Showing posts with label IBM. Show all posts
Showing posts with label IBM. Show all posts

Tuesday, April 19, 2016

Today's Stock Market (2016.04.19)

Daily Analysis
Dow, Nasdaq, and S&P500 by closing time (5:46pm ET)
Dow and Nasdaq throughout trading hours (4:44pm ET)

  • Dow and S&P closed higher than yesterday, and Nasdaq closed lower than yesterday.
    • Oil prices and raw material prices went higher, but the IT industry was performed very badly.
      • That was also the reason why only Nasdaq closed lower than yesterday.
  • Oil price soared up to $41 per barrel
    • $40.96 per barrel (5:07pm ET)
  • Market started with an incline as raw material prices and oil prices soared, but in the middle IT companies like Netflix and IBM stocks plunged, causing the overall indexes to collapse.
International/U.S. Economy
  • Oil prices continued to soar up as production decreased because of strike in Kuwait and fire in Nigeria's oil pipe.
  • European Market was bullish as oil price soar and companies released better earnings. English FTSE100 rose 0.82%, German DAX rose 2.27%, and French CAC 40 rose 1.32%.
  • US Dollar turned bearish due to poor economic barometers, which may lead to lowering standard interest. Dollar index dropped 0.54% today.
Individual Analysis
  • Netflix (NFLX) shares dropped 12.97% as they released their quarter reports with disappointing international subscriber growth, which added only 4.5 million subscribers abroad.
  • IBM (IBM) shares also plunged as they released their quarter report with lower net profit, which dropped from $2.3 billion to $2 billion.
  • Illumina (ILMN) shares plunged 23.16% as the company warned that it would miss on first quarter revenue and lowered revenue estimates for the full year.

Thursday, March 3, 2016

Today's Stock Market (2016.03.03)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout the day (5:16pm ET)

  • Continuing from yesterday, all three indexes remain unstable throughout the day.
    • However, after a small crash in the middle of the day, the indexes steadily recovered and managed to finish higher than yesterday.
  • Oil prices continue to remain over $34 per barrel
    • $34.70 per barrel (6:44pm ET)
International Market
  • Brazil is suffering major economic crash; their data indicated that their economy shrank 3.8% in 2015. This is the biggest annual drop since 1990 and the country is in its longest recession since the 1930s.
  • Although Goldman Sachs and IMF warned Britain about leaving the E.U., more than 200 small businesses called on their government to leave E.U.
  • Zimbabwe has shut down all of their Diamond mines. They are trying to regain control of their diamond mines. However, companies are protesting against this decision and they are going to court to stop or at least negotiate about this problem.
Individual Analysis
  • Chipotle (CMG)'s stock has finally stopped falling since the outbreak of E.Coli bacteria within their food. However, their stock prices are still lower than their all time high since last summer.
  • Amazon (AMZN)'s price is recovering back from their major crash. Their stocks surged 4.8% at Tuesday, and it continued to secure their price.
  • IBM (IBM)'s stock also continued to surge since Tuesday. Their stocks closed 1.1% higher than yesterday.

Thursday, February 18, 2016

Today's stock market (2016.02.18)

Daily analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq graph during trading hours (5:16pm ET)

  • All three indexes saw slight drop through the day
  • All three indexes have similar rise and fall, but compared to Dow, Nasdaq and S&P was more inconsistent and changing.
  • Oil price stays over $30 per barrel, but there is no sign of oil price recovering
    • $30.52 per barrel (6:34pm ET)
International Economy
  • Congress is raising objection to the Chinese company's plan to buy Chicago stock exchange. 45 members signed to a letter that was sent to the U.S. treasury department, and the letter stated that lawmakers called for a "full and rigorous investigation" into the proposed sale, and the intention of Chinese government is unclear.
  • Five employees of ICBC (IDCBY), the biggest bank in China, were arrested in Spain on suspicion of laundering money across Europe.
  • As oil prices stay depressed, production in Canada is beginning to drop: 'The oil sands are making no money on any barrels being produced.' That means layoffs, equipment auctions and cities like Calgary rethinking its energy strategy.
Individual Analysis
  • NVIDIA (NVDA), a company that manufactures Graphic chips for individual computers, has soared 9% after releasing their quarter report. The report posted revenue growth of 12%, and adjusted earnings-per-share gains of 21%, both of which were better than investors had expected. 
  • IBM (IBM) stocks has rose 5% during the day, making IBM Dow's biggest percentage point gainer. IBM shares have received an upgrade from Morgan Stanley's analyst, and also made a deal to buy Truven Health Analytics.