Page 88 - Devik Jain News Today

Futures down as IBM, Intel fall after results By Devik Jain and Medha Singh Reuters (Reuters) - U.S. stock index futures slid from record levels on Friday as shares of blue-chip technology companies Intel and IBM tumbled following their quarterly results. IBM Corp slumped 7.4% and was the biggest loser among Dow components trading premarket after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp dropped about 4% as new Chief Executive O...

4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * IBM hits two-month low on quarterly revenue miss * Intel slips on avoiding outsourcing embrace * Yellen wins unanimous Senate panel vote for Treasury * Dow down 0.39%, S&P 500 down 0.24%, Nasdaq down 0.11% (Adds comment; updates market prices; adds New York dateline; changes byline) NEW YORK, Jan 22 (Reuters) - Wall Street’s main indexes slipped on Friday, dragged down by ...

22 Jan 2021 / 22:33 H. Jan 22 (Reuters) - Wall Streets main indexes opened lower on Friday after hitting record levels, as shares of blue-chip technology stalwarts Intel and IBM tumbled following their quarterly results. The Dow Jones Industrial Average fell 34.4 points, or 0.11%, at the open to 31141.56. The S&P 500 fell 8.8 points, or 0.23%, at the open to 3844.24​, while the Nasdaq Composite dropped 56.1 points, or 0.41%, to 13474.805 at the opening bell. (Reporting by Devik Jain in Benga...

4 Min Read NEW YORK (Reuters) - The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned. IBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp slipped 9.29% as new Chief Executive Officer Pat Ge...

4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * IBM hits two-month low on quarterly revenue miss * Intel slips on avoiding outsourcing embrace * Senate to vote on Yellen’s Treasury secretary nomination * Futures down: Dow 0.79%, S&P 0.73%, Nasdaq 0.62% (Adds comment; updates share prices) Jan 22 (Reuters) - Wall Street’s main indexes looked set to open lower on Friday after hitting record levels, as shares of blue-ch...

Wall Street slips as IBM, Intel falter after results By Devik Jain and Medha Singh Reuters (Reuters) - Wall Streets main indexes slipped on Friday after hitting record levels in the prior session, as shares of blue-chip technology stalwarts Intel and IBM tumbled following their quarterly results. IBM Corp slumped 10% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a rare sales decline in its software unit. Intel Corp shed 6.5...

U.S. stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of "stay-at-home" beneficiaries.

Wall Street’s main indexes opened near record highs on Thursday as investors counted on more pandemic relief and speedy vaccine roll-outs under the Biden…

NASDAQ-Adv: 2,140 Dec: 1,704 NYSE-Adv: 2,705 Dec: 1,337(Source: Nasdaq) U.S. stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th U.S. president, while solid results from Netflix sparked a rally in shares of “stay-at-home” beneficiaries. Shares of the world’s largest streaming service Netflix surged 16.85% after the company said ...

The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to ...