Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported third-quarter results that topped Wall Street estimates and lifted its guidance, citing ongoing artificial intelligence tailwinds. Still, the stock dropped 5% in extended trading. Here’s how…
A general view shows the oil refinery of the Lukoil company in Volgograd, Russia on April 22, 2022. Reuters Photographer | Reuters The Trump administration on Wednesday imposed further sanctions on Russia’s two largest oil companies, citing “Russia’s lack of serious commitment to a peace process to end the war in Ukraine.” “Now is the…
Shohei Ohtani. George Springer. Freddie Freeman. Vladimir Guerrero Jr. There will be no shortage of stars in the 2025 World Series between the Los Angeles Dodgers and Toronto Blue Jays. But what would a combination of the best players from each team look like? Who would make the cut and who would just miss out?…
A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines on Wednesday posted a surprise profit for the third quarter and forecast better travel demand and higher fares for the fourth quarter….
Tesla is slated to release third-quarter results after the stock market’s closing bell Wednesday, and most analysts are split between cautious and optimistic toward Elon Musk ‘s flagship business. Earlier this month, the electric vehicle maker reported a 7% year-over-year jump in quarterly vehicle deliveries . Customers rushed to buy cars ahead of the expiration…
In May, country singer Martina McBride appeared before the Senate Judiciary Subcommittee on Privacy, Technology and the Law at a hearing to speak out against AI-generated deepfakes. Last week, she expanded on her testimony at the CNBC AI Summit in Nashville. McBride, along with Recording Industry Association of America chief policy officer Morna Willens, spoke…
The NFL trade deadline is less than two weeks away, and as of Wednesday, there hasn’t been a lot of movement to this point. Of course, the Cincinnati Bengals acquired Joe Flacco in a trade from the Cleveland Browns earlier in October. But beyond that, we haven’t seen any big names move in the weeks…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s epsiode of CNBC Crypto World, bitcoin drops to the $108,000 level. Plus, Coinbase says the crypto exchange acquired the digital asset investment platform Echo for approximately $375 million. And, Sergey Nazarov, co-founder of Chainlink, shares what was discussed during meetings…
Tesla is set to report earnings after the bell on Wednesday. Here’s what analysts are expecting, according to an average of estimates compiled by LSEG: Earnings per share: 54 cents expected Revenue: $26.37 billion expected Following two straight year-over-year revenue declines, Tesla is expected to return to growth, for one quarter at least, with analysts expecting…
Check out the companies making the biggest moves midday: Vicor — The maker of modular power components soared 25% after third-quarter earnings per share more than doubled the Wall Street consensus. Travel + Leisure — Shares rose nearly 12% after the travel publication reported strong results for the fiscal third quarter. The company earned $1.80…
