Asian equities opened higher, mirroring gains in US stocks and Treasuries as investors look past geopolitical tensions. Despite concerns over oil prices and inflation, markets show cautious optimism, with the Federal Reserve’s interest-rate decision awaited. Continued volatility is expected until the energy situation stabilizes.
Why IBM shares crashed 26%: CEO highlights customer spending shifts towards AI
IBM’s second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients prioritized