Advanced Micro Devices (AMD) shares fell sharply in premarket trading despite a strong second-quarter report, as investors had expected even stronger guidance amid AI optimism. AMD forecast third-quar…
OpenAI CEO Sam Altman announced major price cuts for GPT-5.6 Luna and Terra, with an 80% drop for Luna to $0.20 per million input tokens and $1.20 per million output, and a 20% drop for Terra to $2 an…
Intel posted its strongest revenue growth in more than 15 years, with second-quarter revenue of $16.1 billion, up 25% year over year, and adjusted earnings of $0.42 per share, nearly double Wall Stree…
IBM CEO Arvind Krishna warned of a revenue miss due to clients reprioritizing capital expenditure toward AI hardware, raising questions about the future of traditional software models. The warning has…
IBM is on pace for its worst stock day ever after CEO Arvind Krishna warned of a quarterly performance shortfall due to customers redirecting spending toward AI infrastructure, reviving fears of a 'Sa…