BlackRock BLK -0.28%decrease; down pointing triangle is leading a debt sale targeting at least $12 billion for its massive new El Paso data-center project backed by Meta Platforms META 0.26%increase; up pointing triangle, people familiar Read More
July 14, 2026, 5:10 p.m. ET Artificial intelligence may have already taken a bite out of software this year, but a profit warning from IBM indicates that it’s hardware’s turn to chow down. As companies Read More
International Business Machines shares sank more than 20% in premarket trading after the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips. IBM said the performance Read More
America’s data-center developers are ready to cash in on the AI boom. Data-center builders and operators across the U.S. are working with bankers to sell majority equity stakes worth tens of billions of Read More
