|Day Low/High||142.45 / 145.03|
|52 Wk Low/High||105.94 / 154.36|
Major U.S. stock indexes ended sharply lower Monday amid ongoing fears of economic slowing and concerns over midterm elections next week.
Red Hat is up more than 40% Monday, as other software companies fall from morning highs.
Though the deal is expensive and comes with risks, a look at Red Hat's product line and IBM's software performance makes it easy to understand why IBM pulled the trigger.
IBM may have closed its talent gap but some are wondering if it can keep all the new developers?
But I will be looking for something else in the next few weeks.
It remains to be seen if the two together can become a more formidable competitor than either one was apart.
In a market where little is working, I'll take my chances with a name that is.
The momentum of acquisitions isn't stalling. Here's what names might be in the mix.
IBM shares slumped to the lowest level in nine years Monday after the group said it would pay the equivalent of nearly a third of its market value for Red Hat in a $34 billion deal that both jump starts its move into cloud computing but raises questions over the price it's prepared to pay for the Linux distributor.
I can see this group bottoming a heck of a lot faster than others.
I'm simply focusing on individual stocks at this point and am not too concerned about the macro picture.
IBM doesn't seem to be bargain hunting on the Redhat deal.
IBM is very oversold based on its charts, but that is not a reason in itself to go long; indeed, shorts should consider covering their positions.
This month has been lousy, but there are factors that could still produce a year-end rally.
In the middle of a tech devaluation, IBM shows it highly values Red Hat.
There is much talk that IBM is overpaying for Red Hat, but this deal is a net positive for the market as a whole.
IBM's shot at Amazon is aimed at the future, but is the short term cost too high?
Global stocks gained Monday, with U.S. equity futures pointing to a positive start to the trading week, amid a collection of political and economic risks that. alongside slowing U.S. corporate earnings, cloud the near-term outlook for risk markets ahead of next week's mid-term elections in the United States.
U.S. stock futures are higher on Monday as investor concerns revolve around slowing U.S. corporate earnings; IBM reaches deal to buy Red Hat for $34 billion; Tesla CEO Elon Musk says the tweet he sent in August about taking the electric vehicle company private at $420 a share was 'worth it.'
International Business Machines said Sunday that it has agreed to buy software group Red Hat Inc in a blockbuster cloud computing deal worth $34 billion.
The most recent short interest data has been released for the 10/15/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Microsoft beat earnings estimates as it continues its path towards a trillion dollar market cap.
Jim Cramer says welcome to the end of October, when mutual funds like to dump their losers. Plus, both the Fed and China are putting pressure on stocks.
Panic is not an investment strategy, says Jim Cramer. But when everyone else is panicking, that's when you need to buy.
A look at some of the major companies in the S&P 500 slated to report financial results in the early part of next week.
Jim Cramer says it'll be hard for stocks to stabilize until the Fed's stance softens. He's got your game plan for next week.
Jim Cramer weighs in on Lululemon Athletica, Ollie's Bargain Outlet, Burlington Stores, Snap, Blackstone Group, NovoCure, Starbucks, Weight Watchers and more.
Jim Cramer says maybe tariffs won't hit earnings or kill the rally mode. Plus, he's got your game plan for next week.
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