UBS Upgrades IBM to Neutral – AI Fears Largely Priced In, Mainframes Stay Sticky
UBS upgrades IBM from Sell to Neutral, keeps $236 price target. After a 22% drop, analysts see better risk/reward and limited AI threat to IBM's mainframe business.
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HP Beats Q1 Expectations on AI PC Surge — But Memory Crisis and Tariffs Threaten the Rest of 2026
HP crushes Q1 with AI PC boom but flags memory chip crisis + tariffs. Q2 profit outlook misses estimates, full-year guidance leans low-end. Shares drop 7%.
Workday Beats Q4 Expectations But Cautious 2027 Outlook Sparks Stock Plunge
Workday forecasts $9.93B–$9.95B subscription revenue for 2027 (below $10B estimates) as companies slow tech buys. Shares fall 9% despite solid Q4 beat; Anthropic AI news sparks $830B sector selloff.
Unity Software Explores Sale of Its China Business Unit
Unity Software is considering selling its China operations, potentially valuing the unit over $1 billion, as part of efforts to streamline and focus on core growth areas amid stock challenges.
SoundHound Launches AI Sales Agent for Retail Staff
SoundHound AI just launched Sales Assist — a real-time voice AI agent that helps retail staff instantly recommend deals, upgrades, and bundles during live customer conversations.
SemiCab Teams Up with Coca-Cola India to Make Freight Smarter
Algorhythm Holdings’ SemiCab, an AI-powered logistics platform, has launched a pilot program with Coca-Cola India to reduce transportation costs and minimize empty truck miles across India.