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News 2026-09-16 16:50 UTC

IBM shares are trading lower amid possible profit taking after the company finalized its $1B CHIPS Act award with the U.S. government and ahead of today's FOMC rate decision and Fed commentary. The stock has rallied approximately 40% since late July.

IBM shares are trading lower amid possible profit taking after the company finalized its $1B CHIPS Act award with the U.S. government and ahead of today's FOMC rate decision and Fed commentary. The stock has rallied approximately 40% since late July.