IBM’s stock is having its worst day ever after the surprise release of an earnings miss
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
Minutes Welcome / introductions The Chair welcomed the Group and those present as part of the observers’ programme. Diversity, Equity & Inclusion DE&I remains a priority for the Bank of England and the Group, ensuring that the initiatives which are in place receive continued support. The Group discussed differences in flexible working policies between individual…
Investors often weigh the hyper-growth of cybersecurity against the explosive power of AI hardware. Deciding between CrowdStrike (CRWD 0.21%) and NVIDIA (NVDA 1.97%) requires looking closely at their recent performance and long-term outlooks. CrowdStrike offers a cloud-native platform for endpoint security, while NVIDIA dominates the data center market with its high-performance chips. Both companies sit…
Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Evergrande crisis. National prices follow an L-shaped path, with a K-shaped divergence between Tier-1 and lower-tier cities. Weak demand, tighter funding and demographics mean real estate will no longer be China’s primary growth engine as Beijing redirects capital to…
We thank Andrew Chen (discussant), Ingrid Tierens, Stefan Nagel, and conference and seminar participants at The Future of AI in Asset Management Conference at Chicago Booth, the ABFR Seminar, Baruch College, Columbia University, and the University of Utah for helpful feedback and suggestions. For financial support, Koijen thanks the Center for Research in Security Prices…
Mid-cap stocks MYR Group (MYRG 5.34%) and VSE Corporation (VSEC 7.12%) operate in completely different industrial sectors, with MYR Group focusing on electrical contracting and VSE on aviation aftermarket services. However, they are fundamentally cut from the same cloth, as they rely heavily on recurring, non-discretionary service revenue. Utilities must maintain the grid, and that’s…
President Donald Trump said Wednesday he may no longer be interested in even trying to reach a deal with Iran, hours after declaring their recent ceasefire agreement “over” in light of renewed hostilities in the Strait of Hormuz. “I’m not sure I want to make a deal with them,” Trump said of Tehran during a…