IBM Shares Plunge 23% After Warning of a Quarterly Earnings Miss
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
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Micron Surpasses $1 Trillion Valuation as AI Memory Chip Demand Surges
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Micron Technology reported strong AI-driven earnings growth, but its stock fell following the results as investors reacted to valuation concerns and supply constraints.
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By
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The House approved the SPEED Act to speed federal permits for AI infrastructure, tightening environmental review timelines as lawmakers debate energy, data centers, and competitiveness.