International Business Machines is a multinational technology company that specializes in providing a wide range of services and products in the fields of information technology, cloud computing, and artificial intelligence. The company is renowned for its commitment to innovation, offering advanced hardware and software solutions, including mainframe computers, data analytics, and enterprise software. IBM also focuses on consulting services, helping organizations adopt digital transformation strategies and optimize their operations, while maintaining a strong emphasis on research and development to drive future technological advancements. Read More
Technology and consulting giant IBM (NYSE:IBM) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 7.7% year on year to $16.98 billion. On the other hand, next quarter’s revenue guidance of $15.72 billion was less impressive, coming in 2.3% below analysts’ estimates. Its non-GAAP profit of $2.80 per share was 5.5% above analysts’ consensus estimates.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Declines by overbought IT and communication services stocks weighed down on the Nasdaq Composite Index, which snapped its six-session winning streak and ended shy of its record high.
In the rapidly evolving world of technology, a groundbreaking frontier is emerging that could redefine the very nature of computation: biocomputers. Unlike traditional computers built from silicon-based microchips, biocomputers harness the remarkable processing power of biological systems—often using living cells, DNA molecules, or even entire organisms as computational platforms.
Every time a new technology is introduced there seems to be a gold-rush mentality that takes over for the first several years. That is what seems to be
What's behind Rigetti Computing's 30% surge on July 16? The answer goes deep into how the firm is looking to lead the quantum industry for decades to come.
