IBM’s stock has crushed the S&P 500 this year. That raises the bar for earnings.
Despite expectations for a mixed second quarter, some analysts are staying confident on IBM’s software segment
Pepsi introduces prebiotic cola after Poppi acquisition
Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the […]
JPMorgan overhauls quantum computing leadership, poaches State Street exec
Marco Pistoia, Global Technology’s Head of Applied Research and Engineering at JP Morgan. Source: JP Morgan JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, hiring a State Street executive, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of […]
Here’s what Americans are willing to sacrifice to save Social Security
Americans agree — across political, economic and generational lines — that the program is worth saving.
LVMH-backed L Catterton takes 20% Flexjet stake
A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images An investment group led by LVMH’s private equity arm is buying 20% of private jet company Flexjet, marking the latest push by the luxury industry […]
Verizon’s stock is rising. Here’s the biggest positive from earnings.
Verizon upped its expectations for free cash flow, a closely followed investor metric.
Stellantis warns of $2.7 billion loss on writedowns, tariff impact
Stellantis on Monday guided for a surprise loss in the first half of the year, as the Jeep and Ram pickup truck maker flagged a big charge ahead of results next week.
U.S. stock futures flat as investors look ahead to earnings, tariff developments
U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings.
They shrunk the airport lounge: Why that flight-day haven may be getting smaller
American Express and American Airlines airport lounges will soon be available in travel-sized versions.
Alphabet’s earnings will probably be fine, analysts say, but it faces this threat to its core business
AI is a main theme of second-quarter earnings as Alphabet reports this week. Tesla, Mattel, Hasbro and Coca-Cola also report, as Trump policies remain top of mind.
