IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
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IBM earnings top estimates, acquiring HashiCorp for $6.4B
IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market...
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4, 4, 6, 4, 6, 6: Jake Fraser-McGurk On Rampage In Over vs India Star As He Slams Fastest 50 Of IPL 2024
It was an absolute run-fest in Delhi on Saturday as SunRisers Hyderabad went past 250 for the third time in the IPL 2024. With the help of some tremendous hitting from Travis Head, Abhishek Sharma and Shahbaz Ahmed, SRH put up an intimidating total of 267/6 in 20 overs. However, DC put up a strong fight with youngster Jake Fraser-McGurk taking a leading role. He came out all guns blazing scoring a 15-ball half century, the fasted in IPL 2024 this season. It's the joint third-fastest fifty in the...
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IBM stumbles as Q1 results miss expectations; confirms HashiCorp deal (IBM)
IBM (IBM) shares fell in extended-hours trading after the tech giant reported first-quarter revenue that missed expectations. Read for more.