IAM Newswire

IAM Newswire Recent News

BlackBerry's Turnaround Isn't Near
It's no secret that BlackBerry Limited (NYSE: BB) is in desperate need of some good news. But shares 1.7% after the company posted quarterly results on Tuesday despite the communications software maker beating Wall Street expectations.
Sponsored
Nike Just Did It Despite Supply Chain Constraints
On Monday, Nike Inc (NYSE: NKE) shares rose more than 3% as fiscal second-quarter earnings and revenue topped Wall Street estimates fueled by strong demand in its biggest market, North America.  In an even stronger competitive position than before the pandemic, Nike backed its full-year outlook, guiding f
Sponsored
EV-Powered FedEx Delivers
On December 20th, FedEx Corporation (NYSE: FDX) received the first five of 500 electric vans, making it the first customer to receive the EV600s, which are the fastest built vehicles, from concept to market, in General Motors' (NYSE:
Sponsored
Adobe's Shares Tanked But Its Business Is as Healthy as Ever
Last Thursday, Adobe Inc (NASDAQ: ADBE) shares dropped 10% as investors punished the company for lower guidance that the Chairman and CEO Shantanu Narayen blamed on timing and foreign exchange, assuring that the business is as healthy as it has ever been.
Sponsored
You Cannot Not Applaud Costco
More than a week ago, Costco Wholesale Corporation (NASDAQ: COST) reported very Costco-like quarterly results, and analysts and shareholders didn't expect anything less.
Sponsored
Toyota Is Officially An EV Believer
On December 14th, the president of Toyota Motor (NYSE: TM) Akio Toyoda committed to making 3.5 million EVs a year by 2030, only seven months after the Japanese giant set a target of selling only 2 million EVs by the end of the decade.
Sponsored
Christmas Week's Earnings Repertoire
Last week was marked by Fed's decision Wednesday to accelerate the end of quantitative easing and to pencil in three interest-rate increases for next year. Fed Chairman Jerome Powell also warned that high inflationary rates will persist.
Sponsored
Oracle's Cloud Shift Seems to Be Working
Last Thursday, Xerox Holdings Corp.
Sponsored
No One Knows What Game Is GameStop Playing
Last week, GameStop (NYSE: GME) surprisingly topped revenue estimates for its third quarter. However, the video game retailer widely missed analysts' earnings guidance.
Sponsored
Wednesday Is the Day of the Week
Last week ended with all three major indexes posting gains, with the Dow even making the biggest weekly percentage gain in 40 weeks. Whether Santa Claus will be making its magic all the way greatly depends on Fed who will be announcing its concluded policy after a two-day meeting.
Sponsored
Toyota Faces Setbacks on Its EV Quest
On December 6th, the Japanese giant revealed it is building a $1.3 billion battery plant in the US, more precisely, North Carolina.
Sponsored
Stitch Fix Needs Fixing
On Tuesday after the bell, Stitch Fix Inc (NASDAQ: SFIX) topped fiscal first-quarter expectations by reporting a narrower-than-expected loss and beating analysts' sales expectations as sales were fueled by new customers of its direct-buy option.
Sponsored
DocuSign Has Some Negotiating To Do
On Friday, DocuSign (NASDAQ: DOCU) saw its shares plummet more than 42% after providing a rather weak outlook despite the e-signature software maker beating expectations for its reported quarter. However, it did recover a bit on Monday thanks to famed growth investor Cathie Wood.
Sponsored
Snowflake- A Rare 2021 Exception
Last Thursday, shares of Snowflake Inc (NYSE: SNOW) jumped more than 15% after the data-analytics software surpassed analyst expectations and delivered outstanding growth metrics in its fiscal 2022 third-quarter report.
Sponsored
Omicron Casts a Shadow Over Salesforce's Better-Than-Expected Q3 Results
Salesforce.com Inc (NYSE: CRM) has had the worst day since COVID-19 started its relentless march across the globe due to disappointing guidance.
Sponsored
News From Microsoft's Soon-To-Be-Metaverse
On Tuesday's annual general meeting, shareholders voted for Microsoft Inc (NASDAQ: MSFT) to publish a report on the effectiveness of its workplace sexual harassment policies in what was a rare win for activists two decades after the board's investigation into co-founder Bill Gates' activiti
Sponsored
Macro Headwinds Threaten Autodesk's Growth Story
On November 24th, Autodesk Inc (NASDAQ: ADSK) showed its business is still resilient but despite exceeding expectations for the reported quarter, its stock plummeted 15% due to mixed fourth-quarter guidance.
Sponsored
This Week's Earnings Report Radar
Last week ended with the Dow Jones Industrial Average suffering its worst day of the year and the S&P 500 had its biggest drop since October 2020 as fears surrounding a new, heavily-mutated variant of Covid-19 spread. The Nasdaq also had its worst weekly performance since February so all in all, Friday was really ‘black'.
Sponsored
HP and Dell Rejoice as Offices Reopen
As companies continue committing funds to lure employees back into offices by improving their experience, PC demand keeps on going strong.
Sponsored
Ford Is Doing Whatever It Takes To Overthrown Tesla
The legendary Blue Oval has its eyes set to become the biggest US-based EV manufacturer.
Sponsored
The Mighty Alibaba Has Fallen
Last Thursday, the all-mighty Chinese multinational technology company missed revenue and earnings expectations for the September quarter.
Sponsored
GM's EV Hummer Is Coming
Although General Motors (NYSE: GM) brought nothing to the LA Motor Show, it will begin its GMC Hummer deliveries just in time for Christmas. The brand's chief said on November 23rd that deliveries will begin in December.
Sponsored
Zoom Eases Growth Concerns
On Monday after the close, Zoom Video Communications (NASDAQ: ZM) exceeded analysts' estimates for its fiscal third quarter, along with issuing better-than-expected guidance, somewhat easing concerns of the expected revenue slowdown in a post-pandemic world.
Sponsored