Investors may be taking issue with various elements of the software company’s margin forecast.
Investors have been concerned about AI’s impact on IBM’s software and consulting businesses.
Residents in Northeast Harris County say they are still waiting for flood control projects they believe could save their homes—and their lives. Now, the Harris County Flood Control District is responding to growing concerns, insisting the projects are not behind schedule and offering a new timeline for when work will begin.
Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.
Shares of CSX jumped after hours on Wednesday after the railroad giant raised its sales outlook for the year, as more businesses choose rail to save on fuel costs in the wake of the Iran war.
The photonics company’s stock has run up more than 70% this week on speculation of a major hyperscaler partner, even as short sellers warn of a “tax nightmare.”
Tesla's planned capex for 2026 is three times higher than what the company has historically spent. Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.
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With 50 days until Houston hosts the FIFA World Cup, the city is about to see some of its most visible changes yet, and residents will start noticing the transformation almost immediately.