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IBM sinks on prelim. earnings: What this signals about software, chip stocks
Yahoo Finance Video21d agoneutralVIDEO
IBM sinks on prelim. earnings: What this signals about software, chip stocks

IBM (IBM) stock plunged over 20% in Tuesday's session after releasing weaker-than-expected preliminary results for its second quarter. Yahoo Finance Markets and Data Editor Jared Blikre breaks down what IBM's figures is signaling about the broader separation between software and chip stocks.

Why CrowdStrike Stock Got a Big Boost From IBM’s Earnings Warning
Barrons.com21d agoneutral
Why CrowdStrike Stock Got a Big Boost From IBM’s Earnings Warning

A bad day for International Business Machines has turned into great day for CrowdStrike Holdings and other cybersecurity companies. The reason why seems to be a short reference about cybersecurity in a letter to shareholders from IBM CEO Arvind Krishna. Krishna discussed how IBM clients in June shifted quarterly capital spending toward servers, storage, and memory purchases ahead of expected price increases.