Core Insights - IBM has announced the launch of three new AI agents on the Oracle Fusion Applications AI Agent Marketplace aimed at enhancing operational efficiency for Oracle Fusion Cloud Applications customers [1][4] - The new agents are built using Oracle AI Agent Studio and are designed to automate processes and workflows within Oracle Fusion Applications [1][5] - IBM plans to introduce additional agents for HR and supply chain, expanding its offerings in the Oracle ecosystem [1][2] Summary by Categories New AI Agents - The three new AI agents include: - Intercompany Agent: Automates the review of intercompany agreements [5] - Smart Sales Order Entry Agent: Streamlines the sales-order creation process by generating relevant data for the order-to-cash process [5] - Requisition to Contract Agent: Manages the workflow of converting purchase requisitions to contract purchase orders [5] Technology and Development - The agents are developed on IBM watsonx Orchestrate, an enterprise-grade AI solution that supports the deployment and governance of AI agents [2] - Watsonx Orchestrate operates on Red Hat OpenShift AI, providing a multi-agent approach that integrates with Oracle's AI offerings [2] Strategic Partnership - The collaboration between IBM and Oracle aims to leverage their combined expertise in enterprise AI and business transformation to drive innovation and competitive advantage for clients [1][4] - Oracle plans to make the IBM Granite 4.0 family of AI models available through its Oracle Cloud Infrastructure Data Science [2]

Core Insights - IBM is expanding its investments and collaborations in the UAE and the Middle East, focusing on artificial intelligence as a key driver for productivity, competitiveness, and high-quality economic growth [1] - The company showcased innovations in generative artificial intelligence and AI governance at GITEX GLOBAL 2025, aligning with the UAE's national strategy for building a sustainable digital economy [1] - IBM has been participating in GITEX since 1981, witnessing and contributing to the development of the UAE's information technology industry over the past four decades [1]

Core Insights - IBM has signed a definitive agreement to acquire Cognitus, a company based in Dallas, Texas, specializing in SAP S/4HANA services with industry-specific and AI-driven solutions [1] Group 1: Acquisition Details - The financial details of the transaction have not been disclosed [1] - Cognitus will enhance IBM's SAP capabilities in complex and regulated industries such as aerospace and defense, energy and utilities, and manufacturing [1] Group 2: Strategic Benefits - The acquisition will bring critical SAP skills to IBM, including expertise in SAP's RISE and GROW initiatives, along with a range of valuable software assets [1]

Core Insights - IBM has generated approximately $1 billion in bookings from its quantum computing business, showcasing its long-standing commitment to this technology [1] - The company aims to achieve full-scale, fault-tolerant quantum computers within the next decade, positioning quantum computing as a significant growth driver [2] Quantum Computing Roadmap - IBM's strategy involves integrating quantum computers with classical computing methods, as evidenced by a recent collaboration with HSBC that enhanced bond trading processes through machine learning [4] - The company plans to demonstrate quantum advantage by the end of 2026 and aims to develop the first fault-tolerant quantum computer by 2029, addressing the critical issue of quantum bit stability [5] - IBM anticipates scaling its quantum computers to 2000 quantum bits by 2033, with applications in security, chemistry, and machine learning once fault tolerance is achieved [6] Market Potential - The quantum computing market is projected to reach nearly $100 billion by 2035, indicating a substantial opportunity for IBM to establish a multibillion-dollar business [7] - IBM's extensive experience in quantum computing provides a foundation for investor confidence in its ability to deliver on its ambitious roadmap [7]

Market Overview - Major averages are experiencing a rebound, with the Dow up approximately 350 points (0.75%), the S&P up nearly 1%, and the Nasdaq up about 1.1% [2] - The Russell 2000 index has reached a new record high, increasing by about 1.4% for the session and up 13% year-to-date [3] Banking Sector Performance - Bank of America and Morgan Stanley reported stronger-than-expected third-quarter results, driven by a surge in deal-making on Wall Street [8] - Morgan Stanley achieved a record quarter in its equity underwriting business, while Bank of America set a record for its lending margin and net interest income [9][10] - Goldman Sachs reported over $1 trillion in M&A volume advised year-to-date, indicating strong performance across major banks [10] - Analysts expect street estimates for bank earnings to rise for 2026, reflecting positive trends in loan demand and credit quality [12][15] Trade Tensions and Economic Implications - U.S. Treasury Secretary and U.S. Trade Representative criticized China for new restrictions on rare earth exports, labeling it as economic coercion [28][29] - The U.S. aims to diversify supply chains rather than decouple from China, with ongoing discussions at staff levels [30] - President Trump indicated potential retribution against China regarding cooking oil imports, which could impact U.S. farmers [32][39] ETF Market Trends - ETF net inflows surpassed $1 trillion, significantly ahead of last year's total, with strong interest in thematic and fixed-income ETFs [82][83] - The shift from mutual funds to ETFs is evident, with significant inflows into S&P 500 index-based products and thematic ETFs related to artificial intelligence and nuclear energy [84][86] - Retail investors are driving demand for thematic strategies, indicating a resurgence in retail-driven trading [88] Oil Seed Processing Sector - Bungi, a major oil seed processor, reported positive earnings and updated guidance, benefiting from potential reductions in Chinese used cooking oil imports [40][41] - The sector is expected to gain from a shift away from Chinese imports, with companies like ADM and Darling Ingredients also positioned to benefit [42]

Core Insights - The current AI investment landscape is characterized by a mix of optimism and caution, with some executives believing in a transformative potential while others warn of speculative bubbles [2][10][12]. Industry Overview - Global AI spending is projected to exceed $1 trillion by 2030, indicating significant growth potential [4]. - Major tech companies, including Microsoft, Google, Amazon, Oracle, and Meta, are collectively investing over $200 billion annually in capital expenditures to support AI development [4]. - The demand for computing power is likened to the historical significance of oil, with electricity, land, and GPUs being viewed as essential resources for progress [5]. Executive Perspectives - Jensen Huang of Nvidia reports a substantial increase in computing demand over the past six months, reflecting strong market interest [6]. - Lisa Su of AMD expresses confidence in AI's potential, suggesting a long-term "supercycle" rather than a fleeting trend [6]. - Mark Zuckerberg of Meta acknowledges the possibility of an AI bubble but emphasizes the risks of underinvestment [7]. - Jeff Bezos views the current boom as an "industrial bubble" that could yield lasting benefits despite speculative elements [9]. - Jamie Dimon of JPMorgan Chase warns about the risks associated with inflated AI valuations and the potential for capital losses [10]. - Michael Dell sees real and compounding demand for computing, though he acknowledges the risk of oversupply in the future [11]. - Pat Gelsinger of Intel recognizes the current hype but believes it will not burst for several years, emphasizing industrial leverage [12]. - David Solomon of Goldman Sachs draws parallels to the late-'90s tech boom, cautioning about potential market corrections [13]. - Arvind Krishna of IBM anticipates a long-term productivity revolution driven by AI, despite short-term underwhelming impacts [14]. - Safra Catz of Oracle reports significant growth in contracts and backlog, indicating strong demand for AI solutions [15]. - Larry Fink of BlackRock believes the current investment wave in AI is well-founded and will yield significant winners and losers [16]. - Warren Buffett expresses concern about the rapid advancement of AI and its implications for pricing and market dynamics [17]. - Rajiv Jain warns about the potential for artificial revenue creation in AI companies, drawing comparisons to past market bubbles [18].

Core Viewpoint - Morgan Stanley's research report highlights the market's focus on IBM's third-quarter software business performance and the company's guidance for full-year free cash flow [1] Software Business Performance - Despite facing tougher year-over-year comparisons, organic growth in IBM's software business accelerated in the third quarter, which is seen as a positive signal [1] Free Cash Flow Guidance - Morgan Stanley expects IBM's management to reaffirm its guidance of over $13.5 billion in free cash flow for 2025, with the firm estimating it at $13.9 billion [1] - If IBM achieves approximately $2.3 billion in free cash flow for the third quarter, it would enhance market confidence in reaching the annual free cash flow expectation of $13.8 billion to $14 billion [1] Rating and Target Price - Morgan Stanley maintains a "Market Perform" rating on IBM and raises the target price to $256 [1]

Key Takeaways IBM benefits from robust hybrid cloud and AI demand, strengthened by its HashiCorp acquisition.Intel is advancing its IDM 2.0 plan with new AI chips, U.S. funding and strategic global partnerships.Despite Intel's stock surge, IBM's stable cash flow and SaaS focus make it the stronger near-term pick.International Business Machines Corporation (IBM) and Intel Corporation (INTC) are tech legacy firms pivoting toward cutting-edge growth areas, including cloud computing and AI (artificial intellige ...

Core Insights - The 3D IC market is projected to grow from USD 16.85 billion in 2025 to USD 50.19 billion by 2033, with a CAGR of 14.64% from 2026 to 2033 [1][7] - The market is driven by the increasing demand for high-performance and energy-efficient chips across various applications, including AI, 5G, HPC, and smartphones [1] Market Size and Growth - The U.S. 3D IC market is estimated at USD 4.75 billion in 2025 and is expected to grow at a CAGR of 14.33%, reaching USD 13.86 billion by 2033 [2] Key Segmentation By 3D Technology - Wafer-level packaging is expected to hold the largest market share at 68.23% in 2025, driven by trends in miniaturization and cost savings [8] - System integration is projected to be the fastest-growing technology with a CAGR of 14.79% due to rising demand for heterogeneous integration [8] By Product - Sensors are anticipated to lead the market with a 33.14% share in 2025, crucial for real-time data processing in various applications [9] - The memories segment is expected to grow the fastest, with a CAGR of 15.33%, driven by the needs of cloud computing and AI [9] By Application - The ICT/Telecommunication segment is expected to dominate with a 34.65% share in 2025, fueled by high-speed networking and 5G adoption [10] - Consumer electronics are projected to witness the fastest growth at a CAGR of 15.92%, driven by advanced smartphones and gaming systems [10] By Component - The Through Silicon Vias (TSVs) segment is projected to hold the largest share at 46.32% in 2025, known for better interconnections and lower power consumption [11] - The Through Glass Vias (TGVs) segment is expected to grow at the fastest CAGR of 15.16% due to superior electrical properties [12] Regional Insights - North America is expected to dominate the 3D IC market in 2025, accounting for 39.12% of revenue, driven by R&D in AI and cloud computing [13] - The Asia Pacific region is projected to experience the fastest growth from 2026 to 2033, with a CAGR of 15.45%, supported by a strong semiconductor manufacturing base [13] Leading Market Players - Key players in the 3D IC market include IBM, ASE Technology Holding Co. Ltd., STMicroelectronics, SAMSUNG, Taiwan Semiconductor Co. Ltd., TOSHIBA CORPORATION, Micron Technology Inc., MonolithIC 3D Inc., Intel Corporation, TEZZARON, Amkor Technology, Jiangsu Changdian Technology Co. Ltd., and United Microelectronics Corporation [5]

Accessibility StatementSkip Navigation NEW DELHI and MUMBAI and ARMONK, N.Y., Oct. 15, 2025 /PRNewswire/ -- Bharti Airtel, one of India's leading telecommunications service providers has entered into a strategic partnership with IBM (NYSE: IBM) to augment its recently launched Airtel Cloud. The partnership is expected to bring together the telco-grade reliability, high security, and data residency of Airtel Cloud with IBM's leadership in cloud solutions, and advanced infrastructure and software technologi ...