SF Jul 23, 2026 · 7:43 AM

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IBM's CEO says the mainframe isn't dying but the numbers are doing him no favors

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IBM's CEO says the mainframe isn't dying but the numbers are doing him no favors

IBM's worst single-day stock drop in decades followed a 42% collapse in Z mainframe sales. CEO Arvind Krishna says customers just temporarily redirected budgets toward AI-driven hardware purchases, but the full-year guidance cut tells a more cautious story.

Janet Harrison

5 min read

484 reads

Houthis hit two Saudi oil tankers and send Brent crude past $94 on the same day Riyadh signed a US nuclear deal

5 min read · 525 reads

Houthis hit two Saudi oil tankers and send Brent crude past $94 on the same day Riyadh signed a US nuclear deal

Trump's Saudi nuclear deal hands a tinderbox region the tools for an arms race

5 min read · 548 reads

Trump's Saudi nuclear deal hands a tinderbox region the tools for an arms race

UK Parliament opens inquiry into banks blocking crypto payments as £1 billion in transactions gets rejected

4 min read · 546 reads

UK Parliament opens inquiry into banks blocking crypto payments as £1 billion in transactions gets rejected

Intel and AMD are locking Chinese AI data centers into multi-year CPU deals as a 40% price surge signals a shortage nobody saw coming

5 min read · 651 reads

Intel and AMD are locking Chinese AI data centers into multi-year CPU deals as a 40% price surge signals a shortage nobody saw coming

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