IBM drops after Accenture outlook, AI control worries hit IT services stocks
IBM shares slid nearly 7% Thursday morning, trailing gains elsewhere in the U.S. market. The drop followed a weak outlook from Accenture and renewed…
Artificial Intelligence
IBM shares slid nearly 7% Thursday morning, trailing gains elsewhere in the U.S. market. The drop followed a weak outlook from Accenture and renewed worries about AI “control,” which pressured sentiment across the IT…
All coverage
IBM shares slid nearly 7% Thursday morning, trailing gains elsewhere in the U.S. market. The drop followed a weak outlook from Accenture and renewed…
HIVE Digital Technologies shares moved higher in U.S. premarket action Thursday after its BUZZ HPC arm landed a three-year GPU cloud agreement with Bell…
Meta Platforms shares were up in premarket trading Thursday, recovering some losses after a steep fall. Investors balanced new concerns about challenges in the…
Keel Infrastructure Corp. was moving before the bell Thursday, with traders still chasing its AI data-center angle. Investors also had an auditor change and…
Nokia stock moved higher in afternoon trade Thursday after the company said it entered a multi-year patent deal with Lenovo. Shares gained 1.29% to…
Alphabet Class A lost 0.42% to $362.26 in premarket trading Thursday. Noam Shazeer, a top leader for Google’s Gemini AI, is going to OpenAI.…
Kazakhstan is moving to turn its energy sector into an AI export play, tying a $10 billion data-center project with Firebird and Nvidia backing…
Google’s vice president of engineering Noam Shazeer, who co-led development of the company’s Gemini AI models, said Wednesday he’s leaving to join OpenAI. Shazeer…
Meta Platforms dropped hard Wednesday, lagging the Nasdaq. Investors cut down tech giants after the Federal Reserve pointed to a possible interest-rate hike as…
Microsoft stock fell harder than the main indexes on Wednesday as the post-Fed slide hit tech heavyweights. The move put the company at the…
Southwest Airlines said Wednesday it plans to expand work with Amazon Web Services and shift to a cloud and AI-enabled operating model by 2028.…
Arm Holdings’ U.S. shares surged Wednesday after Bernstein raised its price target on the British chip firm. The move added to a strong rally…
Coherent Corp shares dropped again Wednesday, after a 6.2% slide Tuesday, even with news of a $50 million U.S. manufacturing award for its Texas…
Vertiv Holdings Co jumped late Wednesday, bucking the weaker U.S. equity market. Investors piled into the data center company, which is seen as a…
Nebius Group spiked in late Nasdaq action Wednesday after the Amsterdam AI cloud company wrapped up its purchase of Eigen AI. The company said…
ASML Holding shares jumped 4.10% in Amsterdam on Wednesday, finishing at €1,656.40. The AEX index advanced 1.18% to close at a record high. ASML’s…