IBM beats Q3 estimates and raises free cash flow forecast, but gross margin narrows
IBM beat Wall Street estimates for third-quarter earnings and revenue and raised its full-year free cash flow forecast. Its gross…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Bessent says he sees no systemic problem with the AI boom
US Treasury secretary Scott Bessent told investors at a closed-door New York conference that he sees no systemic problem with…
Citadel’s Ken Griffin Says AI Stocks Are Probably in a Bubble but Worth Holding
Citadel founder Ken Griffin said Tuesday night that AI stocks are almost certainly in a bubble, but that is no…
SpaceX Stock Rises 9% After Q3 Earnings Beat Expectations
SpaceX shares rose about 9% on Wednesday after the company reported Q3 earnings per share of $0.35, more than double…
Goldman Sachs, JPMorgan and Morgan Stanley capture nearly 80% of top banks’ equities trading revenue
Goldman Sachs, JPMorgan Chase and Morgan Stanley have made a combined $52 billion in stock trading revenue this year, nearly…
