Text size IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg IBM kicks off the tech earnings season when it ...
Tag: Corporate
XANA Targets Tourism Market Through Government and Corporate Deals
XANA has announced its entry into tourism through Government and Corporate deals. Additionally, XANA is in talks with big tourism brands based in Japan to better its network in the industry. XANA shar...
Expect gas prices to drop to $4 a gallon soon, Biden energy adviser says
After peaking above a record $5 a gallon in June, U.S. gas prices should continue to fall in the coming weeks, a top White House energy adviser said Sunday, predicting prices around $4 a gallon, on av...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...
Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock.
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
JP Morgan, Other Banks Are Strong Financially. Why Earnings Don’t Reflect It.
Text size Wells Fargo added $8.4 billion to reserves in the second quarter of 2020, released $1.6 billion a year later, and added $580 million in the most recent quarter. Michael M. Santiago/Getty Ima...
A Strong U.S. Dollar Raises Risks for Everyone
Text size The strong dollar is especially bad news for tech companies that realize much of their profits abroad. Sean Gallup/Getty Images Nothing can stop the dollar—and until something does, expect m...
EU Shipowners Race to Move Russian Oil Before Sanctions Kick In
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7 financial planning steps to take in the decade before retirement
The decade leading up to your retirement is one of the most critical periods for retirement planning. There are a number of financial planning issues to consider during this time period to help ensure...
Vertical Aerospace Stock Soars. American Airlines Provides Cash for eVTOL Maker.
Text size There are many new players vying for eVTOL market share, including Vertical Aerospace. Courtesy Vertical Aerospace Vertical Aerospace , the eVTOL maker, secured some expected funding from Am...
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my Social Security at 70. I receive abou...
Chip Stock Earnings Estimates Still Look Way Too High, Goldman Analyst Warns
Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
Dow jumps 650 points as stocks close sharply higher after stronger-than expected retail sales report, surge in Wall Street bank shares
U.S. stock indexes closed sharply higher Friday, with the S&P 500 and Dow Jones Industrial Average each snapping a five-day losing streak, after stronger-than-expected retail sales data and a mode...
Amazon’s Earnings Outlook Could Be Better Than Feared, Analyst Says
Text size Amazon workers pull a cart of packages for delivery in New York City. Michael M. Santiago/Getty Images Amazon . com will report second-quarter earnings two weeks from now, and the Street is ...
Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity
Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...
The U.S. dollar hasn’t been this strong against the euro in 20 years. Here’s what happened next.
A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities. Dollar weakness wou...
Toys Are Staples, Making Mattel a Buy in a Recession, Says Analyst
Shares of Mattel rose this past Monday, but fell for the week, after an upgrade from Goldman Sachs analyst Michael Ng, who argued that the toy maker had the ability to navigate economic uncertainties....