Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

EXPLAINED: 6 - The Real Truth

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from software to AI infrastructure. The warning heightened concerns over discretionary technology budgets, deal delays and growth prospects for Indian IT companies.

The Economic Times

IBM warns AI boom is squeezing software budgets, triggers sector rout

Software investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to the industry. Tuesday's announcement showed that even the boom in spending on servers, chips and networking gear for AI was eating into software budgets.

The Economic Times

IBM stock tumbles 25% as preliminary quarterly results fall below expectations

IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit and revenue estimates. Management attributed the shortfall to delayed deal closures and shifting client spending toward hardware ahead of price hikes, while cybersecurity concerns further weighed on performance during the quarter.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

IBM's Second-Quarter Results Fell Short Of Expectations. Its Shares Are Plummeting

International Business Machines' shares plummeted on Tuesday after the company's preliminary second-quarter results fell short of expectations.

International Business Times

IBM Spooks Investors With Sub-Optimal Outlook

International Business Machines Corp. (NYSE:IBM) on Tuesday released preliminary second-quarter results that fell short of its expectations, citing weaker-than-anticipated mainframe-related sales as customers shifted spending toward supply-constrained servers, storage, and memory infrastructure.

Benzinga

Quote of the day by Steve Jobs: 'The only problem with Microsoft is they just have no taste' — a potshot at a bitter rival

Apple and Microsoft's rivalry stretches back decades, with the Apple co-founder repeatedly undermining Bill Gates' company

TechRadar

Quantum Tech on Capitol Hill: Nvidia, IBM and More Stocks to Watch

Quantum computing is stepping out of the lab and into Washington D.C., with a high-profile industry showcase putting some of the market’s most speculative — and potentially transformative — names back on the radar.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

3 Dividend Stocks with Growth on Tap for the Second Half

Amid market volatility and geopolitical uncertainty, IBM, Kinder Morgan and Templeton Emerging Markets Fund offer dividend growth and attractive total return potential for investors seeking safety.

MarketBeat

AI can read your legacy systems. Modernization is still the hard part

As AI makes legacy estates easier to understand, the challenge shifts to sequencing change without disrupting critical operations.

TechRadar

IBM Just Unveiled Major Updates to Its Bob AI Platform. How to Play IBM Stock Here.

IBM is advancing its AI strategy with Bob updates, giving investors fresh cues on its evolving growth journey.

Barchart

More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it's overblown’

“For tech people, one of the distinctive features is that the learning curve of getting up to speed on a new technology can be a lot of effort,” one retirement expert said.

Fortune

Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs

Starbucks (SBUX) is building internal AI tools to replace Microsoft and IBM software, targeting $400 million in annual vendor spend and cutting $30 million from its tech budget.

MarketBeat

Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brew

Starbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems currently bought from Microsoft and IBM. The coffee chain aims to reduce significant annual spending on software licenses. Some of these AI-powered tools may be implemented by the end of next year. This…

The Economic Times

Stocks Settle Higher as Chipmakers Rally and Crude Prices Fall

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.62%. September E-mini S&P futures (ESU26 ) rose +0.82%, and September E-mini Nasdaq futures...

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

LiveScience

Quantum computing wielded to create extremely rare material critical to nuclear fusion

Nuclear fusion inches closer after scientists combine supercomputing, AI and quantum computing to blueprint a way to create more tritium.

Barchart

Strength in Chipmakers Boosts Stock Indexes

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.27%. September E-mini S&P futures (ESU26 ) are up +0.49%, and September E-mini Nasdaq futures...

Barchart

Stocks Climb on Strength in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is up +0.47%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.55%. September E-mini S&P futures (ESU26 ) are up +0.47%, and September E-mini Nasdaq futures...

Barchart

IBM’s Quantum Breakthrough Sends Massive Clean Energy Signal

IBM, Oak Ridge, and Cleveland Clinic used quantum computing to model fusion fuel production, a step toward solving nuclear fusion's biggest hurdle.

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’

The tennis tournament has become a proving ground for IBM’s tech and is helping business executives overcome their AI fears.

The Economic Times

American giants warn higher tariffs on India & others may backfire on US' manufacturing

Several major US companies, including Intel, IBM, Dell, Honeywell Aerospace, Ford, GE Appliances and De Beers, have urged the US Trade Representative (USTR) to reconsider its proposal to impose additional tariffs of up to 12.5% on imports from 60 countries, including India.

Tom’s Hardware

Unix copyright code infringement lawsuit is back from the dead — IBM still under fire from Xinuos over 2003-era bytes

Unix copyright code infringement back from the dead — IBM is still under fire from Xinuos about 2003-era bytes, with a hearing as recent as June 22.

Barchart

Dear IBM Stock Fans, Mark Your Calendars for July 22

IBM's upcoming Q2 earnings print could offer fresh insight into whether its AI-driven growth strategy continues to fuel revenue and margins.

International Business Times UK

The Great AI Layoff Didn't Go As Planned: Employers Are Rehiring Staff

Companies are reversing AI-driven layoffs as expected cost savings and efficiency gains fail to materialise, leading to rehiring and a renewed focus on human expertise.

International Business Times UK

AI Layoffs Backfire as 32% of Bosses Rehire Roles They Thought Robots Could Do

Major companies like Ford, IBM, and Commonwealth Bank are reversing AI-driven job cuts and rehiring staff. Learn about the growing trend of integrating human expertise with AI for improved business outcomes.

International Business Times

Companies Cut Jobs for AI Efficiency Gains. Many Are Now Bringing Them Back.

Surveys show a rising number of employers are rehiring staff after discovering AI systems still require human oversight and intervention.

1 … 5 6 7 8

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

7,630 stories

crude oil

4,681 stories

Dow Jones Industrial Average

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.