IBM’s Krishna says only 2% of its software is at risk from AI after a 30% stock slide
IBM CEO Arvind Krishna told CNBC that only 2% of the company’s software could be replaced by applications built with...
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
BioNTech pivots from COVID vaccines to oncology as analyst flags rich valuation
BioNTech is steering away from its fading COVID-19 business toward oncology, the pharmaceutical industry’s largest therapeutic area by annual sales....
OpenAI’s Presence launch sends software stocks tumbling
OpenAI's new Presence tool pushed the company deeper into corporate software, and shares of established SaaS vendors fell in response....
Oracle wins Pentagon software contract worth almost $7 billion over 10 years
The Pentagon awarded Oracle a 10-year software contract worth almost $7 billion, sending the stock up about 3% in extended...
Intel jumps 11% after Q2 revenue grows at fastest pace since 2011
Intel beat second-quarter estimates and delivered its fastest revenue growth since 2011, sending the stock up 11% in extended trading....
