Wednesday, December 28, 2022

As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety (Jordan Novet/CNBC)

Jordan Novet / CNBC:
As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety  —  - IBM is up 6% in 2022, topping every large-cap tech stock.  — The company has bolstered its consulting business …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...