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International Business Machines Corporation (NYSE: IBM ) stock fell more than 3% on Wednesday despite gains in the broader market and technology stocks. The Nasdaq rose 0.67%, while the S&P 500 gained 0.31%. According to Pro, IBM shares are trading lower amid possible profit-taking. The company recently finalized its $
U.S. stocks were mostly lower by midday Monday, while the New York Fed’s Empire State Manufacturing Index rose to 20.6 in August from 15.6, above the 11 consensus.
Apple Inc.’s (NASDAQ: AAPL ) latest earnings showed us that even strong quarterly results can take a back seat when guidance disappoints. The iPhone maker’s shares fell more than 9%on Friday after it forecast slower-than-expected revenue growth for the current quarter, citing supply constraints in advanced chips and me
Microsoft Corp (NASDAQ: MSFT ) stock gained almost 3% on Friday as investors continue to lean into strong cloud demand and upbeat AI adoption signals, even while the Technology sector is down 0.7% and the S&P 500 is up 0.2%. The latest earnings snapshot showed a 14th straight "double beat," with quarterly revenue of $9
The first half of 2026 saw the market shift from anticipation of rate cuts to a "higher-for-longer" stance, while navigating changes in Federal Reserve leadership and communication style. Still, what the market may not be fully discounting is the possibility of an outright rate hike. The CME FedWatch tool sees just ove
State Street Technology Select Sector SPDR ETF is among the gainers, while Real Estate and Materials SPDR ETFs are among the losers