IBM is set to report its fiscal Q1 2026 earnings, with investors focused on the company's momentum in AI, hybrid cloud, automation, and cybersecurity. Wedbush expects IBM to deliver strong results driven by increased enterprise adoption of AI and hybrid cloud services, highlighting IBM's integrated software, consulting, and infrastructure offerings as a competitive advantage. Market expectations are for $15.61 billion in revenue and $1.81 earnings per share, with potential upside due to ongoing AI adoption and demand for IBM's software and automation tools. The earnings call will be closely watched for updates on software growth, AI infrastructure, cybersecurity, and the performance of platforms like WatsonX and Red Hat.
Mad Money host Jim Cramer declared Intel as his favorite stock, citing its strong position in the AI infrastructure boom and its role as the third-largest customer of semiconductor maker ASML. He believes Intel's CEO is steering the company to be a k...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
Energy prices cooled in June, easing inflation pressures despite ongoing tensions between the U.S. and Iran near the Strait of Hormuz. Morgan Stanley reported record quarterly revenue and profit, boosted by a surge in equities trading fueled by the A...
IBM reported earnings and revenue below expectations due to enterprises reducing spending on traditional IT systems to invest in their own AI infrastructure. This shift indicates companies prefer developing on-premises AI solutions with cheaper open-...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
