Goldman Sachs Identifies 19 Larger US Stocks With High Crypto and Blockchain Exposure
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
IBM (IBM) Confirms Acquisition of Turbonomic
April 29, 2021 5:24 PM EDTIBM (NYSE: IBM) today announced a definitive agreement to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. The acquisition will provide businesses with full stack application observability and... More
Overstock.com (OSTK) Tops Q1 EPS by 50c, Revenues Beat
April 29, 2021 6:21 AM EDTOverstock.com (NASDAQ: OSTK) reported Q1 EPS of $0.56, $0.50 better than the analyst estimate of $0.06. Revenue for the quarter came in at $659.86 million versus the consensus estimate of $582.35 million.
Total net revenue was $660 million, an increase of 94% year over yearGross profit was $154 million or 23.3% of total net revenue, an increase of 141 basis points year over yearIncome from continuing operations was $26 million, an improvement of $40 million year over... More