IBM is under investigation for securities fraud following a 25% stock drop after its Q2 2026 earnings revealed missed business deals and weak performance in its IBM Z product line. The company admitted to delays in closing large deals and underperformance in transaction processing software, which caused significant investor losses. The law firm Bleichmar Fonti & Auld LLP is encouraging affected investors to seek legal advice and possibly join a class action lawsuit. This probe highlights risks investors face when companies fail to meet growth and product expectations.
IBM, the official AI and Cloud sponsor of the US Open, is hosting a free four-day fan event at Madison Square Park in New York City from September 10 to 13. The event features AI-powered tennis activities like a serve speed simulator, AI-enabled ping...
IBM has finalized its acquisition of HRL Laboratories, a research leader in quantum computing, sensing, and materials science. This merger combines HRL's silicon-spin qubit expertise with IBM's superconducting quantum computing, enhancing IBM's quant...
IBM experienced revenue challenges in Q2 due to weakness in its mainframe business, leading to a lowered revenue forecast. However, growth in its Hybrid Cloud and Data segments remained strong, with double-digit increases, highlighting IBM's strategi...
Nvidia's stock could fall 20% to its 52-week low of $165 if it misses earnings, reflecting growing investor caution in the AI sector. Despite expectations of $91 billion revenue this quarter, concerns about slowing data center growth and competition ...
IBM announced a groundbreaking dual-architecture mainframe processor enabling enterprises to run operating systems and applications on both IBM and Arm platforms in future IBM Z and LinuxONE systems. This innovation allows Arm-native Linux environmen...
