IBM and Red Hat announced Project Lightwell, a $5 billion initiative combining AI and a global team of 20,000 engineers to secure open source software used by enterprises. The project creates a trusted clearinghouse that identifies and fixes vulnerabilities at scale, offering validated patches through commercial subscriptions. This new model aims to protect the software supply chain from upstream development to production, addressing growing risks as AI accelerates vulnerability discovery. Early adopters include major financial institutions, and the initiative supports government goals to enhance digital infrastructure security.
IBM is reaffirmed as a "Buy" with an increased price target of $280 following strong Q1 results, including 10% revenue growth, 19% EPS increase, and record free cash flow margins. Management maintains FY 2026 guidance of over 5% revenue growth and ab...
The Defiance Quantum Computing ETF (QTUM) has surpassed $5 billion in assets, coinciding with the US government's announcement of a historic $2 billion investment in quantum computing companies. This federal funding initiative includes major awards t...
IBM has signed a five-year global agreement with Abertis to modernize the latter's technological infrastructure by migrating to SAP S/4HANA. This upgrade aims to improve system scalability, reliability, and user experience across Abertis's operations...
The Dow Jones Industrial Average closed at a record 50,579.70, driven by optimism over progress in Iran peace talks and strong earnings reports from companies like Merck, Salesforce, and Cisco. This broad market rally included gains in healthcare, te...
