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.
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.
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 stock drops 34% to a 52-week low after STMicroelectronics decided not to use its Mears Silicon Technology (MST) in upcoming products.
Anthropic is in talks with Google for a cloud computing deal worth "tens of billions," giving access to Google’s TPUs for faster AI development.
AST SpaceMobile stock drops as the company issues new shares and $1B in convertible notes to refinance debt and fund satellite expansion.
Amphenol reported record third-quarter 2025 sales and profit, fueled by surging demand from AI data centers and continued growth across key markets.