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.
The global Edge AI software market is projected to grow from $2.40 billion in 2025 to $8.89 billion by 2031, at a CAGR of 24.4%. This growth is fueled by rising demand for real-time AI decision-making, localized data processing, and intelligent edge ...
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-...
