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India among top five growth markets, centre of global strategy for Red HatIndia is currently at the centre of the company's global strategy, both as a critical market and a hub for engineering excellence, Navtej S...- Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
- IBM Earnings in Focus: Can AI momentum revive investor confidence?IBM is set to report its second-quarter earnings on Wednesday, with investors closely watching whether the technology giant can restore con...
- Advanced chipmaking tool arrives at New York state innovation hubA significant chipmaking tool from ASML has arrived in New York. This advanced equipment will drive research into future chip designs and m...
- 'People mind their own business': Indian man shares the perks of living in Canada and why he calls it his Stranger Things dreamAn Indian professional living in Canada experiences a surreal cinematic dream life. He finds his surroundings identical to settings from po...
- Choppy oil keeps investors on edge, stocks brace for big earnings weekThe short-term focus again was oil prices, which swung sharply as investors weighed Yemen's Iran-aligned Houthis declaring a naval blockade...
- Energy shock vs AI boom: RBI should act as and when external shocks push domestic data in a direction, not until thenGlobal growth faces pressure from an energy shock and a tech boom. The energy shock stems from conflict, impacting oil prices and shipping ...
- IIT graduate once failed to qualifty for JEE. Today, he is the director of IIT Madras. Who is V Kamakoti?Now the director of IIT Madras, V Kamakoti's journey to success was anything but smooth. He did face some academic disappointments. He once...
- Setu chief business officer Anand Raisinghani steps downAnand Raisinghani has resigned from his role at Pine Labs-owned Setu, an API infrastructure company. He is stepping down to pursue new care...
- Buoyed by Q1 show, Indian IT shrugs off IBM shockIndian technology stocks demonstrated resilience on Wednesday, defying IBM's significant overnight decline. Depressed valuations and positi...
- 'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
- IBM's historic stock crash: What triggered the 25% plunge?IBM shares suffered a record 25% plunge after weak earnings guidance, as AI infrastructure spending, delayed software purchases, mainframe ...
- TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
- Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...
- IBM stock tumbles 25% as preliminary quarterly results fall below expectationsIBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit an...
- Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
- IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
- IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AIAccording to the preliminary results, the company expects revenue of $17.2 billion during the quarter, compared with analysts' estimate of...
- Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brewStarbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems...
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