Nebius Return Rate
Microsoft$ServiceNow(NOW.US) International Business Machines Corp (IBM.N) shares fall ~18% in pre-market trading on Tues after the co announces preliminary Q2 revenue below analyst estimates. The company expects Q2 revenue of $17.2 bln, below the consensus estimate of $17.86 bln, per data compiled by LSEG. With many using IBM as the industry threshold, a significant pullback like this will definitely affect other software stocks as well, with Microsoft down 3%, Salesforce down 5% and Servicenow down 8% respectively following the news. Besides, with Trump declaring war once more, data center and software stocks have been dealing with bearish pressure and sliding down even more. My course of action is to ride out this downturn. @Captain's Treasure
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