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Market Wrap: GM Reaches Tentative Agreement With UAW
GM shares are rising after hours after also climbing in intraday trading.
IBM Shares Fall; Q3 Adjusted Net Income Beats Estimate, Revenue Comes Up Short
The company posted a 14% increase in cloud revenue to $5 billion while its global business services segment brought in $4.1 billion.
Midday Wrap: Dems Debate Big Tech
Senator Elizabeth Warren specifically singled out Amazon in her comments during Tuesday's debate.
Adobe Receives Citi Downgrade, Price Target Lowered to $313
Citi downgrades shares of Adobe to neutral because of dimming visibility in the company's growth and margin prospects.
Workday Shares Fall Following RBC Price-Target Cut on Slowing Growth
RBC nonetheless sees a `durable' growth story. Other analysts express concern about valuation and software firm's ability to monetize new products.
Broadcom Ordered by EU Regulators to Halt Exclusivity Deals
Broadcom responded to the news by saying that the ruling would not impact its business.
GrubHub Higher, Even as Barclays and Morgan Stanley Pare Price Targets
Competition in the food-delivery space from rivals like Uber Eats and DoorDash is a key factor in the price-target cuts.
DexCom Falls After Rival Tandem Teams With Abbott for Insulin Pump
Tandem will include Abbott's Libre sensor in its insulin pump.
United Airlines Higher on Third-Quarter Earnings Beat and Stronger Outlook
UAL also said it purchased $363 million of common shares in the quarter at an average price of $88.22 each.
Market Wrap: Buffett Is Bullish on Bank of America
Berkshire Hathaway could become a bigger partner at Bank of America, according to a new report.