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More U. S. workers will soon be free to leave their employers and work for rivals, thanks to new federal rules that halt the long-standing practice of locking workers in with noncompete agreements. Th...
04.23.2024 Techio.co and 4 sitesTechs led a retreat in US stocks on Thursday as Meta's ( META ) revenue forecast rattled investors eyeing the next high-stakes megacap earnings. Meanwhile, a sharply lower-than-expected reading on US ...
04.25.2024 Yahoo.com and 15 sites
(Bloomberg) -- International Business Machines Corp. dropped about 9% in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of softwa...
04.24.2024 Yahoo.com and 9 sites
ROME (AP) — Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit t...
04.24.2024 yahoo.com , vancouversun.com , dailymail.co.uk and 59 sites
By Arsheeya Bajwa (Reuters) – International Business Machines will buy HashiCorp in a deal valued at $6. 4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. Software has been a bright spot for IBM as its consulting business grapples with more cautious spending by enterprises navigating higher interest rates. IBM will pay $35 per share for HashiCorp, a 42. 6% premium to Monday’s closing price. HashiCorp’s shares surged on...
04.24.2024 yahoo.com , indiatimes.com , thestar.com.my and 31 sitesThe market rally is at its most fragile point in months. The S&P 500 ( ^GSPC ) ended Friday below 5, 000, its first close below that mark since late February. Meanwhile, the Nasdaq Composite ( ^IXIC )...
04.21.2024 Yahoo.com and 9 sites
(Reuters) – Shares of International Business Machines fell more than 8% in premarket trading on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope wi...
04.25.2024 channelnewsasia.com , investing.com , thestar.com.my and 26 sites
Many companies reported positive earnings on Tuesday, helping the Dow rise over 230 points. General Motors stock jumped after the company released its better-than-expected quarterly report, while Tesl...
04.23.2024 Yahoo.com and 3 sites
(Reuters) – Rubrik’s shares rose nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed cybersecurity firm a valuation of $6. 77 billion. The startup joins a...
04.25.2024 yahoo.com , thestar.com.my , usnews.com and 29 sites
(Updated - April 25, 2024 4: 00 AM EDT) IBM (NYSE: IBM ) has reported earnings that beat analysts' expectations for the fiscal Q1 2024, though revenue missed the mark. The company also announced it has reached an agreement to acquire HashiCorp (NASDA...
04.24.2024 Investing.com and 39 sites
