Wall Street looked set for a mixed open as investors digested a 23% plunge in IBM shares, another jump in oil prices and the start of the second-quarter earnings season. Dow Jones futures were down 281 points, or 0.5%, while S&P 500 futures were 0.1% lower. Nasdaq futures were pointing...
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IBM reported preliminary Q2 revenue of $17.2 billion, well below analyst expectations, as large deals failed to close on time
By Ragini Mathur and Avinash P July 14 (Reuters) - S&P 500 and Dow futures fell on Tuesday in choppy trading as investors sifted through earnings reports from Wall Street's biggest banks, while IBM
Investing.com --IBM’s preliminary second-quarter results delivered a gut punch to investors, sending the stock down 19% on Tuesday morning as a massive, industry-wide shift in hardware capital expenditure (capex) cannibalized the company’s high-margin software business.
IBM stock plunged after an unexpected pre-earnings warning.
IBM stock plunged after an unexpected pre-earnings warning.
IBM stock plunged after an unexpected pre-earnings warning.
IBM stock tumbled after the company published its earnings ahead of schedule and acknowledged a "disappointing" quarter.
IBM said on Tuesday it expects second-quarter revenue of $17.2 billion, according to preliminary results. Analysts expect the company to report revenue of $17.86 billion, according to data compiled by LSEG. Shares of the company fell 14% in premarket trading.
Fresh inflation data, Fed rate hike bets, a shaky AI trade, and a reescalating US-Iran war factored into Tuesday's stock market moves.
Oracle and IBM are both gaining market share in the cloud computing industry, but one of them appears to be the clear winner.
Shares of quantum computing leader IonQ on Monday were on pace to close down for a ninth straight day, a streak not seen since September 2023.
At $292.59, International Business Machines (NYSE:IBM) is a Buy, echoing Jim Cramer’s call on Mad Money after a viewer asked for a verdict on the stock. Cramer called IBM inexpensive, praised CEO Arvind Krishna’s execution, and told viewers to buy some now and add on any panic dips. IBM sits at the intersection of enterprise ... Jim Cramer Says Buy IBM Right Now: Here Is Why Arvind Krishna Has This Stock Undervalued
Starbucks is ditching legacy software vendors for homegrown AI tools. Here's why that could eventually benefit companies like Toast.
International Business Machines Corporation (NYSE:IBM) was among Jim Cramer’s stock calls on Mad Money, as he advised investors to stick with the largest tech companies in the market. Asking for Cramer’s opinion, a caller inquired if they should buy, sell, or hold the stock. He replied: I want you to buy the stock… of IBM. […]
HUBS' faster 2026 growth outlook, lower valuation and expanding AI capabilities give it an edge over IBM.
Tech stocks fell on Monday amid an ongoing debate over artificial intelligence spending and profitability.
Oracle is testing a key support level of $134, but retail traders note that its financial performance warrants a much higher valuation.
Starbucks is reportedly developing in-house AI software to replace the ones it currently relies on.
IBM is advancing its AI strategy with Bob updates, giving investors fresh cues on its evolving growth journey.
Starbucks (SBUX) is building internal AI tools to replace Microsoft and IBM software, targeting $400 million in annual vendor spend and cutting $30 million from its tech budget.
We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks. International Business Machines Corporation (NYSE:IBM) is one of the stocks discussed by Jim Cramer. International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite stocks. The shares are up by a modest 1.3% over the past […]
In recent days, Palo Alto Networks has highlighted expanded AI-driven cybersecurity initiatives, including new collaborations with IBM, Red Hat and Tenzai, along with the launch of its Idira identity security platform and continued growth in platformized customers. CEO Nikesh Arora’s public push for sharply lower AI token costs underscores both the economic hurdles to enterprise-scale AI adoption and Palo Alto Networks’ ambition to sit at the center of AI-powered security. We’ll now consider...
International Business Machines (NYSE:IBM) commercially launched Lightwell with Red Hat, an AI-driven platform for automated remediation of vulnerabilities in open source software dependencies. IBM also released a major update to its Bob agentic software development platform, adding AI-native modernization workflows for mainframe, IBM i, and Java environments. International Business Machines enters this news cycle with its stock at $287.56 and a 5.6% gain over the past 30 days. The...
Quantum technology has become a U.S. national security priority after China identified quantum computing as one of its seven future industries.
A company is buying its own shares with extraordinary conviction as the market sells them off, creating a high-stakes standoff over its future.
IBM's AI Momentum Isn't Enough to Win a Bullish Rating From Susquehanna
Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...