IBM just cut its outlook. Why its stock is bouncing higher anyway.
Paypal and Cintas were among the best-performing stocks, while semiconductor stocks SanDisk, Marvell Technologies dropped.
Markets
See Which Recent 13F Filers Hold GS
At Holdings Channel, we have reviewed the latest batch of the 49 most recent 13F filings for the 06/30/2026 reporting period, and noticed that Goldman Sachs Group Inc (Symbol: GS) was held by 16 of these funds. When hed…
ServiceNow’s stock rises as earnings show momentum in cybersecurity
ServiceNow (NOW) has become one of the clearest examples of how the market is reevaluating software stocks in 2026. The company is still posting strong revenue growth, but investors have become more cautious as newer AI…
Stocks Settle Lower as Crude Oil Prices Jump
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%. September E-mini S&P futures …
Canopy Growth Corporation (CGC) Dips More Than Broader Market: What You Should Know
Canopy Growth Corporation (CGC) closed at $0.91 in the latest trading session, marking a -2.67% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.14% for the day. Meanwhile, the …
Cotton Extends Gains on Wednesday
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index down 0.061.
EVIM Crosses Critical Technical Indicator
In the case of Eaton Vance Intermediate Municipal Income, the RSI reading has hit 29.2 — by comparison, the RSI reading for the S&P 500 is currently 49.0. A bullish investor could look at EVIM's 29.2 reading as a sign t…
Improved Monsoon Rains in India Undercut Sugar Prices
Sugar prices settled lower on Wednesday as India’s monsoon rains continue to improve. India’s Meteorological Department reported on Wednesday that India’s cumulative monsoon rainfall was 19% below normal as of July 22, …
Southwest Airlines' third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its outlook for the summer fell below Wall Street …
Digital Bank Revolut Is Valued At $115 Billion
Revolut, a digital bank that deals in cryptocurrencies, has been valued at $115 billion U.S. as part of a secondary share sale.
TDC Makes Notable Cross Below Critical Moving Average
In trading on Wednesday, shares of Teradata Corp (Symbol: TDC) crossed below their 200 day moving average of $48.84, changing hands as low as $48.67 per share. Teradata Corp shares are currently trading up about 1.1% on…
Cotton Firming Higher on Wednesday Morning
Cotton prices are trading with 25 to 30 point gains to start the Wednesday session. Futures rallied on Tuesday, with contracts 145 to 159 points higher at the close. Crude oil was up another $1.76 per barrel, with the U…
This ‘intrinsic value’ small-cap stock strategy keeps benefiting from deep research
On this week’s episode of The Morning Filter, Dave Sekera and Susan Dziubinski catch up on Federal Reserve Chair Jerome Powell’s remarks from Jackson Hole, Wyoming, and the latest tariff news. A couple of economic repor…
Stock Indexes Retreat as Crude Oil and Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.1…
Cocoa Prices Slump Amid Weak Demand and Abundant Supplies
September ICE NY cocoa (CCU26) on Wednesday closed down -279 (-4.98%), and September ICE London cocoa #7 (CAU26) closed down -202 (-4.84%).
IBM lowers full-year forecast after earnings warning
IBM on Wednesday lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected, even after the technology vendor issued an earnings warning last week. IBM said it aims to widen its full-y…
Brazil Coffee Harvest Pressures Weigh on Prices
September arabica coffee (KCU26) on Wednesday closed down -5.45 (-1.69%), and September ICE robusta coffee (RMU26) closed down -22 (-0.58%).
Form 144 EverCommerce Inc. For: 22 July
EverCommerce Inc insider Eric Remer has filed to sell 7,100 shares of EverCommerce common stock through Fidelity Brokerage Services LLC on July 22, 2026 on NASDAQ. The shares derive from a Stock Award dated July 1, 2021…
Improved Monsoon Rains in India Undercut Sugar Prices
Sugar prices settled lower on Wednesday as India’s monsoon rains continue to improve. India’s Meteorological Department reported on Wednesday that India’s cumulative monsoon rainfall was 19% below normal as of July 22, …
CGMU Crosses Critical Technical Indicator
In the case of CGMU, the RSI reading has hit 28.3 — by comparison, the RSI reading for the S&P 500 is currently 59.6. A bullish investor could look at CGMU's 28.3 reading as a sign that the recent heavy selling is in th…
U.S. signs nuclear power agreement with Saudi Arabia
The U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program in the kingdom.
John Paulson says we are in the early stages of a long-term bull market for gold
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally.
Fastly (FSLY) Fell as Growth Concerns Weakened Investor Conviction
Polen Capital, an investment management company, released its second-quarter 2026 investor letter for "Polen 5Perspectives Small-Mid Growth Strategy". A copy of the letter can be downloaded here. Polen 5Perspectives Sma…
Amazon cuts some jobs in its artificial general intelligence unit
Amazon is laying off some employees in its unit focused on artificial general intelligence, the company confirmed Wednesday, as it continues to cut jobs while pouring money into AI.