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International Business Machines Corp

Atlassian cuts 5% of head count as the software maker focuses on high-priority areas

Taylor Daemon Mar 6, 2023

Michael Cannon-Brookes, co-CEO, AtlassianScott Mlyn | CNBCBusiness-software maker Atlassian said Monday that it will lay off 500 employees, or around 5% of its workforce. Atlassian…

Finance

Huawei turns to patents for a lifeline — including those in the U.S.

Taylor Daemon Feb 6, 2023

Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese telecommunications giant…

Technology

Intel shares drop on weak quarterly results and expectations for another quarter of losses

Taylor Daemon Jan 26, 2023

Intel CEO Pat Gelsinger stands in front of a cathedral in the German city of Magdeburg on Nov. 12, 2022. During his visit, Gelsinger also visited the planned site of the Intel…

Finance

Stocks making the biggest moves midday: Chevron, Tesla, Seagate Technology, United Rentals and more

Taylor Daemon Jan 26, 2023

Check out the companies making headlines in midday trading.Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top…

Finance

Stocks making the biggest moves premarket: Southwest, Tesla, Las Vegas Sands and more

Taylor Daemon Jan 26, 2023

A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois.Luke Sharrett | Bloomberg | Getty ImagesCheck…

Finance

Stocks making the biggest moves after hours: Tesla, Chevron, ServiceNow, Levi Strauss, IBM and more

Taylor Daemon Jan 25, 2023

A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022.David Ryder | Bloomberg | Getty ImagesCheck out the…

Technology

IBM exceeds revenue estimates, though sales are about the same as a year earlier

Taylor Daemon Jan 25, 2023

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023.Stefan Wermuth | Bloomberg | Getty ImagesIBM reported quarterly…

Finance

Stocks making the biggest moves premarket: United Airlines, Moderna, IBM and more

Taylor Daemon Jan 18, 2023

A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023.Kena Betancur | AFP | Getty ImagesCheck out the companies making headlines…

Technology

Tech stocks got whacked in 2022 — but one server maker soared almost 90%, beating all its peers

Taylor Daemon Dec 28, 2022

Charles Liang, CEO, Super Micro Source: Supermicro It's been a brutal year for tech stocks. The Nasdaq is headed for its worst slump since 2008 and is poised to underperform the…

Technology

IBM beat all its large-cap tech peers in 2022 as investors shunned growth for safety

Taylor Daemon Dec 27, 2022

IBM CEO Arvind Krishna speaks at an IBM facility in Poughkeepsie, New York, on Oct. 6, 2022. IBM announced $20 billion in investments during President Biden's visit that will go…

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