IBM shares jump on earnings and revenue beat
Economy

IBM shares jump on earnings and revenue beat

Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts’ predictions. Here are the key […]

Chipotle earnings and revenue top estimates, restaurant traffic rises again
Economy

Chipotle earnings and revenue top estimates, restaurant traffic rises again

A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose about 13% in extended trading before losing […]

Here are the most important new changes coming to your iPhone this fall
Economy

Here are the most important new changes coming to your iPhone this fall

Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC23 developer conference. Justin Sullivan | Getty ImagesAt its annual developer conference on Monday, Apple debuted iOS 17 and the slew of updates it… […]

Unity stock jumps 17% on Apple Vision Pro partnership
Economy

Unity stock jumps 17% on Apple Vision Pro partnership

The New York Stock Exchange welcomes Unity Software Inc. as it officially begins trading, September 18, 2020,NYSEUnity shares surged 26% after Apple on Monday said it’s working with the game-development software maker as part of the release of its Apple Vision Pro headset. The announcement let to a brief halting in Unity trading and led… […]

Bitcoin drops below $26,000 after SEC sues crypto exchange Binance
Economy

Bitcoin drops below $26,000 after SEC sues crypto exchange Binance

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year.STR | Nurphoto via Getty ImagesCryptocurrency prices dropped Monday after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws.Bitcoin fell 5.5% to $25,662.50, its… […]

Alphabet meets earnings expectations but misses on YouTube ad revenue
Economy

Alphabet meets earnings expectations but misses on YouTube ad revenue

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84 […]