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Warner Bros. Discovery lost a key media rights deal with the NBA...
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ServiceNow's (NOW) second-quarter 2024 results reflect a strong uptake of the company's digital workflow and growing demand for generative AI solutions...
Continue ReadingFord’s second-quarter adjusted earnings miss Wall Street expectations and the stock sinks, shares of Tesla rise, IBM posts better-than-expected profit, and American Airlines issues a profit warning but the carrier trades higher...
Continue ReadingIBM's (IBM) AI bookings grew by over $2 billion in the second quarter, contributing to its earnings beat reported on Wednesday. Synovus vice president and senior portfolio manager Dan Morgan told Yahoo Finance that International Business Machines just has "a different strategy towards AI and cloud than a lot of these other companies do." The Morning Brief team examines IBM's earnings figures out from its software and generative AI segments. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...
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(Bloomberg) -- With a cash hoard that’s expected to top $100 billion this year, conditions have never been more favorable for Amazon.com Inc. join its megacap peers in returning cash to shareholders, including by potentially breaking the seal on a dividend.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street’s Great Rotation Resurfaces After GDP: Market...
Continue ReadingThe Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage...
Continue ReadingASE Technology Holding Co (NYSE:ASX) reported a fiscal second-quarter 2024 net revenue growth of 2.9% year-on-year to 140.24 billion New Taiwan dollars ($4.35 billion), missing the analyst consensus estimate of $4.51 billion. The revenue of the Apple Inc (NASDAQ:AAPL) chip supplier grew by 5.6% quarter-on-quarter. Net revenues for ATM (assembly, testing, and material) business was 77.81 billion New Taiwan dollars, up by 2.2% Y/Y and 5.3% Q/Q. EMS (electronic manufacturing services) net revenues...
Continue ReadingThe Dow Jones Industrial Average declined 1.3% Wednesday, undercutting the 40,000 level as well as short-term technical support. Earnings news will play a key role in whether the index drops to test its 50-day moving average on Thursday, as the Dow nears the halfway point in its second-quarter earnings season...
Continue ReadingIBM stock Rose after the company reported second quarter earnings and sales ahead of analyst expectations...
Continue ReadingCHICAGO, July 25, 2024--GE HealthCare (Nasdaq: GEHC) and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (Nasdaq: AMZN), today announced a strategic collaboration to develop purpose-built foundation models and generative artificial intelligence (AI) applications designed to help clinicians improve medical diagnostics and patient care. GE HealthCare has selected AWS as its strategic cloud provider and plans to use its healthcare and generative AI services to build and implement new,...
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