U.S. IT Stock News

Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see...

On Holding (NYSE:ONON) recently provided robust earnings guidance and announced a significant uptick in both quarterly and yearly sales figures, signaling financial strength and growth potential. Despite this positive outlook, the company's shares moved down by 11% last week, a decline that stands in contrast to its reported improved financial performance. This downturn occurred amid a broader market decline of 4% due to heightened economic concerns, particularly regarding tariffs and...

Kohl's ( NYSE:KSS ) Full Year 2025 Results Key Financial Results Revenue: US$16.2b (down 7.2% from FY 2024). Net...

Affirm Holdings (NasdaqGS:AFRM) recently announced several new partnerships, including with StockX and Stitch Fix, aiming to enhance its position in the flexible payment solutions market. Despite these strategic collaborations, Affirm's share price dropped 18% over the past week. This decline coincided with the company's announcement of a follow-on equity offering of 22 million shares, which can often lead to a short-term decrease in stock value due to concerns about dilution. Meanwhile, the...

Baker Hughes (NasdaqGS:BKR) experienced a 1.44% decline in share price over the last quarter, a period marked by significant developments. The company's partnership framework with NextDecade Corporation to supply gas turbine and refrigerant compressor technology for the Rio Grande LNG Facility represents a long-term growth avenue. Despite this, the stock's performance may have been influenced by broader market factors, as the market saw a 3.7% drop over the past week amid economic...

Hewlett Packard Enterprise (NYSE:HPE) has recently embarked on notable client partnerships, such as its collaboration with Klein Computer System AG to deploy HPE Private Cloud AI and with Spark New Zealand to enhance IT infrastructure through HPE GreenLake services. Despite these initiatives, HPE's share price fell 19% last week, amidst a broader market downturn of 3.7%. This decline coincides with concerns emanating from fiscal policy uncertainties and recession expectations impacting...

The recent legal troubles surrounding AppLovin (NasdaqGS:APP), including a class action lawsuit alleging securities law violations and accusations of unethical practices from Fuzzy Panda Research, have likely played a significant role in the company’s 21% share price decline over the past week. These allegations raise concerns over its business practices and growth claims, notably tied to its AXON 2.0 platform. Despite the broader market's tech rally led by companies like Tesla and Nvidia...

Moderna (NasdaqGS:MRNA) saw an 11% increase in share price over the last week, likely influenced by recent legal and financial developments. The announcement of multiple international lawsuits from Genevant Sciences and Arbutus Biopharma over patent issues may have injected uncertainty, but the stock's rise could suggest investor confidence in Moderna's ability to navigate these challenges. The company's financial performance update, with significant declines in both quarterly revenue and...

Airbnb (NasdaqGS:ABNB) recently announced its Q4 2024 earnings results, reporting sales of $2,480 million and a significant turnaround in net income to $461 million compared to a net loss the previous year. Despite positive revenue growth and improved earnings, the company's shares experienced a 7% price decline over the past month. Contributing factors could include its reduced full-year net income and earnings per share for 2024 compared to 2023. Additionally, the broader market faced...

Phillips 66 (NYSE:PSX) experienced a 2.70% price increase over the last month, coinciding with several strategic moves and market developments. The company actively engaged in investor communications, highlighted by a fireside chat with CEO Mark Lashier, which reinforced transparency and governance efforts amid investor activism led by Elliott Investment Management. This engagement occurred parallel to large overarching market trends, where the tech-heavy Nasdaq faced significant losses, yet...

Expedia Group's (NasdaqGS:EXPE) recent partnership with Southwest Airlines and the launch of Quill Rewards reflect efforts to expand its offerings and customer engagement. Despite these initiatives aimed at enhancing customer experience and brand alignment, the company's stock experienced a decline of 13.22% over the past week. This decrease occurred against a backdrop of broader market volatility, where major indices like the Nasdaq fell due to concerns over tariffs and a possible recession...

Fortinet (NasdaqGS:FTNT) recently advanced its OT Security Platform, enhancing protection for critical infrastructure against evolving cyber threats. This expansion, coupled with Fortinet's collaboration with Honeywell, aligned with efforts to fortify cybersecurity capabilities, which may have positively influenced the share price, contributing to its 0.24% increase over the past quarter. The company’s recent earnings report showed strong financial performance, with notable revenue and net...

CME Group (NasdaqGS:CME) recently announced the launch of Bloomberg Commodity Subindex futures, slated for March 31, pending regulatory approval. The inclusion of these futures on CME may be a factor in the company's 11% share price movement over the last quarter. During this period, the company demonstrated robust growth with a 230% year-over-year increase in average daily volume of BCOM contracts and a 64% rise in open interest. Moreover, CME reported strong financials, with Q4 revenues...

Accenture (NYSE:ACN) and CrowdStrike announced a strategic partnership aimed at transforming cybersecurity for clients, yet despite this promising collaboration, the company's stock was down 5% over the past week. The overall market also faced pressure, dropping 4%, as investors reacted to tensions regarding tariffs and a potential economic slowdown, with the S&P 500 and Nasdaq experiencing substantial declines. Although major tech stocks rallied midweek, this did not prevent Accenture's...

Yum! Brands (NYSE:YUM) recently introduced the innovative "Pizza Charcuterie" through its Pizza Hut chain in collaboration with Robert Gronkowski, positioning itself for heightened customer engagement and social buzz. This launch, alongside a 6% quarterly dividend increase and robust Q4 earnings growth, likely propelled a 13% share price increase over the last quarter despite the decline in net income. Additionally, Yum! Brands’ significant share repurchase and the introduction of the "Byte...

Johnson Controls International (NYSE:JCI) recently affirmed its commitment to shareholder returns by approving a quarterly dividend of $0.37 per share. Despite this stable dividend announcement, the company's stock price fell by 4.83% over the past week. This decline contrasts with broader market trends that saw a more modest decline of 3.7%, despite encouraging economic data such as the Consumer Price Index report. While tech stocks rebounded amid hopes of future Federal Reserve rate cuts,...

Kraft Heinz (NasdaqGS:KHC) experienced a 6% price increase over the past month, likely influenced by its recent product initiatives that have captured consumer attention. The launch of the HEINZ Chip Dip on March 12, with its playful pairing of potato chips and ketchup, coinciding with National Potato Chip Day, may have contributed to increased brand visibility in the consumer market. Additionally, the launch of Crystal Light Vodka Refreshers and the Flavor Tour Sauces have diversified its...

Chubb (NYSE:CB) recently experienced a price movement of 8% over the last month, alongside significant leadership changes and business restructuring. The appointment of Rob Poliseno as Division President and Jason Ranucci as COO to lead the newly formed North America Small & Lower Midmarket division symbolizes a strategic alignment toward enhanced operational efficiency. Additionally, Chubb's affirmation of a quarterly dividend reflects its commitment to shareholder returns. Although the...

Walt Disney (NYSE:DIS) shares declined by 10% last week amid several unfolding events. The recent partnership with Bath & Body Works to launch the Disney Princess Fragrance Collection may have offered some market intrigue, but it was overshadowed by ongoing discussions involving Disney's indirect stake through Tata Play in the merger talks with Bharti Airtel. Meanwhile, investor sentiments might have been swayed by As You Sow's proposal for Disney to disclose risks associated with high-carbon...

Target (NYSE:TGT) recently announced a quarterly dividend of $1.12 per common share, sustaining their long-standing tradition of consistent shareholder returns. The company also launched a partnership with Dropps for eco-friendly cleaning products, further solidifying its focus on sustainability. Despite these positive developments, Target's share price experienced a 3.74% decline last week, aligning with broader market trends where major indices have also felt pressure. The general market...

Comcast (NasdaqGS:CMCSA) announced enhancing its Xfinity Internet speeds and additional mobile benefits to over 20 million customers at no extra charge, likely supporting its stock's 4.6% gain over the past month. These moves strengthen its network reliability and digital security, offering improved connectivity and customer advantages. This aligns with a broader market trend where technology stocks experienced a rebound following the recent tech rally, as evidenced by the Nasdaq's rise...

Recently, McDonald's (NYSE:MCD) experienced a 4% share price increase over the past month, likely influenced by recent management changes, including the appointment of Jill McDonald as Executive Vice President – Global Chief Restaurant Experience Officer. As the company maneuvers through executive transitions, it strategically issued $1.5 billion in medium-term notes in early March, alongside these developments. In the broader market landscape, the recent positive Consumer Price Index...

Last week, Salesforce (NYSE:CRM) announced a significant collaboration with Singapore Airlines, integrating its technologies to enhance customer service through AI solutions. Despite this positive development, the company's stock faced a decline of 3.58% over the same period. This dip aligns with broader market trends, as the market itself dropped by 3.7%, affected by ongoing economic uncertainties, including concerns about tariff impacts and potential recession risks. During this time, major...

T-Mobile US (NasdaqGS:TMUS) recently experienced a 9.53% rise in its share price over the last quarter, a notable uptick potentially influenced by several key developments. A significant announcement was the multi-year agreement with New York Mobile, which leverages T-Mobile's 5G infrastructure to introduce a premium MVNO service. This emphasizes customer identity and customizability, setting a strong market position. Additionally, T-Mobile's technological advancements, such as the debut of...