IBM Hit Hard by AI Spending Trends, Bank Earnings Fueled by Record Trading Hauls
About this episode
The episode discusses the impact of AI spending trends on IBM and the earnings reports from major banks.
Market update for Tuesday July 14th Check out the Public app for incredible investing tools and to support the show ( LINK ) Follow us on Instagram ( @TheRundownDaily ) for bonus content and instant reactions. In today’s episode, Zaid covers: Inflation finally cools off but that might be temporary Five megabanks reported earnings this morning, and Wall Street's trading desks are printing money IBM suffering one of its worst stock drops in decades after a disappointing sales warning Memory and storage stocks rallying as companies prioritize AI hardware spending Chipotle is opening its first restaurant in... Mexico. Will Mexicans buy American-made Mexican food?
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