Sources: Alphabet plans to sell a rare 100-year sterling bond, as Big Tech companies borrow more to fund their capex growth; IBM sold a 100-year bond in 1996
Deal comes as Google parent steps up AI borrowing rush with $15bn sale of dollar bonds — Alphabet has lined up banks to sell …
Sources: Alphabet plans to sell a rare 100-year sterling bond, as Big Tech companies borrow more to fund their capex growth; IBM sold a 100-year bond in 1996
Deal comes as Google parent steps up AI borrowing rush with $15bn sale of dollar bonds — Alphabet has lined up banks to sell …
IBM reports Q4 revenue up 12% YoY to $19.7B, above $19.2B est., and projects 2026 revenue growth and free cash flow above estimates; IBM jumps 8%+
International Business Machines Corp. reported quarterly sales that topped analysts' estimates on strong growth for its closely watched software unit.
IBM reports Q4 revenue up 12% YoY to $19.7B, vs. $19.2B est., and projects 2026 revenue growth and free cash flow above estimates; IBM jumps 8%+ after hours
IBM reports Q3 revenue up 9% YoY to $16.3B, above $16.1B est., and Hybrid Cloud revenue, including its Red Hat unit, up 14%, below 16% est.; IBM drops 6%+
Brody Ford / Bloomberg :
IBM reports Q2 revenue up 8% YoY to $16.98B, vs. $16.59B est., and software revenue up 10% YoY to $7.39B, vs. $7.49B est.; IBM drops 5%+
Brody Ford / Bloomberg :
IBM plans to invest $150B in the US over the next five years, including in R&D, to fuel the economy and “accelerate its role as the global leader in computing”
IBM plans to invest $150 billion in the US over the next five years, including funds for research and development …
IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020
Asa Fitch / Wall Street Journal :
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+
IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 2% in extended trading. — Here's how the company performed:
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / CoinDesk : CoreWeave ...