• Stocks rally for a second day as earnings season rolls on

    5 monthes ago - By Business Insider

    Stocks rose for a second day Tuesday on better-than-expected earnings reports and as markets shrugged off the latest rise in US-China trade war tensions. The S&P 500 rallied nearly 1.25%, led by Netflix.
    Here's the scoreboard:
    Dow Jones Industrial Average : 24,786.63 +213.59
    S&P 500 : 2,710.95 +33.11
    AUD/USD : 0.7770 -0.0011
    ASX 200 SPI futures: 5,841.5 +21.0 +0.36%
    Earnings season rolls on. Goldman Sachs reported earnings that beat analyst expectations by a long shot. Netflix surged about 9% on last night's earnings report , which showed it added nearly seven and a half million...
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  • IBM down more than 5% despite delivering a beat in quarterly earnings

    IBM down more than 5% despite delivering a beat in quarterly earnings

    5 monthes ago - By Business Insider

    IBM shares fell more than 5% on Tuesday after the company announced its first quarter 2018 earnings.
    IBM actually beat analyst expectations on both revenue and earnings per share for the quarter, but Wall Street didn't take lightly to its $0.04 miss on expectations for full-year 2018 earnings per share.
    Here's what the company reported:
    Revenue for the quarter was $19.07 billion, up 5% from the year before, though up 0% when adjusted for currency changes. This is compared to analyst expectations of $18.82 billion.
    Q1 EPS were $2.45, up 4% from the year before. This is compared to analyst...
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  • IBM down more than 5% despite delivering a beat in quarterly earnings

    IBM down more than 5% despite delivering a beat in quarterly earnings

    5 monthes ago - By Business Insider

    IBM shares fell more than 5% on Tuesday after the company announced its first quarter 2018 earnings.
    IBM actually beat analyst expectations on both revenue and earnings per share for the quarter, but Wall Street didn't take lightly to its $0.04 miss on expectations for full-year 2018 earnings per share.
    Here's what the company reported:
    Revenue for the quarter was $19.07 billion, up 5% from the year before, though up 0% when adjusted for currency changes. This is compared to analyst expectations of $18.82 billion.
    Q1 EPS were $2.45, up 4% from the year before. This is compared to analyst...
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  • Earnings Preview: What To Expect From IBM On Tuesday

    Earnings Preview: What To Expect From IBM On Tuesday

    5 monthes ago - By Forbes

    IBM is expected to earn $2.43/share on $18.65 billion in revenue. Meanwhile, the so-called Whisper number is $2.42.
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