IBM shares plunge 25% after CEO admits company fell behind
IBM shares tumbled Tuesday as CEO Arvind Krishna acknowledged in an unusual letter to investors that the company had failed ...
Tag: Markets
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
OpenAI confidentially filed IPO papers with the SEC yesterday, setting the stage for yet another massive tech company float later ...
Torsten Slok: AI hasn’t delivered on productivity hype, and it means ‘painful repricing’ of markets
The clock is ticking on AI to deliver on its promises of transformed workplace and economic productivity, and if lags ...
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic
Tech stocks led declines globally overnight. The Nasdaq 100 closed down 1.54% yesterday. By contrast, the equal weight S&P 500 ...
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
President Donald Trump’s latest financial disclosure has drawn attention for its sheer scale: thousands of stock trades, over $1 billion ...
Trump won’t get what he wants from Kevin Warsh, a source says, as inflation will force Fed up
For Esther George, the former Kansas City Fed president and one of the most reliably hawkish voices to ever sit ...
How Micron reversed the global tech selloff, exposing AI’s ‘memory tax’
Micron’s blowout quarter wasn’t just a beat. It was a restructuring of how Wall Street will price memory — and ...
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