CEO Arvind Krishna indicated that IBM is helping clients in artificial intelligence.
IBM beats on top and bottom lines as CEO Krishna touts 'Super Intelligence' traction
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Tesla to report earnings after Elon Musk floats SpaceX merger plan
Billionaire, on SpaceX earnings call, says ‘special committees’ exploring idea but no agreement reached yet As SpaceX released its second-ever public earnings report on Tuesday, Elon Musk declared his support for combining the aerospace and AI company with his electric vehicle company, Tesla. He said both companies had created special committees to explore a potential merger, but have not reached any agreement on terms of a transaction. “Both SpaceX and Tesla have formed special committees to discuss this idea at the request of shareholders and these special committees are, uh, consist of independent directors,” Musk said on the call. “Because I’m a conflicted party, I can’t actually be in the discussions of the special committees.” Continue reading...
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Tesla reported better-than-expected third-quarter results.
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Southwest Airlines cuts 2026 profit forecast on higher fuel
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices.