From Nasdaq: 2024-05-03 04:12:00

In a recent podcast, Motley Fool analysts discussed IBM’s potential acquisition of HashiCorp and Meta’s recent earnings that gave the market pause. IBM’s acquisition could help grow their business by offering hybrid cloud solutions, while Meta’s stock saw a sell-off due to not meeting market expectations. The tech industry is experiencing volatility, with rich valuation multiples leading to potential sell-offs. IBM’s role in AI and cloud solutions may not be at the forefront of innovation, but they continue to generate revenue and free cash flow. Meta’s revenue was up 27% year-over-year, but the market reacted negatively to weaker guidance and sequential growth. Stay tuned for more updates on tech industry trends and market reactions on Motley Fool Money.



Read more at Nasdaq: IBM’s Deal and Meta’s Report