News 26 July 2025

IBM stock price today: shares rebound as UBS upgrade helps steady post-AI selloff
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IBM stock price today: shares rebound as UBS upgrade helps steady post-AI selloff

IBM shares climbed 4% to $238.74 by midday Wednesday, rebounding after a 13% drop Monday triggered by concerns over AI tools automating COBOL code modernization. UBS upgraded IBM to Neutral, maintaining a $236 price target. The selloff followed a blog from Anthropic claiming AI could speed up mainframe code updates, raising fears for IBM’s consulting and services revenue. IBM disputed the impact, citing platform security and resilience.
February 25, 2026
AI Stock Frenzy: Tech Giants’ Blowout Earnings Fuel Record Rally as Wall Street Bets Big on AI
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AI Stock Frenzy: Tech Giants’ Blowout Earnings Fuel Record Rally as Wall Street Bets Big on AI

Alphabet will raise 2025 capital spending by $10 billion to $85 billion, focusing on AI chips and data centers. Nvidia hit record highs, nearing a $4.23 trillion valuation as revenue jumped 86%. Intel will cut 15% of staff and pause new fabs after beating Q2 revenue but warned of a larger Q3 loss. Meta named Shengjia Zhao, co-creator of GPT-4, as chief scientist of its new Superintelligence lab.
July 26, 2025
Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025
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Bitcoin Whales Bet Big, Ethereum ETFs Shatter Records – Crypto News Roundup July 25–26, 2025

Sam Bankman-Fried received a 25-year prison sentence in New York for the FTX collapse. An anonymous trader placed a $23.7 million bull call spread on Bitcoin, betting on a year-end price up to $200,000. Bitcoin reached a record $123,000 on July 14 before consolidating near $118,000. BlackRock’s iShares Ethereum Trust surpassed $10 billion in assets.
July 26, 2025
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