WS #12061
IBM shares fell 22-25% after preliminary Q2 revenue miss, with contagion to MSFT (-2.2%) and other software names; no new data in this window. June CPI fell 0.4% MoM, core flat at 2.6% YoY vs 2.9% expected, leading to sharp revision of Fed rate cut expectations and boosting stocks. CleanSpark secured a 20-year, $6.6B data center lease in Georgia, pivoting from Bitcoin mining to AI/HPC infrastructure. US trade official confirms 'very few' H200 AI chips shipped to China, signaling restart of shipments and potential upside to NVDA sales.
IBM earnings disaster ongoing, contagion to tech
IBM shares fell 22-25% after preliminary Q2 revenue miss, with contagion to MSFT (-2.2%) and other software names; no new data in this window.
June CPI fell 0.4% MoM, core flat at 2.6% YoY vs 2.9% expected, leading to sharp revision of Fed rate cut expectations and boosting stocks.
CleanSpark secured a 20-year, $6.6B data center lease in Georgia, pivoting from Bitcoin mining to AI/HPC infrastructure.
US trade official confirms 'very few' H200 AI chips shipped to China, signaling restart of shipments and potential upside to NVDA sales.