Stocks reached new highs on Monday, with 99 S&P 500 stocks hitting peaks and the Russell 2000 up 11% in November. Key reports on home prices and new home sales are expected Tuesday, while software stocks, led by AppLovin and Palantir, show significant gains since the election. Retailers like Burlington and Dick’s Sporting Goods are set to report earnings, with mixed performance noted in the sector.
IBM shares fell 3% after the company reported third-quarter earnings that missed revenue expectations, with total revenue at $14.97 billion against a $15.07 billion forecast. The firm experienced a net loss of $330 million, attributed to a pension settlement charge, despite a 1.5% year-over-year revenue increase. Consulting revenue declined slightly, while software revenue rose 10%, bolstered by a 14% increase from Red Hat.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.