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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…
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. …
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…
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…
IBM Stock Crashes 25% on July 14 as Q2 Earnings Miss Signals Budget Shift
IBM stock crashes 25% to $217.07 after missing Q2 targets. Customers shifted capex to servers and memory amid AI demand. Dell and HPE gain as hardware demand stays strong.
IBM Share Slides 25.21% to $217.07: What Caused the Company’s Worst Stock Crash in Decades?
IBM shares crashed 25.21% to close at $217.07 on Tuesday, July 14, 2026. The drop marked the steepest single-day decline in the company’s history, surpassing its previous worst day during the October 1987 Black Monday crash, when shares fell 23.7%. IBM has traded on the New York Stock Exchange since 1916, making this an unprecedented…
Cyclosporiasis Cases Surge to 6,745 as Lettuce Emerges as Likely Source
Nearly 7,000 cyclosporiasis cases reported across 34 states in 2026. Michigan officials point to lettuce as likely source. CDC warns of continued spread through August.