IBM Stock Tumbles After Earnings Beat as Software Slowdown Reignites AI Fears
IBM shares slid 9.6% to $227.72 by 1:46 p.m. EDT on Thursday. The company outpaced first-quarter estimates but reported weaker software growth and stuck…
Artificial Intelligence
IBM shares slid 9.6% to $227.72 by 1:46 p.m. EDT on Thursday. The company outpaced first-quarter estimates but reported weaker software growth and stuck with its full-year outlook.
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IBM shares slid 9.6% to $227.72 by 1:46 p.m. EDT on Thursday. The company outpaced first-quarter estimates but reported weaker software growth and stuck…
Arm Holdings caught a bid Thursday, climbing 5.4%, while Caterpillar gained 4.2% by the afternoon. This came as investors looked past the regular megacap…
IREN jumped 7.3% to $51.94 by late morning in New York on Thursday, thrusting the ex-bitcoin miner into a renewed debate: can its AI…
IBM slid around 9.5% early Thursday, despite topping first-quarter expectations—investors remained wary that fresh AI offerings could threaten its software and consulting segments. ServiceNow…
IBM slid 9.9% to $226.84 as of 10:12 a.m. EDT Thursday, despite posting better-than-expected revenue and profit. Investors zeroed in on sluggish software growth…
Shares of Alphabet's Google edged close to $340 on Thursday, following the debut of fresh enterprise AI tools and custom chips during its Cloud…
Oracle stock slipped Thursday, coming off a fresh extension of its Google Cloud tie-up, as a broad software slump overshadowed the newest AI announcement.…
Nvidia shares climbed roughly 1.3% in premarket trading Thursday, steadying above $200 despite Alphabet’s Google rolling out its latest line of in-house AI chips.…
Microsoft shares slipped roughly 2% in premarket trading Thursday, with investors sizing up the company’s fresh A$25 billion bet on artificial intelligence in Australia…
Super Micro Computer is once again in the legal spotlight. On Thursday, new shareholder alerts resurfaced the looming late-May lawsuit deadline, keeping attention centered…
ServiceNow dropped 14% in after-hours action Wednesday. The enterprise software firm blamed the Middle East conflict for pushing back a handful of major deals,…
ASML on Wednesday pledged it won’t be the choke point in next year’s push to ramp up AI chip production, following heavy investment to…
International Business Machines Corp. is set to report first-quarter results on Wednesday. This time, the Street isn’t so focused on revenue growth itself—attention is…
Broadcom shares climbed Wednesday, approaching all-time highs after Google’s newest AI chip hit the market—reinforcing the sense that AVGO sits squarely at the center…
SoundHound AI shares bounced back in premarket action Wednesday, up roughly 3.8% as traders reassessed the voice AI firm’s proposed $43 million all-stock acquisition…
GE Vernova bumped up its 2026 revenue forecast on Wednesday, crediting a surge in first-quarter orders as data center demand fueled gains across its…