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    IBM misses third-quarter revenue estimates as consulting drags; shares fall

    by skolnes October 23, 2024
    October 23, 2024

    By Arsheeya Bajwa (Reuters) -International Business Machines (IBM)missed analysts’ estimates for third-quarter revenue on Wednesday, hurt by weakness in its consulting segment as businesses cut back on discretionary expenses, coupled …

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    Tesla surprises with sales forecast and cost efficiency, shares jump

    by skolnes October 23, 2024
    October 23, 2024

    By Akash Sriram, Abhirup Roy (Reuters) -Tesla CEO Elon Musk said he expects vehicle sales to grow 20% to 30% next year, reassuring investors the company was improving its core …

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    Nasdaq, S&P 500 sink as tech leads losses ahead of Tesla earnings

    by skolnes October 23, 2024
    October 23, 2024

    Sales of existing homes fell in September as house hunters remained on the fence about buying a home despite mortgage rates easing during the month. Existing home sales slipped 1.0% …

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    Why AT&T Stock Is Jumping Today

    by skolnes October 23, 2024
    October 23, 2024

    AT&T (NYSE: T) stock is climbing in Wednesday’s trading session following the telecom giant’s third-quarter report. The share price was up by about 4% as of 1:45 p.m. ET. AT&T …

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    ‘I Splatted. It Hurt,’ Says Dave Ramsey, Referring To The Sudden Call On His $1.2 Million Loans That Turned His World Upside Down

    by skolnes October 23, 2024
    October 23, 2024

    Dave Ramsey is renowned for his no-nonsense money management approach and clear-cut financial advice. However, Ramsey experienced a financial disaster that destroyed him utterly before he rose to fame as …

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    When the Fed lowers rates, how does it impact stocks?

    by skolnes October 23, 2024
    October 23, 2024

    On Sept. 18, 2024, the Federal Open Market Committee (FOMC) lowered its benchmark interest rate by 50 basis points or 0.50%. The move made headlines because it was the first …

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    DJT stock extends gains after shares surge to highest level since July on bets Trump will win US election

    by skolnes October 23, 2024
    October 23, 2024

    Trump Media & Technology Group stock (DJT) extended gains on Wednesday, rising more than 4% in early trading as investors bet on former President Donald Trump’s improved odds of winning …

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    At An Arizona Town Hall, Mark Cuban Assures That Harris Won’t Tax Unrealized Gains. If He’s Wrong, He’ll Work Against Her In The Future

    by skolnes October 23, 2024
    October 23, 2024

    Billionaire entrepreneur Mark Cuban made it clear at a town hall in Arizona that he doesn’t believe Vice President Kamala Harris would ever support a tax on unrealized gains. Speaking …

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  • Cryptocurrency News

    TSMC halts supply to customer after finding its chip in Huawei product, source says

    by skolnes October 23, 2024
    October 23, 2024

    TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co (TSM, 2330.TW) has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in …

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    Revenue Rises 19%, But Stock Takes A Hit

    by skolnes October 23, 2024
    October 23, 2024

    Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported third-quarter results. Net sales rose 19% year-over-year to $2.074 billion, beating the consensus of $1.977 billion. Organic orders (excluding foreign exchange) rose 17%. Adjusted …

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