U.S. stock markets experienced a significant downturn today, with both the S&P 500 and the Nasdaq indices declining. This marks their most substantial drop in over three months. The decline was largely driven by heightened risk-off sentiment, exacerbated by President Donald Trump’s renewed tariff threats related to Greenland. This sell-off wiped out around $700 billion from the market capitalization of major stocks, including Nvidia and Apple.The Nasdaq slid 2.39% to 22,954.32, while the S&P 500 dropped 2.0 ...

With increased volatility could come an opportunity to pick up a steady dividend stock at a slightly lower price and perhaps a few more basis points of yield. ...

Core Insights - IBM has partnered with e& to develop an enterprise-grade agentic AI foundation focusing on policy, risk, and compliance, enhancing its position as a trusted AI partner globally [1][8] Group 1: IBM's AI Solutions - IBM's agentic AI solution is powered by watsonx Orchestrate, featuring over 500 tools and customizable AI agents to assist employees and auditors in navigating legal and compliance information [2][8] - The watsonx Orchestrate platform enables AI agents to reason, manage tasks, and integrate with enterprise systems while adhering to governance rules, streamlining compliance workflows and providing 24/7 self-service access [3][8] - IBM is collaborating with Datavault AI to deliver enterprise-grade AI at the edge using the SanQtum AI platform, further solidifying its leadership in enterprise AI [4] Group 2: Competitive Landscape - IBM faces competition from Oracle, which has launched an AI Data Platform and Agent marketplace to enhance AI adoption, and has partnered with NVIDIA to integrate AI tools into Oracle Cloud [5] - Microsoft is investing significantly in expanding AI data centers and cloud capacity, partnering with various companies to accelerate enterprise AI growth [6] Group 3: Financial Performance and Valuation - IBM shares have increased by 36.3% over the past year, while the industry has seen a growth of 94.3% [7] - IBM's forward price-to-sales ratio stands at 4.05, which is below the industry average [9] - Earnings estimates for 2025 remain stable at $11.38, while estimates for 2026 have increased by 0.3% to $12.19 [10]

The Dow Jones Industrial Average (^DJI) was down 559.24 points (-1.13%) today, January 20th, 2026, reflecting a broad market downturn. This significant decline was primarily driven by escalating geopolitical tensions following President Donald Trump's threat to impose new tariffs on eight NATO allies over their opposition to his desired purchase of Greenland. The prospect of a new trade war between the U.S. and Europe rattled investor confidence, leading to a widespread sell-off across equities and a flight ...

①【三大期指齐跌】截至发稿，道指期货跌1.64%，标普500指数期货跌1.82%，纳指期货跌2.25%。 ②【欧洲考虑抛售万亿美元资产，热门科技股普跌】热门科技股盘前普跌。截至发稿，英伟达下跌 3.06%，特斯拉下跌2.88%，美光下跌2.08%，AMD下跌3.51%，亚马逊下跌3.08%，谷歌下跌3.22%。消 息面上，特朗普通过社交媒体宣布，从2月1日起，美国将对包括丹麦、德国、法国、英国等8个欧洲国 家加征10%关税。欧洲国家正考虑采取报复性关税及更广泛的经济反制措施，包括数万亿美元级别的资 产抛售。 ⑥【黄金首次站上4700美元关口】1月20日，黄金期现货价格双双冲上4700美元。截至发稿，哈莫尼黄 金上涨5.8%，黄金原野上涨5%，巴里克矿业上涨3.9%，纽蒙特股价上涨3.4%。黄金现货价格报4732.85 美元/盎司，黄金期货报4741.54美元/盎司。白银现货价格也触及95.5美元/盎司历史新高，现报95.24美 元/盎司。 ⑦【必和必拓上调2026财年铜产量预期】1月20日，必和必拓公布了其2026财年第二财季的部分关键产 品产量数据：当季铜产量为49.05万吨，同比下降4%；铁矿石产量达69 ...

美国银行证券分析师Wamsi Mohan发表研报，将IBM(IBM.US)目标价从315美元上调至335美元，同时维 持"买入"评级。该行表示，IBM拥有强劲的自由现金流前景，同时高利润率软件业务占比提升，这将抵 消短期面临的不利因素。 ...

在经历了强劲的2025财年后，美银分析师预计IBM将迎来较为平缓的一年，这主要是由于2025财年末业 绩趋弱以及2026财年面临的若干挑战。分析师预测，在IBM于当地时间1月28日公布2025财年第四季度 财报时，人员结构调整措施可能导致税前利润率有所收窄。 "对于2026财年，IBM可能指引软件业务按固定汇率计算增长约10%，咨询业务实现低个位数增长，基 础设施业务持平，整体按固定汇率计算的增长率约为5%(有机增长率约4%)。Confluent交易预计将于年 中完成，我们预计将为软件收入带来约2%的非有机增长贡献。我们调整了2026财年预测数据，以反映 约0.40美元的每股收益稀释，但对自由现金流影响甚微。我们预测2025财年自由现金流为140亿美元， 预计2026财年指引将达150亿美元左右，保持130%的净收入与自由现金流比率。整体而言，鉴于人员结 构优化及软件业务增长放缓，我们对第四季度持谨慎态度。但基于更高利润率的软件收入、强劲的自由 现金流增长以及量子计算带来的潜在机遇，我们重申'买入'评级，"美银在报告中总结道。 美银预计，第四季度人员结构优化相关支出将达约4亿美元，这可能使2025全年税前利润 ...

Submitted by Tight SpreadsThe DOE has been flooding their sites with white-papers and latest Fusion Science and Technology Roadmap (FS&T Roadmap) are not just a scientific plan, but an industrial policy designed to transition fusion from the laboratory to the commercial market by the mid-2030s. The DOE has prioritized its actions to align with the aggressive “fast-track” development cycles of nuclear fission and fusion companies:Near-Term (Next 2-3 Years): Digitalization & Infrastructure PrepAI-Fusion Conve ...

Quantum computing is the next big thing in tech, but you don't need to invest in any risky start-ups to profit from it.Quantum computing used to be one of those things you only read about in a science fiction novel, along with faster-than-light travel or teleportation. It might be part of everyday talk on the Starship Enterprise, but it's not real, right?Turns out it's very real, and it's one of the fastest-growing industries out there. McKinsey estimates the quantum computing market could grow from about $ ...

Core Insights - IBM's Infrastructure segment has shown strong profit growth driven by product innovation and the adoption of the z17 program, with a focus on AI use cases resonating with clients [1][7] - The demand for IBM's infrastructure services is increasing due to the rise in traditional cloud-native workloads and generative AI deployment, leading to complex infrastructure strategies [2] - The acquisition of HashiCorp has enhanced IBM's capabilities in managing complex cloud environments, complementing IBM Red Hat's portfolio [3][7] Financial Performance - IBM's Infrastructure profit increased to $644 million in Q3 2025 from $422 million in the same quarter last year, with profit margins improving to 18.1% from 13.9% [3][7] - IBM's forward price-to-sales ratio stands at 4.05, which is below the industry average of 5.02 [8] Market Position - IBM's stock has risen 36% over the past year, while the industry has seen a growth of 96.9% [6] - The Zacks Consensus Estimate for IBM's earnings for 2025 has remained stable over the past 60 days [9]