/PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against IBM (NYSE: IBM). The investigation results from inaccurate statements IBM ...
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Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected. Tuesday's gains came even though oil prices continue to climb on worries that ...
"What played out was worse than our expectations," CEO Arvind Krishna warned investors.
HSBC downgrades IBM following a 22% stock plunge due to missed Q2 earnings. The selloff impacts the tech sector, highlighting IBM's structural vulnerabilities and market ripple effects.
CEO Arvind Krishna admitted the tech giant 'did not adapt quickly enough'.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
IBM CEO Arvind Krishna told CNBC's Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
Major banks exceed Q2 expectations, June inflation cools, IBM cuts outlook, oil prices climb on Middle East concerns, and SK Hynix stabilizes today.
S&P 500 and Nasdaq advance after June inflation comes in lower than expected at 3.5%. Bank earnings exceed forecasts while IBM plunges 25%.
IBM issued preliminary Q2 results showing revenue of $17 billion, below analyst estimates, as clients shifted spending and large deals failed to close.