IBM said it had “faltered” in keeping pace with a shift in corporate spending from software to data-center infrastructure ‌and would take a big earnings hit in the second quarter, in the clearest sign ...

By Ragini Mathur and Avinash P July 14 (Reuters) - Wall Street's main indexes rose on Tuesday after softer-than-expected ...

From AI to cloud computing, data centers power today's digital world. Learn about their function and why companies are racing ...

Shares of Big Blue slumped 20% in premarket trading, dragging other software stocks and Dow futures lower.

IBM said on Tuesday it expects second-quarter revenue of $17.2 billion, according to preliminary results. Analysts expect the ...

Gale CEO Rahul Gudise thought an Nvidia internship would lead to his dream job. It showed him he wanted to build his own ...

Enterprise software stocks are navigating a difficult stretch, as IBM's preliminary Q2 miss triggered broad sector selling.

AI can now hack trust instead of code. OpenAI's GPT-Red beat human red teamers 84% to 13%, proving persuasion may be the next ...

That’s bad for the stock—and it’s pulling software shares downward. “In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to ...

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IBM’s stock suffered its worst trading day since 1968 on Tuesday after the company admitted it had it “faltered” in adapting ...