IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.
Treasury yields are soaring right now. Here’s how high they may go
The U.S. 10-year Treasury yield topped 4.25% on Wednesday, suggesting further upside ahead.
Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Peloton has been in the middle of a turnaround and Greenlight Capital’s David Einhorn thinks the stock is significantly undervalued.
BMO Capital Markets names stocks to play in either presidential election outcome
The firm listed ideas if either Kamala Harris or Donald Trump wins the November matchup.
Abercrombie & Fitch responds to former CEO’s sex trafficking arrest, says it will cooperate with law enforcement
Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.
European stocks close lower as traders focus on earnings and bond yields
European markets traded lower Wednesday as investors in the region focused on corporate reports and U.S. Treasury yields.
U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.
Attack at Turkey aviation site leaves some dead, injured
Turkey said on Wednesday that a deadly attack was carried out at the headquarters of Turkish Aerospace Industries (TUSAS) near Ankara.
Attack at Turkey aviation site leaves some dead, injured
Turkey said on Wednesday that a deadly attack was carried out at the headquarters of Turkish Aerospace Industries (TUSAS) near Ankara.
