WS #10522
IBM surges 4% on JPMorgan upgrade and quantum support; Oracle cuts 21k jobs with $1.8B restructuring costs as AI pivot accelerates. Blackstone plans to invest $30 billion in AI data centers in Japan over the next 3-5 years.
Tech sector divergence: IBM upgrade vs Oracle restructuring
IBM surges 4% on JPMorgan upgrade and quantum support; Oracle cuts 21k jobs with $1.8B restructuring costs as AI pivot accelerates.
Blackstone plans to invest $30 billion in AI data centers in Japan over the next 3-5 years.