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IBM REVENUE WARNING
'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...- 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 ...
- Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata ElxsiMarkets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus toda...
- US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earningsU.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. N...
- 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...
- The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
- US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
- US stock futures today: Dow, S&P, Nasdaq futures drop as US-China trade tensions escalate — Tesla, IBM, American Airlines earnings jolt Wall Street sentimentUS stock market futures today: Dow Jones futures fell 0.25%, S&P 500 dipped 0.03%, and Nasdaq futures slipped 0.01% early Thursday as US-Ch...
- Why did IBM stock fall despite beating Q3 earnings and raising guidance - Investors eye this key segmentIBM stock price today: International Business Machines Co shares fell after its latest quarterly report. Investors reacted to slower growth...
- US stock market futures mixed today: S&P 500 steady, Nasdaq climbs on AI rally, Dow drops as Tesla and IBM disappointWall Street kicked off Thursday with a split mood, as US stock market futures painted a mixed picture ahead of the opening bell. The S&P 50...
- US stock market today: Nasdaq soars 1.9%, S&P 500 gains 1.4% as big tech rallies; Dow lags on IBM drop – Texas Instruments, ServiceNow lead earnings winners, P&G, Chipotle slideUS stock market today surged as the Nasdaq jumped 1.9% and the S&P 500 added 1.4%, powered by a major tech rally. Big names like Texas Inst...
- IBM misses second-quarter revenue estimates as tech spending coolsIT companies have warned of more pain as businesses striving to cut costs in the face of rising inflation snip tech budgets, hurting the in...
- Microsoft's dour outlook raises red flags for tech sectorMicrosoft, the second most valuable US company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending...
- IBM India warns employees against moonlighting, says it puts client assets at riskSandip Patel, Managing Director, IBM India, said he's writing to employees because "the moonlighting concept can cause a lot of confusion i...
- IBM beats quarterly revenue estimates, warns of $3.5 billion forex hitIBM posted adjusted gross profit margin of 54.5% for the quarter ended June 30, while analysts on average expected 56.6%, according to Refi...
- IBM, the silent job cutter, stokes worker anxiety, speculationSpeculation about thousands of job cuts last month has heightened anxiety among employees.
- Barack Obama backs away from law to access encrypted informationObama's administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals' encryp...
- IBM may axe hundreds in India for cost-cuttingIBM’s managers at various units were asked to prepare for RA which refers to ‘resource action’, ahead of the job cuts, according to media r...
- IBM forecasts strong '08 earnings tied to global growthStellar performance overseas have prompted IBM Corp to upgrade its outlook for 2008 despite economic uncertainty at home.
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