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In early trading on Friday, shares of Sherwin-Williams topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.8%. Year to date, Sherwin-Williams has lost about 0.5% of its value.

And the worst performing Dow component thus far on the day is Salesforce, trading down 2.3%. Salesforce is lower by about 38.6% looking at the year to date performance.

Two other components making moves today are International Business Machines, trading down 2.2%, and Goldman Sachs Group, trading up 1.7% on the day.

VIDEO: Dow Movers: CRM, SHW

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Microsoft Corporation (NASDAQ:MSFT) is one of the Good Stocks to Invest in Now. On June 2, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) announced a new quantum computing chip called Majorana 2. The chip is redesigned using AI and is set to be commercially useful for quantum computing by 2029.

​This move puts Microsoft in direct competition with IBM. Management noted that the most notable changes to Majorana 2 are its use of lead instead of aluminum for its superconducting components. The company used AI-developed materials science tools to make the switch, resulting in a 1,000-fold improvement in certain performance metrics.

​One of the key challenges was preventing lead from washing away during the manufacturing process. Microsoft says it has solved the problem now. Reuters noted that Microsoft joins IBM, Google, Amazon, and several Chinese efforts in a race to build quantum systems capable of solving problems in medicine, chemistry, and cybersecurity that would take conventional computers thousands of years to crack.

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.

While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 9 Most Undervalued Foreign Stocks to Buy Now and 10 Most Undervalued US Stocks According to Hedge Funds.

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This article first appeared on GuruFocus.

Alphabet (GOOGL, Financials) has offered new details on why it chose not to participate in the Trump administration's $2 billion quantum computing initiative, despite growing competition between the U.S. and China in the emerging technology.

Is GOOGL fairly valued? Test your thesis with our free DCF calculator.

Speaking at the Semafor Tech Summit, Google Quantum AI COO Charina Chou said the company passed on the funding because some of the attached conditions would have limited its ability to move at the pace it believes is necessary to develop practical quantum computing systems.

While Google did not disclose the specific requirements tied to the program, Chou emphasized that the company continues to work with government agencies in other areas and supports broader investment in basic quantum research.

The decision stood out because several major industry players, including IBM, GlobalFoundries, Rigetti Computing, PsiQuantum and Infleqtion, joined the initiative. Microsoft and IonQ were also absent from the list of funding recipients.

For investors, the announcement underscores Google's confidence in its own quantum roadmap and financial resources. Rather than relying on government funding, the company appears focused on maintaining flexibility as the race to build commercially viable quantum computers accelerates.

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IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this technology and consulting company have returned +25.9%, compared to the Zacks S&P 500 composite's -0.2% change. During this period, the Zacks Computer - Integrated Systems industry, which IBM falls in, has gained 16.6%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings Estimates

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

IBM is expected to post earnings of $2.95 per share for the current quarter, representing a year-over-year change of +5.4%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $12.38 points to a change of +6.8% from the prior year. Over the last 30 days, this estimate has changed -0.1%.

For the next fiscal year, the consensus earnings estimate of $13.42 indicates a change of +8.4% from what IBM is expected to report a year ago. Over the past month, the estimate has changed +0.5%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for IBM.

Story Continues

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS12-month consensus EPS estimate for IBM

Projected Revenue Growth

While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For IBM, the consensus sales estimate for the current quarter of $17.86 billion indicates a year-over-year change of +5.2%. For the current and next fiscal years, $71.53 billion and $74.87 billion estimates indicate +5.9% and +4.7% changes, respectively.

Last Reported Results and Surprise History

IBM reported revenues of $15.92 billion in the last reported quarter, representing a year-over-year change of +9.5%. EPS of $1.91 for the same period compares with $1.6 a year ago.

Compared to the Zacks Consensus Estimate of $15.68 billion, the reported revenues represent a surprise of +1.49%. The EPS surprise was +5.52%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

Valuation

Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

IBM is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Conclusion

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about IBM. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

International Business Machines Corporation (IBM) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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This article first appeared on GuruFocus.

Alphabet (NASDAQ:GOOGL) is staying out of President Donald Trump's $2 billion quantum computing funding initiative, and the decision could say as much about speed as it does about strategy. Speaking at the Semafor Tech Summit in San Francisco on June 10, Google Quantum AI COO Charina Chou said Google declined to join because various conditions that came with the funding could have slowed the company's push to build a practical quantum computer.

Warning! GuruFocus has detected 6 Warning Signs with TSLA. Is GOOGL fairly valued? Test your thesis with our free DCF calculator.

The exact conditions have not been disclosed, but the broader goal was clear: strengthen the U.S. quantum ecosystem and counter China's rapid advances in the field. The program was structured as letters of intent rather than final agreements, with International Business Machines (NYSE:IBM), GlobalFoundries (NASDAQ:GFS), Quantinuum, PsiQuantum, Rigetti Computing (NASDAQ:RGTI), and Infleqtion (NYSE:INFQ) among the listed beneficiaries. Chou added that Google still works with Washington in other ways and supports more funding for basic quantum research.

For investors, the bigger story could be the widening split over how quantum computing should be funded, scaled, and protected. PsiQuantum co-founder Pete Shadbolt defended public investment, saying it was really natural because quantum technology has national security implications, while IBM executive Scott Crowder said IBM expects its first scalable quantum system by 2029. The comments also help explain why Alphabet, Microsoft Corporation (NASDAQ:MSFT), and IonQ (NYSE:IONQ) were missing from the nine recipients announced in May 2026. Alphabet stock was trading about 2.51% lower at roughly $347.46 on Thursday.

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This article first appeared on GuruFocus.

Alphabet (NASDAQ:GOOGL) said it passed on President Trump's $2 billion quantum-computing funding effort because the terms could have slowed its work on a practical machine, according to comments at the Semafor Tech Summit in San Francisco on June 10.

Alphabet Quantum AI Chief Operating Officer Charina Chou said the program came with conditions that did not fit the company's pace. She did not detail those terms, and Alphabet said it still works with Washington in other ways while backing more spending on basic research.

Warning! GuruFocus has detected 7 Warning Signs with MU. Is GOOG fairly valued? Test your thesis with our free DCF calculator.

The package, structured as letters of intent rather than final contracts, was aimed at strengthening the U.S. quantum ecosystem and helping it keep up with China, the report said. IBM (NYSE:IBM), GlobalFoundries (NASDAQ:GFS), Quantinuum, PsiQuantum, Rigetti Computing (NASDAQ:RGTI) and Infleqtion (INFQ) were among the groups linked to the effort.

Alphabet shares were trading about 3% lower on Thursday. The disclosure adds to debate over public funding in quantum computing, a field some companies say may carry national security implications and long development timelines. Microsoft Corporation (NASDAQ:MSFT) and IonQ (NYSE:IONQ) were also absent.

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Key Points

Stock splits have enjoyed a resurgence in recent years. Historically, stock split stocks tend to beat the broader market. CrowdStrike has an excellent track record of growth and the backing of Wall Street's collective wisdom.10 stocks we like better than CrowdStrike ›

There's been a resurgence in the popularity of stock splits in recent years, driven by rising corporate profits and surging stock prices. It was common practice in the late 1990s, but fell out of fashion before enjoying a renaissance. This is historically a sign of a company performing at a high level, as evidenced by years, or even decades, of strong operating and financial results, which have driven the stock price out of reach for everyday investors.

Historically, these top-performing stocks continue to outpace their peers. History shows that companies that conduct stock splits generate stock price increases of 25%, on average, in the year following the announcement, compared with average gains of 12% for the S&P 500, according to data compiled by BofA analyst Jared Woodard.

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Let's look at one recent stock split that still has plenty of upside ahead, according to Wall Street.

Image source: Getty Images.

AI in its DNA

Artificial intelligence (AI) has been all the rage in recent years, but CrowdStrike Holdings(NASDAQ: CRWD) has built a cybersecurity empire that leveraged AI before it was fashionable. The company's Falcon platform offers the most sophisticated threat protection available, infused with its Charlotte AI, which was designed for the world of generative and agentic AI.

The need for its services has never been greater. The global average cost of a data breach last year was $4.44 million, according to a report by IBM, and the threat worsens with every passing year. The abilities of AI to find exploits take that problem to the next level.

CrowdStrike has long been a trailblazer in the cybersecurity industry. It was recognized as a Leader in Gartner's 2026 Magic Quadrant for Endpoint Protection for the seventh consecutive year. Perhaps as importantly, the company was chosen as a Leader in Gartner's inaugural 2026 Magic Quadrant for Cyberthreat Intelligence Technologies, cited for its "completeness of vision" and "ability to execute."

The company's results are compelling. For its fiscal 2027 first quarter (ended April 30), CrowdStrike reported revenue that climbed 26% year over year to $1.39 billion, driven higher by record annual recurring revenue (ARR) that grew 24% to $5.5 billion. This drove adjusted earnings per share (EPS) up 51% to $1.10.

Wall Street is bullish about CrowdStrike's future. Of the 54 analysts who offered an opinion in June, 78% rate it a buy or strong buy. Furthermore, Wall Street's average price target on the stock is about $712, implying additional upside of 10% compared to Wednesday's closing price.

However, one analyst is much more bullish. Rosenblatt Securities analyst Catharine Trebnick has a price target of $825 -- the highest among her Wall Street peers -- suggesting CrowdStrike stock could climb as much as 27% from its current price (as of market close on Wednesday). The analyst called CrowdStrike's Q1 financial report "outstanding." She goes on to say that the "intersection of frontier AI models and cybersecurity has positioned the Falcon platform as critical AI infrastructure."

Her thinking is on point. When AI start-up Anthropic unveiled its Claude Mythos Preview, the frontier AI model revealed "thousands of high-severity vulnerabilities, including some in every major operating system and web browser" that hackers could use to gain access to critical systems. Anthropic formed a coalition to address these exploits, and CrowdStrike was one of just two cybersecurity companies invited to participate.

CrowdStrike's valuation is enough to make value investors cringe, so it likely won't be a fit for everyone. The stock is currently selling for 111 times forward earnings -- which is pricey to be sure. However, CrowdStrike has soared 362% over the past three years, more than five times the 71% return of the S&P 500, which underlines why it's worthy of a premium valuation.

Should you buy stock in CrowdStrike right now?

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Bank of America is an advertising partner of Motley Fool Money. Danny Vena, CPA has positions in CrowdStrike. The Motley Fool has positions in and recommends CrowdStrike and International Business Machines. The Motley Fool recommends Gartner. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.

IBM and ServiceNow announced a new multi year collaboration to modernize legacy enterprise systems and enable large scale AI deployment. The partnership combines IBM's AI, data, and automation offerings with ServiceNow's AI Platform to support autonomous IT operations and data driven workflows. The agreement is described as multi year, signaling an extended focus on enterprise AI governance and platform integration for NYSE:NOW.

ServiceNow (NYSE:NOW) is widely used for workflow automation, IT service management, and broader enterprise operations. This new collaboration with IBM sits at the intersection of AI, automation, and legacy system modernization, areas that many large organizations are working through right now. For investors, it adds another concrete example of how ServiceNow is positioning its platform alongside large technology partners.

The agreement could influence how enterprises think about consolidating tools, managing AI governance, and automating complex IT environments. The scope of the collaboration may also shape how markets view ServiceNow's role within the broader enterprise AI ecosystem, particularly as more customers consider large scale automation projects involving legacy systems.

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We've flagged 1 risk for ServiceNow. See which could impact your investment.

The expanded IBM collaboration positions ServiceNow more firmly in large, complex transformation projects where legacy systems, data quality, and AI governance are the main bottlenecks. By pairing IBM’s consulting reach and automation tools with the ServiceNow AI Platform, the two companies are aiming at the same pain points highlighted in other recent ServiceNow alliances, such as AI governance with Cognizant and incident automation with Everbridge. For you as an investor, this adds another data point that large partners are building on top of ServiceNow rather than treating it as just one more IT ticketing tool. It also means some execution risk will sit inside joint go to market motions and integration work with IBM, especially when customers are also considering Microsoft, Salesforce, or Oracle for similar modernization efforts.

Story Continues

How This Fits Into The ServiceNow Narrative

The deal supports the idea that AI focused partnerships and workflow automation can deepen ServiceNow’s role in enterprise wide transformation by tying its platform to legacy modernization and data governance. Relying on IBM for application modernization and data services could challenge the expectation that ServiceNow alone captures most of the value from AI workflows if clients see IBM as the primary architect. The emphasis on large scale legacy modernization and autonomous infrastructure operations is more specific than the high level AI partnership themes in the narrative and may not be fully reflected there yet.

Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for ServiceNow to help decide what it's worth to you.

The Risks and Rewards Investors Should Consider

⚠️ Execution risk if IBM and ServiceNow struggle to turn broad modernization goals into repeatable solutions that work across different legacy environments and industries. ⚠️ Competitive risk if enterprises choose integrated stacks from rivals such as Microsoft, Salesforce, or Oracle instead of combining ServiceNow with IBM for AI ready data and automation. 🎁 The agreement supports ServiceNow’s attempt to sit at the center of autonomous IT operations and AI governed workflows, which can make the platform harder to displace in large enterprises. 🎁 A multi year horizon with a major partner like IBM can give ServiceNow more visibility into long projects, helping align its product roadmap with real world modernization and AI deployment patterns.

What To Watch Going Forward

From here, keep an eye on whether IBM and ServiceNow start surfacing joint customer wins that reference legacy application retirement, AI control, and data governance on the ServiceNow platform. It is also worth tracking how often this collaboration appears on earnings calls alongside other partnerships with Cognizant, NICE, and Everbridge, so you can see whether ServiceNow is becoming the common hub for AI oriented projects or just one of several workflow options. Finally, pay attention to any commentary from enterprises that also buy from Microsoft, Salesforce, or Oracle, as their vendor mix will show how central ServiceNow becomes in large scale AI and automation programs.

To ensure you're always in the loop on how the latest news impacts the investment narrative for ServiceNow, head to the community page for ServiceNow to never miss an update on the top community narratives.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NOW.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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Price is applying four decades of award-winning audio direction to professional voice cloning; every voice is licensed from a real actor who is paid each time it is used.

PHILADELPHIA, PA / ACCESS Newswire / June 11, 2026 / Dan Price has spent 40 years making voices sell things. As founder of Oink Ink Radio, he has directed voice performances for Google, IBM, Ford, AT&T, NBC, and Staples, work that has earned nearly a thousand industry awards, including Cannes Lions, Clios, One Show Pencils, Radio Mercury Awards, and London International Awards.

Now he is turning that experience to AI.

BionicVO is a professional voice cloning platform for creative teams that want AI efficiency without giving up the quality of real voice talent. Every voice in the catalog comes from a real, professional voice actor; the platform does not use synthetic stock voices. Each actor was selected by Price for a voice that is distinct, human, and authentic, and each has chosen to license that voice on their own terms. The roster is made up of working professionals with national commercial, network television, and film credits.

Before a user ever touches the platform, Price and his engineering team apply 40 years of audio direction and sound design to the source audio itself, the same production methodology behind Oink Ink's award-winning campaigns. Users browse the actor roster, upload a script, generate a clone, and refine it in a built-in production studio, with tools and best practices built into the platform.

"AI voices aren't bad because the technology is bad. They're bad because no one is directing the performance. We built BionicVO to master these tools, not just use them," said Dan Price, founder of Oink Ink Radio and managing member of BionicVO.

Every time a voice is used, the actor gets paid. BionicVO runs on a royalty model, not a synthetic voice bank. No fake voices. No stolen likenesses.

The global AI voice market is projected to reach $21.75 billion by 2030. BionicVO enters it with a hand-picked roster of professional voices and four decades of performance direction applied to the source audio.

For more information or to schedule an interview with Dan Price ahead of launch, contact Lauren Harris at lauren@reliablepr.net.

About BionicVO

BionicVO is a professional voice cloning platform for creative teams that refuse to compromise on sound. Founded by veteran audio producer Dan Price of Oink Ink Radio, BionicVO combines a hand-picked roster of experienced U.S. voice actors, source audio crafted by professional voice directors and sound designers, and ethical AI practices to deliver performances that sound intentional, human, and production-ready.

Story Continues

Media Contact Lauren Harris | Reliable PR & Marketing | lauren@reliablepr.net | (661) 472-6924

Company Contact Dan Price | Founder & Managing Member | dan@bionicvo.ai | (347) 234-8375

SOURCE: BionicVO

View the original press release on ACCESS Newswire

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[Google Chicago Fulton Market building. Google is a technology company known for search engine, browser and online advertising.]

As the U.S. races against China in quantum computing, one name was notably missing from President Donald Trump's $2B funding initiative—Alphabet (GOOGL [https://seekingalpha.com/symbol/GOOGL]).

Now, Google has revealed why it chose to stay out, and the decision highlights a growing debate over how much government involvement could shape the future of the technology.

Speaking at the Semafor Tech Summit in San Francisco on June 10, Google Quantum AI COO Charina declined to join the Trump administration's $2B quantum computing [https://seekingalpha.com/news/4595634-quantum-computing-is-the-latest-us-government-equity-bet] funding initiative because "various conditions that came with the funding" would have prevented the company from moving at its preferred pace.

The conditions attached to the program could have slowed its push to build a practical quantum computer, reported [https://finance.yahoo.com/sectors/technology/articles/google-spurned-u-quantum-fund-140235176.html] Yahoo Finance.

However, the exact conditions tied to the funding have not been disclosed. Chou added that the company still works with Washington "in other ways" and supports more funding for basic quantum research.

According to Semafor, the package was aimed at strengthening the U.S. quantum ecosystem and countering China's rapid advances in the field.

The program, structured as letters of intent rather than final agreements, included names like International Business Machines (IBM [https://seekingalpha.com/symbol/IBM]), GlobalFoundries (GFS [https://seekingalpha.com/symbol/GFS]), Quantinuum, PsiQuantum, Rigetti Computing (RGTI [https://seekingalpha.com/symbol/RGTI]), and Infleqtion (INFQ [https://seekingalpha.com/symbol/INFQ]) among other beneficiaries.

The debate over government funding was echoed by PsiQuantum co-founder Pete Shadbolt, who defended public investment in the industry, saying it was "really natural" because quantum technology has "national security implications."

Meanwhile, International Business Machines executive Scott Crowder said the company expects its first scalable quantum system by 2029.

These comments provide fresh insight into why Alphabet [https://seekingalpha.com/news/4602356-eyes-on-the-sky-walmart-and-alphabets-wing-expand-their-drone-delivery-program] (GOOGL [https://seekingalpha.com/symbol/GOOGL]), Microsoft Corporation (MSFT [https://seekingalpha.com/symbol/MSFT]), and IonQ (IONQ [https://seekingalpha.com/symbol/IONQ]) were absent from the Trump administration's list of nine recipients announced in May 2026.

Additionally, on the market side, Alphabet stock is trading ~2.51% lower at ~$347.46 on Thursday.

MORE ON ALPHABET

* Alphabet And Microsoft: Holding The Winner, Buying The Laggard [https://seekingalpha.com/article/4913480-alphabet-and-microsoft-holding-the-winner-buying-the-laggard]
* Alphabet's $84.75B Equity Plan Looks Like A Red Flag - It Isn't (For Now) [https://seekingalpha.com/article/4913238-alphabets-84-75b-equity-plan-looks-like-a-red-flag-it-isnt-for-now]
* Alphabet: CapEx Pressure Is Real, But The Long-Term AI Opportunity Is Bigger [https://seekingalpha.com/article/4913062-alphabet-capex-pressure-is-real-but-the-long-term-ai-opportunity-is-bigger]
* Wall Street may be lowballing hyperscaler capex - Goldman [https://seekingalpha.com/news/4602619-wall-street-may-be-lowballing-hyperscaler-capex---goldman]
* Google talking to Samsung about manufacturing part of TPU: report [https://seekingalpha.com/news/4602597-google-talking-to-samsung-about-manufacturing-part-of-tpu-report]