
IBM Plunges, Goldman Sachs Rises, HCA Healthcare Drops After Full-Year EPS Forecast Cut
On this episode of Stock Movers:- IBM (IBM) shares plunge. International Business Machines Corp. reported preliminary second-quarter sales that fell short of expectations, attributing the miss to customers spending their money on chips and servers amid AI-fueled shortages. Preliminary second-quarter revenue totaled $17.2 billion, below analysts’ estimates of $17.9 billion, with sales from IBM’s infrastructure division dropping 7%.- Goldman Sachs (GS) shares rise. Goldman Sachs Group Inc. posted $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.