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IBM Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
IBM shares crashed 25.21% on July 14, 2026, marking the stock’s worst single-day drop since 1968. The selloff followed a preliminary Q2 earnings warning. IBM posted adjusted EPS of $2.93, missing the $3.01 consensus estimate. Revenue came in at $17.2 billion, below the $17.86 billion analysts expected. CEO Arvind Krishna blamed a sudden capital expenditure…
Tata Elxsi (NSE: TATAELXSI) Shares Fall 6.1% After Q1 Profit Drops 22.58% Sequentially
Tata Elxsi shares fell 6.1% Wednesday after its Q1 FY27 results missed expectations. The stock touched an intraday low of ₹3,469.70, a fresh 52-week low. Tata Elxsi reported Q1 net profit of ₹170.6 crore, up 18.2% year-over-year. That figure still marked a 22.58% sequential decline from ₹220 crore in Q4 FY26. Revenue crossed the ₹1,000…
Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …
Intel Shares Jump 4.50% as Intel Turns to ASML’s Next-Generation Chipmaking Tool
Intel shares jumped 4.50% Wednesday, trading at $107.76 after a volatile week. The rally followed news that Intel will use ASML’s next-generation chipmaking tool. Intel has begun deploying ASML’s High-NA EUV machine for Panther Lake laptop chips. That marks a significant step after experiments with the tool began back in 2024. The move comes alongside…
Thames Water Swings to £226 Million Profit While Debt Climbs Close to £20 Billion
Thames Water swung to a £226.4 million pre-tax profit for the year ended March 31, 2026. That marks a dramatic turnaround from losses of £1.65 billion the previous year. Despite the profit swing, Thames Water’s total debt climbed to £19.77 billion. That’s up from £17.73 billion a year earlier, as the company kept borrowing. Thames…
PayPal Stock at $47.37 as Stripe Offers $60.50 Per Share in $53 Billion Buyout Bid
PayPal stock has moved back into focus after reports on July 15, 2026, said that Stripe and private equity firm Advent International had offered $60.50 per share in a proposed $53 billion buyout. The offer values PayPal well above its recent trading price of $47.37 and has sparked fresh interest in what could become one…
Nifty IT Slides as TCS Drops to ₹2,193.40: Why Infosys, Mphasis & Persistent Systems Shares Are Falling
Indian IT stocks faced selling pressure on July 15, 2026, as the Nifty IT index moved lower after TCS fell to ₹2,193.40. The decline spread across the sector, with Infosys, Mphasis, Persistent Systems, Wipro, and HCLTech also trading in the red. Weak global technology sentiment weighed on investor confidence, while fresh concerns about enterprise IT…
SpaceX Loses Momentum: Stock Falls to $136.08 After $850 Billion Value Wipeout
SpaceX shares fell to $136.08 Tuesday, extending a brutal slide since its June IPO. The stock has now dropped roughly 39.7% from its June 16 peak of $225.64. That decline has erased close to $850 billion in market value. SpaceX debuted on Nasdaq June 12, 2026, pricing shares at $135 in the largest IPO ever. …
Adani Power Ltd Drops 1.84% to ₹222 as Trading Volume Surges Above 71 Lakh Shares
Adani Power Ltd stayed in the spotlight on July 13, 2026, after its share price fell 1.84% to ₹222, while trading volume crossed 71 lakh shares. A jump in trading activity like this usually points to strong participation from both buyers and sellers, making the stock one of the most closely tracked counters during the…