IBM Misses Red Hat Growth Target Despite Strong AI and Mainframe Sales
IBM’s Q3 results beat profit estimates but fell short on Red Hat growth, sparking investor concern. Strong AI and mainframe sales drove overall revenue to $16.3B.
NOTRELOAD AI
Vicor Stock Soars 29% as AI Boom Fuels New Growth
Vicor jumps 29% after strong earnings and AI-driven demand for its power systems. Analysts upgrade the stock to Buy with a $90 price target.
Atomera Shares Plunge After STMicroelectronics Ends MST Project
Atomera stock drops 34% to a 52-week low after STMicroelectronics decided not to use its Mears Silicon Technology (MST) in upcoming products.
Carvana Stock Drops Amid Auto Market Worries
Carvana shares fall nearly 11% as auto market concerns and lender bankruptcies shake investor confidence, despite strong year-to-date gains.
Intuitive Surgical Shares Surge After Strong Q3 Earnings
Intuitive Surgical beats Q3 earnings expectations with strong da Vinci and Ion system sales, driving shares up 14% and prompting multiple analyst upgrades.
Armata Pharmaceuticals Shows Promising Results for AP-SA02 in Severe Staph Infection
Armata's AP-SA02 bacteriophage cocktail showed high cure rates and zero relapse in a Phase 2 trial for complicated Staphylococcus aureus bacteremia (SAB), signaling a potential new standard of care.