Too bad everyone was overconcerned with misleading earnings news.
Investors often watch industry leaders as a barometer for how the rest sector will report. But not all stocks should be considered bellwethers.
The Dow is down less than 100 points — not bad, given the number of top line misses and poor housing starts data Tuesday morning. Remember, with the largest weighting in the Dow, IBM alone is contributing almost half of the blue chips losses (over 40 Dow points).
Stocks rose for a second straight day Tuesday as cyclicals like energy and materials advanced. Retail stocks gained after the Senate cleared a hurdle toward extending unemployment benefits. Apple rose ahead of its earnings, due out after the bell.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Beyond earnings, a surprising rise in June building permits offset another dismal housing starts number. June housing starts fell a more-than-expected 5 percent to its lowest level since October 2009. Making matters worse, May’s already poor reading was revised downwards...
What’s worth buying on the pullback after weak results from IBM and Goldman Sachs dragged down stocks?
Stocks remained lower Tuesday amid revenue weakness in the latest round of earnings reports and another disappointing housing report. Goldman Sachs and IBM tumbled.
Take a look at why these six stocks are worth watching.
Stocks opened lower Tuesday, after another batch of earnings reports that showed weak revenues and more evidence of a struggling housing market. Goldman Sachs and IBM tumbled.
Wanna know why you can't beat the market? Because you continue to own names like IBM and Bank of America — great companies for sure, but terrible stocks that are owned by the worst kind of investor, the "closet indexer." If you're ready to try to beat the market, then my call to action will certainly sound bold...
IBM's disappointing second quarter results will compete with a barrage of corporate earnings reports ahead of Tuesday's opening bell.
Stocks rebounded after losing 1% last week as techs gained ahead of some key earnings from the sector this week. Qualcomm and Motorola rose, while Bank of America and Apple fell.
What follows is a roundup of corporate earnings reports for Monday, July 19.
The technology giant reported a higher profit that exceeded what Wall Street was expecting, but the company's shares tumbled in extended trading as its revenue was lighter than forecast.
In extended trade shares of IBM tumbled almost 4% after big blue disappointed the Street. How should you trade in the wake of lackluster results?
It’s the first big week of earnings, but don’t overlook how important of a week it is for housing too. Since the housing tax credit expired at the end of April, not only have housing stocks been hit hard, but the broader markets have also noticeably suffered too.
Stocks were modestly higher Monday, led by the technology sector, as investors focused ahead on upcoming earnings reports. Motorola rose more than 4 percent but Apple tumbled.
The CEO of this company says there is big "pent-up" demand, so what's the trade?
The consensus estimate for IBM is for $2.58 a share, with revenue at $24.2 billion, according to Thomson Reuters.