, General Electric and more
Take a look at some of the biggest movers in the premarket: 3M (MMM) – 3M rose 1.9% in the premarket after reporting quarterly earnings of $2.31 per share, 30 cents a share…
IBM shares jump after company reports 6% revenue growth in fourth quarter
SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference on June 16, 2016 in New York City. Brian Ach | Wired | Getty Images IBM…
Earnings playbook: A complete guide to this week’s reports, including the first of tech
Microsoft, Tesla and Apple will release quarterly results, alongside a handful of other tech firms. McDonald's and Boeing will also offer updates.
Tech stocks just had their worst week since March 2020 as Peloton and Netflix scared investors
A man walks in front of a Peloton studios on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Peloton fell below its IPO price, Netflix suffered its…
Markets are expected to remain on edge as the Fed meets in the week ahead
Traders on the floor at the NYSE, Jan. 13, 2022. Source: NYSE Market turbulence is likely to continue in the week ahead as the Federal Reserve meets and the biggest of big tech…
Microsoft sets record for biggest tech deal ever, topping Dell-EMC merger in 2016
Satya Nadella, CEO of Microsoft. Charles Pertwee | Bloomberg | Getty Images Microsoft tried to set a record in 2008, when then-CEO Steve Ballmer pursued plans to buy Yahoo for…
Stocks making the biggest moves midday: General Electric, Rivian, Illumina and more
Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day…
Investing Club: What Jim Cramer is watching Tuesday, including big calls on Apple and IBM
A man passes by iPhone 13 Pro ad on an Apple storefront in Krakow, Poland on September 30, 2021. Jakub Porzycki | NurPhoto | Getty Images (This article was sent first to members…
Stocks making the biggest moves in the premarket: Illumina, Rivian, Juniper Networks and more
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting…
Here are Monday’s biggest analyst calls of the day: Tesla, Amazon, SolarEdge, Apple, Exxon & more
Here are the biggest calls on Wall Street on
Jim Cramer: Micron practically carried ‘the whole market on its back’ Tuesday after its strong quarter
Wall Street rallied sharply Tuesday, snapping a three-day losing streak, and CNBC’s Jim Cramer believes the quarterly results from Micron Technology played a part in…
Oracle’s Larry Ellison makes biggest deal ever, but he’s buying profit over growth
Oracle Chairman and Chief Technolgoy Officer Larry Ellison delivers a keynote address during the Oracle OpenWorld conference in San Francisco on October 22, 2018. Justin Sullivan…
MongoDB shares jump as revenue growth accelerates
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC Shares of database software maker MongoDB were up as much as 18% in extended trading on Monday after issuing fiscal…
HashiCorp aiming for $13 billion valuation in IPO, according to updated prospectus
HashiCorp employees at the start-up’s HashiConf conference in San Francisco in October 2018. HashiCorp Cloud software vendor HashiCorp updated its IPO prospectus on Monday,…
Best trades on CNBC Wednesday: Cathie Wood on Bitcoin, Zoom Video and Tesla, and the best energy picks from the pros
Recap of the best stock picks on CNBC Wednesday
Google’s Australia investment could be a big boost for the nation’s A.I. scene
People gather for picnics beside the Harbour Bridge in the suburb of Kirribilli on September 19, 2021 in Sydney, Australia. Covid-19 restrictions have eased for people in NSW who…
IBM CEO says inflation fears could trigger ‘some chaos’
IBM CEO Arvind Krishna Source: CNBC IBM CEO Arvind Krishna has told CNBC he’s “always worried” about inflation and warned of possible disruption ahead.…
Splunk stock plunges as CEO Doug Merritt steps down
Doug Merritt, CEO, Splunk Scott Mlyn | CNBC Shares of data-analytics software maker Splunk were down as much as 19% after the company said CEO Doug Merritt was stepping down and…
Credit Suisse names a raft of U.S. and European stocks to buy as inflation fears spike
Credit Suisse has updated its global equities strategy, picking the stocks it expects to outperform as headwinds to growth mount.
Cloud software vendor HashiCorp files for IPO as investors pour money into high-growth tech stocks
HashiCorp employees at the start-up’s HashiConf conference in San Francisco in October 2018. HashiCorp HashiCorp, whose software helps developers manage cloud…
Businesses have until after the holidays to implement Biden Covid vaccine mandate
US President Joe Biden gives an update on the Covid-19 response and vaccination program, in the Roosevelt Room of the White House in Washington, DC, on October 14, 2021. Nicholas…
Federal contractors get broad flexibility to enforce Covid vaccine rules for millions of workers
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. Mike Stone | Reuters Federal contractors will have broad leeway to…
82% of workers say AI can support career growth better than humans: Oracle survey
For workers reconsidering their jobs amid the Great Resignation triggered by the pandemic, there is a new trusted source of career advice: artificial intelligence. Though…
Adobe will put U.S. employees on unpaid leave if they’re not vaccinated by Dec. 8
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Software company Adobe told U.S. employees Friday that they have to be…