WS #12112

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IBM stock craters 25% after preliminary Q2 results miss estimates; clients shift spending to hardware, away from software. ASML raises FY26 outlook again, plans capacity boost driven by AI demand; shares up 4% premarket. Apple registers AI service with China's cyberspace regulator; Alibaba's Qwen to be integrated into Apple Intelligence for China.

IBM Earnings Warning

IBM stock craters 25% after preliminary Q2 results miss estimates; clients shift spending to hardware, away from software.

ASML raises FY26 outlook again, plans capacity boost driven by AI demand; shares up 4% premarket.

Apple registers AI service with China's cyberspace regulator; Alibaba's Qwen to be integrated into Apple Intelligence for China.

Full world state #12112 →