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IBM STOCK SLUMP
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...
- US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
- US stocks today: US market slips on Middle East impasse, mixed earningsU.S. stock indexes opened lower on Thursday as investors remained cautious amid uncertainty surrounding the U.S.-Iran conflict. Mixed corpo...
- US Stock Market: US stocks closes slightly down on renewed tensions between US, IranU.S. stocks edged lower as renewed U.S.-Iran tensions cast doubt on a ceasefire, despite Iran considering peace talks. Oil prices surged as...
- IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investorsIBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop...
- US Stocks | IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOLIBM shares plummeted over 13% on Monday, marking their worst single-day fall in over two decades. This sharp decline followed AI startup An...
- IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOLShares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic sa...
- Infosys ADRs plunge over 7%, Wipro down 5% as tech turbulence deepens on Wall StreetInfosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wip...
- 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...
- Meta’s $677 billion rout boots it out of world’s top 20 stocksMeta was the sixth biggest US company by market capitalization at the start of the year, flirting with a $1 trillion market value. Fast for...
- Dow, S&P close lower as IBM, Intel weigh, coronavirus concerns riseIBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a ...
- Dow, S&P close lower as IBM, Intel weigh, coronavirus concerns riseIBM Corp slumped 9.91% and was the top drag on the Dow Jones Industrial Average after it missed estimates for quarterly revenue, hurt by a ...
- Buffett adds more Apple, reduces IBM stake by another thirdBuffett plowed more than $10 billion into IBM in 2011, making it one of his co’s largest investments.
- Pre-market: Nifty seen opening higher; may reclaim 7900Tracking the momentum, the Nifty index is expected to reclaim its crucial psychological level of 7900 in trade today.
- Sun rejects lower IBM offer, shares diveSun Microsystems Inc slumped as much as 25% in Nasdaq Stock Market trading after reports that takeover negotiations with International Busi...
- Lenovo to cut 2,500 jobs amid global slowdownChinese computer giant Lenovo on announced Thursday it would cut about 2,500 jobs, roughly 11 per cent of its worldwide workforce, after su...
- Polaris slumps 8% on Citigroup stake sale buzzShares of Polaris Software slumped nearly 8 per cent after meltdown hit Citigroup is believed to dump its 40 per cent stake in the Chennai-...
- IBM 3Q profit jumps 20 pct as hardware sales slumpIBM Corp.'s third-quarter profit jumped nearly 20 percent, surpassing analyst estimates, as the technology company overcame slumping hardwa...
- IBM profit rises 11 percent but shares dropIBM's quarterly profit rose 11 percent, but its shares fell more than 5 percent as the earnings failed to beat some investors' forecasts an...
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