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Big Bank Earnings Offset IBM's Nosedive, Dow Inches Higher
Barrons.com22d agoneutral
Big Bank Earnings Offset IBM's Nosedive, Dow Inches Higher

The Dow is caught in a tug-of-war between strong bank earnings and IBM's historic drop. The Dow's top performer was Goldman Sachs, which popped 5.5% after reporting record results. Goldman is the heaviest weighted component in the Dow.

The Detail in IBM’s Earnings Pre-Announcement That Has Stock Headed for Worst Day in Nearly 40 Years
Barrons.com22d agoneutral
The Detail in IBM’s Earnings Pre-Announcement That Has Stock Headed for Worst Day in Nearly 40 Years

IBM stock was heading for its largest same-day plunge in nearly 40 years on Tuesday after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets. In a letter to shareholders, CEO Arvind Krishna explained that the shortfall was largely driven by the company’s infrastructure business. “What played out was worse than our expectations,” Krishna wrote.

Investing.com22d agobearish
IBM plunges 19% as memory capex squeeze derails Q2 earnings

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.

Kyndryl Q4 Earnings Call Highlights
MarketBeat86d agoneutral
Kyndryl Q4 Earnings Call Highlights

Kyndryl (NYSE:KD) reported flat full-year fiscal 2026 revenue on a reported basis and outlined a fiscal 2027 outlook that reflects continued pressure from longer sales cycles and changes in how customers buy IBM-related technology, while management emphasized margin expansion, cash generation and gr