Earnings Outlook: IBM has been talking up AI, but here’s what investors should really focus on in earnings
IBM may be hitching to the AI bandwagon with WatsonX but analysts are more interested in Big Blue's growth at Red Hat.
: Women’s World Cup: Australian team targets FIFA over prize money inequity
$110 million of basic prize money will be awarded at the Women’s World Cup, significantly less than the $440 million award at the Qatar World...
Market Extra: As the Dow hits 2023 high, one of the oldest stock-market forecasting tools is making a comeback
One of the oldest methods used to anticipate where the U.S. stock market might be heading is making a comeback in 2023 as the Dow...
: Threads continues to unravel in usage
After a red-hot start that saw it accumulate 100 million users in five days this month, Meta Platforms Inc.’s META alternative to Twitter, Threads, continued...
: Shopify stock drops after analyst ends bullish call
Shares of Shopify Inc. SHOP were falling about 1% in after-hours activity Monday after Evercore ISI analyst Mark Mahaney cut his rating on the e-commerce...
: Masimo stock gets hit by weaker sales, fewer hospital patients
Shares of Masimo Corp. MASI on Monday tumbled 25% after hours after the hospital-equipment maker forecast second-quarter sales that were far below estimates and tempered...
: Advance Auto Parts gets ‘mini-tender’ offer from Canadian investment company
Advance Auto Parts Inc. AAP said late Monday that Canada’s TRC Capital Investment Corp. has made an unsolicited “mini-tender,” or less than 5% of the...
: Warren Buffet’s Berkshire Hathaway cuts Activision Blizzard stake
Warren Buffett’s Berkshire Hathaway Inc. BRK.BBRK.A has cut its stake in videogame publisher Activision Blizzard Inc. ATVI to 1.9%, according to a securities filing late...
: Raytheon, Northrop Grumman get U.S. defense contract to keep testing hypersonic weapons
Weapons developers Raytheon and Northrop Grumman Corp. NOC have been awarded a U.S. Defense Department contract to continue testing and building out ultra-high-speed hypersonic missile...