U.S. stocks pulled back from recent highs to close lower, as investors weighed soft auto sales and looked ahead to domestic data.» Read More
BEIJING, March 5- China's Huawei Technologies Co Ltd and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market. The partnership, announced by Huawei in a statement, comes as U.S and other Western tech firms' scramble to burnish...
Apple Inc s fell$. 82 or. 6 percent, to $128.54. Hewlett Packard Co. fell$. 38 or 1.1 percent, to $34.19. International Business Machines Corp. fell $1.61 or 1.0 percent, to $159.42.
DENVER— IBM announced the purchase of AlchemyAPI, a small Denver startup, on Wednesday as part of its effort to expand its Watson cognitive computing system. The move comes as Armonk, New York- based IBM is shifting away from hardware to focus on business analytics, cloud computing and mobile services. Last year, the company invested more than $1 billion in Watson,...
Apple Inc s fell$. 37 or. 3 percent, to $128.99. Hewlett Packard Co. fell$. 24 or. 7 percent, to $34.33. International Business Machines Corp. fell $1.25 or. 8 percent, to $159.78.
Apple Inc s fell$. 54 or. 4 percent, to $128.82. Hewlett Packard Co. fell$. 36 or 1.0 percent, to $34.21. International Business Machines Corp. fell $1.99 or 1.2 percent, to $159.04.
SEATTLE, March 4- International Business Machines Corp said on Wednesday it had acquired AlchemyAPI, a fast-growing startup selling software that collects and analyzes unstructured text and data in ways big enterprises, website publishers and advertisers find useful. The purchase is designed to boost IBM's push into more human-like computing services,...
Apple Inc s rose$. 27 or. 2 percent, to $129.36. Hewlett Packard Co. fell$. 35 or 1.0 percent, to $34.57. International Business Machines Corp. rose$. 55 or. 3 percent, to $161.03.
Just how "smart" are smartphones going to get? Here are the technologies that excite this VC and ex-Google exec.
The strong dollar story has not changed, and many pros will tell you the currency has further to climb.
Apple Inc s rose$. 63 or. 5 percent, to $129.09. Hewlett Packard Co. rose$. 08 or. 2 percent, to $34.92. International Business Machines Corp. fell $1.46 or. 9 percent, to $160.48.
NEW YORK, March 2- IBM Corp was sued on Monday by a shareholder that said it committed securities fraud by failing to write down a money-losing semiconductor unit before agreeing to pay another company $1.5 billion to take that unit off its hands. The lawsuit filed in Manhattan federal court arose from IBM's announcement last Oct. 20 that it would sell the unit to...
The founder of Duquesne Capital Management said that the Fed risks disrupting the U.S. economy if it waits to raise interest rates.
U.S. stocks closed higher, with the Nasdaq above the psychologically key level of 5,000 for the first time since March 2000 and the Dow at a record.
Apple Inc s rose$. 38 or. 3 percent, to $128.84. Hewlett Packard Co. fell$. 14 or. 4 percent, to $34.71. International Business Machines Corp. fell $1.51 or. 9 percent, to $160.44.
One options trader is trying to make $55 million on a well-known underperformer.
Apple Inc s rose $1.72 or 1.3 percent, to $130.18. Hewlett Packard Co. rose$. 04 or. 1 percent, to $34.88. International Business Machines Corp. fell $1.55 or 1.0 percent, to $160.39.
NEW YORK, March 2- It may be by far the most valuable American company but Apple Inc still can't get into at least one exclusive club- the 30- member Dow Jones Industrial Average. That may not be a problem for the company behind the iPhone and the iPad, after all Apple shares recently hit record highs. If Apple had replaced a badly lagging stock such as IBM, which has...
CNBC's Jim Cramer says Warren Buffett could be right about IBM but the investment could turn into another huge mistake for the Oracle of Omaha.
The Oracle of Omaha tells CNBC why he is sticking with IBM despite its recent woes.
OMAHA, Neb.— Investor Warren Buffett is praising both IBM and ExxonMobil even though the computing business has struggled and Berkshire Hathaway sold its 41 million shares in the oil producer. Buffett says he still likes IBM's prospects even though the company has been dealing with declining sales. He backed that up by increasing Berkshire's stake in IBM to...