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The Dow pulled off a nearly 50-point gain Thursday after a topsy-turvy session as the boost from oil's rally ultimately beat out disappointment in earnings from Goldman Sachs and Citigroup.
IBM: more sell on the news…. down 5 percent after the close…earnings and guidance was just not enough, it’s a simple as that.
The company soundly beat on the top and bottom lines, with $2.40 a share on $23.6 billion. And most importantly, IBM did indeed raise its full year EPS guidance, from $9.70 to $9.85 a share.
While the Dow’s financial stocks have been by far the best performing stocks since that low, other industrial and tech stocks have actually been the primary source of the Dow’s move higher.
Investors are preparing for this afternoon when tech titans Google and IBM will report their corporate earnings. What is the best investment play in the technology sector? Robert Cihra, tech hardward analyst at Caris & Company and Benjamin Schacter, Internet analyst at Broadpoint AmTech shared their views.
The IBM model is turning into something of a playbook for other massive tech companies looking to come up with a new, more efficient, streamlined way of banking profits.
The amazing thing about Google ahead of its earnings tonight is the lack of humility.
Traders applied the brakes Thursday, a day after the Dow topped 10,000, as Goldman Sachs and Citigroup proved no match for Wall Street's inflated earnings expectations.
Bank stocks slipped Thursday after results from Goldman and Citi failed to live up to heightened expectations. Is the dip a buying opportunity?
Google, IBM and AMD are the next tech giants to report earnings after the bell on Thursday. So what should investors expect? David Eiswert, portfolio manager at T. Rowe Price Associates, shared his insights.
Stocks pared their losses Thursday after a third straight positive Philly Fed reading — the first time that's happened in two years. Stocks had opened lower after disappointment in earnings from Goldman Sachs and Citigroup.
After Wednesday's stellar market performance, stock index futures indicated a lower open for Wall Street on Thursday as investors take a breather and evaluate their next move.
The Dow crossed the 10,000 level and all of sudden the bears grew quieter.
Stocks rallied on Wednesday and the Dow closed above10,000 for the first time in over a year. Rick Bensignor, chief market strategist at Execution and Jill Evans, co-portfolio manager at Alpine Funds, discussed what lies ahead.
Earnings season may take a turn for the worse. But before it does Louis Navellier of NavellierGrowth.com suggests two stocks for your radar.
The Dow crossed above 10,000 today for the first time in over a year. The first time the Dow crossed the 5-digit market was back in March 1999. See how the who's who in market cap leaders has changed since then.
Financials are leading stocks higher as the Dow marches toward the critical 10,000 milestone. So how high can we go this year? Dan Genter, president, CEO and CIO of RNC Genter Capital Management and Dan Fitzpatrick, president at Stockmarket Mentor, discussed their market outlooks.
It's more than a motto; it's a way of life on "Options Action." We like to risk less to possibly make more. And last week, Dan Nathan - chief options strategist at Phoenix Partners Group nailed it with Intel.
Following my post earlier this week on the highest yielding stocks in the Dow, here is a deeper look at the dividends of the S&P 500.
The positive side of the weak greenback story should show up this week, as a parade of multinationals report earnings.