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IBM shares set for 22% plunge as clients race toward AI servers

IBM (IBM) is in focus after the company's shares were set to plunge 22%, with chief executive Arvind Krishna acknowledging the company "faltered" as clients redirected budgets toward servers and storage built for…

NM
NewsMV Markets Desk
3 min read
21 July 2026Markets desk
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Bayer's sevabertinib cleared for first-line use in HER2-mutated NSCLC under U.S. accelerated approval

U.S. regulators have granted accelerated approval to sevabertinib, Bayer's (BAYRY) targeted therapy for HER2-mutated non-small cell lung cancer, clearing it as a first-line treatment option in that genetically defined…

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Independence Realty Trust to buy Centerspace in $8.1 billion all-stock multifamily deal

An all-stock agreement will merge Independence Realty Trust (IRT) and Centerspace into an $8.1 billion multifamily REIT with roughly 44,000 units spanning the Sun Belt, Midwest, and Mountain West. IRT will absorb 47…

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Apple Watch Live Rewind in focus as AAPL adds AI speech recall to the wrist

The AI-powered Live Rewind feature on the latest Apple Watch gives users a rolling 15-second text transcript of surrounding speech, surfaced on demand. The addition moves Apple (AAPL) into real-time speech recall

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NewsMV Markets Desk
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