WS #12075
IBM plunged ~24% after preliminary Q2 earnings miss, worst day since 1962, citing customer shift to AI infrastructure. US June CPI came in cooler than expected at 3.5% YoY, providing a bullish counter-narrative for equities. Apple releases iOS 27 public beta with Siri AI overhaul, Morgan Stanley sees potential iPhone 18 price hike as catalyst. Lawsuit claims Meta used AI tools to select employees for layoffs, targeting those with disabilities and protected leaves.
IBM Earnings Disaster
IBM plunged ~24% after preliminary Q2 earnings miss, worst day since 1962, citing customer shift to AI infrastructure.
US June CPI came in cooler than expected at 3.5% YoY, providing a bullish counter-narrative for equities.
Apple releases iOS 27 public beta with Siri AI overhaul, Morgan Stanley sees potential iPhone 18 price hike as catalyst.
Lawsuit claims Meta used AI tools to select employees for layoffs, targeting those with disabilities and protected leaves.