Oracle Hits Record High on $30B Cloud Deal News
Massive agreement signals strong AI and cloud momentum Oracle shares surged 4% to a new all-time high after a regulatory filing revealed a blockbuster cloud deal that could bring in more than
IBM Unveils Power11 Chips to Simplify Enterprise AI
New data center systems target AI inference, not training IBM announced its new Power11 chips and servers on Tuesday, marking the first major update to its Power line since 2020. With a
IBM Shares Slide Despite Earnings and Revenue Beat
Strong Quarterly Results Overshadowed by Market Caution IBM delivered second-quarter results that exceeded Wall Street expectations, yet shares dropped as much as 6% in after-hours trading. The dip reflects lingering concerns around
IBM Targets AI Growth with New Tools for Business
IBM is making a significant push into the crowded artificial intelligence (AI) field with new tools designed to help businesses manage fleets of AI agents for key applications. CEO Arvind Krishna highlighted