IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.
Kategorie-Archiv: CNBC Financial News
Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‚vehicle growth‘ next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.
Watch live as CFTC Chairman Rostin Behnam speaks at DC Fintech Week
The chairman of the Commodities Futures Trading Commission will speak in Washington, D.C. on Wednesday.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the 30-stock Dow posted back-to-back losses on Tuesday, while the Nasdaq outperformed. Here’s what CNBC is watching going into Wednesday.
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
The company’s stock was tracking for a record close and clinched a fresh intraday record.
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.
Crypto firm Circle expects the UK to introduce stablecoin laws in ‚months, not years‘
„I think we’re within months, not years“ of formal U.K. stablecoin laws being introduced, crypto firm Circle’s top policy executive told CNBC.
New Boeing CEO sets sights on ‚leaner‘ future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company’s market value to nearly $300 billion.