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McDonald's is going all in on drive-thru automation as it fights the labor crisis

The chain's early investment in AI will give it a future advantage as drive-thru tech becomes more …

Mary Meisenzahl   


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Big tech firms pledge more than $31 billion and 250,000 jobs to strengthen cybersecurity

At the White House, Google, Microsoft, IBM, Amazon, Apple, and others pledged more training and inv…

Aleeya Mayo   


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Dow soars 550 points in big relief rally as investors weigh key earnings reports

The Dow jumped over 500 points in Monday's session. Bank of America reported upbeat earnings, and i…

Jennifer Sor   


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US stocks mixed as investors weigh batch of corporate earnings alongside labor market and manufacturing data

Tesla shares were under pressure following its Q3 report as the quarterly earnings season rolls on.

Carla Mozée   


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It's not just Jeff Bezos - more than a dozen CEOs announced transition plans in the last year

CEOs from major companies like MGM, IBM, Ford, Disney and Qualcomm have announced plans to leave th…

Grace Kay   


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IBM down 4% despite delivering a beat in quarterly earnings

This story is developing. Refresh for updated information. IBM announced its first quarter earnings…

Becky Peterson   


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Nasdaq surges 3% to reclaim key level for the first time since April as investors assess earnings

Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…

Matthew Fox   


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IBM lays off 'thousands' of employees globally as Covid-19 hits business

Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employ…

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IBM jumps 9% after it reveals plan to spin off legacy business to focus on cloud unit

IBM's CEO said that spinning off its legacy networking business would allow it to be "laser-focused…

Matthew Fox   


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IBM beats earnings but investors yawn

Instead, Rometty has acquired nearly 40 companies during her three years at IBM in order to nurture…

Eugene Kim   


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Palantir upgraded to 'buy' with a fresh $34 price target from Goldman Sachs after revealing 'sustainable growth' in latest earnings

Palantir posted a surprise loss in their Q4 earnings, but Goldman analysts are bullish on the compa…

Will Daniel   


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US stocks fall in volatile session as earnings season heats up and bond sell-off continues

Stocks traded up and down all day, as investors look to earnings reports from Netflix, Tesla, and o…

Phil Rosen   


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IBM shares are rising after Big Blue posted better-than-expected results. Revenue dipped, but earnings beat Wall Street estimates.

"With the completion of our acquisition of Red Hat, we will provide the only true open hybrid multi…

Benjamin Pimentel   


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IBM reports earnings: a beat all the way around

"IBM's third-quarter performance, led by continued double-digit growth in our strategic imperatives…

Julie Bort   


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Cognizant will hire 500 sales staff and looks to poach ‘disillusioned’ IBM employees

Technology major Cognizant is hiring 500 sales professionals who are skilled in digital technologie…

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IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline

Analysts expect revenue (GAAP) for Q3 to hit $19.29 billion, and earnings per share (adjusted) for …

Becky Peterson   


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US stocks largely gain as investors look past grim Netflix results to next wave of big tech earnings

Tesla earnings are due late Wednesday while IBM gained after results.

Carla Mozée   


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Live! IBM Earnings

This is an important quarter for CEO Ginni Rometty. The year so far has been mixed. Last quarter, I…

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US stocks edge lower as investors wade through earnings and labor-market data

IBM was among the stocks moving lower in Thursday's trading session. Weekly jobless claims notched …

Carla Mozée   


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Here's why analysts expect HCL Tech will outperform TCS, Infosys, and Wipro

The third quarter is generally not the strongest quarter of the year for most IT companies. Earni…