IBM Connects Cryogenic Quantum Modules in Push Towards 2029 Fault-Tolerant SystemAugust 19, 2026 6:30 AM
IH Market News IBM (NYSE:IBM) has successfully connected and cooled two cryogenic quantum computing modules within a single environment, reaching an important engineering milestone in its plans to develop a fault-tolerant quantum computer. The linked modules measure more than eight feet in both height and width. Testing demonstrated that the system can cool to 4 Kelvin in less than five days before ultimately reaching temperatures below 15 millikelvin. Each module’s vacuum enclosure also provides as much as 12 times more space for wiring than IBM’s most widely deployed quantum computing systems, giving the company additional capacity as it works towards increasingly complex hardware configurations. Modular Design Opens Path to Larger Quantum Systems IBM has adopted a box-shaped modular architecture that allows multiple units to be connected in a row. The design incorporates the company’s “L-coupler” technology, which enables separate quantum chips to exchange information and function together as part of a larger computing system. Under IBM’s current roadmap, L-couplers are expected to connect multiple processors by 2027, creating a quantum computer containing at least 1,000 programmable qubits. The company also plans to install its Quantum Nighthawk processors inside the cryogenic modules later this year, allowing engineers to conduct further performance testing and assess the architecture at greater scale. IBM Quantum Starling Remains Targeted for 2029 The modular cryogenic architecture is ultimately intended to provide a foundation for IBM Quantum Starling, which the company describes as its planned first fault-tolerant quantum computer. IBM is targeting delivery of Starling in 2029. By that stage, the company expects individual cryogenic modules to accommodate thousands of qubits, providing the scale required for substantially more sophisticated quantum computing workloads. “Bringing fault-tolerant quantum computers to industries depends on several fundamental advances,” said Jay Gambetta, Director of IBM Research and IBM Fellow. “The successful connection and operation of these cryogenic modules signals a leap forward in that direction and will accelerate our progress alongside continued innovation in quantum hardware, software, and algorithms.” IBM Advances Quantum Computing Roadmap Successfully connecting and operating two cryogenic modules represents another step towards overcoming the engineering challenges involved in scaling quantum computers beyond individual processors. The architecture is designed to give IBM a modular route towards larger machines, combining multiple quantum chips while providing the extreme cooling, wiring capacity and connectivity necessary for their operation. The announcement, issued by IBM from Yorktown Heights, New York, reinforces the company’s longer-term roadmap of progressing from interconnected processors towards a large-scale fault-tolerant quantum computing platform by the end of the decade. IBM stock priceThe post IBM Connects Cryogenic Quantum Modules in Push Towards 2029 Fault-Tolerant System appeared first on US Editors. Original: IBM Connects Cryogenic Quantum Modules in Push Towards 2029 Fault-Tolerant System

IBM Connects Its First Modular Cryogenic Systems in Milestone Toward Fault-Tolerant Quantum ComputingAugust 19, 2026 6:00 AM
PR Newswire (US) New cryogenic quantum fridges designed to link hundreds of quantum chips. Cooled to below 15 millikelvin, more than 180 times colder than deep space, the build out marks a step forward in the engineering required for future quantum computers.Advances IBM's quantum roadmap to deliver the world's first fault-tolerant quantum computer in 2029. YORKTOWN HEIGHTS, N.Y., Aug. 19, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has successfully joined and cooled down two cryogenic modules into a single environment. The new architecture is designed to scale into the modular, shared, and ultra-cold system required to link hundreds of quantum chips into a more powerful quantum computer capable of solving large problems. Its deployment is a milestone on IBM's path to delivering IBM Quantum Starling in 2029, which is expected to be the world's first fault-tolerant quantum computer and will integrate advances across error correction, processor design, decoding, and systems engineering. Combined, the first two operational modules stand more than 8 feet tall and 8 feet wide, and initial tests demonstrated they can jointly cool down to 4 Kelvin (the temperature of liquid helium) in under 5 days, reaching a final temperature of below 15 millikelvin shortly after. Each module's vacuum enclosure offers up to 12 times more wiring space than the most widely used IBM quantum systems, enabling more chip-to-chip connections both within and between modules.IBM's new box-shaped design allows modules to connect in a tight row and use this larger space to directly link quantum processors with IBM's "L-coupler" technology. L-couplers connect separate quantum chips together to share information, communicate, and operate as part of a larger quantum computer.By 2027, IBM's quantum roadmap plans to use L-couplers to link multiple processors into a larger quantum computer with at least 1,000 programmable qubits, which are qubits that can be directly used to perform computations. Towards this goal, IBM will install IBM Quantum Nighthawk processors into the cryogenic modules later this year to expand operational performance testing. At the time Starling is delivered, IBM plans for each cryogenic module to house thousands of qubits.IBM's plans for Starling were introduced last year with a new error correction code that dramatically reduces the physical resources required for fault tolerance. Since then, the company's progression has remained on course, including the demonstration of core hardware components and breakthroughs in efficient error-correction decoding."Bringing fault-tolerant quantum computers to industries depends on several fundamental advances," said Jay Gambetta, Director of IBM Research and IBM Fellow. "The successful connection and operation of these cryogenic modules signals a leap forward in that direction and will accelerate our progress alongside continued innovation in quantum hardware, software, and algorithms."IBM expects its scalable cryogenic modules to help speed its pace of innovation. For example, three essential components of IBM Quantum System Two's environment are built into the new architecture, but now in a way that allows each part to be independently tested, improved, and rapidly iterated.The delivery of these new cryogenic quantum modules is further evidence that IBM is systematically delivering against its quantum roadmap, solving another one of the major hurdles required to accelerate its path to fault-tolerant quantum computing.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media contacts:Dave Mosher
IBM
dave.mosher@ibm.comErin Angelini
IBM
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IBM rebounding https://schrts.co/erwCAyDk

IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 IntegrationAugust 13, 2026 6:26 AM
IH Market News IBM (NYSE:IBM) announced a strategic partnership with OpenAI on August 13, 2026, aimed at bringing advanced artificial intelligence models and products into IBM Consulting’s enterprise AI delivery platform. The collaboration will target large-scale deployments across industries including financial services, government, telecommunications and retail, with GPT-5.6 among the OpenAI models being integrated. GPT-5.6 and OpenAI products join IBM Consulting Advantage Under the partnership, IBM plans to incorporate OpenAI’s frontier models, including GPT-5.6, alongside products such as Codex and ChatGPT Work into IBM Consulting Advantage, the company’s platform for delivering consulting services to enterprise clients. The collaboration is designed to help organisations modernise workflows across a range of business functions, including finance, procurement, customer operations and human resources. By combining OpenAI’s AI technology with IBM’s enterprise consulting capabilities, the companies are targeting organisations seeking to introduce generative AI into complex existing systems while addressing security, governance and operational requirements. IBM to create dedicated OpenAI Practice IBM will establish a dedicated OpenAI Practice comprising thousands of consultants and engineers trained through OpenAI Partner Network certifications. The company also plans to deploy specialised teams of forward-deployed engineers who will work directly with customers on implementing AI technology, particularly in regulated industries where security, compliance and governance requirements can make deployment more complex. “The challenge is not access to AI technologies — it’s integrating AI securely and at scale into complex enterprise environments and workflows,” said Andy Baldwin, Global Senior Vice President at IBM Consulting. The initiative is intended to provide businesses with both the technology and implementation expertise needed to move AI projects from experimentation into production environments. Partnership targets workflows, software and cybersecurity IBM and OpenAI plan to concentrate their collaboration across three primary areas. The first involves transforming legacy business processes into AI-ready workflows, allowing organisations to introduce automation and advanced AI capabilities into existing operations. A second area will focus on application modernisation and accelerating software development, including the use of OpenAI tools such as Codex to support developers and engineering teams. Cybersecurity will form the third pillar. The companies intend to expand their collaboration through the OpenAI Daybreak Cyber Partner Program alongside IBM Autonomous Security, with the aim of strengthening AI-supported security capabilities for enterprise customers. OpenAI and IBM target regulated enterprise deployments The partnership places particular emphasis on moving artificial intelligence into operational use across industries where regulatory and security requirements can create substantial barriers to adoption. Denise Dresser, Chief Revenue Officer at OpenAI, said the two companies are helping organisations deploy AI that is “secure, operational, and aligned with real business priorities.” The combination of IBM’s longstanding relationships with major enterprises and governments and OpenAI’s advanced models could provide the companies with opportunities to expand AI adoption across highly regulated environments. IBM to join OpenAI’s Elite partner tier As part of the agreement, IBM will become a member of OpenAI’s Elite partner tier, strengthening the formal relationship between the two companies. IBM and OpenAI also intend to jointly develop industry-specific AI solutions tailored to the requirements of individual sectors. IBM cautioned that statements concerning the future direction of the collaboration represent goals and objectives rather than firm commitments and could change over time. The partnership represents a significant expansion of IBM’s enterprise AI strategy, combining its consulting and implementation capabilities with OpenAI’s frontier models as businesses increasingly look to move generative AI from experimental projects into large-scale production deployments. IBM stock priceThe post IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration appeared first on US Editors. Original: IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration

IBM Partners with OpenAI to Accelerate Secure AI Deployment for Enterprises Across Core OperationsAugust 13, 2026 6:00 AM
PR Newswire (Canada) Joint go-to-market partnership embeds OpenAI frontier models like GPT-5.6 and other products into IBM Consulting's AI delivery platform and assets to help organizations modernize applications and strengthen security 
 Specialized IBM forward-deployed units trained through the OpenAI Partner Network will help organizations convert legacy workflows into AI-ready operations
 IBM launches a dedicated OpenAI Practice with thousands of consultants and engineers trained on advanced OpenAI Partner Network certifications ARMONK, N.Y., Aug. 13, 2026 /CNW/ -- IBM (NYSE: IBM) today announced a strategic partnership with OpenAI to help enterprises deliver business outcomes by deploying AI at scale across core business operations and complex workflows, while strengthening cyber defense and resilience through programs like OpenAI Daybreak. The partnership includes joint-go-to market initiatives and creating industry-specific solutions for financial services, government, telecommunications, and retail, as well as key enterprise domains such as finance, procurement, customer operations, and HR. The partnership embeds OpenAI frontier models like GPT-5.6 and products like Codex and ChatGPT Work into IBM Consulting Advantage, IBM's AI platform for delivering consulting services to clients, combining AI agents, industry assets, and cybersecurity capabilities to help organizations securely deploy AI at scale, drive business outcomes, and create new commercial models.IBM will bring forward-deployed units of highly specialized engineers and consultants trained through the OpenAI Partner Network to work directly with clients to accelerate AI implementation across complex business workflows and highly regulated environments. IBM will also launch a dedicated OpenAI Practice, with thousands of consultants and engineers obtaining expert-level certifications under the OpenAI Partner Network.Together, IBM and OpenAI aim to help organizations tackle one of the biggest barriers to scaling AI – turning decades of fragmented processes, legacy systems, and operational complexity into AI-driven operations that can be deployed even more safely and securely.The partnership will focus on three key areas: Transforming legacy operations into AI-ready workflows
IBM will embed OpenAI frontier models like GPT-5.6 and products like Codex and ChatGPT Work into IBM Consulting Advantage, to help organizations integrate AI into daily processes with business context and redesign workflows across finance, procurement, customer operations, and HR. The capabilities within IBM Consulting Advantage can analyze operating procedures and workflows to identify inefficiencies and help teams automate and streamline work using AI. 
 Application modernization and product development
The companies plan to help clients modernize legacy applications and accelerate software development by bringing together OpenAI Codex and ChatGPT Work with IBM's industry, technology and domain expertise, including integration with IBM Consulting Advantage. The collaboration is designed to help organizations simplify engineering processes and speed the delivery of new digital products and services.
 Cybersecurity and AI risk management
IBM and OpenAI will expand their collaboration on cybersecurity following IBM's participation in the OpenAI Daybreak Cyber Partner Program by combining OpenAI frontier AI capabilities with IBM Autonomous Security — a multi-agent-powered service designed to deliver coordinated decision-making, response, and intelligence at machine speed. As AI-powered attacks grow more sophisticated, the partnership will help clients manage both cyber and AI model risk, including application-layer vulnerabilities, governance gaps, and operational risks that limits AI adoption. "While enterprises are rapidly investing in AI, they are looking for practical ways to apply it across their core operations to deliver measurable business outcomes and create new commercial models," said Andy Baldwin, Global Senior Vice President, IBM Consulting. "The challenge is not access to AI technologies — it's integrating AI securely and at scale into complex enterprise environments and workflows. By embedding OpenAI's technology with IBM Consulting's AI assets, industry solutions, and cybersecurity capabilities, we can help clients accelerate secure, AI deployments at scale.""The organizations pulling ahead with AI are the ones turning it into a trusted part of how their business operates," said Denise Dresser, Chief Revenue Officer at OpenAI. "IBM Consulting and OpenAI are helping organizations make that shift, combining deep transformation expertise to deploy AI that is secure, operational, and aligned with real business priorities."As part of the collaboration, IBM will join OpenAI's Elite partner tier, reflecting the companies' shared focus on delivering secure, enterprise-ready AI at scale. Statements regarding IBM's and OpenAI's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media ContactElizabeth.Brophy
elizabeth.brophy@ibm.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-partners-with-openai-to-accelerate-secure-ai-deployment-for-enterprises-across-core-operations-302850331.htmlSOURCE IBM Original: IBM Partners with OpenAI to Accelerate Secure AI Deployment for Enterprises Across Core Operations

IBM and Red Hat Offer Lightwell at No Charge to Universities, NGOs and Think TanksAugust 4, 2026 9:00 AM
PR Newswire (Canada) Access to Lightwell will help strengthen the open source software supporting research, education and mission-critical workKey FactsIBM and Red Hat will offer Lightwell at no charge to over 185 leading research universities and 100 major nongovernmental organizations (NGOs) and think tanks in the United States.Lightwell combines AI-driven automation with human engineering expertise to identify, validate and remediate open source software vulnerabilities.Participating institutions can access validated fixes for the software versions they currently run, helping reduce the need for disruptive upgrades.Lightwell operates within an institution's existing environment and does not require access to its proprietary source code, data or research.ARMONK, N.Y. and RALEIGH, N.C., Aug. 4, 2026 /CNW/ -- IBM (NYSE: IBM) and Red Hat today announced a new program providing Lightwell at no charge to over 185 leading research universities and 100 major nongovernmental organizations (NGOs) and think tanks. Eligible institutions can access Lightwell's library of validated fixes for open source software vulnerabilities, helping them secure the software and focus resources supporting research, education, humanitarian programs and other public-interest work. Open source software underpins university research environments, teaching platforms and campus operations, as well as the systems NGOs and think tanks use to conduct policy research and serve communities around the world. Yet many of these institutions lack the resources and specialized engineering capacity required to keep pace as AI accelerates the discovery and potential for exploitation of software vulnerabilities.Through this initiative, eligible institutions will receive access to Lightwell including a growing library of remediated, digitally signed and validated open source dependencies that can be integrated into existing software pipelines. Lightwell is designed to deliver validated fixes for the specific software versions organizations already run, helping them address vulnerabilities without forcing disruptive upgrades or requiring access to their proprietary code, data or research."Lightwell combines automated remediation with deep open source engineering expertise and contributes fixes back upstream," said Matt Hicks, President and Chief Executive Officer, Red Hat. "Expanding access will help strengthen both participating institutions and the open source communities on which they depend."How Lightwell Helps Secure Open Source SoftwareIBM and Red Hat launched Lightwell in May 2026 with a $5 billion commitment and a global force of more than 20,000 engineers to help secure the open source software supply chain. In July, the companies introduced Lightwell and Lightwell Clearinghouse Premier, extending automated vulnerability remediation to the open source packages organizations use in active production. Since its introduction, Lightwell has expanded the scale of validated open source remediation available to participating organizations, from 6,500 to more than 8,000 validated and remediated package versions, including fixes for 64 previously undisclosed vulnerabilities.Lightwell combines a generative AI-powered remediation engine with human engineering expertise to identify, validate and remediate vulnerabilities across critical software dependencies. For participating universities, NGOs and think tanks, the initiative is intended to help:Reduce the time and specialized engineering effort required to address open source vulnerabilities;Apply validated fixes to current and long-lived software versions, reducing the need for disruptive upgrades;Receive digitally signed binaries, source code and compliance artifacts, including Software Bills of Materials (SBOMs); andStrengthen the broader open source ecosystem through Red Hat's upstream-always model, under which fixes are submitted to originating communities for review and acceptance.Lightwell works within an institution's existing environment and does not require IBM or Red Hat to access its proprietary source code, data or research. Participating institutions will receive information and support to help them assess their open source environments and integrate applicable remediated packages into existing workflows.Building on a Growing Global NetworkThe expanded access program builds on Lightwell's work with leading financial institutions, including Bank of America, BNY, Citi, Goldman Sachs, JPMorganChase, Mastercard, Morgan Stanley, Royal Bank of Canada, State Street, Visa and Wells Fargo.A growing technology ecosystem—including Amazon Web Services (AWS), AMD, F5, GitLab, Intel, JFrog, Microsoft, NVIDIA, Palo Alto Networks and ServiceNow—is also collaborating with IBM and Red Hat on Lightwell. Together, these organizations are working to help security fixes move across development tools, cloud environments, deployment pipelines and network controls.IBM and Red Hat will begin onboarding for eligible institutions in August 2026. To learn more about Lightwell, visit ibm.com/products/lightwell and redhat.com/en/lightwell.Frequently Asked QuestionsWhat is Lightwell?
Lightwell is an IBM and Red Hat initiative that combines AI-driven automation with human engineering expertise to identify, validate and remediate vulnerabilities in open source software.Who is eligible for no-charge Lightwell access?
The program is being made available to over 185 leading research universities and 100 major NGOs and think tanks in the U.S.What will participating institutions receive?
Eligible institutions will receive access to Lightwell and its growing library of remediated, digitally signed and certified open source dependencies, along with source code and compliance documentation.Does Lightwell require access to an institution's proprietary code or data?
No. Lightwell works within an institution's existing environment and does not require IBM or Red Hat to access its proprietary source code, data or research.About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.About Red Hat
Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings.Media contact: Michele Brancati
IBM
mbrancati@ibm.com John Terrill
Red Hat
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IBM tanked https://schrts.co/jDGUSEYA

IBM and Qedma Report Quantum Computing Milestone Beyond Classical Supercomputer CapabilitiesJuly 30, 2026 8:51 AM
IH Market News IBM (NYSE:IBM) and Qedma Quantum Computing have announced research that they say demonstrates a quantum computing advantage over leading classical simulation methods, including calculations performed using Fugaku, one of the world’s most powerful supercomputers. The companies said the results represent a significant step forward in applying commercially available quantum hardware and software to solve complex physics problems that are difficult for classical systems to simulate. Study Demonstrates Larger-Scale Quantum Simulations The research used IBM quantum computers powered by the IBM Quantum Heron processor together with Qedma’s QESEM error mitigation software to model a two-dimensional Floquet Ising system. According to the companies, the quantum platform successfully simulated systems containing up to 74 qubits. Classical simulation techniques, evaluated in collaboration with RIKEN and BlueQubit, were unable to consistently reproduce the results at the larger system sizes reached by the quantum experiments. The findings have been published as an arXiv pre-print, while the quantum circuits have been made publicly available through the Quantum Advantage Tracker ahead of formal publication. Independent Validation Supports the Results Researchers first compared the quantum results with classical simulations where direct verification was possible before extending the work to larger and more computationally demanding systems. The study was also independently validated using trapped-ion quantum hardware from Quantinuum, with the researchers reporting consistent results across different quantum computing platforms. “IBM quantum computers have reached a maturity where they can produce solutions that, for the first time, achieve both trust in the solution through extensive testing and outperform the best classical simulation methods,” said Jay Gambetta, Director of IBM Research and IBM Fellow. “For decades, quantum computing has promised discoveries beyond the reach of classical computers. Today, we’re beginning to see that promise become reality,” said Dr. Asif Sinay, CEO and co-founder of Qedma. Commercial Quantum Tools Continue to Advance Qedma’s QESEM error mitigation software is available through the Qiskit Functions Catalog on the IBM Quantum Platform. The companies said the research represents the first demonstration of quantum advantage for this category of physics problem using commercially available quantum hardware and software. IBM added that additional quantum advantage achievements from other partners within its quantum ecosystem were announced on the same day. IBM stock priceThe post IBM and Qedma Report Quantum Computing Milestone Beyond Classical Supercomputer Capabilities appeared first on US Editors. Original: IBM and Qedma Report Quantum Computing Milestone Beyond Classical Supercomputer Capabilities

IBM and The University of Chicago Demonstrate Quantum Advantage, Establishing Trusted Quantum Computation on Logical CircuitsJuly 30, 2026 6:16 AM
PR Newswire (US) Scientists used a new error correction method to encode 70 logical qubits and crack a classically intractable problem. The quantum computation finished in approximately 15 minutes — a task that would demand infeasible amounts of time with leading classical computing methods. YORKTOWN HEIGHTS, N.Y. and CHICAGO, July 30, 2026 /PRNewswire/ -- IBM (NYSE: IBM) and researchers from the University of Chicago today announced a demonstration in quantum computing that achieves the fundamental criteria for quantum advantage: performing computations beyond the reach of leading classical simulation methods while providing trust that the computation returned accurate results. In their new paper, "Sampling hard circuits with verifiably high fidelity," the researchers showed that these two goals could be simultaneously achieved by a novel construction of encoded quantum circuits, enabling one of the largest demonstrations of logical quantum computing to date. These circuits and their results are also now openly released on the Quantum Advantage Tracker.Building Trust into Quantum Results For years, researchers have used a benchmark known as random circuit sampling (RCS) to test whether quantum computers could outperform classical systems. In simple terms, RCS asks a quantum computer to generate patterns so complex that a classical computer cannot efficiently reproduce them. The challenge has been verification: as the problem becomes harder, it becomes increasingly difficult and then infeasible to prove the quantum computer's answer is correct, without making strong assumptions about the inner workings of the quantum computer.In their experiment, researchers from IBM and the University of Chicago have addressed this obstacle with a structured alternative to RCS. The team was able to prove that this alternative retains the same hardness criteria as RCS, but crucially the new structure can be used to detect errors during the computation."Verification remains one of the biggest challenges in firmly establishing experimental quantum advantage," said Bill Fefferman, Associate Professor at the University of Chicago. "This experiment develops techniques to better characterize the fidelity of hard quantum states under noise, increasing confidence that the quantum computer is solving a computationally hard problem."Soumik Ghosh, PhD student in Fefferman's group at the University of Chicago, added, "Beyond strengthening experimental validation, advances in verification have the potential to unlock practical applications for the next generation of quantum computers."In one of the world's largest-known error correction demonstrations, the team executed 70 logical qubits — shielding them from errors to run 2,415 logical two-qubit operations and 468 logical "T gates," both metrics that quantify the complexity of a quantum circuit. Because the circuit was encoded, the logical computation was able to achieve effective logical error rates that were 10 times lower than the physical error rates, enabling the remarkably high circuit fidelity even at the large gate counts."We are now firmly in the quantum advantage era," said Jay Gambetta, Director of IBM Research and IBM Fellow. "We have demonstrated a quantum computation beyond the practical reach of classical computers that establishes, with statistical confidence, a lower bound on how faithfully it was executed. This milestone gives scientists, developers, and businesses a new foundation for trusting quantum computers as they scale to problems far beyond what we can achieve classically."The team showed many leading classical simulation approaches faced prohibitive runtimes — while the IBM quantum computer took approximately 15 minutes to accomplish the task.Error correction, and trust in the computation's output, are essential milestones towards scaling quantum computing — and this work marks a significant step on the path forward.More Demonstrations of Quantum Advantage EmergeToday, alongside this milestone from IBM and the University of Chicago, partners from across IBM's ecosystem are announcing more demonstrations of quantum advantage with trusted computations. To learn more, visit https://www.ibm.com/quantum/blog/quantum-advantage. About the University of ChicagoThe University of Chicago is a leading academic and research institution that has driven new ways of thinking since its founding in 1890. As an intellectual destination, the University draws scholars and students from around the world to its campuses and centers around the globe. The University provides a distinctive educational experience and research environment, empowering individuals to challenge conventional thinking and pursue field-defining research that produces new understanding and breakthroughs with global impact.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media contacts:Brittany Forgione
IBM
Brittany.Forgione@ibm.comErin Angelini
IBM
edlehr@us.ibm.com View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ibm-and-the-university-of-chicago-demonstrate-quantum-advantage-establishing-trusted-quantum-computation-on-logical-circuits-302838909.html Original: IBM and The University of Chicago Demonstrate Quantum Advantage, Establishing Trusted Quantum Computation on Logical Circuits

IBM and The University of Chicago Demonstrate Quantum Advantage, Establishing Trusted Quantum Computation on Logical CircuitsJuly 30, 2026 6:00 AM
PR Newswire (US) Scientists used a new error correction method to encode 70 logical qubits and crack a classically intractable problem. The quantum computation finished in approximately 15 minutes — a task that would demand infeasible amounts of time with leading classical computing methods. YORKTOWN HEIGHTS, N.Y. and CHICAGO, July 30, 2026 /PRNewswire/ -- IBM (NYSE: IBM) and researchers from the University of Chicago today announced a demonstration in quantum computing that achieves the fundamental criteria for quantum advantage: performing computations beyond the reach of leading classical simulation methods while providing trust that the computation returned accurate results. In their new paper, "Sampling hard circuits with verifiably high fidelity," the researchers showed that these two goals could be simultaneously achieved by a novel construction of encoded quantum circuits, enabling one of the largest demonstrations of logical quantum computing to date. These circuits and their results are also now openly released on the Quantum Advantage Tracker.Building Trust into Quantum Results For years, researchers have used a benchmark known as random circuit sampling (RCS) to test whether quantum computers could outperform classical systems. In simple terms, RCS asks a quantum computer to generate patterns so complex that a classical computer cannot efficiently reproduce them. The challenge has been verification: as the problem becomes harder, it becomes increasingly difficult and then infeasible to prove the quantum computer's answer is correct, without making strong assumptions about the inner workings of the quantum computer.In their experiment, researchers from IBM and the University of Chicago have addressed this obstacle with a structured alternative to RCS. The team was able to prove that this alternative retains the same hardness criteria as RCS, but crucially the new structure can be used to detect errors during the computation."Verification remains one of the biggest challenges in firmly establishing experimental quantum advantage," said Bill Fefferman, Associate Professor at the University of Chicago. "This experiment develops techniques to better characterize the fidelity of hard quantum states under noise, increasing confidence that the quantum computer is solving a computationally hard problem."Soumik Ghosh, PhD student in Fefferman's group at the University of Chicago, added, "Beyond strengthening experimental validation, advances in verification have the potential to unlock practical applications for the next generation of quantum computers."In one of the world's largest-known error correction demonstrations, the team executed 70 logical qubits — shielding them from errors to run 2,415 logical two-qubit operations and 468 logical "T gates," both metrics that quantify the complexity of a quantum circuit. Because the circuit was encoded, the logical computation was able to achieve effective logical error rates that were 10 times lower than the physical error rates, enabling the remarkably high circuit fidelity even at the large gate counts."We are now firmly in the quantum advantage era," said Jay Gambetta, Director of IBM Research and IBM Fellow. "We have demonstrated a quantum computation beyond the practical reach of classical computers that establishes, with statistical confidence, a lower bound on how faithfully it was executed. This milestone gives scientists, developers, and businesses a new foundation for trusting quantum computers as they scale to problems far beyond what we can achieve classically."The team showed many leading classical simulation approaches faced prohibitive runtimes — while the IBM quantum computer took approximately 15 minutes to accomplish the task.Error correction, and trust in the computation's output, are essential milestones towards scaling quantum computing — and this work marks a significant step on the path forward.More Demonstrations of Quantum Advantage EmergeToday, alongside this milestone from IBM and the University of Chicago, partners from across IBM's ecosystem are announcing more demonstrations of quantum advantage with trusted computations. To learn more, visit https://www.ibm.com/quantum/blog/quantum-advantage. About the University of ChicagoThe University of Chicago is a leading academic and research institution that has driven new ways of thinking since its founding in 1890. As an intellectual destination, the University draws scholars and students from around the world to its campuses and centers around the globe. The University provides a distinctive educational experience and research environment, empowering individuals to challenge conventional thinking and pursue field-defining research that produces new understanding and breakthroughs with global impact.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media contacts:Brittany Forgione
IBM
Brittany.Forgione@ibm.comErin Angelini
IBM
edlehr@us.ibm.com View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-and-the-university-of-chicago-demonstrate-quantum-advantage-establishing-trusted-quantum-computation-on-logical-circuits-302838890.htmlSOURCE IBM Original: IBM and The University of Chicago Demonstrate Quantum Advantage, Establishing Trusted Quantum Computation on Logical Circuits

IBM and Qedma Demonstrate Quantum Advantage, Modeling Physics Beyond Classical Capabilities Through Trusted Quantum ComputationJuly 30, 2026 6:01 AM
PR Newswire (US) Qedma's quantum error reduction software, running on IBM quantum computers and tested against RIKEN and BlueQubit's supercomputing resources, has accurately resolved the dynamics of quantum materials unseen in classical simulation.YORKTOWN HEIGHTS, N.Y. and TEL AVIV, Israel, July 30, 2026 /PRNewswire/ -- Qedma Quantum Computing, a pioneer in quantum error reduction software and IBM (NYSE: IBM) today announced a breakthrough study demonstrating how trusted, error-mitigated quantum computation is possible, and can be used to explore the physics of materials beyond the capabilities of state-of-the-art classical simulations, including those run on one of the world's most powerful supercomputers. By combining Qedma's advanced error mitigation software, QESEM, with IBM quantum computers, researchers observed complex and long-lived quantum dynamics in systems of up to 74 qubits. This enabled them to reach a paradigm where multiple state-of-the-art classical approaches failed to provide consistent, reliable answers. The results mark the first time quantum advantage has been achieved with commercially available hardware and software to establish error-mitigated, advanced quantum computers as trusted scientific instruments for exploring physics that could lead to better and ultrafast optoelectronics, light-induced superconductors, and other advanced materials applications.Exploring Physics at the Classical FrontierThe collaboration investigated the subtle, oscillatory dynamics of a two-dimensional Floquet Ising model, which is a system that physicists use to study how a material's magnetic properties evolve when rhythmically driven by external pulses. Understanding whether such oscillations persist in larger systems has remained an open challenge because the relevant regimes rapidly overwhelm classical computational methods. Using an IBM quantum computer, which is powered by the IBM Quantum Heron processor and available on the cloud, together with Qedma's Quantum Error Suppression and Error Mitigation (QESEM) software, which is also available on the cloud, the team was able to resolve these dynamics with precision.Beyond Leading Classical MethodsTo evaluate the significance of the quantum results, the team worked with RIKEN, Japan's leading national comprehensive research institute, and BlueQubit, a leading developer of large-scale quantum circuit simulation technology, to compare them against state-of-the-art classical simulation approaches that spanned fundamentally different computational strategies. As the system grew in complexity over time, none of the classical approaches could consistently agree at the scale reached by the quantum experiments, even when run on Fugaku, one of the world's most powerful supercomputers. By contrast, the error-mitigated quantum results remained consistent and revealed clear, long-time oscillatory behavior. To enable continued classical benchmarking from the community, the team publicly released the quantum circuits and results to the Quantum Advantage Tracker, prior to the arXiv pre-print released this week.Building Trust Through ValidationA defining feature of the study is its extensive validation strategy. The team first employed an unbiased error-mitigation protocol against classical calculations wherever such comparisons remained possible, before pushing the protocol to the point where these classical simulations lost accuracy. Then, they benchmarked a more scalable mitigation approach against those trusted results before extending to larger system sizes and longer evolution times. Independent validation was also performed across quantum hardware platforms, including trapped-ion systems from Quantinuum. The consistent behavior observed across technologies provided additional evidence that the measured physics originated from the simulated quantum system, rather than from device-specific or mitigation errors."IBM quantum computers have reached a maturity where they can produce solutions that, for the first time, achieve both trust in the solution through extensive testing and outperform the best classical simulation methods. I look forward to seeing future results benchmarked through the Quantum Advantage Tracker as we deepen our understanding of the boundary between quantum and classical computation," said Jay Gambetta, Director of IBM Research and IBM Fellow. "By combining IBM's quantum computers with Qedma's advanced error reduction technology, we are transforming quantum computing into a practical tool to expand the frontier of knowledge.""For decades, quantum computing has promised discoveries beyond the reach of classical computers. Today, we're beginning to see that promise become reality," said Dr. Asif Sinay, CEO and co-founder of Qedma. "By leveraging Qedma's software to make today's quantum computers significantly more powerful and reliable, we're helping move the quantum computing industry closer to real-world, commercial impact.""Quantum computers are beginning to open new possibilities for scientific discovery within the high-performance computing environment," said Dr. Mitsuhisa Sato, Division Director of the Quantum-HPC Hybrid Platform Division, RIKEN Center for Computational Science. "This work leveraged RIKEN's leadership in advanced classical simulation and supercomputing, alongside Qedma's error mitigation software on IBM quantum computers, to demonstrate the ability of quantum computing to surpass the capabilities of leading classical methods. It is an important step towards a future where quantum and classical computing work together to advance science."Qedma's advanced error reduction software, QESEM, available in the Qiskit Functions Catalog on the IBM Quantum Platform, mitigates the impact of noise present in today's quantum computers. Rather than waiting for large-scale, fully fault-tolerant quantum computers, QESEM's patented approach unlocks the ability to execute larger and more complex quantum workloads while producing more accurate results. The software offers various error mitigation methods, including an unbiased approach which provides guaranteed accuracy in extracting reliable results from noisy quantum hardware. It is currently being used by leading enterprises, academic institutions, and research laboratories around the world.More Announcements of Quantum Advantage Emerge Today, alongside this milestone from IBM and Qedma, partners from across IBM's ecosystem are announcing demonstrations of quantum advantage. To learn more, visit https://www.ibm.com/quantum/blog/quantum-advantage.About Qedma Quantum ComputingQedma is accelerating the path to practical quantum computing by dramatically reducing the impact of hardware errors. Its hardware-agnostic software, QESEM, enables researchers and enterprises to run larger and more complex quantum algorithms while obtaining more accurate and reliable results on today's quantum computers. By overcoming one of the biggest barriers facing the industry, Qedma helps unlock scientific discoveries and enables users to push beyond the limits of current quantum hardware. Qedma was founded by Dr. Asif Sinay together with two prominent scientists: Prof. Dorit Aharonov, who thirty years ago proved that error corrected quantum computation is possible and laid the foundations of quantum fault tolerance, and Prof. Netanel Lindner, a world-renowned theoretical condensed matter physicist known for his work on complex quantum systems. For more information, visit www.qedma.com.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media contacts:Brittany Forgione
IBM
Brittany.Forgione@ibm.com Erin Angelini
IBM
edlehr@us.ibm.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-and-qedma-demonstrate-quantum-advantage-modeling-physics-beyond-classical-capabilities-through-trusted-quantum-computation-302838413.htmlSOURCE IBM Original: IBM and Qedma Demonstrate Quantum Advantage, Modeling Physics Beyond Classical Capabilities Through Trusted Quantum Computation

IBM and Algorithmiq Demonstrate Quantum Advantage, Establishing a Framework for Trusted Quantum Computation Beyond Classical VerificationJuly 30, 2026 6:06 AM
PR Newswire (US) A quantum simulation of heterogeneous matter, designed by Algorithmiq and executed on IBM quantum computers, continues to compete with the world's leading classical simulation methods eight months after its debut on the Quantum Advantage Tracker.The work addresses one of quantum computing's central challenges: how to trust a result when no classical computer can verify it.Algorithmiq is also releasing a new benchmark for quantum advantage claims, making its best classical method for simulating molecular ground states available to the research community.YORKTOWN HEIGHTS, N.Y. and MILAN, July 30, 2026 /PRNewswire/ -- Today, Algorithmiq and IBM (NYSE: IBM) announced a major milestone in the development of quantum computing: a joint demonstration of quantum advantage with the simulation of a heterogeneous quantum material, achieved with a new framework that establishes trust in quantum computations when classical verification is unavailable. Eight months after this problem and results were first released through the launch of the Quantum Advantage Tracker, no classical method has been able to reliably produce results across the full problem regime studied in this work. It demonstrates that quantum computers can provide trusted solutions more efficiently, more cheaply, or more accurately than leading classical compute methods — which has long been considered a key milestone in the field.Studying Information Flow in Heterogenous Quantum MatterReal materials, including catalysts and battery electrolytes, are defined not by perfect crystalline order but by irregular structures, interfaces, and local variations that strongly influence how information, energy, and particles move through the system. To study these effects, a team led by senior scientist Sergey Filippov in Algorithmiq's R&D division, which is headed by co-founder & Chief Scientific Officer Guillermo García-Pérez, developed a model of heterogeneous quantum matter in which information propagates through regions with different local properties. The resulting dynamics were deliberately positioned in a regime that is experimentally accessible on today's quantum hardware but demanding for leading classical simulation techniques.The model, when executed on an IBM Quantum Heron processor, effectively captured a programmable quantum material whose microscopic couplings could be tuned and reconfigured at will, so that researchers can control where information flows, localizes, or interferes, as it would in a real material.Solving Quantum Computing's Trust ProblemQuantum results have traditionally earned trust the same way: by checking them against a classical simulation. To do so, Algorithmiq's software engineering team collaborated with world-leading classical simulation researchers to explore different simulation approaches. The various classical methods produced conflicting predictions among themselves for the same quantities. In the absence of an exact solution, the challenge was not only to outperform classical computation, but also to determine which result could be trusted.To address this challenge, the team developed a new framework for trusted quantum computation in the beyond-classical era, laying down a blueprint for scientific discovery. A central part of this strategy was noise manipulation and building a representative model of the underlying noise in the device. Researchers deliberately changed the noise affecting the quantum circuits, including through controlled noise injection, modified gate calibrations, and execution on multiple IBM Quantum processors. This showed that the quantum results remained stable — providing evidence that the quantum computers were producing consistent solutions. With extensively tested noise models, they also demonstrated a path to stand-alone validation using unbiased error mitigation techniques with quantified uncertainty.Open Sourcing the BenchmarkAlgorithmiq is also today releasing monoprop, which makes its best classical method for simulating molecular ground states available to the wider research community — the same techniques it has used to test and challenge quantum advantage claims, including its own. The package is designed to let any research group, quantum or classical, stress-test future advantage claims rather than take them on faith.Supporting CommentarySabrina Maniscalco, co-founder and CEO, Algorithmiq: "For an exponential technology like quantum computing, a verified, openly contested instance of advantage is the inflection point: proof the curve is real, not projected. Demonstrating quantum advantage is an ongoing process, not a single moment, but we believe these results represent our strongest claim published to date and will come to be seen as a major milestone in the evolution of quantum computing."Matteo Rossi, co-founder and CTO, Algorithmiq: "This collaboration with IBM has realized an idea first proposed by Richard Feynman in 1982. By simulating quantum matter using a digital quantum processor built from the same physics, we're able to give researchers a tunable, physically interesting model open to anyone who wants to try to disprove it classically. It is a demanding test case, and it has withstood open challenge for eight months and counting."Jay Gambetta, Director of IBM Research and IBM Fellow: "Quantum computers have reached the point at which they can show evidence of the fundamental criteria for advantage: they can outperform leading classical methods, and they can simultaneously produce results that we can trust. I look forward to continued benchmarking of these results by the community on the Quantum Advantage Tracker, and progress towards rigorous error bars for quantum methods. This is a pivotal milestone in the future of quantum computers as we look towards scaling well beyond what could ever be possible with classical computers alone — and further explore new realms of physics, materials, life sciences, and much more."More Demonstrations of Quantum Advantage EmergeToday, alongside this milestone from IBM and Algorithmiq, partners from across IBM's ecosystem are announcing more demonstrations of quantum advantage with trusted computations. To learn more, visit https://www.ibm.com/quantum/blog/quantum-advantage.About AlgorithmiqAlgorithmiq programs quantum computers to solve the world's hardest problems. From medicine to materials, from AI to complex industrial challenges, the company develops the software that makes quantum computers useful for enterprises, today. Headquartered in Milan, Italy, with operations in Finland, the UK, and Ireland, Algorithmiq is led by CEO & and co-founder Dr Sabrina Maniscalco, CSO and co-founder Dr Guillermo García-Pérez, CTO and co-founder Dr Matteo Rossi and Lead Researcher and Co-Founder Dr Boris Sokolov. Algorithmiq has raised over $41 million to date, backed by United Ventures, institutional investor CDP and Inventure VC.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information.Media contactsBrittany Forgione
IBM
Brittany.Forgione@ibm.com Erin Angelini
IBM
edlehr@us.ibm.com View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ibm-and-algorithmiq-demonstrate-quantum-advantage-establishing-a-framework-for-trusted-quantum-computation-beyond-classical-verification-302838905.html Original: IBM and Algorithmiq Demonstrate Quantum Advantage, Establishing a Framework for Trusted Quantum Computation Beyond Classical Verification

IBM Report: Canada's Data Breach Costs Hit Record High as Attacks Target Critical InfrastructureJuly 29, 2026 6:00 AM
PR Newswire (Canada) Energy becomes Canada's most expensive cyber target, while AI cuts breach costs by millionsThe average cost of a data breach in Canada reached a record CA$7.11 million.Energy became Canada's costliest cyber target, averaging CA$9.21 million per breach.Supply-chain compromise emerged as the largest breach driver, adding CA$368,000.Using AI extensively reduced breach costs by approximately CA$3.41 million.MARKHAM, ON, July 29, 2026 /CNW/ -- Canadian organizations are paying a record CA$7.11 million on average for a data breach, according to the 2026 IBM Cost of a Data Breach Report– the highest level recorded since the study began. The findings point to a shifting cyber risk landscape in Canada, where larger breaches, longer containment times, and growing threats to critical infrastructure are driving costs higher. Organizations are also contending with larger and longer-lasting breaches, as the average number of compromised records rose 8% year over year to 28,500, while the average breach lifecycle increased 6% to 205 days. Despite these challenges, organizations using AI and security automation extensively experienced significantly lower breach costs and faster response times. Energy Sector Emerges as Canada's Highest-Cost Industry for BreachesEnergy organizations reported the highest average breach costs in Canada at CA$9.21 million per incident, followed by technology organizations at CA$9.02 million and industrial organizations at CA$8.89 million. The findings highlight the growing financial impact cyber incidents can have on critical infrastructure sectors."The shift we're seeing is significant. Attackers are increasingly targeting sectors where disruption creates real operational and economic consequences, while also looking for the weakest link in the supply chain," said Chris Sicard, IBM Canada Security Leader. "When breaches affect energy, industrial and technology organizations, the impact can extend far beyond the organization itself. Every connected supplier, partner, and third-party platform expands the attack surface."Supply-Chain Compromise Becomes Canada's Top Breach Cost DriverThe IBM report also found that supply-chain compromise is now the largest factor increasing breach costs in Canada, adding approximately CA$367,899 in costs on average. Security skills shortages (+$314,500) and challenges prioritizing threats (+$311,300) were the next largest contributors to higher breach costs.As organizations become increasingly interconnected, cyber risk is extending beyond organizational boundaries. Even organizations with mature security programs can be exposed through trusted suppliers, contractors, software vendors or business partners.AI Delivers a CA$3.41 Million Security AdvantageOrganizations that extensively deployed AI in their security operations reported average breach costs of CA$5.5 million, compared with CA$8.91 million among organizations with no deployment – a difference of approximately CA$3.41 million per breach. They also identified and contained breaches significantly faster, helping reduce the overall financial and operational impact of cyber incidents. Breaches were detected in 124 days and contained in 57 days, compared with 154 days and 71 days respectively for organizations without AI deployments in their security operations."The organizations gaining the biggest security advantage are the ones using AI and automation extensively across their operations," said Sicard. "They're finding threats sooner, responding faster and reducing the financial impact of breaches by millions of dollars."The report also found that 28% of Canadian organizations reported an AI-generated attack, underscoring how quickly attackers are adopting AI-powered techniques.Recommendations for Canadian OrganizationsStrengthen identity and access management to reduce the risk of compromised accounts and credential-based attacks.Improve visibility into suppliers, vendors, and third-party partners to reduce exposure from supply-chain compromise.Expand the use of AI and security automation to accelerate threat detection, investigation, and prevention.Reduce breach response timelines by testing incident response plans regularly and prioritizing high-impact threats faster.The 2026 report, conducted by Ponemon Institute and sponsored and analyzed by IBM, is based on breaches experienced by 602 organizations globally between March 2025 and February 2026. The follow-on study was conducted in May 2026, where 456 organizations of the 602 from the CODB research responded. Of these organizations, 78% of organizations were aware of recent reports about highly advanced frontier models such as Mythos.Media Contact:Lorraine Baldwin
IBM Canada Communications
lorraine@ca.ibm.com  SOURCE IBM Original: IBM Report: Canada's Data Breach Costs Hit Record High as Attacks Target Critical Infrastructure

Rapport IBM : Le coût des atteintes de données atteint un niveau record au Canada alors que les cyberattaques visent de plus en plus les infrastructures essentiellesJuly 29, 2026 6:00 AM
PR Newswire (Canada) Le secteur de l'énergie devient la cible cybernétique la plus coûteuse au Canada, tandis que l'IA permet de réduire les coûts des atteintes de plusieurs millions de dollarsLe coût moyen d'une atteinte de données au Canada a atteint un sommet historique de 7,11 M$ CA.Le secteur de l'énergie est devenu la cible cybernétique la plus coûteuse au pays, avec un coût moyen de 9,21 M$ CA par atteinte.La compromission de la chaîne d'approvisionnement est devenue le principal facteur d'augmentation des coûts, ajoutant près de 368 000 $ CA par incident.L'utilisation intensive de l'IA et de l'automatisation en cybersécurité a permis de réduire les coûts des atteintes d'environ 3,41 M$ CA.MARKHAM, ON, le 29 juill. 2026 /CNW/ -- Les organisations canadiennes déboursent désormais en moyenne 7,11 M$ CA par atteinte de données, selon le rapport 2026 d'IBM sur le coût d'une atteinte de données, soit le niveau le plus élevé enregistré depuis le lancement de cette étude. Les résultats mettent en lumière l'évolution du paysage des cyberrisques au Canada, alors que des atteintes plus importantes, des délais de confinement plus longs et des menaces croissantes visant les infrastructures essentielles font grimper les coûts. Les organisations doivent également composer avec des atteintes de plus en plus vastes et persistantes : le nombre moyen de dossiers compromis a augmenté de 8 % d'une année à l'autre pour atteindre 28 500, tandis que le cycle de vie moyen d'une atteinte s'est allongé de 6 % pour atteindre 205 jours. Malgré ces défis, les organisations qui utilisent largement l'IA et l'automatisation en cybersécurité enregistrent des coûts d'atteinte nettement inférieurs ainsi que des délais de réponse plus rapides.Le secteur de l'énergie devient le plus coûteux au Canada en matière d'atteintes de donnéesLes organisations du secteur de l'énergie ont enregistré les coûts moyens d'atteinte les plus élevés au Canada, soit 9,21 M$ CA par incident. Elles sont suivies par les organisations du secteur des technologies (9,02 M$ CA) et du secteur industriel (8,89 M$ CA).Ces résultats illustrent l'impact financier croissant que peuvent avoir les cyberincidents sur les secteurs d'infrastructures essentielles.« Le changement que nous observons est significatif. Les cybercriminels ciblent de plus en plus les secteurs où une interruption peut entraîner des répercussions opérationnelles et économiques importantes, tout en cherchant le maillon le plus faible dans la chaîne d'approvisionnement », explique Chris Sicard, leader de la sécurité chez IBM Canada. « Lorsqu'une atteinte touche une organisation des secteurs de l'énergie, de l'industrie ou de la technologie, les répercussions peuvent largement dépasser les frontières de l'organisation elle-même. Chaque fournisseur, partenaire ou plateforme tierce connectée élargit la surface d'attaque. »La compromission de la chaîne d'approvisionnement devient le principal facteur d'augmentation des coûtsLe rapport IBM révèle également que la compromission de la chaîne d'approvisionnement constitue désormais le principal facteur contribuant à l'augmentation des coûts des atteintes au Canada, ajoutant en moyenne 367 899 $ CA par incident. Les pénuries de compétences en cybersécurité (+314 500 $ CA) et les difficultés à prioriser les menaces (+311 300 $ CA) arrivent aux rangs suivants.À mesure que les organisations deviennent plus interconnectées, les cyberrisques dépassent les frontières organisationnelles traditionnelles. Même les entreprises disposant de programmes de sécurité matures peuvent être exposées par l'entremise de fournisseurs, de sous-traitants, d'éditeurs de logiciels ou de partenaires d'affaires de confiance.L'IA procure un avantage de 3,41 M$ CA en cybersécuritéLes organisations qui ont déployé l'IA de façon intensive dans leurs opérations de sécurité ont enregistré un coût moyen d'atteinte de 5,5 M$ CA, comparativement à 8,91 M$ CA pour celles qui ne l'utilisent pas, soit une différence d'environ 3,41 M$ CA par atteinte.Ces organisations ont également identifié et contenu les atteintes beaucoup plus rapidement, réduisant ainsi les répercussions financières et opérationnelles des incidents. Les atteintes ont été détectées en moyenne en 124 jours et contenues en 57 jours, comparativement à 154 jours et 71 jours, respectivement, pour les organisations n'ayant pas recours à l'IA dans leurs opérations de sécurité.« Les organisations qui tirent le plus grand avantage de l'IA et de l'automatisation sont celles qui les ont intégrées de façon étendue à leurs opérations », ajoute Sicard. « Elles détectent les menaces plus rapidement, réagissent plus efficacement et réduisent l'impact financier des atteintes de plusieurs millions de dollars. »Le rapport révèle également que 28 % des organisations canadiennes ont signalé avoir subi une attaque générée par l'IA, démontrant à quel point les cybercriminels adoptent rapidement les technologies fondées sur l'intelligence artificielle.Recommandations pour les organisations canadiennesRenforcer la gestion des identités et des accès afin de réduire les risques liés aux comptes compromis et aux attaques fondées sur les identifiants.Améliorer la visibilité sur les fournisseurs, vendeurs et partenaires tiers afin de limiter les risques liés aux compromissions de la chaîne d'approvisionnement.Étendre l'utilisation de l'IA et de l'automatisation en cybersécurité pour accélérer la détection, l'investigation et la prévention des menaces.Réduire les délais de réponse aux incidents en testant régulièrement les plans d'intervention et en priorisant plus rapidement les menaces à fort impact.Le rapport 2026 a été réalisé par le Ponemon Institute et commandité, analysé et publié par IBM. Il s'appuie sur l'analyse d'atteintes de données subies par 602 organisations à l'échelle mondiale entre mars 2025 et février 2026. Une étude complémentaire menée en mai 2026 auprès de 456 de ces organisations a également été réalisée. Parmi celles-ci, 78 % ont indiqué être au courant des récents rapports portant sur des modèles d'IA de pointe très avancés, tels que Mythos.Personne-ressource pour les médiasLorraine Baldwin
Communications, IBM Canada
lorraine@ca.ibm.com SOURCE IBM Original: Rapport IBM : Le coût des atteintes de données atteint un niveau record au Canada alors que les cyberattaques visent de plus en plus les infrastructures essentielles

IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on AverageJuly 29, 2026 6:00 AM
PR Newswire (Canada) More than 20% of organizations reported a breach targeting AI models or applicationsARMONK, N.Y., July 29, 2026 /CNW/ -- One in four malicious breaches were AI-enabled – a 56% increase over last year – and these breaches cost an average of $6 million, roughly $1 million more than the global breach average of $4.99 million, according to IBM's 2026 Cost of a Data Breach Report. These attacks, compromised of mostly deepfake impersonation and AI-enabled malware, are reshaping breach economics. Attacks are getting faster and cheaper to launch, while breaches keep getting more expensive to find and fix. Companies that reported using AI and automation in security operations cut breach costs by an average of almost $2 million dollars, yet one in four organizations have still not adopted these tools in their security operations.This growing imbalance—where attacks can be launched for thousands while breaches cost millions—is fundamentally changing the economics of cyber risk.Frontier AI Threats Driving Earlier ActionOrganizations are starting to act on future risk, rather than waiting for an incident. In separate follow-on research conducted by Ponemon Institute, 85% of organizations said they plan to increase security spending after becoming aware of advanced frontier AI cyber capabilities – compared to just 64% that reported in the initial research that they plan to increase security spend after experiencing a breach.But a gap remains where attackers are moving fastest. While more than 50% reported using agents for threat detection and containment, only 18% apply agents to vulnerability management, leaving known exposures to linger even as AI shortens exploit windows. Three quarters of organizations say frontier AI threats are prompting them to rethink how agents are deployed across their security operations."What's changing is the economics of cyberattacks. AI is making attacks faster and cheaper, while breaches keep getting more expensive. When organizations have an extended gap between discovery and remediation, that imbalance shows up directly in breach costs," said Suja Viswesan, VP, IBM Security Software. "The priority now is to eliminate that lag—building remediation into development workflows, securing identity at runtime, and fixing risks at the speed attackers are already moving."Critical Infrastructure Face Higher AI-Driven RiskMost AI-driven attacks reported in the study targeted critical infrastructure sectors (62%), with financial services and energy organizations experiencing the highest concentration, raising the risk of broader systemic disruption. Financial services breaches were reported to cost  on average $6.3 million, while energy breaches cost on average $5.2 million. The concentration of attacks across these sectors increases the potential for cascading impacts across economies, supply chains, and essential services.Other Key Findings:AI's Weakest Link. More than 20% of organizations reported a breach targeting AI models or applications. The most common causes were weaknesses in surrounding systems: compromised APIs, applications, or plug-ins (27%) and cloud misconfigurations affecting AI workloads (27%).Encryption Gaps Persist as Quantum Risk Looms. Core weaknesses in encryption and cryptographic management continue to expose organizations, even as quantum-safe investments grow. Only 37% of breached organizations stated that they encrypt sensitive data both at rest and in transit, and just 34% have visibility into cryptographic assets.Ransomware Actors Weaponize Reputation. Reported ransomware incidents rose compared to the year prior (39% vs. 34%), with attackers increasingly using AI to automate and scale. While operational disruption still plays a role, attackers are shifting toward higher-impact pressure—most commonly exploiting brand reputation (41%), followed by employee data (35%) and intellectual property (31%).The 2026 report, conducted by Ponemon Institute and sponsored and analyzed by IBM, is based on breaches experienced by 602 organizations globally between March 2025 and February 2026. The follow-on study was conducted in May 2026, where 456 organizations of the 602 from the CODB research responded. Of these organizations, 78% or 356 of organizations were aware of recent reports about highly advanced frontier models such as Mythos. Additional ResourcesDownload the full report.Register for the webinar.Schedule a briefing with IBM experts.Understand your AI Cyber Resilience.About IBM
IBM (NYSE: IBM) is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media ContactIBM
Michele Brancati
mbrancati@ibm.com View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-study-one-in-four-malicious-breaches-are-ai-enabled-costing-companies-6-million-on-average-302837049.htmlSOURCE IBM Original: IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average

IBM Investor Reminder: IBM Investors are Reminded of the Ongoing Securities Fraud Investigation to Recover Investment Losses after Stock Drops 25%July 28, 2026 6:36 AM
PR Newswire (US) BFA Law is investigating whether IBM committed securities fraud relating to misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook.NEW YORK, July 28, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into International Business Machines Corporation (NYSE:IBM) for potential securities fraud after its significant stock drop. If you invested in IBM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.Key Details of the IBM ($IBM) Class Action Investigation:Investigation Overview: Securities fraud relating to IBM's misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook Stock Decline: July 14, 2026 – 25% Stock DropAction: Contact BFA Law to discuss your rightsWhy is IBM Being Investigated for Securities Fraud? IBM is being investigated for securities fraud following a significant stock drop. The decline in IBM's stock price caused significant losses to investors.IBM is a global technology and consulting company that focuses on hybrid cloud and artificial intelligence. IBM uses IBM Z to deliver enhanced AI acceleration through multi-model AI capabilities, low unit cost architecture at scale for workloads that require end-to-end encryption, continued availability, and ultra-high throughput.BFA is investigating whether IBM misled investors about its pace securing new business deals and the strength of its IBM Z outlook.Why did IBM's Stock Drop? On July 14, 2026, IBM released its 2026 Q2 financial results. IBM announced a disappointing quarter that it attributed to "a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing." IBM also revealed that it had "faltered," and "did not adapt and move quickly enough" so that "numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall."This news caused the price of IBM stock to decline over $75 in intraday trading on July 14, 2026, or over 25%.Click here for more information: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.What Can You Do?If you invested in IBM, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/ibm-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/ibm-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-investor-reminder-ibm-investors-are-reminded-of-the-ongoing-securities-fraud-investigation-to-recover-investment-losses-after-stock-drops-25-302835959.htmlSOURCE Bleichmar Fonti & Auld LLP Original: IBM Investor Reminder: IBM Investors are Reminded of the Ongoing Securities Fraud Investigation to Recover Investment Losses after Stock Drops 25%

IBM shorts in control
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Wall Street set for lower open as Alphabet and Tesla disappoint while oil prices climb: Dow Jones, S&P, Nasdaq, FuturesJuly 23, 2026 9:21 AM
IH Market News U.S. stock futures pointed lower on Thursday, with investors preparing for a weaker start to trading after disappointing reactions to earnings from Alphabet and Tesla combined with renewed geopolitical tensions pushed market sentiment lower. Rising oil prices and concerns over the growing cost of artificial intelligence investment also added to pressure on equities. Tech earnings weigh on investor sentiment Shares of Alphabet (NASDAQ:GOOGL) fell more than 5% in premarket trading despite the Google parent reporting stronger-than-expected second-quarter results, as investors focused on the company’s higher capital expenditure plans. Tesla (NASDAQ:TSLA) declined more than 7% before the opening bell after posting weaker-than-expected quarterly earnings alongside a sharp increase in AI-related spending. The market response highlighted growing investor concerns about whether accelerating investment in artificial intelligence will deliver sufficient returns to justify current valuations. Oil surge adds another headwind Market sentiment was further weakened by a sharp rise in crude oil prices, with U.S. benchmark futures climbing more than 4% to trade above $90 a barrel. Oil prices rallied after Yemen’s Houthi movement claimed responsibility for attacks on two Saudi oil tankers in the Red Sea, alleging they had violated the group’s maritime blockade. President Donald Trump said on Truth Social that Iran would be held responsible if the attacks continued. Investors assess geopolitical developments The energy market remained supported by escalating tensions between the United States and Iran. According to U.S. Central Command, American forces completed an eleventh consecutive night of strikes targeting Iranian military infrastructure, including operations centres, aircraft hangars, drone facilities and logistics assets designed to reduce threats to shipping through the Strait of Hormuz. Secretary of State Marco Rubio reiterated that Washington remained open to diplomacy but questioned Tehran’s willingness to negotiate. “If they’re serious, we’re serious. If they’re not, then we will do what is necessary to protect our interests and also the interests of our allies,” Rubio said. President Trump also warned that the United States would respond forcefully to any attacks on shipping in the Strait of Hormuz. Wall Street closes lower ahead of earnings Wednesday’s trading session ended modestly lower after investors largely avoided making aggressive positions before major corporate earnings announcements. The Nasdaq lost 146.30 points, or 0.6%, to close at 25,690.90, while the S&P 500 slipped 0.1% to 7,498.96. The Dow Jones Industrial Average edged down by just 6.06 points to finish at 52,218.58. Market participants closely watched quarterly reports from Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA) and IBM (NYSE:IBM), with investors seeking fresh evidence that AI-driven spending continues to support long-term earnings growth. Daniela Hathorn, Senior Market Analyst at Capital.com, said, “The key question is whether earnings can justify both elevated valuations and the scale of AI-related investment.” She added, “Investors will be focused not only on headline revenue and profit, but also on cloud growth, AI monetisation, margins and capital-expenditure guidance.” She continued, “Strong results could allow technology shares to remain resilient despite higher oil, while weaker guidance could expose the market’s dependence on a relatively narrow group of companies.” Software and airlines lead declines Software stocks were among the weakest performers, with the Dow Jones U.S. Software Index falling 2.5%. Airline shares also came under pressure as higher fuel costs weighed on the sector, sending the NYSE Arca Airline Index down 1.8%. Meanwhile, gold mining stocks outperformed as bullion prices strengthened, lifting the NYSE Arca Gold Bugs Index by 3.3%. Computer hardware, utility and natural gas companies also posted gains, helping to cushion broader market losses. Alphabet stock price Tesla stock price IBM stock priceThe post Wall Street set for lower open as Alphabet and Tesla disappoint while oil prices climb: Dow Jones, S&P, Nasdaq, Futures appeared first on US Editors. Original: Wall Street set for lower open as Alphabet and Tesla disappoint while oil prices climb: Dow Jones, S&P, Nasdaq, Futures

IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)July 23, 2026 6:28 AM
IH Market News IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth. Revenue guidance revised lower IBM now expects full-year revenue to increase by between 4% and 5%, compared with its previous forecast of approximately 5%. The revised outlook comes after investors reacted negatively to the company’s preliminary second-quarter results, which triggered a sharp decline in the share price. Infrastructure sales remain under pressure Second-quarter infrastructure revenue fell 7% year over year to $3.8 billion, with sales of data-centre mainframe systems dropping 42%. Despite the slowdown in this business, Chief Executive Arvind Krishna said IBM continues to adapt to changing customer demand. He described the company’s transformation as a “structural shift” and said IBM remains well positioned to help enterprise customers capitalise on the expanding artificial intelligence market. Cash generation remains resilient IBM generated $2.5 billion in free cash flow during the quarter, down $300 million from the same period last year. Free cash flow for the first six months of the year totalled $4.8 billion, broadly unchanged from a year earlier. Adjusted earnings per share reached $2.93, while quarterly revenue increased 1% year over year to $17.2 billion. The company also reiterated its expectation for improved pre-tax income margin expansion during the full year. Management remains focused on execution Chief Financial Officer James Kavanaugh acknowledged the weaker revenue environment but said the company continues to prioritise operational execution. “Although we faced revenue headwinds late in the second quarter, we continued to focus on the fundamentals of our business, including driving productivity, strengthening our portfolio, and generating free cash flow,” Kavanaugh said. IBM shares traded modestly higher in U.S. premarket trading following the earnings release. IBM stock priceThe post IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM) appeared first on US Editors. Original: IBM lowers annual revenue outlook as mainframe weakness weighs on growth (NYSE:IBM)

Alphabet, Tesla and IBM earnings in focus as investors await ECB rate decision: Dow Jones, S&P, Nasdaq, Wall Street FuturesJuly 23, 2026 6:04 AM
IH Market News U.S. stock futures traded lower on Thursday as investors digested quarterly results from Alphabet, Tesla and IBM while awaiting the European Central Bank’s latest interest rate decision. Ongoing tensions in the Middle East and rising oil prices also remained key drivers of market sentiment. Futures decline as geopolitical risks weigh on markets Wall Street futures moved lower ahead of the opening bell. Dow Jones futures fell 0.4%, while S&P 500 and Nasdaq 100 futures also declined by around 0.4%, reflecting cautious investor sentiment following a busy earnings session and renewed concerns over inflation. The previous trading session ended lower after investors reacted to escalating conflict between the United States and Iran, which has raised concerns over potential disruptions to oil shipments through the Strait of Hormuz. Additional threats to shipping in the Red Sea have further increased worries about global energy supplies. Higher crude oil prices have revived fears that inflation could remain elevated, potentially delaying interest rate cuts or prompting central banks to maintain tighter monetary policy. Alphabet increases AI investment despite negative free cash flow Alphabet (NASDAQ:GOOG) announced another increase in planned artificial intelligence investment, raising its annual capital expenditure forecast to approximately $205 billion from a previous estimate of $190 billion. The company reported negative free cash flow of $5.9 billion as higher infrastructure spending accelerated, with second-quarter capital expenditure rising to approximately $45 billion from $36 billion in the previous quarter. Although Alphabet shares declined in after-hours trading, the stock has continued to post solid gains since the start of the year. Market analysts said the latest results highlight a growing investor focus on whether large AI investments can generate sustainable financial returns rather than simply driving future growth. Tesla expands spending while IBM cuts revenue outlook Tesla (NASDAQ:TSLA) also reported negative free cash flow after increasing investment in artificial intelligence and robotics. Second-quarter capital expenditure reached $5.8 billion, resulting in free cash flow of negative $1.1 billion. Chief Executive Elon Musk described 2026 as “a massive capex year,” arguing that the investment should ultimately produce significant long-term returns. Tesla shares fell more than 4% in after-hours trading following the results. IBM (NYSE:IBM) also disappointed investors after lowering its full-year revenue growth forecast to between 4% and 5%, compared with its previous expectation of 5%. The technology company confirmed weaker second-quarter infrastructure revenue, including a sharp decline in sales of data centre mainframe systems. Despite the softer outlook, Chief Executive Arvind Krishna said IBM remains well positioned to benefit from continued enterprise adoption of artificial intelligence. ECB expected to hold rates steady Attention now turns to the European Central Bank, which is widely expected to leave its benchmark interest rate unchanged at 2.25%. Investors will focus on comments from ECB President Christine Lagarde for clues about the future direction of monetary policy, particularly as inflation remains above the central bank’s 2% target following higher energy prices linked to the conflict in the Middle East. The ECB currently forecasts headline inflation to average 3% in 2026 before gradually easing to 2.3% in 2027 and returning to its 2% target in 2028. Alphabet stock price Tesla stock price IBM stock priceThe post Alphabet, Tesla and IBM earnings in focus as investors await ECB rate decision: Dow Jones, S&P, Nasdaq, Wall Street Futures appeared first on US Editors. Original: Alphabet, Tesla and IBM earnings in focus as investors await ECB rate decision: Dow Jones, S&P, Nasdaq, Wall Street Futures

IBM RELEASES SECOND-QUARTER RESULTSJuly 22, 2026 4:08 PM
PR Newswire (US) Company provides updated full-year expectationsARMONK, N.Y., July 22, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced second-quarter 2026 earnings results. "We are confident in IBM's strategy and portfolio, and in our ability to capture growth opportunities ahead. We fundamentally believe that we are in the early innings of a structural shift for business, and that our portfolio - across software, infrastructure, and consulting - is well-positioned to help our clients tap the value, and manage the challenges, of an AI-driven future," said Arvind Krishna, IBM chairman, president and chief executive officer. "In addition, we are taking action to accelerate our revenue growth and profitability, driving productivity across the company with AI and automation, and heavily investing in commercializing innovation at speed and scale. We now expect constant currency revenue growth in the range of four-to-five percent, and we continue to expect free cash flow to increase by about $1 billion year-over-year for the full year."Full-Year 2026 ExpectationsRevenue: The company now expects full-year constant currency revenue growth in the range of four-to-five percent. At current foreign exchange rates, currency is expected to be neutral to growth for the yearFree cash flow: The company continues to expect full-year free cash flow to increase by about $1 billion year-over-yearOperational Focus AreasHigh-Growth Portfolio: Areas of IBM's software business that help clients manage, deploy and build AI-ready solutions, like Red Hat, the watsonx portfolio, HashiCorp, and Confluent continue to deliver strong performance. Within Distributed Infrastructure, Power and Storage grew at a record pace in the second quarter, now having built up an order backlog of nearly $500 million. Together, these offerings closely map to where client demand is strongest. To capture these growth opportunities, IBM is accelerating changes to its go-to-market model by expanding sales coverage across thousands of additional clients where there is significant opportunity. As AI adoption moves from experimentation to enterprise-scale deployment, the company is also investing in more specialized technical and client-facing talent, including Forward Deployed Engineers.Rapid Innovation at Scale: IBM is acting decisively to capture new opportunities as they arise. Lightwell, a new capability to address open source security vulnerabilities, leverages IBM and Red Hat's trust within the open source community, unique approach to AI, and global scale. In the first two weeks of availability, Lightwell has already made more than 7,500 open source patches available to help clients secure vulnerabilities. Additionally, quantum computing continues to be an investment priority for the company. In May, with the U.S. Department of Commerce, IBM announced a letter of intent to build Anderon, the world's first pure-play quantum wafer foundry. IBM will invest more than $10 billion in quantum over the next five years, and remains on track to deliver the first large-scale fault-tolerant quantum computer by 2029.Productivity Enables Investment and Value: IBM is accelerating productivity by scaling software development leveraging AI, increasing the effectiveness of its sales and marketing organization, and optimizing its supply chain. These efforts help enhance margin and free cash flow, and strengthen the company's ability to capture significant growth opportunities. The company now expects improved pre-tax income margin expansion for the full year."Although we faced revenue headwinds late in the second quarter, we continued to focus on the fundamentals of our business, including driving productivity, strengthening our portfolio, and generating free cash flow," said James Kavanaugh, IBM senior vice president and chief financial officer. "In a quarter like this, it is critical that our financial and operational discipline remains strong and that we continue to invest for growth while returning value to shareholders through our dividend."
SECOND-QUARTER 2026 INCOME STATEMENT SUMMARY
Revenue
Gross Profit

Gross Profit Margin

Pre-tax Income
Pre-tax Income Margin
Net Income
Diluted Earnings Per ShareGAAP from Continuing Operations$ 17.2 B

$  9.9  B

57.7%
$  2.5  B

14.4%
$  2.2  B

$   2.27
Year/Year1%
(1)%
(1.0)Pts
(5)%
(0.9)Pts
(1)%
(2)%Operating (Non-GAAP)


$ 10.2 B

59.4%
$  3.3  B

19.2%
$  2.8  B

$   2.93
Year/Year


0%
(0.7)Pts
3%
0.3Pts
5%
5%Segment Results for Second QuarterSoftware — revenues of $7.8 billion, up 5 percent:
- Hybrid Cloud (Red Hat) up 11 percent
- Automation up 4 percent, up 3 percent at constant currency
- Data up 19 percent, up 18 percent at constant currency
- Transaction Processing down 8 percent, down 9 percent at constant currencyConsulting — revenues of $5.3 billion, flat, up 1 percent at constant currency:
- Strategy and Technology flat, up 1 percent at constant currency
- Intelligent Operations flat, up 1 percent at constant currencyInfrastructure — revenues of $3.8 billion, down 7 percent:
- Hybrid Infrastructure down 10 percent
      -- IBM Z down 42 percent
      -- Distributed Infrastructure up 37 percent
- Infrastructure Support down 1 percentFinancing — revenues of $0.2 billion, up 12 percent, up 11 percent at constant currencyCash Flow and Balance SheetIn the second quarter, the company generated net cash from operating activities of $2.6 billion, up $0.9 billion year to year. IBM's free cash flow was $2.5 billion, down $0.3 billion year to year. The company returned $1.6 billion to shareholders in dividends in the second quarter.For the first six months of the year, the company generated net cash from operating activities of $7.8 billion, up $1.7 billion year to year. IBM's free cash flow was $4.8 billion, flat year to year.IBM ended the second quarter with $8.2 billion of cash, restricted cash and marketable securities, down $6.3 billion from year-end 2025. The company invested $10.5 billion in acquisitions this year. Debt, including IBM Financing debt of $13.0 billion, totaled $62.0 billion, up $0.7 billion year to date.Dividend DeclarationThe IBM board of directors approved a regular quarterly cash dividend of $1.69 per common share, to stockholders of record on August 10, 2026. With payment of the September 10, 2026 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.Forward-Looking and Cautionary StatementsExcept for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including, but not limited to, the following: a downturn in economic environment and client spending budgets; a failure of the company's innovation initiatives; damage to the company's reputation; risks from investing in growth opportunities; failure of the company's intellectual property portfolio to prevent competitive offerings and the failure of the company to obtain necessary licenses; the company's ability to successfully manage acquisitions, alliances and divestitures, including integration challenges, failure to achieve objectives, the assumption or retention of liabilities and higher debt levels; fluctuations in financial results; impact of local legal, economic, political, health and other conditions; the company's failure to meet growth and productivity objectives; ineffective internal controls; the company's use of accounting estimates; impairment of the company's goodwill or amortizable intangible assets; the company's ability to attract and retain key employees and its reliance on critical skills; impacts of relationships with critical suppliers; product and service quality issues; the development and use of AI, including the company's increased AI solutions and use of AI technologies; impacts of business with government clients; reliance on third party distribution channels and ecosystems; cybersecurity and data protection considerations; adverse effects related to climate change and other environmental matters; tax matters; legal proceedings and investigatory risks; the company's pension plans; currency fluctuations and customer financing risks; impact of changes in market liquidity conditions and customer credit risk on receivables; risk factors related to IBM securities; and other risks, uncertainties and factors discussed in the company's Form 10-Qs, Form 10-K and in the company's other filings with the U.S. Securities and Exchange Commission or in materials incorporated therein by reference.Any forward-looking statement in this release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.Presentation of Information in this Press ReleaseIn an effort to provide investors with additional information regarding the company's results as determined by generally accepted accounting principles (GAAP), the company has also disclosed in this press release the following non-GAAP information, which management believes provides useful information to investors:adjusting for currency (i.e., at constant currency);presenting operating (non-GAAP) earnings per share amounts and related income statement items;free cash flow;net cash from operating activities excluding IBM Financing receivables;adjusted EBITDA;adjusted EBITDA margin.The rationale for management's use of these non-GAAP measures is included in Exhibit 99.2 in the Form 8-K that includes this press release and is being submitted today to the SEC.Conference Call and WebcastIBM's regular quarterly earnings conference call is scheduled to begin at 5:00 p.m. ET, today. The Webcast may be accessed via a link at https://www.ibm.com/investor/events/earnings-2q26. Presentation charts will be available shortly before the Webcast.Financial Results Below (certain amounts may not add due to use of rounded numbers; percentages presented are calculated from the underlying whole-dollar amounts).Contact:       IBM
                    Tim Davidson, 914-844-7847
                    tfdavids @NetLord-6825
                    erin.mcelwee@ibm.com  INTERNATIONAL BUSINESS MACHINES CORPORATIONCOMPARATIVE FINANCIAL RESULTS(Unaudited; $ in millions except per share amounts)

Three Months Ended
June 30,

Six Months Ended
June 30,

2026

2025

2026

2025
REVENUE BY SEGMENT










Software$        7,761

$        7,387

$       14,813

$       13,722
Consulting5,327

5,314

10,599

10,382
Infrastructure3,835

4,142

7,161

7,027
Financing186

166

406

357
Other52

(31)

100

30
TOTAL REVENUE17,162

16,977

33,079

31,519












GROSS PROFIT9,907

9,977

18,857

18,008












GROSS PROFIT MARGIN










Software82.6%
83.9%
82.7%
83.7%Consulting28.9%
27.5%
28.2%
27.4%Infrastructure58.4%
61.5%
57.7%
57.9%Financing42.5%
45.7%
43.0%
45.8%











TOTAL GROSS PROFIT MARGIN57.7%
58.8%
57.0%
57.1%











EXPENSE AND OTHER INCOME










SG&A4,981

5,027

10,071

9,913
R&D2,311

2,097

4,485

4,047
Intellectual property and custom development income(166)

(215)

(338)

(468)
Other (income) and expense(185)

(39)

(186)

(204)
Interest expense486

510

959

965
TOTAL EXPENSE AND OTHER INCOME7,428

7,380

14,991

14,253












INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES2,479

2,597

3,866

3,755
Pre-tax income margin14.4%
15.3%
11.7%
11.9%Provision for/(benefit from) income taxes 313

404

484

507
Effective tax rate12.6%
15.5%
12.5%
13.5%











INCOME FROM CONTINUING OPERATIONS$        2,166

$        2,193

$         3,382

$         3,248












DISCONTINUED OPERATIONS










Income/(loss)  from discontinued operations, net of taxes(1)

1

(1)

1












NET INCOME$        2,165

$        2,194

$         3,381

$         3,249












EARNINGS PER SHARE OF COMMON STOCK










Assuming dilution










Continuing operations$          2.27

$          2.31

$           3.55

$           3.43
Discontinued operations$          0.00

$          0.00

$           0.00

$           0.00
TOTAL $          2.27

$          2.31

$           3.55

$           3.43












Basic










Continuing operations$          2.30

$          2.36

$           3.60

$           3.49
Discontinued operations$          0.00

$          0.00

$           0.00

$           0.00
TOTAL $          2.30

$          2.36

$           3.60

$           3.50












WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (M's)










Assuming dilution953.3

948.0

952.7

946.7
Basic941.2

930.8

939.9

929.4
 INTERNATIONAL BUSINESS MACHINES CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEET(Unaudited)
($ in millions)
At June 30,
2026
At December 31,
2025ASSETS:



Current assets:



Cash and cash equivalents
$             7,172
$              13,587Restricted cash
45
54Marketable securities
960
830Notes and accounts receivable - trade, net
6,044
8,112Short-term financing receivables



  Held for investment, net
5,782
7,344  Held for sale
874
1,131Other accounts receivable, net
1,348
1,052Inventories
1,746
1,220Deferred costs
1,238
1,084Prepaid expenses and other current assets
3,188
2,530Total current assets
28,398
36,944




Property, plant and equipment, net
5,736
5,899Operating right-of-use assets, net
3,068
3,129Long-term financing receivables, net
7,126
7,708Prepaid pension assets
7,645
7,544Deferred costs
835
825Deferred taxes
8,709
8,610Goodwill
74,599
67,717Intangibles, net
13,955
11,391Investments and sundry assets
2,028
2,112Total assets
$          152,099
$            151,880




LIABILITIES:



Current Liabilities:



Taxes
$              2,023
$                2,347Short-term debt
5,775
6,424Accounts payable
4,395
4,756Compensation and benefits
3,364
4,114Deferred income
16,160
16,101Operating lease liabilities
770
800Other liabilities
3,425
4,116Total current liabilities
35,912
38,658




Long-term debt
56,212
54,836Retirement-related obligations
8,603
9,018Deferred income
4,272
4,271Operating lease liabilities
2,515
2,547Other liabilities
10,044
9,810Total liabilities
117,558
119,139




EQUITY:



IBM stockholders' equity:



Common stock
64,600
63,318Retained earnings
155,937
155,648Treasury stock - at cost
(170,934)
(170,605)Accumulated other comprehensive income/(loss)
(15,151)
(15,713)Total IBM stockholders' equity
34,452
32,648




Noncontrolling interests
89
93Total equity
34,541
32,740




Total liabilities and equity
$          152,099
$            151,880 INTERNATIONAL BUSINESS MACHINES CORPORATIONSTATEMENT OF CASH FLOWS(Unaudited)


Three Months Ended
June 30,
Six Months Ended
June 30,($ in millions)
2026
2025 (1)
2026
2025 (1)Cash flows from operating activities:







Net income
$     2,165
$     2,194
$     3,381
$     3,249Adjustments to reconcile net income to cash provided by operating activities:







Depreciation (2)
533
578
1,088
1,114Amortization of capitalized software and acquired intangible assets
817
687
1,535
1,328Stock-based compensation
498
441
1,004
842Net (gain)/loss on divestitures, asset sales and other
(67)
(18)
(78)
(40)Changes in operating assets and liabilities, net of acquisitions/divestitures
(1,349)
(2,180)
836
(421)Net cash provided by operating activities
2,597
1,701
7,766
6,071








Cash flows from investing activities:







Payments for property, plant and equipment
(229)
(209)
(461)
(454)Proceeds from disposition of property, plant and equipment/other
23
37
31
111Investment in software
(154)
(164)
(313)
(314)Purchases of marketable securities and other investments
(1,259)
(1,255)
(2,871)
(7,740)Proceeds from disposition of marketable securities and other investments
1,152
4,036
3,123
4,962Acquisition of businesses, net of cash acquired
(15)
(747)
(10,480)
(7,845)Divestiture of businesses, net of cash transferred
-
-
1
(1)Net cash provided by/(used in) investing activities
(481)
1,698
(10,970)
(11,281)








Cash flows from financing activities:







Proceeds from new debt
0
7
7,437
8,385Payments to settle debt
(4,213)
(1,308)
(7,141)
(2,565)Short-term borrowings/(repayments) less than 90 days - net
1
0
0
(29)Common stock repurchases for tax withholdings
(116)
(153)
(465)
(437)Proceeds from issuance of shares
240
186
418
401Financing - other
(49)
(22)
(91)
(54)Cash dividends paid
(1,590)
(1,563)
(3,166)
(3,112)Net cash provided by/(used in) financing activities
(5,728)
(2,855)
(3,008)
2,589








Effect of exchange rate changes on cash, cash equivalents and restricted cash
(35)
320
(211)
487Net change in cash, cash equivalents and restricted cash
(3,646)
865
(6,423)
(2,134)








Cash, cash equivalents and restricted cash at the beginning of the period
10,864
11,161
13,640
14,160Cash, cash equivalents and restricted cash at the end of the period
$     7,217
$   12,026
$     7,217
$   12,026_____________________(1) Reclassified to align with the Consolidated Statement of Cash Flows presentation.(2) Includes operating lease right-of-use assets amortization. INTERNATIONAL BUSINESS MACHINES CORPORATIONGAAP NET INCOME TO ADJUSTED EBITDA RECONCILIATION(Unaudited)


Three Months EndedJune 30,
Six Months EndedJune 30,($ in billions)
20262025Yr/Yr
20262025Yr/YrNet income as reported (GAAP)
$   2.2$   2.2$  0.0
$   3.4$   3.2$  0.1Less: income from discontinued operations, net of tax
0.00.00.0
0.00.00.0Income from continuing operations
2.22.20.0
3.43.20.1Provision for/(benefit from) income taxes from continuing ops.
0.30.4(0.1)
0.50.50.0Pre-tax income from continuing operations (GAAP)
2.52.6(0.1)
3.93.80.1Non-operating adjustments (before tax)







Acquisition-related charges (1)
0.70.60.1
1.41.10.2Non-operating retirement-related costs/(income)
0.10.00.1
0.20.00.1








Operating (non-GAAP) pre-tax income from continuing ops.
3.33.20.1
5.44.90.5








Net interest expense
0.40.30.1
0.70.60.1Depreciation/amortization of non-acquired intangible assets
0.70.70.0
1.41.40.0Stock-based compensation
0.50.40.1
1.00.80.2Workforce rebalancing charges
0.00.00.0
0.40.30.0Corporate (gains) and charges (2)
(0.1)0.0(0.1)
(0.1)0.0(0.1)








Adjusted EBITDA
$   4.8$   4.7$  0.1
$   8.8$   8.1$  0.7








Revenue
$ 17.2$ 17.01 %
$ 33.1$ 31.55 %GAAP net income margin
12.6 %12.9 %(0.3)pts
10.2 %10.3 %(0.1)ptsAdjusted EBITDA margin
27.8 %27.6 %0.2pts
26.5 %25.7 %0.8pts___________________(1) Primarily consists of amortization of acquired intangible assets.(2) Primarily consists of unique corporate actions such as gains on divestitures and asset sales. INTERNATIONAL BUSINESS MACHINES CORPORATIONSEGMENT DATA(Unaudited)


Three Months Ended June 30, 2026













($ in millions)
Software

Consulting

Infrastructure

Financing
Revenue
$          7,761

$          5,327

$           3,835

$           186
Segment profit
$          2,502

$             647

$              835

$           108
Segment profit margin
32.2%
12.1%
21.8%
58.0%Change YTY revenue
5.1%
0.2%
(7.4)%
12.2%Change YTY revenue - constant currency
4.6%
1.1%
(7.4)%
11.3%


Three Months Ended June 30, 2025













($ in millions)
 Software

Consulting

Infrastructure

Financing
Revenue
$          7,387

$          5,314

$           4,142

$           166
Segment profit
$          2,296

$             562

$              965

$           179
Segment profit margin
31.1%
10.6%
23.3%
107.9%


Six Months Ended June 30, 2026













(Dollars in Millions)
Software

Consulting

Infrastructure

Financing
Revenue
$        14,813

$        10,599

$           7,161

$           406
Segment Profit
$          4,601

$          1,205

$           1,360

$           226
Segment Profit Margin
31.1%
11.4%
19.0%
55.8%Change YTY Revenue
7.9%
2.1%
1.9%
13.6%Change YTY Revenue - Constant Currency
6.1%
1.0%
0.5%
10.7%


Six Months Ended June 30, 2025













(Dollars in Millions)
 Software

Consulting

Infrastructure

Financing
Revenue
$        13,722

$        10,382

$           7,027

$           357
Segment Profit
$          4,143

$          1,121

$           1,213

$           248
Segment Profit Margin
30.2%
10.8%
17.3%
69.3% INTERNATIONAL BUSINESS MACHINES CORPORATIONU.S. GAAP TO OPERATING (Non-GAAP) RESULTS RECONCILIATION(Unaudited; $ in millions except per share amounts)

Three Months Ended June 30, 2026

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)

Tax Reform Impacts

Operating (Non-GAAP)
Gross profit$  9,907

$                    287

$                    —

$         —

$       10,194
Gross profit margin57.7%
1.7pts
—pts
—pts
59.4%SG&A$  4,981

$                   (421)

$                    —

$         —

$         4,560
Other (income) & expense(185)

1

(96)

—

(280)
Total expense & other (income)7,428

(429)

(96)

—

6,903
Pre-tax income from continuing operations2,479

716

96

—

3,290
Pre-tax income margin from continuing operations14.4%
4.2pts
0.6pts
—pts
19.2%Provision for/(benefit from) income taxes (3)$     313

$                    167

$                   20

$          (2)

$            498
Effective tax rate12.6%
2.3pts
0.2pts
(0.1)pts
15.1%Income from continuing operations$  2,166

$                    548

$                   76

$           2

$         2,792
Income margin from continuing operations12.6%
3.2pts
0.4pts
0.0pts
16.3%Diluted earnings per share: continuing operations$    2.27

$                   0.58

$                0.08

$      0.00

$           2.93


Three Months Ended June 30, 2025

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)

Tax Reform Impacts

Operating (Non-GAAP)
Gross profit$  9,977

$                    225

$                    —

$         —

$       10,202
Gross profit margin58.8%
1.3pts
—pts
—pts
60.1%SG&A$  5,027

$                   (348)

$                    —

$         —

$         4,679
Other (income) & expense(39)

(1)

(25)

—

(65)
Total expense & other (income)7,380

(350)

(25)

—

7,005
Pre-tax income from continuing operations2,597

575

25

—

3,197
Pre-tax income margin from continuing operations15.3%
3.4pts
0.1pts
—pts
18.8%Provision for/(benefit from) income taxes (3)$     404

$                    132

$                     9

$         —

$            545
Effective tax rate15.5%
1.3pts
0.2pts
—pts
17.0%Income from continuing operations$  2,193

$                    443

$                   17

$         —

$         2,652
Income margin from continuing operations12.9%
2.6pts
0.1pts
—pts
15.6%Diluted earnings per share: continuing operations$    2.31

$                   0.47

$                0.02

$         —

$           2.80
____________________(1) Includes amortization of acquired intangible assets and acquisition-related charges such as in-process research and development, transaction      costs, applicable retention, restructuring and related expenses, tax charges related to acquisition integration, and pre-closing charges, such as      financing costs.(2) Includes amortization of prior service costs, interest cost, expected return on plan assets, amortized actuarial gains/losses, the impacts of any plan      curtailments/settlements and pension insolvency costs and other costs.(3) The tax impact on operating (non-GAAP) pre-tax income from continuing operations is calculated under the same accounting principles applied to      the GAAP pre-tax income. INTERNATIONAL BUSINESS MACHINES CORPORATIONU.S. GAAP TO OPERATING (Non-GAAP) RESULTS RECONCILIATION(Unaudited; $ in millions except per share amounts)



Six Months Ended June 30, 2026

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)
Tax Reform Impacts

Operating (Non-GAAP)
Gross Profit$ 18,857

$                  524

$                    —

$         —

$   19,380
Gross Profit Margin57.0%
1.6pts
—pts
—pts
58.6%SG&A$ 10,071

$                (829)

$                    —

$         —

$     9,242
Other (Income) & Expense(186)

1

(192)

—

(378)
Total Expense & Other (Income)14,991

(838)

(192)

—

13,961
Pre-tax Income from Continuing Operations3,866

1,361

192

—

5,419
Pre-tax Income Margin from Continuing Operations11.7%
4.1pts
0.6pts
—pts
16.4%Provision for/(Benefit from) Income Taxes (3)$      484

$                 305

$                   23

$         (6)

$        806
Effective Tax Rate12.5%
2.5pts
0.0pts
(0.1)pts
14.9%Income from Continuing Operations$   3,382

$              1,056

$                 169

$           6

$     4,613
Income Margin from Continuing Operations10.2%
3.2pts
0.5pts
0.0pts
13.9%Diluted Earnings Per Share: Continuing Operations$     3.55

$                1.11

$                0.18

$     0.01

$       4.84


Six Months Ended June 30, 2025

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)

Tax Reform Impacts

Operating (Non-GAAP)
Gross Profit$ 18,008

$                  426

$                    —

$         —

$   18,434
Gross Profit Margin57.1%
1.4pts
—pts
—pts
58.5%SG&A$   9,913

$                (701)

$                    —

$         —

$     9,212
Other (Income) & Expense(204)

(1)

(48)

—

(253)
Total Expense & Other (Income)14,253

(706)

(48)

—

13,499
Pre-tax Income from Continuing Operations3,755

1,132

48

—

4,935
Pre-tax Income Margin from Continuing Operations11.9%
3.6pts
0.2pts
—pts
15.7%Provision for/(Benefit from) Income Taxes (3)$      507

$                 260

$                    (3)

$           2

$        766
Effective Tax Rate13.5%
2.2pts
(0.2)pts
0.0pts
15.5%Income from Continuing Operations$   3,248

$                 872

$                   51

$         (2)

$     4,169
Income Margin from Continuing Operations10.3%
2.8pts
0.2pts
0.0pts
13.2%Diluted Earnings Per Share: Continuing Operations$     3.43

$                0.92

$                0.05

$     0.00

$       4.40
____________________(1) Includes amortization of acquired intangible assets, and acquisition-related charges such as in-process research and development, transaction       costs, applicable retention, restructuring and related expenses, tax charges related to acquisition integration, and pre-closing charges, such as       financing costs.(2) Includes amortization of prior service costs, interest cost, expected return on plan assets, amortized actuarial gains/losses, the impacts of any plan       curtailments/settlements and pension insolvency costs and other costs.(3) The tax impact on operating (non-GAAP) pre-tax income from continuing operations is calculated under the same accounting principles applied to       the GAAP pre-tax income. INTERNATIONAL BUSINESS MACHINES CORPORATIONGAAP OPERATING CASH FLOW TO FREE CASH FLOW RECONCILIATION(Unaudited)


Three Months Ended
June 30,
Six Months Ended
June 30,($ in millions)
2026
2025
2026
2025Net cash provided by operating activities per GAAP
$     2,597
$     1,701
$     7,766
$     6,071








Less: change in IBM Financing receivables
(302)
(1,480)
2,264
606








Net cash from operating activities excl. IBM Financing receivables
2,899
3,182
5,503
5,465








Capital expenditures, net
(359)
(336)
(743)
(657)








Free cash flow
$     2,540
$     2,845
$     4,760
$     4,808 INTERNATIONAL BUSINESS MACHINES CORPORATIONGAAP OPERATING CASH FLOW TO ADJUSTED EBITDA RECONCILIATION(Unaudited)


Three Months Ended
June 30,
Six Months Ended
June 30,($ in billions)
2026
2025
2026
2025Net cash provided by operating activities
$   2.6
$   1.7
$   7.8
$   6.1








Add:







Net interest expense
0.4
0.3
0.7
0.6Provision for/(benefit from) income taxes from continuing operations
0.3
0.4
0.5
0.5








Less change in:







Financing receivables
(0.3)
(1.5)
2.3
0.6Net (gain)/loss on divestitures, assets sales and other (1)
(0.1)
0.0
(0.1)
0.0Other assets and liabilities/other, net (1,2)
(1.1)
(0.7)
(2.0)
(1.5)








Adjusted EBITDA
$   4.8
$   4.7
$   8.8
$   8.1








Revenue
$ 17.2
$ 17.0
$ 33.1
$ 31.5Net cash provided by operating activities margin
15.1 %
10.0 %
23.5 %
19.3 %Adjusted EBITDA margin
27.8 %
27.6 %
26.5 %
25.7 %____________________(1) Reclassified to align with the presentation of similar line items in the Statement of Cash Flows.(2) Mainly consists of Changes in operating assets and liabilities, net of acquisitions/divestitures in the Statement of Cash Flows chart,       workforce rebalancing charges, non-operating impacts, and corporate (gains) and charges, less the change in Financing receivables.  View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-releases-second-quarter-results-302832559.htmlSOURCE IBM Original: IBM RELEASES SECOND-QUARTER RESULTS

Wall Street set for weaker open as oil surge and earnings season dominate sentiment: Dow Jones, S&P, Nasdaq, FuturesJuly 22, 2026 9:18 AM
IH Market News Rising crude prices and geopolitical tensions weigh on investor outlook U.S. stock futures pointed lower on Wednesday, signalling a softer start to trading as investors assessed surging oil prices, escalating tensions between the United States and Iran, and a packed schedule of corporate earnings. Crude oil extended its recent rally after U.S. Central Command confirmed it had completed an 11th consecutive night of strikes against Iranian targets. According to the military, the latest operations focused on command centres, maritime assets, aircraft hangars, drone storage facilities and logistics infrastructure in an effort to reduce Iran’s ability to threaten shipping through the Strait of Hormuz. Meanwhile, Secretary of State Marco Rubio said Washington remained open to a diplomatic resolution but questioned Tehran’s willingness to negotiate. “If they’re serious, we’re serious. If they’re not, then we will do what is necessary to protect our interests and also the interests of our allies,” Rubio said. U.S. crude futures climbed nearly 3%, reaching their highest level in more than a month as markets continued to price in the risk of supply disruptions. Technology earnings take centre stage Despite growing geopolitical uncertainty, investor attention is also turning to earnings from several of the world’s largest technology companies. Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA) and IBM (NYSE:IBM) are all scheduled to release quarterly results after Wednesday’s closing bell. “The key question is whether earnings can justify both elevated valuations and the scale of AI-related investment,” said Daniela Hathorn, Senior Market Analyst at Capital.com. “Investors will be focused not only on headline revenue and profit, but also on cloud growth, AI monetisation, margins and capital-expenditure guidance.” She added, “Strong results could allow technology shares to remain resilient despite higher oil, while weaker guidance could expose the market’s dependence on a relatively narrow group of companies.” Strong earnings fuelled Tuesday’s rally Wall Street ended Tuesday with broad-based gains after investors responded positively to a series of corporate earnings reports. The Nasdaq climbed 329.13 points, or 1.3%, to close at 25,837.21, while the S&P 500 gained 65.92 points, or 0.9%, to finish at 7,509.20. The Dow Jones Industrial Average advanced 385.38 points, or 0.7%, ending the session at 52,224.64. Among individual stocks, 3M (NYSE:MMM) surged 7.3% after reporting stronger-than-expected second-quarter results. General Motors (NYSE:GM) rose 4.9% after posting quarterly earnings above analysts’ expectations, while Novartis (NYSE:NVS) gained 2.9% following better-than-expected second-quarter results. Technology and gold shares outperform Technology stocks led Tuesday’s advance, with the NYSE Arca Computer Hardware Index jumping 5.9%. Semiconductor shares also rallied strongly, pushing the Philadelphia Semiconductor Index up 5.2%. Outside the technology sector, gold mining stocks benefited from higher bullion prices, lifting the NYSE Arca Gold Bugs Index by 5.2%. Brokerage, steel, oil producer and pharmaceutical stocks also posted notable gains, while software companies underperformed the broader market. Alphabet stock price Tesla stock price IBM stock price 3M stock price General Motors stock price Novartis stock priceThe post Wall Street set for weaker open as oil surge and earnings season dominate sentiment: Dow Jones, S&P, Nasdaq, Futures appeared first on US Editors. Original: Wall Street set for weaker open as oil surge and earnings season dominate sentiment: Dow Jones, S&P, Nasdaq, Futures

U.S. stocks set for higher open as strong earnings boost market sentiment: Dow Jones, S&P, Nasdaq, Wall Street FuturesJuly 21, 2026 9:22 AM
IH Market News Earnings optimism supports pre-market gains U.S. stock futures pointed to a firmer open on Tuesday as investors looked to recover from the previous session’s decline, with upbeat corporate earnings encouraging buying across several sectors. Market sentiment improved after a series of better-than-expected quarterly reports, prompting traders to return to stocks following recent weakness. 3M, GM and Novartis lead pre-market movers Among the early gainers, 3M (NYSE:MMM) advanced more than 7% in pre-market trading after reporting second-quarter earnings and revenue ahead of expectations while raising its full-year outlook. General Motors (NYSE:GM) also attracted buying interest after delivering quarterly results that surpassed analyst forecasts and increasing its 2026 financial guidance. Meanwhile, Novartis (NYSE:NVS) traded higher after the Swiss pharmaceutical company reported second-quarter results that exceeded market expectations. Technology stocks also provided support, with Nasdaq 100 futures rising approximately 1.2% ahead of the opening bell. Investors await major technology earnings Trading activity could remain restrained despite the positive start, as investors await a busy week of earnings from several of the market’s largest technology companies. Results from Alphabet (NASDAQ:GOOGL), IBM (NYSE:IBM) and Tesla (NASDAQ:TSLA) are expected later this week and could provide fresh insight into artificial intelligence spending and broader corporate demand. Rising oil prices remain a concern Gains in equity markets were tempered by another sharp increase in crude oil prices. U.S. crude futures climbed about 2% as military exchanges between the United States and Iran continued, adding to concerns that higher energy costs could keep inflation elevated and complicate the interest-rate outlook. Wall Street ended lower on Monday The major U.S. indexes initially rallied on Monday before reversing course as investors reassessed geopolitical risks and interest-rate expectations. The Dow Jones Industrial Average fell 307.16 points, or 0.6%, to 51,839.26. The S&P 500 declined 14.41 points, or 0.2%, to 7,443.28, while the Nasdaq Composite slipped 12.17 points, or 0.1%, to 25,508.07. Housing stocks led Monday’s declines as rising Treasury yields pressured interest-rate-sensitive sectors, while pharmaceutical, biotechnology, transportation and healthcare shares also weakened. Software stocks, however, outperformed the broader market. Separately, the Conference Board reported that its Leading Economic Index declined 0.2% in June after increasing 0.1% in May, slightly weaker than economists had expected. 3M stock price General Motors stock price Novartis stock price Alphabet stock price IBM stock price Tesla stock priceThe post U.S. stocks set for higher open as strong earnings boost market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures appeared first on US Editors. Original: U.S. stocks set for higher open as strong earnings boost market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures

IBM Investigation Notice: IBM Product Slowdown and 25% Stock Drop Trigger Securities Fraud InvestigationJuly 21, 2026 6:17 AM
PR Newswire (US) BFA Law is investigating whether IBM committed securities fraud relating to misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook.  NEW YORK, July 21, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into International Business Machines Corporation (NYSE:IBM) for potential securities fraud after its significant stock drop.   If you invested in IBM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.Key Details of the IBM ($IBM) Class Action Investigation:Investigation Overview: Securities fraud relating to IBM's misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook Stock Decline: July 14, 2026 – 25% Stock DropAction: Contact BFA Law to discuss your rightsWhy is IBM Being Investigated for Securities Fraud? IBM is being investigated for securities fraud following a significant stock drop. The decline in IBM's stock price caused significant losses to investors.IBM is a global technology and consulting company that focuses on hybrid cloud and artificial intelligence. IBM uses IBM Z to deliver enhanced AI acceleration through multi-model AI capabilities, low unit cost architecture at scale for workloads that require end-to-end encryption, continued availability, and ultra-high throughput.BFA is investigating whether IBM misled investors about its pace securing new business deals and the strength of its IBM Z outlook.Why did IBM's Stock Drop? On July 14, 2026, IBM released its 2026 Q2 financial results. IBM announced a disappointing quarter that it attributed to "a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing." IBM also revealed that it had "faltered," and "did not adapt and move quickly enough" so that "numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall."This news caused the price of IBM stock to decline over $75 in intraday trading on July 14, 2026, or over 25%.Click here for more information: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.What Can You Do?If you invested in IBM, you may have legal options and are encouraged to submit your information to the firm.All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.Submit your information by visiting:https://www.bfalaw.com/cases/ibm-class-action-lawsuitWhy Bleichmar Fonti & Auld LLP?BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space."  One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.For more information about BFA and its attorneys, please visit https://www.bfalaw.com.https://www.bfalaw.com/cases/ibm-class-action-lawsuitAttorney advertising. Past results do not guarantee future outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-investigation-notice-ibm-product-slowdown-and-25-stock-drop-trigger-securities-fraud-investigation-302830348.htmlSOURCE Bleichmar Fonti & Auld LLP Original: IBM Investigation Notice: IBM Product Slowdown and 25% Stock Drop Trigger Securities Fraud Investigation

Wall Street futures rise as oil eases and investors prepare for tech earnings: Dow Jones, S&P, NasdaqJuly 20, 2026 9:19 AM
IH Market News Wall Street futures point to a stronger open U.S. stock futures traded higher on Monday, indicating Wall Street could begin the new week with gains after two consecutive sessions of sharp declines. Investors appear to be taking advantage of lower share prices following last week’s sell-off, with technology stocks leading the expected rebound. Nasdaq 100 futures advanced 0.9%, suggesting renewed buying interest in the sector after recent weakness. Oil retreat supports market sentiment A pullback in oil prices also helped improve risk appetite. Although Brent crude briefly climbed above $90 per barrel earlier in the day, prices later eased after comments from Iran’s Foreign Ministry suggested diplomatic talks could still be possible. Foreign Ministry spokesperson Esmail Baghaei said Tehran could pursue negotiations based on national interests, following the ninth consecutive night of U.S. strikes against Iran. “Oil prices have pulled back from their overnight highs on reports that Iran has received new proposals for negotiations, raising hopes that diplomatic channels remain open despite the recent escalation in hostilities,” said Daniela Hathorn, Senior Market Analyst at Capital.com. She added, “While the conflict remains far from resolved, the prospect of renewed talks has eased immediate concerns over further disruptions to oil supply and shipping through the Strait of Hormuz.” Technology shares led Friday’s market decline Wall Street ended sharply lower on Friday, extending losses from the previous session as technology stocks remained under pressure. The Nasdaq fell 361.70 points, or 1.4%, to 25,520.24. The S&P 500 declined 76.08 points, or 1.0%, to 7,457.69, while the Dow Jones Industrial Average dropped 406.55 points, or 0.8%, to 52,146.42. For the week, the Nasdaq lost 2.9%, the S&P 500 fell 1.6% and the Dow slipped 0.9%. Netflix (NASDAQ:NFLX) was among the biggest drags on the market, tumbling 7.3% after reporting second-quarter results that largely matched expectations but issuing weaker-than-expected guidance for the third quarter. Investors also remained cautious ahead of earnings reports from Alphabet (NASDAQ:GOOGL), IBM Corp. (NYSE:IBM), Tesla (NASDAQ:TSLA) and Intel (NASDAQ:INTC), while elevated valuations across AI and semiconductor stocks continued to weigh on sentiment. “With sentiment brittle, investors are becoming increasingly wary of valuations in the AI and technology sector – most notably in the memory chip space where share prices have surged to unprecedented levels this year. AJ Bell investment director Russ Mould. Airlines and chipmakers came under pressure Selling broadened across the market as oil prices surged on Friday following renewed tensions in the Middle East after further U.S. strikes against Iran and retaliatory action by Tehran linked to the Strait of Hormuz. Airline stocks were among the weakest performers, with the NYSE Arca Airline Index falling 3.5% as higher fuel costs weighed on the sector. Brokerage firms also declined, pushing the NYSE Arca Broker/Dealer Index down 2.3%. Within technology, semiconductor companies remained under pressure, sending the Philadelphia Semiconductor Index 1.6% lower to its weakest close in almost two months. Housing, software and retail shares also posted notable declines, while oil producers and computer hardware companies outperformed. Netflix stock price Alphabet stock price IBM stock price Tesla stock price Intel stock price The post Wall Street futures rise as oil eases and investors prepare for tech earnings: Dow Jones, S&P, Nasdaq appeared first on US Editors. Original: Wall Street futures rise as oil eases and investors prepare for tech earnings: Dow Jones, S&P, Nasdaq

They Just Built An Impossible Chip



Daily Chart
https://schrts.co/HiQpjkMI

$IBM: Did anyone load up the $205s this am

I dunnoooooooooooooo........... feels like its bottomed out after that Earnings Report this week.


GO $IBM

IBM SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving International Business MachinesJuly 15, 2026 2:13 PM
PR Newswire (US) The investigation focuses on IBM statements about the potential of IBM Z's 2026 cycle with the z17 program.NEW YORK, July 15, 2026 /PRNewswire/ -- July 14, 2026, International Business Machines Corporation (NYSE: IBM) shares fell more than 24% after IBM released preliminary second-quarter results and reduced its near-term revenue and earnings outlook. Investors who lost money in IBM shares are encouraged to act while the investigation is active. Shareholders who suffered losses may submit their IBM loss information now. SueWallSt notifies investors of a pending investigation into potential securities law violations connected to IBM's public statements regarding the launch of z17 and the overall Z performance. On July 14, 2026, CEO Arvind Krishna indicated that the z17 launch was 'the strongest start to a mainframe program in our history," yet IBM experienced a "shortfall in our Z performance," which was blamed, in part, on clients increasing "capex spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure."Previously, during IBM's first quarter fiscal 2026 earnings call on April 22, 2026, BM's Chief Financial Officer, James J. Kavanaugh had praised the resilience of IBM Z, noting clients were investing "to modernize mission-critical workloads, driven by requirements for resiliency, security and compliance, while enabling new AI capabilities on the platform." He further claimed management was "confident this will be our strongest Z cycle given the AI innovation value we are delivering to clients."If IBM losses affected your portfolio, send your shareholder details to SueWallSt or call (888) SueWallSt.WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.Frequently Asked Questions About the IBM InvestigationQ: Who is eligible to participate in the IBM investigation? A: Investors who purchased IBM stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase timing and documented losses -- not on whether the shares are still held.Q: Which statements are being investigated as potentially misleading? A: The investigation focuses on IBM statements made on January 28, 2026 about the Confluent acquisition, including expected 2026 dilution of about $600 million and expected accretion to adjusted EBITDA within the first full year after close.Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any later sale dates and prices.Q: What if I already sold my IBM shares -- can I still recover losses? A: Yes. Eligibility is based on when shares were purchased and whether losses were suffered. Investors who bought IBM and sold at a loss may still participate in the investigation.Q: What if my IBM losses are small -- is it still worth being evaluated? A: Yes. There is no minimum loss amount required to participate in the investigation.Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors do not appear in court.Q: What does it cost me to participate? A: There is no upfront cost to participate. Securities investigations and any resulting actions are generally handled on a contingency basis, with no upfront fees, no retainer, and no out-of-pocket costs.CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.33 Whitehall Street, 27th FloorNew York, NY 10004jlevi @Icons1Attorney Advertising. Prior results do not guarantee similar outcomes. View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-shareholder-investigation-suewallst-notifies-investors-of-potential-securities-claims-involving-international-business-machines-302826688.htmlSOURCE SueWallSt.com Original: IBM SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving International Business Machines

Good price point to enter 

"Is IBM a "buy" for dividends after this [huge] drop?" In stock selection I mainly consider long term earnings, earnings strength and especially audit equality. I usually shun ultra high yield stocks because there are many gimmicky ways to juice numbers for the short term. I emphasize that as the dad of a consulting CPA and long term successful investor. Generally, "Buy Quality and Hold." Chasing dividends rarely works.

Is IBM a "buy" for dividends after this drop ?

U.S. futures point higher as softer inflation boosts sentiment: Dow Jones, S&P, Nasdaq, Wall StreetJuly 15, 2026 9:18 AM
IH Market News U.S. stock index futures traded higher on Wednesday, indicating Wall Street could extend the previous session’s gains after fresh inflation data strengthened expectations that the Federal Reserve may be able to keep interest rates on hold. Producer price data adds to inflation optimism Investor sentiment improved after the U.S. Labor Department reported that producer prices fell by 0.3 percent in June, a larger decline than economists had expected. The previous month’s increase was also revised lower to 0.6 percent from an earlier estimate of 1.1 percent. On an annual basis, producer price inflation slowed to 5.5 percent from a revised 6.0 percent in May, coming in below forecasts of 6.2 percent. The figures followed Tuesday’s softer-than-expected consumer inflation report, reinforcing expectations that price pressures in the U.S. economy may continue to ease. Oil prices remain a source of uncertainty Despite the encouraging inflation data, gains in equity futures were tempered by rising crude oil prices as geopolitical tensions in the Middle East continued to escalate. During an interview with Fox News, President Donald Trump warned that the United States could target Iran’s power plants and bridges next week “unless they get to the table and negotiate.” Higher energy prices continue to raise concerns that inflation could remain elevated despite recent improvements in broader price data. Wall Street closed higher on Tuesday Stocks rebounded after Monday’s weakness, led by technology shares. The Nasdaq Composite advanced 233.83 points, or 0.9 percent, to close at 26,107.01. The S&P 500 gained 28.25 points, or 0.4 percent, to finish at 7,543.59, while the Dow Jones Industrial Average added 9.63 points to close at 52,508.27. Cooling consumer inflation supports markets Tuesday’s rally followed the release of June consumer inflation data, which showed the Consumer Price Index declined by 0.4 percent, exceeding expectations for a modest 0.1 percent decline. Annual inflation slowed to 3.5 percent from 4.2 percent, while core inflation, excluding food and energy, was unchanged during the month. The annual core inflation rate eased to 2.6 percent from 2.9 percent, outperforming expectations of 2.8 percent. Nationwide Chief Economist Kathy Bostjancic said: “Today’s better than expected core reading gives the Fed breathing room in deciding whether and when to raise interest rates.” However, she cautioned: “That all said, the renewed escalation of conflict in the Middle East and announced reimposition of a U.S. blockage has prompted a sharp reversal in oil and gasoline prices that introduces upside risk to our forecast.” IBM weighs on the Dow while chip stocks rebound One of the biggest drags on the Dow Jones was IBM (NYSE:IBM), whose shares plunged more than 25 percent after the company released preliminary second-quarter results that disappointed investors. Elsewhere, semiconductor and hardware stocks recovered strongly after Monday’s sell-off. The NYSE Arca Computer Hardware Index gained 2.7 percent, while the Philadelphia Semiconductor Index rose 2.5 percent. Steel, gold and networking shares also posted solid gains, whereas pharmaceutical, healthcare and airline stocks underperformed. IBM stock price The post U.S. futures point higher as softer inflation boosts sentiment: Dow Jones, S&P, Nasdaq, Wall Street appeared first on US Editors. Original: U.S. futures point higher as softer inflation boosts sentiment: Dow Jones, S&P, Nasdaq, Wall Street

IBM Launches New Power Systems and Software Built for Enterprises to Address Risk, Productivity, and FlexibilityJuly 15, 2026 6:00 AM
PR Newswire (Canada) New IBM Power Autonomous Operations software identifies and resolves capacity constraints up to 15x1 faster than manually performing the operationIBM Bob™ Premium Package for i helps accelerate application development on IBM iEntry-level Power S1112 server helps enterprises innovate at every scaleARMONK, N.Y., July 15, 2026 /CNW/ -- IBM (NYSE: IBM) today announced IBM Power Autonomous Operations, an AI agent that can help continuously monitor Power systems and autonomously resolve issues to keep operations running smoothly. It complements the recently launched IBM Bob™ Premium Package for i, which brings agentic-driven software designed to accelerate application development on IBM i. These capabilities can accelerate building modern applications so enterprises can innovate at the pace required by their business. Additionally, the entry-level Power S1112 server provides a new compact, efficient option powerful enough to run AI inference locally. IBM Power has long been IBM's platform for mission-critical enterprise workloads. As AI becomes part of that critical infrastructure, Power is built to support it.  IBM introduced Power11 last year as autonomous IT for the AI era, built for availability, resiliency, and scale across on-premises and IBM Cloud environments. IBM Power Virtual Server is a fully managed cloud service on which enterprises can run AIX, IBM i and Linux workloads while offloading much of the routine management for system operations. Now, IBM is embedding autonomous IT across the Power platform, from code to runtime, with new capabilities and systems.According to the IBM IBV 2026 Tech Leader Study: Building the IT foundation for agentic AI at scale, by 2027, enterprises expect to deploy an average of 1,661 AI agents—a 38% increase. At that rate, tech leaders are tasked with managing hundreds of thousands of autonomous decisions daily. And manual governance can't keep up with that math.2 Additionally, according to the IBM Institute for Business Value, Enterprise 2030 study, AI is changing what companies do and how they do it.3 Closing that gap in scale requires an IT foundation that can run and optimize itself while teams focus on innovation.These newly announced capabilities utilize AI agents to build automation directly into IBM Power across operations, security, and application development so clients can innovate with AI while prioritizing control and resilience. Power Autonomous Operations automates running and optimizing systems, with an embedded agent that lets teams manage Power through simple chat-style prompts. IBM Bob Premium Package for i makes IBM i development accessible to a broad range of engineers, expanding who can build and modernize their applications on the platform."Enterprises should not need to choose between moving at the speed of AI and keeping their systems stable and secure," said Hillery Hunter, General Manager for IBM Power and CTO, IBM Infrastructure. "We're making Power increasingly self-operating, so the routine work of helping to keep systems available, optimized, and secured can happen autonomously, and our clients' teams can spend their time on innovation instead of upkeep. That's how a business scales AI with control and resilience."IBM Power S1112: Extending the Capabilities of Power ServersAs enterprises push AI workloads beyond the data center, the IBM Power S1112 is a new one-socket Power11 system built for compact on-prem deployment. The S1112 runs AI workloads locally using Power11 on-chip Matrix Math Acceleration (MMA) for faster inferencing. Power S1112 offers 2x better core performance versus Power S9144 and 3x better core performance versus Power S8145  — with up to 69% greater energy efficiency than the S9146.To provide clients with the right level of support for this new system, IBM Technology Lifecycle Services is introducing IBM Power Expert Care Premium Essentials, a new incident-focused support tier available exclusively for the Power S1112. Premium Essentials delivers priority access to IBM experts, accelerated response, and intelligent support automation.IBM Power Autonomous Operations: Managing Infrastructure Through ConversationIBM Power Autonomous Operations resolves capacity constraint issues up to 15x faster than manual intervention7. Today's enterprise systems can seem to demand constant attention, but manual operations management can make it difficult to manage. IBM Power Autonomous Operations redefines this model by automating and optimizing day-to-day operations across the IBM Power environment. An embedded AI agent that enables natural, conversational interaction can help teams to manage, tune, and streamline their environments without relying on deep domain expertise for every task. The result is a resilient, self-optimizing infrastructure architected to reduce operational burden while accelerating performance and uptime.IBM Bob Premium Package for i: Making IBM i Development Accessible to More Engineers IBM i is a fully integrated operating system that remains a vital part of the core business of many companies across major industries, yet modernizing IBM i applications has historically required specialized skills for RPG applications. To help address this challenge, IBM Bob is an AI-powered development assistant that offers an agentic SDLC experience for enterprise developers.IBM Bob Premium Package for i is engineered to provide built-in support for IBM i conventions and patterns across the full development lifecycle, to help engineers make changes faster, onboard sooner, and evolve applications while prioritizing team capacity along the way. From understanding complex code to moving modernization and AI projects forward, IBM Bob can expand the pool of developers who improve the IBM i applications that organizations depend on every day. Early adopters are already seeing results: Heartland Co-Op estimates 60% faster time for new-to-platform developers to understand complex applications.8Client MomentumClients and partners are already running IBM Power on premises and in the cloud, drawn by its performance, resilience, and hybrid flexibility:"For a business like ours, reliability and simplicity matter because our customers depend on us every day. IBM Power and IBM i have consistently delivered the stability and security we need to support our operations with confidence. And that continues with the introduction of IBM Bob and the IBM Power S1112. What excites me most about the new Power S1112 is the ability to do more with less through increased capacity, energy efficiency, and the growing focus IBM has on automation, making systems easier to manage for small and midsized businesses. We are also excited about how IBM Bob for IBM i can help our team accelerate modernization by quickly interpreting older RPG code, tracing field logic, generating documentation, and making decades of system knowledge easier to understand and act on. Together, IBM Power, IBM i, and IBM Bob give us a forward-looking foundation to modernize with confidence while continuing to deliver the reliability our business depends on." Jasmine Kaczmarek, vice president of technology, M.R. Williams."What I noticed about IBM Bob almost immediately was the level of detail provided as compared to other AIs. I like using AI to build and execute plans for specific projects. Given the exact same prompt, Bob's planning was always 10-fold more detailed than other AIs. More specifics, more details, and provided a better understanding of the steps through the project from beginning to end." Bob Richardson, ERP Support Analyst, Wynne Systems, Inc."The new IBM Power S1112 provides us with the flexibility to expand beyond traditional workloads and explore new AI opportunities by running Linux partitions alongside our IBM i environment," said Andy Buchholtz, Owner, Innovative Software Solutions. "Combining that flexibility with the security, reliability, and resilience we trust from the IBM Power platform gives us confidence as we continue to innovate and modernize our business.""We're no longer reacting to weather. We're prepared for it," said Chad Simpson, CIO, City Home. "Our infrastructure is built to keep the business running, no matter what. We've honed our process to perform role swaps every quarter, and this capability gives us great confidence in our business continuity posture. It's a powerful thing, and it's all thanks to IBM Cloud and Power Virtual Server."AvailabilityIBM Power S1112 is expected to be generally available on July 24, 2026, IBM Power Autonomous Operations is expected to be generally available on September 23, 2026, and IBM Bob Premium Package for i was made generally available on June 24, 2026. To learn more, visit ibm.com/power.Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.Additional SourcesPower S1112 and autonomous IT capabilities blogIBM Power S1112 product page IBM Institute for Business Value Enterprise 2030 study Media contact:
Sarah Fraser
IBM Infrastructure Communications
sarah.fraser@ibm.com1 Disclaimer 1: The performance and capacity management efficiency claim is based on IBM internal testing conducted in a controlled, representative IBM Power infrastructure environment consisting of eleven IBM Power systems. Capacity thresholds and alerting policies were preconfigured prior to test execution. Under this configuration, the manual operational process entailed—navigating to the performance dashboard for each system, exporting performance data to CSV/XLS format, reviewing and analyzing the data to identify required capacity adjustments, and implementing the changes—required on average 52.59 minutes to detect and resolve capacity-related conditions across the eleven systems. In a comparable scenario, IBM Power Autonomous Operations, which includes alert ingestion and AI-based, agent-driven diagnostic analysis producing recommended and remedial actions with human-in-the-loop approval to remediate, completed the same process in on average 3.33 minutes.
2 https://www.ibm.com/thought-leadership/institute-business-value/en-us/c-suite-study/cxo
3 https://www.ibm.com/thought-leadership/institute-business-value/en-us/report/enterprise-2030
4 Based on published CPW results comparing Power S1112/4 core to IBM Power S914/4 core. Valid as of 7/14/2026 and available at: https://www.ibm.com/downloads/documents/us-en/10c31775c5d40fed
5 Based on published CPW results comparing Power S1112/4 core to IBM Power S814/4 core. Valid as of 7/14/2026 and available at: https://www.ibm.com/downloads/documents/us-en/10c31775c5d40fed
6 Based on system capability of Power S1112/10c performance 291,300E CPW (extrapolated from 116,500 CPW for 4-cores) @ 540E Watts (539 Performance/Watt) compared to Power S914/8cperformance of 122,500 CPW @ 383 Watts (319 Performance/Watt); 539 / 319 = 1.69 more Performance/Watt
7 Disclaimer 1: The performance and capacity management efficiency claim is based on IBM internal testing conducted in a controlled, representative IBM Power infrastructure environment consisting of eleven IBM Power systems. Capacity thresholds and alerting policies were preconfigured prior to test execution. Under this configuration, the manual operational process entailed—navigating to the performance dashboard for each system, exporting performance data to CSV/XLS format, reviewing and analyzing the data to identify required capacity adjustments, and implementing the changes—required on average 52.59 minutes to detect and resolve capacity-related conditions across the eleven systems. In a comparable scenario, IBM Power Autonomous Operations, which includes alert ingestion and AI-based, agent-driven diagnostic analysis producing recommended and remedial actions with human-in-the-loop approval to remediate, completed the same process in on average 3.33 minutes.
8 Heartland Co-op Modernizes Grain Operations with IBM i and IBM Bob View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-launches-new-power-systems-and-software-built-for-enterprises-to-address-risk-productivity-and-flexibility-302825942.htmlSOURCE IBM Original: IBM Launches New Power Systems and Software Built for Enterprises to Address Risk, Productivity, and Flexibility

IBM Breaking Stock Drop: IBM Stock Plummets over 25% after Shortfall Announced Triggering Securities Fraud Investigation by BFA LawJuly 14, 2026 4:07 PM
Business Wire BFA Law is investigating whether IBM committed securities fraud relating to misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook. Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into International Business Machines Corporation (NYSE:IBM) for potential securities fraud after its significant stock drop. If you invested in IBM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ibm-class-action-lawsuit. Key Details of the IBM ($IBM) Class Action Investigation: Investigation Overview: Securities fraud relating to IBM’s misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook Stock Decline: July 14, 2026 – 25% Stock Drop Action: Contact BFA Law to discuss your rights Why is IBM Being Investigated for Securities Fraud? IBM is being investigated for securities fraud following a significant stock drop. The decline in IBM’s stock price caused significant losses to investors. IBM is a global technology and consulting company that focuses on hybrid cloud and artificial intelligence. IBM uses IBM Z to deliver enhanced AI acceleration through multi-model AI capabilities, low unit cost architecture at scale for workloads that require end-to-end encryption, continued availability, and ultra-high throughput. BFA is investigating whether IBM misled investors about its pace securing new business deals and the strength of its IBM Z outlook. Why did IBM’s Stock Drop? On July 14, 2026, IBM released its 2026 Q2 financial results. IBM announced a disappointing quarter that it attributed to “a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing.” IBM also revealed that it had “faltered,” and “did not adapt and move quickly enough” so that “numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall.” This news caused the price of IBM stock to decline over $75 in intraday trading on July 14, 2026, or over 25%. Click here for more information: https://www.bfalaw.com/cases/ibm-class-action-lawsuit. What Can You Do? If you invested in IBM, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/ibm-class-action-lawsuit Or contact: Adam McCall
adam@bfalaw.com
212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/ibm-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. View source version on businesswire.com: https://www.businesswire.com/news/home/20260714157680/en/ Adam McCall
adam@bfalaw.com
212.789.3619 Original: IBM Breaking Stock Drop: IBM Stock Plummets over 25% after Shortfall Announced Triggering Securities Fraud Investigation by BFA Law

IBM Preliminary Q2 Results Miss Expectations as Infrastructure Revenue Declines (IBM)July 14, 2026 9:33 AM
IH Market News IBM (NYSE:IBM) released preliminary financial results for the second quarter of 2026, reporting revenue of $17.2 billion, up 1% from a year earlier but below the company’s expectations as weaker performance in its Infrastructure and Software divisions weighed on results. The company said lower-than-anticipated mainframe sales and delayed customer spending contributed to the softer quarter. Infrastructure Business Weighed Down by Mainframe Weakness Infrastructure revenue declined 7% during the quarter, reflecting lower sales of IBM’s Z mainframe systems and the related software portfolio, particularly within its Transaction Processing business. Chairman and Chief Executive Officer Arvind Krishna said part of the shortfall resulted from customers redirecting capital expenditure toward servers, storage and memory ahead of anticipated supply shortages and price increases late in June. He also noted that several large customer contracts were not completed within the expected timeframe, delaying revenue recognition. Software Growth Continues Despite Miss IBM’s Software division recorded 5% revenue growth during the quarter, while Consulting revenue was unchanged on a reported basis and increased 1% when adjusted for constant currency. Although Software continued to expand, the overall performance fell short of internal expectations because of weaker infrastructure-related software demand. Earnings and Cash Flow On a GAAP basis, diluted earnings per share were $2.27, down 2% from the prior year. Operating earnings, excluding certain items, reached $2.93 per share, representing a 5% increase year over year. Gross profit margin under GAAP declined by 100 basis points to 57.7%, while free cash flow for the year to date totalled $4.8 billion. Red Hat and AI Business Remain Bright Spots Several areas of the business continued to deliver solid growth. Revenue at Red Hat increased 11%, while Distributed Infrastructure revenue rose 37%. IBM also reported continued growth in consulting contract signings linked to generative artificial intelligence projects. The company’s z17 mainframe programme remained strong, performing at approximately 130% of its predecessor on a cumulative basis. IBM Expands Security and Quantum Investments Alongside its preliminary earnings release, IBM announced Lightwell, a $5 billion initiative supported by more than 20,000 engineers to help organisations address vulnerabilities in open-source software. The platform became generally available on 8 July, with early adopters including Bank of America, Goldman Sachs, JPMorgan Chase and Visa. IBM also revealed a letter of intent with the U.S. Department of Commerce to develop a new quantum wafer foundry named Anderon. The project will receive $1 billion in incentives under the CHIPS Act, alongside a matching $1 billion investment from IBM. Separately, the company said it plans to invest more than $10 billion in quantum computing over the next five years. Final Results Due Later This Month IBM cautioned that its final second-quarter financial results may differ slightly from the preliminary figures released on Tuesday. The company is scheduled to discuss its full results during its earnings conference call on 22 July 2026. IBM stock priceThe post IBM Preliminary Q2 Results Miss Expectations as Infrastructure Revenue Declines (IBM) appeared first on US Editors. Original: IBM Preliminary Q2 Results Miss Expectations as Infrastructure Revenue Declines (IBM)

Softer U.S. Inflation Data Points to Stronger Wall Street Open: Dow Jones, S&P, Nasdaq, FuturesJuly 14, 2026 9:16 AM
IH Market News U.S. stock index futures moved higher on Tuesday, signalling a positive start to trading after the previous session’s broad-based sell-off, as investors welcomed inflation figures that came in weaker than expected. The latest Consumer Price Index (CPI) report eased concerns over persistent inflation and reduced fears that the Federal Reserve may need to tighten monetary policy further. Inflation Slows More Than Forecast According to the U.S. Labor Department, consumer prices fell 0.4% in June after rising 0.5% in May. Economists had expected a more modest decline of 0.1%. On an annual basis, headline inflation slowed to 3.5% from 4.2%, comfortably below the consensus forecast of 3.8%. Core CPI, which excludes food and energy prices, was unchanged during June following a 0.2% increase in May. Analysts had expected another monthly increase of 0.2%. Annual core inflation also eased to 2.6% from 2.9%, outperforming expectations for a reading of 2.8%. Rate Cut Hopes Lift Market Sentiment The softer inflation data is expected to ease pressure on policymakers and reduce expectations that interest rates will need to remain elevated for longer. Technology stocks were among the biggest beneficiaries, with Nasdaq 100 futures advancing around 1.2% as investors looked to recover some of Monday’s losses. IBM Weighs on Dow Futures Despite the broader improvement in sentiment, IBM (NYSE:IBM) remained a notable drag after the company released preliminary second-quarter results that disappointed investors. Shares of the technology giant plunged more than 22% in premarket trading, limiting gains for Dow Jones futures. Wall Street Ended Monday Under Pressure U.S. equities closed sharply lower on Monday, reversing gains from the previous two sessions. The Nasdaq dropped 408.43 points, or 1.6%, to finish at 25,873.18, while the S&P 500 declined 60.05 points, or 0.8%, to 7,515.34. The Dow Jones Industrial Average slipped 138.37 points, or 0.3%, ending the session at 52,498.64. Oil Surge and Geopolitical Risks Hit Markets Investor sentiment weakened on Monday after crude oil prices surged nearly 9% amid escalating military tensions between the United States and Iran. The U.S. Central Command confirmed a fresh round of strikes targeting multiple locations in Iran, while Tehran responded with attacks on Bahrain, Kuwait, Qatar, Jordan and Oman, increasing concerns over regional stability. President Donald Trump also announced the reinstatement of a U.S. blockade of Iranian ports and said the United States would charge a 20% fee on cargo travelling through the Strait of Hormuz as the “Guardian of the Hormuz Strait.” Semiconductor Stocks Lead Monday’s Decline Technology shares were also pressured by a sharp sell-off in SK Hynix (USOTC:HXSCL), whose U.S.-listed shares fell more than 9% after a strong debut last week. The weakness pushed the Philadelphia Semiconductor Index down 4.8%, while the NYSE Arca Computer Hardware Index lost 3.3%. Airline, gold and networking stocks also declined, while energy companies outperformed as higher oil prices boosted the sector. IBM stock price SK Hynix stock priceThe post Softer U.S. Inflation Data Points to Stronger Wall Street Open: Dow Jones, S&P, Nasdaq, Futures appeared first on US Editors. Original: Softer U.S. Inflation Data Points to Stronger Wall Street Open: Dow Jones, S&P, Nasdaq, Futures

Arvind Krishna's Letter to IBM InvestorsJuly 14, 2026 7:01 AM
PR Newswire (US) ARMONK, N.Y., July 14, 2026 /PRNewswire/ -- IBM Investors –This morning we are releasing selected preliminary second-quarter 2026 financial results. We are still working to close our financial reporting for the quarter and our final results could be slightly different.For the second quarter: Revenue:Revenue of $17.2 billion, up 1 percentSoftware revenue up 5 percentConsulting revenue flat, up 1 percent at constant currencyInfrastructure revenue down 7 percentProfit:Gross Profit Margin: GAAP: 57.7 percent, down 100 basis points; Operating (Non-GAAP): 59.4 percent, down 70 basis pointsPre-Tax Income Margin: GAAP: 14.4 percent, down 90 basis points; Operating (Non-GAAP): 19.2 percent, up 30 basis pointsCash Flow:Year to date, net cash from operating activities of $7.8 billion; free cash flow of $4.8 billionEPS:Diluted Earnings Per Share: GAAP: $2.27, down 2 percent; Operating (Non-GAAP): $2.93, up 5 percentI want to spend some time explaining what we experienced in the quarter that led to the Software and Infrastructure performance shortfall you see above.When we discussed our expectations with you in April, we noted that we would be wrapping on the launch of z17 in the second quarter. Given this was the strongest start to a mainframe program in our history, we expected Infrastructure revenue to decline low-single digits for the year, beginning this quarter. What played out was worse than our expectations, driven by a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing. In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure ahead of expected price increases. This dynamic impacted client buying patterns. While we anticipated some supply chain related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization. In addition, clients were distracted with rapidly-evolving, industry-wide cybersecurity concerns in the quarter.These conditions require our teams to execute perfectly, and this quarter we faltered. We did not adapt and move quickly enough, and numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall.These are not excuses, but they are realities. Our job is to help our clients through uncertainty, to find paths forward to grow their businesses no matter what is happening in the external environment.While our second-quarter results are disappointing, our performance in many areas showed strength, reinforcing the conviction we have in our portfolio and strategy.Within Software, Red Hat revenue growth accelerated sequentially to 11 percentRecent acquisitions including both HashiCorp and Confluent delivered strong performanceWith clients prioritizing infrastructure investments, Distributed Infrastructure had its best performance in reported history, up 37 percent with strong growth in Power and Storage, and a backlog of approximately $500 million exiting the quarterDespite challenges this quarter, z17 remains at nearly 130 percent program-to-program, well ahead of z16 which was our strongest program on record, with clients representing 85% of installed MIPs maintaining or growing capacityContinued growth in Consulting signings led by strong GenAI contributionProductivity initiatives contributed to continued operating (non-GAAP) PTI Margin expansion in the quarterImportantly, we continue to innovate at speed and scale. After the introduction of Mythos, our teams across IBM and Red Hat quickly mobilized to take advantage of an unprecedented opportunity, launching Lightwell. Lightwell is a $5 billion commitment backed by new frontier AI capabilities and a global force of more than 20,000 engineers creating a trusted enterprise clearinghouse to address open source software vulnerabilities. Early adopters include organizations like Bank of America, BNY, Citi, Goldman Sachs, JPMorganChase, Mastercard, Morgan Stanley, Royal Bank of Canada, State Street, Visa, Wells Fargo and more. General availability of Lightwell was announced on July 8.Finally, quantum computing is no longer decades away, it is upon us, and we are investing aggressively. Recently, with the U.S. Department of Commerce, we announced a letter of intent to build Anderon, the world's first pure-play quantum wafer foundry supported by $1 billion in CHIPS incentives provided by the DoC and a $1 billion cash contribution by IBM. Shortly after that, we disclosed plans to invest more than $10 billion in quantum over the next five years, spanning R&D, capex, manufacturing scaling, M&A and ecosystem expansion. We remain on track to deliver the first large-scale fault-tolerant quantum computer by 2029.While performance in the quarter was below our expectations, we have conviction in the strength of our portfolio and the strategic transformation of our business. To remedy challenges this quarter, we are undertaking new initiatives and accelerating others, all to improve our results going forward. We will hold our regularly scheduled conference call with you all on July 22, 2026, at 5PM ET to go into deeper detail and discuss our full-year expectations.Arvind Krishna
Chairman, President and Chief Executive Officer, IBM
(NYSE: IBM)Forward-Looking and Cautionary StatementsExcept for the historical information and discussions contained herein, statements contained in this letter may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including, but not limited to, the following: a downturn in economic environment and client spending budgets; a failure of the company's innovation initiatives; damage to the company's reputation; risks from investing in growth opportunities; failure of the company's intellectual property portfolio to prevent competitive offerings and the failure of the company to obtain necessary licenses; the company's ability to successfully manage acquisitions, alliances and divestitures, including integration challenges, failure to achieve objectives, the assumption or retention of liabilities and higher debt levels; fluctuations in financial results; impact of local legal, economic, political, health and other conditions; the company's failure to meet growth and productivity objectives; ineffective internal controls; the company's use of accounting estimates; impairment of the company's goodwill or amortizable intangible assets; the company's ability to attract and retain key employees and its reliance on critical skills; impacts of relationships with critical suppliers; product and service quality issues; the development and use of AI, including the company's increased  AI solutions and use of AI technologies; impacts of business with government clients; reliance on third party distribution channels and ecosystems; cybersecurity and data protection considerations; adverse effects related to climate change and other environmental matters; tax matters; legal proceedings and investigatory risks; the company's pension plans; currency fluctuations and customer financing risks; impact of changes in market liquidity conditions and customer credit risk on receivables; risk factors related to IBM securities; and other risks, uncertainties and factors discussed in the company's Form 10-Qs, Form 10-K and in the company's other filings with the U.S. Securities and Exchange Commission or in materials incorporated therein by reference.Any forward-looking statement in this letter speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.Presentation of Information in this LetterIn an effort to provide investors with additional information regarding the company's results as determined by generally accepted accounting principles (GAAP), the company has also disclosed in this letter the following non-GAAP information, which management believes provides useful information to investors:adjusting for currency (i.e., at constant currency);presenting operating (non-GAAP) earnings per share amounts and related income statement items;free cash flow;net cash from operating activities excluding IBM Financing receivables.The rationale for management's use of these non-GAAP measures is included in Exhibit 99.2 in the Form 8-K that includes this letter and is being submitted today to the SEC.Conference Call and WebcastIBM's regular quarterly earnings conference call is scheduled for Wednesday, July 22, 2026 at 5:00 p.m. ET. The Webcast may be accessed via a link at https://www.ibm.com/investor/events/earnings-2q26. Presentation charts will be available shortly before the Webcast.Selected Financial Information Below (certain amounts may not add due to use of rounded numbers; percentages presented are calculated from the underlying whole-dollar amounts).Contact:IBM
Sarah Meron, 347-891-1770
sarah.meron @joshua-7847
tfdavids@us.ibm.com  INTERNATIONAL BUSINESS MACHINES CORPORATION
U.S. GAAP TO OPERATING (Non-GAAP) RESULTS RECONCILIATION
(Unaudited; $ in millions except per share amounts)

Three Months Ended June 30, 2026

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)

Operating (Non-GAAP)
Gross profit$         9,907

$              287

$                —

$        10,194
Gross profit margin57.7%
1.7pts
—pts
59.4%Pre-tax income from continuing operations2,479

716

96

3,290
Pre-tax income margin from continuing operations14.4%
4.2pts
0.6pts
19.2%Diluted earnings per share: continuing operations$           2.27

$             0.58

$             0.08

$           2.93




Three Months Ended June 30, 2025

Continuing Operations

GAAP

Acquisition-Related Adjustments (1)

Retirement-Related Adjustments (2)

Operating (Non-GAAP)
Gross profit$         9,977

$              225

$                —

$        10,202
Gross profit margin58.8%
1.3pts
—pts
60.1%Pre-tax income from continuing operations2,597

575

25

3,197
Pre-tax income margin from continuing operations15.3%
3.4pts
0.1pts
18.8%Diluted earnings per share: continuing operations$           2.31

$             0.47

$             0.02

$           2.80







(1)Includes amortization of acquired intangible assets and acquisition-related charges such as in-process research and development, transaction costs, applicable retention, restructuring and related expenses, tax charges related to acquisition integration, and pre-closing charges, such as financing costs.(2)Includes amortization of prior service costs, interest cost, expected return on plan assets, amortized actuarial gains/losses, the impacts of any plan curtailments/settlements and pension insolvency costs and other costs. INTERNATIONAL BUSINESS MACHINES CORPORATION
GAAP OPERATING CASH FLOW TO FREE CASH FLOW RECONCILIATION
(Unaudited)
($ in millions)
Six Months Ended
June 30, 2026
Net cash provided by operating activities per GAAP
$                7,766




Less: change in IBM Financing receivables
2,264




Net cash from operating activities excl. IBM Financing receivables
5,503




Capital expenditures, net
(743)




Free cash flow
$                4,760
  View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/arvind-krishnas-letter-to-ibm-investors-302824957.html Original: Arvind Krishna's Letter to IBM Investors

IBM Shares Fall After HSBC Downgrades Stock Ahead of Quarterly Results (IBM)July 14, 2026 7:08 AM
IH Market News International Business Machines (NYSE:IBM) came under pressure in premarket trading on Tuesday, with shares falling 3.1% after HSBC downgraded the stock from Hold to Reduce and set a price target of $191, significantly below the previous closing price of $290.23. The downgrade is among the most bearish views currently held by analysts covering IBM and comes just days before the company is scheduled to report second-quarter 2026 earnings on 22 July. HSBC Issues One of Wall Street’s Most Bearish Calls HSBC’s latest recommendation adds a second sell-equivalent rating to IBM’s analyst coverage, which otherwise consists of 15 buy ratings and seven hold ratings. The sharply lower price target unsettled investors, particularly as the stock had recently retreated after a strong rally. Technical Indicators and Insider Selling Add Pressure The downgrade arrives against a backdrop of increased insider selling activity, with recent transactions showing more shares being sold than purchased by company insiders. At the same time, technical indicators had suggested IBM shares were trading in overbought territory, leaving the stock vulnerable to negative news. The combination of stretched technical conditions and a bearish analyst call amplified selling pressure in premarket trading. AI Monetisation and Enterprise Spending Remain Key Themes The broader technology and IT services sector continues to face questions over cautious enterprise spending and the pace at which companies can convert artificial intelligence investments into sustainable consulting revenue. HSBC’s downgrade reflects these concerns, highlighting the challenges that continue to influence investor sentiment across the sector. Earnings Report Now Takes Centre Stage Despite the latest weakness in the share price, IBM’s upcoming second-quarter earnings release remains the next major catalyst for investors. The results are expected to provide fresh insight into demand trends, AI-related growth opportunities and the company’s ability to execute its long-term strategy. Until then, the combination of HSBC’s bearish outlook, elevated insider selling and previously overbought technical conditions is likely to keep sentiment towards IBM under pressure. IBM stock priceThe post IBM Shares Fall After HSBC Downgrades Stock Ahead of Quarterly Results (IBM) appeared first on US Editors. Original: IBM Shares Fall After HSBC Downgrades Stock Ahead of Quarterly Results (IBM)

Starbucks Develops AI Software to Reduce Reliance on Microsoft and IBM, Report Says (SBUX)July 9, 2026 10:14 AM
IH Market News Starbucks Expands Internal AI Development Starbucks Corp. (NASDAQ:SBUX) is reportedly developing artificial intelligence-powered software that could replace several enterprise applications currently supplied by Microsoft Corp. (NASDAQ:MSFT) and International Business Machines Corp. (NYSE:IBM), according to a Bloomberg report citing an internal company presentation. Among the projects under development are replacements for Microsoft’s inventory management software and IBM’s maintenance management platform. According to the report, some of the internally built applications could be ready for deployment by the end of next year, subject to successful testing. Cost-Cutting Strategy Drives Technology Shift The initiative forms part of Starbucks’ broader effort to streamline operations and reduce expenses. Chief Technology Officer Anand Varadarajan previously told employees that the company spends roughly $400 million each year on software and sees significant opportunities to lower those costs. “There’s clear opportunities to reduce the spend in software,” Varadarajan said. Internal documents reviewed by Bloomberg indicate Starbucks is evaluating “every contract and service” across its technology operations as it works toward a wider target of cutting $2 billion in costs. Artificial Intelligence Plays Central Role Artificial intelligence-assisted software development has reportedly been instrumental in building the new platform designed to replace IBM’s maintenance management system. The company has also encouraged employees within its technology division to make greater use of AI tools, with AI adoption reportedly becoming one of the factors considered in employee bonus evaluations. Bloomberg also reported that Starbucks has spent several years developing its own point-of-sale platform to replace Oracle Simphony. Budget Savings and Workforce Changes The company’s enterprise technology division is expected to reduce its annual budget by approximately $30 million during the fiscal year ending in late September. That includes an estimated $10 million reduction in software spending, along with roughly $13 million in savings through lower reliance on external contractors and professional services firms. Starbucks is also expanding its technology footprint by establishing offices in Nashville and India, while continuing to maintain its headquarters in Seattle. Since February of last year, the company has eliminated around 2,300 positions, including a significant number of technology-related roles. Starbucks stock price Microsoft stock price IBM stock priceThe post Starbucks Develops AI Software to Reduce Reliance on Microsoft and IBM, Report Says (SBUX) appeared first on US Editors. Original: Starbucks Develops AI Software to Reduce Reliance on Microsoft and IBM, Report Says (SBUX)

IBM Expands Bob AI Platform With Multi-Agent Features and Cost Management Tools (IBM)July 9, 2026 6:47 AM
IH Market News IBM Enhances Bob With New AI Development Capabilities IBM (NYSE:IBM) has introduced a series of upgrades to its IBM Bob agentic software development platform, adding multi-agent functionality, integrated AI cost monitoring and new enterprise modernization workflows designed to simplify software development and legacy system transformation. Among the latest additions is Bobalytics, a feature that enables organisations to monitor AI usage, track resource consumption and maintain greater visibility over AI-related costs. The platform now also supports parallel, model-native tool calling, allowing AI models to invoke and execute multiple tools simultaneously. IBM has further introduced subagents that perform complex tasks in isolated environments, helping reduce context window requirements and associated computing costs. New Packages Target Legacy System Modernisation IBM also unveiled three premium solution packages aimed at helping enterprises modernise legacy applications. The IBM Z package focuses on COBOL and PL/I modernisation while providing JCL analysis for mainframe environments. The IBM i package introduces remote file system integration alongside IBM i-specific development tools. Meanwhile, the Java Modernization package offers AI-assisted workflows for migrating applications to Java 25, large-scale code refactoring and dependency analysis. Early Customers Highlight Productivity Gains Financial technology provider Jack Henry said its development teams have already used IBM Bob to accelerate RPG programming projects. “Our developers are able to accelerate RPG development workflows, improve code quality, and gain deeper insights into decades of accumulated system knowledge while gaining efficiency in enhancement efforts,” said Kevin Sligar, Chief Technical Architect at Jack Henry. Cloud consulting firm Blue Pearl also highlighted significant productivity improvements, saying a legacy modernisation project initially expected to take nine months with a team of 14 engineers was completed in just three days using IBM Bob. “The most powerful outcome wasn’t the speed – it was the combination of operational efficiency, cost optimization, and real-world results we could trust and build on,” said Saireshan Govender, Group CEO of Blue Pearl. IBM Positions Bob as an Enterprise AI Development Platform Neel Sundaresan, GM of Automation and AI at IBM, described IBM Bob as “an end-to-end agentic development partner that works inside any system development teams already use, with the governance, security, and cost controls enterprises require.” IBM also cited a 2026 GitLab report showing that 85% of surveyed DevSecOps professionals believe artificial intelligence has shifted the primary software development bottleneck from writing code to reviewing and validating AI-generated output. The latest version of IBM Bob is now available for download. The post IBM Expands Bob AI Platform With Multi-Agent Features and Cost Management Tools (IBM) appeared first on US Editors. Original: IBM Expands Bob AI Platform With Multi-Agent Features and Cost Management Tools (IBM)

IBM Advances Enterprise AI Software Development with Multi-Agent Capabilities and Specialized Modernization WorkflowsJuly 9, 2026 6:00 AM
PR Newswire (US) Latest IBM Bob Updates Help Enterprises Deliver Production-Ready Software FastIBM Bob is Built to Optimize the Cost of AI-Driven Development Beyond the ModelIBM Bob Now Offers Pre-Built, Customizable Enterprise Workflows for IBM Z, IBM i, Plus Java ModernizationARMONK, N.Y., July 9, 2026 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced major updates to IBM Bob, its agentic software development platform, including new multi-agent capabilities, built-in AI cost and use analytics, and pre-built, specialized workflows for modernizing enterprise systems. Now that organizations are using AI to write massive amounts of code, their software development challenges have moved to other parts of the process with 85% of DevSecOps professionals surveyed agreeing that AI has shifted the bottleneck from writing code to reviewing and validating it.1 IBM Bob is architected to bring AI capabilities wherever software engineering work happens. Rather than limiting AI to a single development interface for isolated tasks, Bob provides a unified foundation for teams to coordinate across the software development lifecycle.For example, engineers at Jack Henry, a leading financial services and banking technology provider, were facing challenges maintaining and evolving a large RPG codebase as its application portfolio expanded in size and complexity. "Using IBM Bob," explained Kevin Sligar, Chief Technical Architect at Jack Henry. "Our developers are able to accelerate RPG development workflows, improve code quality, and gain deeper insights into decades of accumulated system knowledge while gaining efficiency in enhancement efforts."Many enterprise engineers are manually choosing models, trying to balancing cost versus performance, and still ending up with inconsistent outcomes and unpredictable spend. Bob can now optimize across the execution system, not just model selection. Bob matches models to tasks, coordinates AI execution across agents, and provides organizations with visibility into productivity, quality, performance, and cost through the newly launched Bobalytics, to help enterprises optimize AI at scale."Bob is the platform enterprise customers have been asking for," said Neel Sundaresan, GM, Automation and AI, IBM. "The bar for enterprise AI is no longer a better coding assistant. It's an end-to-end agentic development partner that works inside any system development teams already use, with the governance, security, and cost controls enterprises require. We built Bob to solve the problems enterprises actually have, and the updates we're announcing today are the foundation for everything that comes next."Engineering teams also encounter unique challenges as they move beyond code generation and apply AI to larger, more complex work like updating legacy applications or modernizing IBM Z, IBM i, and Java environments.Blue Pearl, a cloud solutions and consulting services company, has successfully used IBM Bob for this type of complex project. "We introduced IBM Bob to a legacy modernization program, an effort originally projected to take nine months with 14 engineers was completed in just three days," said Saireshan Govender, Group CEO of Blue Pearl. "The most powerful outcome wasn't the speed – it was the combination of operational efficiency, cost optimization, and real-world results we could trust and build on."AI output can vary depending on how the work is done, which can create significant issues for these types of high-stakes, multi-phase projects. Structured, repeatable workflows help reduce that variability so teams can deliver reliable, auditable results at enterprise scale.IBM Bob now has pre-built workflows available that teams can customize and extend for their own environments to ensure outcomes are consistent and auditable, regardless of who runs it. IBM Bob Premium Packages for IBM Z, IBM i, and Java Modernization, are each opinionated workflows built on decades of IBM's domain experience that optimize AI for enterprise teams that need to do large-scale modernization.What's New In IBM Bob:Built-in usage visibility and cost optimization: Users can now access Bobalytics, a new feature that helps them monitor consumption, allocate resources and maintain oversight so they can scale AI according to their internal mandates.Parallel, model-native tool calling: Bob now allows models to request several tools in one turn and run them together.Subagents manage context at scale: Every exploratory step an AI takes, whether it's file reads, searches, or function traces, can bloat the context window and drive up cost. Now Bob subagents handle complex work in an isolated context, to deliver fast responses while helping manage cost.The latest version of IBM Bob is available for download at bob.ibm.com/download and for more details on the new capabilities and features, visit: https://bob.ibm.com/blog/bob-v2-release-announcement.Now Available: IBM Bob Premium Packages IBM has spent decades at the center of enterprise modernization across mainframes, IBM i systems, and Java codebases that global businesses run on. Bob's first three premium packages translate IBM's institutional knowledge into AI-native workflows that are structured, repeatable, auditable and purpose-built for the environments other tools weren't designed to handle.Premium packages available now include:IBM Z: Mainframe environments sit at the core of global banking, insurance and commerce, and have historically been the hardest places for AI to help. Bob now addresses this by bringing AI-native application modernization to IBM Z for the first time with COBOL and PL/I modernization and JCL analysis. For more details on Premium Package for IBM Z, visit: https://www.ibm.com/new/announcements/announcing-the-ibm-bob-premium-package-for-zIBM i: IBM i has powered mission-critical operations at enterprises worldwide for decades. Bob is bringing AI-native development to these environments for the first time, with remote file system integration, IBM i-specific modes and tools, and workflows built around the operational patterns of IBM i shops. For more details on Premium Package for IBMI i, visit: https://www.ibm.com/new/announcements/introducing-the-ibm-bob-premium-package-for-iJava Modernization: Enterprise Java portfolios remain some of the largest and most complex modernization challenges in today's software landscape. Bob delivers AI-guided workflows for Java modernization, including migration to Java 25, large-scale refactoring and dependency analysis at scale, in a structured and repeatable manner. For more details on Premium Package for Java Modernization, visit: https://www.ibm.com/new/announcements/announcing-ibm-bob-premium-package-for-java-modernizationAbout IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media contact: Rebecca Neufeld
IBM
rebecca.neufeld@ibm.com 1GitLab. (2026). The 2026 AI Accountability Report.  View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-advances-enterprise-ai-software-development-with-multi-agent-capabilities-and-specialized-modernization-workflows-302821766.htmlSOURCE IBM Original: IBM Advances Enterprise AI Software Development with Multi-Agent Capabilities and Specialized Modernization Workflows

IBM to Announce Second-Quarter 2026 Financial ResultsJuly 8, 2026 11:12 AM
PR Newswire (US) ARMONK, N.Y., July 8, 2026 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its second-quarter 2026 financial results on Wednesday, July 22, 2026 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor.  Please also visit the investor website for the earnings press release prior to the webcast. A replay, associated charts and prepared remarks will be available after the event.Media contact:Timothy Davidson

NYSE Content Update: Teradata AI Report Surveys 1,000 Global Tech + Data LeadersJuly 7, 2026 8:55 AM
PR Newswire (US) NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, July 7, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Ashley Mastronardi delivers the pre-market update on July 7thThe Dow will look to extend its rally after closing above 53,000 for the first time ever.Teradata CIO Josh Fecteau will join NYSE Live to discuss the findings of a new report examining the state of enterprise AI adoption.68% of enterprises remain in Experimenting or Developing stages.Only 7% have reached the final stage where tangible outcomes occur. The MACHINA Summit commenced today, with the RAISE Summit set to kick off from Paris on Wednesday.MACHINA is focusing on physical AI, while the RAISE Summit will explore AI innovation.Event Co-founder Hadrien de Cournon will join NYSE Live to reveal which topics are driving the conversation. Annovis Bio announced that it has reached full enrollment of 850 patients for its Phase 3 trial of Buntanetap for early Alzheimer's Disease.Executives Cheng Fang and Sarah MacCallum will join NYSE Live to discuss the latest developments.Opening Bell
IBM (NYSE: IBM) celebrates launch of Compact z17 and LinuxONE SystemsClosing Bell
Goldman Sachs Asset Management (NYSE Arca: GSLC, GBND, GIGL) celebrates one-year anniversary of its GBND and GIGL funds and ten-year anniversary of GSLCFor market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/nyse-content-update-teradata-ai-report-surveys-1-000-global-tech--data-leaders-302819493.html Original: NYSE Content Update: Teradata AI Report Surveys 1,000 Global Tech + Data Leaders

IBM Launches Compact z17 and LinuxONE Systems to Address Data Center Space and Cost ConstraintsJuly 7, 2026 6:00 AM
PR Newswire (US) Powerful single frame and rack mount systems and new AI and automation software upgrades for IBM Z and LinuxONE 5 help enterprises deploy workloads with more flexibility ARMONK, N.Y., July 7, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announces new IBM z17 and IBM LinuxONE 5 configurations, marking the first time IBM is offering rack mount alongside single frame systems across its full Z and LinuxONE portfolio. The expanded IBM z17 and LinuxONE 5 portfolios now offer a wide range of deployment options, engineered with the same flagship performance, security, and ecosystem standards. New single frame and rack mount options provide additional ways for organizations to position their infrastructure where it fits best for their business needs, helping support flexibility and operational efficiency. Organizations processing highly sensitive workloads at scale are facing record-low data center vacancy and rental rates exceeding $400 per kW/month, according to CBRE's 2026 Global Data Center Trend Report.1 At the same time, they need infrastructure that can optimize their data center footprint while prioritizing the resilience required for their core applications. Enterprises can use IBM z17 and LinuxONE 5 rack mount and single frame systems to address these challenges, optimizing their data center real estate to meet today's realities. "The number of mission-critical workloads is rising at an incredible pace, forcing organizations to make tough decisions about performance, AI integration, and infrastructure footprint," said Tom McPherson, General Manager, IBM Z and LinuxONE. "With these new IBM Z and IBM LinuxONE systems, we're making it easier to run workloads where they make the most sense, while opening the door for a wider range of organizations to benefit from these technologies for the first time."New Systems Built for Data Center Flexibility
The new IBM z17 and IBM LinuxONE 5 configurations support up to 82 cores and 18 TB of memory across two processor drawers, representing about a 20% increase in core count and 12% increase in memory capacity. Single processor capacity of IBM z17 ME2 provides full speed IBM z/OS configurations including 10% greater throughput per core than IBM z16 A02 with some variation based on workload and configuration.2Clients have the flexibility to co-locate IBM and non-IBM equipment to achieve the best fit-for-purpose installation in their data center. Each system is designed to help organizations reclaim space, improve energy efficiency, and integrate seamlessly into existing environments:IBM z17 single frame is a fully packaged solution in an IBM rack and intelligent power distribution units (iPDUs), delivered as a complete enclosed unit ready to deploy, now with the added flexibility for clients to co-locate other technologies within the frame.IBM z17 rack mount allows clients to install IBM Z components directly into their own industry-standard rack, with built-in flexibility for co-location with other technologies.IBM LinuxONE Rockhopper 5 is the scalable, multi-drawer LinuxONE system for high-density workloads, with on-chip AI acceleration, confidential computing, and post- quantum cryptography available in both single frame and rack mount configurations.IBM LinuxONE Rockhopper 5 rack mount and Express offerings deliver enterprise-grade Linux, confidential computing, and on-chip AI acceleration in a compact 18U configuration. Designed for organizations supporting a smaller set of workloads, the offering provides a cost-efficient entry point that can scale as business grows, while prioritizing security, resiliency, and performance.As with the rest of the IBM z17 and LinuxONE 5 portfolio announced last year, the single frame and rack mount systems deliver advanced multi-model AI inferencing through the IBM Telum® II processor, Red Hat OpenShift AI and the IBM Spyre™ Accelerator to deliver in-transaction predictive AI and generative AI.Maximizing Business Value at the Core
Building on the flexibility of IBM Z and IBM LinuxONE systems, IBM is announcing new software and management capabilities designed to help clients simplify infrastructure operations, reduce the skills required to run the platform, and get more value from the workloads already running their business.IBM Infrastructure Management for Z and LinuxONE brings together provisioning, configuration, and operations together. Enterprises can now leverage Terraform and widely adopted Infrastructure-as-Code that are engineered to automate infrastructure deployments, and orchestrate configurations in a unified user interface with a simple visual I/O topology and configuration while addressing the number of specialists required.IBM COBOL Elevate for z/OS is built to simplify modernization and optimize performance for COBOL applications running on IBM z17, helping clients get more value from the applications they depend on with no rewrites or specialized skills required, with availability beginning September 18.Post-quantum cryptography security is now standard on z17 and LinuxONE Rockhopper 5 systems, leveraging post-quantum cryptography, confidential computing, and enterprise-wide secrets management.New IBM Crypto Discovery & Inventory capabilities are engineered to simplify security operations by giving security teams a consolidated view of their cryptographic posture across the enterprise, helping them prepare for post-quantum standards with end-to-end visibility."With the emergence of generative AI methods, we need the highest levels of performance, efficiency, resiliency and security to safely hold, and process the sensitive datasets," said Dr. Owain Kenway, Head of Research and Development (Platform Technologies) in ARC at University College London. "The new IBM LinuxONE 5 single frame, rack mount, and Express models enable organizations like us to access advanced technologies at cost-effective prices, and help our academic teams deliver outstanding research."AvailabilityThe new z17 single frame and rack mount configurations, IBM LinuxONE Rockhopper 5, and IBM LinuxONE 5 Express will all be generally available August 12, 2026. IBM Infrastructure Management for IBM Z and IBM LinuxONE will be generally available August 14, 2026. IBM COBOL Elevate for z/OS will be generally available September 18, 2026. For more information, visit https://www.ibm.com/products/z17 and https://www.ibm.com/products/linuxone-5.Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.Disclaimer:CBRE's 2026 Global Data Center Trend Report.Based on internal measurements. Results may vary by customer based on
individual workload, configuration and software levels. Visit LSPR website for more details at: www.ibm.com/support/pages/ibm-z-large-systems-performance-referenceAbout IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.Additional SourcesNew z17 capabilities blogNew LinuxONE capabilities blogSecurity blogz17 Ecosystem & Skills blogMedia contacts: Marshall Hampson
IBM Infrastructure Communications
Marshall.hampson@ibm.comAishwerya Paul
IBM Infrastructure Communications
Aish.Paul@ibm.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-launches-compact-z17-and-linuxone-systems-to-address-data-center-space-and-cost-constraints-302818812.htmlSOURCE IBM Original: IBM Launches Compact z17 and LinuxONE Systems to Address Data Center Space and Cost Constraints

The Quantum Sector Hits an Inflection Point: Federal Money, Real Milestones, and a Security Race Running in ParallelJuly 6, 2026 8:45 AM
PR Newswire (US) A wave of government funding, hardware progress, and looming encryption deadlines has turned quantum from a lab curiosity into one of the most closely watched corners of the market in 2026, spanning computing hardware and the cybersecurity built to survive it.VANCOUVER, BC, July 6, 2026 /PRNewswire/ -- USA News Group News Commentary, For years, quantum computing lived mostly in research papers and conference keynotes. In 2026 it has become something harder to ignore: a sector with federal capital behind it, a string of technical milestones on the board, and a parallel race to rebuild the world's encryption before quantum machines can break it. The result is one of the most polarizing themes in the market, real scientific progress on one side, valuations that assume a commercial payoff still years away on the other. Below is a look at where the sector stands and a handful of the public companies operating across its very different lanes, from computing hardware to post-quantum security, including QSE - Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN8). Key TakeawaysWashington has moved from rhetoric to capital, with the U.S. Department of Commerce announcing roughly $2 billion in quantum funding under the CHIPS and Science Act in May 2026, followed by a pair of executive orders on June 22, 2026 setting hard agency timelines for quantum hardware and cryptographic defense.The pure-play computing names, including IonQ, Rigetti, and D-Wave, pursue fundamentally different architectures, while big-cap programs at IBM and Alphabet carry the frontier with far deeper balance sheets.A separate but related lane, post-quantum security, is racing against fixed regulatory deadlines as organizations prepare to migrate encryption before quantum machines can break it.Names operating across these lanes include QSE - Quantum Secure Encryption Corp. (CSE: QSE), IonQ (NYSE: IONQ), Rigetti Computing (Nasdaq: RGTI), D-Wave Quantum (NYSE: QBTS), and IBM (NYSE: IBM), each distinct, each at a different scale, and none a proxy for any other.Washington Puts Money Behind the ThemeThe clearest signal that quantum has moved from speculation toward strategic priority came from the federal government. In May 2026, the U.S. Department of Commerce announced approximately $2 billion in funding for the quantum industry under the CHIPS and Science Act, with several companies set to receive direct funds in exchange for equity stakes. The announcement sent quantum stocks sharply higher across the board, even for companies not named as direct recipients.The following month, on June 22, 2026, a pair of executive orders turned that broad funding narrative into a structured federal timeline. One directive targets national quantum computing and sensing capabilities, coordinating multiple agencies to deliver a science-enabling quantum computer to a Department of Energy facility later this decade. A second focuses on cryptographic defense, directing federal agencies to begin migrating high-value systems to post-quantum cryptography. For a sector where nearly every pure-play company still burns cash, the alignment of federal policy behind its success has put a floor under valuations that pure speculation never could.The Computing Race: Different Bets on the Same FutureOne fact matters more than any single stock: no one yet knows which quantum architecture will scale best. That uncertainty is the defining feature of the sector, and it is why the public companies pursuing quantum computing look so different from one another.IonQ (NYSE: IONQ) is the largest pure-play by revenue and the name many institutions reach for first. It builds trapped-ion systems prized for high fidelity and long qubit coherence, and it has pushed into quantum networking as a hedge on where near-term revenue may come from. Its business rests on hardware plus partnerships with major cloud platforms and government programs.Rigetti Computing (Nasdaq: RGTI) takes the superconducting path, building modular chips optimized for scalability and selling access to its systems through the cloud. The company has pursued a government-contract-first strategy and signed a letter of intent with the Department of Commerce for a proposed award of up to $100 million over three years under the CHIPS Act build-out.D-Wave Quantum (NYSE: QBTS) occupies a distinct position, having built its business on quantum annealing, a specialized technique well suited to optimization problems rather than universal gate-based computing. It has more recently added a gate-model platform, giving it two fundamentally different approaches under one roof.IBM (NYSE: IBM) and Alphabet (Nasdaq: GOOGL) anchor the big-cap end of the field, where quantum is upside rather than survival. IBM has published one of the most detailed roadmaps in the industry, targeting a demonstration of quantum advantage by the end of 2026 and a large-scale, fault-tolerant system it calls Starling by 2029. Alphabet's Google Quantum AI drew wide attention with error-correction progress on its Willow chip. Both carry the balance sheets to keep pushing regardless of near-term commercial results.The Other Half of the Story: Securing the Quantum EraRunning alongside the computing race is a second, less flashy contest with a firmer deadline: replacing the encryption that protects nearly all sensitive data today before quantum machines grow powerful enough to break it. The concern is not hypothetical. Security researchers describe a "harvest now, decrypt later" dynamic, in which encrypted data is captured today on the expectation it can be unlocked once the technology matures.The regulatory calendar has sharpened that concern. In August 2024, the National Institute of Standards and Technology finalized its first three post-quantum cryptography standards, and the U.S. National Security Agency's CNSA 2.0 framework sets a phased timeline for national security systems to adopt quantum-safe algorithms over the balance of the decade. Those deadlines have turned what was long a strategy-document abstraction into an operational project for enterprises and governments alike.That is the lane QSE - Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN8) operates in. The Canadian company describes itself as a post-quantum cybersecurity firm focused on quantum-resilient data protection, identity security, secure storage, and cryptographic migration readiness. In March 2026 it launched QPA v2, an enterprise platform designed to help organizations assess where their encryption is exposed, inventory cryptographic dependencies, and plan a migration to quantum-safe standards. Other names positioned across the post-quantum security stack include established security vendors and specialists such as Arqit Quantum (Nasdaq: ARQQ), alongside larger platform players. As with the computing names, these companies operate at very different scales and pursue different models.The Case for CautionFor all the momentum, the quantum sector remains among the most speculative corners of the market. The industry still operates in what researchers call the NISQ era, noisy intermediate-scale quantum, where today's leading systems top out in the low hundreds to low thousands of physical qubits and require aggressive error correction. There is still no commercial killer application running at scale on quantum hardware, and useful chemistry, cryptography, and optimization workloads at scale remain a late-decade story by most estimates.The financial profile reflects that. Pure-play quantum companies trade at extreme valuations relative to minimal revenue, regularly raise equity to fund research, and expose shareholders to dilution and steep volatility. Architectures can go obsolete if a rival reaches fault-tolerance first. Government funding has put a floor under the sector, but policy is a tailwind, not a guarantee, and execution against technical roadmaps remains the ultimate test. For most risk-aware investors, the takeaway from the analysts covering the space is consistent: treat quantum as a small, diversified, long-horizon position rather than a sure thing.The Bottom LineQuantum in 2026 is a sector finally backed by real money and real milestones, and still years from proving its commercial thesis. The computing names are placing different architectural bets on the same uncertain future, the big-cap programs are funding the frontier, and a parallel security race is running against fixed deadlines that do not depend on any single company succeeding. For investors watching the theme, the sector rewards breadth and patience over conviction in any one name, and the next checkpoints, hardware milestones, funded roadmaps hitting their dates, and enterprise adoption of post-quantum tools, are the markers worth watching from here.SIGNAL OVER NOISESignal over noise. Quantum-computing and cybersecurity headlines move fast, and the crowd often moves first. Eagle Eye is a real-time investor signal-intelligence platform that surfaces sentiment shifts, news flow, and trending tickers as they happen, so you see the move forming instead of reading about it later. See it at eagle-eye.dev.CONTACTUSA News Group
info@usanewsgroup.comSOURCES[1] U.S. Department of Commerce quantum funding under the CHIPS and Science Act, announced May 2026; contemporaneous market coverage, 2026.
[2] Executive orders on national quantum capabilities and cryptographic defense, signed June 22, 2026; contemporaneous coverage, 2026.
[3] IBM Quantum roadmap and corporate disclosures, 2025-2026.
[4] QSE - Quantum Secure Encryption Corp. (CSE: QSE), corporate disclosures and news releases, 2026, including the QPA v2 launch dated March 31, 2026.
[5] IonQ, Inc. (NYSE: IONQ); Rigetti Computing, Inc. (Nasdaq: RGTI); D-Wave Quantum Inc. (NYSE: QBTS); Arqit Quantum Inc. (Nasdaq: ARQQ), corporate disclosures and market data, 2026.DISCLAIMERNothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed for Market IQ Media Group Limited, a company incorporated under the laws of Ireland ("MIQL"), which wholly owns and operates USA News Group. MIQL has previously been paid a fee for QSE - Quantum Secure Encryption Corp. advertising and digital media, which fee has since expired. There may be 3rd parties who may have shares of QSE - Quantum Secure Encryption Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constituted a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. MIQL and its owner/operators own shares of QSE - Quantum Secure Encryption Corp. acquired through private placement and in the open market, and reserve the right to buy and sell shares of QSE - Quantum Secure Encryption Corp. at any time without any further notice commencing immediately and ongoing. This article is a general overview of the quantum technology sector and is intended for informational and industry-context purposes only. None of the companies named in this article, including QSE - Quantum Secure Encryption Corp., has reviewed, approved, endorsed, commissioned, or is responsible for the content of this article, and nothing herein should be construed as a statement by, or on behalf of, any company mentioned. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. All references to companies named in this article are based on those companies' public disclosures, are provided for industry context only, and do not imply any partnership, endorsement, affiliation, or comparable performance.FORWARD-LOOKING STATEMENTS: This publication contains forward-looking statements, including statements regarding the growth of the quantum computing and post-quantum security sectors; government funding and policy timelines; the technology roadmaps, milestones, and commercial prospects of the companies referenced; and the pace of enterprise and government adoption of quantum-safe cryptography. Forward-looking statements are based on current expectations and assumptions and are subject to known and unknown risks and uncertainties, many beyond any company's control, including the technical difficulty of scaling quantum hardware and achieving fault tolerance; the risk that a given architecture is superseded; the substantial capital requirements and dilution risk facing early-stage companies; uncertain timing and terms of government funding; competition from larger and better-capitalized companies; and the pace at which regulatory deadlines translate into commercial demand. Actual results could differ materially from those projected. References to other companies are based on those companies' public disclosures, are provided for industry context only, and do not imply any partnership, endorsement, affiliation, or comparable performance. Except as required by law, none of the companies referenced undertakes any obligation to update any forward-looking statement.  View original content to download multimedia:https://www.prnewswire.com/news-releases/the-quantum-sector-hits-an-inflection-point-federal-money-real-milestones-and-a-security-race-running-in-parallel-302818222.html Original: The Quantum Sector Hits an Inflection Point: Federal Money, Real Milestones, and a Security Race Running in Parallel

Oak Ridge National Lab, Cleveland Clinic, and IBM Achieve First-Known Computations of Fusion Materials on a Quantum ComputerJuly 6, 2026 7:00 AM
PR Newswire (US) Initial results lay the groundwork for key objective of the United States Genesis MissionQuantum-centric supercomputing algorithm takes aim at tritium extraction – a bottleneck to abundant energy and a long-standing challenge for classical computers working aloneYORKTOWN HEIGHTS, N.Y., July 6, 2026 /PRNewswire/ -- A team of scientists from Oak Ridge National Laboratory (ORNL), Cleveland Clinic, and IBM (NYSE: IBM), have calculated nine molecular configurations of a promising material to produce fuel for fusion energy – the first-known instance of such computations on quantum computers. Such calculations, demonstrated in a new paper published on arXiv, are computationally challenging for classical computers to scale when working alone. They are a fundamental step towards optimizing the production and extraction of tritium – an extremely rare material in nature that is necessary to produce fusion energy with most of the proposed machines. Ensuring adequate supplies of tritium has long been a barrier to realizing the promise of clean and abundant energy from fusion power plants, and solving this issue is a key objective of the United States Department of Energy's (DOE) Genesis Mission.Quantum computers are well-suited to compute the atomic-level chemistry of a liquid salt that contains fluorine, lithium, and beryllium (FLiBe), one of the leading candidate materials for extracting tritium fuel in fusion reactors. To compute different configurations of clusters of FLiBe, the team used the same quantum-centric supercomputing techniques now being applied to 12,635-atom protein simulations with Cleveland Clinic. These methods can calculate the quantum behavior of electrons in complex materials, complementing and enhancing the capabilities of classical supercomputers and algorithms."In order to demonstrate the capabilities catalyzed by the Genesis Mission, we have built a team of leading experts across seven DOE national labs, four universities, three industry partners, and Cleveland Clinic to pursue a multi-pronged discovery cycle aimed at optimizing tritium production in molten salt fusion blanket materials," said Tom Beck, Section Head for Science Engagement in the Computing and Computational Sciences Directorate at ORNL. "Quantum computers, such as those built by IBM and enhanced by AI and exascale computing, are key tools that accelerate the discovery and design cycles needed to produce sufficient tritium to fuel fusion reactors.""This work builds on our advances in simulating complex biological systems at scale, including proteins spanning 12,635 atoms and extends those techniques into materials science to explore fusion-relevant systems with greater accuracy and efficiency," said corresponding author Kenneth Merz, PhD, staff scientist at Cleveland Clinic. "At Cleveland Clinic, we are focused on applying advanced technologies to deepen scientific understanding and accelerate discovery. This collaboration reflects the growing importance of quantum computing, AI, and high-performance computing as tools for scientific inquiry. By bringing these technologies together, researchers can provide solutions to challenging real-world problems with greater speed and precision.""Bringing quantum, AI, and classical computing together is essential to tackling our society's most fundamental scientific challenges – unlocking capabilities which none of these paradigms can access alone," said Jerry Chow, CTO of Quantum-Centric Supercomputing at IBM. "These results add to mounting evidence that quantum-centric supercomputing is now a practical scientific tool for problems that have long challenged chemists, engineers, and materials scientists. As quantum computers scale, the path ahead is promising."The Tritium Challenge at the Heart of Fusion EnergyThe exploration aligns with the Genesis Mission's broader goal to unify high-performance computing (HPC), artificial intelligence, and quantum computing with the country's major scientific instruments across the DOE's 17 national laboratories to accelerate scientific discovery. As one of the mission's industry collaborators, IBM is working with its partners to explore how quantum-centric supercomputing – which brings together CPUs, GPUs, and QPUs to solve problems they cannot tackle alone – could help to address critical national challenges, including precisely modeling complex material interactions to help unlock a fuel supply for widespread, fully working fusion power plants.Optimizing the best recipe for FLiBe – whose composition is dynamically changing under intense neutron radiation, extreme heat, and magnetic fields – is one of the hardest science and engineering challenges today. It requires extensive study of its quantum mechanical properties including energetics, stability, and interaction with tritium to understand how it will perform multiple functions, including that of tritium breeding material at very hot temperatures. Today, such research is only possible through difficult and expensive experimentation, or through classical computing approximation methods that can lack accuracy.To compute energies of different FLiBe conformations with and without tritium, the team used quantum-centric supercomputing to enable quantum and classical computers to work together – in which the parts of a problem that can be broken down into quantum circuits are solved on a quantum computer. This allowed the team to more precisely determine the electronic structure of the material and how its atoms behave, particularly how strongly they bind tritium at a fundamental molecular level. In turn, the scientists could identify the range of configurations the atoms moved through and extract properties – such as how strongly and through which mechanism each configuration binds tritium – that would otherwise remain hidden.The Road AheadThe collaboration is ongoing, aiming to reduce the time it takes for data to transfer between quantum and classical resources and to scale the size of molecular interactions simulated. Eventually, the team hopes the fusion energy ecosystem will be able to use this workflow directly to design and verify their own materials.This work adds to a growing body of 2026 milestones demonstrating IBM quantum computers as useful scientific tools – including simulating real magnetic materials, creating a never-before-seen half-Möbius molecule, and modeling proteins relevant to biological research that span up to 12,635 atoms.For more about this research, please read the blog: https://www.ibm.com/quantum/blog/molten-salts-fusion-quantumAbout IBMIBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.For more information, visit https://research.ibm.com.Media Contacts:Danielle Cerasani Estevez
IBM Communications
dcerasani@ibm.comBrittany Forgione
IBM Communications
Brittany.Forgione@ibm.com View original content to download multimedia:https://www.prnewswire.com/news-releases/oak-ridge-national-lab-cleveland-clinic-and-ibm-achieve-first-known-computations-of-fusion-materials-on-a-quantum-computer-302817695.htmlSOURCE IBM Original: Oak Ridge National Lab, Cleveland Clinic, and IBM Achieve First-Known Computations of Fusion Materials on a Quantum Computer

IBM Debuts World's First Sub-1 Nanometer Chip TechnologyJune 25, 2026 6:00 AM
PR Newswire (US) Built with revolutionary "nanostack" 3D chip architecture, IBM's sub-1 nm chip to propel semiconductor industry forward for the next decadeYORKTOWN HEIGHTS, N.Y., June 25, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today unveiled a major semiconductor breakthrough with the introduction of the world's first sub-1 nanometer (nm) chip technology, featuring a revolutionary transistor architecture at the 0.7 nm, or 7 angstrom node. The achievement marks a landmark moment for an industry facing the physical limits of traditional chip scaling. Semiconductors play critical roles in everything from computing, to appliances, to communication devices, transportation systems, and critical infrastructure. IBM's new sub-1 nm chip packs nearly 100 billion transistors onto a chip the size of a fingernail, nearly twice the density of IBM's 2 nm chip, unveiled in 2021. Enabled by a series of structural and material innovations, including IBM's groundbreaking three-dimensional nanostack architecture, the technology demonstrates how continued gains in performance and efficiency remain possible even as chip features approach atomic dimensions. Published technical results report the new chip is projected to offer a substantial leap in capability—up to 50 percent more performance, or 70 percent greater energy efficiency than IBM's 2 nm node chips1—supercharging compute for applications ranging from generative AI and cloud infrastructure to next-generation electronic devices."IBM's latest chip breakthrough marks a landmark moment in computing, pushing technology beyond the nanometer era to the scale of atoms. With our new nanostack architecture, we're not just making smaller transistors, we're reinventing how chips are built to deliver dramatically more power and energy efficiency," said Jay Gambetta, Director of IBM Research and IBM Fellow. "This industry-first innovation continues IBM's legacy of leading in next-generation technologies and sets the foundation for the next era of computing."Nanostack, an Industry Breakthrough in Chip DesignTo produce this chip, IBM researchers developed an entirely new transistor architecture, called "nanostack," the industry's first known three-dimensional, nanosheet-based design. Nanostack represents a major advance beyond nanosheet technology, the industry's current leading-edge architecture, invented by IBM. The nanostack design vertically stacks and staggers transistors, taking advantage of 3D sequential integration to pack more transistors onto a chip. The design also unlocks the use of different material combinations within each stacked layer, optimizing performance and power efficiency of each transistor independent of the other.IBM's nanostack architecture was experimentally validated through ultra-thin dielectric bonding in CMOS integration, demonstration of dual-channel engineering capability, and functional CMOS inverter operation with expected switching performance. Together, these results confirm the nanostack technology can be physically built and supports real computation.Additionally, in new research presented at VLSI 2026, IBM researchers demonstrated that the nanostack architecture provides 40 percent scaling in SRAM,2 unlocking the ability of chip designers to create much more efficient chips while also supporting the high-bandwidth data demands of advanced AI workloads.With this groundbreaking structure, logic technology can extend for the first time below the 1 nm node, advancing the era of angstrom-level scaling, where dimensions approach the size of individual atoms. While transistor nodes now refer to a generation of manufacturing technology versus an exact physical dimension, IBM's 0.7 nm technology—also referred to as 7 angstroms—demonstrates how continued scaling remains possible. With the new nanostack architecture, IBM's semiconductor roadmap projects at least a decade of future scaling.Building on Decades of Leadership in Semiconductor InnovationThis breakthrough is the latest testament to IBM as a leader in semiconductor R&D. IBM has led the world in developing the chips that power computing systems for decades, from early semiconductors in the 1960s to the world's first 2 nm node chip. IBM continues to innovate at the cutting edge of silicon, AI hardware, logic, and quantum processors developed to power the future of computing.IBM and its partners conduct this work at a leading semiconductor research facility in Albany, New York, which will soon be home to a High Numerical Aperture Extreme Ultraviolet (High NA EUV) lithography tool, essential for the future of logic scaling. Developed by ASML, this technology enables ultra-precise circuit printing, supporting the creation of smaller, more powerful chips. IBM and partners including Lam Research Corp., Tokyo Electron (TEL), and SCREEN Semiconductor Solutions, Ltd. have been working together to develop new High NA EUV processes and tools that have already yielded working devices.IBM also recently announced a plan to form Anderon, the world's first pure-play quantum foundry. Anderon, a standalone IBM company, will draw on IBM's industry-leading quantum computing and semiconductor expertise to help position the United States to manufacture most of the world's quantum wafers.With the expectation of the earliest adoption of nanostack technology at the sub-1 nm node, IBM sees a path to production in as early as the next 5 years.About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.Media ContactsWilla Hahn
IBM Communications
willa.hahn@ibm.comBrittany Forgione
IBM Communications
brittany.forgione@ibm.com1 S. Reboh et al "NanoStack Transistor Architecture for CMOS 7A Node and Beyond" VLSI 20252 Chen Zhang et al "Area and Performance of Staggered-Channel Nanostack SRAM Bitcells" VLSI 2026 View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-debuts-worlds-first-sub-1-nanometer-chip-technology-302809961.htmlSOURCE IBM Original: IBM Debuts World's First Sub-1 Nanometer Chip Technology

NYSE Content Update: Abridge Partners with Eli Lilly, Nvidia to Improve HealthcareJune 24, 2026 8:55 AM
PR Newswire (Canada) NYSE issues a pre-market daily advisory direct from the trading floor.NEW YORK, June 24, 2026 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Ashley Mastronardi delivers the pre-market update on June 24thThe price of ICE Brent Crude Oil fell below $76 a barrel for the first time since late February.IBM (NYSE: IBM) led Global X NYSE 100 ETF gains Tuesday after a pair of analysts upgraded the company's 12-month price target on AI optimism.Abridge CEO Dr. Shiv Rao will join NYSE Live to discuss how its latest AI offering, and a pair of partnerships, will streamline care across the health sector.The NYSE and Beet.TV are delivering exclusive industry leader interviews at Cannes Lions, which can be seen on NYSE Live.Minute Media President Rich Routman reveals how its taking Sports Illustrated to new platforms.Kantar's Americas CEO Jeff Greenspoon explains how it helps brands and marketers deliver measurable results.Opening Bell
Roads to Success celebrates 25 years of impactClosing Bell
DT Midstream (NYSE: DTM) celebrates 5 years as a public companyFor market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com View original content to download multimedia:https://www.prnewswire.com/news-releases/nyse-content-update-abridge-partners-with-eli-lilly-nvidia-to-improve-healthcare-302809277.htmlSOURCE New York Stock Exchange Original: NYSE Content Update: Abridge Partners with Eli Lilly, Nvidia to Improve Healthcare

Quantum Computing Stocks Rally After Trump Signs New Industry Support MeasuresJune 23, 2026 7:31 AM
IH Market News Federal Orders Renew Momentum Across the Quantum Sector Quantum-computing stocks moved higher in after-hours trading on Monday after U.S. President Donald Trump signed a series of executive orders designed to accelerate the development and adoption of quantum technologies in the United States. The announcements reignited investor enthusiasm for a sector that has already enjoyed significant gains this year amid expectations of increasing government backing. Quantum Names Lead Extended-Hours Gains Among the strongest performers, Infleqtion (NYSE:INFQ) climbed 13.2% to $16.08 in post-market trading, putting the stock on course for its highest level since June 5. Rigetti Computing (NASDAQ:RGTI) advanced 5.9% to $22.65, marking its strongest level since June 15, while D-Wave Quantum (NYSE:QBTS) gained between 7.5% and 7.8% to approximately $26.30, also reaching its highest level since mid-June. IonQ (NYSE:IONQ) added around 3% to trade near $60.10. Meanwhile, IBM (NYSE:IBM) rose 3.6% after Trump publicly praised Chief Executive Officer Arvind Krishna for his leadership. New Orders Aim to Accelerate Quantum Deployment The gains followed the signing of two executive orders focused on strengthening America’s position in quantum technologies. The measures seek to support the deployment of a research-capable quantum computer in the United States by 2028 while accelerating the transition of federal systems toward post-quantum cryptography between 2030 and 2031. The orders also promote broader adoption of quantum sensing technologies and encourage greater collaboration between government agencies, universities and private-sector companies. Strategic Technology Becomes a National Priority The latest initiatives reflect Washington’s growing emphasis on quantum computing as a strategic technology alongside artificial intelligence, advanced semiconductors and next-generation defense systems. Policymakers increasingly view leadership in quantum technology as critical to maintaining the United States’ competitive position against China and other global rivals. Government Support Has Driven Previous Rallies Monday’s move follows several policy-driven surges in quantum-related stocks over recent months. In May, the sector rallied sharply after the Trump administration unveiled a quantum initiative worth approximately $2 billion, including grants and investment programs aimed at supporting domestic development. Companies such as D-Wave, Rigetti and Infleqtion were among those linked to the initiative, while investors interpreted the announcement as evidence of a deeper federal commitment to the sector. That earlier announcement triggered even larger gains, with D-Wave and Rigetti both rising more than 30%, while IonQ also posted strong double-digit advances. Commercialization Outlook Continues to Improve Quantum stocks received another boost earlier this month after analysts highlighted improving commercialization prospects and growing public-sector support. Those developments have helped turn quantum computing into one of the most closely watched and volatile technology themes on Wall Street this year. Why Quantum Computing Matters Quantum computers leverage the principles of quantum mechanics to process information in ways that could eventually outperform traditional computers in areas such as optimization, chemistry, materials science and complex simulations. The technology is also viewed as a potential challenge to existing encryption methods, prompting governments around the world to accelerate the adoption of quantum-resistant cybersecurity systems. Although widespread commercial deployment remains several years away for much of the industry, investors continue to treat government funding programs, national security initiatives and technological breakthroughs as major catalysts for the sector. The latest executive orders reinforce the view that support for quantum technologies is evolving into a long-term policy priority, potentially creating additional opportunities for companies focused on quantum computing, sensing and cybersecurity solutions. Infleqtion stock price Rigetti Computing stock price D-Wave Quantum stock price IonQ stock price IBM stock priceThe post Quantum Computing Stocks Rally After Trump Signs New Industry Support Measures appeared first on US Editors. Original: Quantum Computing Stocks Rally After Trump Signs New Industry Support Measures

White House Prioritizes Quantum Computing and Post-Quantum Cybersecurity in New Executive Orders



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