IBM Stock Drops 5% on Mixed Third Quarter Results
IBM stock is down over 5% after International Business Machines (NYSE:IBM) reported a mixed bag in its third-quarter earnings on Thursday. Total revenue of $18 billion USD for the three months ended September 30 represents a ... [Read]
MCK Stock Gains on Reports of $18 Billion Opioid Settlement
MCK stock is up nearly 5% amid reports that McKesson (NYSE:MCK), along with AmerisourceBergen (NYSE:ABC) and Cardinal Health (NYSE:CAH), is considering an $18 billion USD settlement to end lawsuits relating to its role in contributing to ... [Read]
Roku Stock Surges After Apple TV Arrives on Platform
Roku stock has gained 11.5% today after it made the Apple TV app available to users ahead of the launch of the new streaming service next month. Roku Stock Best Positioned to Take Advantage of ... [Read]
The Mobile Payments Battle: Which Stocks to Look Out For
Mobile payment stocks are definitely not a new arrival on the market. They’ve been around for a couple of years now, becoming increasingly popular as a generation of online shoppers grow up in an era ... [Read]
Apple Stock Hits All-Time High as Trade War Resolution Nears
Apple stock hit an all-time intraday high today of $237.64 as productive talks between US and Chinese representatives indicate that a resolution to Trump’s trade war may be in sight. Productive Trade Talks Provide Boost ... [Read]
Netflix Stock Boosted By Bullishness of Goldman Sachs
Netflix (NASDAQ:NFLX) has been backed by Goldman Sachs (NYSE:GS) analysts to see off the competition in the intensifying streaming wars, boosting Netflix stock by 4% on Thursday. Amid growing fears that the streaming giant could lose ... [Read]
BA Stock Grounded By Further Boeing 737 MAX Delays
BA stock took a hit yesterday after it emerged that there was “no prescribed timeline” for returning Boeing’s (NYSE:BA) 737 MAX aircraft to the skies after being globally grounded in the wake of two fatal ... [Read]
DPZ Stock Rallies on Buyback as Domino’s Reports Earnings
DPZ stock is up 4% today despite Domino’s Pizza (NYSE:DPZ) cutting its guidance following the release of its third-quarter earnings report. Earnings Disappoint as Company Cuts Guidance DPZ stock opened significantly lower today after the ... [Read]
GE Stock in the Red as Company Freezes 20,000 Pension Plans
GE stock is trading down today after General Electric (NYSE:GE) announced that it would be freezing 20,000 pension plans in an effort to cut its debt. GE shares have been on the slide for quite ... [Read]
Apple Stock Climbs on Unexpected Surge in iPhone 11 Demand
Apple stock is up nearly 3% today after a report from the Nikkei Asian Review stated that the company is increasing its production of the iPhone 11 by 10%. Apple Stock Climbs on Increased Chinese ... [Read]