IBM reported disappointing quarterly earnings with revenue of $17.2 billion and net earnings of $2.2 billion, missing Wall Street expectations. The mainframe business, a key revenue driver, fell 42% as customers delayed purchases due to steep price hikes in data center hardware and PCs. CEO Arvind Krishna and CFO Jim Kavanaugh called this a temporary setback, expecting customers to resume buying mainframes and software soon. IBM also lowered its full-year growth forecast, signaling ongoing challenges despite the AI boom that previously boosted the company.
IBM reported its Q2 2026 earnings with modest revenue growth and strong performance in AI-related software and infrastructure. The company raised its full-year revenue growth forecast to 4-5% (constant currency) and expects free cash flow to increase...
The global digital railway market is projected to grow from $90.98 billion in 2026 to $136.49 billion by 2031, at an 8.5% CAGR. Growth is fueled by rising passenger demand, IoT integration, and cloud-based management systems enabling dynamic scheduli...
The global enterprise carbon management software market, valued at $16.7 billion in 2024, is projected to grow to $42.2 billion by 2034 at a CAGR of 9.73%. Growth is driven by increasing corporate net-zero commitments, stricter climate regulations, a...
Wall Street is preparing for a volatile week with major earnings reports from Big Tech companies like Alphabet and Tesla, which are seen as key tests for the AI-driven market rally. Over 70 S&P 500 companies, including IBM, Intel, and American Expres...
US stock futures climbed on Monday with Dow up 0.2%, S&P 500 up 0.3%, and Nasdaq-100 up 0.7%, driven by anticipation of major Big Tech earnings reports from Alphabet, Tesla, Intel, and IBM. Investors are looking for evidence that AI investments are s...
