IBM is under investigation for securities fraud following a 25% stock drop on July 14, 2026, after disappointing Q2 results tied to its IBM Z product and slower-than-expected business deals. The tech giant admitted to faltering in closing large deals on time, which led to the stock price plunge and investor losses. Law firm Bleichmar Fonti & Auld LLP is leading the probe and encourages affected investors to seek legal advice. This investigation highlights concerns about IBM's transparency and future business outlook.
Algorithmiq and IBM demonstrated a major quantum computing milestone by simulating heterogeneous quantum matter on IBM's quantum processors, showing quantum advantage that classical methods cannot match. Their new framework addresses the trust proble...
Qedma and IBM demonstrated a major quantum computing breakthrough by using Qedma's error reduction software on IBM quantum computers to accurately simulate quantum material dynamics that classical supercomputers like Japan's Fugaku could not reliably...
IBM and the University of Chicago demonstrated a quantum computing breakthrough by solving a classically impossible problem using 70 logical qubits with error correction. The quantum computation completed in about 15 minutes, a task that classical co...
The FTSE 100 reached a new intraday high above 10,945, driven by strong earnings from companies like Standard Chartered, Reckitt Benckiser, and Rio Tinto, which also announced increased dividends and share buybacks. Rising oil prices, fueled by renew...
Nvidia is reportedly negotiating to provide a $250 billion financing package for a massive OpenAI data center project in Ohio, part of a $500 billion development led by SoftBank's energy subsidiary. This deal would help OpenAI lease a 10-gigawatt fac...
