Advertisement
U.S. markets open in 3 hours 40 minutes
  • S&P Futures

    5,207.25
    -7.50 (-0.14%)
     
  • Dow Futures

    39,182.00
    -41.00 (-0.10%)
     
  • Nasdaq Futures

    18,198.50
    -33.00 (-0.18%)
     
  • Russell 2000 Futures

    2,043.50
    -6.30 (-0.31%)
     
  • Crude Oil

    82.47
    -0.25 (-0.30%)
     
  • Gold

    2,157.10
    -7.20 (-0.33%)
     
  • Silver

    25.11
    -0.15 (-0.59%)
     
  • EUR/USD

    1.0840
    -0.0037 (-0.34%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • Vix

    14.57
    +0.24 (+1.67%)
     
  • GBP/USD

    1.2672
    -0.0056 (-0.44%)
     
  • USD/JPY

    150.6200
    +1.5220 (+1.02%)
     
  • Bitcoin USD

    63,731.99
    -4,282.20 (-6.30%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,719.01
    -3.54 (-0.05%)
     
  • Nikkei 225

    40,003.60
    +263.20 (+0.66%)
     

IBM sinks after big miss; Hasbro sales driven by boy toys; Apple Pay checks in

Here is a look at some of the stocks the Yahoo Finance team will be tracking for you today.

IBM (IBM) grabbing investor’s attention this morning.  The company released quarterly results ahead of schedule. IBM reported earnings and revenue that missed Wall Street views. Revenue fell nearly 4% from a year ago as sales fell across several divisions.  Big Blue also announced it is paying chip manufacturer Globalfounderies $1.5 billion to take its money-losing semiconductor business off its hands. Shares of IBM are down sharply ahead of the bell.

Shares of German software maker SAP (SAP) are lower in early trading after the company cut its profit outlook for the year as customers move to cloud-based software. That is software run over the internet in remote data centers. However, SAP reported a 15% increase in third-quarter net profit.

In other earnings news, Hasbro (HAS) reported earnings per share that beat analysts' estimates by a penny. Revenue came in right in-line with expectations, up more than 7% from a year earlier driven by strong demand for boys' toys such as Transformers and Marvel products. This comes after Mattel (MAT) reported disappointing results last week as it struggles with sales declines in its Barbie brands.

We are also keeping an eye on shares of Microsoft (MSFT); the company is reportedly looking to jump into the wearable device market. Forbes is reporting that Microsoft will launch a smartwatch in the next couple of weeks, just in time for the holidays. The wearable device will be able to monitor heart rate and will work on multiple mobile platforms.  The gadget will also have a battery life which can last more than two days of regular use.

Apple (AAPL) is rolling out its new Apple Pay payment service today.  Apple is hoping you and I will use it instead of credit and debit cards. Apple is also due to report quarterly earnings after the close of trading.  Analysts will be watching to see how sales of the new iPhone 6 have fared so far.

Advertisement