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...
23 Jul, 2026, 08.23 AM IST
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
23 Jul, 2026, 01.40 AM IST
IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
22 Jul, 2026, 08.27 AM IST
Chipmaker IQE raises annual sales growth forecast on AI, data centre demandIQE has raised its full-year revenue growth forecast significantly. IQE upgraded its 2026 revenue growth forecast to above 30%, from 20% pr...
21 Jul, 2026, 12.22 PM IST
Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refiningReliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable g...
17 Jul, 2026, 09.22 AM IST
Netflix earnings forecast disappoints Wall Street, shares tumbleNetflix projected third-quarter revenue and earnings below Wall Street expectations. The company will now release viewing-hours reports ann...
17 Jul, 2026, 07.29 AM IST
Abbott Labs shares jump 12% as Q2 sales rise, profit outlook raisedAbbott Laboratories shares surged 12% after the healthcare company reported strong second-quarter sales, raised its full-year earnings outl...
16 Jul, 2026, 08.24 PM IST
TSMC posts 77% profit jump for Q2, surging past market expectationsTaiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial ...
16 Jul, 2026, 11.22 AM IST
Pentair shares dip 17% on dour forecast amid weak pool salesPentair shares dropped sharply after the company cut its annual forecast, citing weak demand in its pool segment. High interest rates and i...
15 Jul, 2026, 11.26 PM IST
'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
Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequenti...
15 Jul, 2026, 10.27 AM 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
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