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IBM (IBM) Is Buying HRL Laboratories To Broaden Its Quantum Computing Bet
Simply Wall St.19d agobullish
IBM (IBM) Is Buying HRL Laboratories To Broaden Its Quantum Computing Bet

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...

IBM Is The World’s Worst Big Tech Company
24/7 Wall St.19d agoneutral
IBM Is The World’s Worst Big Tech Company

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 may be caught up in latest bout of AI volatility: 'Don't concentrate in any one theme'
Yahoo Finance Video19d agoneutralVIDEO
IBM may be caught up in latest bout of AI volatility: 'Don't concentrate in any one theme'

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 misses Q2 estimates, trims full-year revenue growth outlook
Proactive19d agobearish
IBM misses Q2 estimates, trims full-year revenue growth outlook

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...

IBM buys HRL Laboratories in shift to two-track quantum computing strategy
Reuters19d agobullish
IBM buys HRL Laboratories in shift to two-track quantum computing strategy

IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the ‌company said on Thursday, adding a second pillar to IBM's quantum computing efforts. IBM has been racing ‌against Alphabet's Google, Microsoft and others to create practical quantum machines that can crack problems that would take conventional computers thousands ​of years to solve. In May, U.S. President Donald Trump's administration said it would award $1 billion to IBM to set up a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.

Alphabet and Tesla Were Punished for Heavy Spending. IBM Already Took Its Hit a Week Earlier.
Insider Monkey19d agoneutral
Alphabet and Tesla Were Punished for Heavy Spending. IBM Already Took Its Hit a Week Earlier.

Three big earnings reports came out this week. Alphabet Inc. (NASDAQ:GOOGL) and Tesla, Inc. (NASDAQ:TSLA) reported Wednesday after the market closed, and International Business Machines Corporation (NYSE:IBM) shared its official results the same day. All three show the same thing: spending money on AI is starting to hurt profits. However, each company’s story is different […]

IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)
InvestorsHub19d agoneutral
IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)

IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth.