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IBM Reports Strong Q1 Earnings, Shares Surge By 3%
IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. -
Netflix Plans To Launch Cheaper Subscriptions With Ads, Shares Dip Even Further
Nearly $50 billion was wiped out from the company's market capitalization after its stock dropped by more than 35%. Nearly $50 billion was wiped out from the company's market capitalization after its stock dropped by more than 35%. -
Streaming Stocks Drop After Netflix Reported Subscriber Decline
Stock prices of Netflix's competitors, including Roku, Paramount, and Disney, fell sharply after the streaming service forecasted additional losses in subscribers in the coming quarters. Stock prices of Netflix's competitors, including Roku, Paramount, and Disney, fell sharply after the streaming service forecasted additional losses in subscribers in the coming quarters. -
AT&T Stock Skyrockets Following Confirmation Of Mega-Merger
AT&T's stock surged by nearly 8% Monday, while the new merged company's stock climbed by 1.3%. AT&T's stock surged by nearly 8% Monday, while the new merged company's stock climbed by 1.3%. -
Alibaba Raises Buyback Program To Record $25 Billion
The increase of its buyback program comes as Alibaba still faces pressure from increased regulatory scrutiny and decreased growth. The increase of its buyback program comes as Alibaba still faces pressure from increased regulatory scrutiny and decreased growth. -
Stimulus Check Update: Who Will Get Payments In 2022?
Not exactly a fourth stimulus check, but this payment should act like one. Not exactly a fourth stimulus check, but this payment should act like one. -
Warren Buffet Increases Stake In Occidental Petroleum By Nearly $1 Billion
Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. -
Airline Stocks Plummet As Jet Fuel Prices Surge
Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. -
Estimated $70 Billion Wiped From Russian Stock Market Following Invasion
The Russian stock market crash wiped out an estimated $70 billion from the values of major Russian companies. The Russian stock market crash wiped out an estimated $70 billion from the values of major Russian companies. -
Bitcoin, Ethereum Plunge Following Russian Invasion Of Ukraine
Bitcoin dropped by more than 6.6% Thursday following Russia's invasion of Ukraine. Bitcoin dropped by more than 6.6% Thursday following Russia's invasion of Ukraine.