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IBM reported non-GAAP (adjusted) earnings per share of $2.30 on revenue of $14.97 billion in Q3. Meanwhile, the average analyst estimate had called for an adjusted profit of $2.23 per share on ...
The S&P 500 and Dow erased earlier losses to close higher. Investors are eyeing fourth-quarter earnings as a potential catalyst to spark a rebound in the stock market.
The fourth-quarter earnings report exceeded Wall Street's expectations, and management issued optimistic guidance for the next year as well. Why IBM's Stock Jumped as Much as 10% Higher Today Skip ...
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So far, 37% of S&P 500 companies have reported earnings results. Of those companies, 78% beat profit estimates by a median of 6%, while 58% beat revenues estimates by a median of 2%, according to ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
Indexes slid on Thursday, heading for a second day of declines as big tech earnings fail to impress investors so far. The S&P 500 and Nasdaq both slid, and the Dow Jones Industrial Average lost ...
The index is expected to show inflation rose in-line with the prior month at 2.5%. Here's where US indexes stood at the 4 p.m. closing bell on Thursday: S&P 500 : 5,591.96, down 0.001%