WS #12044
IBM plunges 24%+ after preliminary Q2 revenue miss, worst day since 1960s, as enterprise spending shifts to AI hardware. Uber in advanced talks to acquire Delivery Hero at a premium above €36 per share. Chinese memory chip maker CXMT seeks to raise $9.8 billion in Shanghai IPO. New York becomes first US state to impose moratorium on data centers.
IBM Earnings Miss
IBM plunges 24%+ after preliminary Q2 revenue miss, worst day since 1960s, as enterprise spending shifts to AI hardware.
Uber in advanced talks to acquire Delivery Hero at a premium above €36 per share.
Chinese memory chip maker CXMT seeks to raise $9.8 billion in Shanghai IPO.
New York becomes first US state to impose moratorium on data centers.