Sundry Photography/iStock Editorial via Getty Images IBM ( IBM ) has entered into a strategic collaboration with Arm ( ARM ) to develop new dual ‑ architecture hardware that helps enterprises run future AI and data intensive workloads. The partnership is focused on three key areas. First, the companies are exploring how to expand virtualization technologies that allow Arm-based software environmen...
Sundry Photography/iStock Editorial via Getty Images IBM ( IBM ) has entered into a strategic collaboration with Arm ( ARM ) to develop new dual ‑ architecture hardware that helps enterprises run future AI and data intensive workloads. The partnership is focused on three key areas. First, the companies are exploring how to expand virtualization technologies that allow Arm-based software environments to operate within IBM's enterprise computing platforms. This work is designed to expand software compatibility and further streamline how developers and enterprises bring Arm applications into mission-critical environments. The companies are also exploring new ways to support the performance and efficiency demands of modern workloads, including AI and data intensive applications. The work includes enabling enterprise systems to recognize and execute Arm applications. Finally, the collaboration is focused on long term ecosystem growth. By creating shared technology layers between platforms, IBM and Arm aim to open the door to broader software ecosystems and greater flexibility in how applications are deployed and managed. Source: Press Release More on IBM IBM: The Market Is Overreacting And This Retracement Is Creating An Opportunity International Business Machines Corporation (IBM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript International Business Machines Corporation (IBM) Presents at Bank of America View from the Top CEO Series Transcript IBM receives FedRAMP authorization for 11 AI and automation software solutions Iran threatens attacks on Nvidia, Apple and other tech majors: report
Getty Images I've kept Chagee Holdings Limited ( CHA ) as a "Hold"-rated name. CHA's near-term financials will most probably be under pressure, judging by its results and guidance. But a turnaround in the mid-to-long term is possible with business restructuring initiatives and overseas penetration. My December 1, 2025, initiation piece touched on the below-consensus 3Q25 metrics and an unexpected ...
Getty Images I've kept Chagee Holdings Limited ( CHA ) as a "Hold"-rated name. CHA's near-term financials will most probably be under pressure, judging by its results and guidance. But a turnaround in the mid-to-long term is possible with business restructuring initiatives and overseas penetration. My December 1, 2025, initiation piece touched on the below-consensus 3Q25 metrics and an unexpected cash distribution. 4Q Bottom Line Was A Negative Surprise The firm issued a press release revealing its latest performance on the morning of March 31. CHA's Oct-Dec '25 earnings were 87% lower year-on-year at CNY0.49/share. According to S&P Capital IQ, that's also 68% short of the CNY1.54 consensus prediction. I mentioned the Chinese beverage sector's "fierce rivalry" in the late-2025 write-up. This unfavorable environment continues to be a drag on topline. The group's results disclosure highlighted a 26% drop in "Average monthly GMV per teahouse in Greater China" to CNY0.34 million for 4Q2025. It was explained at the analyst meeting that "we chose not to chase low-price traffic blindly." BofA ( BAC ) published a report (not publicly available) on April 2 titled "Guming: Share Gainer With Good Visibility." BAC's research indicated that the average "revenue growth for China's top 5 drinks players" including Chagee, was +27.7% last year. CHA has ceded ground to competitors because of its prestige pricing. That's evidenced by its modest 4% turnover increase during the same period. Separately, a shift in outlet ownership mix impacted profits. CHA's call commentary suggested that it "converted some of our franchisee tea houses into owned ones in China." I can understand why the company wants to have greater operational oversight in challenging times like these. The enterprise stated in its earnings release that "company-owned teahouse operating costs" were 131% higher at CNY377 million on YoY terms last quarter. In my view, this played a big role in the 16ppts net margin contrac...
(RTTNews) - Skanska AB (SKAb.ST) has signed a binding sale and purchase agreement for the sale of its entire 50 percent ownership of I-4 Mobility Partners HoldCo for approximately $75 million. The buyer is the existing partner, John Laing I-4 Holdco.
(RTTNews) - Skanska AB (SKAb.ST) has signed a binding sale and purchase agreement for the sale of its entire 50 percent ownership of I-4 Mobility Partners HoldCo for approximately $75 million. The buyer is the existing partner, John Laing I-4 Holdco.
President Donald Trump says the US will hit Iran "extremely hard" over the next two to three weeks, prompting stocks to fall and oil prices to climb. (Source: Bloomberg)
President Donald Trump says the US will hit Iran "extremely hard" over the next two to three weeks, prompting stocks to fall and oil prices to climb. (Source: Bloomberg)
NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. Bloomberg's Ed Ludlow reports from the Kennedy Space Center in Florida. (Source: Bloomberg)
NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. Bloomberg's Ed Ludlow reports from the Kennedy Space Center in Florida. (Source: Bloomberg)
As global supply volatility intensifies, Premier Li Qiang has called for faster development of a “new-type power system” to accelerate the green transition and expand the use of artificial intelligence (AI) in the sector. During a three-day visit to the southwestern province of Sichuan, Li stressed the need to expand green electricity supply and optimise the energy mix to bolster security and supp...
As global supply volatility intensifies, Premier Li Qiang has called for faster development of a “new-type power system” to accelerate the green transition and expand the use of artificial intelligence (AI) in the sector. During a three-day visit to the southwestern province of Sichuan, Li stressed the need to expand green electricity supply and optimise the energy mix to bolster security and support economic growth. He urged market players to explore new grid architectures, improve system-wide...
Micron Technology (MU) stock has been on a roller coaster after Google’s TurboQuant memory compression announcement triggered a sharp sell-off, followed by a rebound as investors refocused on Micron’s AI driven fundamentals. See our latest analysis for Micron Technology. Recent volatility around TurboQuant headlines sits against a powerful run, with Micron’s 1 day share price return of 8.88% follo...
Micron Technology (MU) stock has been on a roller coaster after Google’s TurboQuant memory compression announcement triggered a sharp sell-off, followed by a rebound as investors refocused on Micron’s AI driven fundamentals. See our latest analysis for Micron Technology. Recent volatility around TurboQuant headlines sits against a powerful run, with Micron’s 1 day share price return of 8.88% following a 30 day share price return decline of 10.86%, while its 1 year total shareholder return is...