Tag: NYSE:IBM
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Wednesday’s Wall Street Highlights: Nvidia, VMware, Alphabet, Coty, IBM, and more
US Index Futures operated higher on Wednesday, with investor expectations that US consumer inflation will reach the lowest level since 2021. By 07:01 AM, Dow Jones (DOWI:DJI) futures were up 28 points, or 0.08%. S&P 500 futures were up 0.16%, while Nasdaq-100 futures were up 0.19%. The 10-year Treasury yield is currently at 3.95%. On Wednesday’s American economic…
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Crypto This Tuesday: Axelar Joins Forces With Microsoft, Algofi Ends DeFi Protocol, and More
Axelar joins forces with Microsoft to connect public and private blockchains Axelar, a cross-chain protocol, has partnered with Microsoft (NASDAQ:MSFT) to connect public and private blockchains. Axelar will be listed on Microsoft’s Azure marketplace, allowing it to reach thousands of companies using the Azure cloud service. The collaboration aims to integrate established Internet technologies with public blockchains,…
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Monday’s Wall Street Highlights: Goldman Sachs, IBM, Tesla, Lucid and more
US Index Futures start the week with a hedging bias, with stock markets and bond yields lower on Monday morning. The most recent economic data showed weakness in developed economies and the aggressive posture of central banks in relation to controlling inflation increases the risks of recession. This drives the week’s early flow into hard currency, fixed…
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Tuesday’s Wall Street Highlights: Gitlab, Zura Bio, Thor Industries, Unity Software, and more
US Index Futures pull back as investors pick up on a raft of weak economic indicators in Europe. Ore extends gains, but oil is traded in decline, without extending the momentum seen after the commitment to cut supply by Saudi Arabia. The drop in oil prices has weighed on energy stocks and Apple is on track to…
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Crypto This Wednesday: Blockchain Market Will Grow 67.57% By 2030, Tenet Joins Conflux, Qtum And More
Bitcoin drops more than 3% in the last 24 hours Bitcoin (COIN:BTCUSD) suffered a sharp drop after Wall Street opened on May 24, resulting in a “long overdue retest” of major trend lines. The price reached as low as $26,154, the lowest level since May 12th. Persistent volatility has led traders to watch the 100-day and 200-week…
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Tencent’s Revenue Rises, IBM and Google Invest in Quantum, Deutsche Bank to Reduce Office Space
Tencent’s Revenue Rises Tencent (HKF:0700), the Chinese tech giant, experienced accelerated revenues in the first quarter as the country’s economy rebounded after the end of its zero-Covid policy. In the three months leading up to March, the social media and gaming group reported an 11% rise in revenue, reaching Rmb150bn ($21bn) compared to the same…
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Tuesday’s Wall Street Highlights: Goldman Sachs, PayPal, Palantir, IBM and more
US Index Futures fell ahead of speeches by Federal Reserve members and the publication of inflation data this week, which could provide hints on the outlook for the economy and monetary policy. The mood is also reinforced by an unexpected drop in imports from China. By 8:24 AM, Dow Jones futures were down 103 points, or…
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Crypto this Wednesday: Sotheby’s launches on-chain secondary NFT Market, US Treasury proposes DAME tax, and more
PEPE’s Liquidity Pool becomes more active on Uniswap PEPE (COIN:PEPEEUSD), the hype-fueled meme coin that has jumped more than 2,100% in price since it debuted last month, has been sparking interest on decentralized exchange Uniswap. Uniswap’s version (v)2 and v3 liquidity pools for PEPE-WETH were the most active liquidity pool contracts by number of transactions over…
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Wednesday’s Wall Street Highlights: AMD, Starbucks, Yum Brands, CVS Health and Private Payrolls
Main subjects of the day US index futures rose on Wednesday morning, recovering from the eve’s losses, with investors bracing for the Fed’s decision on interest rates. By 8:21 AM, Dow Jones futures were up 60 points, or 0.18%. S&P 500 and Nasdaq-100 futures were up 0.29% each. At 8:28 am, the 10-year Treasury bond yield was trading at 3.413%. The 2-Year Treasury traded…
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Thursday’s Wall Street Highlights: Tesla, American Express, Las Vegas Sands, AT&T and more
Main subjects of the day US stock futures were lower on Thursday morning as investors weighed the latest results from IBM and Tesla. IBM rose 1.01% premarket after the company said margins were expanding. Tesla fell about 7.66% premarket after the electric vehicle maker reported net profit and GAAP earnings were down more than 20% year-on-year. Renault also released results…