Red Hat, Inc. News
Dow, Nasdaq End Higher; S&P Briefly Tops 3,000 on Fed-Fueled Rate Cut Hopes
Stocks surge as latest Fed minutes, released Wednesday after Fed Chairman Jerome Powell's Congressional testimony, show several FOMC members are leaning towards reducing interest rates.
Jerome Powell, Levi Strauss, Apple, U.S. Women's Soccer - 5 Things You Must Know
U.S. stock futures fall as investors prep for an appearance from Federal Reserve Chairman Jerome Powell before Congress; Levi Strauss slides on indications that sales likely will slow in the second half of the year; T-Mobile will replace Red Hat in the S&P 500; New York hosts ticker tape parade for U.S. women's soccer team.
Stocks End Mixed Ahead of Testimony From Fed's Powell Wednesday
Stocks came back late in the session Tuesday, and ended mixed as investors looked ahead to Federal Reserve Chairman Jerome Powell's upcoming testimony before Congress.
IBM Closes $34 Billion Acquisition of Software Company Red Hat
The acquisition of Red Hat is the largest in IBM's history.
Microsoft's Willingness to Partner With Rivals Continues to Pay Dividends
From Red Hat to SAP to Sony, the software giant has formed plenty of alliances with competitors during the Satya Nadella era. And it's hard to complain about the results.
Federal Reserve, Oracle, Slack, Deutsche Bank, Waymo - 5 Things You Must Know
U.S. stock futures rise sharply and global stocks charge higher amid signals of lower interest rates from the Federal Reserve; Oracle tops fourth-quarter earnings and revenue expectations and says first-quarter profit likely will beat forecasts; Slack's direct public offering is Thursday.
Buy IBM for Its Turnaround Story and Solid Dividend
Buy IBM on weakness to its 200-day simple moving average at $133.75 and add to positions on weakness to its semiannual value level at $126.75. Capture that dividend!
Get Out Your Shopping List: Cramer's 'Mad Money' Recap
Jim Cramer's take on tariff troubles? Break out your stock shopping list and buy domestic companies that are doing well.
Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal
"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.
Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn
Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.
Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble
Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.