Bitcoin drops below $30,000

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Bitcoin tumbled below $30,000 on Thursday, as the cryptocurrency continued its 2021 slide after quadrupling in value last year. The digital currency dropped 17% to $29,246.77, wiping out about $100 billion from the market, according to data from CoinDesk. It’s now down more than 30% since peaking at $41,940 earlier […]

Earnings slide may have leaked early

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Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images On Thursday, financial wires published details of Intel’s fourth-quarter earnings results minutes ahead of the markets […]

Stock futures flat to end record-setting week

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John Nacion | NurPhoto | Getty Images Contracts tied to the major U.S. stock indexes held around the flatline Thursday evening as Wall Street appeared headed to close out the record-setting week on a muted note. Dow futures lost 27 points while S&P 500 futures ticked slightly higher. Nasdaq-100 futures […]

IBM, Seagate, Ford & more

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Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: IBM — Shares of IBM fell more than 6% in the extended session after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% […]

IBM earnings Q4 2020

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SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference in New York on June 16, 2016. Brian Ach | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the company reported fourth-quarter revenue that fell short of analysts’ […]

Intel (INTC) earnings Q4 2020

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Bob Swan, then-interim chief executive officer and chief financial officer of Intel Corp., reacts during the inauguration of the company’s research and development facility in Bengaluru, India, on November 15, 2018. Samyukta Lakshmi | Bloomberg | Getty Images Intel stock rose more than 7% on Thursday as the chipmaker reported […]

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