NVIDIA Corporation

Netflix, Inc.

Warner Bros. Discovery, Inc.

PayPal Holdings, Inc.

International Business Machines Corporation

Paramount Skydance Corporation

Nvidia reported a 73% jump in quarterly revenue thanks to demand for data center chips and gave a forecast above market expectations. Revolut is preparing a new round of funding and expects a valuation in excess of $100 billion before a possible IPO. Stripe is considering buying PayPal, while Netflix gave up the fight for Warner Bros. Discovery - it ended up being bought by Paramount Skydance for $110 billion . About the main events from February 23 to 27 - in our review.

Highlights of the week: record Nvidia revenue, a new round of Revolut, and IBM's worst day ever

Market fears for future of IBM technology after announcement of new AI tool from Anthropic

IBM stock had its worst day in 26 years. Why does Wall Street believe in 45% growth?

FedEx Corporation

Uber Technologies, Inc.

Bitcoin fell below $63,000, losing 27% YTD and about 50% of its October record. Shipping company FedEx filed a lawsuit against the U.S. government, demanding the return of duties, which the Supreme Court recognized as illegal. These and other topics - in the review of key events by the morning of February 24.

CrowdStrike Holdings, Inc.

Microsoft Corporation

Walmart Inc.

One of the blows to the market came from a Citrini Research report claiming that the AI boom could unleash unemployment as high as 10%

A new wave of soft-apocalypse and fears over duties: US indices lost more than 1%

Shares of systems integrator International Business Machines (IBM) plunged more than 13% in trading Monday, falling below the $223 mark. Investors began selling the company's securities after AI startup Anthropic <a href="https://claude.com/blog/how-ai-helps-break-cost-barrier-cobol-modernization">announced</a> that its Claude Code model now supports Common Business-Oriented Language (COBOL) programming.

IBM shares crash 13%: Anthropic's AI has mastered ATM 'language'

Kyndryl Holdings, Inc.

The company identified "weaknesses" during an accounting audit that resulted in the loss of their positions as Kyndryl's CFO and legal counsel

Kyndryl spun off from IBM folded in half in a day: shares collapsed on accounting review

Confluent, Inc.

This could be one of the biggest deals for IBM in recent years

IBM discusses buying Confluent for $11 bln. mid-cap company's shares soar 33%

IBM securities jumped almost 3% in trading on November 21

The analyst advised to buy IBM shares. He believes that the market undervalues the company

Bank of America Corporation

Zillow Group, Inc.

All of the companies in Goldman's sample have high employee costs and are already implementing AI to improve productivity

Goldman: banks and traditional companies will be the beneficiaries of the next phase of the AI boom

Advanced Micro Devices, Inc.

Micron Technology, Inc.

This is a step towards commercialization of quantum computers

AMD chips will help IBM make a breakthrough, Reuters wrote. Both stocks hit record highs

Meta Platforms, Inc.

Reddit, Inc.

Brent crude oil futures soared almost 6% after new US sanctions affected Russia's largest crude producers. Meta laid off about 600 employees from its AI division. IBM posted gains: beating Wall Street forecasts, raising its full-year revenue guidance and reporting a record $9.5 billion in AI orders in its portfolio, while shares plummeted. These and other topics - in the review of key events for the morning of October 23.

Highlights for the morning: new US sanctions, Meta cuts AI staff, IBM grows, Reddit sues

Tech company plans to integrate AI startup Anthropic's neural networks into its products