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? Tesla (TSLA): Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automotive sales continuing to fall. ↗️ Alphabet (GOOGL): The Google and YouTube parent reported a jump in revenue driven by growth in its cloud division...
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CNBC's Jim Cramer, host of Mad Money, ended his show by issuing some advice to the hedge funds shorting Kohl's: "Cover and move on."...
Continue Reading(Reuters) -A U.S. federal appeals court on Wednesday rejected claims by Apple customers that the iPhone maker gave them less iCloud data storage than they paid for when upgrading. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in San Francisco said reasonable consumers in the proposed class action would not have been misled by Apple's promises about storage capacity in its iCloud+ plans. The plaintiff Lisa Bodenburg said she paid $2.99 a month for 200 GB of storage, believing Apple would add it to the 5 GB that all iCloud customers receive, and was shortchanged because Apple gave her only 200 GB of total storage, not 205 GB...
Continue ReadingTechnology and consulting giant IBM (NYSE:IBM) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 7.7% year on year to $16.98 billion. On the other hand, next quarter’s revenue guidance of $15.72 billion was less impressive, coming in 2.3% below analysts’ estimates. Its non-GAAP profit of $2.80 per share was 5.5% above analysts’ consensus estimates...
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IBM reported better-than-expected earnings results for its latest quarter. “The innovation we are bringing to market across the portfolio continues to resonate with clients as they scale their AI adoption and investments,” IBM Chief Financial Officer James Kavanaugh said in the press release. The stock’s rally this year set a high bar for results and IBM shares were down as much as 6% following the release...
Continue ReadingInternational Business Machines Corp. (NYSE:IBM) released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: IBM reported quarterly earnings of $2.80 per share, which beat the Street consensus estimate of $2.64. Quarterly revenue came in at $16.977 billion, which beat the consensus estimate of $16.576 billion. Read Next: Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To ‘Own’ IBM re...
Continue ReadingThe tech company’s investments in artificial intelligence are helping it stay agile as customers continue to shift their spending to keep up with a shifting macroeconomic environment...
Continue ReadingNew solution combines vulnerability insights and intelligent app updates to automate remediation and reduce operational overheadMIAMI, July 23, 2025 (GLOBE NEWSWIRE) -- Kandji, the Apple endpoint security platform, today announced Vulnerability Response, a new feature within their Vulnerability Management product that enables customers to configure accelerated software updates for over 200 Mac applications based on the severity of detected vulnerabilities. With the launch of Vulnerability Respon...
Continue ReadingARMONK, N.Y. (AP) — International Business Machines Corp. IBM) on Wednesday reported second-quarter profit of $2.19 billion. On a per-share basis, the Armonk, New York-based company said it had profit of $2.31...
Continue Reading(Reuters) -IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the mainframe business spurred by AI upgrades. "You're seeing the stock pull back, because there's just not a lot of room to miss," said Dan Morgan, senior portfolio manager at Synovus Trust, which holds shares in IBM. IBM's software segment, which has traditionally been a bright spot, reported sales of $7.39 billion, missing analysts' average estimate of $7.41 billion, according to data compiled by LSEG...
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