IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the ...
Wall Street today: Dow Jones falls, S&P 500 and Nasdaq gain on mixed earnings
US stock indices were mixed on Thursday with the Dow Jones falling, and the S&P 500 and the Nasdaq edging higher. The S&P 500 and the Nasdaq gained, driven by post-earnings gains in Meta Platforms and ...
The biggest negative in GDP was weak business spending
The fourth-quarter report card on the U.S. economy probably gets a B+. The weakest grade? Business spending. Consumers drive the U.S. economy, but businesses ride shotgun. Companies appear to have cut ...
Why did GDP drop below 3%? Blame this.
The economy in the final three months of 2024 failed to match the 3% growth rate of the prior two quarters, but not because the U.S. is feeling lots of stress. So what happened? The production of ...