Investors are punishing Big Tech stocks for rising AI capital expenditures, but AMD CEO Lisa Su, Mastercard CEO Michael Miebach, and IBM CFO Jim Kavanaugh all report strong AI monetization and product…
IBM is betting on a mainframe computing rebound in 2026 after a second-quarter sales warning sent its stock plunging, CFO Jim Kavanaugh told Yahoo Finance the company expects a record year for mainfra…
IBM reported Q2 revenue of $17.2 billion and net earnings of $2.2 billion, but fell short of Wall Street expectations, with mainframe revenue down 42%. CEO Arvind Krishna attributed the decline to cus…
IBM stock rose after CFO Jim Kavanaugh explained that AI infrastructure buildouts, not a software slowdown, drove the company's Q2 earnings warning. IBM reported Q2 net sales of $17.2 billion (up 1%) …