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

2 Tech Stocks That Now Look Impossibly Cheap

font size Micron Technology memory chips are becoming increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies like Western Digital And micron technology And That makes digital storage, it was a poor investment. So let me tell you why, at a time when tech stocks … Read more

Apple, Tesla, and these shares were bought out of tech wrecks

font size Apple Store signs appear at Grand Central Station in New York. Michael M. Santiago / Getty Images To say it’s been a tough year for tech stocks is an understatement, with tech heavy Nasdaq Composite Landing in a bear market area and a stalwart like apple And Amazon Extension of loss periods for … 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