IBM shares rose. Why the 111-year-old tech company has outperformed today.

font size IBM’s results lifted other low-tech stocks, including Oracle and HP. Miguel Medina/AFP via Getty Images Score one for old timers. in a day when Netflix Stock down 35% on worries about disappointing subscriber growth, market gets boost from 111-year-old International Business Machines . As the company’s first-quarter financial results showed, the tech giant … Read more

US stocks open higher after tough trading week

US stocks opened higher on Friday after a grueling week of losses across the major indexes. The S&P 500 rose 1.1% shortly after the opening bell. The Dow Jones Industrial Average added 259 points, or 0.8%, and the Nasdaq Composite Index added 1.8%. Twitter TWTR -9.46% Shares tumbled 10% after Tesla CEO Elon Musk tweeted … Read more

Tech futures rise after tough trading week

US stock futures are higher, suggesting that markets may see a comfortable rush at the end of a week of losses across the major indexes. S&P 500-related futures rose 1.2% on Friday, while Dow Jones Industrial Average futures rose 0.9%. The high-tech Nasdaq 100 contracts jumped 1.8%. Stocks closed Thursday mixed after major indexes saw … Read more

SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Thursday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more

SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Tuesday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more

SoftBank loses $26 billion on technology investments amid sell-off

Tokyo — SoftBank Group corp. 9984 -8.03% On Tuesday, it announced a massive $26.2 billion loss in its large portfolio of technology companies in the first three months of the year, as the company posted a record annual loss for the second time in three years. “The world is in a chaotic situation,” CEO Masayoshi … Read more

SoftBank records biggest full-year loss ever

“The world is in a chaotic situation,” CEO Masayoshi Son said, citing Covid-19 and the Russian invasion of Ukraine. “In this chaotic world, the approach we should take at SoftBank is defense.” The comment came after SoftBank reported a net loss of 1.71 trillion yen, or $13.2 billion, for the fiscal year ended March 31. … Read more

SoftBank records annual losses of 13 billion dollars, affected by the decline in technology shares

“The world is in a chaotic situation,” CEO Masayoshi Son said, citing Covid-19 and the Russian invasion of Ukraine. “In this chaotic world, the approach we should take at SoftBank is defense.” The comment came after SoftBank reported a net loss of 1.71 trillion yen, or $13.2 billion, for the fiscal year ended March 31. … Read more

Tricks to find summer travel bargains

The majority of Americans — 7 out of 10 — plan to travel in the next 12 months for leisure, according to a February NerdWallet poll. Many Americans are looking to travel this summer, and most are hoping to find a good deal. Air travel is almost back to pre-pandemic levels. The number of travelers … Read more

IAC sees bargains in technical assessments. It is ready to shop.

font size IAC was founded by former film mogul Barry Diller. Leungphotography / Dreamstime With sharp cuts in tech stock prices, online holding company IAC is on its way to more deals. IAC (Stock Code: IAC) has been buying, building and selling online businesses for the better part of three decades. Founded in 1995 by … Read more