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Tuesday, October 20, 2026 Market moodNeutral−2.8
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CNBC TOP STORIES Japan exports post huge miss in September as growth slows to 16.7% Optimistic CBS NEWS Democratic presidential contenders to gather for post-midterm summit in Denver Bullish CBS NEWS Elon Musk chose to restrict Ukraine's use of SpaceX satellite network, sources say Neutral FOX NEWS US Stranger in Biden mask pulls bizarre Texas doorstep stunt as police issue warning Pessimistic YOUTUBE - YAHOO FINANCE $600 million to turn this office tower into apartments Neutral YOUTUBE - PBD PODCAST Floyd Mayweather Cries After Only Loss Neutral YOUTUBE - YAHOO FINANCE Is SpaceX Burning Too Much Cash? Q3 Earnings Analysis Neutral MOTOR1 Every Rolls-Royce Has A Hidden Feature Most People Don't Know About Neutral CBS NEWS Eighth graders rally around new classmate to help her dazzle at big Halloween party Strong Bullish CBS NEWS Italy agrees to send Texas man accused of killing pregnant wife back to U.S. Bearish YOUTUBE - TIMCAST IRL DSA CIVIL WAR Plans Exposed, WHITE POWDER Sent To Congress Sparks CHAOS | Timcast IRL Bearish WSJ ECONOMY Australia’s Inflation Outlook Materially Worse, RBA Says Bearish CBS NEWS Fear, outrage in New Jersey after ICE questions young person outside high school Pessimistic CBS NEWS Trump looks to boost Republicans in North Carolina two weeks out from Election Day Strong Bullish COINTELEGRAPH Qubic restarts blockchain, opens recovery claims after $1.4M hack Neutral THE GUARDIAN US NEWS Florida kills 77-year-old man in state’s 18th execution of year Pessimistic NEW YORK POST BUSINESS Investors eagerly await key Anthropic filing to see blockbuster IPO will stoke demand Strong Bullish NEW YORK POST BUSINESS Trattoria Dell’Arte, Fiorello’s and Bond 45 to get second life thanks to Tilman Fertitta … Optimistic BBC BUSINESS The tech helping crack decades-old cold cases Bullish MARKET WATCH Why SpaceX’s stock is surging — and lifting the broader AI universe along with it Strong Bullish CNBC TOP STORIES Japan exports post huge miss in September as growth slows to 16.7% Optimistic CBS NEWS Democratic presidential contenders to gather for post-midterm summit in Denver Bullish CBS NEWS Elon Musk chose to restrict Ukraine's use of SpaceX satellite network, sources say Neutral FOX NEWS US Stranger in Biden mask pulls bizarre Texas doorstep stunt as police issue warning Pessimistic YOUTUBE - YAHOO FINANCE $600 million to turn this office tower into apartments Neutral YOUTUBE - PBD PODCAST Floyd Mayweather Cries After Only Loss Neutral YOUTUBE - YAHOO FINANCE Is SpaceX Burning Too Much Cash? Q3 Earnings Analysis Neutral MOTOR1 Every Rolls-Royce Has A Hidden Feature Most People Don't Know About Neutral CBS NEWS Eighth graders rally around new classmate to help her dazzle at big Halloween party Strong Bullish CBS NEWS Italy agrees to send Texas man accused of killing pregnant wife back to U.S. Bearish YOUTUBE - TIMCAST IRL DSA CIVIL WAR Plans Exposed, WHITE POWDER Sent To Congress Sparks CHAOS | Timcast IRL Bearish WSJ ECONOMY Australia’s Inflation Outlook Materially Worse, RBA Says Bearish CBS NEWS Fear, outrage in New Jersey after ICE questions young person outside high school Pessimistic CBS NEWS Trump looks to boost Republicans in North Carolina two weeks out from Election Day Strong Bullish COINTELEGRAPH Qubic restarts blockchain, opens recovery claims after $1.4M hack Neutral THE GUARDIAN US NEWS Florida kills 77-year-old man in state’s 18th execution of year Pessimistic NEW YORK POST BUSINESS Investors eagerly await key Anthropic filing to see blockbuster IPO will stoke demand Strong Bullish NEW YORK POST BUSINESS Trattoria Dell’Arte, Fiorello’s and Bond 45 to get second life thanks to Tilman Fertitta … Optimistic BBC BUSINESS The tech helping crack decades-old cold cases Bullish MARKET WATCH Why SpaceX’s stock is surging — and lifting the broader AI universe along with it Strong Bullish
New York Post Business · Jul 14, 2026 3:32 PM EDT Technology

IBM shares plunge 25% as AI spending boom hammers business: ‘Ugly moment for software stocks’

The company has been trying to reduce its reliance on the cyclical mainframe business by focusing on its software unit including its high-margin Red Hat business, which helps firms run applications across different cloud providers.

IBM shares plunge 25% as AI spending boom hammers business: ‘Ugly moment for software stocks’
Image New York Post Business

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