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

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

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

Travel is recovering, but travel stock is recovering. Here where the opportunities.

Travelers’ Dream: Spring in Paris. Work at some online travel agencies has almost doubled. AFP/Getty Images font size After two years of staying put, Americans are once again planning their summer vacations, giving a huge boost to the travel industry. So why are investors staying away from the trip? Airlines hinted at recovery when it … Read more

Travel is recovering, but travel stocks are not. Here where the opportunities.

Travelers’ Dream: Spring in Paris. Work at some online travel agencies has almost doubled. AFP/Getty Images font size After two years of staying put, Americans are once again planning their summer vacations, giving a huge boost to the travel industry. So why are investors staying away from the trip? Airlines hinted at a recovery when … Read more

China promises a regulatory deferral for the tech sector. Analysts are skeptical.

font size China sticks to its no-Covid policy, but it has also said it will ease regulatory crackdowns on tech companies. Here, a subway station in Beijing. Wang Chao/AFP via Getty Images China’s recent statements that it will halt the long-term regulatory measures it is imposing on leading tech companies raises suspicions from analysts. The … Read more