'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...
15 Jul, 2026, 03.38 PM IST
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 ...
15 Jul, 2026, 09.26 AM IST
Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensionsSouth Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data an...
15 Jul, 2026, 08.54 AM IST
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...
14 Jul, 2026, 11.31 PM IST
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...
14 Jul, 2026, 07.50 PM IST
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...
14 Jul, 2026, 06.34 PM IST
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...
14 Jul, 2026, 06.10 PM IST
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...
14 Jul, 2026, 04.59 PM IST
Trump Accounts launch July 4, giving newborns $1,000. Here's what to knowPresident Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the...
03 Jul, 2026, 10.11 AM IST
STEM pool helps Amaravati host India's first IBM quantum systemSpeaking at an event in the US, Krishna said quantum computing is approaching an inflection point and could deliver "massive commercial adv...
03 Jul, 2026, 06.00 AM IST
IBM to set up one of India's first quantum computers in Amaravati by September 2026Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum sys...
02 Jul, 2026, 02.38 PM IST
NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
30 Jun, 2026, 08.20 PM IST
Omnicom Media claims top spot in global media billings after IPG integrationOmnicom Media has become the world's largest media management network, boasting $75.6 billion in global billings after integrating with IPG...
26 Jun, 2026, 06.12 PM IST
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
26 Jun, 2026, 10.23 AM IST
'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concer...
25 Jun, 2026, 10.18 AM IST
Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprintKunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment hi...
23 Jun, 2026, 02.04 PM IST
Trump signs orders calling for powerful quantum computer, targeting 2028President Trump has launched a major initiative to accelerate the development of powerful quantum computers and bolster cybersecurity again...
23 Jun, 2026, 06.10 AM IST