IBM Issues Q2 Warning as AI Spending Shift Hits Traditional Business
IBM cut its Q2 revenue and earnings forecast as AI spending shifts hurt traditional software and services. CEO admits slow adaptation to market changes.
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Starbucks Builds In-House AI Tools to Cut Reliance on Microsoft, IBM, and Oracle
Starbucks aims to slash $400M in annual software spend by building its own AI tools, challenging Microsoft Dynamics, IBM TRIRIGA, and Oracle Simphony.
Trump Signs Executive Orders to Build First Usable Quantum Computer by 2028
Trump orders fast-track quantum tech: build powerful computer by 2028 and upgrade encryption to resist future cyber threats by 2030.
JPMorgan Bullish on IBM: Upgrades to Overweight Citing H2 2026 Software Surge
JPMorgan upgrades IBM to Overweight from Neutral, citing strong second-half 2026 software acceleration, Red Hat OpenShift momentum, and HashiCorp-driven tailwinds.
Quantinuum Set for $1.46 Billion Quantum IPO – Second-Largest in Sector
Quantinuum is launching the largest quantum computing IPO of 2026, targeting $1.46 billion at a $14.3 billion valuation. Trading starts this week on Nasdaq under ticker QNT.
Barclays Gives IBM a Bullish Overweight Rating – Software Strength & Quantum Upside in Focus
Barclays rates IBM Overweight with $350 target (~18% upside), citing steady software growth, strong margins, and quantum upside.