International Business Machines (IBM)

IBM shares fall despite upbeat Q1 results. Wedbush analyst maintains an Outperform rating but cuts PT to $320 due to macro headwinds.

President Trump seems willing to let the ceasefire sit, while control of the Strait of Hormuz hangs in the balance.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.57%. June E-mini S&P futures (ESM26 ) fell -0.42%,...

IBM stock sinks as muted Q1 software revenue growth reignites AI disruption fears. Here’s why IBM shares aren’t particularly attractive to buy on the post-earnings dip.

Both IBM and ServiceNow recently reported earnings results ahead of consensus Wall Street estimates. Yet, their stocks are getting crushed.

What Happened? A number of stocks fell in the afternoon session after quarterly results from two major companies raised fresh questions about AI's impact on ...

What Happened? Shares of smart property technology provider Alarm.com (NASDAQ:ALRM) fell 6.3% in the afternoon session after quarterly results from two major...

What Happened? A number of stocks fell in the afternoon session after quarterly results from two major companies raised fresh questions about AI's impact on ...

What Happened? Shares of construction management software provider Procore Technologies (NYSE:PCOR) fell 7.2% in the afternoon session after quarterly result...

What Happened? A number of stocks fell in the afternoon session after quarterly results from two major companies raised fresh questions about AI's impact on ...

What Happened? A number of stocks fell in the afternoon session after quarterly results from two major companies raised fresh questions about AI's impact on ...

What Happened? Shares of cloud software provider Upland Software (NASDAQ:UPLD) fell 7.1% in the afternoon session after quarterly results from two major comp...

What Happened? A number of stocks fell in the afternoon session after quarterly results from two major companies raised fresh questions about AI's impact on ...

What Happened? Shares of global professional services company Accenture (NYSE:ACN) fell 6.7% in the afternoon session after investors grew concerned about br...

What Happened? Shares of technology and consulting giant IBM (NYSE:IBM) fell 9.2% in the afternoon session after the company reported first-quarter results t...

Unity Software Inc (NYSE: U) drops. more than 4% Thursday. Read how IBM and ServiceNow earnings are fueling AI anxiety and dragging down the SaaS sector.

U.S. stocks dipped as Iran-Hormuz tensions lifted oil, IBM and ServiceNow cratered, and defensive sectors led a rotation

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. June E-mini S&P futures (ESM26 ) are up +0.07%, and June E-mini Nasdaq...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. June E-mini S&P futures (ESM26 ) are down -0.08%, and June E-min...

SaaS stocks slide as ServiceNow and IBM outlooks disappoint. Investors worry AI is undermining traditional software subscription models.