Technology - Page 2

Why Analysts Are Cutting Their Targets on IBM

International Business Machines Corp. (NYSE: IBM) reported first-quarter earnings results after markets closed on Tuesday. Overall this was a very weak quarter, despite the company managing to pull off a ...
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Lam Research Posts Handy Gain on Solid Earnings and Guidance

Shares of Lam Research Corp. (NASDAQ: LRCX) saw a handy gain on Wednesday after the company reported its most recent quarterly results late Tuesday. The company posted $2.80 in earnings per share ...
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4 Red-Hot Tech Stocks That JPMorgan Loves Into Earnings

Some have dubbed the current bull market as the “most hated” bull market ever. Despite its longevity, having started in March of 2009 and breaking out to a secular bull ...
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Google, Apple Race for Lead in Artificial Intelligence

Some of the biggest companies in the tech sector are making major bets on artificial intelligence (AI), also often called deep learning. Alphabet Inc. (NASDAQ: GOOGL) and Apple Inc. (NASDAQ: ...
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IBM Lurches Toward December Lows

Stung by poor earnings and analyst downgrades and price cuts, International Business Machines Corp. (NYSE: IBM) shares dropped to $162, almost 5%, Wednesday morning. This puts them near a recent ...
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As Watson Falters, IBM Needs to Replace CEO Rometty

International Business Machines Corp. (NYSE: IBM) has failed almost every test a turnaround can fail. Revenue across most of its units dropped. The top line fell for the 20th quarter in ...
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Yahoo Reports Earnings for the Last Time

Yahoo! Inc. (NASDAQ: YHOO) reported first-quarter 2017 results late Monday after markets closed. The internet portal posted adjusted diluted earnings per share (EPS) of $0.18 on revenue of $1.33 billion. ...
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IBM Stumbles on Mixed Earnings

International Business Machines Corp. (NYSE: IBM) reported first quarter earnings results after markets closed on Tuesday. The company said that it had $2.38 in earnings per share (EPS) and $18.2 ...
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Analyst Loves 3 Top Tech Stocks to Buy Before Q1 Earnings

Technology has had a nice run so far in 2017, and the big difference for investors is that many on Wall Street expect the results this quarter to be much ...
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RBC Joins Analyst Target Hike Brigade for Apple

Earnings season is about to come on full throttle, and many analysts have chimed in which of America's great corporate titans will be having good earnings and which are going ...
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Cloudera Sets IPO Pricing, Terms

Big data software firm Cloudera on Monday filed an amended Form S-1/A with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) to issue 15 million ...
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Where Is Watson? The Mystery Behind IBM’s Numbers

International Business Machine Corp. (NYSE: IBM) is about to announce earnings for the first quarter of 2017. Most eyes will be on Watson revenue. It is an umbrella brand, and ...
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Despite Share Price Drop, Apple Still DJIA’s Best Performing Stock of 2017

Shares of Apple Inc. (NASDAQ: AAPL) dropped $2.29 last week (about 1.6%), closing at $141.05 on Thursday. Markets were closed Friday. Even so, it remains the best-performing stock by a wide ...
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IBM Shares Stumble Ahead of Earnings

International Business Machine Corp.'s (NYSE: IBM) share price had matched the S&P 500 over the past year, after a long period of underperformance. But the stock has reverted to a ...
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Analyst Opines Amazon Could Be Worth More Than Microsoft

At the closing bell on Thursday, the market cap for Amazon.com Inc. (NASDAQ: AMZN) was $422.1 billion and the company was the fourth-largest U.S.-listed firm. The third-largest company by market ...
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