IBM Shares Surge 8% After-Hours on Strong Q4 Results
IBM shares surged by 8% in after-hours trading following the announcement of its fourth-quarter results, which surpassed Wall Street’s expectations. The tech and services provider reported earnings per share of $3.87, adjusted, compared to the expected $3.78, and revenue of…
Jim Cramer’s Insights on Uncertain Earnings Season and Fed’s Interest Rate Decision
CNBC’s Jim Cramer has indicated that the start of the earnings season has been uneven, making it difficult to predict the Federal Reserve’s decision on interest rates in March. Cramer likened the current situation to being on a battlefield, where…
Intel Set to Announce Fourth-Quarter Earnings Amid Anticipation of Chipmaker’s Performance
Intel is set to announce its fourth-quarter earnings on Thursday, with investors eagerly anticipating the chipmaker’s performance. The focus is expected to be on Intel’s foundry business and the sales figures for its recently launched processors. Last quarter, Intel reported…
Texas Instruments Misses Q4 Analysts’ Revenue Estimates
Breaking News Published: Jan 23, 2024 04:05PM ET | Updated: Jan 23, 2024 04:31PM ET Texas Instruments (NASDAQ:TXN) Misses Q4 Analysts’ Revenue Estimates Analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell short of analysts’ expectations in Q4 FY2023, with revenue down…
Futures Edge Higher As Netflix Leads Earnings Winners
BREAKING: Futures Edge Higher As Netflix Leads Earnings Winners Intuitive Surgical Surges To A Record High With Rivals On The Horizon ‘Unlikely To Derail’ It Licensing Intuitive Surgical (ISRG) will continue to dominate the growing robotic surgery market, an analyst…
Netflix Secures Multibillion-Dollar Deal for Exclusive Rights to W.W.E.’s ‘Raw’
Netflix has made a groundbreaking move by securing a 10-year, multibillion-dollar deal for the exclusive rights to W.W.E.’s flagship weekly wrestling show, ‘Raw.’ This partnership marks a significant expansion of live content for the streaming service, with ‘Raw’ scheduled to…
GE Announces Strong Fourth Quarter 2023 Results
GE Announces Strong Fourth Quarter 2023 Results January 23, 2024 General Electric (NYSE: GE) has reported its fourth-quarter results for 2023, showcasing a robust performance and setting the stage for the launch of GE Aerospace and GE Vernova as independent…
Johnson & Johnson Reports Strong Fourth-Quarter Performance Despite Stock Drop
Johnson & Johnson (NYSE:JNJ) experienced a slight drop in its stock value despite reporting a strong fourth-quarter performance. The global healthcare giant saw a 7.3% year-over-year increase in revenue, reaching $21.4 billion, surpassing estimates by $380 million. Additionally, its earnings…
United Airlines Reports Fourth-Quarter Earnings Exceeding Expectations
United Airlines Holdings Inc. (UAL) has reported fourth-quarter earnings of $600 million, exceeding Wall Street expectations. The Chicago-based company announced that it had net income of $1.81 per share, with adjusted earnings of $2 per share, surpassing the average estimate…
Sharekhan Recommends Buy Rating on Reliance Industries with Target Price of Rs 3130
Sharekhan, a prominent brokerage firm, has expressed a bullish outlook on Reliance Industries, recommending a buy rating on the stock with a target price of Rs 3130 in its recent research report dated January 19, 2024. The report, issued on…