Month: October 2020

(Bloomberg) — International Business Machines Corp. reported third-quarter revenue that beat analysts’ forecasts, driven by gains in its cloud offerings, an area the company will focus on exclusively after spinning off legacy business units.Earlier this month IBM announced plans to shed its division that manages corporate computer systems and go all-in on cloud services and artificial intelligence to help revive fortunes at the 109-year-old company. After two years of declining or flat revenue, IBM is hiving off the unit that handles day-to-day infrastructure service operations and accounts for about a quarter of the company’s total sales. But that business has …read more […]

Want to upgrade to the iPhone 12? Here’s how to make sure you transfer all of your most important data from your old phone to the new one. …read more […]

Netflix is set to report its third quarter earnings report after hours on Tuesday. Consensus analysts are expecting strong third quarter earnings results, with its sales growing 22% over last year and 3.3 million in new paid streamers (per Bloomberg data). Yahoo Finance’s Final Round panel discuss what to expect from the streaming company’s third quarter. …read more […]

It’s a mixed bag when it comes to opinions on penny stocks. These tickers trading for less than $5 per share divide Wall Street like no other; market watchers either love them or hate them.It’s easy to understand the appeal. First and foremost, you get more bang for your buck. On top of this, with shares changing hands for bargain prices, even what seems like miniscule share price appreciation can translate to monstruous percentage gains. For some, however, the risk poses too great a threat to ignore. When you look under the hood of these low-priced names, you might …read more […]

The trend is your friend. Every investor has heard it.
To maximize returns in the stock market, you must be on the right side of unfolding developments.
But which ones?
Reported cases of COVID-19 are rising, here and abroad. Millions of businesses are either shut down or running at reduced capacity. And the world is on track for the biggest annual economic contraction since the Great Depression.
These trends are negative.
On the other hand, energy is cheap. Inflation and interest rates are low. We have unprecedented monetary and fiscal stimulus. And third quarter GDP growth – when announced by the Bureau of Economic Analysis …read more […]

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we’ll want to notice a… …read more […]

Yahoo Finance’s Akiko Fujita and Ryan Detrick, LPL Financial Chief Market Strategist, discuss market reaction as stimulus negotiations continue. …read more […]

President Donald Trump’s recovery from COVID-19—and his aggressive advocacy of antibody cocktails as a “cure”—offer few reasons of encouragement for the general public given their relative scarcity, costs and mostly unproven nature, according to several experts who spoke to Yahoo Finance. …read more […]

Yahoo Finance’s Brian Cheung joins Zack Guzman to break down Fed Chair Powell’s speech at IMF’s annual meeting. …read more […]

Earnings season might be the most important time of the year for investors in the stock market. It represents the period when publicly-traded corporations release their quarterly earnings report and revealing their latest quarterly performance to the public. In general, earnings season begins about six weeks after the end of a fiscal quarter, and it lasts for about six weeks.
Earnings season has big consequences for the short-term price of a stock. Depending on whether or not a corporation’s quarterly earnings meet, beat or miss stock analysts’ expectations, the price of a stock will rise or fall. But earnings season also …read more […]

Yahoo Finance’s On the Move panel discuss today’s Stocks on the Move: Nikola, American Airlines and Southwest Airlines. …read more […]

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]

Get the most from your retirement savings in these affordable places outside the U.S. …read more […]

The holiday season is always a backyard brawl for retailers. This year will be no exception as the COVID-19 pandemic rages on. …read more […]

Yahoo Finance’s Julie LaRoche has details on Alibaba’s latest move to gain ground on Walmart in China. …read more […]