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ServiceNow reported second-quarter results the evening of Wednesday, July 22, beating Wall Street’s expectations on revenue, margin, and bookings. The backdrop made that harder than it sounds. Investors had spent the prior week watching IBM and Pegasystems blame artificial intelligence spending ...
Nvidia, Microsoft and other tech heavyweights made a public case to lawmakers on Friday in favor of open-source AI models, wading into a debate roiling the business and policy worlds over who controls the powerful technology. In a letter posted on X and also signed by two dozen companies and groups including Meta Platforms and IBM, Nvidia CEO Jensen Huang said that lawmakers should avoid "premature restrictions on open models that stifle competition or drive innovation overseas." The letter adds to the growing debate about open-source models that are harder to regulate, such as Nvidia's own and those released in recent weeks by Chinese labs, and the closed-source models controlled by specific companies such as OpenAI and Anthropic.
Investing.com -- The heavyweights of the tech world just drew a line in the sand. In a massive show of force, a coalition of major companies—including Meta, Microsoft, Nvidia, and IBM—released an open letter demanding the U.S. government embrace open-weight AI models to secure its global edge.
Capital expenditure (capex) concerns are weighing on technology stocks as investors scrutinize Big Tech's heavy spending on AI infrastructure. Robinhood (HOOD) chief investment officer Stephanie Guild and Miller Tabak managing director and equity strategist Matt Maley join Opening Bid Host Brian Sozzi to discuss why rising capex has become a key concern for the market.
QBTS expects modest Q2 growth as revenue timing, RPOs and system transactions shape its 2026 recognition pattern, with more revenues in H2.
Wall Street is set for a tentative recovery on Friday after the previous session's technology selloff wiped roughly $800 billion from the market value of the so-called Magnificent Seven tech giants, with the world also waking to a new US tariff regime. Dow Jones futures were up 199 points or...
Plus, Trump’s frustrations over the Iran war, behind the scenes with our travel columnist, and the fight to save all-you-can-eat buffets in Las Vegas.
A device developed by Waterloo-based QuantumCore Inc. may help Google and IBM to scale up their quantum computing
IBM aims to strengthen its quantum technology capabilities with the planned purchase of R&D firm.
While other tech giants spend on AI data centers, Big Blue aims to keep selling mainframes and pour profits into quantum computing.
IBM (NYSE:IBM) has signed a definitive agreement to acquire HRL Laboratories. The deal is intended to expand IBM's quantum computing portfolio by adding HRL's silicon spin qubit expertise. The acquisition is focused on longer term progress in scalable and fault tolerant quantum systems. For investors tracking IBM, this move fits within the core of the company’s long term quantum computing ambitions. IBM has been building out quantum hardware, software, and ecosystem partnerships, and HRL...
The picture emerging from Q2 earnings is one of broad-based strength. Companies are comfortably beating consensus estimates-even as those forecasts were revised upward leading into the reporting cycle-while the overall pace of earnings growth continues to accelerate noticeably.
IBM says it’s acquiring HRL Laboratories to accelerate its roadmap in fault-tolerant quantum computing. But does that warrant buying IBM shares today?
Find insight on Alphabet, SK Hynix, CXMT and more in the latest Market Talks covering technology, media and telecom.
Once ranked among America's corporate giants, IBM has missed nearly every major tech revolution of the past four decades. Now a stunning earnings report reveals just how far and how fast the company continues to fall.
IBM stock could be stuck in the penalty box for some time after its Q2 earnings pre-release sent shares tumbling.
International Business Machines' (IBM) second half recovery scenario is plausible, supported by earl
IBM (IBM) lowered its full-year sales out after falling short of second quarter earnings and revenue estimates. The stock is down nearly 30% year-to-date in 2026. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the latest round of AI volatility that the chipmaker may be caught up in.
IBM is still hoping on the mainframe rebound.
IBM's Q2 earnings met estimates, but delayed software deals and weaker mainframe sales drove a revenue miss and lower 2026 growth guidance.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.20%. September E-mini S&P futures (ESU26 ) are down -0.77%, and September E-mini Nasdaq futures...
IBM cuts its 2026 revenue growth outlook after delayed software deals, while early Q3 closures and infrastructure strength support a second-half rebound.
International Business Machines Corp (NYSE:IBM) shares were set to open about 2% lower on Thursday after the technology company reported second-quarter revenue and adjusted earnings that missed Wall Street expectations while lowering its full-year constant currency revenue growth...
