IBM stock plunged 25% Tuesday, its worst day since 1987, after warning that clients are shifting budgets from software to AI-driven hardware.
ASML raised its 2026 sales forecast to €45 billion on AI chip demand, lifting Wall Street futures as earnings season and Fed testimony continue.
SK Hynix's Nasdaq ADRs traded up to 51% above its Seoul shares this week after a record $26.5 billion US listing, and analysts are split on...
Stripe and Advent International offered $60.50 a share for PayPal, valuing the payments giant at more than $53 billion and sending its stock surging.