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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...
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 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.
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 ...
Wall Street is tuning out wars and ignoring geopolitical headlines, and one chief investment strategist thinks he knows exactly why. The answer involves a spending figure that should stop any investor cold.
IBM and Red Hat commercially launched Lightwell on July 8, turning a $5 billion pledge into two products that enterprises can actually buy. Most corporate security promises stay abstract for months before a product ships. This one produced a live catalog, a pricing structure, and a named client ...
International Business Machines (IBM) has spent years trying to convince investors that it deserves a new label. For Wall Street, IBM long looked like a legacy hardware and consulting company with limited upside. As IBM shifts deeper into higher-margin software, AI infrastructure, and free cash ...
Analysts with Bank of America Securities upped their price target for shares of the blue-chip tech stock.
Stock Market Today: The Dow Jones index fell Monday, while tech futures rallied. Micron stock and Sandisk rebounded in premarket trading.
IQM Quantum Computers is breaking into the U.S. market at a time when federal support for quantum technology has been growing.
International Business Machines will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
IBM (IBM) hasn’t built a commercial computer chip of its own in nearly a decade. On Thursday, June 25, the company said its research labs had cracked something the rest of the chip industry hasn’t managed yet. The breakthrough has nothing to do with software, and everything to do with one tiny ...
June 23 gave me three reasons to pay closer attention to International Business Machines (IBM), also known simply as “Big Blue.” All three arrived together in a period of less than 48 hours. June 23, JPMorgan analyst Brian Essex upgraded IBM to Overweight from Neutral, raising his price target to ...
IBM soared in pre-market trading after announcing a non-chip computing breakthrough.
Strategic federal moves to take direct equity stakes in public quantum developers cement high-performance computing as an urgent national security priority.
IBM unveiled the world's first sub-1 nanometer chip, calling it a landmark moment for the semiconductor industry. IBM stock rose.
Investing.com -- International Business Machines (NYSE:IBM) shares jumped about 5% in premarket trading Thursday after the company's announcement of a sub-1 nanometer chip technology breakthrough.
IBM on Thursday unveiled what it said was the world's first technology capable of producing chips smaller than one nanometer, as tech companies race to build semiconductors that can handle increasingly demanding AI workloads. The new chip technology, which bolsters IBM's position to compete with contract chipmakers TSMC and Intel, has a transistor architecture of 0.7 nanometers, or 7 angstroms. Last week, Intel said the new generation of its 18A manufacturing process, which makes 1.8 nanometer chips, moved into risk production, the testing phase before commercial manufacturing.
Micron (MU) delivered earnings and revenue surprises of +17.39% and +12.91%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
International Business Machines (IBM) picked up two separate catalysts within roughly a day this week, and only one came from a stock analyst. JPMorgan upgraded IBM (IBM) to Overweight on Tuesday and raised its price target to $291 from $270, a call built entirely on the company’s software ...
This year, the company is laying the groundwork to turn quantum computing into a fully-fledged, scalable business from an expensive science project.
CHICAGO—The Lake Michigan docks that once received iron ore for a 20th-century steel mill will accept a new delivery this summer aimed at fueling Chicago’s future: components of a quantum computer. The site of the former U.S. Steel mill, on a lakeside plot on the city’s South Side, is now a construction zone for a quantum-technology campus that local leaders hope will vault Chicago into the next high-tech era and accelerate Illinois’s economic growth. The Illinois Quantum and Microelectronics Park will host one of the largest quantum computing sites in the world, with companies aiming to commercialize technology harnessing the unique powers of nature’s smallest particles to process information in new ways.
Yahoo Finance's Julie Hyman takes a closer look at some of Tuesday's trending tickers and stories, including JPMorgan (JPM) upgrading IBM (IBM), Carnival's (CCL) second quarter revenue missing estimates, and AMC (AMC) stock plunging.
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