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International Monetary Fund: "Extremely high uncertainty" casts a shadow over the economic outlook.

2026-10-22

International Monetary Fund: "Extremely high uncertainty" casts a shadow over the economic outlook.

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2026-10-22

IBM reported Q3 revenue of $17.1bn for the quarter ended Sept. 30, up ~5% YoY and above analyst estimates. Infrastructure revenue, including mainframes, rose 4% to $3.7bn; IBM said most infrastructure orders that were delayed earlier this year have n

IBM reported Q3 revenue of $17.1bn for the quarter ended Sept. 30, up ~5% YoY and above analyst estimates. Infrastructure revenue, including mainframes, rose 4% to $3.7bn; IBM said most infrastructure orders that were delayed earlier this year have now been rebooked, with CFO Kavanaugh saying roughly two‑thirds of previously delayed mainframe and related software deals are now signed. Software revenue climbed 8.3% to $7.8bn, beating the Street estimate of $7.64bn. IBM said earlier that customer spend had temporarily shifted toward chips and servers amid AI‑driven supply constraints, pressing mainframe and software demand; it now expects free cash flow to increase by more than $1bn this year, above a prior forecast of about $1bn.
2026-10-22

VIX rose 1.87 points to 18.55.

VIX rose 1.87 points to 18.55.
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