International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

Компания IBM демонстрирует сильные фундаментальные показатели, такие как высокая рентабельность (ROE 36.76) и сильные маржи прибыли (операционная маржа 16.08 и чистая маржа 15.69), что указывает на её способность эффективно управлять затратами и генерировать прибыль. Тем не менее, мультипликаторы, такие как P/E (26.40) и P/B (9.83), находятся на высоком уровне по сравнению с медианой отрасли, что может указывать на переоцененность акций. Долговая нагрузка компании также вызывает беспокойство; коэффициент долга к капиталу (1.68) значительно превышает медиану отрасли, что может повысить финансовые риски. Несмотря на это, рост выручки и чистой прибыли указывает на положительную динамику бизнеса. Дивидендная доходность, хотя и снизилась до 0.58, все еще остается привлекательной, но это также может быть сигналом о возможных финансовых трудностях. В целом, учитывая все вышеперечисленные факторы, целесообразно пересмотреть целевую цену, чтобы учесть риски, связанные с долгами и высокой оценкой акций.

International Business Machines Corporation

International Business Machines Corporation IBM has partnered with E.SUN Bank to create Taiwan’s first enterprise-level AI governance framework for the banking sector. The initiative aims to enable responsible, scalable and compliant use of artificial intelligence in financial services.
The collaboration produced a comprehensive AI governance framework and a related AI Governance White Paper, providing a clear roadmap for organizations to move from small-scale experimental AI projects to secure, large-scale deployments meeting regulatory and ethical standards. The framework combines industry’s best practices and global standards to help organizations use AI safely and effectively.
IBM Consulting and E.SUN Bank developed an AI governance system that reviews a bank’s current AI capabilities and manages the full AI lifecycle, starting from development and training to deployment and monitoring, ensuring AI systems remain transparent, reliable and accountable.
A key outcome of the partnership is a structured methodology that converts complex regulatory requirements into practical operational steps. The AI Governance White Paper introduces 96 tools for monitoring AI systems, ensuring compliance, and enabling measurable and repeatable governance processes. Through this initiative, IBM reinforces its role as a global leader in responsible AI deployment and governance-driven innovation across regulated industries.
How Are Competitors Performing in the Banking Sector?
IBM faces competition from Microsoft Corporation MSFT and Oracle Corporation ORCL. Microsoft is helping banks use AI to improve customer service, manage risk, and update core systems with tools like Azure AI and Microsoft 365 Copilot. It partnered with KakaoBank to launch Korea’s first Azure OpenAI powered AI search and financial calculator in its mobile app to enhance digital banking. Microsoft is also supporting financial institutions in using AI for regulatory compliance and fraud detection.
Oracle has introduced a new AI powered banking platform with intelligent agents to help banks improve customer engagement, automate processes and make smarter decisions. It also helps financial institutions to modernize core systems with cloud and digital solutions, boosting efficiency and scalability. Oracle partnered with Ajman Bank to power its next generation trade finance platform on Oracle Cloud Infrastructure, enhancing innovation in banking operations.
IBM’s Price Performance, Valuation & Estimates
IBM shares have lost 0.4% over the past year against the industry’s growth of 104.1%.
Image Source: Zacks Investment Research
From a valuation standpoint, IBM trades at a forward price-to-sales ratio of 3.25, below the industry average of 4.54.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have increased 1.06% to $12.37 over the past 60 days, while the same for 2027 have increased 1.8% to $13.30.
Image Source: Zacks Investment Research
IBM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names #1 Semiconductor Stock
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IBM Teams Up With E.SUN Bank on AI Governance: Will it Fuel Revenue?

The Motley Fool Interviews IBM CFO Jim Kavanaugh

The S&P 500 Index ($SPX) (SPY) on Wednesday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) fell -0.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.03%. March E-mini S&P futures (ESH26) fell -0.15%, and March E-mini Nasdaq futures (NQH26) fell -0.07%.
Stocks were undercut by Wednesday’s +6 bp rise in the 10-year T-note yield and the +4.6% rally in WTI crude oil prices. Crude oil prices rallied despite the IEA members' decision to release 400 million barrels from emergency oil stockpiles.
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Stocks saw downward pressure as the Iran war dragged on, with missiles hitting three vessels in the Strait of Hormuz and the Persian Gulf on Wednesday, and new missile volleys hitting Israel.
However, tech stocks received support from Oracle's positive AI news.
The oil market took in stride Wednesday’s decision by IEA members to release 400 million barrels of oil from strategic stockpiles, much larger than the 182 million-barrel release in 2022 following Russia's invasion of Ukraine. The release is designed to replace the oil lost due to the Strait of Hormuz shutdown and the subsequent production cuts by Persian Gulf oil producers, although it will take some time for the oil stockpiles to reach the market.
Stocks showed little net reaction to the CPI report, which was in line with market expectations. The Feb CPI rose +0.3% m/m and +2.4% y/y, while the Feb core CPI rose +0.2% m/m and +2.5% y/y. The headline CPI report of +2.4% y/y was just 0.1 point above the 5-year low posted in April 2025, while the core CPI of +2.5% y/y matched the 5-year low posted in the two previous months. Even though the CPI figures are at or near 5-year lows, they are still above the Fed’s target of +2%. Moreover, inflation pressures will worsen in the coming months due to the recent spike in oil and fuel prices caused by the war in Iran.
Stocks were undercut after JPMorgan Chase said it is restricting lending to private credit funds amid markdowns on some of its loans in the sector, hampering the sector's attempt to weather the current crisis. The $1.8 trillion private credit sector is struggling to cope with an investor exodus driven by unattractive returns and fears of more financial difficulties among portfolio borrowers.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets closed mixed. The Euro Stoxx 50 is down -1.00%. China's Shanghai Composite closed up +0.25%. Japan's Nikkei Stock 225 closed up +1.43%, adding to Tuesday’s +2.88% recovery rally.
Interest Rates
June 10-year T-notes (ZNM6) fell -16 ticks. The 10-year T-note yield rose +6.0 bp to 4.216%, adding to Tuesday’s rise of +6 bp. T-note prices were undercut by Wednesday’s +4.6% rally in oil prices and the +3.2 bp rise in the 10-year inflation expectations rate to 2.383%. T-note prices were also undercut by supply overhang as the Treasury sold 10-year T-notes on Wednesday and will sell 30-year bonds on Thursday. The T-note market largely ignored the CPI report as stale news, given the surge in oil and fuel prices since the Iran war began.
European government bond yields rose sharply. The 10-year German bund yield rose +9.6 bp to 2.932%. The 10-year UK gilt yield rose +13.3 bp to 4.686%.
Swaps are discounting a 4% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
The Magnificent Seven technology stocks closed mixed, with Amazon.com (AMZN) falling -0.9%, but Tesla (TSLA) rising +2.1%.
Oracle (ORCL) rallied more than +9% after reporting strong results and guidance indicating strong demand for AI computing.
The Oracle news provided early support to the software and computing infrastructure sector, but most of those stocks fell back. Datadog (DDOG) rose more than +3%. However, IBM (IBM) fell -0.7%, and Microsoft (MSFT) fell -0.3%.
Chip stocks also saw some support from the Oracle news, led by gains of +4.1% in Micron Technology (MU), +3.2% in Align Technology (ALGN), and +2.6% in Intel (INTC). Nvidia (NVDA) rose +0.5%
Oil stocks saw support with the rally in oil prices. Valero Energy (VLO) rallied +6.5%, Marathon Oil (MPC) rallied +5.4%, and Occidental Petroleum (OXY) rallied +4.6%. Chevron (CVX) rose +3.0%, and Exxon (XOM) rose +2.3%.
Nike (NKE) gave up an early advance and closed down -0.7% after an upgrade from Barclays to overweight.
Campbell’s Co (CPB) fell nearly -7% after cutting its full-year earnings guidance.
UniFirst Corp (UNF) rallied more than +6% after Cintas agreed to buy the company in a deal worth $5.5 billion.
Earnings Reports(3/12/2026)
Dollar General Corp (DG), Ulta Beauty Inc (ULTA), Lennar Corp (LEN), Adobe Inc (ADBE).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Pressured by Higher Oil Prices, But Positive Oracle AI News Helps Tech Stocks

Oracle (NYSE:ORCL), a database and cloud software provider, closed Wednesday at $163.12, up 9.18%. The stock rallied after a fiscal Q3 earnings and revenue beat, strong cloud and AI growth, and raised long-term revenue guidance. Investors are also eyeing execution on large AI data center projects.
Trading volume reached 79 million shares, coming in about 162% above its three-month average of 30.1 million shares. Oracle IPO'd in 1986 and has grown 257,656% since going public.
How the markets moved today
S&P 500 (SNPINDEX:^GSPC) slipped 0.10% to 6,775, while the Nasdaq Composite (NASDAQINDEX:^IXIC) edged up 0.08% to 22,716. Within enterprise software and cloud computing, industry peers Microsoft (NASDAQ:MSFT) closed at $404.88 (-0.22%) and International Business Machines (NYSE:IBM) finished at $248.87 (-0.53%), lagging Oracle’s post-earnings surge.
What this means for investors
Investors breathed a big sigh of relief after Oracle’s earnings announcement. That’s because the company has become the face of concern over spending on artificial intelligence (AI) infrastructure.
Even after today’s jump, Oracle stock is down over 16% this year as investors worried that it was overextending itself with capital spending on AI. This report eased fears over its aggressive AI spending, though.
Oracle reported 22% revenue growth, including 44% cloud revenue growth. It also reported a $553 billion backlog and provided an upbeat 2027 outlook. The company also said it doesn’t have any plans to issue bonds beyond what has already been announced this year. That may have been the biggest news that had investors buying shares today.
Should you buy stock in Oracle right now?
Before you buy stock in Oracle, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Oracle wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
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*Stock Advisor returns as of March 11, 2026.
Howard Smith has positions in Microsoft. The Motley Fool has positions in and recommends International Business Machines, Microsoft, and Oracle. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stock Market Today, March 11: Oracle Surges After Earnings Beat and Upbeat Long-Term Revenue Guidance

Key Points
CoreWeave offers an AI development toolkit in a market where AI development costs are going up rapidly.
It has locked in partnerships with giants like IBM and has a $66 billion backlog.
The company is posting some incredible growth numbers like 168% revenue growth for 2025.
Artificial intelligence (AI) is expensive. It constantly needs more of everything to advance as a technology: more electricity, more data centers, more memory, more money.
Back in 2024, OpenAI CEO Sam Altman stated that ChatGPT-4, then the latest version of the large language model (LLM), cost over $100 million to develop.
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Lots of companies want to develop AI, either for commercial use or for their own internal purposes. But many either can't spend or would rather avoid spending hundreds of millions, if not billions, of dollars to develop their own AI infrastructure.
Fortunately for them, there's CoreWeave (NASDAQ: CRWV), which offers prospective AI developers access to the tools and hardware needed to develop AI without having to take on all the costs associated with it themselves.
Rent-a-lab
CoreWeave offers a line of products aimed at AI developers. For instance, CoreWeave ARENA, which is basically a rentable AI lab on the company's cloud.
In it, customers can test their AI program's performance, see how effectively it can scale, and how much it will cost. It runs on CoreWeave's own data center network, which spans North America and Europe. With access to CoreWeave's systems, start-up AI developers don't have to shell out loads of money to build their own data centers.
The company also offers a service called Slurm on Kubernetes or SUNK, which is an industry first. It allows customers to train their AI programs with CoreWeave's network. That's important because training new AI models wasn't cheap when OpenAI launched the first version of ChatGPT, and it's only becoming more expensive.
According to an Epoch AI study, the cost of training new AI models has been growing at a rate of 2 to 3 times annually for the past eight years. And if that rate continues, it could cost upwards of $1 billion just to train an LLM by 2027.
But with CoreWeave, smaller AI companies can train their AI faster and cheaper than the competition in some cases. Mistral AI, a French AI developer, trained its eponymous AI program fully on CoreWeave's cloud and was able to do it 2.5 times faster than it would have been able to manage on its own.
And it's not just smaller companies using CoreWeave's services either. International Business Machines is also a major customer, and it partnered with CoreWeave to develop and train its Granite models 1.8 times faster than it could prior to using CoreWeave's services.
OpenAI also uses CoreWeave to aid in the creation of its own models. It makes sense; they know firsthand how pricey developing AI is.
How does that translate to CoreWeave's financial results? Quite well, actually.
An AI growth machine
CoreWeave had a pretty incredible end to 2025.
While profitability eluded the company with its $606 million adjusted net loss, its revenue grew 168% over 2024 to hit $5.1 billion. And new business is flooding in.
The company grew its backlog 342% to $66.8 billion by the end of 2025. So, its services are clearly in very high demand.
Over half of that backlog is in long-term deals of 25 months or more, so revenue is set to continue coming in at a good clip moving forward.
CoreWeave is anticipating an even better 2026 and has set its full-year guidance at $12 to $13 billion. The low-ball for guidance is more than double its total revenue for 2025.
A tad optimistic? Maybe.
But even with fears of an AI bubble on the horizon spooking investors throughout 2025, CoreWeave still managed to grow at a remarkable pace. And with new deals coming in at an incredible rate, CoreWeave's growth guidance is likely attainable.
There's no shortage of demand, and CoreWeave has already locked in long-term partnerships with tech giants like IBM.
CoreWeave is already looking strong even while running at a loss. If it can achieve profitability in the relative short term, then it's likely to remain as an important piece of the AI market's infrastructure.
Give this one a look now, it's down from its all-time high in June 2025, but still up 81% from where it was at its initial public offering (IPO) in March 2025. With growth numbers like the ones it has been releasing, CoreWeave seems to be hitting its stride.
Should you buy stock in CoreWeave right now?
Before you buy stock in CoreWeave, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $522,791!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,132,678!*
Now, it’s worth noting Stock Advisor’s total average return is 952% — a market-crushing outperformance compared to 191% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of March 11, 2026.
James Hires has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This Artificial Intelligence (AI) Stock Has a $66 Billion Backlog. Here's Why It Could Soar in 2026.

The S&P 500 Index ($SPX) (SPY) is down -0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.88%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.11%. March E-mini S&P futures (ESH26) are down -0.42%, and March E-mini Nasdaq futures (NQH26) are down -0.26%.
Stocks are being undercut by today’s +6 bp rise in the 10-year T-note yield and the +4% rally in WTI crude oil prices. Crude oil prices are trading higher despite the IEA’s decision to release oil stockpiles.
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Stocks are seeing downward pressure as the Iran war drags on, with three vessels hit by missiles today in the Strait of Hormuz and the Persian Gulf, and new missile volleys hitting Israel.
However, tech stocks are seeing support from today’s positive AI news from Oracle.
Stocks showed little net reaction to the CPI report, which was in line with market expectations.
The oil market took in stride today’s decision by IEA members to release 400 million barrels of oil from strategic stockpiles, much larger than the 182 million-barrel release in 2022 following Russia's invasion of Ukraine. The release is designed to replace the oil lost due to the Strait of Hormuz shutdown and the subsequent production cuts by Persian Gulf oil producers, although it will take some time for the oil stockpiles to reach the market.
Today’s US Feb CPI report was exactly in line with market expectations. The Feb CPI rose +0.3% m/m and +2.4% y/y, while the Feb core CPI rose +0.2% m/m and +2.5% y/y. Today’s headline CPI report of +2.4% y/y was just 0.1 point above the 5-year low posted in April 2025, while today’s core CPI of +2.5% y/y matched the 5-year low posted in the two previous months. Even though the CPI figures are at or near 5-year lows, they are still above the Fed’s target of +2%. Moreover, inflation pressures will worsen in the coming months due to the recent spike in oil and fuel prices caused by the war in Iran.
Stocks were undercut today after JPMorgan Chase said it is restricting lending to private credit funds amid markdowns on some of its loans in the sector, hampering the sector's attempt to weather the current crisis. The $1.8 trillion private credit sector is struggling to cope with an investor exodus driven by unattractive returns and fears of more financial difficulties among portfolio borrowers.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed. The Euro Stoxx 50 is down -1.00%. China's Shanghai Composite closed up +0.25%. Japan's Nikkei Stock 225 closed up +1.43%, adding to Tuesday’s +2.88% recovery rally.
Interest Rates
June 10-year T-notes (ZNM6) are down by -16.5 ticks. The 10-year T-note yield is up +5.6 bp at 4.212%, adding to Tuesday’s rise of +6 bp. T-note prices are being undercut by today’s +4% rally in oil prices and the +3.6 bp rise in the 10-year inflation expectations rate to 2.386%. T-note prices are also being undercut by supply overhang ahead of the Treasury’s sale of 10-year T-notes today and 30-year bonds on Thursday. The T-note market largely ignored today’s CPI report as stale news, given the surge in oil and fuel prices since the Iran war began.
European government bond yields are sharply higher. The 10-year German bund yield is up +9.6 bp at 2.932%. The 10-year UK gilt yield is up +14.4 bp at 4.698%.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
The Magnificent Seven technology stocks are mixed, with Amazon.com (AMZN) showing a decline of more than -1% but Tesla (TSLA) showing a gain of nearly +2%.
Oracle (ORCL) is up more than +10% after reporting strong results and guidance indicating strong demand for AI computing.
The Oracle news is providing early support to the software and computing infrastructure sector, but most of those stocks have now turned lower. Datadog (DDOG) is up more than +2%. However, IBM (IBM) and Microsoft (MSFT) are both down about -0.8%.
Chip stocks also saw some support from the Oracle news, led by gains of more than +3% in Micron Technology (MU) and more than +2% in Intel (INTC). Nvidia (NVDA) is up +0.4%
Oil stocks are seeing support with today’s rally in oil prices. Marathon Oil (MPC) and Valero are up more than +4%. Occidental Petroleum (OXY), Devon Energy (DVN), and APA Corp (APA) are up more than +2%.
Nike (NKE) gave up an early advance and is now little changed after an upgrade from Barclays to overweight.
Campbell’s Co (CPB) is down more than -7% after cutting its full-year earnings guidance.
UniFirst Corp (UNF) is up more than +8% after Cintas agreed to buy the company in a deal worth $5.5 billion.
Earnings Reports(3/11/2026)
Campbell's Company (CPB).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The S&P 500 Index ($SPX) (SPY) is up +0.20%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.46%.
In an effort to stabilize energy markets disrupted by conflict in the Middle East, the International Energy Agency has authorized a record-breaking release of 400 million barrels of oil from its member nations' strategic reserves, surpassing its previous historic action taken in 2022.
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Oracle is rallying more than 10% after the company reported strong sales and issued optimistic guidance on demand for AI computing.
Stocks showed little net reaction to the CPI report, which was in line with market expectations. Stocks are seeing downward pressure as the Iran war drags on, with three vessels hit by missiles today in the Strait of Hormuz and the Persian Gulf, and with new volleys of missiles hitting Israel.
Today’s US Feb CPI report was exactly in line with market expectations. The Feb CPI rose +0.3% m/m and +2.4% y/y, while the Feb core CPI rose +0.2% m/m and +2.5% y/y. Today’s headline CPI report of +2.4% y/y was just 0.1 point above the 5-year low posted in April 2025, while today’s core CPI of +2.5% y/y matched the 5-year low posted in the two previous months. Even though the CPI figures are at or near 5-year lows, they are still above the Fed’s target of +2%. Moreover, inflation pressures will worsen in the coming months due to the recent spike in oil and fuel prices caused by the war in Iran.
Stocks were undercut today after JPMorgan Chase said it is restricting lending to private credit funds amid markdowns on some of its loans in the sector, hampering the sector's attempt to weather the current crisis. The $1.8 trillion private credit sector is struggling to cope with an investor exodus driven by unattractive returns and fears of more financial difficulties among portfolio borrowers.
Q4 earnings season is nearly over, with more than 95% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 492 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed. The Euro Stoxx 50 is down -1.04%. China's Shanghai Composite closed up +0.25%. Japan's Nikkei Stock 225 closed up +1.43%, adding to Tuesday’s +2.88% recovery rally.
Interest Rates
June 10-year T-notes (ZNM6) are down by -10.5 ticks. The 10-year T-note yield is up +2.7 bp at 4.183%, adding to Tuesday’s rise of +6 bp. The T-note market largely ignored today’s CPI report as old news, and instead focused on today’s +2.5 bp rise in the 10-year breakeven inflation expectations rate to 2.375%. T-note prices are being undercut by supply overhang ahead of the Treasury’s sale of 10-year T-notes today and 30-year bonds on Thursday.
European government bond yields are higher. The 10-year German bund yield is up +7.8 bp at 2.915%. The 10-year UK gilt yield is up +10.2 bp at 4.655%.
Swaps are discounting a 4% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
The Magnificent Seven technology stocks are trading mostly higher, led by a gain of more than +2% in Tesla (TSLA) and a gain of +0.8% in Nvidia (NVDA)
Oracle (ORCL) is up more than +12% after reporting strong results and guidance indicating strong demand for AI computing.
The Oracle news is providing support to the software and computing infrastructure sector, with Crowdstrike (CRWD) and Datadog (DDOG) posting gains of more than +3%. IBM (IBM) is up more than +1%, and Microsoft (MSFT) is up +0.6%.
Chip stocks are also seeing support from the Oracle news, led by gains of more than +2% in Intel (INTC) and Advanced Micro Devices (AMD). Nvidia (NVDA) is up +0.8%
Oil stocks are seeing support with today’s rally in oil prices. Marathon Oil (MPC) and Occidental Petroleum (OXY) are up more than +2%.
Nike (NKE) is up more than +1% after an upgrade from Barclays to overweight.
Campbell’s Co (CPB) is down more than -3% after cutting its full-year earnings guidance.
UniFirst Corp (UNF) is up more than +6% after Cintas agreed to buy the company in a deal worth $5.5 billion.
Earnings Reports(3/11/2026)
Campbell's Company (CPB).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Mixed as IEA Announces Historic Oil Reserve Release

International Business Machines Corporation IBM has joined hands with SEI Investments Company SEIC to speed up enterprise transformation using agentic AI, automation and modern technologies in order to improve operational efficiency. This partnership highlights IBM’s role in helping companies use AI and automation to create long-term value for clients.
Per the deal, IBM Consulting will work with SEI to review its systems and workflows using data-driven insights. The focus will be on advancing automation, process redesign, and enterprise-wide modernization. By streamlining routine tasks, automating client interactions, and ensuring consistent outcomes, the initiative aims to improve productivity and boost the overall client experience.
IBM’s watsonx Orchestrate is an integrated platform that helps organizations build and manage AI agents to automate tasks and improve decision-making while working smoothly with existing systems. It has also launched Enterprise Advantage to help businesses expand the use of agentic AI across hybrid cloud environments and move from small pilot projects to large-scale deployments using its expertise and AI tools.
The company is strengthening its agentic AI strategy through initiatives like the Agentic AI Innovation Center, where clients and partners can build and test AI agents. With its expanding AI platforms and consulting services, IBM continues to help organizations adopt AI and automation to improve efficiency and drive digital transformation.
How Are Competitors Performing on Agentic AI?
IBM faces competition from Microsoft Corporation MSFT and Alphabet Inc. GOOGL. Microsoft is expanding agentic AI through its Microsoft Copilot platform by adding AI agents that can automate tasks across apps like Word, Excel, Outlook and Teams. It is also introducing new tools and industry-specific AI agents to help businesses automate workflows and improve productivity. Microsoft has partnered with Tech Mahindra to launch an agentic AI platform built on Azure and Microsoft Fabric to help telecom companies automate decisions and modernize data operations.
Google is advancing its agentic AI through its Gemini platform, which allows AI agents to perform complex multi-step tasks and automate workflows for users and businesses. The company has also introduced tools like Gemini Enterprise and projects such as Project Mariner to help AI agents browse the web, complete tasks and improve productivity. Google Cloud partnered with Cognizant to deploy Google Gemini-based agentic AI solutions that help automate enterprise workflows and business operations.
IBM’s Price Performance, Valuation & Estimates
IBM shares have gained 1.8% over the past year compared with the industry’s growth of 103.8%.
Image Source: Zacks Investment Research
From a valuation standpoint, IBM trades at a forward price-to-sales ratio of 3.31, below the industry average of 4.41.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have increased 1.06% to $12.37 over the past 60 days, while the same for 2027 have increased 1.8% to $13.30.
Image Source: Zacks Investment Research
IBM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IBM Partners With SEI on Agentic AI: Will it Boost Profits?

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Value (Symbol: VONV) where we have detected an approximate $1.4 billion dollar inflow -- that's a 9.2% increase week over week in outstanding units (from 157,228,299 to 171,753,299). Among the largest underlying components of VONV, in trading today International Business Machines Corp (Symbol: IBM) is off about 0.6%, Linde PLC (Symbol: LIN) is down about 1.5%, and Intel Corp (Symbol: INTC) is lower by about 2.8%. For a complete list of holdings, visit the VONV Holdings page » The chart below shows the one year price performance of VONV, versus its 200 day moving average:
Looking at the chart above, VONV's low point in its 52 week range is $71.684 per share, with $99.34 as the 52 week high point — that compares with a last trade of $95.46. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
Preferred Stock Investing
VST RSI
Funds Holding FIA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy ETF Inflows: VONV, IBM, LIN, INTC

Key Points
Acquired 407,634 shares of Kyndryl (NYSE: KD) as of December 31, 2025; estimated trade size $10.83 million (based on quarterly average pricing).
Quarter-end position value increased by $10.83 million, reflecting the addition of new shares.
Position size change represents a 6.14% increase of 13F reportable assets under management as of December 31, 2025.
Post-trade stake as of December 31, 2025: 407,634 shares valued at $10.83 million.
New holding places KD outside the fund’s top five positions by value as of the filing.
On February 17, 2026, Solas Capital Management, LLC disclosed a new position in Kyndryl (NYSE:KD).
What happened
According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Solas Capital Management, LLC initiated a new position in Kyndryl, acquiring 407,634 shares. The estimated transaction value is $10.83 million, based on the average price during the quarter. This added stake resulted in a net position change of $10.83 million, reflecting the addition of new shares.
What else to know
This is a new position for the fund and represents 6.14% of its 13F reportable assets under management following the filing.
Top holdings as of the filing:
NASDAQ: FENC: $19.72 million (11.2% of AUM)
NASDAQ: EPSN: $16.45 million (9.3% of AUM)
NYSE: SNDA: $14.86 million (8.4% of AUM)
NASDAQ: ACOG: $12.79 million (7.3% of AUM)
NYSE: MOH: $11.86 million (6.7% of AUM)
As of February 17, 2026, shares of Kyndryl were priced at $13.59, down 67.5% over the past year, underperforming the S&P 500 by 79.4 percentage points.
Company overview
Revenue (TTM)
$15.12 billion
Net income (TTM)
$249.00 million
Market capitalization
$3.06 billion
Price (as of market close February 17, 2026)
$13.59
Company snapshot
Offers IT infrastructure services, including cloud, core enterprise, application, data and AI, digital workplace, security, and network solutions.
Generates revenue by providing managed technology solutions for enterprises.
Serves large organizations across financial services, telecommunications, retail, automotive, and transportation sectors.
Kyndryl operates as a technology services company and IT infrastructure services provider worldwide, supporting mission-critical operations for large enterprises. With a workforce of approximately 80,000 employees, it leverages its scale and expertise to deliver complex, end-to-end technology solutions. Kyndryl has a broad service portfolio and the ability to manage and modernize clients' IT environments on a global scale.
What this transaction means for investors
On the surface, Solas Capital’s interest in the stock appeared understandable. Tech investors probably know Kyndryl best as IBM’s former managed infrastructure business. The stock had achieved record highs in early 2025 only to give back much of the gains it had earned in the previous year.
Unfortunately, it looks like Solas Capital should have exercised more patience. The tech stock has lost nearly half of its value since the beginning of the year. The company announced in February that it would delay its 10-Q filing amid an accounting review. This led to the resignation of the company’s CFO and general counsel.
Additionally, the company issued disappointing guidance as sales cycles became longer, data sovereignty issues arose, and ongoing challenges involving its partnership with its former parent company, IBM, came to the surface.
Investment funds occasionally run into such issues when investing in individual stocks, and this is why most investment experts tend to emphasize diversification.
Ultimately, investors will have to wait to see whether Solas Capital sold its Kyndryl stock, doubled down, or held its position. Nonetheless, whatever happens, the fund’s next 13-F filing will likely be one to watch.
Should you buy stock in Kyndryl right now?
Before you buy stock in Kyndryl, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Kyndryl wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
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Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends International Business Machines and Kyndryl. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.