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IBM News30 articles
Dow Closes Above 52,000 as Alphabet Debut Boosts Tech Weight
The Dow Jones Industrial Average closed above 52,000 for the first time, as Alphabet's entry into the index boosted tech exposure. The blue-chip index gained 326.51 points, or 0.63%.
Palo Alto Networks Surges $8.7B as Cybersecurity Strength Defies Tech Selloff
Palo Alto Networks rose 3.7% to $304.20, adding $8.7 billion in market cap, as its IBM partnership and solid earnings helped it buck a 4.6% weekly Nasdaq drop.
Chip Rout Deepens as AI Optimism Wanes Ahead of Micron Earnings
Semiconductor stocks tumbled 7.6%, dragging the Nasdaq 2% lower as investors brace for Micron's earnings and a key Fed inflation report that could test confidence in the AI trade.
Dow Holds Ground as Tech Rout Hits Nasdaq Hard
The Dow stayed flat near 51,700 while the Nasdaq sank over 1% amid a sharp selloff in AI and semiconductor stocks, as traders focused on Fed rate hike odds and the upcoming PCE inflation report.
IBM Rises on OpenAI Security Pact and Quantum Orders
IBM shares rose 3.22% premarket after announcing an OpenAI cybersecurity partnership and new U.S. quantum computing orders, defying a broader tech selloff.
IBM Falls on Accenture Read-Through; AI Growth Debate Intensifies
IBM shares fell 1.8% as Accenture's weaker guidance weighed on IT services, reigniting debate over whether AI will boost IBM's high-margin software enough to offset consulting risks.
Wall Street Halts for Juneteenth After Chip Rally; Fed and Micron Earnings Loom
US stocks paused for Juneteenth after a chip-led rally pushed the S&P 500 to a record close, but investors brace for Fed hawkishness and key earnings from Micron next week.
Accenture's Slashed Outlook Sinks IT Services Stocks
Accenture shares plunged 18% after cutting its fiscal 2026 sales growth outlook to 3-4%, triggering broad declines in IT services stocks and raising concerns over AI-driven growth.
Nasdaq Surges on Tech Rebound, Intel Rally, and Iran Deal Optimism
The Nasdaq rallied 1.91% on Thursday, led by a 10.6% surge in Intel after Trump announced an Apple partnership, while an Iran deal lowered oil prices and eased inflation fears.
Nvidia Shares Climb 3% as AI Demand Broadens Beyond US Hyperscalers
Nvidia closed up 2.8% near $210 after a $25 billion bond sale and 85% revenue jump, as European AI projects signal broadening demand beyond US cloud giants.
Dow Edges Higher on Tech Rally, Falling Oil Prices Ease Inflation Fears
The Dow closed up 131 points as semiconductor stocks rallied on Intel's record high and lower oil prices eased inflation concerns, though Fed uncertainty lingered.
Tech Rally Lifts Wall Street; Chip Stocks Surge on Apple-Intel Deal
U.S. stocks rose Thursday, powered by a semiconductor rally after Trump announced an Apple-Intel chip partnership. The Nasdaq climbed 1.48% as oil prices dropped, easing inflation concerns. Markets are closed Friday for Juneteenth.
Chip Stocks Rally on Apple-Intel Deal, Oil Drop Offsets Fed Hawkish Tone
Chip stocks rallied on Apple-Intel partnership news, lifting the Nasdaq 1.04%. Oil prices slid after a US-Iran deal, offsetting the Fed's hawkish signals.
IBM Shares Slide on Accenture's Weak Forecast and AI Control Fears
IBM dropped 6.9% after Accenture's weak sales outlook and an IBM study flagged AI control concerns, fueling fears of slower enterprise AI spending.
Dow Plunges 506 Points as Fed Holds Rates, Signals Tighter Policy
The Dow dropped 506 points after the Fed held rates steady but raised its 2026 median rate forecast to 3.8%, signaling tighter policy. May retail sales rose 0.9%.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Quantum Stocks End Week Mixed as Government Funding Boost Fades
Quantum stocks closed mixed on Friday as the government-funding rally lost steam. IonQ, Rigetti, and D-Wave saw varied results, with investors focused on final CHIPS Act terms and upcoming milestones.
Rigetti Computing Stock Drops After Director Files to Sell $2.6 Million in Shares
Rigetti Computing shares dropped 9.55% Tuesday after a director filed to sell $2.6 million in stock, testing the recent rally on a potential $100 million U.S. quantum-computing award.
Dow Slips as Tech Rebound Skips Blue Chips; Focus on CPI, Energy
The Dow slipped 104 points as a tech-led rally lifted the S&P 500 and Nasdaq, but blue chips lagged. Markets now eye Wednesday's CPI data and Middle East energy risks.
Accenture Shares Slide Ahead of Q3 Earnings Amid AI Deals and Market Headwinds
Accenture shares dropped 4.7% to $178.25 ahead of its June 18 earnings call, as AI deals and a Japan partnership compete with market losses and tech spending concerns.
Wall Street Slips as Robust Jobs Data Fuels Rate Hike Bets
The Dow fell 0.21% as a strong May jobs report lifted Treasury yields and boosted the probability of a Fed rate hike before year-end to 98%, pressuring stocks.
Wall Street Slumps as Oil Surge, Rising Yields Spark Broad Selloff
The Dow fell 582 points as oil prices surged near $100 and Treasury yields climbed, triggering a broad market selloff. IBM and Salesforce were the biggest drags, while AI chip stocks showed resilience.
Dow Falls 338 Points as Oil Surge and Tech Slump End Rally
The Dow fell 338 points as oil surged near $100 a barrel on escalating Middle East conflict, reviving inflation fears and ending Wall Street's record run. Tech stocks led declines.
Stocks Retreat as Oil Surge and Jobs Data Cloud Rate Cut Hopes
U.S. stocks fell from record highs as rising oil prices and strong ADP jobs data pressured markets, with tech shares leading declines.
IBM Shares Cool After Quantum, Barclays, and Retail Rally
IBM shares eased 0.4% to $319.10 after hitting a high of $327.22, as investors weighed a $10B quantum computing plan, a Barclays upgrade, and a $1B CHIPS-funded foundry. Retail trading spiked but risks persist.
ServiceNow Retreats in Premarket After AI-Driven Rally
ServiceNow shares fell 2.17% in premarket trading Tuesday after a 9.24% surge Monday fueled by Nvidia's AI chip launch. The company reported strong Q1 results but faces margin headwinds from acquisitions and delayed Middle East contracts.
Wall Street Hits Fresh Peaks as AI Rally Broadens; HPE Surges After Earnings
S&P 500 and Nasdaq closed at all-time highs, led by Nvidia's 6.3% surge. HPE shares soared 36% after hours as revenue jumped 40% and guidance rose.
ServiceNow Surges as AI Agent Fears Recede, Software Stocks Rally
ServiceNow shares surged 8.5% after Nvidia's CEO eased AI agent concerns, fueling a broad software rally. The stock is now trading as an AI operating layer bet.
IBM's Major Quantum and Security Pledges Propel Stock Higher
IBM shares jumped 12.7% as the company committed $15 billion to quantum computing and open-source security, boosting investor sentiment.
Salesforce Shares Surge After Mixed Earnings; Focus Shifts to AI Monetization at Conferences
Salesforce stock surged 8.5% Friday after a mixed earnings report, with Q1 beats offset by soft Q2 revenue guidance. Agentforce ARR grew 205% to $1.2 billion, but bookings and cRPO missed estimates. The market now looks to upcoming tech conferences for clarity on AI monetization.