Markets show a tentative rebound, but sustainability hinges on external factors like oil prices and news flow. Experts caution against definitive bottom calls, emphasizing structural shifts for a sustained uptrend. Sector-specific insights reveal resilience in pharma, long-term potential in auto, and a shift towards cash flow discipline in real estate.
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