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IBM partners with OpenAI on enterprise security AI
Reuters50d agoneutral
IBM partners with OpenAI on enterprise security AI

IBM on Monday said it has partnered with OpenAI to integrate frontier AI ‌capabilities into enterprise security workflows, aiming to counter ‌rapidly evolving cyber threats. Shares of the company rose 3.6% in trading ​after the bell. Here are a few details on the partnership: • IBM joined the OpenAI Daybreak Cyber Partner Program and is collaborating with the startup to integrate protective AI tools ‌directly into business operations, ⁠helping companies identify and minimize their security risks.

Nasdaq, US stocks slide as Fed forecasts possible rate hike
Yahoo Finance Video55d agoneutralVIDEO
Nasdaq, US stocks slide as Fed forecasts possible rate hike

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech
Reuters56d agoneutral
Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech

Europe's quest for technological sovereignty will dominate discussions at the G7 in France and the VivaTech conference in Paris this week, as policymakers and technology executives fret about American AI, ‌with alternatives remaining scarce. The gatherings come days after the United States tightened restrictions on Anthropic's most advanced AI models for ‌foreign nationals, underscoring Europe's vulnerability that political whims could derail its race to build domestic AI champions. "Tech sovereignty will be top of mind this week at VivaTech," Ana Paula ​Assis, senior vice president at IBM, told Reuters.

Top Banks Rush to Fill Chief AI Roles as Talent Jumps to Rivals
Bloomberg58d agobullish
Top Banks Rush to Fill Chief AI Roles as Talent Jumps to Rivals

(Bloomberg) -- Banks from Sydney to London are racing to fill the senior role of chief AI officer, a job that barely existed a year ago. Those in the position, however, say it might not be around for long.Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineUS and Iran Agree to Deal Halting War That Shook Middle EastWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextUS Wants to Avoid Cong

IBM CEO: AI Won't Necessarily Lead To Smaller Headcount
Bloomberg63d agoneutralVIDEO
IBM CEO: AI Won't Necessarily Lead To Smaller Headcount

IBM CEO Arvind Krishna discusses IBM's significant $10 billion investment in quantum computing, a faster form of AI. Krishna also noted a $1 billion federal government commitment to build a chip fabrication facility in Albany, New York, illustrating a strong collaboration between public and private sectors. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

IBM CEO Krishna on Quantum Advantage, Profit Strategy
Bloomberg63d agoneutralVIDEO
IBM CEO Krishna on Quantum Advantage, Profit Strategy

IBM CEO Arvind Krishna says he's excited about the potential uses for quantum computing. Speaking with Romaine Bostick at the Mizuho Technology Conference in New York, Krishna also comments on the Trump administration's investment in the company, the utilization of AI and IBM's profit strategy.

Wedbush resets IBM stock price target on AI momentum
TheStreet67d agoneutral
Wedbush resets IBM stock price target on AI momentum

A few months ago, International Business Machines (IBM) looked like collateral damage in the artificial intelligence boom. Investors worried that the very technology powering the AI rally could quietly chip away at the businesses that have funded Big Blue for decades. That worry has faded fast, and ...

Quantinuum Trades Below Offer Price. Why the Quantum Stock Is Sliding.
Barrons.com67d agoneutral
Quantinuum Trades Below Offer Price. Why the Quantum Stock Is Sliding.

Quantinuum was supposed to be the quantum sector’s most anticipated public listing of the year. While Quantinuum posted a wider net loss and lower revenue for the first quarter, the phenomenon of growing losses and “lumpy” revenue—large infusions of income at inconsistent times—is observed by most players in the industry at some point in their life span.

Bloomberg68d agoneutral
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

(Bloomberg) -- Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., opened 13% above its listing price after raising $1.68 billion in an upsized US initial public offering.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissStock Buyers Step In to Lift Dow Av

Barclays sets eye-catching IBM stock price target
TheStreet69d agoneutral
Barclays sets eye-catching IBM stock price target

International Business Machines (IBM) spent the early part of 2026 as one of the market’s least-loved technology names. A new call from Barclays flipped that script in a flash. On June 1, the bank started coverage of IBM with an overweight rating and a 12-month price target of $350, and the stock ...

IBM CEO sends strong message on quantum computing
TheStreet70d agoneutral
IBM CEO sends strong message on quantum computing

The next great computing arms race is no longer about artificial intelligence chips and cloud servers. Quantum computing is moving from a science experiment to a national priority, and IBM has made a bold bet that America will lead the way. IBM (IBM) Chairman and Chief Executive Officer ...

Retail investors fuel record buying in US software ETF as AI trade broadens
Reuters70d agobullish
Retail investors fuel record buying in US software ETF as AI trade broadens

The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors ‌on record on Monday, data from Vanda Research showed. Software ‌stocks have largely recovered their losses from earlier this year when fears of ​industry-wide disruptions due to the rise of AI gripped the sector, though volatility still persists. Mom-and-pop traders bought stock worth a net $46 million in the iShares Expanded Tech-Software Sector ETF on Monday, surpassing ‌the previous single-day ⁠record by roughly 40%, as per Vanda.