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IBM stock falls after results reveal US government contracts canceled by DOGE

IBM stock fell after the company said it had seen some canceled contracts due to DOGE cuts and its software business reported results that were slightly soft.

Yahoo Finance 1 minute ago

IBM
Netflix's new high, Bristol Myers outlook, Texas Instruments pops

As part of today's Market Minute, Brad Smith outlines some of the top stories of the trading session. Netflix (NFLX) stock hits a fresh all-time high, with some Wall Street analysts saying the stock is a recession-resistant play. Bristol Myers Squibb (BMY) lifts its outlook on strong sales driven by its cancer drug. Texas Instruments (TXN) stock pops after the company's earnings beat estimates amid what the CEO calls a "real recovery' for its industrials business. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Yahoo Finance Video 4 hours ago

NFLX

BMY

CELG-RT
P&G CEO: Consumers are doing less laundry amid tariff backdrop

P&G chairman and CEO Jon Moeller strikes a cautious tone on the state of the US consumer.

Yahoo Finance 4 hours ago

KMB

PEP

PG
Procter & Gamble CEO warns tariff uncertainty to continue

Procter & Gamble (PG) cut its full-year earnings and sales guidance amid tariff uncertainty when reporting its fiscal third quarter results.P&G CEO Jon Moeller sat down with Yahoo Finance Executive Editor Brian Sozzi and weighed in on the implications of trade policy and what it means for his company. "We expect the uncertainty to continue," he said. "Our business model and the economics of our industry incent production proximate to consumption, which we largely do. So it's not so much a finished product import issue into the US." Moeller also suggested that the company could be looking at corporate cost reductions and product pricing to adjust to tariffs. This post was written by Rachel Sherman

Yahoo Finance Video 6 hours ago

PG
Big Tech stocks gain over $450 billion as Trump, Bessent signal deescalation of US-China trade war

Big Tech stocks surged for a second day, with ‘Magnificent Seven’ firms adding $455 billion to their market capitalizations Wednesday as the Trump administration hinted at a deescalation of the US-China trade war.

Yahoo Finance 23 hours ago

META

NVDA

GOOG
IBM earnings top estimates, issues upbeat Q2 revenue outlook

IBM reported first quarter results that topped Wall Street estimates. Revenue in the quarter was $14.54 billion, which was better than the $14.4 billion analysts had been expecting. IBM's second quarter revenue outlook was also better than expected. Market Domination Overtime Anchor Julie Hyman and Roundhill Investments CEO Dave Mazza discuss the results. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 23 hours ago

IBM
Alphabet: Q1 Earnings Snapshot

GOOGL) on Thursday reported first-quarter profit of $34.54 billion. The Mountain View, California-based company said it had profit of $2.81 per share. The results surpassed Wall Street expectations.

Associated Press Finance 5 minutes ago

GOOG
Google parent Alphabet beats quarterly revenue estimates

U.S. President Donald Trump's trade policy has triggered worries of an economic downturn, prompting companies to rethink their spending on advertising. Revenue from Google's mainstay ad business, which makes up about 75% of its overall revenue, rose 8.5% to $66.89 billion in the quarter — a slowdown from the prior quarter's 10.6% increase, but still above analysts' expectations for a rise of 7.7%. Google Cloud reported a 28% rise in revenue to $12.26 billion, slowing from the 30.1% growth reported in the previous quarter.

Reuters 9 minutes ago

GOOG
IBM Tumbles as Software Segment Stumbles in Q1

Investors react to underwhelming Software results as IBM faces higher growth hurdles in a cautious macro climate

GuruFocus.com 29 minutes ago

IBM
Confluent, Braze, Asana, C3.ai, and Domo Shares Skyrocket, What You Need To Know

A number of stocks jumped in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.

StockStory 38 minutes ago

AI

CFLT

DOMO
Why Is CrowdStrike (CRWD) Stock Soaring Today

Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 7.5% in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted market sentiment.

StockStory 1 hour ago

CRWD
Why Churchill Downs (CHDN) Stock Is Falling Today

Shares of racing, gaming, and entertainment company Churchill Downs (NASDAQ:CHDN) fell 14.9% in the morning session after the company reported mixed first quarter 2025 results, which included an EPS beat, but revenue and EBITDA were in line. Revenue was up 9%, with both gaming and racing up around 10%. But TwinSpires, where customers place horse bets online, saw less action, which softened the overall results. Management maintained a steady tone, reaffirming confidence in its core businesses but

StockStory 1 hour ago

CHDN
Why Shares of Pony AI Blasted 70% Higher This Week

Since last Friday, shares of Pony AI (NASDAQ: PONY), a China-based autonomous vehicle company, have blasted over 70% higher, as of 1:38 p.m. ET Thursday. The company recently rolled out its seventh-generation autonomous driving system at the auto show in Shanghai. Investors are clearly impressed by Pony AI's robotaxis, which are backed by Toyota.

Motley Fool 1 hour ago

PONY
Why IBM (IBM) Shares Are Getting Obliterated Today

Shares of technology and consulting giant IBM (NYSE:IBM) fell 7.5% in the afternoon session after the company reported mixed first-quarter 2025 results, as a significant operating income miss weighed on the overall performance. On the other hand, IBM exceeded expectations for revenue, adjusted EPS, and EBITDA. Overall, we think this was a decent quarter, with some key metrics above expectations. The areas below expectations seem to be driving the move, and shares traded down.

StockStory 1 hour ago

IBM
Why ServiceNow (NOW) Stock Is Trading Up Today

Shares of enterprise workflow software maker ServiceNow (NYSE:NOW) jumped 15.2% in the afternoon session after the company reported strong first-quarter 2025 results, with cRPO (current remaining performance obligations) and RPO (remaining performance obligations) both beating. Although reported revenue roughly met expectations, profitability outperformed, leading to beats for adjusted operating income and adjusted EPS. Revenue from the US public sector grew net-new ACV (annual contract value) o

StockStory 1 hour ago

NOW
Wall Street Rally Powers On as Fed-Cut Wagers Grow: Markets Wrap

(Bloomberg) -- Wall Street investors weighing the impacts of President Donald Trump’s trade war on Corporate America sent stocks climbing on bets the Federal Reserve could cut rates sooner than anticipated to prevent a recession.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo Fuel Affordable Ho

Bloomberg 1 hour ago

AAL

PG

DB
Why Procter & Gamble (PG) Stock Is Trading Lower Today

Shares of consumer products behemoth Proctor & Gamble (NYSE:PG) fell 5.4% in the morning session after the company reported mixed first quarter 2025 (fiscal Q3) results which included a significant beat on EBITDA but missed on revenue and came with lowered full-year EPS guidance. Sales dropped 2%, as people bought less in key lines like diapers and laundry. Higher prices kept organic sales just barely in the green at 1%. Zooming out, we think this was a mixed quarter. The areas below expectation

StockStory 1 hour ago

PG
Why Is Hasbro (HAS) Stock Rocketing Higher Today

Shares of toy and entertainment company Hasbro (NASDAQ:HAS) jumped 16.1% in the afternoon session after the company reported strong first quarter 2025 results which significantly exceeded analysts' expectations across revenue, EPS, and EBITDA. The real spark came from digital games. Zooming out, we think this quarter featured some important positives.

StockStory 1 hour ago

HAS
Uber Technologies (NYSE:UBER) Partners With Volkswagen For Autonomous Electric Fleet Deployment

Uber Technologies (NYSE:UBER) recently announced a landmark partnership with Volkswagen's autonomous mobility subsidiary to launch a fleet of all-electric, fully autonomous vehicles in the U.S. This move supports Uber's drive into advanced mobility solutions, potentially signaling a positive shift in market perception. This announcement coincides with a quarterly 8% price increase for Uber, amid a broader market upswing highlighted by tech sector gains following positive earnings reports...

Simply Wall St. 1 hour ago

UBER
ServiceNow (NYSE:NOW) Expands Partnerships With Vodafone and Aptiv, Reports US$3.1 Billion Revenue

ServiceNow (NYSE:NOW) recently experienced a 2.01% increase in its stock price over the last week, coinciding with the launch of strategic alliances and favorable earnings results. The company announced partnerships with High Alpha, Devoteam, Aptiv, and Vodafone Business to enhance its digital transformation and AI capabilities. Additionally, strong Q1 earnings results highlighted substantial revenue and net income growth. These developments provided support against the broader market's 2.3%...

Simply Wall St. 1 hour ago

NOW

Performance Overview

Return	COUNCODOS.NS	S&P BSE SENSEX (^BSESN)
YTD	+43.52%	+2.13%
1-Year	+48.27%	+8.05%
3-Year	+80.92%	+39.52%

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Related News

IBM stock falls after results reveal US government contracts canceled by DOGE

Netflix's new high, Bristol Myers outlook, Texas Instruments pops

P&G CEO: Consumers are doing less laundry amid tariff backdrop

Procter & Gamble CEO warns tariff uncertainty to continue

Big Tech stocks gain over $450 billion as Trump, Bessent signal deescalation of US-China trade war

IBM earnings top estimates, issues upbeat Q2 revenue outlook

Alphabet: Q1 Earnings Snapshot

Google parent Alphabet beats quarterly revenue estimates

IBM Tumbles as Software Segment Stumbles in Q1

Confluent, Braze, Asana, C3.ai, and Domo Shares Skyrocket, What You Need To Know

Why Is CrowdStrike (CRWD) Stock Soaring Today

Why Churchill Downs (CHDN) Stock Is Falling Today

Why Shares of Pony AI Blasted 70% Higher This Week

Why IBM (IBM) Shares Are Getting Obliterated Today

Why ServiceNow (NOW) Stock Is Trading Up Today

Wall Street Rally Powers On as Fed-Cut Wagers Grow: Markets Wrap

Why Procter & Gamble (PG) Stock Is Trading Lower Today

Why Is Hasbro (HAS) Stock Rocketing Higher Today

Uber Technologies (NYSE:UBER) Partners With Volkswagen For Autonomous Electric Fleet Deployment

ServiceNow (NYSE:NOW) Expands Partnerships With Vodafone and Aptiv, Reports US$3.1 Billion Revenue

Performance Overview