IBM shares drop despite earnings beat

Posted on July 23, 2025 by Techme101

IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.

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ServiceNow lifts guidance on AI growth

Posted on July 23, 2025 by Techme101

“Every business process in every industry is being refactored for agentic AI,” said ServiceNow chairman and CEO Bill McDermott in a release.

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Tesla profits pulled down by falling EV sales and regulatory credits

Posted on July 23, 2025 by Techme101

Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.

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Trump’s AI Action Plan aims to block chip exports to China but lacks key details

Posted on July 23, 2025 by Techme101

The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.

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Former Y Combinator, a16z experts hold invite-only summit for founders

Posted on July 23, 2025 by Techme101

An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.

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Open source X rival Mastodon begins raising funds with new in-app donation feature

Posted on July 23, 2025 by Techme101

Mastodon is experimenting with a new way to raise money: in-app donation banners.

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Texas Instruments stock falls 12% as CEO warns of tariff concerns

Posted on July 23, 2025 by Techme101

CEO Haviv Ilan said that some of the second-quarter strength may have come from a pull forward in demand to acquire inventory ahead of tariffs.

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Tesla set to report second-quarter earnings after the bell

Posted on July 23, 2025 by Techme101

Tesla’s second quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.

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Alphabet to report Q2 earnings after the bell

Posted on July 23, 2025 by Techme101

The company made a number of AI announcements during the quarter.

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Trump’s AI strategy trades guardrails for growth in race against China

Posted on July 23, 2025 by Techme101

The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and toward a focus on speed, sovereignty, national security, and competing with China.

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