Tag IBM

Yesterday, analysts at Morgan Stanley said their bull case for International Business Machines Corp.'s stock had played out...

ChatGPT is an inflection point in the AI revolution. Here are 4 dividend stocks that will benefit from this trend...

When thinking of dividends, typical sectors that come to the minds of many include utilities, finance, or consumer staples. However, it could surprise some that several technology companies also reward their investors handsomely...

Wall Street's main indexes closed lower on Wednesday after weak economic data and hawkish comments from Federal Reserve officials sparked worries that the central bank will keep tightening policy, perhaps enough to cause a recession. Before the market opened, U.S. economic data showed retail sales and producer prices declined more than expected in December. Also production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought...

IBM shares underperformed the broader market Wednesday after Morgan Stanley reversed a nine-month upgrade on Big Blue's stock after a defensive bet paid off...

Wall Street's main indexes reversed gains by early afternoon on Wednesday as hawkish comments from Federal Reserve officials sparked worries that the central bank may not be pausing interest rate hikes any time soon. Markets reacted positively to data, which showed retail sales and producer prices declined more than expected in December. However, the gains were short-lived as St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester stressed on the need to raise rates beyond 5% to bring inflation to heel...

Wall Street's main indexes rose on Wednesday after weak retail sales and further evidence of slowing inflation supported hopes of smaller rate hikes by the Federal Reserve, while Tesla shares gained for the second straight day. A reading from the Commerce Department showed retail sales fell 1.1% in December against expectations of a 0.8% drop, while a separate report showed producer prices declined more than expected in December...

Behind declines for shares of Honeywell and IBM, the Dow Jones Industrial Average is in a selloff Wednesday afternoon. The Dow was most recently trading 428.....

The Dow Jones Industrial Average is down Wednesday afternoon with shares of Honeywell and IBM delivering the stiffest headwinds for the blue-chip average......