economy

IBM CEO Arvind Krishna Addresses Investor Concerns Over AI’s Impact on Software Unit Amid Disappointing Q2 Results

07/23/2026, 12:37 PM economy review software finance IBM

IBM's CEO Arvind Krishna reassured investors that only 2% of the company's software is at risk of being replaced by AI, following disappointing quarterly results that saw a significant drop in mainframe and transaction processing revenue.

Cerebras (CS) Shares Rise 4% Following Partnership with AMD on AI Systems

07/23/2026, 12:37 PM economy stock_growth ai semiconductors Advanced Micro Devices

Cerebras Technologies' stock rose approximately 4% following a partnership announcement with Advanced Micro Devices (AMD) to collaborate on artificial intelligence systems, which is significant for investors as it underscores the growing demand for low-latency AI solutions.

Analysts JPMorgan report significant increase in AI-themed ETFs despite challenging quarter

07/23/2026, 10:37 AM economy research Analysts: analysts, JPMorgan ai

JPMorgan's recent report highlights a significant increase in AI-themed exchange-traded funds (ETFs) despite a challenging quarter for the broader market, indicating strong investor interest in artificial intelligence as a growth sector.

Jim Cramer Expresses Concerns Over Market Risks Amid Rising Oil Prices and AI Spending

07/23/2026, 10:37 AM economy research finance Alphabet

Jim Cramer warns that Wall Street may be underestimating significant risks, including rising oil prices and increased spending on artificial intelligence, which could impact market stability and investor sentiment.

Amazon and Microsoft Adjust Cloud Gaming Strategies to Attract Different Player Segments

07/23/2026, 09:36 AM economy review software gaming Amazon Microsoft

Amazon and Microsoft are adapting their cloud gaming strategies to attract more players, with Microsoft testing an ad-supported streaming model and Amazon integrating its Luna service into Prime Video, aiming to enhance visibility and accessibility for casual gamers.

Intel (INTC) Faces 27% Stock Decline; Investors Await Earnings Report for AI CPU Growth and Foundry Progress

07/23/2026, 08:37 AM economy review ai semiconductors Intel

Intel's upcoming earnings report is crucial for investors, as it will reveal the company's progress in AI server CPU growth and its foundry business amidst a significant stock decline of over 27% since June's peak.

Google Cloud CEO Thomas Kurian Reports 50% Increase in Customer Spending Amid Strong Cloud Growth

07/23/2026, 08:37 AM economy growth software ai Alphabet

Google's cloud business is experiencing significant growth, with existing customers increasing their spending by approximately 50%, which is crucial for the company's overall performance amid rising capital expenditures.

Amazon Announces Layoffs Amid Market Concerns Following Earnings Reports from Tesla and Alphabet

07/23/2026, 06:37 AM economy announcement Comcast Amazon Warner Bros. Discovery Alphabet IBM Tesla

Investors should note that stock futures are declining following disappointing earnings from Alphabet and Tesla, alongside rising oil prices due to geopolitical tensions, which could impact consumer spending and market sentiment.

White House Official Accuses Moonshot AI of Accessing Nvidia Chips Despite Export Ban

07/23/2026, 04:37 AM economy announcement ai software Nvidia

The White House has accused Chinese AI company Moonshot of illegally accessing Nvidia's advanced chips, highlighting ongoing tensions in the U.S.-China AI arms race and raising concerns about intellectual property theft.

European Regulators Fine Google $1 Billion Under New Digital Markets Act for Preferential Treatment of Its Services

07/23/2026, 03:36 AM economy announcement Google

Google has been fined 890 million euros ($1 billion) by European regulators for allegedly favoring its own services over competitors, marking the first significant enforcement action under the EU's Digital Markets Act.