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WHY IBM SHARES CRASHED
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...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. S...
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...
Cisco shares hit record on strong forecast, AI push with job cutsThe jump, if sustained, would mark the best day for the stock since a robust earnings reports in May 2002 sparked a furious rally in the ...
Frightful February for IT stocks: How Anthropic’s 6 AI tools sparked a multi-billion dollar meltdown in 4 weeksIndian IT stocks have seen a sharp downturn in February, with the Nifty IT index dropping 21%. This decline was triggered by new AI launche...
India not behind in AI race, must focus on deployment: IBM CEO Arvind KrishnaIn an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could ...
Rs 3 lakh crore added! 5 key factors behind 700-point Sensex surge, Nifty above 25,600Indian stock markets saw a significant rebound on Wednesday. The Sensex and Nifty 50 indices surged, recovering from a previous day's sharp...
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...
IBM shares sink 13%, record steepest drop in 25 years after Anthropic says AI can modernise COBOLShares of IBM plunged 13.2% Monday, marking their steepest single-day drop in over 25 years, after AI startup Anthropic said its Claude Cod...
Microsoft stock crashes today: Why MSFT shares plunged nearly 12% today — Is AI taking its toll as Microsoft shares suffered their worst single-day fall in nearly six yearsMicrosoft stock crashes today: MSFT shares plunged nearly 12% today. Microsoft (MSFT) stock suffered a historic 11.91% crash on Thursday, J...
US stock market crash biggest losers and winners list: S&P 500 and Nasdaq fall as Dow Jones survives on Big Tech AI spending concernsUS stock market crash biggest losers and winners list shows sharp moves as investors react to Big Tech earnings, AI spending plans, and the...
Christmas gift for Apple investors: This analyst says the stock will outperform and hit a crucial figure in 2025Apple investors may be in for a great time this year-end as a stock market analyst has recently said that the tech giant's stock could go o...
Coursera learnings: from top courses to learning outcomes and training demand and supply shiftCoursera's data highlights that people mainly use its platform to accelerate their careers. While data, machine learning and digital market...
FAANGs won't bite forever: Why Big Tech monopolies are only temporaryHowever, in a June 2019 analysis, Ryan Bourne of the Cato Institute says history shows that supposed monopolies are temporary, and old gian...
How Wipro caught moonlighting? This viral tweet explainsWith two different laptops, and working from the comfort of home, in the hometown, many wondered how the company came to know about such a ...
HCL Tech Expects Fin Services Business in Europe to Cross Rs 6,000 croreSays it is seeing increased appetite for offshoring from customers in Europe
- Infrastructure inefficiencies, skilled labour shortage erode advantage of Indian manufacturing sector
CEOs and top officials from leading companies felt infrastructure inefficiencies, severe shortage of skilled labour, high transaction cost ...
- Outsourcing: Villain of the piece?
Outsourcing does not seem to have hurt the real or perceived interests of US citizens and so there is no cause for special protection for j...
- Global gloom spreads as most mkts end in negative terrain
The crisis in the credit markets has forced policymakers in the Western world to opt for long-forgotten policy tools.
- IT, BPOs cook up Indian culture curry
Companies sensitise foreign clients about business etiquette, behavioural patterns & sensitivities of Indians.